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  "notes": "Contains two distinct tables: one for relative importance of spend on pay and one for CEO pay ratio over time.",
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      "text": "The decrease in the ratio for FY25 is in line with expectations due to the CEO basic pay being lower than the previous CEO and the FY25 variable pay outcomes being lower than in the prior year.",
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      "text": "JOINING ARRANGEMENTS FOR JAN DE RAEYMAEKER: Jan De Raeymaeker joined as Executive Director and CFO on 20 January 2025.",
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      "text": "CEO PAY RATIO: The table below sets out the CEO pay ratio as of 30 September 2025. The report will build up over time to show a rolling 10-year period.",
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