Company: VRT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001193125-25-094674
Chunk: 2

Company: Vertiv Holdings Co
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 2
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Voting:        |     | Stockholders of Vertiv as of the Record Date are entitled to vote. Each share of Vertiv Class A common stock is entitled to one vote for each director nominee and one vote for each of the other proposals to be voted upon at the Annual Meeting. |

Meeting Agenda

| Item |     | Proposal                                                                                                                                                                                                                        |     | Board’s Voting 
 Recommendation |     |      Page 
 Reference |
| ➊    |     | Election of Directors   Elect ten directors to our Board of Directors, each for a term of one year expiring at the 2026 annual meeting of stockholders and until such director’s successor has been duly elected and qualified; |     | FOR            
 (each nominee) |     |        10 |
| ➋    |     | Say-on-Pay   Approve, on an advisory basis, the 2024 compensation of our named executive officers as disclosed in the accompanying proxy statement; and                                                                         |     | FOR            |     |        49 |
| ➌    |     | Independent Auditor   Ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025.                                                            |     | FOR            |     |        50 |

2024 Performance The story of 2024 is one of strong execution and transformation, building on the momentum we established in 2023 and propelling our long-term financial framework forward. With the proliferation of AI and high-performance compute, we have capitalized on the tremendous market opportunity to elevate operational execution by expanding our top line, operating margins, and cash flow throughout 2024. We expanded our manufacturing footprint and capacity, enhanced our systems and services offerings, and further deepened our strategic relationships. Investing in engineering, research and development has strengthened our innovation pipeline, leaving us well-positioned to generate sustained value for our shareholders. What began as a journey to institutionalize operational excellence has evolved into a remarkable demonstration of Vertiv’s ability to deliver sustained, profitable growth at scale. By the numbers, 2024 outlined a story of strength in execution and transformation with net sales reaching a record ~$8.0 billion, representing a 17% growth over 2023. This strong sales performance drove a significant increase in operating profit growing 57% to $1,367 million, adjusted operating profit growing 47% to $1,552 million, operating margin expanding approximately 440 basis points to 17.1%, adjusted operating margin expanding approximately