Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-08

Onespaworld Holdings (OSW)

CEO Leonard Fluxman was paid $7,015,885 in fiscal year 2025, ↑ up 15.6% from fiscal year 2024, the 44th percentile of its disclosed peer group (SEC filing 0001193125-26-177137 ↗): 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.

$7,015,885 ↑
Leonard Fluxman total, FY2025
44th
CEO pay percentile vs peers
265:1
CEO-to-median pay ratio
94.98%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Leonard Fluxman (Executive Chairman and Chief Executive Officer), FY2025 total compensation $7,015,885 (base salary $975,062) [exec_comp, SEC accession 0001193125-26-177137, filed 2026-04-24]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

OSW's next annual pay disclosure, estimated April 24, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Leonard Fluxman$975,062$0$4,499,984$0$1,445,042$0$95,797$7,015,885
Executive Chairman and Chief Executive Officer
Stephen Lazarus683,66302,499,9870829,920083,7214,097,291
President, Chief Financial Officer and Chief Operating Officer
Susan Bonner110,165000114,46501,092,3801,317,010
Former Chief Commercial 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
Leonard Fluxman$7,015,885$6,066,502$5,884,805↑ +949,383
Stephen Lazarus4,097,2912,855,8472,745,449↑ +1,241,444
Susan Bonner1,317,0102,355,7742,034,364↓ −1,038,764

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 OSW
1 company names OSW as a compensation peer

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

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Leonard FluxmanCEO$7,015,885
Stephen LazarusPresident$4,097,291
Susan BonnerCCO$1,317,010
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
Stephen LazarusRSU2025-12-09——64,201—$1,249,993
Leonard FluxmanRSU2025-12-09——115,562—2,249,992
Leonard FluxmanPSU2025-12-0957,781115,562—231,1242,249,992
Stephen LazarusPSU2025-12-0932,10164,201—128,4021,249,993
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Stephen Lazarus$1,249,993$1,249,993$050.0%
Leonard Fluxman2,249,9922,249,992050.0%

% 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
Leonard FluxmanPSU153,846—$3,190,766
Stephen LazarusPSU128,402—2,663,057
Stephen LazarusPSU64,102—1,329,475
Leonard FluxmanPSU231,124—4,793,512
Stephen LazarusRSU64,201—1,331,529
Leonard FluxmanRSU115,562—2,396,756
Leonard FluxmanRSU82,103—1,702,816
Leonard FluxmanRSU51,282—1,063,589
Stephen LazarusRSU33,058—685,623
Stephen LazarusRSU21,367—443,152
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation philosophy is centered around attracting and retaining high-performing talent aligned with our corporate culture, motivating performance, and aligning the interests of our executives with those of our shareholders. We employ a pay-for-performance philosophy, linking a significant portion of executive compensation to the achievement of targeted financial results driven by strong operational execution and leadership.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMercer (US) LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0388,518,6724,679,736851,21794.98%Passed
20252025-06-0986,225,6555,450,983867,89194.05%Passed
20242024-06-0580,544,7597,661,443147,71191.16%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
20262026-06-0394.98%a
20252025-06-0994.05%b
20242024-06-0591.16%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “Majority of the Votes present in person or represented by proxy at the meeting and entitled to vote on the subject matter | Abstentions: Abstentions will have the effect of a vote against this proposal.”.

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)265 : 1
CEO total compensation$7,015,885
Median employee compensation$26,510
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stephen W. PowellIndependent · Audit · Compensation (Chair)$157,500$125,010———$282,510
Glenn J. FusfieldIndependent · Audit82,500125,010———207,510
Andrew R. HeyerIndependent · Audit82,500125,010———207,510
Maryam BanikarimIndependent · Nominating and Governance82,500125,010———207,510
Adam HasibaIndependent · Audit82,500125,010———207,510
Lisa MyersIndependent · Nominating and Governance82,500125,010———207,510
Leonard FluxmanEmployee director · Board Chair—————0
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$125,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000 / 25,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$570,000
Equity awards (grant-date value)$750,060
All other compensation$0
Total cost of the board$1,320,060

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.

10a

Peer reciprocity

Of the companies Onespaworld Holdings 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.

— Hilton Grand Vacations (HGV)32 European Wax Center (EWC) Travel + Leisure (TLF)— Frontdoor (FTDR)33 Olaplex (OLPX)— e.l.f. Beauty (ELF)34— USANA Health Sciences (USNA)35 Pursuit Attractions and Hospitality (VIAD) Life Time Group (LTH)— Healthcare Services Group (HCSG)36 Marriott Vacations Worldwide (MVV)— Wyndham Hotels & Resorts (WH)37— Choice Hotels International (CHH)38— National Vision Holdings (EYE)39

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 Onespaworld Holdings.

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
1Hilton Grand Vacations2025Mark Wang$1,345,962$7,762,448$0$4,540,200$14,067,191
2Wyndham Hotels & Resorts2025Geoffrey Ballotti1,426,93511,999,8180013,551,700
3Frontdoor2025William Cobb851,2506,399,99301,888,7119,152,204
4e.l.f. Beauty2026Tarang Amin475,0007,399,8670950,0008,834,367
5Choice Hotels International2025Patrick Pacious1,288,4624,000,09802,464,4238,074,700
6Onespaworld Holdings2025Leonard Fluxman975,0624,499,98401,445,0427,015,885
7Olaplex2025Amanda Baldwin1,000,0005,000,0000515,0006,541,537
8National Vision Holdings2025Alexander Wilkes734,6163,156,88701,259,4685,198,862
9Healthcare Services Group2025Theodore Wahl1,005,1082,475,457818,544330,8514,725,723
10USANA Health Sciences2025Jim Brown821,2313,147,0200339,1684,339,625
—European Wax Center——————not in coverage universe
—Travel + Leisure——————not in coverage universe
—Pursuit Attractions and Hospitality——————not in coverage universe
—Life Time Group——————not in coverage universe
—Marriott Vacations Worldwide——————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
Onespaworld Holdingsnot disclosedRSU 50 · PSU 50not disclosedMercer (US) LLC
Choice Hotels International95.5%PSU 100NoMeridian Compensation Partners
e.l.f. Beauty200%PSU 50 · RSU 50NoAon (Aon's Human Capital Solutions practice, a division of Aon plc.)
European Wax Centernot disclosednot disclosednot disclosednot disclosed
Frontdoornot disclosedPSU 50 · RSU 50not disclosedMeridian
Healthcare Services Groupnot disclosednot disclosedYes — relative Total Shareholder Return (TSR)not disclosed
Hilton Grand Vacations113%not disclosedNoPearl Meyer
Life Time Groupnot disclosednot disclosednot disclosednot disclosed
Marriott Vacations Worldwidenot disclosednot disclosednot disclosednot disclosed
National Vision Holdings196.6%RSU 50 · PSU 50NoMeridian Compensation Partners, LLC
Olaplex103%RSU 100not disclosedAon
Pursuit Attractions and Hospitalitynot disclosednot disclosednot disclosednot disclosed
Travel + Leisurenot disclosednot disclosednot disclosednot disclosed
USANA Health Sciences14.6% of base salary for most NEOs; 41.3% for Jim Brown (CEO); 15% for Brent Neidig (whose bonus excluded the Hiya segment)%not disclosedYes — Positive absolute Total Shareholder Return (TSR)CODA
Wyndham Hotels & Resortsnot disclosedRSU 50 · PSU 50NoAon (Human Capital Solutions practice)

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.

10d

Frequently asked questions

Who was the highest-paid executive at Onespaworld Holdings in fiscal 2025?
As disclosed, Leonard Fluxman (Executive Chairman and Chief Executive Officer) was the highest-paid executive at Onespaworld Holdings in fiscal 2025, with total compensation of $7,015,885.
How does Onespaworld Holdings's chief executive pay compare to its disclosed peer group?
As disclosed, Leonard Fluxman's total compensation ranked at the 44th percentile of Onespaworld Holdings's disclosed peer group.
What is Onespaworld Holdings's CEO-to-median employee pay ratio?
As disclosed, Onespaworld Holdings's CEO-to-median employee pay ratio was 265:1.
How did shareholders vote on Onespaworld Holdings's executive compensation?
As disclosed, 94.98% of shareholders supported Onespaworld Holdings's executive compensation in the latest say-on-pay vote.
How much does Onespaworld Holdings spend in total on board compensation for fiscal 2025?
As disclosed, Onespaworld Holdings reported total board compensation of $1,320,060 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, Leonard FluxmanDEF 14A2026-04-240001193125-26-177137Section “Executive Compensation”. As printed: 7,015,885. Filing ↗machine: r2 · c32 · span 1080096–1080105
2Section 01, Stephen LazarusDEF 14A2026-04-240001193125-26-177137Section “Executive Compensation”. As printed: 4,097,291. Filing ↗machine: r7 · c32 · span 1137834–1137843
3Section 01, Susan BonnerDEF 14A2026-04-240001193125-26-177137Section “Executive Compensation”. As printed: 1,317,010. Filing ↗machine: r12 · c32 · span 1196063–1196072
4Section 03, Stephen Lazarus RSUDEF 14A1900-01-010001193125-26-177137Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1350602–1350611
5Section 03, Leonard Fluxman RSUDEF 14A1900-01-010001193125-26-177137Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1304315–1304324
6Section 03, Leonard Fluxman PSUDEF 14A1900-01-010001193125-26-177137Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1288883–1288892
7Section 03, Stephen Lazarus PSUDEF 14A1900-01-010001193125-26-177137Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1335171–1335180
8Section 07, pay ratioDEF 14A2026-04-240001193125-26-177137Section “CEO Pay Ratio”. As printed: 265 : 1. Filing ↗machine: span 1673673–1673676
9Section 08, Stephen W. PowellDEF 14A2026-04-240001193125-26-177137Section “Director Compensation”. As printed: 282,510. Filing ↗
10Section 08, Glenn J. FusfieldDEF 14A2026-04-240001193125-26-177137Section “Director Compensation”. As printed: 207,510. Filing ↗
11Section 08, Andrew R. HeyerDEF 14A2026-04-240001193125-26-177137Section “Director Compensation”. As printed: 207,510. Filing ↗
12Section 08, Maryam BanikarimDEF 14A2026-04-240001193125-26-177137Section “Director Compensation”. As printed: 207,510. Filing ↗
13Section 08, Adam HasibaDEF 14A2026-04-240001193125-26-177137Section “Director Compensation”. As printed: 207,510. Filing ↗
14Section 08, Lisa MyersDEF 14A2026-04-240001193125-26-177137Section “Director Compensation”. As printed: 207,510. Filing ↗
15Section 08, Leonard FluxmanDEF 14A2026-04-240001193125-26-177137Section “Director Compensation”. As printed: 0. Filing ↗
16Section 06, 2026 voteForm 8-K2026-06-040001193125-26-257367Item 5.07 · say-on-pay result. As reported: 94.98% (votes for as printed: 88,518,672). Filing ↗
17Section 06, 2025 voteForm 8-K2025-06-120000950170-25-085377Item 5.07 · say-on-pay result. As reported: 94.05% (votes for as printed: 86,225,655). Filing ↗
18Section 06, 2024 voteForm 8-K2024-06-100000950170-24-071366Item 5.07 · say-on-pay result. As reported: 91.16% (votes for as printed: 80,544,759). Filing ↗
19Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
20Section 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
21Section 09b board cost (computed)Computed——Cash 570,000 + equity 750,060 + all other 0 = 1,320,060, summed across the director compensation table rows.machine: formula: Σ = 1,320,060
22Hilton Grand Vacations, Section 10b CEO totalDEF 14A2026-03-170001140361-26-009850CEO total compensation as printed in Hilton Grand Vacations's own proxy. As printed: 14,067,191. Filing ↗machine: r2 · c21 · span 1149244–1149255
23Wyndham Hotels & Resorts, Section 10b CEO totalDEF 14A2026-03-250001722684-26-000050CEO total compensation as printed in Wyndham Hotels & Resorts's own proxy. As printed: 13,551,700. Filing ↗machine: r2 · c48 · span 701393–701403
24Frontdoor, Section 10b CEO totalDEF 14A2026-03-300001193125-26-131742CEO total compensation as printed in Frontdoor's own proxy. As printed: 9,152,204. Filing ↗machine: span 1680534–1680543
25e.l.f. Beauty, Section 10b CEO totalDEF 14A2026-07-080001600033-26-000030CEO total compensation as printed in e.l.f. Beauty's own proxy. As printed: 8,834,367. Filing ↗machine: r2 · c36 · span 1742102–1742112
26Choice Hotels International, Section 10b CEO totalDEF 14A2026-04-220001046311-26-000013CEO total compensation as printed in Choice Hotels International's own proxy. As printed: 8,074,700. Filing ↗machine: r2 · c27 · span 1071913–1071922
27Onespaworld Holdings (subject), Section 10b CEO totalDEF 14A2026-04-240001193125-26-177137CEO total compensation as printed in Onespaworld Holdings's own proxy. As printed: 7,015,885. Filing ↗machine: r2 · c32 · span 1080096–1080105
28Olaplex, Section 10b CEO totalDEF 14A2026-05-290001868726-26-000044CEO total compensation as printed in Olaplex's own proxy. As printed: 6,541,537. Filing ↗machine: t27 · r3 · c8 · span 629363–629372
29National Vision Holdings, Section 10b CEO totalDEF 14A2026-05-040001140361-26-018642CEO total compensation as printed in National Vision Holdings's own proxy. As printed: 5,198,862. Filing ↗machine: r5 · c25 · span 1093143–1093152
30Healthcare Services Group, Section 10b CEO totalDEF 14A2026-04-150000731012-26-000021CEO total compensation as printed in Healthcare Services Group's own proxy. As printed: 4,725,723. Filing ↗machine: r3 · c16 · span 1104226–1104235
31USANA Health Sciences, Section 10b CEO totalDEF 14A2026-04-070000896264-26-000026CEO total compensation as printed in USANA Health Sciences's own proxy. As printed: 4,339,625. Filing ↗machine: span 527796–527806
32Section 10a, Hilton Grand Vacations reciprocityDEF 14A—0001140361-26-009850Hilton Grand Vacations's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗
33Section 10a, Frontdoor reciprocityDEF 14A—0001193125-26-131742Frontdoor's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗
34Section 10a, e.l.f. Beauty reciprocityDEF 14A—0001600033-26-000030e.l.f. Beauty's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗
35Section 10a, USANA Health Sciences reciprocityDEF 14A—0000896264-26-000026USANA Health Sciences's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗
36Section 10a, Healthcare Services Group reciprocityDEF 14A—0000731012-26-000021Healthcare Services Group's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗
37Section 10a, Wyndham Hotels & Resorts reciprocityDEF 14A—0001722684-26-000050Wyndham Hotels & Resorts's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗
38Section 10a, Choice Hotels International reciprocityDEF 14A—0001046311-26-000013Choice Hotels International's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗
39Section 10a, National Vision Holdings reciprocityDEF 14A—0001140361-26-018642National Vision Holdings's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗