NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 December 2021 38. RELATED PARTY TRANSACTIONS (continued) (c) Compensation of key management personnel of the Group: 2021 2020 US$’000 US$’000 Short term employee benefits 8,312 9,024 Post-employment benefits 13 46 Share-based payment 379 5,670 Total compensation paid to key management personnel 8,704 14,740 (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 2020 Maximum amount outstanding during the year At 31 December 2020 and 1 January 2021 Maximum amount outstanding during the year At 31 December 2021 US$’000 US$’000 US$’000 US$’000 US$’000 Mr Stuart Gibson – 4,600 4,600 4,853 4,853 Mr Charles Alexander Portes – 4,600 4,600 4,853 4,853 Loans granted to directors bear interest at 4.5% (2020: 5.5%) per annum, and they are unsecured and repayable in year 2022. Loans to Directors and the related interest receivables were included in the balance of prepayments, other receivables and other assets as of 31 December 2021. R E A C H I N G N E W H E I G H T S 220
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