Notes to Condensed Consolidated Financial Information 30 June 2024 91 ESR Group Limited Interim Report 2024 26. RELATED PARTY TRANSACTIONS (continued) (b) Commitments with related parties The Group expects the total capital commitment to associates and joint ventures to be US$375,687,000 and US$622,023,000 (31 December 2023: US$306,473,000 and US$519,720,000), respectively. (c) Compensation of key management personnel of the Group: For the six months ended 30 June 2024 2023 (Unaudited) (Unaudited) US$’000 US$’000 Short term employee benefits 5,475 4,737 Pension scheme contributions 12 5 Share-based compensation expense 1,013 1,543 Total compensation paid to key management personnel 6,500 6,285 (d) Loans to directors Loans to directors, disclosed pursuant to section 383(1)(d) of the Hong Kong Companies Ordinance and Part 3 of the Companies (Disclosure of Information about Benefits of Directors) Regulation, are as follows: Name At 1 January 2023 Maximum amount outstanding during the year At 31 December 2023 (audited) and 1 January 2024 Maximum amount outstanding during the period At 30 June 2024 (Unaudited) US$’000 US$’000 US$’000 US$’000 US$’000 Mr. Stuart Gibson 4,600 5,244 5,244 5,383 4,270 Mr. Charles Alexander Portes 4,600 5,244 5,244 5,383 4,270 Loans granted to directors bear interest at SOFR plus 4% (31 December 2023: SOFR plus 4%) per annum, and they are unsecured. The loans were fully repaid subsequent to 30 June 2024. Loans to directors and the related interest receivables were included in the balance of prepayments, other receivables and other assets as of 30 June 2024. 27. SHARE CAPITAL 30 June 2024 31 December 2023 (Unaudited) (Audited) Authorised number of shares 8,000,000,000 8,000,000,000
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