36 NewRe Annual Report 2021 11 Depreciation of real estate and tangible assets in TEUR in TCHF 2021 2020 2021 2020 Investments Real estate 70 70 76 76 Tangible assets 396 398 428 430 Total 466 468 504 506 The above item Tangible assets includes depreciation on own use real estate 12 Auditor s fees The fees for Ernst Young s EY audit of the 2021 Financial statements including regulatory audit amount to TEUR 202 TCHF 219 compared to TEUR 245 TCHF 266 in 2020 These amounts do not include VAT travel costs and expenses In 2021 no fees for other EY services were incurred 2020 TEUR 47 TCHF 51 13 Personnel information Full time equivalents During the year NewRe employed an average of 111 FTEs Personnel expenses In financial year 2021 personnel expenses amounted to TEUR 23 497 TCHF 25 403 and TEUR 23 957 TCHF 25 910 in 2020 and are reported under Administration costs 14 Share capital The share capital consists of 1 3 million shares each with a nominal value of CHF 200 15 Events after the balance sheet date None Notes to the financial statements NewRe Annual Report 2021 Inhalt indd 36 25 04 22 10 19

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