The company said Clint C. Freeland informed it on November 8, 2024 of his intention to retire in 2025. He will resign as Executive Vice President and Chief Financial Officer effective December 31, 2024 and will serve as Senior Advisor until his retirement on July 1, 2025.

1. 01

   The company said Clint C. Freeland informed it on November 8, 2024 of his intention to retire in 2025. He will resign as Executive Vice President and Chief Financial Officer effective December 31, 2024 and will serve as Senior Advisor until his retirement on July 1, 2025.

2. 02

   In a November 12, 2024 announcement, the company said its Board of Directors appointed Luciano Siani Pires as Executive Vice President and Chief Financial Officer - Designate effective November 18, 2024, and that he will take on the Chief Financial Officer role starting January 1, 2025.

3. 03

   The company said it approved a base salary of $650,000 for Siani Pires upon his start date, a target bonus of 75% of base salary for 2024, and a long-term incentive award valued at $1,000,000 on the grant date. It also said his base salary and target bonus will be adjusted to $800,000 and 90%, respectively, effective January 1, 2025.

4. 04

   The company said Siani Pires, who is 54 years old, served as Chief Financial Officer of Vale, S.A. from 2012 to 2021, and as a non-executive director of the Mosaic Board from 2018 to 2022.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.