Ann: LiveTiles FY21 Results Announcement, page-56

I think you are right there Max.
@ Chips, here some more details. If we take 2018 or 2019 as the base year, Karl and the c-suite seem to be still expensive but at least on the right track (cost savings, i.e. if performance targets are easy to achieve)

		Karl	YoY change	Perf. related
1	2018	1,294,034		55%
2	2019	1,668,797	29%	58%
3	2020	1,169,011	-30%	27%
4	2021	1,000,785	-14%	0%

		Total c-suite	YoY change	Perf. related
1	2018	2,703,594		48%
2	2019	3,392,056	25%	53%
3	2020	2,423,328	-29%	27%
4	2021	2,446,027	1%	10%