Company: SSUP
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001140361-25-012052
Chunk: 5

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 5
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 Exchange, Adjusted EBITDA, Adjusted EBITDA as a % of Value-Added Sales, Content per Wheel, Free Cash Flow and Unlevered Free Cash Flow are non-GAAP financial measures. See Appendix A to this Proxy Statement for a reconciliation to the most comparable GAAP measures. |

| (2) | In the year ended December 31, 2024, Superior recognized a $19.9 million loss on extinguishment of debt and other refinancing costs in connection with our amended and restated term loan facility. We also incurred $7.0 million of restructuring charges and $15.0 million in other restructuring related costs. These values are gross tax. |

| (3) | In the year ended December 31, 2023, Superior recognized a $79.6 million SPG deconsolidation loss, $8.1 million of restructuring charges, $29.3 million of other restructuring related costs and $2.9 million of non-restructuring other costs. The drivers of these were mainly related to the deconsolidation of our subsidiary in Germany and our European Transformation. These values are gross tax. |

| * | Stated in 2023 currency |

| 4 |Superior Industries International, Inc. |

TABLE OF CONTENTS

| Proxy Summary•2024 Performance & Business Highlights |

| (1) | Value-Added Sales, Value-Added Adjusted for FX, Adjusted EBITDA and Adjusted EBITDA as a % of Value-Added Sales are non-GAAP financial measures. See Appendix A to this Proxy Statement for a reconciliation to the most comparable GAAP measures. |

| (2) | Growth over Market (“GOM”) is based on Value-Added Sales Adjusted for FX, a non-GAAP financial measure, compared to North American and Western and Central European industry production as reported by IHS on February 17, 2025. |

| * | As reported in FY 2019 & 2024. |

Executive Compensation Highlights Highlights of our 2024 executive compensation program include:

| • | 2024 AIPP Payouts. The Company achieved earnings before interest, taxes, depreciation and amortization, adjusted for AIPP purposes (“AIPP Adjusted EBITDA(A)) of $146.3 million in 2024, which was 88.9% of the $164.6 million target, resulting in funding of the 2024 AIPP annual incentive (or “bonus”) pool