Company: GPI
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001031203-25-000023
Chunk: 58

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 58
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 the CD&A above, the 2022, 2023 and 2024 performance shares were also granted with a Maximum Value limitation. For performance share awards granted prior to 2022, a similar Maximum Value Limitation applied, but that limitation applied to both rTSR and ROIC-based awards, to be calculated separately. These value limits could potentially alter the number of shares that become payable in connection with an acceleration or payment event.

#### Non-Competition Agreements
Along with their respective agreements, Messrs. Kenningham and McHenry have entered into an incentive compensation and non-compete agreement with the Company, each of which provides that for a period of two years following the executive’s termination of employment, the executive will not compete with the Company or induce any of our employees to leave his or her employment with us or hire any of our employees. If Mr. McHenry violates his agreement, we will have the right to demand forfeiture of any cash or equity award realized during the twelve months prior to the violation. If Mr. Kenningham violates his agreement, we will have the right to refrain from making any further payments under the Kenningham Incentive Agreement.

#### 58GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT

#### Termination and Change in Control Tables for 2024
The tables below disclose the amount of compensation and/or other benefits due to the NEOs in the event of their termination of employment, including but not limited to, in connection with a Corporate Change, assuming the termination occurred on December 31, 2024, and using the Company common stock closing price of $421.48 on December 31, 2024 (the last trading day of the 2024 year).

The equity award calculations in the tables below do not include performance shares for which the performance period has not been fulfilled. For additional information regarding the possible payouts for performance shares, see “Grants of Plan-Based Awards” above.

| Daryl A. Kenningham |     | InvoluntaryTermination($) |            |     | ConstructiveTermination($) |            |     | CorporateChange(1)($) |            |     | Death andDisability($) |   |     |    |            |
| Salary and Bonus    |     |                           |  3,093,761 |     |                            |  3,093,761 |     |                       |  3,093,761 |     |                        | — |     | -3 |            |