Trilogy Metals Inc.
For the period ended May 13, 2026. Filed Mar 27, 2026.
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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.
May 13, 2026 · Filed Mar 27, 2026
Contents
Compensation Elements
After compiling information based on salaries, bonuses and other types of cash and equity-based compensation programs obtained from the public disclosure records of the Peer Group, the Compensation Consultant reported its findings to the Compensation Committee. The Compensation Consultant made recommendations to the Compensation Committee regarding compensation targets for NEOs.
Base Salary
Salaries for executive officers are determined by evaluating the responsibilities inherent in the position held and the individual’s experience and past performance, as well as by reference to the competitive marketplace for management talent at other Peer Group companies. The Compensation Committee refers to market information publicly available and information provided by the Compensation Consultant.
The Compensation Consultant matched the executive officers to those individuals performing similar functions at the Peer Group companies. Each of the CEO’s and CFO’s base salary is targeted between the median and top quartile of the Peer Group. The Company targets base salaries above the median to assist in attracting and retaining the key people that the Company needs to be successful.
Individual performance is evaluated based on goals and initiatives set at the beginning of the year. Management determines a salary increase budget for each year based on market data from consulting companies and considering the Company’s financial resources. Using this budget and taking into account individual performance and the individual’s position in his or her salary band, management may recommend an increase for one or all NEOs. The Compensation Committee makes a recommendation for any base salary increase, also taking into account the budget set and individual performance.
Base Salary for 2025 and 2026
As a result of the compensation review conducted in 2025, the Compensation Committee recommended, and the Board approved base salary increases for 2026 for the NEOs of the Company due mainly to performance and market conditions.
| Name | Title | 2026 Base Salary | 2025 Base Salary | % Change |
|---|---|---|---|---|
| Tony Giardini | President & CEO | C$575,000 | C$520,000 | 10.6% |
| Elaine Sanders | VP & CFO | C$380,000 | C$344,760 | 10.2% |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.