Company: GPI
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001031203-25-000023
Chunk: 5

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 5
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 CHR Committee for the LTI award granted on February 12, 2024. These values differ from those that will be reported in the Summary Compensation Table in 2024, which will be calculated in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation—Stock Compensation.

(2) Mike Jones has announced his intent to retire from his role as Senior Vice President, Aftersales effective September 1, 2025 and will remain as a part-time employee through December 31, 2025.

#### GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT3

#### 2024 PERFORMANCE METRICS
The CHR Committee believes that the metrics used for our annual and long-term incentive plans are essential indicators of the long-term performance of our Company, therefore serving the fundamental objective of our executive compensation program.

#### Financial Metrics for Annual Incentives
| ADJUSTED NET INCOME FROM CONTINUING OPERATIONS (80%)                                                                                                                                                                                                                                                                                                                                                                                                                 |     | PARTS AND SERVICE GROSS PROFIT (20%)                                                                                                                                                                                                                                                                                                                       |
| Adjusted Net Income from Continuing Operations*reflects income statement performance, consistent with the interests of our shareholders. The CHR Committee believes adjusted net income from continuing operations is relevant because it measures the immediate impact of operating decisions on Group 1’s overall performance, and includes the impact of items such as tax, interest and foreign exchange fluctuations, which are managed at the corporate level. |     | Parts and Service Gross Profitreflects the performance of our parts and service operations. The CHR Committee believes parts and service gross profit is an important measure given the contribution of the parts and service line of business to Group 1’s overall profitability and the strategic nature of this line of business in our future success. |

#### Metrics for Performance Shares
| Return on Invested Capital (“ROIC”)measures the returns we earn on our investments to drive sustainable cash flows and growth. |     | Relative Total Shareholder Return (“rTSR”)measures the performance of our stock price compared to five domestic automotive retail companies. |

* See Appendix A on page 79for the definition of this non-GAAP financial metric.

#### How 2024 Performance Affected Incentive Payouts
For 2024, the CHR Committee selected adjusted net income from continuing operations and parts and service gross profit as the financial metrics under the Group 1 Automotive Annual Incentive Plan (“AIP”), weighted 80% and 20%,