Company: GPI
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001031203-25-000023
Chunk: 38

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 38
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 Committee believes utilizing adjusted EPS instead of ROIC as a performance goal is advisable because most members of management have limited influence over significant capital allocation decisions, while adjusted EPS is a clearer metric for management and is more aligned with the compensation practices of our peers.

#### Restricted Stock Awards
Restricted stock awards made to our NEOs vest ratably over a three-year period to encourage long-term retention of recipients with the Company.

#### 42GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT

#### 2024 CEO Pay Decisions
| Daryl A. Kenningham                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
 DIRECTOR, PRESIDENT& CHIEF EXECUTIVE OFFICER                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 Age: 60                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
 Company Tenure: 13 Years                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| The CHR Committee assessed Mr. Kenningham’s 2024 performance favorably. Under his leadership, the Company advanced our key priorities while achieving strong financial performance for the year and positioning the Company for future long-term sustainable growth. The CHR Committee’s compensation decisions, discussed below, reflect the Committee’s assessment of Company organic growth, execution of acquisition strategy, leadership development and management of U.K. operations under Mr. Kenningham’s leadership. |

| Compensation Overview                                                                                                                                                                                                                                                              |
| Base Salary.Mr. Kenningham received an annual merit increase from $1,100,000 to $1,250,000 effective January 1, 2024, which was slightly below the median of our CPG.                                                                                                              
 Annual Incentive Award.As a result of the Company’s performance relative to the pre-established financial goals of adjusted net income from continuing operations and parts and service gross profit, the CHR Committee approved an annual incentive award of $1,843,761 for 2024. 
 LTI.In consideration of Mr. Kenningham’s strong 2024 performance, the CHR Committee approved a 2024 LTI award increase from $3.5 million to $5 million for Mr. Kenningham.                                                                                                         |

#### GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT43

#### 2024 Pay Decisions for Other NEOs
The CHR Committee makes annual compensation decisions for our NEOs based on their individual performance and the overall performance of the Company. In the following pages, we describe the components of total direct compensation for each NEO for 2024, noting aspects of their individual performance that contributed to the CHR Committee’s pay decisions (see page 3for