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

Eve Holding (EVEX)

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.

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

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 FY20242025
Eduardo Couto$1,205,050$1,002,683$4,632,655+202,367
Johann Bordais1,077,686885,0613,099,737+192,625
Simone Oliveira375,547

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
Simone OliveiraRSU17,392$67,481
Eduardo CoutoRSU102,858399,089
Johann BordaisRSU74,535289,196
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Simone Oliveira$67,481$0$00.0%
Eduardo Couto399,089000.0%
Johann Bordais289,196000.0%

% 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 CoutoPSU67,797270,510
Johann BordaisRSU326,4351,302,476
Johann BordaisPSU102,858410,403
Johann BordaisPSU74,535297,395
Eduardo CoutoPSU36,000143,640
Simone OliveiraPSU17,39269,394
Johann BordaisPSU17,18168,552
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
Paul EremenkoIndependent · Compensation · Special80,000166,2890246,289
Marion Clifton BlakeyIndependent · Audit · Compensation (Chair) · Special80,000166,2890246,289
Gerard J. DeMuroIndependent · Compensation60,000166,2890226,289
María CordónNot independent · Departed during FY22,0000022,000
Luis Carlos AffonsoNot independent · Board Chair0000
Michael AmalfitanoNot independent0000
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.

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.

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, Simone Oliveira RSUDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 451181–451187
5Section 03, Eduardo Couto RSUDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 447706–447713
6Section 03, Johann Bordais RSUDEF 14A2026-04-090001554855-26-000569Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 444590–444597
7Section 08, Sergio PedreiroDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 251,289. Filing ↗
8Section 08, Paul EremenkoDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 246,289. Filing ↗
9Section 08, Marion Clifton BlakeyDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 246,289. Filing ↗
10Section 08, Gerard J. DeMuroDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 226,289. Filing ↗
11Section 08, María CordónDEF 14A2026-04-090001554855-26-000569Section “Director Compensation”. As printed: 22,000. Filing ↗
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)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
17Section 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
18Section 09b board cost (computed)ComputedcomputedCash 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