Company: ST
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001477294-25-000059
Chunk: 51

Company: Sensata Technologies Holding plc
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 51
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 definitions of change in control. All executive agreements contain customary non-compete and non-solicit agreements which are triggered upon a termination due to a change in control."                                                                                                                                         |
| (8) |     | Reflects actual payments to Mr. Cote in connection with his retirement. Outstanding equity represents the continued vesting of the 2022 and 2023 RSUs, and the accelerated vesting of the 2022 and 2023 PRSUs, based on actual performance for completed tranches and prorated vesting for uncompleted tranches.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

### CEO Pay Ratio Discussion
In accordance with SEC rules, we are providing the ratio of the annual total compensation of our CEO to the annual total compensation of the Company’s median employee. The ratio is a reasonable estimate calculated in a manner consistent with SEC rules and the methodology described below.

Per SEC rules, the Company is permitted to use the same median employee as was used in fiscal years 2021, 2022 and 2023, and the Company determined that no change was needed to the median employee since there has been no change in the Company's employee population or compensation arrangements that we believe would significantly impact the pay ratio disclosure. Our methodology to confirm the pay ratio is consistent with the last three years; initially identifying the median employee by examining the 2021 total cash compensation for all employees, excluding our CEO, who were employed by the Company on November 30, 2021, utilizing payroll data. We updated this year using the median employee's 2024 payroll data. As of the end of 2024, 2023 and 2022, the Company had approximately 19,000, 19,400 and 20,800 employees, respectively. Consistent with previous years, our manufacturing and direct labor employees represent approxim ately 67% o f our global workforce and were primarily located in Mexico, China, and Bulgaria, in close proximity to our customers. The Company prefers to directly employ its manufacturing and direct labor employees rather than utilize subcontractors. We regularly review our pay practices in the markets in which we compete for labor and consistently apply a competitive pay philosophy in each market.

The median employee works in a full-time hourly role in our Tijuana, Mexico manufacturing facility. F or fiscal 2024, the median employee's annual compensation was $12,816, ca lculated using the same methodology used to calculate NEO compensation as set forth in the 2024 Summary Compensation Table on page 43