Company: APTV
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000950170-25-036263
Chunk: 22

Company: Aptiv PLC
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 22
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 plan available to eligible U.S. employees, including NEOs, that allows for contributions that exceed statutory limits under our qualified defined contribution plan | •Attract and retain key executives with market-competitive wealth accumulation opportunities                                                                                                        |

34 COMPENSATION DISCUSSION AND ANALYSIS

| 2024 TARGET ANNUAL TOTAL DIRECT COMPENSATION MIX FOR CEO AND OTHER NEOs*  Base salary and annual and long-term incentive award opportunities (all as more fully described below) are the elements of our NEOs’ total direct compensation. A majority of each NEO’s total direct compensation opportunity is comprised of performance-based (“at-risk”) pay, in line with the Company’s compensation philosophy. |

* The mix of annual target direct compensation for our CEO and the average for our other NEOs in 2024 is shown above.

COMPENSATION DISCUSSION AND ANALYSIS 35

| 2024 NEO Target Total Direct Compensation OpportunitiesThe following table depicts 2024 annual target total direct compensation opportunities for the NEOs. This table reflects base salary, plus annual and long-term incentive plan target award values, and therefore uses different valuation methodologies from those required for purposes of the “2024 Summary Compensation Table” under applicable SEC rules. Further, this table does not include information regarding changes in non-qualified deferred compensation earnings, information regarding all other compensation or certain additional footnote disclosure, each as required to be presented in the “2024 Summary Compensation Table” under the rules of the SEC. As such, this table should not be viewed as a substitute for the “2024 Summary Compensation Table”. |                       |                     |                                                |                                       |
| Name                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Annual BaseSalary ($) |    Annual Incentive 
 Target Award ($)(1) | Long-Term IncentivePlan TargetAnnual Award ($) | Target Total DirectCompensation($)(2) |
| Kevin P. ClarkChair and Chief Executive Officer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |             1,462,272 |           2,193,408 |                                     13,500,000 |                            17,155,680 |
| Varun LaroyiaExecutive Vice President and Chief Financial Officer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |               850,000 |             850,000 |                                      4,050,000 |                             5,750,000 |
| Joseph R. MassaroVice Chairman, Engineered Components Group and Former Chief Financial Officer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |             1,275,000 |