33. Related parties
Ultimate controlling party
TMF Group Holding B.V. (“TMF Group”) is the parent company of our operational entities. The majority of the shares in TMF Group Holding B.V. are held by CVC Strategic Opportunities Fund II ("CVC") and Abu Dhabi Investment Authority ("ADIA") and the remainder of the shares are held by STAK.
Transactions with the Supervisory Board
|
In millions of Euro |
31 December 2023 |
31 December 2022 |
|---|---|---|
|
Total compensation paid to the Supervisory Board |
0.4 |
- |
|
Short-term employee benefits |
0.4 |
- |
Total compensation of the Supervisory Board is paid to independent members of Supervisory board only.
Transactions with the Management Board
|
In millions of Euro |
31 December 2023 |
31 December 2022 |
|---|---|---|
|
Total compensation paid to the Management Board |
3.5 |
- |
|
Short-term employee benefits |
3.3 |
- |
|
Post employment pension benefits |
0.2 |
- |
The Management Board and some members of the Supervisory Board are participating in the equity settled shared based payment plan. Please refer to note 25 Share-based payment for further detail.