Bunge Global SA
For the period ended Dec 31, 2025. Filed Apr 10, 2026.
View on SEC.govAbout 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 10, 2026
Contents
Summary Compensation Table
The following table sets forth the compensation of our NEOs for 2025, including our CEO, our CFO, the other three most highly compensated executive officers who were serving as executive officers as of December 31, 2025 and one former executive officer for whom disclosure is required under applicable rules.
| Name and Principal Position · Year · Salary($) (1) · Bonus($) · StockAwards($)(2)(3) · OptionAwards($)(2) · Non-EquityIncentivePlanCompensation($)(4) · Change inPensionValue &NonqualifiedDeferredCompensationEarnings($)(5) · All OtherCompensationTotal($)(6) · Total($)(7) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gregory Heckman | 2025 | $1,400,000 | $— | $12,767,722 | $— | $4,112,640 | $— | $665,117 | $18,945,479 | ||||
| Chief Executive Officer | 2024 | $1,350,014 | $— | $10,779,356 | $— | $4,046,000 | $— | $636,978 | $16,812,348 | ||||
| 2023 | $1,200,046 | $— | $10,964,403 | $— | $4,863,360 | $— | $560,061 | $17,587,870 | |||||
| John Neppl | 2025 | $800,007 | $— | $3,191,876 | $— | $1,532,000 | $— | $205,053 | $5,728,936 | ||||
| Chief Financial Officer | 2024 | $787,518 | $— | $2,939,782 | $— | $1,392,000 | $— | $206,152 | $5,325,452 | ||||
| 2023 | $750,029 | $— | $2,585,876 | $— | $1,750,500 | $— | $203,213 | $5,289,618 | |||||
| Julio Garros | 2025 | $721,807 | $— | $3,437,389 | $— | $1,880,003 | (8) | $— | $1,857,584 | $7,896,783 | |||
| Chief Operating Officer | 2024 | $699,281 | $— | $2,449,755 | $— | $1,125,810 | $— | $752,239 | $5,027,085 | ||||
| 2023 | $746,925 | $— | $2,068,659 | $— | $1,735,572 | $— | $23,598 | $4,574,754 | |||||
| Christos Dimopoulos | 2025 | $886,200 | (9) | $— | $1,964,170 | $— | $2,209,961 | (9) | $— | $165,480 | (9) | $5,225,811 | |
| EVP, Global Markets & Chief Sustainability Officer | 2024 | $710,475 | $2,214 | $1,959,823 | $— | $2,058,700 | $— | $144,722 | $4,875,934 | ||||
| 2023 | $831,810 | $— | $2,068,659 | $— | $2,589,008 | $— | $155,913 | $5,645,390 | |||||
| Joseph Podwika | 2025 | $625,000 | $— | $1,718,658 | $— | $645,938 | $— | $151,375 | $3,140,971 | ||||
| Chief Legal Officer | 2024 | $618,750 | $— | $1,714,809 | $— | $714,844 | $— | $136,823 | $3,185,226 | ||||
| 2023 | $600,000 | $— | $1,551,546 | $— | $1,017,450 | $— | $131,975 | $3,300,971 | |||||
| David Mattiske | 2025 | $437,430 | (10) | $— | $14,437,944 | $— | $1,337,922 | (10) | $— | $476,345 | (10) | $16,689,641 | |
| Former Co-Chief Operating Officer | |||||||||||||
(1)Actual salary payments during 2025. Annual base salary rates as of December 31, 2025 are described on page 52 of this proxy statement.
(2)The amounts shown reflect the aggregate full grant date fair value for stock awards for financial reporting purposes in accordance with ASC Topic 718 (without any reduction for risk of forfeiture) as determined based on applying the assumptions used in Bunge's audited financial statements. See Note 24 to the audited consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 regarding assumptions underlying the valuation of stock awards. Amounts reported for these awards may not represent the amounts that the listed officers ultimately realize from the awards. Whether, and to what extent, a listed officer realizes value will depend on our actual operating performance, stock price fluctuations and the listed officer's continued employment.
(3)Based on the full grant date value of the PBRSUs granted on March 15, 2025, the following are the maximum payouts, assuming the maximum level of performance is achieved: Mr. Heckman: $15,799,190; Mr. Neppl: $3,949,435; Mr. Garros: $4,253,416; Mr. Dimopoulos: $2,430,399; and Mr. Podwika: $2,126,418. Based on the full grant date value of PBRSUs granted on July 2, 2025, the following is the maximum payout, assuming the maximum level of performance: Mr. Mattiske: $4,736,132. For additional information on these awards, see "Long-term Incentive Plan" beginning on page 58 of this proxy statement.
(4)Incentive compensation awards under the AIP for the 2025 fiscal year that were paid in March 2026. In lieu of the awards under the AIP for 2025, Mr. Dimopoulos received an RMOI award in connection with his service to our Agribusiness segment as described in more detail under “Annual Risk Management & Optimization Incentive Awards” on page 56 of this proxy statement.
(5)None of the NEOs participate in Bunge's U.S. pension plan. There are no above market or preferential earnings with respect to nonqualified deferred compensation arrangements.
Bunge | 2026 Proxy Statement 68
(6)The following table provides details about each component of the "All Other Compensation" column:
| Long-Term Assignment Expenses(a) | |||||||
|---|---|---|---|---|---|---|---|
| Name | Registrant Contributions for Qualified Plans($) | Registrant Contributions for Nonqualified Plan($) | Aggregate Incremental Cost($) | Tax Equalization($) | Tax Gross-Up($) | Perquisites and Other Personal Benefits($)(b) | Total($) |
| Gregory Heckman | $31,500 | $466,020 | $— | $— | $— | $167,597 | $665,117 |
| John Neppl | $33,061 | $171,992 | $— | $— | $— | $— | $205,053 |
| Julio Garros | $— | $— | $362,641 | $5,858 | $1,468,971 | $20,114 | $1,857,584 |
| Christos Dimopoulos(c) | $138,134 | $— | $— | $— | $— | $27,346 | $165,480 |
| Joseph Podwika | $35,529 | $99,846 | $— | $— | $— | $16,000 | $151,375 |
| David Mattiske(d) | $44,341 | $— | $— | $— | $— | $432,004 | $476,345 |
| (a) In connection with his long-term assignment in the U.S., effective August 1, 2024, Mr. Garros received the following benefits in 2025 in accordance with Bunge's Long-Term International Assignment Policy: (i) $90,750 for host country housing, including utilities and furniture, (ii) $80,099 for educational expenses for Mr. Garros’s dependent children, (iii) $162,579 for increased cost of goods and services, (iv) $17,619 for assignment related reimbursable expenses and (v) a one-time payment of $11,594 for relocation and destination services. In addition, we provided Mr. Garros with tax equalization payments of $5,858 as well as tax gross up-payments of $1,468,971 related to his long-term assignment benefits to ensure no greater or lesser tax burden during his international assignment. (b) For Mr. Heckman, represents a financial wellness counseling benefit of $14,000 and incremental variable cost (excluding fixed or other costs) of $153,597 for non-business use of the company chartered aircraft. For Messrs. Dimopoulos and Garros, represents an automobile allowance in connection with his overseas employment. For Mr. Podwika, represents a financial wellness counseling benefit. For Mr. Mattiske, represents the following relocation expenses: (i) $198,736 for reimbursable relocation expenses, (ii) a one-time payment of $172,817 for relocation and housing, and (iii) tax gross-up payments of $60,451.(c) Amounts shown have been converted from Swiss francs to U.S. dollars at the exchange rate of 1.2660 U.S. dollars per Swiss franc as of December 31, 2025. (d) In connection with Mr. Mattiske's time spent working in both the Netherlands and Switzerland, amounts shown have been converted from (i) European euros to U.S. dollars at the exchange rate of 1.1764 U.S. dollars per European euros, and (ii) Swiss francs to U.S. dollars at the exchange rate of 1.2660 U.S. dollars per Swiss franc as of December 31, 2025. | |||||||
(7)As required by SEC rules, "Total" represents the sum of all columns in the table.
(8)Amounts shown have been converted from Brazilian reals to U.S. dollars at the exchange rate of 0.1807 U.S. dollars per Brazilian real as of December 31, 2025.
(9)Amounts shown have been converted from Swiss francs to U.S. dollars at the exchange rate of 1.2660 U.S. dollars per Swiss franc as of December 31, 2025.
(10)Mr. Mattiske served as Co-Chief Operating Officer until December 11, 2025 and terminated employment on December 31, 2025. Following merger close, Mr. Mattiske spent time working in both the Netherlands and Switzerland. Amounts shown have been converted from (i) European euros to U.S. dollars at the exchange rate of 1.1764 U.S. dollars per European euro, and (ii) Swiss francs to U.S. dollars at the exchange rate of 1.2660 U.S. dollars per Swiss franc as of December 31, 2025.
Bunge | 2026 Proxy Statement 69
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.