Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-05

Lucid Group (LCID)

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.

$12,053,092
Taoufiq Boussaid total, FY2025
Chief Financial Officerhighest-paid officer; CEO Marc Winterhoff: $9,708,987
CEO (Marc Winterhoff) pay percentile vs peers
CEO-to-median pay ratio
97.93%
Say-on-pay support, latest vote
Companies that benchmark against LCID
4 companies name LCID as a compensation peer

Each company listed discloses LCID 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 LCID 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
Taoufiq Boussaid$508,654$2,000,000$7,917,174$0$518,000$0$1,109,264$12,053,092
Chief Financial Officer
Marc Winterhoff842,00007,720,6930675,0000471,2949,708,987
Interim Chief Executive Officer
Gagan Dhingra535,288283,3343,678,3750286,000025,7684,808,765
Senior Vice President, Finance and Accounting
Eric Bach577,93003,243,0000003,0163,823,946
Former Senior Vice President, Product and Chief Engineer
Peter Rawlinson1,383,29302,058,67600031,1003,473,069
Former Chief Executive Officer and Chief Technology 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
Taoufiq Boussaid$12,053,092
Marc Winterhoff9,708,9876,645,7928,491,692+3,063,195
Gagan Dhingra4,808,7654,612,9113,550,576+195,854
Eric Bach3,823,94611,192,47810,439,943−7,368,532
Peter Rawlinson3,473,0691,490,4906,837,215+1,982,579

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.

06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-04255,952,6125,411,173251,87697.93%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
20262026-06-0497.93%a

a. Approved under the standard stated in the filing — “WHAT IS THE EFFECT OF ABSTENTIONS, VOTES TO WITHHOLD AND BROKER NON-VOTES? Abstentions : Under Delaware law (under which we are incorporated), abstentions are counted as shares present and entitled to vote at the Annual Meeting, but they are not counted as shares cast.”.

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.

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
1Lucid Group2025Marc Winterhoff$842,000$7,720,693$0$675,000$9,708,987

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, Taoufiq BoussaidDEF 14A2026-04-230001628280-26-026842Section “2025 Summary Compensation Table” · page 63. As printed: 12,053,092. Filing ↗machine: r12 · c11 · span 1731740–1731750
2Section 01, Marc WinterhoffDEF 14A2026-04-230001628280-26-026842Section “2025 Summary Compensation Table” · page 63. As printed: 9,708,987. Filing ↗machine: span 1717048–1717057
3Section 01, Gagan DhingraDEF 14A2026-04-230001628280-26-026842Section “2025 Summary Compensation Table” · page 63. As printed: 4,808,765. Filing ↗machine: span 1748049–1748058
4Section 01, Eric BachDEF 14A2026-04-230001628280-26-026842Section “2025 Summary Compensation Table” · page 63. As printed: 3,823,946. Filing ↗machine: r26 · c11 · span 1763581–1763590
5Section 01, Peter RawlinsonDEF 14A2026-04-230001628280-26-026842Section “2025 Summary Compensation Table” · page 63. As printed: 3,473,069. Filing ↗machine: span 1779782–1779791
6Section 06, 2026 voteForm 8-K2026-06-050001628280-26-041205Item 5.07 · say-on-pay result. As reported: 97.93% (votes for as printed: 255,952,612). Filing ↗
7Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
8Lucid Group (subject), Section 10b CEO totalDEF 14A2026-04-230001628280-26-026842CEO total compensation as printed in Lucid Group's own proxy. As printed: 9,708,987. Filing ↗machine: span 1717048–1717057