Serabi Gold Management

Management criteria checks 4/4

Serabi Gold's CEO is Mike Hodgson, appointed in Aug 2007, has a tenure of 16.67 years. total yearly compensation is $318.43K, comprised of 87% salary and 13% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth $58.04K. The average tenure of the management team and the board of directors is 16.7 years and 4 years respectively.

Key information

Mike Hodgson

Chief executive officer

US$318.4k

Total compensation

CEO salary percentage	87.0%
CEO tenure	16.7yrs
CEO ownership	0.09%
Management average tenure	16.7yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Hodgson's remuneration changed compared to Serabi Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	US$5m
Jun 30 2023	n/a	n/a	US$2m
Mar 31 2023	n/a	n/a	-US$1m
Dec 31 2022	US$318k	US$277k	-US$983k
Sep 30 2022	n/a	n/a	US$1m
Jun 30 2022	n/a	n/a	US$6m
Mar 31 2022	n/a	n/a	US$10m
Dec 31 2021	US$357k	US$274k	US$10m
Sep 30 2021	n/a	n/a	US$7m
Jun 30 2021	n/a	n/a	US$10m
Mar 31 2021	n/a	n/a	US$8m
Dec 31 2020	US$329k	US$237k	US$7m
Sep 30 2020	n/a	n/a	US$8m
Jun 30 2020	n/a	n/a	US$6m
Mar 31 2020	n/a	n/a	US$3m
Dec 31 2019	US$407k	US$235k	US$4m
Sep 30 2019	n/a	n/a	-US$174k
Jun 30 2019	n/a	n/a	-US$4m
Mar 31 2019	n/a	n/a	-US$4m
Dec 31 2018	US$467k	US$237k	-US$6m
Sep 30 2018	n/a	n/a	-US$4m
Jun 30 2018	n/a	n/a	-US$2m
Mar 31 2018	n/a	n/a	-US$2m
Dec 31 2017	US$463k	US$221k	-US$2m

Compensation vs Market: Mike's total compensation ($USD318.43K) is below average for companies of similar size in the US market ($USD670.12K).

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

CEO

Mike Hodgson (62 yo)

16.7yrs

Tenure

US$318,426

Compensation

Mr. Michael Jonathan Hodgson, also known as Mike, BSc, MSc, CEng, FIMM, has been the Chief Executive Officer of Serabi Gold plc (a/k/a Serabi Mining Plc) since August 29, 2007 and served as its President....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Hodgson	CEO & Executive Director	16.7yrs	US$318.43k	0.093% $ 58.0k
Clive Line	CFO, Finance Director	19.3yrs	US$227.88k	0.10% $ 63.2k
Helio Tavares	Director of Operations & Projects – Brazil	2.4yrs	no data	no data
Lucimar Martins	Director of Finance & Administration – Brazil	no data	no data	no data
Andrew Khov	VP of Investor Relations & Business Development	no data	no data	no data
Rogerio Alves	Exploration Manager	no data	no data	no data

16.7yrs

Average Tenure

Experienced Management: SRBI.F's management team is seasoned and experienced (16.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Hodgson	CEO & Executive Director	17.2yrs	US$318.43k	0.093% $ 58.0k
Clive Line	CFO, Finance Director	19.1yrs	US$227.88k	0.10% $ 63.2k
Luis de Azevedo	Independent Non Executive Director	4yrs	US$33.77k	no data
Mark Sawyer	Non-Independent Non-Executive Director	6.1yrs	US$24.55k	no data
Michael Lynch-Bell	Independent Non-Executive Chairman	1.7yrs	US$44.61k	no data
Deborah Gudgeon	Independent Non-Executive Director	less than a year	no data	no data
Carolina Margozzini Checci	Non-Independent Non-Executive Director	1.3yrs	no data	no data

4.0yrs

Average Tenure

62yo

Average Age

Experienced Board: SRBI.F's board of directors are considered experienced (4 years average tenure).

Serabi Gold Management

Management criteria checks 4/4

Key information

Recent management updates

Serabi Gold plc, Annual General Meeting, Jun 13, 2024

Serabi Gold plc Appoints Deborah Gudgeon as Non-Executive Director

Serabi Gold plc Announces the Appointment of Carolina Margozzini as a Non-Executive Director

Serabi Gold plc Announces Executive Changes

Serabi Gold plc Announces Resignation of Sean Harvey from its Board

Recent updates

Serabi Gold plc, Annual General Meeting, Jun 13, 2024

Serabi Gold plc Announces Three Year Renewal of the Trial Mining Licence for Its Wholly Owned Coringa Mine

Serabi Gold plc Provides Production Guidance for the Full Year 2024

Serabi Gold plc Provides Update on Matilda Copper Project - Exploration Results Confirm Project Potential

Serabi Gold plc Provides Greenfield Exploration Update from its Activities in its Palito Complex Regional Tenements in the Tapajos Region of Para State, Northern Brazil

Serabi Gold Updates Mineral Reserve Estimates for its Palito Complex

Serabi Gold Inc. Announces Updated Mineral Resource Estimate for Palito Complex

Serabi Gold plc Provides an Exploration Update from Its Palito Mine in the Tapajos Region of Para State, Northern Brazil

Serabi Gold plc Appoints Deborah Gudgeon as Non-Executive Director

Serabi Gold plc Provides Production Guidance for the Calendar Year 2023

Serabi Gold plc Announces the Appointment of Carolina Margozzini as a Non-Executive Director

Serabi Gold plc Provides Production Guidance for the Year of 2023

Serabi Gold plc Provides Exploration Update from Its Palito Mine in the Tapajos Region of Para State, Northern Brazil

Serabi Gold plc Provides Update on Coringa Licencing

Serabi Gold plc Provides an Update from Its Operations in the Tapajos Region of Para State, Northern Brazil

Serabi Gold plc Announces Executive Changes

Serabi Gold plc Updates Market on Successful Maiden Drill Programme of Matilda Prospect Within the Palito Complex in the Tapajos Region of Para State, Northern Brazil

Serabi Gold plc Provides Production Guidance for the Fiscal Year 2022

Serabi Gold plc Reports Further Positive Results from Its Coringa Development Project in the Tapajos Region of Para State, Northern Brazil

Serabi Gold plc Provides Production Update

Serabi Gold plc Announces Resignation of Sean Harvey from its Board

Serabi Gold plc Provides Update on Its Production at the Palito Complex, Development

Serabi Gold plc Provides Production Guidance for the Full Year 2022

Serabi Gold plc to Report Q3, 2022 Results on Nov 30, 2022

Serabi Gold plc Announces Airborne Survey from Sao Domingos Delineates Continuation of Significant Magnetic Feature and Enhance Structural Understanding

Serabi Gold plc Announces First Orebody Intersected at Coringa Mine Development

Serabi Gold plc Provides Assay Results from Recent Surface and Underground Exploration Drillholes into the Chico Da Santa Sector, as Well as the First Results into Pele Sector At the Palito Gold Mine, Para State, Northern Brazil

Serabi Gold plc Provides Assay Results from Recent Drillholes and Historical Holes Previously Unlogged into the Recently Identified Gabi Vein, Which Lies Just Outside the Current Sao Chico Mine Workings, At Its Palito Complex, Para State, Northern Brazil

Serabi Gold plc Updates the Market on Exploration Sampling and Ongoing Drilling from the São Domingos Project

Serabi Gold plc Provides Production Guidance for the Full Year 2021

Serabi Gold plc Updates the Market on Exploration Drilling Results from the Toucano Zone at the Sao Domingos Project

Serabi Gold Announces Successful High-Grade Exploration Drilling Extends the Newly Developed Mogno and Ipe Lodes At Depth and Potentially Along Strike

Serabi Gold plc has completed a Follow-on Equity Offering in the amount of £12.4875 million.

Serabi Gold plc Announces Further Positive Results from Its Ongoing Regional Exploration Activity at Its Calico Target

Serabi Gold plc Announces First Exploration Drilling Results At the Recently Acquired Sao Domingos Project

Serabi Gold plc (AIM:SRB) acquired Sao Domingos Exploration License from Brazil Americas Investments & Participation Mineração Ltda. for $0.1 million.

Serabi Gold plc (AIM:SRB) acquired Additional 946 Hectares of exploration Tenement of Lara Exploration from Lara Exploration Ltd. (TSXV:LRA).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age