Reigniting growth - Annual Report and Accounts 2024

Notes to the consolidated financial statements For the year ended 30 June 2024

5. Employee information continued b. Number of employees The average monthly number of employees during the year, including Directors, was as follows:

d. Directors’ emoluments Further details of Directors’ emoluments are included within the Remuneration Committee report on pages 78 to 96.

2024 £’000 1,618

2023 £’000

2024 Number of employees

2023 Number of employees

Salaries and bonuses

1,411 504

606

Non-Executive Directors’ fees

309 176 485

Business staff Functional staff

310 199 509

– 3

Other payment Benefits in kind

271

5

Total staff

2,227

2,191

44 64

Pension contributions

45

Details of Directors’ engagement with employees, and information on how the Directors have had regard to employee interests is detailed within the Responsible business report on pages 44 to 48.

Amounts receivable under long-term incentive schemes

147

Total Directors’ remuneration

2,335

2,383

The aggregate amount of gains made by Directors on the exercise of share options during the year was £20,000 (FY23: £446,000). Retirement benefits are accruing to two Directors (FY23: one) under a defined contribution pension scheme. Other payment reflects the total of payments to an Executive Director in relation to stepping down from Executive Director responsibilities as described in the Remuneration Committee report on pages 78 to 96.

c. Key management compensation

The compensation of the key management personnel of the Group, defined as the Group Board of Directors including both the Executives and Non-Executives, is set out below.

2024 £’000 2,227

2023 £’000 2,065

Short-term employee benefits Post-employment benefits

The remuneration of the highest paid Director during the year was as follows: 2024 £’000

44 64

44

2023 £’000

Share-based payments Total compensation

132

2,335

2,241

859

Remuneration and benefits in kind

841

The current year total compensation, including bonuses, includes one Executive Director for the full year, and the other Executive Director from the date of appointment in August 2023. The prior year total compensation includes one Executive Director, including bonuses, plus two further Executive Directors until their resignation during the prior year.

64

Amounts received under long-term incentive schemes

Total remuneration

923

841

The amount of gains made by the highest paid Director on the exercise of share options during the year was £20,000 (FY23: £175,000).

124 Brooks Macdonald Group plc Annual Report and Accounts 2024

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