Note Y – Related party transactions
Y.1 Associates (in EUR ’000)
The amounts included in the consolidated financial statements concerning associates are disclosed as follows:
31.12.2024 31.12.2023
Shares and other variable-yield securities 901,147 819,306
Result on financial operations 24,498 -61,750
Undisbursed private equity / venture capital operations 694,924 832,648
Y.2 Key Management Personnel (in EUR ’000)
The Group has identified members of the Board of Directors, the Audit Committee, the Management Committee and the Directors General heading
the different EIB organisational directorates, as well as the head of Internal Audit independent department, as key management personnel.
Key management personnel compensation for the relevant reporting periods, included within General administrative expenses (Note P), is disclosed
in the following table:
2024 2023
Short-term benefits(1) 12,104 11,203
Post-employment benefits(2) 1,028 912
Termination benefits 398 556
Total 13,530 12,671
(1) Short-term employee benefits comprise salaries and allowances, bonuses and social security contributions of the Management Committee,
the GRCO, Directors General and other Directors, and benefits paid to the members of the Board of Directors and the Audit Committee.
(2) Post-employment benefits comprise pensions and expenses for post-employment health insurance paid to members of the Management
Committee, the GRCO, the Directors General and other Directors.
There were neither advances or credit granted to key management personnel, nor commitments entered into on their behalf by way of guarantee
of any kind.
Open balances with key management personnel as at 31 December 2024 comprise the compulsory and optional supplementary pension plan and
health insurance scheme liabilities, and payments outstanding as at the year-end:
31.12.2024 31.12.2023
Pension plans and health insurance (Note J) 77,711 86,774
Other liabilities (Note G) 18,609 17,628
Note Z – Post balance sheet events
There have been no material events after the balance sheet date that would require adjustment of, or disclosure in, the consolidated financial

The list below contains the projects submitted to the EIB for financing purposes. Only projects covered by the EIB's transparency policy are included (see explanatory notes).

The list will be updated as the identification and appraisal work for each project progresses.

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