Company: PAGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001104659-25-033938
Chunk: 17

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 17
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 ​ | 12,679 | ​ | ​ | ​ | ​ | ​             | ​ | 12,679 | ​ | ​ | ​ | ​ | ​                                     | ​ | 1.7% | ​ | ​ | ​ |
| ​ | ​ | Morgan Stanley Investment Mgmt | ​ | ​ | ​ | ​                 | ​ |  1,871 | ​ | ​ | ​ | ​ | ​                 | ​ |      — | ​ | ​ | ​ | ​ | ​              | ​ |  9,484 | ​ | ​ | ​ | ​ | ​                         | ​ |      — | ​ | ​ | ​ | ​ | ​             | ​ | 11,355 | ​ | ​ | ​ | ​ | ​                                     | ​ | 1.5% | ​ | ​ | ​ |

* Amounts in the table for these holders are as of the Record Date. All other amounts are as of December 31, 2024. See “Security Ownership of Certain Beneficial Owners and Management” beginning on page 61 for additional information regarding beneficial ownership of our securities, including ownership by our Directors and executive officers. Board Leadership Mr. Chiang serves as Chairman of the Board and as CEO, and Mr. Shackouls currently serves as Lead Director. Consistent with the Board’s belief that rotation of the Lead Director role after five years is a good governance practice, Mr. Shackouls will step down from the Lead Director role and Mr. Raymond will assume the Lead Director role effective June 1, 2025. Our governing documents require that for so long as the Board Chair and CEO roles are held by the same person, one of our independent directors must serve as the Lead Director, and such governing documents also clearly delineate the respective responsibilities of the Board Chair and the Lead Director. The Lead Director is responsible for, among other things, developing and communicating the agenda for, and presiding at, meetings of the non-management directors, collaborating with the Board Chair on Board meeting agendas, working with the Board Chair to establish parameters for the quality, amount and timeliness of the information flow between management and the Board, and generally acting as a liaison between the non-management directors and the Board Chair. The Board has no set policy with respect to the separation of the offices of Board Chair and CEO; rather the Board believes it is in the best interests of PAA and PAGP for the Board to review ongoing conditions and circumstances and make an appropriate determination to separate, or