Electra Battery Materials Management

Management criteria checks 2/4

Electra Battery Materials' CEO is Trent Charles Mell, appointed in Mar 2017, has a tenure of 7.08 years. total yearly compensation is CA$791.78K, comprised of 50.4% salary and 49.6% bonuses, including company stock and options. directly owns 0.75% of the company’s shares, worth CA$239.88K. The average tenure of the management team and the board of directors is 0.3 years and 6 years respectively.

Key information

Trent Charles Mell

Chief executive officer

CA$791.8k

Total compensation

CEO salary percentage	50.4%
CEO tenure	7.1yrs
CEO ownership	0.8%
Management average tenure	less than a year
Board average tenure	6yrs

Recent management updates

Recent updates

Electra Battery Materials (CVE:ELBM) Has Debt But No Earnings; Should You Worry?

Nov 10

Is Electra Battery Materials (CVE:ELBM) A Risky Investment?

Mar 02

CEO Compensation Analysis

How has Trent Charles Mell's remuneration changed compared to Electra Battery Materials's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-CA$9m
Jun 30 2023	n/a	n/a	-CA$7m
Mar 31 2023	n/a	n/a	-CA$12m
Dec 31 2022	CA$792k	CA$399k	CA$13m
Sep 30 2022	n/a	n/a	-CA$13m
Jun 30 2022	n/a	n/a	-CA$16m
Mar 31 2022	n/a	n/a	-CA$30m
Dec 31 2021	CA$861k	CA$359k	-CA$35m
Sep 30 2021	n/a	n/a	-CA$17m
Jun 30 2021	n/a	n/a	-CA$8m
Mar 31 2021	n/a	n/a	-CA$3m
Dec 31 2020	CA$737k	CA$330k	-CA$2m
Sep 30 2020	n/a	n/a	-CA$115m
Jun 30 2020	n/a	n/a	-CA$115m
Mar 31 2020	n/a	n/a	-CA$116m
Dec 31 2019	CA$362k	CA$284k	-CA$116m
Sep 30 2019	n/a	n/a	-CA$17m
Jun 30 2019	n/a	n/a	-CA$23m
Mar 31 2019	n/a	n/a	-CA$26m
Dec 31 2018	CA$955k	CA$279k	-CA$27m
Sep 30 2018	n/a	n/a	-CA$22m
Jun 30 2018	n/a	n/a	-CA$16m
Mar 31 2018	n/a	n/a	-CA$12m
Dec 31 2017	CA$554k	n/a	-CA$10m

Compensation vs Market: Trent Charles's total compensation ($USD577.91K) is above average for companies of similar size in the Canadian market ($USD175.48K).

Compensation vs Earnings: Trent Charles's compensation has been consistent with company performance over the past year.

CEO

Trent Charles Mell (53 yo)

7.1yrs

Tenure

CA$791,779

Compensation

Mr. Trent Charles Arthur Mell, B.C.L, LL B., LL M, serves as Director of Toronto Hydro-Electric System Limited since December 2020.He has been Chief Executive Officer and President of Electra Battery Mate...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Trent Charles Mell	President	7.1yrs	CA$791.78k	0.75% CA$ 239.9k
Mark Trevisiol	Vice President of Project Development	no data	CA$384.48k	0.10% CA$ 33.2k
David Allen	Chief Financial Officer	less than a year	no data	no data
George Puvvada	Vice President of Metallurgy & Technology	less than a year	no data	0.036% CA$ 11.4k
Heather Smiles	Vice President of Investor Relations & Corporate Development	less than a year	no data	0.0023% CA$ 722.7
Kevin Ma	Advisor	no data	CA$205.00k	no data

0.3yrs

Average Tenure

53yo

Average Age

Experienced Management: ELBM's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Trent Charles Mell	President	7.1yrs	CA$791.78k	0.75% CA$ 239.9k
John Pollesel	Independent Non-Executive Chairman	6.9yrs	CA$135.93k	0.044% CA$ 14.0k
Clement Otter	Independent Director	5.2yrs	CA$92.05k	0.0021% CA$ 652.6
Vasuki Uthayakumar	Independent Director	4.5yrs	CA$66.53k	0.13% CA$ 42.6k

6.0yrs

Average Tenure

56yo

Average Age

Experienced Board: ELBM's board of directors are considered experienced (6 years average tenure).

Electra Battery Materials Management

Management criteria checks 2/4

Key information

Recent management updates

President exercised options to buy CA$74k worth of stock.

Electra Battery Materials Corporation Announces Chief Financial Officer Changes

Electra Battery Materials Corporation Announces Executive Changes

Insufficient new directors

Insufficient new directors

Electra Appoints Craig Cunningham as CFO

Recent updates

President exercised options to buy CA$74k worth of stock.

Electra Battery Materials Corporation Receives $5 Million Grant from Government of Canada to Support the Development of the North American Electric Vehicle Supply Chain

New minor risk - Share price stability

Electra Battery Materials Corporation Provides Update on Black Mass Recycling

Electra Battery Materials Corporation Announces Chief Financial Officer Changes

Price target decreased by 30% to CA$3.25

New major risk - Financial position

New major risk - Revenue and earnings growth

Electra Battery Materials Corporation to Report Q3, 2023 Results on Nov 15, 2023

Electra Battery Materials Receives NASDAQ Notice on Minimum Price Deficiency

Electra Battery Materials Corporation announced that it has received $6.058644 million in funding

Electra Battery Materials Corporation to Report Q2, 2023 Results on Aug 17, 2023

New major risk - Shareholder dilution

Electra Battery Materials Corporation announced that it has received CAD 20 million in funding from Three Fires Group Inc.

Price target decreased by 19% to CA$5.97

New major risk - Share price stability

Electra Battery Materials Corporation announced that it expects to receive CAD 18.965517 million in funding from Three Fires Group Inc.

Electra Battery Materials Corporation announced that it expects to receive CAD 20 million in funding from Three Fires Group Inc.

Electra Battery Materials Corporation Announces Executive Changes

Price target decreased by 23% to CA$7.23

Electra Battery Materials Corporation to Report Q1, 2023 Results on May 10, 2023

Electra Battery Materials Corporation Completes First Plant-Scale Recycling of Black Mass Material in North America

Electra Battery Materials Corporation announced that it expects to receive $51 million in funding

Electra Battery Materials Corporation (TSXV:ELBM) acquired Cobalt Property in Idaho.

Forecast breakeven date pushed back to 2024

Electra Battery Materials Corporation has completed a Composite Units Offering in the amount of $5.51075 million.

Insufficient new directors

Electra Battery Materials (CVE:ELBM) Has Debt But No Earnings; Should You Worry?

Insufficient new directors

Electra Battery Materials Corporation to Report Q3, 2022 Results on Nov 09, 2022

Electra Battery Materials Corporation Confirms Cobalt Mineralization at New Target in Idaho

Electra Battery Materials Corporation Makes Continued Progress on Cobalt Refinery Project and Prepares for Black Mass Recycling Demonstration

Electra's Study on Integrated EV Battery Materials Facility in Ontario Demonstrates Compelling Economics

Forecast breakeven date moved forward to 2022

Price target decreased to CA$10.95

Electra Battery Materials Corporation Provides Production Guidance for the Year 2023 and 2024

Electra Identifies New Mineralization in Idaho Cobalt Belt

Electra Battery Materials Corporation to Report Q2, 2022 Results on Aug 11, 2022

Electra Appoints Craig Cunningham as CFO

Electra Battery Materials Corporation Appoints Racanelli as Director of Investor Relations

Electra Drilling Intersects High Grade Cobalt, Extends Mineralization At Idaho Project

Price target decreased to CA$12.88

President recently sold CA$314k worth of stock

Electra Battery Materials Corporation Announces Departure of Ryan Snyder as Chief Financial Officer

Is Electra Battery Materials (CVE:ELBM) A Risky Investment?

Electra Battery Materials Corporation Provides Update on Refinery Construction and Commissioning

Chief Financial Officer recently sold CA$66k worth of stock

Price target increased to CA$0.62

First Cobalt Corp. Commences Drilling at Iron Creek, Wholly-Owned Cobalt-Copper Project in Idaho, USA

First Cobalt Corp. announced that it expects to receive CAD 37.5 million in funding

High number of new directors

First Cobalt Corp. Recovers Lithium, Nickel and Copper from Battery Recycling Testwork

First Cobalt Corp. Announces the Commencement of $2.5 Million Exploration Program At Its Wholly-Owned Iron Creek Cobalt-Copper Project in the United States

First Cobalt Granted U.S. Department of Energy Funding for Idaho Cobalt Project

First Cobalt Corp Announces Appointment of Cora Klein as Head of Investor Relations

Kuya Silver Corp. (CNSX:KUYA) completed the acquisition of Cobalt Camp Exploration Assets from First Cobalt Corp. (TSXV:FCC).

First Cobalt Corp. Announces That A Geophysical Survey of Its Iron Creek Cobalt-Copper Deposit in Idaho

First Cobalt Corp. Studies Battery Recycling for Nickel, Copper and Cobalt Recovery

First Cobalt Corp. Announces Executive Appointments

First Cobalt Corp. has completed a Composite Units Offering in the amount of CAD 8.5002 million.

First Cobalt Corp. Announces Joint Venture with Kuya Silver Corporation

First Cobalt Corp. Updates on Commercial Contracts and Metallurgical Test Work Relating to Its Cobalt Refinery Located in Ontario, Canada

First Cobalt Corp. Provides an Update on Its Ongoing Engineering Studies for Its Permitted Cobalt Refinery in Ontario, Canada

First Cobalt Corp. Provides an Update on its Ongoing Engineering Studies for its Permitted Cobalt Refinery in Ontario, Canada

First Cobalt Corp. announced that it has received CAD 2.51001 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation