Company: APTV
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000950170-25-036263
Chunk: 34

Company: Aptiv PLC
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 34
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 to have a material adverse effect on Aptiv. In doing so, the Compensation Committee also reaffirmed the following key risk mitigating factors with respect to our NEOs:

Mix of fixed and variable, cash-based and equity-based, and short- and long-term compensation, with an emphasis on equity-based pay;

Incentive award opportunities that span both annual and overlapping, multi-year time periods and incorporate a broad range of financial metrics, strategic initiatives and TSR;

Annual benchmarking exercise to review market competitiveness of pay levels;

Annual incentive awards with opportunities capped at 200% of the target amount;

Existence of a clawback policy; and

Stock ownership guidelines, with retention requirements, and the prohibition on hedging and pledging of Company stock.

COMPENSATION COMMITTEE REPORT 45

| Compensation Committee Report |

We, the undersigned members of the Compensation Committee, have reviewed and discussed the Compensation Discussion and Analysis with management. Based on such review and discussion, we recommended to the Board that the Compensation Discussion and Analysis be included in this Proxy Statement and incorporated by reference into our Annual Report on Form 10-K for the year ended December 31, 2024. Respectfully submitted, Joseph L. Hooley, Chairman Merit E. Janow Paul M. Meister

46 2024 SUMMARY COMPENSATION TABLE

| 2024 Summary Compensation Table |

The table below sets forth specified information regarding the compensation of the individuals who served in 2024 as principal executive officer (Kevin P. Clark), principal financial officer (Varun Laroyia and Joseph R. Massaro), and the next three most highly compensated executive officers who were serving in such capacity as of December 31, 2024 (Javed A. Khan, Joseph T. Liotine and Obed D. Louissaint), all of whom collectively are Aptiv’s NEOs. Messrs. Laroyia and Massaro were both included as NEOs since they both served as principal financial officer ("PFO") for a portion of 2024, with Mr. Massaro serving as the PFO from January 1, 2024 - November 7, 2024, and Mr. Laroyia serving as the PFO from November 8, 2024 - December 31, 2024.

| Name and Principal Position                                                   |     | Year |     |    Salary 
    ($)(1) |     |     Bonus 
    ($)(2) |     |      Stock 
     Awards 
     ($