Company: CENX
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001552781-25-000153
Chunk: 26

Company: CENTURY ALUMINUM CO
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 26
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ee             |      $575,606 |  23,707 |   23,707 |
| Mr.               
 Aboud             |      $421,962 |  17,379 |   17,379 |

| (a) | Represents                                                                                 
 the grant date fair value of PSU and TVSU awards, which are calculated (i) in the case     
 of PSUs, by multiplying the target number of shares awarded by the closing price of the    
 Company’s common stock on the date of grant, and (ii) in the case of TVSUs, by             
 multiplying the number of shares awarded by the closing price of the Company’s             
 common stock on the date of grant (January 1, 2024). The amounts shown reflect the closing 
 price of the Company’s common stock on December 29, 2023 (the last trading day             
 prior to the date of grant) of $12.14.                                                     |

| (b) | In                                                                                        
 connection with Mr. Bialek’s separation from the Company on March 21, 2025, his 2024-2026 
 LTIP grant was forfeited.                                                                 |

2022-2024 LTIP Results The 2022-2024 LTIP awards consisted of both TVSUs and PSUs. PSUs awarded under the 2022-2024 LTIP vested based on the Company’s TSR relative to the Industry Peer Group noted above, with fifty percent (50%) of the payout based on the Company’s relative TSR performance over a two-year period (2022-2023) and fifty percent (50%) of the payout based on relative TSR performance over a three-year period (2022-2024). The range of targets and achievement percentages with respect to TSR for the 2022-2024 PSUs was the same as was used for the 2024-2026 PSUs described above. For the 2022-2024 performance period, the Company’s TSR performance for the two-year period (2022-2023) was 95.6% of the average TSR of the Industry Peer Group, which resulted in a 91.2% payout; and the Company’s TSR performance for the three-year period (2022-2024) was 163.8% of the average TSR of the Industry Peer Group, which resulted in a 200% payout. Furthermore, the Committee elected not to use its discretion to apply the Strategic Objective Modifier to adjust the payout of the