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

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 25
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 to our NEOs (including potential payouts upon a termination or change of control) is materially consistent with market practice. We also believe our executive compensation is reasonable and competitive.

We believe that it is appropriate to seek the views of our shareholders on the design and effectiveness of our executive compensation program, and we value your opinion. At the 2024 Annual Meeting of Shareholders, approximately 98% of the shares voted on the Say-On-Pay Vote were in favor of the compensation paid to our NEOs. Consistent with the outcome of the 2024 shareholder vote in support of annual advisory votes on future executive compensation proposals, the Board intends to provide for annual “say on pay” advisory votes. The CHR Committee believes this vote strongly endorses the compensation philosophy, policies and practices of the Company and, therefore, it did not make any significant changes in the structure of our executive compensation program as a result of that Say-On-Pay Vote.

Accordingly, the Board recommends that shareholders vote FOR the following resolution:

“RESOLVED, that the compensation paid to our Company’s named executive officers, as disclosed pursuant to the compensation disclosure rules of the SEC, including the Compensation Discussion and Analysis, compensation tables and narrative discussion, is hereby APPROVED, on an advisory basis.”

| THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT SHAREHOLDERS VOTEFORTHE RESOLUTION TO APPROVE, ON AN ADVISORY BASIS, OUR EXECUTIVE COMPENSATION. |

#### 30GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT
| Compensation Discussionand Analysis |

| What’sin thissection? |     | In this section, we discuss ourcompensation philosophyand explain how our executive compensation program is structured to advance our fundamental compensation-related objective of aligning the interests of executives and shareholders, while attracting and retaining talented senior leaders. We also explain how our CHR Committee of the Board determined compensation for our NEOs listed below, as well asthe CHR Committee’s rationale for specific 2024 pay decisions. |

| Executive Summary                                            |     | 32 |
| Shareholder Feedback on Compensation                         |     | 32 |
| How We Align Pay and Performance                             |     | 32 |
| How We Make Pay Decisions and Assess Our Programs            |     | 35 |
| Roles and Responsibilities                                   |     | 35 |
| 2024 Independent Consultant Engagement                       |     | 36 |
| Compensation Peer Group and Use of Market Data               |     | 36 |