| Schedule of share based arrangement expense and fair value of units granted |
Share-based payment expense, which is classified as selling, general, and administrative expenses on the unaudited condensed consolidated interim statement of income and other comprehensive income was as follows: | | | | | | | | | | | | | | | | | | | | | For the three months ended March 31, | | | | In millions | | 2026 | | 2025 | | | | | | Restricted and performance share units | | $ | 9.3 | | | $ | 3.8 | | | | | | | Equity-settled share options | | 2.4 | | | 2.7 | | | | | | | Cash-settled awards | | 1.0 | | | 0.0 | | | | | | | Total | | $ | 12.7 | | | $ | 6.5 | | | | | |
The following table summarizes the activity in RSUs for employees and non-employee directors during the three months ended March 31, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the three months ended March 31, | | | 2026 | | 2025 | | RSU's | | Number of units | | Weighted Average Grant Date Fair Value | | Number of units | | Weighted Average Grant Date Fair Value | | Outstanding at January 1, | | 1,271,589 | | | $ | 21.27 | | | 1,018,974 | | | $ | 13.63 | | | Granted during the year | | — | | | — | | | 6,448 | | 27.98 | | | Vested during the year | | (17,422) | | | 18.53 | | | (57,850) | | | 13.04 | | | Forfeited during the year | | (16,363) | | | 20.69 | | | (16,405) | | | 13.84 | | | Outstanding at March 31, | | 1,237,804 | | | $ | 21.31 | | | 951,167 | | $ | 13.76 | |
The following table summarizes the activity in PSUs for employees during the three months ended March 31, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the three months ended March 31, | | | 2026 | | 2025 | | PSU's | | Number of units | | Weighted Average Grant Date Fair Value | | Number of units | | Weighted Average Grant Date Fair Value | | Outstanding at January 1, | | 2,870,085 | | $ | 19.62 | | | 1,888,821 | | | $ | 14.55 | | | Granted during the year | | — | | | — | | | — | | | — | | | Vested during the year | | (72,758) | | | 16.57 | | | (7,333) | | | 14.55 | | | Forfeited during the year | | (36,807) | | | 19.93 | | | (30,573) | | | 14.61 | | | Outstanding at March 31, | | 2,760,520 | | $ | 19.69 | | | 1,850,915 | | | $ | 14.55 | |
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| Schedule of activity of share options |
The following table summarizes the activity of share options under the 2019 and 2023 ESOP during the three months ended March 31, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the three months ended March 31, | | | 2026 | | 2025 | | 2019 & 2023 ESOP | | Number of options | | Weighted average exercise price | | Number of options | | Weighted average exercise price | | Outstanding at January 1, | | 8,874,994 | | | $ | 9.98 | | | 12,707,244 | | | $ | 10.02 | | | Granted during the year | | — | | | — | | | — | | | — | | | Forfeited during the year | | — | | | — | | | (1,027,769) | | | 10.55 | | | Exercised during the year | | (369,402) | | | 10.50 | | | (153,473) | | | 10.31 | | | Outstanding at March 31, | | 8,505,592 | | | 9.95 | | | 11,526,002 | | | 9.98 | | | Exercisable at March 31, | | 7,943,157 | | | $ | 9.85 | | | 6,264,431 | | | $ | 9.93 | |
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