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Investor Presentaiton

HKAS 1.51(a) HKAS 1.49 HK Listco Ltd Financial statements for the year ended 31 December 2023 Directors' fees Salaries, allowances and benefits in kind Discretionary bonuses Retirement scheme contributions Share-based 2022 Sub-Total payments 151 Total $'000 $'000 $'000 $'000 $'000 $'000 $'000 Chairman Hon WS Tan 150 150 150 Executive directors SK Ho 50 1,090 150 100 1,390 1,390 YK Ng 50 1,060 125 100 1,335 125 1,460 PK Smith 50 1,160 150 110 1,470 200 1,670 40 600 70 60 770 50 820 BC Tong Independent non- executive directors TY Sham 100 100 100 YH Li 100 100 100 AC Man 100 100 100 640 3,910 495 370 5,415 375 5,790 Note: A16(25) HKAS 24.17 These represent the estimated value of share options granted to the directors under the company's share option scheme. The value of these share options is measured according to the group's accounting policies for share-based payment transactions as set out in note 1(x)(iii) and, in accordance with that policy, includes adjustments to reverse amounts accrued in previous years where grants of equity instruments are forfeited prior to vesting. The details of these benefits in kind, including the principal terms and number of options granted, are disclosed under the paragraph "Share option scheme" in the directors' report and note 29. In addition, the company has given a guarantee on behalf of a director to a finance company. This benefit in kind is disclosed in note 23. INDIVIDUALS WITH HIGHEST EMOLUMENTS Of the five individuals with the highest emoluments, three (2022: three) are directors whose emoluments are disclosed in note 7. The aggregate of the emoluments in respect of the other two (2022: two) individuals are as follows: 2023 2022 $'000 $'000 A16(25)(1) A16(25)(3) Salaries and other emoluments 1,500 1,400 Discretionary bonuses 150 140 Share-based payments 150 150 A16(25)(2) Retirement scheme contributions 140 130 1,940 1,820 C(DIBD)R.4(2)(b) 151 The CO requires entities to disclose the nature of any non-cash benefits included in the total amounts disclosed for emoluments, retirement benefits, compensation or consideration paid to third parties. However, it is not necessary to separately disclose the monetary amounts of those non-cash benefits included in the totals. In the illustration above this requirement is met by separately disclosing share-based payments. Other examples could include allowing the director to live in accommodation owned by the company rent-free. 97 © 2023 KPMG, a Hong Kong partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved.
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