Alamos Gold Management

Management criteria checks 3/4

Alamos Gold's CEO is John McCluskey, appointed in Feb 2003, has a tenure of 21.75 years. total yearly compensation is $4.26M, comprised of 17.7% salary and 82.3% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth €17.99M. The average tenure of the management team and the board of directors is 8.8 years and 7.8 years respectively.

Key information

John McCluskey

Chief executive officer

US$4.3m

Total compensation

CEO salary percentage	17.7%
CEO tenure	21.8yrs
CEO ownership	0.2%
Management average tenure	8.8yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John McCluskey's remuneration changed compared to Alamos Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$244m
Jun 30 2024	n/a	n/a	US$199m
Mar 31 2024	n/a	n/a	US$204m
Dec 31 2023	US$4m	US$756k	US$210m
Sep 30 2023	n/a	n/a	US$204m
Jun 30 2023	n/a	n/a	US$163m
Mar 31 2023	n/a	n/a	US$94m
Dec 31 2022	US$4m	US$711k	US$37m
Sep 30 2022	n/a	n/a	US$26m
Jun 30 2022	n/a	n/a	US$53m
Mar 31 2022	n/a	n/a	-US$126m
Dec 31 2021	US$3m	US$718k	-US$67m
Sep 30 2021	n/a	n/a	-US$19m
Jun 30 2021	n/a	n/a	US$24m
Mar 31 2021	n/a	n/a	US$208m
Dec 31 2020	US$3m	US$612k	US$144m
Sep 30 2020	n/a	n/a	US$105m
Jun 30 2020	n/a	n/a	US$55m
Mar 31 2020	n/a	n/a	US$67m
Dec 31 2019	US$3m	US$641k	US$96m
Sep 30 2019	n/a	n/a	-US$13m
Jun 30 2019	n/a	n/a	-US$24m
Mar 31 2019	n/a	n/a	-US$56m
Dec 31 2018	US$3m	US$618k	-US$73m
Sep 30 2018	n/a	n/a	-US$6m
Jun 30 2018	n/a	n/a	US$16m
Mar 31 2018	n/a	n/a	US$27m
Dec 31 2017	US$4m	US$586k	US$27m

Compensation vs Market: John's total compensation ($USD4.26M) is above average for companies of similar size in the German market ($USD3.27M).

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

CEO

John McCluskey (64 yo)

21.8yrs

Tenure

US$4,260,499

Compensation

Mr. John A. McCluskey has been the President and Chief Executive Officer of Alamos Gold, Inc., since November 2003 and February 2003 respectively. He has been a Non-Independent Director of Alamos Gold, Inc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John McCluskey	President	21.8yrs	US$4.26m	0.24% € 18.0m
Greg Fisher	Chief Financial Officer	1.5yrs	US$1.14m	0.0092% € 705.5k
Luc Guimond	Chief Operating Officer	2.2yrs	US$1.49m	0.0062% € 469.6k
Nils Frederik Engelstad	Senior VP & General Counsel	9.5yrs	US$1.02m	0.0063% € 481.8k
Christopher Bostwick	Senior Vice President of Technical Services	9.3yrs	US$1.03m	0.014% € 1.0m
Scott Parsons	Senior Vice President of Corporate Development & Investor Relations	9.3yrs	no data	0.014% € 1.1m
Rebecca Thompson	Vice President of Public Affairs	5.1yrs	no data	0.0026% € 200.0k
Nicole Lichowit	Vice President of Human Resources	1.8yrs	no data	0.00013% € 9.9k
Luis Chavez-Martinez	Senior Vice President of Mexico	9.3yrs	US$937.66k	0.022% € 1.7m
Colin Webster	Vice President of Sustainability & External Affairs	8.8yrs	no data	0.0066% € 503.2k
Scott R. Parsons	Vice President of Exploration	4.2yrs	no data	0.0019% € 148.1k
Nathan Bourgeault	Chief Engineer of Island Gold	no data	no data	no data

8.8yrs

Average Tenure

62yo

Average Age

Experienced Management: 1AL's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John McCluskey	President	28.3yrs	US$4.26m	0.24% € 18.0m
Monique Mercier	Independent Director	5.5yrs	US$199.07k	0.00062% € 47.3k
John Prichard	Independent Director	5.5yrs	US$206.16k	0.015% € 1.2m
Shaun Usmar	Independent Director	1.5yrs	US$105.57k	no data
Tony Giardini	Director	less than a year	no data	no data
Elaine Ellingham	Independent Director	6.5yrs	US$195.98k	0.0060% € 459.6k
David Gower	Independent Director	15.5yrs	US$196.75k	0.0039% € 300.1k
Claire M. Kennedy	Independent Director	9yrs	US$208.99k	0.0023% € 172.6k
Paul Murphy	Independent Chairman of the Board	14.8yrs	US$299.97k	0.0073% € 555.8k
David Fleck	Independent Director	10.7yrs	US$199.21k	no data

7.8yrs

Average Tenure

64yo

Average Age

Experienced Board: 1AL's board of directors are considered experienced (7.8 years average tenure).

Alamos Gold Management

Management criteria checks 3/4

Key information

Recent management updates

Alamos Gold Inc. Announces Management Appointments

Alamos Gold Inc., Annual General Meeting, May 23, 2024

Independent Director recently sold €167k worth of stock

Alamos Gold Inc. Announces Board Changes

Insider recently sold €53k worth of stock

Insider recently sold €56k worth of stock

Recent updates

Third quarter 2024 earnings released: EPS: US$0.20 (vs US$0.099 in 3Q 2023)

Alamos Gold Inc. Provides Production Guidance for the Fourth Quarter of 2024

Alamos Gold Inc. to Report Q3, 2024 Results on Nov 06, 2024

Alamos Gold Inc. Provides Production Guidance for the Full Year 2024

Investor sentiment improves as stock rises 15%

Alamos Gold Inc. Announces Management Appointments

Alamos Gold Inc. Reports Results of Positive Internal Economic Study Completed on its Puerto Del Aire Project Within the Mulatos District in Sonora, Mexico

Alamos Gold Inc. Expands High-Grade Mineralization at Puerto Del Aire and Defines Multiple New High-Grade Zones at Cerro Pelon Supporting Significant Upside Potential Within the PDA Project

Second quarter dividend of US$0.025 announced

Alamos Gold Inc. Declares Quarterly Dividend, Payable on September 26, 2024

Alamos Gold Inc. Provides Production Guidance for the Full Year 2024

Second quarter 2024 earnings released: EPS: US$0.18 (vs US$0.19 in 2Q 2023)

Alamos Gold Inc. Reports New Results from Underground and Surface Drilling At the Island Gold Mine

New minor risk - Shareholder dilution

Alamos Gold Inc. to Report Q2, 2024 Results on Jul 31, 2024

Now 22% undervalued

First quarter dividend of US$0.025 announced

Alamos Gold Inc. Declares Quarterly Dividend, Payable on June 27, 2024

Alamos Gold Intersects Higher-Grade Mineralization Within A New Zone Near Existing Infrastructure At Young-Davidson

Alamos Gold Inc. Provides Production Guidance for the Second Quarter, First Half and Full Year of 2024 and for the Year 2026

First quarter 2024 earnings released: EPS: US$0.11 (vs US$0.12 in 1Q 2023)

New minor risk - Shareholder dilution

Alamos Gold Inc. (TSX:AGI) completed the acquisition of remaining 72.5% stake in Orford Mining Corporation (TSXV:ORM).

Alamos Gold Inc. (TSX:AGI) entered into a definitive agreement to acquire Argonaut Gold Inc. (TSX:AR) for approximately CAD 380 million.

Alamos Gold Inc. (TSX:AGI) entered into a definitive agreement to acquire Argonaut Gold Inc. (TSX:AR) for approximately CAD 380 million.

Alamos Gold Inc., Annual General Meeting, May 23, 2024

Upcoming dividend of US$0.025 per share

Fourth quarter dividend of US$0.025 announced

Alamos Gold Inc. Declares Quarterly Dividend, Payable on March 28, 2024

Alamos Gold Inc. Provides Production Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$0.53 (vs US$0.095 in FY 2022)

Alamos Gold Inc. Reports New Results from Underground Exploration Drilling At the Island Gold Mine

New major risk - Revenue and earnings growth

Alamos Gold Inc. to Report Q4, 2023 Results on Feb 21, 2024

Alamos Gold Inc. (TSX:AGI) entered into a definitive agreement to acquire remaining 72.19667% stake in Orford Mining Corporation (TSXV:ORM) for CAD 15.4 million.

Alamos Gold Inc. Revises Production Guidance for the Year 2023

Upcoming dividend of US$0.025 per share at 0.7% yield

Alamos Gold Inc. Declares Quarterly Dividend, Payable on December 20, 2023

Alamos Gold Inc. Reports New Results from its Near Mine and Regional Exploration Drilling Program at Island Gold

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: US$0.10 (vs US$0.004 loss in 3Q 2022)

Alamos Gold Inc. Revises Production Guidance for the Year 2023

Alamos Gold Inc. to Report Q3, 2023 Results on Oct 25, 2023

Alamos Gold Inc. Announces Ongoing Exploration Success At Mulatos Including Expanding High-Grade Mineralization At Puerto Del Aire and Intersecting Wide Intervals of Significant Gold Mineralization At Capulin Target

Upcoming dividend of US$0.025 per share at 0.8% yield

Alamos Gold Inc. Declares Quarterly Dividend, Payable on September 28, 2023

Alamos Gold Inc. Announces Updated Feasibility Study for the Lynn Lake Project

Alamos Gold Inc. Reports New Results from Its Ongoing Exploration Program on the Lynn Lake Project in Manitoba, Canada

Second quarter 2023 earnings released: EPS: US$0.19 (vs US$0.016 in 2Q 2022)

Alamos Gold Inc. Provides Production Guidance for the Year 2023

Alamos Gold Inc. to Report Q2, 2023 Results on Jul 26, 2023

Alamos Gold Continues to Extend High-Grade Gold Mineralization At Island Gold, Including Within Hanging Wall and Footwall Zones in Proximity to Existing Infrastructure

Now 21% undervalued

Independent Director recently sold €167k worth of stock

Alamos Gold Inc. Declares Quarterly Dividend, Payable on June 29, 2023

Alamos Gold Inc. Announces Board Changes

Alamos Gold Inc. (TSX:AGI) completed the acquisition of remaining 81% stake in Manitou Gold Inc. (TSXV:MTU).

Now 20% undervalued

First quarter 2023 earnings released: EPS: US$0.12 (vs US$0.022 loss in 1Q 2022)

Insider recently sold €53k worth of stock

Upcoming dividend of US$0.025 per share at 1.0% yield

Full year 2022 earnings released: EPS: US$0.095 (vs US$0.17 loss in FY 2021)

Alamos Gold Inc. to Report Fiscal Year 2022 Results on Feb 22, 2023

Alamos Gold Inc. Revises Production Guidance for the Years 2023 and 2024 and Provides Production Guidance for the Year 2025

Insider recently sold €56k worth of stock

President recently sold €96k worth of stock

Alamos Gold Inc. Extends High-Grade Gold Mineralization Laterally and at Depth at Island Gold, Including within Sub-Parallel Zones in Proximity to Existing Infrastructure

Upcoming dividend of US$0.025 per share

Alamos Gold Inc. Declares A Quarterly Dividend, Payable on December 20, 2022