YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2024 294 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 January 2024 37. SIGNIFICANT RELATED PARTY DISCLOSURES (CONTINUED) (c) Compensation to key management personnel Key management personnel are defined as those persons having authority and responsibility for planning, directing and controlling the activities of the Group either directly or indirectly. Key management personnel of the Group and of the Company are made up of Directors and senior management of the Group and the Company. Group Company 2024 RM million 2023 RM million 2024 RM million 2023 RM million Salaries and bonuses 27 26 8 7 Contributions to defined contribution plan 3 2 2 1 Share-based payments 6 (20) 3 (20) Other emoluments 8 3 1 - 44 11 14 (12) Included in salaries and bonuses is the charge of performance bonus of RM1 million (2023: reversal of RM10 million) accrued for an executive director in respect of the Performance Bonus Scheme under the LTIP (Note 29(c)). The amount of the performance bonus to be awarded and paid in cash is dependent upon whether the target points for daily share price and Award Conditions as set out in Note 29(c) are expected to be achieved at each annual assessment date within the performance period. The LTIP was cancelled on 31 December 2023 (Note 29(c)). 38. COMMITMENTS (a) Capital commitments Group 2024 RM million 2023 RM million Approved and contracted for: Property, plant and equipment 269 160
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