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Notes to the consolidated financial statements (continued)

Note 4 - Staff costs
EUR million 
2023
2022
Wages and salaries
-77.7
-69.7
Pension costs
-2.3
-1.9
Other social security costs
-6.0
-5.5
Total staff costs 
-86.0
-77.1
Remuneration to the Executive Board and fee to the Board of Directors (EUR thousand)
Remuneration to the Executive Board and fee to the Board of Directors
-1,041
-1,051
For 2022 and 2023, separate information on remuneration for the Executive Management and Board of Directors has been omitted in accordance with the exemption provision in the Danish Financial statements Act § 98 b, subsection 3.
Remuneration of the Executive Board consists of fixed monthly salary, pension contribution, car allowance and a variable short-term bonus incentive. 
 
2023
2022
Number of full-time employee equivalents (FTEs)
1,093
1,022
Accounting policies
Staff costs comprise wages and salaries as well as payroll expenses and other related expenses.