Company: ST
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001477294-25-000059
Chunk: 107

Company: Sensata Technologies Holding plc
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 107
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 target, which it considers to provide an appropriate degree of ”stretch” challenge and an incentive to outperform.

#### Annual LTI Awards
Our annual LTI program for Executive Directors may be a combination of the different elements permitted under the Policy. It currently consists of approximately 55% PRSUs and 45% RSUs. The Committee may grant other awards as permitted under the 2021 Equity Incentive Plan. Without limiting the Committee's discretion, the following explains how the current awards operate:

#### RSUs
RSUs normally vest ratably across three years, beginning on the first anniversary of the grant date. RSU awards are intended to operate as a long-term retention and investment in the Company. As a consequence, vesting in these awards are subject only to a continued employment condition and not to performance conditions; however, realized value is subject to stock price movements. The Committee may impose different vesting terms at its discretion.

#### PRSUs
PRSU achievement is based on performance measures and targets set by the Committee at the start of the performance period, taking into account the Company's short- and long-term financial operating plans and shareholder expectations regarding the Company's earnings performance and growth. PRSUs are currently tied to relative Total Shareholder Return and return on invested capital. The Committee strives to establish challenging but attainable targets with heavy stretch goals for maximum payout.

#### Approach to Recruitment Remuneration
There are a number of factors that the Committee takes into account when making an appointment to the Board, which may vary depending on whether the individual is an external hire or internal promotion. While the intention is that the elements of pay will be consistent with the table set out earlier in this Policy, to allow for the uncertainties associated with making appointments, particularly when recruiting externally, the following guiding principles additionally form part of the appointments policy if further Executive Directors are recruited. The maximums contained within the Policy for fixed pay do not apply to a recruit, either on or joining the Board, or for any subsequent annual review within the life of this Policy as approved by shareholders, although the Committee does not envision exceeding these levels in practice. Further, the

Committee has the discretion to approve changes to elements of pay for new recruits to attract relevant talent.

• Salary levels will be informed by those factors set out in the Policy table and also by an individual's prior experience.

• The annual incentive bonus will be in line with the Policy table.

• The aggregate LTI awards that can be received in one year generally will not exceed