Company: APTV
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000950170-25-036263
Chunk: 31

Company: Aptiv PLC
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 31
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 Plan does not provide for any excise tax gross-up benefit. Benefits under the Severance Plan and the Change in Control Plan are generally subject to execution by the NEO of a general waiver and release of claims in favor of Aptiv. Other Benefits. We provide additional benefits, such as relocation and expatriate benefits to our NEOs, when applicable, and in general, these benefits are the same as those provided to similarly situated non-officer employees. Additional details are covered in the “2024 Summary Compensation Table”. COMPENSATION GO VERNANCE PRACTICES Stock Ownership Guidelines. To support alignment of our executives’ interests with those of our shareholders, Aptiv’s Board believes that our officers should maintain an appropriate level of equity interest in Aptiv. To that end, our Board has adopted the following stock ownership guidelines:

| Role                                                       |     | Guideline      |
| CEO                                                        |     | 6x base salary |
| Other Section 16 officers, including all of our other NEOs |     | 3x base salary |

Our officers, including the NEOs, are expected to fulfill the ownership requirement within five years from the time they are appointed to their respective positions. Until such time as the required holding is met, officers may not sell stock, subject to limited exceptions. Once the ownership requirement has been met, an officer may sell stock, provided, however, that the minimum ownership requirement must continue to be met. The Compensation Committee reviews the ownership level for covered executives each year. As of the measurement date of February 14, 2025, all of our NEOs were at or above the applicable ownership requirement or on track to meet the applicable ownership requirement within five years of their respective appointments. Set forth in the following graph reflects the CEO's holdings, and the average holdings of the other NEOs, in relation to our stock ownership guidelines: Clawback. In 2023, we adopted a new Compensation Clawback Policy that complies with rules promulgated by the NYSE and the SEC (the “Clawback Policy”). The Clawback Policy generally applies to current and former executive officers, and it provides for the recovery of certain incentive-based compensation received during a three-year recovery period if we are required to prepare an accounting restatement due to material noncompliance with any financial reporting requirement under the securities laws. The incentive-based

COMPENSATION DISCUSSION AND ANALYSIS43

compensation recoverable under the Clawback Policy generally includes the amount of incentive-based compensation received (on or after October