Company: GPI
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001031203-25-000023
Chunk: 45

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 45
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 to 33% of the awards. Forfeiture restrictions will lapse as to the remaining 67% of the 2024 awards in a 33% increment in 2026 and a 34% increment in 2027. Regarding performance share awards granted in 2024, assuming performance is satisfied, they are scheduled to vest on December 31, 2025, and vested shares will be released on December 31, 2026. With respect to the one-half portion of the performance share awards that are based on ‘performance conditions’ for accounting purposes (as opposed to market conditions), if we assumed that the probable accounting value was based on the maximum payout for the awards, the grant date values would have been as follows: Mr. Kenningham, $2,499,879; Mr. McHenry, $574,888; Ms. Hobson, $499,976 and Mr. DeLongchamps, $374,842. Vesting schedules for equity awards can be found in the footnotes to the “Outstanding Equity Awards at Fiscal Year-End” table.

#### 50GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT
(3) Annual cash incentive awards based upon the achievement of financial and performance-based goals. This is discussed further under “2024 Principal Elements of Compensation — Annual Incentive Awards”.

(4) Amounts reflect above-market earnings on the Deferred Compensation Plan, as defined by earnings in excess of 120% of the applicable federal long-term rate, with compounding interest of 5.89%. We do not offer a pension plan.

(5) The following table reflects the categories of compensation and benefits included under “All Other Compensation” for 2024:

| Name                  |     | Year |     | 401(k) SavingsPlan MatchingContribution($) |        |     | AutomobileAllowance($) |        |     | Use ofDemonstratorVehicles(a)($) |        |     | AirplaneUse(b)($) |         |     | Gift Card 
 & GTL     
 ($)       |       |     | Total($) |         |
| Daryl A. Kenningham   |     | 2024 |     |                                            | 11,500 |     |                        |      — |     |                                  | 28,884 |     |                   | 353,268 |     |           | 3,662 |     |          | 397,314 |
| Daniel J. McHenry     |     | 202