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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2021
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

23.    RELATED PARTY TRANSACTIONS

The Company’s key management personnel include members of the board of directors, executive officers, and former executive officers. The Company provides salaries or cash compensation, and other non-cash benefits to directors and executive officers.

For the years ended December 31, 

    

2021

    

2020

    

2019

Short-term employee benefits

 

  

 

  

Employee salaries and bonuses

$

2,729,475

$

2,348,709

$

2,235,926

Directors fees

 

270,000

 

265,833

245,000

Social security and medical care costs

 

95,456

 

80,949

77,284

 

3,094,931

 

2,695,491

2,558,210

Post-employment benefits

 

 

Contributions to defined contribution pension plan

 

34,209

 

36,114

32,435

Share-based payments

 

3,332,809

 

1,726,690

1,555,857

Total key management remuneration

$

6,461,949

$

4,458,295

$

4,146,502