Company: THRM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001140361-25-010582
Chunk: 84

Company: Gentherm Inc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 84
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| Betsy Meter, Chair |
| David Heinzmann    |
| Ronald Hundzinski  |
| Laura Kowalchik    |

105 | 2025 PROXY STATEMENT AUDIT COMMITTEE MATTERS PRE-APPROVAL POLICIES AND PROCEDURES In recognition of the importance of maintaining the independence of the independent registered public accounting firm, both in fact and appearance, it is the Audit Committee’s policy and practice to review and approve in advance all services and fees, audit and non-audit, to be rendered by the Company’s independent registered public accounting firm. In pre-approving such services, the Audit Committee must consider whether the provision of services is consistent with maintaining the independence of the Company’s independent registered public accounting firm. The Audit Committee does not delegate the pre-approval of services (or any other Audit Committee function) to Company management. The Audit Committee also pre-approves all fees, except the Chief Financial Officer has been delegated authority to commit up to $50,000 between Audit Committee meetings for audit-related services only, which must be reported to the Audit Committee no later than the next scheduled Audit Committee meeting. If a product or service arises that has not been pre-approved by the Audit Committee, the Audit Committee has delegated to the Chair of the Audit Committee the authority to consider and pre-approve any such product or service between regular meetings of the Audit Committee. Any interim approvals granted by the Chair of the Audit Committee are reported to the entire Audit Committee at its next regularly scheduled meeting. INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FEES The Audit Committee retained Ernst & Young to audit the Company’s consolidated financial statements and the effectiveness of internal control over financial reporting, as of and for the years ended December 31, 2024 and 2023. The following table sets forth the fees that Ernst & Young billed for their audit and other services in 2024 and 2023. The Audit Committee approved all of the services described below in conformity with its pre-approval policies and procedures described above.

| 2024 
 ($)  | 2023 
 ($)  |

| Audit Fees (1)         | 1,827,887 | 1,938,614 |
| Audit-Related Fees (2) |    26,435 |   279,550 |
| Tax Fees (3)           |   478,957 |   559,469 |
| All Other Fees (4)     |         — |         — |
| Total Fees             |