Company: APTV
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000950170-25-036263
Chunk: 18

Company: Aptiv PLC
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 18
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 contained in the “2024 Summary Compensation Table” and the “2024 Pay Versus Performance Table”.

The chart above depicts the Target value of performance-based RSUs granted in 2022. The Realized value represents the value of the 2022 performance-based RSUs that vested on December 31, 2024.

Target value reflects 54,125 target performance-based RSUs multiplied by grant date closing share price of $129.44.

Realized value of the performance-based RSUs represents a share price of $60.48 as of December 31, 2024, with a performance factor of 63%, as described in the “2022-2024 Performance-Based RSUs” discussion below.

30 COMPENSATION DISCUSSION AND ANALYSIS OUR NAMED EXECUTIVE OFFICERS For fiscal year 2024, the NEOs were:

| Kevin P. Clark     | Chair and Chief Executive Officer                                             |
| Varun Laroyia      | Executive Vice President and Chief Financial Officer                          |
| Joseph R. Massaro  | Vice Chairman, Engineered Components Group and Former Chief Financial Officer |
| Javed A. Khan      | President, Software and Advanced Safety and User Experience                   |
| Joseph T. Liotine  | Executive Vice President, Electrical Distribution Systems                     |
| Obed D. Louissaint | Executive Vice President and Chief People Officer                             |

Messrs. Laroyia and Massaro were both included as NEOs since they both served as principal financial officer ("PFO") for a portion of 2024, with Mr. Massaro serving as the PFO from January 1, 2024 - November 7, 2024, and Mr. Laroyia serving as the PFO from November 8, 2024 - December 31, 2024. COMPENSATI ON GOVERNANCE AND ALIGNMENT WITH SHAREHOLDERS Aptiv’s executive compensation program is designed to attract, retain and motivate leaders who drive the successful execution of our business strategies. Our program seeks to balance achievement of targeted near-term results with building shareholder value through sustained long-term performance. Our focus on pay-for-performance and corporate governance aims to achieve alignment with the interests of our shareholders, as highlighted below:

| Pay for Performance                                                                                                                                                                                                    | More Information 
          On Page |
| 91% of 2024 total target annual compensation for the CEO is at risk and 78% is granted in equity; on average, 86% of 2024 total target