Company: PAGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001104659-25-033938
Chunk: 54

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 54
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 portion, PAA achieving a cumulative adjusted DCF per CUE target of $6.00 over the three-year period ending June 30, 2024. With respect to the performance-based portion of the 2021 grants, the final payout percentage for the TSR portion was 157% (based on a TSR ranking of 4 out of 15) and the final payout percentage for the DCF/CUE portion was 200% (based on achieving cumulative DCF/CUE of $6.93). Taking all vesting criteria (50% time, 25% TSR and 25% DCF/CUE) into account, the 2021 grants paid out at 139% of target. (3) Consistent with the terms of the applicable Long-Term Incentive Plan, the value realized upon vesting is computed by multiplying the closing market price ($17.05) of PAA’s common units on August 13, 2024 (the trading date immediately preceding the vesting date) by the number of units that vested. Pension Benefits GP LLC sponsors a 401(k) plan that is available to all U.S. employees. We do not maintain any pension or defined benefit programs in which any of our employees, including the Named Executive Officers, participate. Nonqualified Deferred Compensation and Other Nonqualified Deferred Compensation Plans We do not maintain any nonqualified deferred compensation plans or programs in which any of our employees, including our Named Executive Officers, participate.

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TABLE OF CONTENTS

Potential Payments upon Termination or Change-in-Control The following table sets forth potential amounts payable to the Named Executive Officers upon termination of employment under various circumstances, and as if terminated on December 31, 2024.

| ​ | ​ | ​                   | ​ | ​ | ​ | ByReason ofDeath($) |   |               |   | ​ | ​ | ​ | ByReason ofDisability($) |   |               |   | ​ | ​ | ​ | ByCompanywithoutCause($) |   |               |   | ​ | ​ | ​ | ByExecutivewith GoodReason($) |   |              |   | ​ | ​ | ​ | InConnectionwith aChange InControl orRetirement($) |   |               |   | ​ | ​ |
| ​ | ​ | Willie Chiang(7)    | ​ | ​ | ​ | ​                   | ​ |             ​ | ​ | ​ | ​ | ​ | ​                        | ​ |             ​ | ​ | ​ | ​ | ​ |