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CLEVELAND-CLIFFS INC.

For the period ended Dec 31, 2025. Filed Apr 2, 2026.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Dec 31, 2025 · Filed Apr 2, 2026

CLF$11.46+1.7%Stored close · as of Nov 6, 2026
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Contents

LONG-TERM INCENTIVE (“LTI”) PROGRAM

Our LTI Program rewards the NEOs based on the future performance of our Company by providing awards for creating long-term value for our shareholders. The goals of the LTI Program are to:

Help ensure the NEOs’ financial interests are aligned with our shareholders’ interests;

Motivate decision making that improves financial performance over the long term;

Recognize and reward superior financial performance of our Company;

Provide a retention element to our compensation program; and

Promote compliance with the Share Ownership Guidelines for executives.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.