Company: CVGI
Filing Date: 2025-04-04
Form Type: PRE 14A
Source: 0001628280-25-016847
Chunk: 36

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-04-04
Form: PRE 14A
Chunk 36
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 provided, among other things, that the deduction meets the test of reasonableness, is an ordinary and necessary business expense, is not an “excess parachute payment” within the meaning of Code section 280G and is not disallowed by the $1 million limitation on certain executive compensation under Code section 162(m).

#### NEW PLAN BENEFITS
Benefits to be received by our executive officers, directors, employees and consultants as a result of the proposed Plan are not determinable, since the amount of grants of Awards under the Amended and Restated 2020 Equity Incentive Plan is discretionary. The following table shows the amounts that were awarded under the 2020 Equity Incentive Plan to our Named Executive Officers, all executive officers as a group, all non-employee directors as a group and all other employees as a group, in each case for the fiscal year ended December 31, 2024:

| Name and Position                                                      |     | Number of Shares of Restricted Stock |
| James Ray, President and Chief Executive Officer and Director          |     |                                    — |
| Andy Cheung, Chief Financial Officer                                   |     |                               57,297 |
| Aneezal Mohamed, Chief Legal Officer, Compliance Officer and Secretary |     |                               29,584 |
| Kristin Mathers, Chief Human Resource Officer                          |     |                               27,216 |
| Executive Employee Group                                               |     |                              114,097 |
| Non-Employee Director Group                                            
 All other employees                                                    |     |                              172,399 |
| Total Grants                                                           |     |                              286,496 |

#### Recommendation of the Board
THE BOARD UNANIMOUSLY RECOMMENDS A VOTE FOR THE APPROVAL OF THE AMENDED AND RESTATED COMMERCIAL VEHICLE GROUP, INC. 2020 EQUITY INCENTIVE PLAN.

#### Vote Required
Approval of the Amended and Restated Commercial Vehicle Group, Inc. 2020 Equity Incentive Plan requires the affirmative vote of a majority of the shares present in person or represented by proxy at the Annual Meeting. Abstentions will have the same effect as votes “AGAINST” this proposal, whereas “broker non-votes” will not be counted for purposes of determining whether this proposal has been approved.

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Recommendation of the Board

| The Board recommends that you vote FOR the approval of the Amended and Restated Commercial Vehicle Group, Inc. 2020 Equity Incentive