Company: GPI
Filing Date: 2025-03-20
Form Type: PRE 14A
Source: 0001031203-25-000018
Chunk: 35

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-03-20
Form: PRE 14A
Chunk 35
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 while attracting and retaining talented senior leaders. Our annual LTI awards are subject to three-year, service-based (and in the case of performance shares, performance-based) vesting requirements, with exceptions for death, disability, retirement, change-in-control and certain qualifying involuntary terminations.

#### LTI Award Mix
The LTI award mix for all of our NEOs, other than Mr. Jones who has historically received 100% of his LTI award in restricted stock, is shown below:

#### GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT41

#### Performance Share Awards
Our 2024 performance share awards will vest following the end of a three-year period, subject to Company performance relative to pre- established return on invested capital, and relative total shareholder return performance goals, which are measured over a two-year performance period.

Performance Goals and Weightings for Performance Shares

| Metric(1)                                                                                                        |     | Weighting |    |   | Threshold(50% payout) |     |                                   |     | Target(100% payout) |     |                                  | Maximum(200% payout)                      |
| Return on Invested Capital (“ROIC”)                                                                              |     |           |    |   |                       |     |                                   |     |                     |     |                                  |                                           |
| •Calculated using a quarterly average over the performance period                                                |     |           | 50 | % | 10.5-11.99%(2)        |     |                                   |     |                     |     | 12.0-12.99%                      | 13.0-14.5%(3)                             |
| Relative Total Shareholder Return (“rTSR”)(4)                                                                    |     |           |    |   |                       |     |                                   |     |                     |     |                                  |                                           |
| •Measures GPI’s cumulative two-year rTSR(5)percentile rank relative to five domestic automotive retail companies 
 •Payout for this portion of the award is capped at 100% of target if GPI’s rTSR is negative                      |     |           | 50 | % |                       |     | 25% below the median company rTSR |     |                     |     | Equal to the median company rTSR | 50% or more above the median company rTSR |

(1) Performance goals are based on actual performance targets achieved. See page 4 for performance metrics.

(2) For ROIC between 10.5%