Company: GPI
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001031203-25-000023
Chunk: 32

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 32
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 under the AIP for each NEO:

|                         |     | Annual Incentive Opportunity(as % of Base Salary) |      |   |        |       |   |     |       |   |
| Named Executive Officer |     | Threshold                                         |      |   | Target |       |   | Max |       |   |
| Daryl A. Kenningham     |     |                                                   | 70.0 | % |        | 140.0 | % |     | 280.0 | % |
| Daniel J. McHenry       |     |                                                   | 41.7 | % |        |  83.3 | % |     | 166.7 | % |
| Peter C. DeLongchamps   |     |                                                   | 41.7 | % |        |  83.3 | % |     | 166.7 | % |
| Gillian A. Hobson       |     |                                                   | 41.7 | % |        |  83.3 | % |     | 166.7 | % |
| Michael D. Jones        |     |                                                   | 41.7 | % |        |  83.3 | % |     | 166.7 | % |

#### 38GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT

#### Our Financial Performance Metrics
From time to time, the CHR Committee may change the performance metrics used under the AIP to incentivize management to improve different facets of operating performance or meet specific business objectives. For 2024, the CHR Committee selected adjusted net income from continuing operations and parts and service gross profit as the financial metrics under the AIP, weighted 80% and 20%, respectively. In so doing, the CHR Committee considered multiple factors, including the significant roles NEOs play in driving shareholder returns and the consistency of these metrics with those used by many of the Company’s peers. These metrics also reflect income statement performance for ongoing operations of the Company, consistent with the interests of our shareholders.

|                                                                  |     | Adjusted Net Income from Continuing Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| How is Adjusted Net Income from Continuing Operations defined?   |     | We start with a GAAP measure: Group 1’s net income attributable to common shareholders.* Then we adjust for the impact of certain items that do not arise directly from core operations. These may include, in any given year, non-cash asset impairment charges, out-of-period adjustments, legal