The disclosure amounts are based on the expense recognized in the consolidated statement of operations.


	2025			2024			2023
Salaries and other remuneration		(135,526	)		(139,244	)		(150,026	)
Social security costs		(23,196	)		(20,011	)		(23,255	)
Share-based compensation(1)		(13,261	)		(13,598	)		(21,446	)
Pension and post-employment benefits		(10,537	)		(8,871	)		(9,542	)
Total		(182,520	)		(181,724	)		(204,269	)

(1) Refer to Note 8 “Share-based compensation” for further details.


Key management compensation	2025			2024			2023
Short-term employee benefits(1)		(7,529	)		(7,761	)		(11,120	)
Pension and post-employment benefits		(392	)		(551	)		(628	)
Share-based compensation(2)		(6,074	)		(7,979	)		(9,151	)
Social security costs		(1,030	)		(1,546	)		(3,404	)
Total		(15,025	)		(17,837	)		(24,303	)

(1) For the twelve months ended December 31, 2025, severance pay of $0.6 million was included in short-term employee benefits (2024: $0.6 million, 2023: $2.5 million)

(2) Refer to Note 8 “Share-based compensation” for further details.

During the year ended December 31, 2025, key management consisted of an average of 8 members of management, including our executive officers and excluding the Board of Directors (2024: 13 members; 2023: 14 members). As of December 31, 2025, key management consisted of 8 members.

7.1 Employee benefits expenses by function


	2025			2024			2023
Cost of goods sold		(36,906	)		(37,240	)		(37,671	)
Research and development expenses		(11,628	)		(11,645	)		(12,431	)
Selling, general and administrative expenses		(133,986	)		(132,839	)		(154,167	)
Total		(182,520	)		(181,724	)		(204,269	)

7. Employee and personnel costs