Company: ST
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001477294-25-000059
Chunk: 4

Company: Sensata Technologies Holding plc
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 4
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 which include inverters, converters, and rectifiers for renewable energy generation, green hydrogen production, electric vehicle charging stations, and microgrid applications, as well as industrial and defense applications.

There will be more change in the end markets we serve in the next 10 years than there has been in the last 50 years. In order to take advantage of the unprecedented opportunity for growth these changes present for our business, we are leveraging certain material growth drivers. These focused growth initiatives include (1) the overarching trend related to our core historical business that enables vehicles, industrial equipment, aircraft, and other systems to be safer and more energy-efficient (a trend we refer to as “Safe & Efficient”) and (2) new and emerging technology trends related to renewable energy and reducing greenhouse gas emissions (a trend we refer to as "Electrification").

We believe the medium- to long-term outlook for internal combustion engine powertrains and industrial equipment will evolve with, and be impacted by, Electrification and other adjacent technologies. O ur objective with regard to our Electrification initiative is to become a leading and foundational player in electrification components and sub-systems across broad industrial, transportation, aerospace, recharging infrastructure, and renewable energy generation and storage end markets. These components and solutions support a future that is more environmentally sustainable and efficient and include (1) components for electric vehicles, charging stations, and chargers and (2) mission-critical high-voltage components and subsystems combined into high-value energy management or energy storage solutions. Many of the components and subsystems we have historically developed and produced will continue to play a significant role in this expansion.

#### 2024 Company Performance Highlights
Team Sensata performed well in 2024, amid wider economic challenges and volatile markets. Sensata once again delivered record annual revenue, continued pace with strong new business wins that underscore our future revenue growth, and achieved our greenhouse gas emissions intensity target reductions early, all demonstrating the resilience and strength of our business.

While macro factors such as inflation, supply chain disruptions, and foreign exchange rates continued to pressure our operating profit, we continued our pricing and productivity efforts to maintain adjusted operating margins in the year. Our purpose remained clear: helping customers and partners safely deliver a cleaner, more efficient, and electrified world.

| $3.9 billion |     |              $3.44 |     | 10.2%                           |
| 2024 Revenue |     |      2024 Adjusted 
 Earnings per Share |     | 2024 Return