Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-18

Celsius Holdings (CELH)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$9,607,616
John Fieldly total, FY2025
25th
CEO pay percentile vs peers
117:1
CEO-to-median pay ratio
97.07%
Say-on-pay support, latest vote
Companies that benchmark against CELH
5 companies name CELH as a compensation peer

Each company listed discloses CELH in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CELH in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
John Fieldly$1,016,500$0$6,648,396$0$1,899,240$0$43,479$9,607,616
Chairman and Chief Executive Officer
Eric Hanson740,83304,037,5560669,900047,5325,495,821
President and Chief Operating Officer
Jarrod Langhans617,50002,723,2720557,550033,4543,931,776
Chief Financial Officer
Tony Guilfoyle550,00002,218,0090420,469011,9733,200,450
Chief Customer Officer
Richard Mattessich458,75002,218,0090357,000030,1953,063,954
Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
John Fieldly$9,607,616
Eric Hanson5,495,821
Jarrod Langhans3,931,776
Tony Guilfoyle3,200,450
Richard Mattessich3,063,954

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
John FieldlyPSU2025-03-0118,24636,49272,984$1,335,972
John FieldlyRSU2025-03-0172,9851,874,985
John FieldlyRSU2025-11-1255,6662,499,960
John FieldlyPSU2025-03-0118,24636,49272,984937,479
Tony GuilfoyleRSU2025-03-0118,392472,490
Tony GuilfoylePSU2025-03-011,9713,9417,882144,280
Tony GuilfoyleRSU2025-11-1233,4001,499,994
Tony GuilfoylePSU2025-03-011,9713,9417,882101,244
Eric HansonRSU2025-05-3046,8571,774,943
Eric HansonPSU2025-05-303,7957,58915,178287,471
Eric HansonPSU2025-05-303,7957,58915,178475,147
Eric HansonRSU2025-11-1233,4001,499,994
Jarrod LanghansRSU2025-11-1233,4001,499,994
Jarrod LanghansRSU2025-03-0131,335804,996
Jarrod LanghansPSU2025-03-013,3576,71413,428245,800
Jarrod LanghansPSU2025-03-013,3576,71413,428172,483
Richard MattessichPSU2025-03-011,9713,9417,882144,280
Richard MattessichRSU2025-11-1233,4001,499,994
Richard MattessichRSU2025-03-0118,392472,490
Richard MattessichPSU2025-03-011,9713,9417,882101,244
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
John Fieldly$4,374,945$2,273,451$034.2%
Tony Guilfoyle1,972,484245,524011.1%
Eric Hanson3,274,937762,618018.9%
Jarrod Langhans2,304,990418,283015.4%
Richard Mattessich1,972,484245,524011.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

05

Incentive-plan design — the Compensation Discussion & Analysis

The objective of the Company's compensation program for named executive officers is to align executive compensation with the Company's achievement of its strategic objectives, its financial performance and the creation of long-term value for our stockholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFarient Advisors LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-28152,191,0854,591,285321,34897.07%Passed
20222022-06-0235,064,94023,473,83498,69159.8%Passed
20192019-05-1636,800,807744,99997,90597.76%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2897.07%a
20222022-06-0259.8%b
20192019-05-1697.76%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Abstentions will be counted towards the tabulation of votes cast on this proposal and will have the same effect as a negative vote.”.

c. Approved under the standard stated in the filing — “Abstentions will be counted towards the tabulation of votes cast on this proposal and will have the same effect as a negative vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)117 : 1
CEO total compensation
Median employee compensation$82,114
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$125,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 12,500 / 10,000
Stock ownership guideline$300,000
10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

BRBR BellRing BrandsBF.B Brown-FormanSFM MarketPRMB Primo BrandsCALM Cal-Maine FoodsSMPL Simply Good Foods MarzettiUTZ Utz BrandsJJSF J&J Snack Foods
10a

Peer reciprocity

Of the companies Celsius Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

BellRing Brands (BRBR) Brown-Forman (BF.B)36 Market (SFM)37 Primo Brands (PRMB)38 Cal-Maine Foods (CALM) Simply Good Foods (SMPL) Utz Brands (UTZ) J&J Snack Foods (JJSF)

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Celsius Holdings.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Brown-Forman2026Lawson Whiting$1,314,365$10,772,703$2,366,434$2,493,150$25,304,882
2Primo Brands2025Eric Foss161,53814,418,9440014,908,091
3Market2025Jack Sinclair1,289,0004,888,1211,700,0853,615,64511,517,223
4Celsius Holdings2025John Fieldly1,016,5006,648,39601,899,2409,607,616
5BellRing Brands2025Darcy Horn Davenport950,0254,400,00001,055,7156,563,539
Cal-Maine Foodsnot in coverage universe
Simply Good Foodsnot in coverage universe
Utz Brandsnot in coverage universe
J&J Snack Foodsnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Celsius Holdingsnot disclosednot disclosednot disclosedFarient Advisors LLC
BellRing Brandsnot disclosednot disclosednot disclosednot disclosed
Brown-Formannot disclosedPSU 67 · Options 33Yes — Three-year TSRCompensation Advisory Partners
Cal-Maine Foodsnot disclosednot disclosednot disclosednot disclosed
J&J Snack Foodsnot disclosednot disclosednot disclosednot disclosed
Market187%PSU 50 · RSU 25 · Options 25NoMeridian
Primo Brandsnot disclosednot disclosednot disclosednot disclosed
Simply Good Foodsnot disclosednot disclosednot disclosednot disclosed
Utz Brandsnot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, John FieldlyDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation”. As printed: 9,607,616. Filing ↗machine: r4 · c39 · span 882165–882175
2Section 01, Eric HansonDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation”. As printed: 5,495,821. Filing ↗machine: r7 · c39 · span 901185–901195
3Section 01, Jarrod LanghansDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation”. As printed: 3,931,776. Filing ↗machine: r9 · c39 · span 911593–911603
4Section 01, Tony GuilfoyleDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation”. As printed: 3,200,450. Filing ↗machine: r12 · c39 · span 931971–931981
5Section 01, Richard MattessichDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation”. As printed: 3,063,954. Filing ↗machine: r15 · c39 · span 952429–952439
6Section 03, John Fieldly PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 992344–992354
7Section 03, John Fieldly RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 994834–994844
8Section 03, John Fieldly RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 986585–986595
9Section 03, John Fieldly PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 989467–989475
10Section 03, Tony Guilfoyle RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1035141–1035149
11Section 03, Tony Guilfoyle PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1032653–1032661
12Section 03, Tony Guilfoyle RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
13Section 03, Tony Guilfoyle PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1029779–1029787
14Section 03, Eric Hanson RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1008322–1008332
15Section 03, Eric Hanson PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1002881–1002889
16Section 03, Eric Hanson PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1005757–1005765
17Section 03, Eric Hanson RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
18Section 03, Jarrod Langhans RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
19Section 03, Jarrod Langhans RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1021733–1021741
20Section 03, Jarrod Langhans PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1019245–1019253
21Section 03, Jarrod Langhans PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1016370–1016378
22Section 03, Richard Mattessich PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1046062–1046070
23Section 03, Richard Mattessich RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
24Section 03, Richard Mattessich RSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1048509–1048517
25Section 03, Richard Mattessich PSUDEF 14A2026-04-140001193125-26-154918Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1043188–1043196
26Section 07, pay ratioDEF 14A2026-04-140001193125-26-154918Section “CEO Pay Ratio”. As printed: 117 : 1. Filing ↗machine: span 1390005–1390008
27Section 06, 2026 voteForm 8-K2026-05-280001193125-26-245271Item 5.07 · say-on-pay result. As reported: 97.07% (votes for as printed: 152,191,085). Filing ↗
28Section 06, 2022 voteForm 8-K2022-06-030000950170-22-011160Item 5.07 · say-on-pay result. As reported: 59.8%. Filing ↗
29Section 06, 2019 voteForm 8-K2019-05-200001615774-19-008165Item 5.07 · say-on-pay result. As reported: 97.76%. Filing ↗
30Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
31Brown-Forman, Section 10b CEO totalDEF 14A2026-06-180001193125-26-275853CEO total compensation as printed in Brown-Forman's own proxy. As printed: 25,304,882. Filing ↗machine: t132 · r4 · c35 · span 757502–757512
32Primo Brands, Section 10b CEO totalDEF 14A2026-03-180001140361-26-009985CEO total compensation as printed in Primo Brands's own proxy. As printed: 14,908,091. Filing ↗machine: r2 · c24 · span 735084–735094
33Market, Section 10b CEO totalDEF 14A2026-04-070001575515-26-000013CEO total compensation as printed in Market's own proxy. As printed: 11,517,223. Filing ↗machine: span 647395–647405
34Celsius Holdings (subject), Section 10b CEO totalDEF 14A2026-04-140001193125-26-154918CEO total compensation as printed in Celsius Holdings's own proxy. As printed: 9,607,616. Filing ↗machine: r4 · c39 · span 882165–882175
35BellRing Brands, Section 10b CEO totalDEF 14A2025-12-160001193125-25-320827CEO total compensation as printed in BellRing Brands's own proxy. As printed: 6,563,539. Filing ↗machine: r3 · c35 · span 516110–516119
36Section 10a, Brown-Forman reciprocityDEF 14A0001193125-26-275853Brown-Forman's most recent proxy was read; its disclosed peer group does not include Celsius Holdings. Filing ↗
37Section 10a, Market reciprocityDEF 14A0001575515-26-000013Market's most recent proxy was read; its disclosed peer group does not include Celsius Holdings. Filing ↗
38Section 10a, Primo Brands reciprocityDEF 14A0001140361-26-009985Primo Brands's most recent proxy was read; its disclosed peer group does not include Celsius Holdings. Filing ↗