Transactions and Balances with Related Parties

12 Months Ended

Dec. 31, 2021

Disclosure of transactions between related parties [text block] [Abstract]

Transactions and Balances with Related Parties

Note 12 - Transactions and Balances with Related Parties

In addition to their salaries or fees, the Group also provides share option programs to directors and officers and contributes to a post-employment defined contribution plan on behalf of employees, see Note 9 for the balances and Note 11 regarding share based payments.

Certain officers are entitled to termination benefits of up to 6 monthly salaries or fees, See Note 18. Officers also participate in the Group’s share option programs. For further information, see Note 11 regarding share-based payments.

Expenses of key management personnel:

The Company recorded expenses to executive officers:

	For the year ended December 31
	2021		2020		2019
	USD thousands
Short - term employee benefits		2,402		1,982		1,776
Post-employment benefits		27		19		22
Share based payments		1,446		1,667		719
		3,875		3,668		2,517

The Company recorded expenses to directors:

	For the year ended December 31
	2021		2020		2019
	USD thousands
Short - term benefits		323		306		339
Share based payments		478		742		269
		801		1,048		608