Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-10

SSR Mining (SSRM)

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.

$7,563,241
Rod Antal total, FY2025
CEO pay percentile vs peers
129:1
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against SSRM
2 companies name SSRM as a compensation peer

Each company listed discloses SSRM 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 SSRM 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
Rod Antal$1,075,000$1,612,500$3,225,000$1,579,804$70,937$7,563,241
Executive Chairman
Michael Sparks600,000900,000559,04482,7923,191,836
Executive Vice President & Chief Financial Officer
Bill MacNevin600,000900,000550,04461,9623,162,006
Executive Vice President Operations and Sustainability
F. Edward Farid580,000870,0001,015,000536,05967,1493,068,209
Executive Vice President & Chief Strategy Officer
John Ebbett490,000735,000857,500456,55344,8642,583,917
Executive Vice President Growth and Innovation

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
Rod Antal$7,563,241$5,147,216$5,304,953+2,416,025
Michael Sparks3,191,8361,725,109
Bill MacNevin3,162,0062,732,921
F. Edward Farid3,068,2092,037,7191,745,912+1,030,490
John Ebbett2,583,9171,603,0251,438,643+980,892

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
Bill MacNevinPSU2025-01-01076,58676,586153,172$525,000
John EbbettPSU2025-01-01062,54562,545125,090428,750
F. Edward FaridPSU2025-01-01074,03374,033148,066507,500
Michael SparksPSU2025-01-01076,58676,586153,172525,000
Rod AntalPSU2025-01-010235,229235,229470,4581,612,500
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Bill MacNevin$0$525,000$0100.0%
John Ebbett0428,7500100.0%
F. Edward Farid0507,5000100.0%
Michael Sparks0525,0000100.0%
Rod Antal01,612,5000100.0%

% 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
Rod AntalPSU131,145$2,874,698
Bill MacNevinPSU120,5232,641,864
Rod AntalPSU185,0894,057,151
F. Edward FaridPSU33,547735,350
John EbbettPSU62,5451,370,986
Rod AntalPSU235,2295,156,220
F. Edward FaridPSU116,5052,553,790
Rod AntalPSU370,1798,114,324
Michael SparksPSU60,2611,320,921
Michael SparksPSU120,5232,641,864
Michael SparksPSU32,937721,979
John EbbettPSU84,3661,849,303
Michael SparksPSU76,5861,678,765
Michael SparksPSU7,322160,498
Bill MacNevinPSU76,5861,678,765
John EbbettPSU27,448601,660
F. Edward FaridPSU74,0331,622,803
John EbbettPSU6,101133,734
Bill MacNevinPSU60,2611,320,921
F. Edward FaridPSU58,2521,276,884
John EbbettPSU42,183924,651
Bill MacNevinPSU32,022701,922
Rod AntalPSU29,143638,815
Bill MacNevinPSU23,382512,533
F. Edward FaridPSU7,458163,479
Bill MacNevinPSU7,119156,048
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's overarching goal is to provide competitive compensation to attract, motivate, and retain highly qualified executive officers capable of achieving strategic and short-term performance objectives while creating long-term Shareholder value. This is accomplished through market-competitive positioning, a focus on 'at-risk' compensation heavily weighted toward financial and operational performance, and the minimization of excessive risk-taking through capped payouts and long-term vesting schedules.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantPay Governance LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
07

CEO pay ratio

Ratio (CEO : median employee)129 : 1
CEO total compensation
Median employee compensation$58,230
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas R. Bates JrIndependent · Lead Independent Director · Audit Committee · Compensation and Leadership Development Committee$155,000$110,000$0$265,000
Alan P. KrusiIndependent · Corporate Governance and Nominating Committee (Chair)127,690110,0000237,690
Kay PriestlyIndependent · Audit Committee · Compensation and Leadership Development Committee125,000110,0000235,000
Brian R. BoothIndependent · Audit Committee · Technical, Safety and Sustainability Committee100,000110,0000210,000
Daniel MalchukIndependent · Technical, Safety and Sustainability Committee (Chair)100,000110,0000210,000
Karen SwagerIndependent · Compensation and Leadership Development Committee (Chair)100,000110,0000210,000
Simon A. FishDeparted during FY94,68890,5710185,258
Laura MullenIndependent · Audit Committee (Chair) · Newly elected87,50096,2500183,750
A.E. Michael AnglinIndependent · Departed during FY35,44038,984074,423
Leigh Ann FisherDeparted during FY8,3339,167017,500
Rod AntalEmployee director · Board Chair0000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$110,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$3
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$933,651
Equity awards (grant-date value)$894,972
All other compensation$0
Total cost of the board$1,828,623

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.

RGLD Alamos Gold Inc.CDE Coeur Mining Inc. DPM Metals Inc. Eldorado Gold Corporation Endeavour Mining plcAUGG Equinox Gold Corp.HBM Hudbay Minerals Inc.CGAU Centerra Gold Inc. B2Gold Corp.HL Hecla Mining CompanyIAG IAMGOLD Corporation Lundin Gold Inc.OGC OceanaGold CorporationPAAS Pan American Silver Corp.
10a

Peer reciprocity

Of the companies SSR Mining 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.

Alamos Gold Inc. (RGLD)30 Coeur Mining Inc. (CDE)31 Equinox Gold Corp. (AUGG) Hudbay Minerals Inc. (HBM) Centerra Gold Inc. (CGAU) Hecla Mining Company (HL)32 IAMGOLD Corporation (IAG) OceanaGold Corporation (OGC) Pan American Silver Corp. (PAAS)

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 SSR Mining.

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
1SSR Mining2025Rod Antal$1,075,000$3,225,000$1,579,804$7,563,241
2Coeur Mining Inc.2025Mitchell Krebs850,0004,223,33601,413,1256,646,601
3Hecla Mining Company2025Rob Krcmarov850,0002,800,53401,598,8505,453,167
4Alamos Gold Inc.2025William Heissenbuttel918,0002,759,43701,400,0005,230,084
Equinox Gold Corp.not in coverage universe
Hudbay Minerals Inc.not in coverage universe
Centerra Gold Inc.not in coverage universe
IAMGOLD Corporationnot in coverage universe
OceanaGold Corporationnot in coverage universe
Pan American Silver Corp.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
SSR Miningnot disclosedPSU 50 · RSU 50not disclosedPay Governance LLC
Alamos Gold Inc.138.6%RSU 50 · PSU 50Yes — TSR (Total Stockholder Return) relative to precious metals peer groupIndependent Compensation Consultant (name not disclosed in CD&A)
Centerra Gold Inc.not disclosednot disclosednot disclosednot disclosed
Coeur Mining Inc.not disclosedPSU 60 · Restricted Stock 40not disclosedMeridian
Equinox Gold Corp.not disclosednot disclosednot disclosednot disclosed
Hecla Mining Companynot disclosedRSU 50 · PSU 50not disclosednot disclosed
Hudbay Minerals Inc.not disclosednot disclosednot disclosednot disclosed
IAMGOLD Corporationnot disclosednot disclosednot disclosednot disclosed
OceanaGold Corporationnot disclosednot disclosednot disclosednot disclosed
Pan American Silver Corp.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, Rod AntalDEF 14A2026-03-250000921638-26-000047Section “Executive Compensation”. As printed: 7,563,241. Filing ↗
2Section 01, Michael SparksDEF 14A2026-03-250000921638-26-000047Section “Executive Compensation”. As printed: 3,191,836. Filing ↗
3Section 01, Bill MacNevinDEF 14A2026-03-250000921638-26-000047Section “Executive Compensation”. As printed: 3,162,006. Filing ↗
4Section 01, F. Edward FaridDEF 14A2026-03-250000921638-26-000047Section “Executive Compensation”. As printed: 3,068,209. Filing ↗
5Section 01, John EbbettDEF 14A2026-03-250000921638-26-000047Section “Executive Compensation”. As printed: 2,583,917. Filing ↗
6Section 03, Bill MacNevin PSUDEF 14A2026-03-250000921638-26-000047Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t56 · r14 · c10 · span 747454–747461
7Section 03, John Ebbett PSUDEF 14A2026-03-250000921638-26-000047Section “EXECUTIVE COMPENSATION TABLES” · grants of plan-based awards table. Filing ↗machine: t56 · r22 · c10 · span 760284–760291
8Section 03, F. Edward Farid PSUDEF 14A2026-03-250000921638-26-000047Section “EXECUTIVE COMPENSATION TABLES” · grants of plan-based awards table. Filing ↗machine: t56 · r18 · c10 · span 753871–753878
9Section 03, Michael Sparks PSUDEF 14A2026-03-250000921638-26-000047Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t56 · r10 · c7 · span 740332–740338
10Section 03, Rod Antal PSUDEF 14A2026-03-250000921638-26-000047Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t55 · r3 · c3 · span 688018–688027
11Section 07, pay ratioDEF 14A2026-03-250000921638-26-000047Section “CEO Pay Ratio”. As printed: 129 : 1. Filing ↗machine: span 906666–906669
12Section 08, Thomas R. Bates JrDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 265,000. Filing ↗machine: span 401857–401977
13Section 08, Alan P. KrusiDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 237,690. Filing ↗machine: span 408253–408373
14Section 08, Kay PriestlyDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 235,000. Filing ↗machine: span 413025–413145
15Section 08, Brian R. BoothDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 210,000. Filing ↗machine: span 403353–403473
16Section 08, Daniel MalchukDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 210,000. Filing ↗machine: span 409750–409870
17Section 08, Karen SwagerDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 210,000. Filing ↗machine: span 414758–414878
18Section 08, Simon A. FishDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 185,258. Filing ↗machine: span 405054–405174
19Section 08, Laura MullenDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 183,750. Filing ↗machine: span 411530–411650
20Section 08, A.E. Michael AnglinDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 74,423. Filing ↗machine: span 398816–398935
21Section 08, Leigh Ann FisherDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 17,500. Filing ↗machine: span 406758–406877
22Section 08, Rod AntalDEF 14A2026-03-250000921638-26-000047Section “Director Compensation”. As printed: 0. Filing ↗
23Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
24Section 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
25Section 09b board cost (computed)ComputedcomputedCash 933,651 + equity 894,972 + all other 0 = 1,828,623, summed across the director compensation table rows.machine: formula: Σ = 1,828,623
26SSR Mining (subject), Section 10b CEO totalDEF 14A2026-03-250000921638-26-000047CEO total compensation as printed in SSR Mining's own proxy. As printed: 7,563,241. Filing ↗
27Coeur Mining Inc., Section 10b CEO totalDEF 14A2026-04-010001140361-26-012491CEO total compensation as printed in Coeur Mining Inc.'s own proxy. As printed: 6,646,601. Filing ↗machine: r2 · c28 · span 2268574–2268583
28Hecla Mining Company, Section 10b CEO totalDEF 14A2026-04-100001193125-26-151210CEO total compensation as printed in Hecla Mining Company's own proxy. As printed: 5,453,167. Filing ↗machine: r2 · c31 · span 1145489–1145498
29Alamos Gold Inc., Section 10b CEO totalDEF 14A2026-04-030000085535-26-000018CEO total compensation as printed in Alamos Gold Inc.'s own proxy. As printed: 5,230,084. Filing ↗machine: t37 · r2 · c12 · span 361652–361661
30Section 10a, Alamos Gold Inc. reciprocityDEF 14A0000085535-26-000018Alamos Gold Inc. names SSR Mining in its own disclosed peer group (read from its most recent proxy). Filing ↗
31Section 10a, Coeur Mining Inc. reciprocityDEF 14A0001140361-26-012491Coeur Mining Inc.'s most recent proxy was read; its disclosed peer group does not include SSR Mining. Filing ↗
32Section 10a, Hecla Mining Company reciprocityDEF 14A0001193125-26-151210Hecla Mining Company names SSR Mining in its own disclosed peer group (read from its most recent proxy). Filing ↗