Company: CVGI
Filing Date: 2025-04-16
Form Type: DEF 14A
Source: 0001628280-25-017895
Chunk: 46

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-04-16
Form: DEF 14A
Chunk 46
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Mr. Tajer was an NEO for part of 2024. Effective October 31, 2024, the Company terminated Mr. Tajer from being President of Electrical Systems and Mr. Tajer ceased being an NEO as of that date. This termination was involuntary and without cause. Mr. Tajer remained an employee through December 31, 2024.

#### Executive Summary
This Executive Summary provides an overview of the 2024 compensation programs for our NEOs and should be read in conjunction with the complete Compensation Discussion and Analysis (“CD&A”) in this report. For 2024, our NEOs included:

• James R. Ray, President and CEO;

• Andy Cheung, Executive Vice President and Chief Financial Officer;

• Aneezal H. Mohamed, Chief Legal Officer, Compliance Officer and Secretary;

• Kristin S. Mathers, Chief Human Resource Officer; and

• Richard Tajer, former President of Electrical Systems. Mr. Tajer ceased to be an NEO on October 31, 2024, and remained an employee through December 31, 2024.

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Our compensation programs are designed to balance annual and long-term organizational goals with individual performance and contributions of the NEOs to ensure our executive compensation programs are closely aligned with the interests of our stockholders. The Committee uses multiple performance measures to ensure an appropriate mix of annual and long-term incentives and to avoid over-weighting the Company's short-term objectives. Each NEO has a significant portion of total compensation that is at-risk in any given year, and each NEO receives long-term cash and equity awards to encourage retention and further align their interests with those of our stockholders.

At our 2024 Annual Meeting of Stockholders held on May 16, 2024, the compensation of our NEOs was approved, on an advisory basis, by approximately 88.2% of our stockholders who voted on the matter. The Committee considered the results of this vote, which it viewed as strong investor support for our executive compensation philosophy and programs, but did not take any specific compensation actions in fiscal year 2024 in response to the executive compensation advisory vote. At the 2025 Annual Meeting of Stockholders, we will again hold an advisory vote to approve executive compensation. The Committee will continue to consider the results of this vote and future advisory votes, which we view as an important indicator of stockholder sentiment regarding our compensation philosophy, when contemplating executive compensation decisions and will continue to review and adjust our incentive