Company: GPI
Filing Date: 2025-03-20
Form Type: PRE 14A
Source: 0001031203-25-000018
Chunk: 33

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-03-20
Form: PRE 14A
Chunk 33
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 |       |         |    |
|:------------------------------------------------|:----|---:|:-------|:----|:--|------:|:----------|:----|:--|------:|:--------|:----|:--|------:|:--------|:----|:-------------|------:|:--------|---:|
| Adjusted Net Income from Continuing Operations* |     | 80 | %      |     | $ |   446 | million   |     | $ |   557 | million |     | $ |   613 | million |     | $            |   548 | million | -1 |
| Parts and Service Gross Profit                  |     | 20 | %      |     | $ | 1,157 | million   |     | $ | 1,285 | million |     | $ | 1,478 | million |     | $            | 1,368 | million |    |

* Please see Appendix A on page 79for an explanation and reconciliation of this non-GAAP measure.

(1) Adjusted based on the CDK Cyber Incident as discussed above in “How 2024 Performance Affected Incentive Payouts” on page 4.

The achievement of the threshold, target and maximum levels of performance for the adjusted net income from continuing operations metric would result in payouts as a percentage of base salary as follows:

| Adjusted Net Income from Continuing Operations |     | Annual Incentive Paid as %of Base Salary |      |           |     |       |        |     |       |     |              |       |   |
| Named Executive Officer                        |     |                                          |      | Threshold |     |       | Target |     |       | Max | 2024 Results |       |   |
| Daryl A. Kenningham                            |     |                                          | 56.0 | %         |     | 112.0 | %      |     | 224.0 | %   |              | 107.5 | % |
| Daniel J. McHenry                              |     |                                          | 33.3 | %         |     |  66.7 | %      |     | 133.3 | %   |              |  64.0 | % |
| Gillian A. Hobson                              |     |                                          | 33.3 | %         |     |  66.7 | %      |     | 133.3 | %   |