| 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 June 30, | | For the six months ended June 30, | | In millions | | 2026 | | 2025 | | 2026 | | 2025 | | Restricted and performance share units | | $ | 18.2 | | | $ | 7.8 | | | $ | 27.5 | | | $ | 11.6 | | | Equity-settled share options | | — | | | 2.6 | | | 2.4 | | | 5.3 | | | Cash-settled awards | | — | | | 0.0 | | | 1.0 | | | 0.0 | | | Total | | $ | 18.2 | | | $ | 10.4 | | | $ | 30.9 | | | $ | 16.9 | |
The following table summarizes the activity in RSUs for employees and non-employee directors during the six months ended June 30, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the six months ended June 30, | | | 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 | | 971,389 | | | 34.22 | | | 665,717 | | 26.95 | | | Vested during the year | | (523,572) | | | 19.40 | | | (374,568) | | | 13.39 | | | Forfeited during the year | | (20,211) | | | 20.70 | | | (34,706) | | | 15.53 | | | Outstanding at June 30, | | 1,699,195 | | | $ | 29.25 | | | 1,275,417 | | $ | 20.47 | |
The following table summarizes the activity in PSUs for employees during the six months ended June 30, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the six months ended June 30, | | | 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 | | 1,304,404 | | | 33.97 | | | 1,163,249 | | | 26.88 | | | Vested during the year | | (89,564) | | | 33.97 | | | (7,465) | | | 14.55 | | | Forfeited during the year | | (45,089) | | | 20.05 | | | (77,489) | | | 17.07 | | | Outstanding at June 30, | | 4,039,836 | | | $ | 23.93 | | | 2,967,116 | | | $ | 21.38 | |
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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 six months ended June 30, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the six months ended June 30, | | | 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 | | | 12,707,243 | | | $ | 10.02 | | | Granted during the year | | — | | | — | | | — | | | — | | | Forfeited during the year | | — | | | — | | | (152,036) | | | 10.06 | | | Exercised during the year | | (1,536,116) | | | 9.57 | | | (1,998,817) | | | 10.57 | | | Outstanding at June 30, | | 7,338,878 | | | 10.06 | | | 10,556,390 | | | 9.91 | | | Exercisable at June 30, | | 6,980,812 | | | $ | 10.02 | | | 5,728,844 | | | $ | 9.88 | |
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