Company: THRM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001140361-25-010582
Chunk: 71

Company: Gentherm Inc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 71
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 performance-based awards granted under the Deferred Compensation Plan upon his death or “disability” (as defined in the Deferred Compensation Plan) or upon a “change in control” (as defined in the Deferred Compensation Plan). Due to his achievement of four years of continuous service from the effective date of the Eyler DC Agreement, Mr. Eyler was fully vested in all performance-based awards ($1,828,697 as of December 31, 2024) granted under the Deferred Compensation Plan on January 1, 2024. 90 | 2025 PROXY STATEMENT PAY VERSUS PERFORMANCE We are providing the following information about the relationship between executive compensation actually paid (CAP) and certain financial performance of the Company as required by SEC rules. Please see “Compensation Discussion and Analysis” for discussion of our compensation philosophy and how the Compensation and Talent Committee structures our compensation program with performance-based and at-risk target compensation to motivate and reward the achievement of performance-based financial and other goals that align with our operational and strategic objectives. The SEC-defined CAP data set forth in the table below does not reflect amounts actually realized by our NEOs, and the Compensation and Talent Committee has not used or considered CAP previously in establishing the NEO compensation program. A significant portion of the CAP amounts shown relate to changes in values of unvested awards over the course of the reporting year. These unvested awards remain subject to significant risk from forfeiture conditions and possible future declines in value based on changes in our stock price. As described in detail in the “Compensation Discussion and Analysis” section above, the PSUs are subject to multi-year performance conditions tied to relative and absolute performance metrics and all of the RSUs and PSUs are subject to time vesting conditions. The ultimate values actually realized by our NEOs from unvested equity awards, if any, will not be determined until the awards fully vest. Pay Versus Performance Table

| Value Of Initial Fixed $100 Investment Based On: |

| Year | Summary CompensationTable TotalFor PEO($)(1) | CompensationActuallyPaid To PEO($)(2) | AverageSummaryCompensationTable Total ForNon-PEO NEOs($)(3) | AverageCompensation Actually Paid To Non-PEO NEOs($)(4) | TotalShareholderReturn ($)(5) | Peer GroupTotalShareholderReturn($)(6) | Net Income($ In Millions) (7) | Adjusted EBITDA($ In Millions) (8) |

| 2024 | 6,