Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-28

Kosmos Energy (KOS)

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.

$4,976,958
Andrew Inglis total, FY2025
1st
CEO pay percentile vs peers
17:1
CEO-to-median pay ratio
97.01%
Say-on-pay support, latest vote
Companies that benchmark against KOS
4 companies name KOS as a compensation peer

Each company listed discloses KOS 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 KOS 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
Andrew Inglis$1,196,681$0$3,715,420$0$0$0$64,857$4,976,958
Chairman and Chief Executive Officer
Neal Shah640,24002,038,95000044,2252,723,415
Senior Vice President and Chief Financial Officer
Christopher Ball552,98601,366,5090415,000044,1752,378,670
Former Senior Vice President and Chief Commercial Officer
Josh Marion463,5000724,96000043,9601,232,420
Senior Vice President and General Counsel

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
Andrew Inglis$4,976,958$8,580,195$9,697,269−3,603,237
Neal Shah2,723,4154,995,4555,389,312−2,272,040
Christopher Ball2,378,6703,744,2674,553,999−1,365,597
Josh Marion1,232,4201,514,928−282,508

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
Christopher BallRSU2025-01-3199,525$364,262
Christopher BallPSU2025-01-3150,517202,066404,1321,002,247
Andrew InglisRSU2025-01-31270,600990,396
Andrew InglisPSU2025-01-31137,350549,4001,098,8002,725,024
Josh MarionPSU2025-01-3126,800107,200214,400531,712
Josh MarionRSU2025-01-3152,800193,248
Neal ShahRSU2025-01-31148,500543,510
Neal ShahPSU2025-01-3175,375301,500603,0001,495,440
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Christopher Ball$364,262$1,002,247$073.3%
Andrew Inglis990,3962,725,024073.3%
Josh Marion193,248531,712073.3%
Neal Shah543,5101,495,440073.3%

% 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
Andrew InglisPSU1,572,954$1,431,388
Neal ShahPSU865,269787,395
Andrew InglisRSU528,846481,250
Neal ShahRSU290,559264,409
Josh MarionPSU187,843170,937
Josh MarionRSU96,34987,678
05

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to link pay to performance, encourage prudent decision-making and risk management, and create a balanced focus on short-term and long-term performance and stockholder value creation. It emphasizes at-risk, performance-based pay, with a substantial portion of compensation provided in the form of long-term equity-based awards to align executive interests with stockholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-28328,035,64210,098,9522,872,75197.01%Passed
20252025-06-05356,781,41120,524,3261,006,81394.56%Passed
20242024-06-06387,756,80613,394,9383,158,39296.66%Passed
20232023-06-08311,399,71769,531,0072,135,23081.75%Passed
20222022-06-09340,502,5925,387,8262,443,76498.44%Passed
20212021-06-09292,776,7797,986,843132,60297.3%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
20262026-05-2897.01%a
20252025-06-0594.56%b
20242024-06-0696.66%c

a. Approved under the standard stated in the filing — “Abstentions will have no effect on the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have no effect on the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions shall not be treated as votes cast, although they will be counted for purposes of determining whether a quorum is present.”.

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)17 : 1
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Roy A. FranklinIndependent · Audit Committee · Nominating and Corporate Governance Committee (Chair)$125,000$170,000$295,000
Steven M. SterinIndependent · Audit Committee (Chair) · Compensation Committee125,000170,000295,000
Deanna L. GoodwinIndependent · Health, Safety, Environment and Sustainability Committee (Chair) · Compensation Committee100,000170,000270,000
Adebayo O. OgunlesiIndependent · Lead Independent Director · Compensation Committee (Chair)100,000170,000270,000
Sir John GrantIndependent · Health, Safety, Environment and Sustainability Committee · Nominating and Corporate Governance Committee75,000170,000245,000
J. Mike SticeIndependent · Audit Committee · Nominating and Corporate Governance Committee75,000170,000245,000
Maria Moræus HanssenIndependent · Audit Committee · Health, Safety, Environment and Sustainability Committee75,000170,000245,000
Andrew G. InglisEmployee director · Board Chair0
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$170,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)50,000 / 25,000 / 50,000
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$675,000
Equity awards (grant-date value)$1,190,000
All other compensation$0
Total cost of the board$1,865,000

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.

Aker BP ASAMUR Murphy Oil CorporationTALO Talos Energy Inc.
10a

Peer reciprocity

Of the companies Kosmos Energy 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.

Murphy Oil Corporation (MUR)30 Talos Energy Inc. (TALO)

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 Kosmos Energy.

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
1Murphy Oil Corporation2025Eric Hambly$950,000$4,917,315$0$1,324,063$7,651,445
2Kosmos Energy2025Andrew Inglis1,196,6813,715,420004,976,958
Talos Energy 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
Kosmos Energynot disclosedPSU 67 · RSU 33not disclosedMeridian Compensation Partners, LLC
Murphy Oil Corporationnot disclosednot disclosednot disclosedMeridian Compensation Partners LLC
Talos Energy 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, Andrew InglisDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation”. As printed: 4,976,958. Filing ↗machine: r2 · c22 · span 925119–925128
2Section 01, Neal ShahDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation”. As printed: 2,723,415. Filing ↗machine: r5 · c22 · span 938018–938027
3Section 01, Christopher BallDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation”. As printed: 2,378,670. Filing ↗machine: r8 · c22 · span 950862–950871
4Section 01, Josh MarionDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation”. As printed: 1,232,420. Filing ↗machine: r11 · c22 · span 963690–963699
5Section 03, Christopher Ball RSUDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1044788–1044795
6Section 03, Christopher Ball PSUDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1050006–1050015
7Section 03, Andrew Inglis RSUDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1011569–1011576
8Section 03, Andrew Inglis PSUDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1016697–1016706
9Section 03, Josh Marion PSUDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1066471–1066478
10Section 03, Josh Marion RSUDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1061433–1061440
11Section 03, Neal Shah RSUDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1028112–1028119
12Section 03, Neal Shah PSUDEF 14A2026-04-160001140361-26-014971Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1033366–1033375
13Section 07, pay ratioDEF 14A2026-04-160001140361-26-014971Section “CEO Pay Ratio”. As printed: 17 : 1. Filing ↗
14Section 08, Roy A. FranklinDEF 14A2026-04-160001140361-26-014971Section “Director Compensation”. As printed: 295,000. Filing ↗machine: span 451272–451447
15Section 08, Steven M. SterinDEF 14A2026-04-160001140361-26-014971Section “Director Compensation”. As printed: 295,000. Filing ↗machine: span 459445–459620
16Section 08, Deanna L. GoodwinDEF 14A2026-04-160001140361-26-014971Section “Director Compensation”. As printed: 270,000. Filing ↗machine: span 453996–454171
17Section 08, Adebayo O. OgunlesiDEF 14A2026-04-160001140361-26-014971Section “Director Compensation”. As printed: 270,000. Filing ↗machine: span 456722–456897
18Section 08, Sir John GrantDEF 14A2026-04-160001140361-26-014971Section “Director Compensation”. As printed: 245,000. Filing ↗machine: span 467629–467803
19Section 08, J. Mike SticeDEF 14A2026-04-160001140361-26-014971Section “Director Compensation”. As printed: 245,000. Filing ↗machine: span 464981–465156
20Section 08, Maria Moræus HanssenDEF 14A2026-04-160001140361-26-014971Section “Director Compensation”. As printed: 245,000. Filing ↗machine: span 462219–462394
21Section 08, Andrew G. InglisDEF 14A2026-04-160001140361-26-014971Section “Director Compensation”. As printed: 0. Filing ↗
22Section 06, 2026 voteForm 8-K2026-05-280001509991-26-000029Item 5.07 · say-on-pay result. As reported: 97.01% (votes for as printed: 328,035,642). Filing ↗
23Section 06, 2025 voteForm 8-K2025-06-050001509991-25-000035Item 5.07 · say-on-pay result. As reported: 94.56% (votes for as printed: 356,781,411). Filing ↗
24Section 06, 2024 voteForm 8-K2024-06-070001509991-24-000056Item 5.07 · say-on-pay result. As reported: 96.66% (votes for as printed: 387,756,806). Filing ↗
25Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
26Section 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
27Section 09b board cost (computed)ComputedcomputedCash 675,000 + equity 1,190,000 + all other 0 = 1,865,000, summed across the director compensation table rows.machine: formula: Σ = 1,865,000
28Murphy Oil Corporation, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127236CEO total compensation as printed in Murphy Oil Corporation's own proxy. As printed: 7,651,445. Filing ↗machine: r6 · c39 · span 786403–786412
29Kosmos Energy (subject), Section 10b CEO totalDEF 14A2026-04-160001140361-26-014971CEO total compensation as printed in Kosmos Energy's own proxy. As printed: 4,976,958. Filing ↗machine: r2 · c22 · span 925119–925128
30Section 10a, Murphy Oil Corporation reciprocityDEF 14A0001193125-26-127236Murphy Oil Corporation names Kosmos Energy in its own disclosed peer group (read from its most recent proxy). Filing ↗