EMPLOYEES (Tables)

12 Months Ended

Dec. 31, 2023

Analysis of income and expense [abstract]

Schedule of Staff Costs and Key Management Personnel

Staff costs

(in millions)	Note	2023		2022		2021
The total employment costs, including Executive Directors, were:
Wages and salaries		(226)		(182)		(165)
Social security costs		(37)		(30)		(25)
Pension costs(1)		(14)		(12)		(6)
Share-based payments expense for the year	25	(22)		(16)		(11)
Termination (costs)/reversal(2)		(7)		—		1
Acquisition-related employee costs(2)		(3)		—		—
Total staff costs		$	(309)	$	(240)	$	(206)

__________________

(1)Pension costs predominantly reflect contributions made towards the Group’s defined contribution plans.

(2)Acquisition-related employee costs primarily reflect acceleration of vesting of Opiant employee share compensation and short-term retention costs. Termination costs reflects severance related to the acquisition of Opiant.

including the CEO and the functional leads directly reporting to the CEO plus all Non-Executive Directors. Compensation awarded to key management was:

(in millions)	2023		2022		2021
Short-term employee benefits	(13)		(10)		(10)
Termination costs	—		—		(1)
Share-based payments expense for the year	(13)		(10)		(7)
Non-Executive Director remuneration	(1)		(1)		(1)
Total compensation awarded	$	(27)	$	(21)	$	(19)

(b) Staff numbers

The average monthly number of persons employed by the Group, including Directors, during the year was:

	2023	2022	2021
Operations	735	675	573
Management	208	178	164
Research and development	108	75	65
Average monthly number of employees	1,051	928	802