Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-22

Eve Holding (EVEX)

CEO Johann Bordais was paid $1,077,686 in fiscal year 2025, ↑ up 24.8% from fiscal year 2024 (SEC filing 0001554855-26-000569 ↗): 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.

$1,205,050
Eduardo Couto total, FY2025
Chief Financial Officer — highest-paid officer; CEO Johann Bordais: $1,077,686
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CEO (Johann Bordais) pay percentile vs peers
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CEO-to-median pay ratio
99.63%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Johann Bordais (Chief Executive Officer), FY2025 total compensation $1,077,686 (base salary $418,196) [exec_comp, SEC accession 0001554855-26-000569, filed 2026-04-09]

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EVEX's next annual pay disclosure, estimated April 9, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Eduardo Couto$419,501$0$399,089$0$365,760$0$20,700$1,205,050
Chief Financial Officer
Johann Bordais418,1960289,1960345,646024,6491,077,686
Chief Executive Officer
Simone Oliveira160,798067,4810104,855042,413375,547
General Counsel and Chief Compliance 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 FY2024→2025
Eduardo Couto$1,205,050$966,625$4,632,655↑ +238,425
Johann Bordais1,077,686863,3753,099,737↑ +214,311
Simone Oliveira375,547———

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

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Companies that benchmark against EVEX
1 company names EVEX as a compensation peer

    Each company listed discloses EVEX 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 EVEX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

    01c

    Board of directors

    One page per director: the seat, the committees and the fee table, read for one person at a time.

    DirectorRoleFY2025 total
    Gerard J. DeMuroIndependent Director$226,289
    Luis Carlos AffonsoChair of the Board—
    María CordónFormer director (through FY2025)$22,000
    Marion Clifton BlakeyIndependent Director$246,289
    Michael AmalfitanoDirector—
    Paul EremenkoIndependent Director$246,289
    Sergio PedreiroIndependent Director$251,289
    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
    Johann BordaisRSU———74,535—$289,196
    Simone OliveiraRSU———17,392—67,481
    Eduardo CoutoRSU———102,858—399,089
    03b

    Vehicle mix — grant-date fair value by award type

    Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
    Johann Bordais$289,196$0$00.0%
    Simone Oliveira67,481000.0%
    Eduardo Couto399,089000.0%

    % 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
    Johann BordaisPSU56,498—$225,427
    Eduardo CoutoPSU67,797—270,510
    Johann BordaisRSU326,435—1,302,476
    Johann BordaisPSU102,858—410,403
    Johann BordaisPSU74,535—297,395
    Eduardo CoutoPSU36,000—143,640
    Simone OliveiraPSU17,392—69,394
    Johann BordaisPSU17,181—68,552
    05

    Incentive-plan design — the Compensation Discussion & Analysis

    The Company's executive compensation program is designed to attract and retain executive leadership necessary to achieve strategic objectives, including eVTOL certification and commercial launch, while emphasizing long-term performance and alignment with stockholder interests. Given the pre-revenue phase, the program prioritizes cash preservation by delivering a significant portion of compensation in equity-based incentives tied to critical certification and commercialization milestones.

    CEO STI target (% of salary)—
    CEO LTI target (% of salary)—
    Independent consultantKorn Ferry and Willis Towers Watson
    Clawback policytrue
    Anti-hedgingtrue
    Anti-pledgingtrue
    06

    Say-on-pay — recent advisory votes

    Meeting yearMeeting dateForAgainstAbstainSupportOutcome
    20262026-05-21283,186,5321,047,18569,96099.63%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
    20262026-05-2199.63%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.

    08

    Director compensation — fiscal year 2025

    DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
    Sergio PedreiroIndependent · Audit (Chair)$85,000$166,289——$0$251,289
    Marion Clifton BlakeyIndependent · Audit · Compensation (Chair) · Special80,000166,289——0246,289
    Paul EremenkoIndependent · Compensation · Special80,000166,289——0246,289
    Gerard J. DeMuroIndependent · Compensation60,000166,289——0226,289
    María CordónNot independent · Departed during FY22,0000——022,000
    Luis Carlos AffonsoNot independent · Board Chair00——00
    Michael AmalfitanoNot independent00——00
    Uallace Moreira LimaIndependent · Audit · Newly elected——————
    09

    Board fee structure and ownership guideline

    Annual cash retainer$60,000
    Annual equity retainer$150,000
    Per board meeting fee—
    Committee chair fees (audit / comp / nom-gov)25,000 / 20,000
    Stock ownership guideline—
    09b

    Total cost of the board

    ComponentFY2025
    Cash retainers and fees$327,000
    Equity awards (grant-date value)$665,156
    All other compensation$0
    Total cost of the board$992,156

    Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

    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.

    NYSE Arca Airline Index
    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
    1Eve Holding2025Johann Bordais$418,196$289,196$0$345,646$1,077,686

    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.

    10d

    Frequently asked questions

    Who was the highest-paid executive at Eve Holding in fiscal 2025?
    As disclosed, Eduardo Couto (Chief Financial Officer) was the highest-paid executive at Eve Holding in fiscal 2025, with total compensation of $1,205,050.
    How did shareholders vote on Eve Holding's executive compensation?
    As disclosed, 99.63% of shareholders supported Eve Holding's executive compensation in the latest say-on-pay vote.
    How much does Eve Holding spend in total on board compensation for fiscal 2025?
    As disclosed, Eve Holding reported total board compensation of $992,156 for fiscal 2025.

    Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

    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, Eduardo CoutoDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation”. As printed: 1,205,050. Filing ↗machine: r5 · c17 · span 405121–405130
    2Section 01, Johann BordaisDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation”. As printed: 1,077,686. Filing ↗machine: r1 · c17 · span 387200–387209
    3Section 01, Simone OliveiraDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation”. As printed: 375,547. Filing ↗machine: r9 · c17 · span 423151–423158
    4Section 03, Johann Bordais RSUDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 444590–444597
    5Section 03, Simone Oliveira RSUDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 451181–451187
    6Section 03, Eduardo Couto RSUDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 447706–447713
    7Section 08, Sergio PedreiroDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 251,289. Filing ↗machine: span 191598–191701
    8Section 08, Marion Clifton BlakeyDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 246,289. Filing ↗machine: span 185940–186043
    9Section 08, Paul EremenkoDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 246,289. Filing ↗machine: span 189733–189836
    10Section 08, Gerard J. DeMuroDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 226,289. Filing ↗machine: span 193465–193568
    11Section 08, María CordónDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 22,000. Filing ↗machine: span 186647–186749
    12Section 08, Luis Carlos AffonsoDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 0. Filing ↗
    13Section 08, Michael AmalfitanoDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 0. Filing ↗
    14Section 08, Uallace Moreira LimaDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: —. Filing ↗
    15Section 06, 2026 voteForm 8-K2026-05-220001554855-26-001114Item 5.07 · say-on-pay result. As reported: 99.63% (votes for as printed: 283,186,532). Filing ↗
    16Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
    17Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
    18Section 09b board cost (computed)Computed——Cash 327,000 + equity 665,156 + all other 0 = 992,156, summed across the director compensation table rows.machine: formula: Σ = 992,156
    19Eve Holding (subject), Section 10b CEO totalDEF 14A2026-04-090001554855-26-000569CEO total compensation as printed in Eve Holding's own proxy. As printed: 1,077,686. Filing ↗machine: r1 · c17 · span 387200–387209