Hilton H. Schlosberg

Vice Chairman of the Board of Directors, Co-CEO at Monster Beverage

Board

Since January 2021

Age

72 years

Tenure

Has been associated with MNST since November 1990, holding multiple leadership roles including President, COO, Secretary, CFO, and currently serving as Vice Chairman of the Board of Directors and Co-CEO since January 2021.

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About

Hilton H. Schlosberg is a seasoned executive who has accumulated extensive experience over decades at MNST, and is currently 72 years old.

Joining the company in November 1990, he has served in numerous key roles, contributing to MNST's growth through positions such as President, Chief Operating Officer, Secretary, and Chief Financial Officer before assuming the role of Co-Chief Executive Officer in January 2021.

Throughout his long tenure at MNST, his leadership has been marked by strategic financial management and operational oversight, and he is set to transition to sole Chief Executive Officer on June 13, 2025, highlighting his enduring commitment to the company.

Past Roles

Organization	Role	Date Range	Details
Monster Beverage Corporation (MNST)	Chief Financial Officer	July 1996 - January 2021	Held before becoming Vice Chairman and Co-CEO
Monster Beverage Corporation (MNST)	President, Chief Operating Officer, and Secretary	November 1990 - January 2021	Held before becoming Vice Chairman and Co-CEO

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,200,000	2024	For calendar year 2024
Bonus	No bonus awarded	2024	Bonus component not awarded
Stock Awards	$10,498,230	2024	Aggregate grant date fair value of awards of Common Stock, RSUs, and PSUs
Option Awards	$3,557,455	2024	Aggregate grant date fair value computed per ASC Topic 718
All Other Compensation	$76,955	2024	Miscellaneous non-equity compensation
Termination Payment (Other Than for Cause/Disability)	$4,251,715	Upon termination	Includes base salary, bonus, vacation, benefit plans, and automobile benefits
Termination Payment (Without Cause/Change in Control)	$42,082,727	Upon termination	Includes base salary, bonus, vacation, benefit plans, automobile benefits, and accelerated equity awards

Performance Compensation

Data from FY 2024

Non-Equity Incentive Plan Compensation (AIA)

Metric	Value	Notes
Total AIA Payout	$1,535,400	Total non-equity incentive compensation paid in 2025 for 2024 performance
Financial Performance Weight	75%	Weighting for adjusted operating income component
Individual Performance Weight	25%	Weighting for individual performance component
Primary Performance Goal	Adjusted Operating Income	Excludes distorting gains and charges
Threshold	$900,000	Minimum level for performance-based payout
Target	$1,800,000	Performance target for payout calculation
Maximum	$3,600,000	Cap on performance outcome
Actual Achievement (Financial Component)	80.4%	Achieved percentage of adjusted operating income target
Actual Achievement (Individual Component)	100%	Achieved percentage of individual performance target
Grant Date	March 2024	Award granted in March 2024
Vesting Schedule	N/A	Specific vesting details not provided
Grant Date Fair Value / Stock Price	N/A	Not applicable to non-equity incentive plans

*Payout calculations were based on a formula allowing a range from 0% up to 200% of the target performance criteria, with certification by the Compensation Committee and payment occurring in the first quarter of 2025. *