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

Company: Aptiv PLC
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 14
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| Ana G. Pinczuk     |     |                          | 4,202 |

STOCK OWN ERSHIP GUIDELINES The Board believes that each director should hold a meaningful equity position in the Company, and it has established equity holding requirements for our non-employee directors. The holding requirement for each non-employee director is $600,000 in Aptiv shares, which equals five times the maximum cash retainer a director can select. Each new director has up to five years from his or her date of appointment to fulfill this holding requirement. As of the 2024 measurement of ownership, all non-employee directors, except for Ms. Jakkal who joined the Aptiv Board in 2024 and Professor Janow who joined the Aptiv Board in 2021, were at or above the ownership requirement.

26 COMPENSATION DISCUSSION AND ANALYSIS

| Compensation Discussion and Analysis |

A Note from the Chair of the Compensation and Human Resources Committee Dear Fellow Shareholders, On behalf of the Compensation and Human Resources Committee (“Compensation Committee”), I want to thank you for your investment in Aptiv and your support of the Company’s leadership as we work to drive long-term success of our Company. As more fully described in the letter from our Chair and Chief Executive Officer in this Proxy Statement, Aptiv’s management team has positioned the Company for growth by optimizing the portfolio to further align with global mega trends fueling growth in diverse end markets. In 2024, Aptiv delivered record operating income and significant margin expansion, despite near-term revenue headwinds stemming from meaningful reductions in production schedules from select customers and the broader global reduction in automotive light vehicle production. Looking ahead, we remain confident in Aptiv’s positioning relative to the long-term secular trends – electrification, digitization, artificial intelligence and connectivity. Every year, the Compensation Committee reviews the executive compensation structure to ensure the alignment of incentives and operational performance. The positioning of Aptiv for long-term sustainable revenue and earnings growth, strong operating and financial performance, and the Company’s commitment to pay-for-performance, were core to the Compensation Committee’s decisions in 2024. As the Company continues to emphasize growth in adjacent markets, accounting for nearly 20 percent of revenue in 2024, the Compensation Committee reduced the weighting of Growth over Market performance and emphasized non-automotive adjacent market revenue in our Strategic Results Metric in the 2024 Annual Incentive Plan, to reflect Aptiv’s expansion of revenue sources outside the automotive industry. The Compensation Committee approved