Company: THRM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001140361-25-010582
Chunk: 50

Company: Gentherm Inc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 50
---
 Whole RSU Grant Value ($)(3) | Automobile Allowance($) |

| William PresleyPresident and Chief Executive Officer                            |     | 950,000 | 125 | 2,700,000 | 4,000,000 | 4,700,000 |      — |
| Jonathan DouyardExecutive Vice President, Chief Financial Officer and Treasurer |     | 600,000 |  80 | 1,300,000 | 1,100,000 | 2,000,000 | 12,000 |

| (1) | Paid in two equal installments. For Mr. Presley the first installment was paid in January 2025 and the second installment will be paid within 45 days of January 1, 2026; and for Mr. 
 Douyard, the first installment was paid in March 2025 and the second installment will be paid within 45 days of July 1, 2025.                                                         |

| (2) | Mr. Presley’s equity grant value will be delivered in PSUs (target PSUs weighted at 70% of grant value) and RSUs (weighted at 30% of grant value). Mr. Douyard’s equity grant value 
 will be delivered in PSUs (target PSUs weighted at 60% of grant value) and RSUs (weighted at 40% of grant value).                                                                   |

| (3) | Vesting pro rata annually on each of the first three anniversaries of the grant date, which was February 24, 2025. |

The foregoing make-whole bonuses and RSU grants are subject to specified termination and clawback terms, as set forth in their respective offer letters with the Company. PROCESS FOR MAKING COMPENSATION DETERMINATIONS Management Recommendations on Non-CEO Compensation Matters In determining the compensation of executive officers other than the CEO, the Committee receives significant input and recommendations from the CEO and the Company’s Chief Human Resources Officer (“CHRO”). These persons have the most involvement in, and knowledge of, the Company’s business goals, strategies and performance, the overall effectiveness of the management team, each person’s individual contribution to the Company’s performance and appropriate alignment with additional human capital management considerations. No executive officer provides input or participates in the deliberation of the Committee with respect to such person’s own compensation. Management also provides the Committee with information regarding the individual’s experience, current performance, potential for advancement and other subjective factors. The Committee retains the discretion to modify the