
	Options Outstanding Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life
Outstanding at December 31, 2024	622,292	$	170.52	3.91
Granted	118,902	$	185.18
Exercised	(58,784)	$	110.50
Forfeited/Expired	(11,623)	$	256.00
Outstanding at June 30, 2025	670,787	$	176.90	4.30
Exercisable at June 30, 2025	436,041	$	152.79	3.05

The Company issues ordinary shares for all options exercised. The total amount of fully vested share options which remained outstanding at June 30, 2025 was 436,041. Fully vested share options at June 30, 2025 have an average remaining contractual term of 3.05 years and an average exercise price of $152.79.

The weighted average fair value of options granted during the six months ended June 30, 2025 and June 30, 2024 was calculated using the Black-Scholes option pricing model. The weighted average grant date fair values and assumptions used were as follows:


	Six Months Ended
	June 30, 2025			June 30, 2024
Weighted average grant date fair value	$	64.42		$	115.76
Assumptions:
Expected volatility	35		%	36		%
Dividend yield	—		%	—		%
Risk-free interest rate	4.00		%	4.20		%
Expected life	4.4 years			4.3 years

Expected volatility is based on the historical volatility of our common stock over a period equal to the expected term of the options; the expected life represents the weighted average period of time that options granted are expected to be outstanding given consideration to vesting schedules and our historical experience of past vesting and termination patterns. The risk-free rate is based on the U.S. government zero-coupon bonds yield curve in effect at time of the grant for periods corresponding with the expected life of the option.

On April 23, 2013, the Company adopted the 2013 Employees Restricted Share Unit Plan (the "2013 RSU Plan") pursuant to which the Compensation and Organization Committee of the Company's Board of Directors may make awards under the plan to any employee, Director holding a salaried office or employment with the Company, or a Subsidiary. On May 11, 2015, the 2013 RSU Plan was amended and restated in order to increase the number of shares that can be issued under the RSU Plan by 2.5 million shares. Further, on October 25, 2024, the 2013 RSU Plan was amended and restated effective as of November 6, 2024 in order to increase the number of shares that can be issued under the RSU Plan by a further 2.5 million shares. Accordingly, an aggregate of 6.6 million ordinary shares have been reserved for issuance under the 2013 RSU Plan. The shares are awarded at par value and vest over a service period. Awards under the 2013 RSU Plan may be settled in cash or shares at the option of the Company. No awards may be granted under the 2013 RSU Plan after November 6, 2034.

On April 30 2019, the Company approved the 2019 Consultants and Directors Restricted Share Unit Plan (the “2019 Consultants RSU Plan”), which was effective as of May 16, 2019, pursuant to which the Compensation and Organization Committee of the Company’s Board of Directors may select any consultant, adviser or non-executive Director retained by the Company, or a Subsidiary to receive an award under the plan. 250,000 ordinary shares have been reserved for issuance under the 2019 Consultants RSU Plan. The awards are at par value and vest over a service period. Awards granted to non-executive directors vest over twelve months. No awards may be granted under the 2019 Consultants RSU Plan after May 16, 2029.


	PSU Outstanding Number of Shares	PSU Weighted Average Grant Date Fair Value		RSU Outstanding Number of Shares	RSU Weighted Average Grant Date Fair Value
Outstanding at December 31, 2024	19,721	$	280.76	647,589	$	251.36
Granted	41,359	$	185.18	1,145,998	$	130.15
Shares vested	(8,191)	$	231.68	(26,013)	$	274.54
Forfeited	(11,502)	$	313.16	(81,914)	$	239.84
Outstanding at June 30, 2025	41,387	$	185.96	1,685,660	$	169.15

The fair value of RSUs vested during the six months ended June 30, 2025 totaled $7.1 million (June 30, 2024: $24.3 million). The fair value of RSUs granted during the six months ended June 30, 2025 totaled $149.2 million (June 30, 2024: $75.7 million). Of the fair value of RSUs granted during the six months ended June 30, 2025, $73.9 million (June 30, 2024: $1.5 million) vest over 12 months.

The fair value of PSUs vested during the six months ended June 30, 2025 totaled $1.9 million (June 30, 2024: $1.8 million). The PSUs vest based on service and specified EPS targets over the periods 2022 - 2024, 2023 - 2025, 2024 -


	Three Months Ended				Six Months Ended
	June 30, 2025		June 30, 2024		June 30, 2025		June 30, 2024
	(in thousands)
Direct costs	$	9,290	$	7,299	$	14,671	$	14,020
Selling, general and administrative	6,143		7,665		13,056		14,125
Total	$	15,433	$	14,964	$	27,727	$	28,145