IE-Annual-Report-2023

Financial Statements 5. Remuneration 5(a). Directors’ and key management remuneration Included in employment costs are the following in respect of directors and key management personnel of the company: 2023 2022 € € Emoluments in respect of qualifying services 784,489 751,014 Company contributions in respect of qualifying services to Pension Scheme Fund, a defined contribution retirement scheme 46,284 44,699 830,773 795,713 The number of management to whom retirement benefits are accruing under Pension Scheme Fund in respect of qualifying services is 4 (2022 – 4). Other than as shown above any further required disclosures in sections 305 and 306 of the Companies Act 2014 are €Nil for both financial years. 5(b). Transactions with directors and officers Loans to directors There were no loans made to directors during the financial year. 5(c). Material interests of directors in contracts with the company Nothing was outstanding at the financial year end date or the previous financial year end date. 5(d). Total remuneration costs (including directors and key management) 2023 2022 Employment costs € € Wages and salaries 2,031,787 1,677,694 Social security costs 216,983 166,888 Other pension costs 84,109 80,833 Other compensation costs 30,600 - Contractor costs 141,675 111,147 2,505,154 2,036,562 5(e). Employees Number of employees (excluding directors) 2023 2022 Number Number The average monthly numbers of employees during the year were: Administration 26 24 6. Pension costs The company operates a defined contribution pension scheme for the benefit of all eligible employees. The assets of the scheme are vested in independent trustees for the sole benefit of those eligible employees. The other pension costs charge represents contributions payable by the company to the fund and amounted to €84,109 (2022 – €80,833). Notes to the Financial Statements (continued) IE Domain Registry CLG t/a .IE / Annual Report & Review 2023 42