Fluence Energy Executive Compensation (FY25)

Name: Fluence Energy (FLNC) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

FLNC · Arlington, VA · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

Julian Nebreda

Latest say-on-pay support

March 12, 2026

Chief executive pay ratio

◇

To the median employee

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Data as of November 5, 2026Latest filing (8-K): March 16, 2026

7 filings cited on this page

Method: intel.velarion.ai/methodology

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247 figures on this page: 244 cited to the filing that reported them, 3 calculated from figures it prints. See the citations

Frequently asked questions

Answers drawn from the data on this page.

Who is Fluence Energy's chief executive and what were they paid?

Julian Nebreda, President and Chief Executive Officer, received $6,909,044 in total compensation for fiscal 2025. Nebreda's total moved 4.6% higher from the $6,607,788 reported for fiscal 2024.

What was Fluence Energy's say-on-pay result?

For fiscal 2025, shareholders backed the say-on-pay proposal with 99.2% of votes cast for or against in favor at the meeting held March 12, 2026.

Which companies are in Fluence Energy's peer group?

The disclosed peer group includes Advanced Energy Industries, Inc., Ameresco, Inc., Array Technologies, Inc., Bloom Energy Corporation and EnerSys, among others.

What is Fluence Energy's chief executive pay ratio?

The disclosed chief executive pay ratio for fiscal 2025 is 58:1, against median employee compensation of $119,373.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Manavendra Sial Former Senior Vice President and Chief Financial Officer	◇	—	◇	—	—	—	—	◇
Julian Nebreda President and Chief Executive Officer	◇	—	◇	—	—	—	—	◇
Rebecca Boll Senior Vice President and Chief Product Officer	◇	◇	—	—	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Julian Nebreda President and Chief Executive Officer	◇	◇	—	—	◇	—	◇	◇
Manavendra Sial Senior Vice President and Chief Financial Officer	◇	◇	—	—	◇	—	◇	◇
Peter Williams Senior Vice President and Chief Supply Chain and Manufacturing Officer	◇	—	◇	—	—	—	◇	◇
Carol Couch Former Senior Vice President and Chief Supply Chain and Manufacturing Officer Departed during or after this year	◇	—	—	—	—	—	◇	◇
Rebecca Boll Senior Vice President and Chief Product Officer	◇	◇	—	—	◇	—	◇	◇
Krishna Vanka Senior Vice President and Chief Digital Officer	◇	◇	—	—	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Julian Nebreda President and Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Ahmed Pasha Senior Vice President and Chief Financial Officer	◇	◇	◇	◇	◇	—	◇	◇
Peter Williams Senior Vice President and Chief Supply Chain and Manufacturing Officer	◇	—	◇	◇	◇	—	◇	◇
Rebecca Boll Senior Vice President and Chief Product Officer	◇	—	◇	◇	◇	—	◇	◇
John Zahurancik Senior Vice President and President, Americas	◇	—	◇	◇	◇	—	◇	◇
Manavendra Sial Former Senior Vice President and Chief Financial Officer Departed during or after this year	◇	—	—	—	—	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Julian Nebreda President and Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Ahmed Pasha Senior Vice President and Chief Financial Officer	◇	—	◇	◇	◇	—	◇	◇
Peter Williams Senior Vice President and Chief Product and Supply Chain Officer	◇	◇	◇	◇	◇	—	◇	◇
John Zahurancik Senior Vice President and President, Americas	◇	—	◇	◇	◇	—	◇	◇
Rebecca Boll Senior Vice President and Chief Product Officer	◇	—	◇	◇	—	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Ahmed Pasha	RSU	◇	—	—	◇	—	—	◇
Ahmed Pasha	PSU	◇	◇	◇	—	◇	—	◇
Ahmed Pasha	OPTION	◇	—	—	◇	—	◇	◇
John Zahurancik	OPTION	◇	—	—	◇	—	◇	◇
John Zahurancik	PSU	◇	◇	◇	—	◇	—	◇
John Zahurancik	RSU	◇	—	—	◇	—	—	◇
Julian Nebreda	OPTION	◇	—	—	◇	—	◇	◇
Julian Nebreda	RSU	◇	—	—	◇	—	—	◇
Julian Nebreda	PSU	◇	◇	◇	—	◇	—	◇
Peter Williams	RSU	◇	—	—	◇	—	—	◇
Peter Williams	OPTION	◇	—	—	◇	—	◇	◇
Peter Williams	PSU	◇	◇	◇	—	◇	—	◇
Rebecca Boll	RSU	◇	—	—	◇	—	—	◇
Rebecca Boll	OPTION	◇	—	—	◇	—	◇	◇
Rebecca Boll	PSU	◇	◇	◇	—	◇	—	◇

Fiscal 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Julian Nebreda	RSU	◇	◇	—	—
	Option	◇	—	◇	12/18/2034
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	12/08/2033
	PSU	◇	◇	—	—
Ahmed Pasha	RSU	◇	◇	—	—
	Option	◇	—	◇	12/18/2034
	RSU	◇	◇	—	—
	Option	◇	—	◇	01/01/2034
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
Peter Williams	RSU	◇	◇	—	—
	Option	◇	—	◇	12/18/2034
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	12/08/2033
	PSU	◇	◇	—	—
John Zahurancik	RSU	◇	◇	—	—
	Option	◇	—	◇	12/18/2034
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	12/08/2033
	PSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Rebecca Boll

Senior Vice President and Chief Product Officer · Terms as described in the company’s compensation discussion

Equity acceleration on change in control

◇

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Herman Bulls Board chair	◇	◇	—	—	—	—	◇
Harald von Heynitz	◇	◇	—	—	—	—	◇
Cynthia Arnold	◇	◇	—	—	—	—	◇
Elizabeth Fessenden	◇	◇	—	—	—	—	◇

Fahad Al-Darwish, Peter Chi-Shun Luk, Ruth Gratzke, Simon James Smith, Ricardo Falu, Axel Meier, Julian Nebreda and Tish Mendoza served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Board chair premium	◇
Audit committee chair	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

Advanced Energy Industries, Inc. AEIS
Ameresco, Inc. AMRC
Array Technologies, Inc. ARRY
Bloom Energy Corporation BE
EnerSys ENS
Enphase Energy, Inc. ENPH
First Solar, Inc. FSLR
Generac Holdings Inc. GNRC
Granite Construction, Inc. GVA
IES Holdings, Inc. IESC
Itron, Inc. ITRI
Nextracker Inc. symbol not shown
nVent Electric plc NVT
Primoris Services Corporation PRIM
Regal Rexnord Corporation RRX
Skyworks Solutions, Inc. SWKS
SolarEdge Technologies, Inc. SEDG
Sunrun Inc. RUN
Valmont Industries, Inc. VMI
Vertiv Holdings Co. VRT

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	March 12, 2026	=	◇	◇	◇
2024	March 17, 2025	=	◇	◇	◇
2023	March 20, 2024	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”

- Julian Nebreda (President and Chief Executive Officer), FY2025 total compensation $6,909,044 (base salary $965,000) [exec_comp, SEC accession 0001140361-26-002380, filed 2026-01-26]

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What this page does not include

Everything above is a fact Fluence Energy disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Fluence Energy sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $500

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

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Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

247 figures on this page: 244 cited to the filing that reported them, 3 calculated from figures it prints.

244 cited to the filing

3 calculated from the filing

Documents cited

8-K, filed March 16, 2026
0001868941-26-000008
Proposal 3 - Advisory Vote on the Compensation of Named Executive Officers The stockholders approved a resolution, through a non-binding advisory vote, to approve the compensation of the Company's nam
DEF 14A, filed January 26, 2026
0001140361-26-002380
CEO Pay Ratio · Director Compensation · Fiscal Year 2025 Director Compensation Table · Grants of Plan-Based Awards · and 1 more section
Filing, filed January 26, 2026
8-K, filed March 20, 2025
0001868941-25-000044
Proposal 3 - Advisory Vote on the Compensation of Named Executive Officers The stockholders approved a resolution, through a non-binding advisory vote, to approve the compensation of the Company's nam
DEF 14A, filed January 24, 2025
0001868941-25-000007
8-K, filed March 22, 2024
0001868941-24-000032
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed January 26, 2024
0001868941-24-000006
Summary Compensation Table

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Velarion, “Fluence Energy executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FLNC (accessed 2026).

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The paid brief for Fluence Energy

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

$500 for the Executive Compensation Report. Both reports for $900.

Get the executive brief Get the board briefNo account needed.

7 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}

Fluence Energy Executive Compensation (FY25)

The paid brief on Fluence Energy

More on Fluence Energy

Frequently asked questions

Executive compensation

Equity awards granted

Outstanding awards

Severance and change in control

Director compensation

Director fee schedule

Disclosed peer group

Say-on-pay history

Chief executive pay ratio

What this page does not include

Citations

Documents cited

The paid brief for Fluence Energy

Peers Fluence Energy discloses

Terms on this page