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v3.23.1

RELATED PARTIES (Tables) | 12 Months Ended
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Dec. 31, 2022
Related Party Transactions [Abstract] |
Schedule of Target-based Cash Incentives |
Company's Profit-Before-Tax Targets (In US$thousands) (*) | Level of Incentive - As a Percentage of the Executive Office Holder's Annual Cost of Pay
24,001 - 27,500 | 20%
27,501-31,000 | 45%
31,001-35,000 | 75%
35,001-39,000 | 110%
Above 39,001 | 150%
(*) | Profit before tax target will not include adjustment of the value of assets and obligations to their fair value in accordance with accounting standards.
Schedule of aggregate amounts paid to Executive Offices |
|  | US dollars |
|  | Year ended December 31, |
(in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Izzy Sheratzky |  |  | 3,380 |  |  |  | 3,412 |  |  |  | 1,096 |
Eyal Sheratzky |  |  | 2,679 |  |  |  | 2,692 |  |  |  | 864 |
Nir Sheratzky |  |  | 2,679 |  |  |  | 2,692 |  |  |  | 864 |
Gil Sheratzky |  |  | 1,841 |  |  |  | 1,934 |  |  |  | 518 |

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