First Hydrogen Management

Management criteria checks 1/4

First Hydrogen's CEO is Balraj Mann, appointed in Jan 2007, has a tenure of 17.83 years. directly owns 2.26% of the company’s shares, worth €389.10K. The average tenure of the management team and the board of directors is 2.4 years and 1.8 years respectively.

Key information

Balraj Mann

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	17.8yrs
CEO ownership	2.3%
Management average tenure	2.4yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Balraj Mann's remuneration changed compared to First Hydrogen's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$10m
Mar 31 2024	n/a	n/a	-CA$11m
Dec 31 2023	n/a	n/a	-CA$11m
Sep 30 2023	n/a	n/a	-CA$12m
Jun 30 2023	n/a	n/a	-CA$13m
Mar 31 2023	CA$480k	CA$480k	-CA$14m
Dec 31 2022	n/a	n/a	-CA$14m
Sep 30 2022	n/a	n/a	-CA$14m
Jun 30 2022	n/a	n/a	-CA$10m
Mar 31 2022	CA$425k	CA$300k	-CA$9m
Dec 31 2021	n/a	n/a	-CA$9m
Sep 30 2021	n/a	n/a	-CA$5m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	CA$83k	CA$83k	-CA$2m

Compensation vs Market: Insufficient data to establish whether Balraj's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Balraj's compensation has increased whilst the company is unprofitable.

CEO

Balraj Mann (69 yo)

17.8yrs

Tenure

CA$480,000

Compensation

Mr. Balraj S. Mann, B.A., CA, CPA has been the Chief Executive Officer and President at QMC Quantum Minerals Corp since 2008. Mr. Mann has been the Chief Executive Officer of First Hydrogen Corp. (formerly...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Balraj Mann	CEO, President & Chairman	17.8yrs	CA$480.00k	2.26% € 389.1k
Edward Low	Interim-CFO & Corporate Secretary	less than a year	no data	1.23% € 211.0k
Stephen Pendrey	Chief Engineer of Vehicle Program	2.6yrs	no data	no data
Manuel Tolosa	Head of Powertrain Engineering of First Hydrogen Limited	2.4yrs	no data	no data
Allan Rushforth	Chief Commercial Officer for Automotive Division at First Hydrogen Limited	2.3yrs	no data	no data
Afke Schipstra	Chief Operational Officer of First Hydrogen Limited	2.3yrs	no data	no data
Carlos D'Amicis	Chief Financial Officer of First Hydrogen Limited	2.4yrs	no data	no data

2.4yrs

Average Tenure

Experienced Management: FIT's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Balraj Mann	CEO, President & Chairman	17.3yrs	CA$480.00k	2.26% € 389.1k
Barry Hartley	Independent Director	4.4yrs	CA$18.00k	no data
Nancy Zhao	Director	less than a year	CA$42.00k	no data
Peter Williams	Director of First Hydrogen UK	2.7yrs	CA$6.85k	no data
Francois Morin	Director	less than a year	no data	no data
Navjot Dosanjh	Independent Director	less than a year	no data	no data

1.8yrs

Average Tenure

56yo

Average Age

Experienced Board: FIT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

First Hydrogen Management

Management criteria checks 1/4

Key information

Recent management updates

First Hydrogen Corp. Announces Director Changes

Less than half of directors are independent

First Hydrogen Corp. Appoints Edward Low as Interim-CFO

First Hydrogen Corp., Annual General Meeting, Nov 14, 2023

First Hydrogen Corp. Announces Resignation of Nicholas Wrigley from the Board of Directors

First Hydrogen Corp. Appoints Rob Campbell as CEO

Recent updates

New major risk - Financial position

First Hydrogen's Vehicle Trials Commence with Wales & West Utilities

First Hydrogen Corp. Announces Director Changes

First Hydrogen Corp. Announces New Electric Vehicle Availability Standard

First Hydrogen Corp. Launches FCEV Vehicle Program in North America

Less than half of directors are independent

First Hydrogen Corp. Appoints Edward Low as Interim-CFO

New minor risk - Market cap size

First Hydrogen Corp., Annual General Meeting, Nov 14, 2023

New major risk - Financial position

First Hydrogen Corp. Announces Opening Up of Hydrogen's Hydrogen-Fuel-Cell Powered Parcel Vehicle Trials

First Hydrogen Corp. Reports Successful Completion of the First Two Trials of the Company's Hydrogen-Fuel-Cell Powered Vehicle

First Hydrogen Corp. Announces Resignation of Nicholas Wrigley from the Board of Directors

First Hydrogen Corp. Commences Trials with UK Utility SSE

First Hydrogen Corp. announced that it expects to receive CAD 5 million in funding

First Hydrogen Corp. Reveals Next Generation Zero Emission LCV

First Hydrogen Corp. Showcases Its Hydrogen Fuel Cell-Powered Light Commercial Vehicles

First Hydrogen Corp.'S First Hydrogen Vans Receive Road Certification

First Hydrogen Corp. Announces First Hydrogen Vehicles Complete Commissioning Trials and Increased Fleet Operator Interest

First Hydrogen Corp. Appoints Rob Campbell as CEO

First Hydrogen Corp. Appoints Afkenel Schipstra as Chief Operational Officer of First Hydrogen Limited

First Hydrogen Corp. Appoints Allan Rushforth as Chief Commercial Officer

First Hydrogen Corp. Appoints Manuel Tolosa as Head of Powertrain Engineering

First Hydrogen Corp., Annual General Meeting, Aug 16, 2022

First Hydrogen Corp. Announces First Hydrogen Vehicle Testing to Commence

First Hydrogen Corp. announced that it expects to receive CAD 5.999999 million in funding

First Hydrogen Corp. Announces the Appointment of Stephen Pendrey as Chief Engineer - Vehicle Program for its Automotive Division

First Hydrogen Corp. Appoints Peter Williams as A Non-Executive Director of First Hydrogen UK

First Hydrogen Corp. Appoints Peter Williams as A Non-Executive Director of First Hydrogen UK

First Hydrogen Corp. Announces its' Subsidiary First Hydrogen Limited Enters into a Research and Collaboration Agreement for an Initial 5- Year Period with the University of Cambridge

First Hydrogen Corp. Appoints Nicholas Wrigley as Chairman and Director of First Hydrogen UK Limited

Pure Extraction Corp. announced that it has received CAD 3 million in funding

Pure Extraction Corp. announced that it expects to receive CAD 3 million in funding

Pure Extraction Corp. announced that it expects to receive CAD 5 million in funding

New 90-day high: €0.30

Pure Extraction Corp., Annual General Meeting, Dec 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age