NOTES TO THE FINANCIAL STATEMENTS 9. Directors’ and Executive Officers’ Emoluments (continued) (b) Five highest paid individuals The five individuals whose emoluments were the highest in the Group are as follows: Year ended 31st December 2022 2021 Number of individuals: Executive Directors (note (i)) 3 1 Executive Officers (note (ii)) 2 4 5 5 Notes: (i) Details of the emoluments paid to these Executive Directors are included in the disclosure set out in note 9(a) above. (ii) Details of the emoluments paid to the above executive officers are as follows. For the year ended 31st December 2021, an Executive Officer was appointed as an Executive Director with effect from 25th August 2021. Details of the aggregate of the emoluments paid to this Executive Director (including the emoluments paid to this Executive Director and disclosed in note 9(a) above) and the other three highest paid Executive Officers are as follows. Year ended 31st December 2022 2021 HK$’000 HK$’000 Cash: Salary 5,626 10,194 Discretionary bonus (Note) 3,340 5,155 Allowance and benefits 676 3,690 Non-cash: Retirement scheme contributions 765 1,656 Bonus paid into retirement scheme – 659 Housing and other benefits 4,899 13,089 15,306 34,443 Note: The bonuses disclosed above are related to services for the previous year. The number of the above Executive Officers whose emoluments fell within the following bands: Year ended 31st December 2022 2021 HK$10,000,001 – HK$10,500,000 – 1 HK$9,500,001 – HK$10,000,000 – 1 HK$8,500,001 – HK$9,000,000 1 – HK$7,000,001 – HK$7,500,000 – 2 HK$6,500,001 – HK$7,000,000 1 – 2 4 152