Company: GPI
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001031203-25-000023
Chunk: 30

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 30
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/or function, job scope, as well as factors specific to the executive including performance, retention risk, internal pay equity and tenure in the role.

#### How Our Peer Group is Constructed
Our CPG includes all of the publicly traded automotive consolidators, specialty retailers associated with automotive sales and automotive parts and service against whom we most directly compete. The companies included in our CPG are annually reviewed and updated by the CHR Committee. The CHR Committee discussed the Company’s CPG with PM&P in 2023. Based on that discussion, our CPG for 2024, shown below, was unchanged from 2023.

#### 36GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT

#### 2024 Compensation Peer Group
| Automotive Retail             |     | Parts                     |
| Asbury Automotive Group, Inc. |     | Advance Auto Parts, Inc.  |
| AutoNation, Inc.              |     | AutoZone, Inc.            |
| CarMax, Inc.                  |     | Genuine Parts Company     |
| Lithia Motors, Inc.           |     | LKQ Corporation           |
| Penske Automotive Group, Inc. |     | O’Reilly Automotive, Inc. |
| Rush Enterprises, Inc.        |     |                           |
| Sonic Automotive, Inc.        |     |                           |

When evaluating the compensation data and making compensation decisions, the CHR Committee has taken into consideration the variance in revenue size among our CPG. Additionally, when calculating a market value, the CHR Committee has considered other differences between our CPG and us, such as corporate structure, tenure of executive officers, variance in scope of duties for each officer and other factors. However, any application of market analysis data is tempered by our basic organizational philosophy, which is to remain as lean as practical. This guiding principle means that certain of our NEOs have a broad range of job responsibilities that, at certain companies included in our CPG, may be divided among multiple executive officers. The CHR Committee’s use of market analysis data for specific compensation components is described in more detail below.

#### Timeline for Compensation Decisions
The CHR Committee followed the process shown below in making pay decisions for each principal component of 2024 total direct compensation. Total direct compensation for each of our NEOs is shown on page 33.

#### GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT37

#### 2024 Principal Elements of Compensation

#### BASE SALARY
To attract and retain talented and qualified executive officers,