Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 19, 2026, Novelis Inc. (the "Company") announced that Emilio Braghi, 58, was named Chief Operating Officer of Novelis effective immediately. Mr. Braghi will retain his role as Executive Vice President and President, Novelis Europe, which he has held since September 2016. Mr. Braghi joined Novelis in 1999 as a sales manager in Europe. Since then, he has served in various roles of increasing responsibility, including head of the Company's business in Italy in 2006 and Vice President, Operations, Novelis North America, in February 2015. In addition, Mr. Braghi serves as a member of the Executive Committee of the European Aluminum industry association. Mr. Braghi holds a degree in engineering and industrial production technologies from Politecnico di Milano in Milan, Italy.
As of the date of this Current Report on Form 8-K, no new compensatory arrangements have been entered into with Mr. Braghi, and no changes have been made to the existing compensatory arrangement for Mr. Braghi, which was previously disclosed on Form 10-K/A filed by the Company on June 25, 2025. If the Company enters into any new compensatory arrangement or makes material changes to the existing compensatory arrangement of Mr. Braghi in connection with his appointment as Chief Operating Officer, the material terms of such arrangement will be disclosed in a subsequent filing.