Company: THRM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001140361-25-010582
Chunk: 23

Company: Gentherm Inc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 23
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. In 2024, Mr. Eyler and the Board held ongoing discussions in order to implement a successful succession plan that would have a minimal impact on the operations of the Company. In carrying out this process, the Board interviewed several candidates and held various formal and informal discussions amongst the Board and with select members of the management team. After a lengthy search process, the Board determined that Mr. Presley was a highly qualified candidate that presented a valuable perspective and skillset and, as a result, hired Mr. Presley to succeed Mr. Eyler.To further the goal of a smooth transition, Mr. Eyler agreed to remain with the Company as a consultant until June 30, 2025, serving as an advisor to Mr. Presley.

42 | 2025 PROXY STATEMENT

SUSTAINABILITY AND SOCIAL RESPONSIBILITY In 2024, we issued the fifth version of our annual sustainability report and continued to incorporate sustainability into our everyday business operations and future strategies. Historically, our sustainability efforts have been based on three pillars: People, Planet and Places. Beginning in 2025 and going forward, we have modified our three pillars to better reflect the evolving landscape of sustainability, and to better align with the key focus areas of our customers and other stakeholders – People, Planet, and Products. Our sustainability efforts are based on three pillars:

| 01 |     | 02 |     | 03 |

| PEOPLE |     | PLANET |     | PRODUCTS |

| We continue to believe that our people are the foundation of our success. By providing training, career development opportunities and safe workspaces, we empower them to thrive. This focus 
 extends to the communities where we operate, ensuring Gentherm remains a positive force in such areas.                                                                                       |     | We strive to minimize our environmental impact through innovative products and operations. Our products are designed to reduce a vehicle’s impact on the planet, and we focus on improving our 
 operations through more efficient resource use and reduced emissions and waste.                                                                                                                |     | We consider the impact of our products’ full lifecycle, from the materials used, to how they are built and transported, and even how much waste is generated and energy is used during the 
 production process. With an increased focus on product inputs, our sustainability commitment aligns with market requirements.                                                              |

Sustainability and human capital are key focus areas for our team. Since launching our formal program around environmental, social and governance matters in 2019 and publishing our inaugural sustainability report in April 2020