Century Aluminum Company (CENX) Proxy Filing summary

Executive summary

• Achieved $2.2 billion in net sales, $337 million net income, and $244 million adjusted EBITDA in 2024, with 690,000 tonnes of aluminum produced.

• Integrated Jamalco alumina refinery and bauxite mines, reducing exposure to raw material costs.

• Completed a new low-carbon billet casthouse in Iceland and began sales of low-carbon aluminum in Europe.

• Selected for a $500 million Department of Energy grant to build the first new U.S. aluminum smelter in 50 years.

• Focused on safety, reporting one fatality in 2024 and committing to enhanced safety processes.

Voting matters and shareholder proposals

• Election of seven directors for one-year terms.

• Ratification of Deloitte & Touche LLP as independent auditor for 2025.

• Advisory vote on executive compensation (say-on-pay).

• Approval of the 2025 Century Aluminum Company Incentive Plan.

Board of directors and corporate governance

• Board consists of seven nominees, 71% independent, with diverse backgrounds and international experience.

• Committees: Audit, Compensation, Governance & Nominating, Health, Safety & Sustainability.

• 100% director attendance at board and committee meetings in 2024.

• Independent Chairman structure, regular executive sessions, and annual board self-evaluations.

• Stock ownership guidelines and policies prohibiting short sales, hedging, and pledging.