Company: VRT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001193125-25-094674
Chunk: 48

Company: Vertiv Holdings Co
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 48
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OP (with no interpolation between results). Following the end of all three performance years, the Compensation Committee and Board will aggregate the dollar amounts earned for each grantee over the three-year period, and such total dollar amount will be converted into a number of RSUs amount determined by dividing each grantee’s aggregate earned dollar amount by the closing stock price of our common stock on the first business day after the release of earnings for fiscal year 2025. The resulting RSUs will be eligible for cliff vesting on January 1, 2027. The Strategic Performance Awards continue to be beneficial to the Company for the following reasons:

| • |     | The Strategic Performance Awards are settled in shares of our stock to align the management team’s interests in stock price appreciation with the interests of our stockholders. |

| • |     | Determination of whether a Strategic Performance Award target is met is done on a purely formulaic basis related to our financial results. |

| • |     | No amount is earned for any year unless Target AOP is met. |

| • |     | Earned award values are determined annually over a three-year performance cycle to align with long-term financial objectives. |

The financial measure and target levels were selected for the following reasons:

| • |     | AOP is an important metric because it reflects our operational performance and our stockholders view it as a key metric for value creation. |

| • |     | The performance levels chosen in late 2022 were intentionally set to be challenging. For example, the goal for 2023 performance was more than twice our actual 2022 results, and the goals for each subsequent year were significantly greater than the target for the prior year. |

| 4 |     | Retirement Benefits |

Our tax-qualified employeesavings and retirement plan (“ 401(k) Plan”) covers certain full- and part-time employees in the United States, including our U.S.-based NEOs. Under the 401(k) Plan, employees may elect to reduce their current compensation up to the statutorily prescribed annual limit and have the amount of such reduction contributed to the 401(k) Plan. The Board believes that the 401(k) Plan provides an important and highly valued means for employees to save for retirement. We provide a match of 50% of the first 6% of the named executive officers’ eligible base salary. Our eligible NEOs were eligible to participate in the 401(k) Plan on the same terms as our other employees in 2024. Our executive