Fiven Annual Report 2021

Note 8 Employee benefit expenses Amounts in EUR thousand 1 Jan–31 Dec 21 1 Jan–31 Dec 20 Salaries incl. bonuses 18 787 16 616 Social security cost 3 172 2 396 External temporary hires - 123 Pension cost (Note 9) 895 1 052 Other personnel related cost 703 1 357 Total employee benefit expense 23 557 21 543 Average full time equivalents 444 461 Full time equivalents 31.12 463 426 DEVELOPMENT EXPENSES Amounts in EUR thousand 1 Jan–31 Dec 21 1 Jan–31 Dec 20 Total research and development expenses 1 308 1 595 Less: Capitalized development excluded from employee benefit expenses (453) (356) Less: Capitalized development excluded from other operating expenses - (358) Net expensed research and development expenses 855 881 Fiven Annual Report 2021 48 Financial statements

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