Company: CVGI
Filing Date: 2025-04-16
Form Type: DEF 14A
Source: 0001628280-25-017895
Chunk: 24

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-04-16
Form: DEF 14A
Chunk 24
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0 Equity Incentive Plan, as proposed to be adopted, which is attached as Appendix A to this proxy statement.

Purpose of the Amended and Restated 2020 Equity Incentive Plan

The purpose of the Amended and Restated 2020 Equity Incentive Plan is to promote the long-term growth and profitability of the Company and its subsidiaries by (i) providing certain directors, officers and employees of, and certain other individuals who perform services for, or to whom an offer of employment has been extended by, the Company and its subsidiaries with incentives to maximize stockholder value and otherwise contribute to the success of the Company, and (ii) enabling the Company to attract, retain and reward the best available persons for positions of responsibility.

#### Term of Plan
The 2020 Equity Incentive Plan was approved by the Company's stockholders and became effective on June 15, 2020 (the “Effective Date”). The Amended and Restated 2020 Equity Incentive Plan, if approved by the Company's stockholders, will terminate on June 15, 2030, unless sooner terminated by the Board. Awards outstanding as of any such termination will not be affected or impaired by the termination of the Amended and Restated 2020 Equity Incentive Plan.

#### Administration
The Amended and Restated 2020 Equity Incentive Plan is administered by the Compensation Committee. Our Board may, however, at any time resolve to administer the Amended and Restated 2020 Equity Incentive Plan. Subject to the specific provisions of the Amended and Restated 2020 Equity Incentive Plan, the Compensation Committee is authorized to select persons to participate in the Amended and Restated 2020 Equity Incentive Plan, determine the form and substance of grants made under the Amended and Restated 2020 Equity Incentive Plan to each participant, and otherwise make all determinations for the administration of the Amended and Restated 2020 Equity Incentive Plan.

#### Eligibility
Individuals who are eligible to participate in the Amended and Restated 2020 Equity Incentive Plan are our directors (including non-employee directors), officers and employees and other individuals performing services for, or to whom an offer of employment has been extended by us, or our subsidiaries. ISOs may only be granted to employees of the Company and its subsidiaries or parent corporation (within the meaning of Code section 424(f)).

#### Plan Limits
The securities