Collective Mining Management

Management criteria checks 3/4

Collective Mining's CEO is Omar Ossma, appointed in May 2021, has a tenure of 3.33 years. total yearly compensation is $445.98K, comprised of 41% salary and 59% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth $1.61M. The average tenure of the management team and the board of directors is 3.2 years and 3.3 years respectively.

Key information

Omar Ossma

Chief executive officer

US$446.0k

Total compensation

CEO salary percentage	41.0%
CEO tenure	3.3yrs
CEO ownership	0.7%
Management average tenure	3.2yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Omar Ossma's remuneration changed compared to Collective Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$20m
Mar 31 2024	n/a	n/a	-US$20m
Dec 31 2023	US$446k	US$183k	-US$19m
Sep 30 2023	n/a	n/a	-US$18m
Jun 30 2023	n/a	n/a	-US$19m
Mar 31 2023	n/a	n/a	-US$17m
Dec 31 2022	US$341k	US$145k	-US$17m
Sep 30 2022	n/a	n/a	-US$16m
Jun 30 2022	n/a	n/a	-US$12m
Mar 31 2022	n/a	n/a	-US$19m
Dec 31 2021	US$404k	US$96k	-US$17m

Compensation vs Market: Omar's total compensation ($USD445.98K) is below average for companies of similar size in the US market ($USD1.50M).

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

CEO

Omar Ossma

3.3yrs

Tenure

US$445,983

Compensation

Mr. Omar Ossma is Chief Executive Officer and President of Collective Mining Ltd. (formerly POCML 5 Inc.) since May 2021. Mr. Ossma served as Vice President of Legal at Continental Gold Inc. since March 8,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ari Sussman	Executive Chairman	3.3yrs	US$747.97k	16.1% $ 35.5m
Omar Ossma	CEO & President	3.3yrs	US$445.98k	0.73% $ 1.6m
Paul Begin	CFO & Corporate Secretary	3.3yrs	US$595.56k	5.97% $ 13.1m
Maria Ospina	Vice President of External Affairs and Communications	1.7yrs	no data	no data
Carlos Rios	Vice President of Exploration	no data	no data	no data
Rodolfo Higuera	Vice-President of Sustainability	3.1yrs	no data	no data

3.2yrs

Average Tenure

Experienced Management: CNL's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ari Sussman	Executive Chairman	3.3yrs	US$747.97k	16.1% $ 35.5m
Ashwath Mehra	Lead Independent Director	3yrs	US$101.49k	2.04% $ 4.5m
Paul Murphy	Independent Director	3.3yrs	US$109.84k	0.50% $ 1.1m
Maria Constanza Botero	Independent Director	3.3yrs	US$101.49k	no data
Angela Orozco Gomez	Independent Non-Executive Director	less than a year	US$310.58k	no data

3.3yrs

Average Tenure

59yo

Average Age

Experienced Board: CNL's board of directors are considered experienced (3.3 years average tenure).

Collective Mining Management

Management criteria checks 3/4

Key information

Recent management updates

Collective Mining Ltd., Annual General Meeting, Jun 27, 2024

Collective Mining Announces the Retirement of Ken Thomas from Its Board of Directors

Collective Mining Ltd. Appoints Angela María Orozco Gómez as Non-Executive Director

Recent updates

Collective Mining Ltd. Announces Assays Results for Eight Diamond Drill Holes

New major risk - Financial position

Collective Mining's Geological Model and Drilling Outlines a Multi-Million Ounce Potential Target at Trap with Intercepts Including 40.85 Metres at 3.76 g/t AuEq Within 174.45 Metres at 1.19 AuEq

Collective Mining Ltd. Announces Comprehensive Airborne Geophysical Survey Covering the Guayabales Project in Caldas, Colombia

Collective Mining Expands the Box Target Area with New High-Grade Samples; Drilling Continues

Collective Mining Ltd., Annual General Meeting, Jun 27, 2024

Collective Mining Intercepts 632.25 Metres At 1.10 G/T Gold Equivalent in A 200 Metre Step-Out Hole to the South At Trap

Collective Mining Ltd. Reports High Concentrate Grades from Metallurgical Work on Apollo of 30.5% Copper, 1,280 G/T Silver and 28.7 G/T Gold

Collective Mining Announces the Retirement of Ken Thomas from Its Board of Directors

Collective Mining Ltd. Announces Assay Results for Two Holes Drilled into the Apollo Porphyry System at the Guayabales Project in Caldas, Colombia

Collective Mining Discovers High-Grade Outcropping Porphyry System At the Box Target

Collective Mining Ltd. announced that it has received CAD 18.9 million in funding

Collective Mining Ltd. announced that it expects to receive CAD 18.9 million in funding

Collective Mining Ltd. Encounters Strong Porphyry Mineralization in the Current Hole Being Drilled At Trap; Mobilizes A Second Rig

Collective Mining Ltd. Reports New Porphyry Discovery Named Olympus Deeps by Drilling 202.35 Metres @ 2.16 g/t AuEq; Also Expands Apollo with 548.9m @ 1.91 g/t AuEq

Collective Mining Ltd. Reports A Major Discovery At Trap

Collective Mining Expands Apollo to the Southwest with Its Deepest Intercept to Date Intersecting 527 Metres At 1.00 g/t Gold Equivalent Up to 1,070 Metres Below Surface

Collective Mining Ltd. Announces New Discovery At the ME Target and 2024 Exploration Plans

Collective Mining Expands Apollo to the Southwest and At Depth by Intersecting 389.45 Metres At 1.36 G/T Gold Equivalent Up to 935 Metres Below Surface

Collective Mining Ltd. Commences Drilling At the Trap Target and Assay Results for Seven Holes Drilled in the Apollo Porphyry System

Collective Mining Ltd. Appoints Angela María Orozco Gómez as Non-Executive Director

Collective Mining Ltd. Reports New Precious Metal Discovery At Its Guayabales Project by Drilling 136.45 Metres At 1.31 G/T Gold Equivalent At the Plutus Target

Collective Mining Ltd. Drills 503.25 Metres at 2.00 G/T Gold Equivalent from Surface at the Guayabales Project's Apollo System

Collective Mining Ltd. Announces Assay Results for Four Holes Drilled at the Apollo Area

Collective Mining Ltd. Announces Assay Results for Three New Diamond Holes Drilled from the Apollo Porphyry System in the Guayabales Project Located in Caldas, Colombia

Collective Mining Ltd. Reports Encouraging Channel Sampling Results from the Northern Corridor of the Plutus Porphyry Target

Collective Mining Ltd. Discovers Plutus, A New Major Porphyry Centre Located Five Hundred Metres East of the Apollo Porphyry System

Collective Mining Ltd. Announces Assay Results from Two Drill Holes Designed to Test Depth Extensions and High-Grade Mineralization Within the Apollo Porphyry System

Collective Mining Ltd. Reconnaissance Drill Program to Test Six New Targets Surrounding the Apollo Porphyry System Is Underway

Collective Mining Ltd. Drills 56.60 Metres at 10.05 g/t Gold Equivalent Within 329.75 Metres at 3.10 g/t Gold Equivalent in Step Out Drilling Along the Contact Zone and Discovers a New Vein System at Apollo

Collective Mining Drills 162.20 Metres at 3.90 g/t Gold Equivalent From Surface at the Newly Discovered Contact Zone and Expands the Strike Length of the Apollo System

Collective Mining Step-Out Drilling Intersects 601.65 Metres At 1.40 G/T Gold Equivalent and Extends the Main Breccia System At Apollo to the West and Depth

Collective Mining Step-Out Drilling Intersects 601.65 Metres At 1.40 G/T Gold Equivalent and Extends the Main Breccia System At Apollo to the West and Depth

Collective Mining Ltd. Step-Out Drilling Confirms a Significant Southern Zone of Near Surface High-Grade Mineralization Including 32 Metres at 10.48 g/t Gold Equivalent

Collective Mining Commences Its Phase II Drilling Program At Apollo

Collective Mining Drills 426 Metres at 1.51 G/T Gold Equivalent in Step-Out as Well as 47.25 Metres at 5.45 G/T Gold Equivalent Near Surface at its Bulk Tonnage Main Breccia Discovery in Colombia

Collective Mining Ltd. Announces Visual Observations from Two Additional Step-Out Holes Drilled into the Main Breccia Discovery At Apollo ("Apollo"), Which Is Located Within the Guayabales Project in Caldas, Colombia

Collective Mining Ltd. Reports Positive Preliminary Metallurgical Test Results from the Main Breccia Discovery At Apollo with Up to 97% Gold Recovery from Cyanide Leach

Collective Mining Discovers A High-Grade Copper and Molybdenum Porphyry Related Soil Anomaly 150 Metres South of the Main Breccia Discovery At Apollo

Collective Mining Ltd. Announces Assay Results from Three Additional Holes Drilled At the Apollo Target Within the Company's Guayabales Project Located in Caldas, Colombia

Collective Mining Significantly Expands the Main Breccia Discovery At Apollo and Drills Near Surface High-Grade Mineralization Including 168.6 Metres At 2.91 g/t Gold Equivalent

Collective Mining Expands 2022 Drilling Program At the Guayabales Project

Collective Mining Ltd. Provides A Drilling Update At Apollo

Collective Mining Ltd. has completed a Composite Units Offering in the amount of CAD 10.0008 million.

Collective Mining Ltd. has completed a Composite Units Offering in the amount of CAD 10.0008 million.

Collective Mining Ltd. Announces Visual Observations from Two Step Out Holes Drilled into the Apollo Target Within the Guayabales Project in Caldas, Colombia

Collective Mining Ltd. Drills its Highest-Grade Interval to Date Returning 237.70 Metres at 2.88 g/t Gold Equivalent and Expands the Dimensions of the Main Breccia Discovery at Apollo

Collective Mining Ltd. Makes its Fourth Grassroots Discovery at its Guayabales Project by Drilling 102.2 Metres at 1.53 g/t Gold Equivalent at the Trap Target

Collective Mining Ltd. Announces Visual Observations from Outcrop Mapping and Shallow Diamond Drill Hole APC-14, Confirm That the Main Breccia Discovery at the Apollo Target

Collective Mining Ltd. Announces Assay Results from Two Additional Holes Completed At the Apollo Target Within the Guayabales Project Located in Caldas, Colombia

Collective Mining Discovers New High-Grade Vein and Breccia Systems At Apollo Including 17.5 Metres At 12.79 g/t Gold and 21 g/t Silver

Collective Mining Ltd. Announces Assay Results from Two Additional Holes Completed At the Apollo Target At Guayabales Project in Caldas, Colombia

Collective Mining Ltd. Commences a Phase II Drill Program at the Olympus Target

Collective Mining Drills 207.15 Metres @ 2.68 Aueq At Its Newly Discovered Apollo Target

Collective Mining Ltd Announces Visual Observations from Three Additional Holes Completed at the Apollo Target at the Guayabales Project Located in Caldas, Colombia

Collective Mining Discovers A Broad Mineralized Zone and More High-Grade Gold and Silver Veins from Sampling At the Olympus Target; Drilling to Commence in August

Collective Mining Intercepts over 200 Metres of Mineralized Breccia in Drill Hole Apc-2 At the Apollo Target

Collective Mining Makes A Significant New Discovery At the Apollo Target by Drilling 87.8 Metres At 2.49 G/T Gold Equivalent

Collective Mining Outlines Multiple, High-Grade Vein Systems At Olympus with Assay Results from Channel Sampling of Up to 137 G/T Gold and 563 G/T Silver

Collective Mining Announces Reconnaissance Drilling Is Underway at Trap, A Newly Defined Bulk Tonnage Target Characterized by Multiple, High-Grade Vein Systems

Collective Mining Ltd. Announces High-Grade Gold and Silver Channel Sample Assay Results from Its Grassroot Generated Olympus Target Within Guayabales Project, Colombia

Collective Mining Ltd. Drills 216.7M Grading 1.08 G/T Gold Equivalent At Olympus from Near Surface and Significantly Expands the Target Area

Collective Mining Intercepts a Broad Zone of Mineralization in its Maiden Diamond Drill Hole at the Apollo Target with the Hole Still Advancing in Strong Mineralization

Collective Mining Expands its Recent Discovery at the Donut Target with Broad Intercepts from Near Surface Including 108 Metres @ 1.13 G/T Gold Equivalent

Collective Mining Induces Polarization Survey At San Antonio Outlines Significant Targets for Follow Up Drilling

Collective Mining Drills Broad Zones of Mineralization at Olympus, Assay Results Expected Shortly

Collective Mining Ltd. Announces High Resolution and Deep Penetrating Induced Polarization Survey

Collective Mining Extends the Olympus Target to the North with Assay Results from Sampling of Up to 112 g/t Gold and 544 g/t Silver

Collective Mining Ltd. Announces Underway of Drilling At the Guayabales Project, Colombia

Collective Mining Samples High Grade Gold and Silver at the Olympus Target, Guayabales Project, Colombia

CEO Compensation Analysis

CEO