Company: VRT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001193125-25-094674
Chunk: 42

Company: Vertiv Holdings Co
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 42
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 executive session with only the independent directors. On at least an annual basis, the Compensation Committee reviews relevant market data using a peer group representing a set of companies in the industries (mix of industrial and network equipment and services companies) in which we compete. For further information about our process, see “ Peer Group Companies” below. Components of Compensation for 2024

| 1 |     | Base Salary |

Base salaries generally take into account each named executive officer’s existing pay as well as the executive’s position, responsibilities, qualifications, experience and location, the market for the position, the base salaries of other executive officers and the Company’s overall financial performance. The Compensation Committee considers base salary as one component of a total compensation package that needs to be balanced appropriately for each named executive officer. In March 2024, the Compensation Committee approved an increase in Mr. Albertazzi’s base salary from $900,000 to $1,100,000, together with an increase in target bonus percentage, primarily to reflect his successful leadership through his first full year as CEO, as reflected in Vertiv’s record results for 2023, as well as successful execution of strategic imperatives in M&A, technology innovation, high performance culture, manufacturing and capacity capabilities, and operational execution. The increases in Mr. Albertazzi’s total compensation (including equity compensation) also reflected the consideration that given his successful performance since his promotion, it was important to reflect total compensation commensurate closer to or above the median in our Compensation Peer Group. Other increases for the NEOs were based on similar considerations including their individual roles and responsibilities. The table below shows the annualized base salaries in effect at the end of 2024.

|            |     | 2024 Base Salary |
| Albertazzi |     |      $ 1,100,000 |
| Fallon     |     |      $   665,000 |
| Sanghi     |     |      $   515,000 |
| Gill       |     |      $   552,000 |
| Karlborg   |     |      $   530,450 |

| 32 | |     | -  2025 Proxy Statement |

| 2 |     | Vertiv Annual Incentive Plan |

Our focus for the 2024 Vertiv Incentive Plan (“ VIP”) was to align employees under a common set of goals tied to adjusted operating profit and adjusted free