4Key management compensation and directors’ emoluments

Key management compensation

The directors are of the opinion that the key management of the Group comprises the executive and non-executive directors of ARM Holdings plc together with the Executive Committee (comprising all directors of ARM Limited and certain senior management). These persons have authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly. The Executive Committee was established during 2008, with key management in 2007 being purely the directors of ARM Holdings plc and ARM Limited. Comparatives for 2007 below have not been restated for the enlarged group of key management. At 31 December 2008, key management comprised 21 people (2007: 17).

The aggregate amounts of key management compensation are set out below:

The aggregate amounts of key management compensation are set out below

	2008 £000	2007 £000
Salaries and short-term employee benefits	5,756	3,858
Share-based payments	3,114	3,768
Group pension contributions to money purchase schemes	312	237
	9,182	7,863

Directors’ emoluments

The aggregate emoluments of the directors of the Company are set out below:

Directors’ emoluments

	2008 £000	2007 £000
Aggregate emoluments in respect of qualifying services	3,602	2,868
Aggregate Group pension contributions to money purchase schemes	194	171
Aggregate gains on exercise of share options	12	2,309
Aggregate amounts receivable under the Long Term Incentive Plan	635	–
	4,443	5,348

Detailed disclosures of directors’ emoluments are shown on pages 41 and 42. Details of directors’ interests in share options and awards are shown on pages 37 to 40 which form part of the financial statements.

Return to top of the page