Company: THRM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001140361-25-010582
Chunk: 17

Company: Gentherm Inc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 17
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 led by the Nominating and Corporate Governance Committee, which                                                                                                              
 is described in the left column. In 2024, the Board solidified its commitment to including Chair interviews with each of the directors in the self-assessment process by conducting such interviews to discuss topics related to         
 development, Board membership ambitions and succession planning. In addition, the Board adopted a template for succession planning for Board membership and leadership roles, which it intends to develop and utilize as part of its     
 routine review and for any emergency considerations.                                                                                                                                                                                     
 Director Training and Continuing Education                                                                                                                                                                                               
 Our Nominating and Corporate Governance Committee oversees the Company’s orientation programs for new directors and continuing education programs for existing                                                                           
 directors. Each new director, upon joining the Board, is provided with an orientation session regarding the Board and our unique culture and operations. As part of this orientation, each new director has an opportunity to meet with  
 members of senior management.                                                                                                                                                                                                            
 Directors are also provided with continuing education on various subjects that will assist them in discharging their duties, including the evolving regulatory and                                                                       
 business landscape through a structured annual agenda and ad hoc discussions. This may include presentations by senior management or the Board’s advisors on the Company’s business, compliance efforts, applicable legal, regulatory or 
 other developments or other matters deemed appropriate by the Board or Nominating and Corporate Governance Committee. The Company provides each director with a paid membership to the National Association of Corporate Directors       
 (“NACD”). As NACD members, directors have access to virtual and in-person training, workshops, events and certifications related to current corporate governance topics. Further, the Board supports and pays for attendance at relevant 
 seminars and conferences. In 2023, certain directors attended NACD Master Classes and certification programs focused on, among other things, sustainability and cybersecurity.                                                           |

32 | 2025 PROXY STATEMENT Corporate Governance Guidelines Provides a structure and practical guidance for the directors to effectively oversee the Company and management for the benefits of our shareholders The Corporate Governance Guidelines address, among other things, Board and Board Committee structure, composition and procedures, director responsibilities, director board service limits, compensation and continuing training, and shareholder communications with the Board. No Director Overboarding . The Board encourages directors to serve on additional public company boards because it provides valuable governance and leadership experience that ultimately benefits the Company. The Board also recognizes that public company board service requires a significant commitment of time and attention and therefore limits the number of public boards a director can serve while a director of the Company.