Company: CPS
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001320461-25-000073
Chunk: 6

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 6
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 namely Adjusted EBITDA and FCF, along with a safety metric (measured by achieved Total Incident Rate (“TIR”)).  Continuing to incorporate safety into our annual incentive opportunities for NEOs was deemed appropriate by the Compensation Committee as safety is a core value of the organization and supports delivery of value to all of our stakeholders. For purposes of evaluating potential 2024 incentive payouts, achievement against the Adjusted EBITDA metric determined 95% of funded incentive amounts and the remaining 5% of the funded incentive amounts dependent upon achievement relative to the safety metric. |

| 39 |     | 2025 Proxy Statement |

| Proposal 2 |

| 2025 Proxy Statement |     | 40 |

| Proposal 2 |

| 2024 Achievement Level (Qualifier for any Plan payout) |     | FCF1(000)    |     | Award Payout as % of Award Target                  |
| Target (must be achieved for payout to occur)          |     | Positive FCF |     | Payout will occur based on results of Plan Metrics |

| 1Free Cash Flow is not a measure recognized under U.S. GAAP and is defined as net cash provided by operating activities minus capital expenditures. |

| 2024 Achievement Level (95% Weighting) |     | Adjusted EBITDA1(000) |     | Award Payout as % of Award Target |
| Below Threshold                        |     |        Below $162,000 |     | 0%                                |
| Threshold (90% of target performance)  |     |              $162,000 |     | 25%                               |
| Target                                 |     |              $180,000 |     | 100%                              |
| Superior (125% of target performance)  |     |             $225,000+ |     | 200%                              |

| 1Adjusted EBITDA is not a measure recognized under U.S. GAAP and is defined as net income plus income tax expense, interest expense net of interest income, depreciation and amortization, and certain items that management does not consider to be reflective of the Company's core operating performance. |

| 2024 Achievement Level - Safety (5% Weighting) |     | Total Incident Rate (TIR) |     | Award Payout as % of Award Target |
| Below Threshold                                |     |                Above 0.56 |     | 0%                                |
| Threshold (80% of target performance)          |     |