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    Home»Global News

    Data on the monetary phrases of the departure of Paulo Castellari – Worldwide Dispatch

    Admin - Shubham SagarBy Admin - Shubham SagarFebruary 6, 2026Updated:February 6, 2026 Global News No Comments3 Mins Read
    Data on the monetary phrases of the departure of Paulo Castellari – Worldwide Dispatch
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    Paris, February 6th, 2026

    INFORMATION ON THE FINANCIAL TERMS OF THE DEPARTURE

    OF PAULO CASTELLARI, CHIEF EXECUTIVE OFFICER

    (In accordance with the suggestions of the Afep-Medef company governance code)

    Throughout its assembly held on 1 February 2026, the Board of Administrators determined the departure of Mr. Paulo Castellari from his duties as Chief Govt Officer, with impact as of the identical date, and, upon the advice of its Compensation and Governance Committee, set the monetary phrases of his departure in accordance with the compensation coverage accepted by the Common Shareholders’ Assembly of 26 Might 2025. These phrases are detailed beneath.

    Mounted remuneration paid in respect of fiscal yr 2026

    The fastened remuneration to be paid to Mr. Paulo Castellari for fiscal yr 2026 will quantity to 66,666.6 euros, equivalent to the prorated portion of his annual gross wage for the interval from 1 January 2026 to 1 February 2026.

    Quick-term variable remuneration awarded in respect of fiscal yr 2025

    The short-term variable part of Mr. Paulo Castellari’s remuneration for fiscal yr 2025 can be decided by the Board of Administrators after the approval of the 2025 annual monetary statements and the Board’s evaluation of the extent of feat of the associated efficiency situations. In accordance with the compensation coverage accepted by the Common Shareholders’ Assembly of 26 Might 2025, this quantity can be prorated for the interval from 26 Might 2025 to 31 December 2025.

    Its fee is topic to approval by the Common Shareholders’ Assembly of 27 Might 2026.

    Variable remuneration in respect of fiscal yr 2026

    Topic to the approval of the Common Shareholders’ Assembly of 27 Might 2026, no variable remuneration can be paid in respect of fiscal yr 2026.

    Ongoing share-based remuneration plans

    Beneath a plan carried out in 2025, the Board of Administrators granted Mr. Paulo Castellari efficiency shares, the vesting of which was topic to efficiency situations assessed over three years and to a steady presence situation over the identical interval. Because the presence situation is not met, the rights thus granted have lapsed.

    Mr. Paulo Castellari didn’t obtain every other grants of efficiency shares or inventory choices.

    Severance indemnity

    In accordance with the relevant compensation coverage, no severance indemnity can be paid to Mr. Paulo Castellari.

    Non-compete endeavor

    Upon the advice of its Compensation and Governance Committee, the Board of Administrators determined to not implement the non-compete endeavor to which Mr. Paulo Castellari had agreed for the good thing about the Firm.

    Consequently, no non-compete indemnity can be paid to him.

    Supplemental retirement

    Mr. Paulo Castellari will retain the rights accrued as of the date he ceased his duties beneath the supplemental retirement plan funded by Eramet.

    • 2025-06-02-Eramet-PR-Monetary phrases of Paulo Castellari departure – EN

    Eramet SA | Imperial Wire

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