Company: SSUP
Filing Date: 2025-08-15
Form Type: DEFM14A
Source: 0001140361-25-031532
Chunk: 23

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-08-15
Form: DEFM14A
Chunk 23
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 unit (a “Company Restricted Stock Unit”) that was granted under the Company’s 2018 Equity Incentive Plan (as it may be amended from time to time, the “Company Stock Plan”) that is outstanding as of immediately prior to the Effective Time, whether vested or unvested, will become fully vested and will terminate and be automatically cancelled as of immediately prior to the Effective Time in exchange for the right to receive a lump sum cash payment of an amount equal to the product of (i) the number of Common Shares underlying such Company Restricted Stock Unit,multiplied by, (ii) the Common Stock Merger Consideration. Following the Effective Time, no Company Restricted Stock Unit that was outstanding immediately prior to the Effective Time will remain outstanding and each former holder of any such Company Restricted Stock Unit will cease to have any rights with respect thereto, except for the right to receive the consideration set forth above. Parent will pay, or cause to be paid, the consideration payable to each former holder of a Company Restricted Stock Unit |

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that was outstanding immediately prior to the Effective Time through the payroll of the surviving corporation in the Merger (the “Surviving Corporation”) to such former holder as soon as practicable following the Effective Time (but in any event not later than ten (10) business days thereafter), net of any taxes withheld.

| • | Treatment of Performance-Based Restricted Stock Units. At the Effective Time, each outstanding performance-based restricted stock unit (a “Company Performance Stock Unit”) that was granted under the Company Stock Plan that is outstanding as of immediately prior to the Effective Time, whether vested or unvested, will become fully vested as if the applicable level of performance was achieved at target and will terminate and be automatically cancelled as of immediately prior to the Effective Time in exchange for the right to receive a lump sum cash payment of an amount equal to the product of (i) the number of Common Shares subject to such Company Performance Stock Unit that would vest based on the applicable target level of achievement of the performance metrics, multiplied by (ii) the Common Stock Merger Consideration. Following the Effective Time, no Company Performance Stock Unit that was outstanding immediately prior to the Effective Time will remain outstanding and each former holder of any such Company Performance Stock Unit will cease to have any rights with respect thereto, except for the right to receive the consideration set forth above. Parent will pay, or cause to be paid, the consideration payable to each former holder of a Company Performance Stock Unit that was outstanding