Filo Management

Management criteria checks 3/4

Filo's CEO is Jamie Beck, appointed in Sep 2019, has a tenure of 4.67 years. total yearly compensation is CA$2.79M, comprised of 15% salary and 85% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth €5.38M. The average tenure of the management team and the board of directors is 2.7 years and 3.7 years respectively.

Key information

Jamie Beck

Chief executive officer

CA$2.8m

Total compensation

CEO salary percentage	15.0%
CEO tenure	4.7yrs
CEO ownership	0.2%
Management average tenure	2.7yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jamie Beck's remuneration changed compared to Filo's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$115m
Sep 30 2023	n/a	n/a	-CA$104m
Jun 30 2023	n/a	n/a	-CA$101m
Mar 31 2023	n/a	n/a	-CA$84m
Dec 31 2022	CA$3m	CA$417k	-CA$69m
Sep 30 2022	n/a	n/a	-CA$56m
Jun 30 2022	n/a	n/a	-CA$45m
Mar 31 2022	n/a	n/a	-CA$36m
Dec 31 2021	CA$2m	CA$350k	-CA$32m
Sep 30 2021	n/a	n/a	-CA$28m
Jun 30 2021	n/a	n/a	-CA$21m
Mar 31 2021	n/a	n/a	-CA$17m
Dec 31 2020	CA$833k	CA$297k	-CA$19m
Sep 30 2020	n/a	n/a	-CA$24m
Jun 30 2020	n/a	n/a	-CA$24m
Mar 31 2020	n/a	n/a	-CA$28m
Dec 31 2019	CA$615k	CA$165k	-CA$29m
Sep 30 2019	n/a	n/a	-CA$27m
Jun 30 2019	n/a	n/a	-CA$27m
Mar 31 2019	n/a	n/a	-CA$27m
Dec 31 2018	CA$281k	CA$113k	-CA$29m
Sep 30 2018	n/a	n/a	-CA$27m
Jun 30 2018	n/a	n/a	-CA$26m
Mar 31 2018	n/a	n/a	-CA$24m
Dec 31 2017	CA$433k	CA$118k	-CA$19m

Compensation vs Market: Jamie's total compensation ($USD2.02M) is about average for companies of similar size in the German market ($USD1.61M).

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

CEO

Jamie Beck (45 yo)

4.7yrs

Tenure

CA$2,785,875

Compensation

Mr. James Beck, also known as Jamie, P.Eng., MBA, B.A.Sc., serves as Chief Executive Officer and Director at Filo Mining Corporation since June 19, 2020. He serves as Consultant at Josemaria Resources Inc....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Beck	President	4.7yrs	CA$2.79m	0.24% CA$ 5.4m
Ian Gibbs	Chief Financial Officer	1.7yrs	CA$1.23m	no data
Arndt Brettschneider	Vice President of Operations & Projects	2.3yrs	CA$1.12m	no data
Trevor D'Sa	Vice President of Corporate Development & Investor Relations	2.9yrs	CA$3.41m	0.028% CA$ 619.4k
Robert Carmichael	Vice President of Exploration	7.8yrs	CA$1.33m	0.31% CA$ 6.8m
Judy McCall	Corporate Secretary	2.5yrs	no data	no data

2.7yrs

Average Tenure

54yo

Average Age

Experienced Management: Z94's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Beck	President	3.9yrs	CA$2.79m	0.24% CA$ 5.4m
Ronald Hochstein	Director	1.7yrs	CA$695.56k	0.0075% CA$ 164.6k
Peter O'Callaghan	Independent Director	1.2yrs	no data	0.0015% CA$ 33.6k
Carmel Daniele	Independent Director	3.7yrs	CA$314.71k	no data
Wojtek Wodzicki	Independent Director	8yrs	CA$322.21k	0.74% CA$ 16.2m
Adam Lundin	Chairman of the Board	6.7yrs	CA$323.71k	0.88% CA$ 19.4m
Joyce Ngo	Independent Director	1.2yrs	no data	0.0016% CA$ 35.4k
William A. Lundin	Non-Independent Director	1.9yrs	CA$821.36k	0.099% CA$ 2.2m
Erin Johnston	Independent Director	3.9yrs	CA$320.71k	0.0087% CA$ 190.7k

3.7yrs

Average Tenure

50yo

Average Age

Experienced Board: Z94's board of directors are considered experienced (3.7 years average tenure).

Filo Management

Management criteria checks 3/4

Key information

Recent management updates

Filo Corp., Annual General Meeting, Jun 21, 2024

Insider recently sold €284k worth of stock

Independent Director recently sold €366k worth of stock

President recently sold €817k worth of stock

Non-Independent Director recently sold €96k worth of stock

Non-Independent Director recently sold €418k worth of stock

Recent updates

New major risk - Financial position

New minor risk - Insider selling

Filo Corp. Announces Assay Results from Holes FSDH093 and FSDH094 from the Filo Del Sol Project in San Juan, Argentina

New minor risk - Share price stability

Filo Corp. to Report Q3, 2024 Results on Nov 08, 2024

Filo Corp., Annual General Meeting, Jun 21, 2024

Filo Corp. to Report Q2, 2024 Results on Aug 09, 2024

Filo Corp. Announces 2024 Exploration Plans

Insider recently sold €284k worth of stock

Filo Corp. Announces Assay Results from HolesFSDH086, FSDH089 and FSDH095 from the Filo Del Sol Project in San Juan, Argentina

New major risk - Revenue and earnings growth

Filo Corp. Discovers New High-Grade Zone At Bonita

Filo Corp. Fills the Gap Between Aurora and Bonita - Reports 1,430M At 0.55% CuEq

Filo Corp. Announces Assay Results from Hole FSDH084 Testing the Aurora Zone Along with a Summary of the Recent Geotechnical Drilling Program at the Filo Del Sol Project in San Juan, Argentina

Filo Corp. Extends Aurora 260M Northeast with 1,131m at 0.57% CuEq; Expands Bonita 700m East with 879m at 0.47% CuEq

Filo Corp. Announces Assay Results from Two Holes Testing the Aurora and Filo Zones At the Filo Del Sol Project in San Juan, Argentina

New minor risk - Insider selling

Independent Director recently sold €366k worth of stock

Filo Mining Corp. announced that it has received CAD 130.000012 million in funding from Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L., BHP Western Mining Resources International Pty Ltd, Lundin Family Trusts

Filo Mining Corp. announced that it expects to receive CAD 100.000011 million in funding from BHP Western Mining Resources International Pty Ltd, Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L.

Filo Mining Corp. announced that it expects to receive CAD 100.000011 million in funding from Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L., BHP Western Mining Resources International Pty Ltd, Lundin Family Trusts

Filo Mining Corp. Announces Assay Results from Holes Testing Four Different Zones At the Filo Del Sol Project in San Juan, Argentina

President recently sold €817k worth of stock

Filo Mining Corp. Announces Assay Results at Filo Del Sol Project in San Juan, Argentina

Non-Independent Director recently sold €96k worth of stock

Non-Independent Director recently sold €418k worth of stock

Filo Mining Reports 1,028M At 1.16% Cueq, Including 172M At 2.14% Cueq

Vice President of Exploration recently bought €55k worth of stock

Filo Mining Reports 1,356m at 1.09% CuEq, Including 424m at 1.54% CuEq

High number of new directors

High number of new directors

Filo Mining Reports 1,132m at 1.11% CuEq in the Aurora Zone

High number of new directors

Filo Mining Corp. Announces Board Changes

President recently sold €366k worth of stock

Filo Mining Corp. Announces Executive Changes

President recently sold €295k worth of stock

Filo Mining Corp. Announces Results from Two Holes At the Filo Del Sol Project in San Juan, Argentina

Filo Mining Corp. Announces Drilling Campaign ExtFilo Mining Corp. ends High-Grade Mineralization and Discovers New Porphyry Centre

High number of new directors

High number of new directors

Filo Mining Corp. Announces Board Changes

Filo Mining Discovers New Porphyry Centre Two Kilometres Northeast of Breccia 41

Insider recently bought €61k worth of stock

Filo Mining Corp. Reports 1,338M of 1.33% Cueq, Including 24M of 13.30% Cueq

Filo Mining Corp. Announces Assay Results from the Ongoing Drill Program at the Filo Del Sol Project

Filo Mining Corp. Provides Assay Results from Hole FSDH057

Less than half of directors are independent

Filo Mining Corp. Provides Updated Assay Results from Three Drill Holes

Filo Mining Corp., Annual General Meeting, Jun 23, 2022

Filo Mining Corp. announced that it expects to receive CAD 100.0065 million in funding from BHP Billiton Western Mining Resources International Pty Ltd

Insider recently bought €54k worth of stock

Filo Mining Reports 1,224m at 1.26% CuEq, Extends One of the High-Grade Breccias at Filo del Sol

Filo Mining Reports 64m at 1,214 g/t Silver at Filo del Sol

Independent Director recently sold €333k worth of stock

Insider recently bought €9.0k worth of stock

Insider recently bought €9.0k worth of stock

Insider recently bought €23k worth of stock

Filo Mining Resumes Drilling At Filo Del Sol

Insider recently bought €23k worth of stock

Filo Mining Corp. Announces Additional Drill Results from the Filo del Sol Project in San Juan Province, Argentina

Filo Mining Corp. Discovers New Gold Zone and Extends Silver Zone by 600M North

Filo Mining Reports 1,081m at 0.88% CuEq; including 352m at 1.16% CuEq at Filo del Sol

Filo Mining Corp. Announces the Discovery of Significant New Zone of High-Grade Copper, Gold and Silver Mineralization at the Filo Del Sol Project

Chief Financial Officer recently sold €169k worth of stock

Filo Mining Corp. Announces 2020/2021 Campaign Underway to Drill Test Recently Developed Exploration Target

New 90-day high: €1.42

Filo Mining Corp. to Report Q2, 2021 Results on Aug 13, 2021

Filo Mining Corp. Provides Update on Drilling