ANNUAL REPORT 2012 - TiGenix

Remuneration of the CEO in 2012
2012
Fixed remuneration (gross) 322,000
Variable remuneration (short term) 116,725
Pension 0
Other benefits 16,645
TOTAL 455,370
In addition, in 2012, Eduardo Bravo (in
his capacity as CEO) was granted and
accepted 1,360,000 warrants under the July
6, 2012 warrant plan. The exercise price of
the warrants is EUR 1.00. A description of
the main characteristics of the July 6, 2012
warrant plan can be found in section 4 of this
report above.
No other warrants, shares, options on shares
or rights to acquire shares were granted to
Eduardo Bravo in 2012. No warrants, options
on shares or rights to acquire shares were e
xercised by Eduardo Bravo in 2012 or expired
in 2012.
2012
Fixed remuneration (gross) 587,026
Variable remuneration (short term) 171,953
Pension 16,041
Other benefits 35,638
TOTAL 810,657
In addition, in 2012, the other members of the executive management were granted and
accepted the following warrants under the July 6, 2012 warrant plan. The exercise price of the
warrants is EUR 1.00. A description of the main characteristics of the July 6, 2012 warrant plan can
be found in section 4 of this report above.
Remuneration of the other members of the executive management in 2012
Number of warrants
Gil Beyen BVBA, represented by Gil Beyen -
Claudia D’Augusta 480,000
Wilfried Dalemans 400,000
No other warrants, shares, options on shares or rights to acquire shares were granted to any of
Gil Beyen BVBA, represented by Gil Beyen, Claudia D’Augusta or Wilfried Dalemans in 2012. No
warrants, options on shares or rights to acquire shares were exercised by them in 2012 or expired
in 2012.
190 TiGenix I annual report 2012