Company: GLPG
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001558370-25-003806
Chunk: 230

Company: GALAPAGOS NV
Filing Date: 2025-03-27
Form: 20-F
Item: Item 6
Chunk 230
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 accordance with Section 7:97 §3 of the Belgian Companies Code, the procedure for related party transactions was applied in connection with the proposed separation of Galapagos into two entities and the transactions associated therewith, as announced by press release of January 8, 2025. The ad-hoc committee was composed of the following Directors: Elisabeth Svanberg, Jérome Contamine and Simon Sturge. These Directors received EUR 11,516.39 for their membership of this committee during financial year 2024, which has been included in their total remuneration.                                                                                                                                               
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In accordance with section 7:97 §3 of the Belgian Companies Code, the procedure for related party transactions was applied in connection with the proposed separation of Galapagos into two publicly listed entities and the transactions associated therewith, as announced by press release of January 8, 2025. The ad-hoc Committee was composed of the following Directors: Elisabeth Svanberg, Jérome Contamine and Simon Sturge. These Directors received EUR 11,516.39 for their membership of this Committee during financial year 2024. This amount is not included in the table above.
The table below provides an overview as of December 31, 2024 of the subscription rights held by a (former) member of the Board of Directors. Upon recommendation of our Nomination and Remuneration Committee, the Board of Directors decided in February 2020 to discontinue the grant of subscription rights to members of the Board of Directors going forward, taking into account the stricter rules of the Belgian Companies Code and provision 7.6 of the 2020 Code. 

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​               ​   Subscription right award                                                                                             ​   ​                     ​   ​                  
​               ​   ​         ​    ​           ​    ​           ​    ​                    ​    Subscription   ​    Number of ordinary    ​   Number of             ​   Number of          
​               ​   ​         ​    ​           ​    ​           ​    Subscription right   ​    right               shares underlying     ​   subscription rights   ​   subscription rights
​               ​   ​         ​    Grant       ​    Vesting     ​    exercise                  expiration          subscription rights