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v3.26.1

Performance B.4.3. Directors and executive management (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Employee Benefits Expense [Line Items] |  |  |
Remuneration charge for the Board (gross of withholding tax) | $ 1,018 | $ 1,300 | $ 1,675
Shares beneficially owned by the Directors | 59,073 | 47,473 |
Remuneration charge (in shares) | 14,500 | 39,606 | 42,141
Remuneration expense, percent shares | 41.00% | 58.00% | 75.00%
Remuneration expense, percent cash | 59.00% | 42.00% | 25.00%
Classes of employee benefits expense: |  |  |
Base salary | $ 358,000 | $ 421,000 | $ 463,000
Pension | 2,000 | 3,000 | 3,000
Other benefits | 19,000 | 17,000 | 24,000
Share based compensation | 14,000 | 50,000 | 52,000
Employee benefits expense | $ 452,000 | $ 553,000 | 614,000
Shares awards vested (in shares) | 434,675 | 270,850 |
Shares not yet vested (in shares) | 502,914 | 474,225 |
Chairperson |  |  |
Employee Benefits Expense [Line Items] |  |  |
Remuneration charge for the Board (gross of withholding tax) | $ 250 | $ 0 | 315
Shares beneficially owned by the Directors | 0 | 0 |
Other non-executive directors of the Board |  |  |
Employee Benefits Expense [Line Items] |  |  |
Remuneration charge for the Board (gross of withholding tax) | $ 768 | $ 1,300 | 1,360
Shares beneficially owned by the Directors | 59,073 | 47,473 |
Group Leadership Team |  |  |
Classes of employee benefits expense: |  |  |
Base salary | $ 3,427 | $ 5,040 | 4,903
Bonus | 5,446 | 13,230 | 3,267
Pension | 623 | 1,042 | 1,194
Other benefits | 1,676 | 635 | 529
PCA (2025) / MSU (2024) | 0 | 1,169 | 0
Termination benefits | 4,036 | 4,940 | 804
Total before share based compensation | 15,208 | 26,056 | 10,696
Share based compensation | 5,371 | 16,277 | 21,663
Employee benefits expense | $ 20,579 | $ 42,332 | $ 32,359

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