Company: PAGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001104659-25-033938
Chunk: 37

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 37
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 maturity of our credit facilities. • We completed long-term capacity and asset optimization plans at our Empress and Sarnia straddle plants. • We progressed additional business streamlining and efficiency opportunities. • We advanced our leadership development, succession planning and employee career development efforts, and continued to enhance communication and engagement with employees. 2024 Compensation Elements For 2024, the elements of compensation were applied as described below. Base Salary. Other than a $50,000 increase to the annual base salary for Mr. Chiang, which was approved in February 2024, there were no adjustments to the base salaries of our Named Executive Officers in 2024. The 2024 annual base salaries for our NEOs were as follows:

| ​ | ​ | Named Executive Officer | ​ | ​ | ​ | Annual Base Salary |   |         |   | ​ | ​ |
|:--|:--|:------------------------|:--|:--|:--|:-------------------|:--|--------:|:--|:--|:--|
| ​ | ​ | Willie Chiang           | ​ | ​ | ​ | ​                  | $ | 850,000 | ​ | ​ | ​ |
| ​ | ​ | Harry Pefanis           | ​ | ​ | ​ | ​                  | $ | 600,000 | ​ | ​ | ​ |
| ​ | ​ | Al Swanson              | ​ | ​ | ​ | ​                  | $ | 550,000 | ​ | ​ | ​ |
| ​ | ​ | Richard McGee           | ​ | ​ | ​ | ​                  | $ | 550,000 | ​ | ​ | ​ |
| ​ | ​ | Chris Chandler          | ​ | ​ | ​ | ​                  | $ | 600,000 | ​ | ​ | ​ |
| ​ | ​ | Jeremy Goebel           | ​ | ​ | ​ | ​                  | $ | 600,000 | ​ | ​ | ​ |

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Annual Cash Incentive Awards. There were no adjustments to the annual bonus targets for our Named Executive Officers in 2024. The 2024 annual bonus targets for our NEOs, expressed as a percentage of base salary, were as follows:

| ​ | ​ | Named Executive Officer | ​ | ​ | ​ | Annual Bonus Target(as a Percentage of Base Salary) |   |      |   | ​ | ​ |
| ​ | ​ | Willie Chiang