Tue, Apr 15, 12:07 PM (38 days ago)
Constellium SE (CSTM) filed an amendment to its annual report, providing updates and additional information. The company reported Adjusted EBITDA of 623 million and Free Cash Flow of -100 million for 2024. The executive compensation philosophy focuses on total compensation, performance-based pay, market competitiveness, and equity ownership. Key executives received base salary increases ranging from 0% to 7%, with annual cash incentives earned below target. Long-term equity incentives, including RSUs and PSUs, were awarded to align executive interests with shareholders. The company's financial condition and performance metrics, such as EPA Adjusted EBITDA and Free Cash Flow, were discussed. The amendment also includes updates to the Constellium SE 2013 Equity Incentive Plan and certifications from the CEO and CFO. The company's strategic overview and future outlook were not explicitly detailed in the provided text. Risk factors and market position changes were not highlighted in the summary. The amendment focuses on providing additional disclosures and updates to the original filing.