Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-12-19

Tecnoglass Holdings (TGLS)

Fiscal year 2024 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.

$4,445,280
Christian Daes total, FY2024
Chief Operating Officerhighest-paid officer; CEO Jose Daes: $4,445,280
CEO (Jose Daes) pay percentile vs peers
848:1
CEO-to-median pay ratio
77.49%
Say-on-pay support, latest vote
Companies that benchmark against TGLS
No companies currently name TGLS as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Christian Daes$3,292,800$1,152,480$0$0$0$0$0$4,445,280
Chief Operating Officer
Jose Daes3,292,8001,152,480000004,445,280
Chief Executive Officer
Samir Amin225,000000001,426,5451,651,545
Vice president of Operations and Logistics
Santiago Giraldo665,280232,84800000898,128
Chief Financial 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Christian Daes$4,445,280
Jose Daes4,445,280
Samir Amin1,651,545
Santiago Giraldo898,128

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.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Carlos CureRSU143,562$143,562
Carlos CureRSU127,164127,164
Anne Louise CarricarteRSU127,164127,164
Julio A. TorresRSU112,939112,939
A. Lorne WeilRSU112,939112,939
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-12-1931,326,7699,100,81418,11877.49%Passed
20222022-12-1536,775,8381,083,87447,71697.14%Passed
20192019-12-2034,518,17777,434123,29699.78%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
20252025-12-1977.49%a
20222022-12-1597.14%b
20192019-12-2099.78%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. 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.

07

CEO pay ratio

Ratio (CEO : median employee)848 : 1
CEO total compensation$4,445,280
Median employee compensation$5,242
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Carlos CureIndependent · Audit (Chair)$143,562$0$0$0$0$143,562
Luis F. CastroIndependent · Audit · Compensation127,1640000127,164
Anne Louise CarricarteIndependent · Nominating127,1640000127,164
A. Lorne WeilIndependent · Departed during FY112,9390000112,939
Julio A. TorresIndependent · Audit · Compensation (Chair)112,9390000112,939
Jon Paul PérezIndependent · Nominating · Newly elected000000
Christian T. DaesEmployee director000000
Jose M. DaesEmployee director000000
09

Board fee structure and ownership guideline

Annual cash retainer$84,585
Annual equity retainer$0
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)44,800 / 28,402 / 28,402
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$623,768
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$623,768

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
1Tecnoglass Holdings2024Jose Daes$3,292,800$0$0$0$4,445,280

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, Christian DaesDEF 14A2025-11-280001493152-25-025221Section “Executive Compensation”. As printed: 4,445,280. Filing ↗
2Section 01, Jose DaesDEF 14A2025-11-280001493152-25-025221Section “Executive Compensation”. As printed: 4,445,280. Filing ↗
3Section 01, Samir AminDEF 14A2025-11-280001493152-25-025221Section “Executive Compensation”. As printed: 1,651,545. Filing ↗
4Section 01, Santiago GiraldoDEF 14A2025-11-280001493152-25-025221Section “Executive Compensation”. As printed: 898,128. Filing ↗
5Section 07, pay ratioDEF 14A2025-11-280001493152-25-025221Section “CEO Pay Ratio”. As printed: 848 : 1. Filing ↗
6Section 08, Carlos CureDEF 14A2025-11-280001493152-25-025221Section “Director Compensation”. As printed: 143,562. Filing ↗
7Section 08, Luis F. CastroDEF 14A2025-11-280001493152-25-025221Section “Director Compensation”. As printed: 127,164. Filing ↗
8Section 08, Anne Louise CarricarteDEF 14A2025-11-280001493152-25-025221Section “Director Compensation”. As printed: 127,164. Filing ↗
9Section 08, A. Lorne WeilDEF 14A2025-11-280001493152-25-025221Section “Director Compensation”. As printed: 112,939. Filing ↗
10Section 08, Julio A. TorresDEF 14A2025-11-280001493152-25-025221Section “Director Compensation”. As printed: 112,939. Filing ↗
11Section 08, Jon Paul PérezDEF 14A2025-11-280001493152-25-025221Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Christian T. DaesDEF 14A2025-11-280001493152-25-025221Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Jose M. DaesDEF 14A2025-11-280001493152-25-025221Section “Director Compensation”. As printed: 0. Filing ↗
14Section 06, 2025 voteForm 8-K2025-12-190001493152-25-028586Item 5.07 · say-on-pay result. As reported: 77.49% (votes for as printed: 31,326,769). Filing ↗
15Section 06, 2022 voteForm 8-K2022-12-150001493152-22-035577Item 5.07 · say-on-pay result. As reported: 97.14% (votes for as printed: 36,775,838). Filing ↗
16Section 06, 2019 voteForm 8-K2019-12-200001493152-19-019500Item 5.07 · say-on-pay result. As reported: 99.78% (votes for as printed: 34,518,177). Filing ↗
17Section 09b board cost (computed)ComputedcomputedCash 623,768 + equity 0 + all other 0 = 623,768, summed across the director compensation table rows.machine: formula: Σ = 623,768
18Tecnoglass Holdings (subject), Section 10b CEO totalDEF 14A2025-11-280001493152-25-025221CEO total compensation as printed in Tecnoglass Holdings's own proxy. As printed: 4,445,280. Filing ↗