Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-21

Constellium Se (CSTM)

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.

$30,171,859
Jean-Marc Germain total, FY2025
Former Chief Executive Officerhighest-paid officer; CEO Ingrid Joerg: $4,318,593
1st
CEO (Ingrid Joerg) pay percentile vs peers
CEO-to-median pay ratio
93.24%
Say-on-pay support, latest vote
Companies that benchmark against CSTM
No companies currently name CSTM as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jean-Marc Germain$1,115,000$0$26,354,236$0$2,341,500$0$361,123$30,171,859
Former Chief Executive Officer
Ingrid Joerg1,049,40801,612,08301,416,701108,403131,9974,318,593
Chief Executive Officer
Jack Guo540,00002,095,6860729,0000141,1113,505,797
Executive Vice President, Chief Financial Officer
Philippe Hoffmann696,59501,289,6540888,159140,55279,6713,094,631
President, A&T
Ryan Jurkovic544,00001,088,1480530,4000157,4052,319,954
Chief Human Resources 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
Jean-Marc Germain$30,171,859
Ingrid Joerg4,318,593
Jack Guo3,505,797
Philippe Hoffmann3,094,631
Ryan Jurkovic2,319,954

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
Jean-Marc GermainRSU2025-03-13171,678$2,042,968
Jean-Marc GermainRSU2025-10-27300,8004,731,584
Jean-Marc GermainPSU2025-03-1384,136336,543673,0866,017,389
Jean-Marc GermainPSU2025-10-27147,416589,6651,179,33013,562,295
Jack GuoRSU2025-03-1344,636531,168
Jack GuoPSU2025-03-1321,87587,501175,0021,564,518
Philippe HoffmannRSU2025-03-1327,468326,869
Philippe HoffmannPSU2025-03-1313,46253,847107,694962,784
Ingrid JoergPSU2025-03-1316,82767,309134,6181,203,485
Ingrid JoergRSU2025-03-1334,336408,598
Ryan JurkovicPSU2025-03-1311,35845,43390,866812,342
Ryan JurkovicRSU2025-03-1323,177275,806
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jean-Marc Germain$6,774,552$19,579,684$074.3%
Jack Guo531,1681,564,518074.7%
Philippe Hoffmann326,869962,784074.7%
Ingrid Joerg408,5981,203,485074.7%
Ryan Jurkovic275,806812,342074.7%

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

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jean-Marc GermainRSU208,653$3,933,109
Jean-Marc GermainRSU205,6653,876,785
Jean-Marc GermainRSU175,3473,305,291
Jean-Marc GermainRSU106,4382,006,356
Jean-Marc GermainPSU104,9141,977,629
Jean-Marc GermainRSU89,4481,686,095
Philippe HoffmannRSU14,680276,718
Jack GuoRSU87,5011,649,394
Ingrid JoergRSU67,3091,268,775
Ingrid JoergRSU56,3011,061,274
Philippe HoffmannRSU53,8471,015,016
Ryan JurkovicRSU45,433856,412
Jack GuoPSU44,636841,389
Jack GuoRSU37,937715,112
Jack GuoRSU37,132699,938
Ingrid JoergRSU35,566670,419
Philippe HoffmannRSU35,566670,419
Ingrid JoergPSU34,336647,234
Ingrid JoergRSU31,562594,944
Ryan JurkovicRSU29,638558,676
Philippe HoffmannRSU28,777542,446
Philippe HoffmannPSU27,468517,772
Ryan JurkovicRSU24,136454,964
Ryan JurkovicPSU23,177436,886
Jack GuoRSU19,352364,785
Jack GuoRSU18,942357,057
Ingrid JoergRSU18,143341,996
Philippe HoffmannRSU18,143341,996
Ingrid JoergRSU16,101303,504
Ryan JurkovicRSU15,119284,993
Ryan JurkovicRSU12,312232,081
05

Incentive-plan design — the Compensation Discussion & Analysis

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

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2179,852,6015,788,96212,702,29393.24%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
20262026-05-2193.24%a

a. Voting standard not stated in the filing.

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.

09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$110,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 11,000
Stock ownership guideline$400,000
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.

WOR Worthington Enterprises, Inc.CMC Commercial Metals Co. Arconic Corp.CCK Crown Holdings, Inc.RYZ Ryerson Holding Corp.RDUS Schnitzer Steel Industries, Inc.ATI ATI Inc.AA Alcoa CorporationTHO Thor Industries, Inc.STLD Steel Dynamics, Inc.CLF Cleveland-Cliffs Inc.RS Reliance, Inc.
10a

Peer reciprocity

Of the companies Constellium Se 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.

Worthington Enterprises, Inc. (WOR) Commercial Metals Co. (CMC) Crown Holdings, Inc. (CCK) Ryerson Holding Corp. (RYZ)26 Schnitzer Steel Industries, Inc. (RDUS) ATI Inc. (ATI) Alcoa Corporation (AA)27 Thor Industries, Inc. (THO) Steel Dynamics, Inc. (STLD)28 Cleveland-Cliffs Inc. (CLF) Reliance, Inc. (RS)29

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 Constellium Se.

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
1Ryerson Holding Corp.2025Edward Lehner$1,200,000$16,127,600$0$451,500$17,857,908
2Crown Holdings, Inc.2025Timothy Donahue1,450,0008,627,4754,205,00017,501,363
3Alcoa Corporation2025William Oplinger1,298,9259,899,06902,314,68414,002,088
4Reliance, Inc.2025Karla Lewis1,325,0007,653,35002,072,30013,374,389
5Steel Dynamics, Inc.2025Mark Millett1,535,0005,095,40605,372,50012,059,908
6Constellium Se2025Ingrid Joerg1,049,4081,612,08301,416,7014,318,593
Worthington Enterprises, Inc.not in coverage universe
Commercial Metals Co.not in coverage universe
Schnitzer Steel Industries, Inc.not in coverage universe
ATI Inc.not in coverage universe
Thor Industries, Inc.not in coverage universe
Cleveland-Cliffs Inc.not 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
Constellium Senot disclosednot disclosednot disclosednot disclosed
Alcoa Corporation118.8%PSU 60 · RSU 40Yes — Relative TSRPay Governance
ATI Inc.not disclosednot disclosednot disclosednot disclosed
Cleveland-Cliffs Inc.not disclosednot disclosednot disclosednot disclosed
Commercial Metals Co.not disclosednot disclosednot disclosednot disclosed
Crown Holdings, Inc.200%PSU 67 · RSU 33NoNot determinable from source text
Reliance, Inc.156.4%PSU 80 · RSU 20NoPay Governance LLC
Ryerson Holding Corp.30%PSU 67 · RSU 33NoCompensation Advisory Partners (CAP)
Schnitzer Steel Industries, Inc.not disclosednot disclosednot disclosednot disclosed
Steel Dynamics, Inc.350%PSU 53 · RSU 47NoPearl Meyer & Partners, LLC
Thor Industries, Inc.not disclosednot disclosednot disclosednot disclosed
Worthington Enterprises, Inc.not 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, Jean-Marc GermainDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 30,171,859. Filing ↗
2Section 01, Ingrid JoergDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 4,318,593. Filing ↗
3Section 01, Jack GuoDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 3,505,797. Filing ↗
4Section 01, Philippe HoffmannDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 3,094,631. Filing ↗
5Section 01, Ryan JurkovicDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Summary Compensation Table” · page 67. As printed: 2,319,954. Filing ↗
6Section 03, Jean-Marc Germain RSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1773718–1773727
7Section 03, Jean-Marc Germain RSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1780596–1780605
8Section 03, Jean-Marc Germain PSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1777460–1777469
9Section 03, Jean-Marc Germain PSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1784506–1784516
10Section 03, Jack Guo RSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1791708–1791715
11Section 03, Jack Guo PSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1794982–1794991
12Section 03, Philippe Hoffmann RSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1815596–1815603
13Section 03, Philippe Hoffmann PSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1818881–1818888
14Section 03, Ingrid Joerg PSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1807364–1807373
15Section 03, Ingrid Joerg RSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1803625–1803632
16Section 03, Ryan Jurkovic PSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1831306–1831313
17Section 03, Ryan Jurkovic RSUDEF 14A2026-04-100001563411-26-000142Section “Fiscal Year 2025 Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1827567–1827574
18Section 06, 2026 voteForm 8-K2026-05-210001563411-26-000174Item 5.07 · say-on-pay result. As reported: 93.24% (votes for as printed: 79,852,601). Filing ↗
19Section 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
20Ryerson Holding Corp., Section 10b CEO totalDEF 14A2026-03-180001193125-26-114120CEO total compensation as printed in Ryerson Holding Corp.'s own proxy. As printed: 17,857,908. Filing ↗machine: t60 · r6 · c18 · span 2643676–2643686
21Crown Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-230002039852-26-000055CEO total compensation as printed in Crown Holdings, Inc.'s own proxy. As printed: 17,501,363. Filing ↗
22Alcoa Corporation, Section 10b CEO totalDEF 14A2026-03-190001193125-26-115997CEO total compensation as printed in Alcoa Corporation's own proxy. As printed: 14,002,088. Filing ↗machine: t101 · r2 · c26 · span 2023002–2023012
23Reliance, Inc., Section 10b CEO totalDEF 14A2026-04-020001104659-26-039140CEO total compensation as printed in Reliance, Inc.'s own proxy. As printed: 13,374,389. Filing ↗machine: r1 · c42 · span 1142690–1142700
24Steel Dynamics, Inc., Section 10b CEO totalDEF 14A2026-03-270001104659-26-035826CEO total compensation as printed in Steel Dynamics, Inc.'s own proxy. As printed: 12,059,908. Filing ↗machine: t202 · r5 · c17 · span 991109–991119
25Constellium Se (subject), Section 10b CEO totalDEF 14A2026-04-100001563411-26-000142CEO total compensation as printed in Constellium Se's own proxy. As printed: 4,318,593. Filing ↗
26Section 10a, Ryerson Holding Corp. reciprocityDEF 14A0001193125-26-114120Ryerson Holding Corp.'s most recent proxy was read; its disclosed peer group does not include Constellium Se. Filing ↗
27Section 10a, Alcoa Corporation reciprocityDEF 14A0001193125-26-115997Alcoa Corporation's most recent proxy was read; its disclosed peer group does not include Constellium Se. Filing ↗
28Section 10a, Steel Dynamics, Inc. reciprocityDEF 14A0001104659-26-035826Steel Dynamics, Inc.'s most recent proxy was read; its disclosed peer group does not include Constellium Se. Filing ↗
29Section 10a, Reliance, Inc. reciprocityDEF 14A0001104659-26-039140Reliance, Inc.'s most recent proxy was read; its disclosed peer group does not include Constellium Se. Filing ↗