Company: CENX
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001552781-25-000153
Chunk: 13

Company: CENTURY ALUMINUM CO
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 13
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 performance goals and/or linked to the value of our stock price (83% of 2024 target compensation was “at risk” for our CEO and on average 67% for our other NEOs); |

| • | Linking                                                                                      
 payouts under a large portion of our long-term incentive awards to the Company’s             
 TSR relative to our Industry Peer Group (60% of the 2024 target value of long-term incentive 
 awards for our CEO and 50% of the 2024 target value of long-term incentive awards for        
 our other NEOs); and                                                                         |

| • | Linking                                                                                    
 payouts under our annual incentive awards to the achievement of pre-established financial, 
 operational and safety performance targets (70% weighting) and individual performance      
 targets for each named executive officer (30% weighting).                                  |

We believe 2024 compensation outcomes for our NEOs were aligned with the Company’s overall performance as evidenced by:

| • | Performance                                                                               
 at 106% of target under the financial, operational and safety metrics component of our    
 2024 Annual Incentive Plan (AIP) reflecting strong operational performance and management 
 execution.                                                                                |

| • | The                                                                                   
 vesting of our 2022-2024 performance share units (“PSUs”) at 145.6% of target,        
 reflecting superior relative TSR performance compared to our 2024 Industry Peer group 
 due, in part, to realization of the long-term benefits of the Company’s strategic     
 plan.                                                                                 |

| 2025            
 Proxy Statement | 28 |

Compensation Discussion and Analysis Compensation Program Structure We are committed to developing and implementing an executive compensation program that seeks to directly align the interestsof our NEOs with the long-term interests of our stockholders. To that end, the objectives of the Company’s executive compensation program are to attract, retain and motivate talented executive officers who will improve the company’s performance and provide long-term strategic leadership. The majority of targeted total compensation for our NEOs is equity-based, vests over multiple years and is tied directly to long-term value creation for shareholders. NEO compensation is comprised of three primary components: Century’s executive compensation program is designed to strengthen the link between pay and performance by having a significant portion of total executive compensation tied to the achievement of predetermined performance targets directly related to our business goals and strategies. Our 2024 pay mix for our CEO and other NEOs was as follows: CEO 2024 TARGET* COMPENSATION

| * | Target                                                                                                                               
 Value includes annual