Company: SSUP
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001140361-25-012052
Chunk: 49

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 49
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s’ received a base salary increase in 2023. Furthermore, Messrs. Abulaban and Kakar also did not receive a base salary increase in 2022. For 2024, our NEOs received an increase, as shown in the following table:

| Name               |     | 2023 Salary ($) |     | Date     |     | Increase |     | 2024 Salary ($) |
| Majdi Abulaban     |     |         850,000 |     | 1/1/2024 |     | 6.00%    |     |         900,000 |
| Timothy Trenary(1) |     |         510,000 |     | 1/1/2024 |     | 4.00%    |     |        ​530,400 |
| Michael Dorah(2)   |     |         475,000 |     | 1/1/2024 |     | 11.00%   |     |         525,000 |
| Parveen Kakar      |     |         423,600 |     | 1/1/2024 |     | 6.00%    |     |         458,556 |

| (1) | Mr. Trenary retired effective September 30, 2024; 2024 salary rate for this table is annualized. |

| 2025 Proxy Statement| 45 |

TABLE OF CONTENTS

| Executive Compensation and Related Information•2024 Executive Compensation Components |

| (2) | Mr. Dorah's increase reflects his promotion to Executive Vice President and Chief Operating Officer. |

2024 Annual Incentive Compensation and Bonuses We use annual incentive awards to motivate our CEO and other NEOs to achieve annual business results and create value for our stockholders. Annual incentive awards granted pursuant to the AIPP are expressed as a percentage of base salary and are designed to recognize and reward targeted financial performance. Attainment of the financial target may be adjusted based on an individual performance modifier, which considers the individual’s performance rating under the Annual Performance Management Program, annual objectives and accomplishments. The Human Capital and Compensation Committee believes that this design, combining an objective, measurable financial goal with potential adjustments for individual performance, reinforces a Company culture that recognizes both team achievement and individual contributions. The Human Capital and Compensation Committee selected AIPP Adjusted EBITDA for 2024 as the financial performance component because it is an objective measure of core