# EDGAR Filing Document

**Accession Number:** 0001467858
**File Stem:** 0001467858-26-000022
**Filing Date:** 2026-4
**Character Count:** 641205
**Document Hash:** c19475c69099fc733cb3a63fa2e042f5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001467858-26-000022.hdr.sgml**: 20260420

**ACCESSION NUMBER**: 0001467858-26-000022

**CONFORMED SUBMISSION TYPE**: DEF 14A

**PUBLIC DOCUMENT COUNT**: 155

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260420

**DATE AS OF CHANGE**: 20260420

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** General Motors Co
- **CENTRAL INDEX KEY:** 0001467858
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 270756180
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** DEF 14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34960
- **FILM NUMBER:** 26875507

**BUSINESS ADDRESS:**
- **STREET 1:** 1240 WOODWARD AVENUE
- **CITY:** DETROIT
- **STATE:** MI
- **ZIP:** 48265
- **BUSINESS PHONE:** 313.667.1500

**MAIL ADDRESS:**
- **STREET 1:** 1240 WOODWARD AVENUE
- **CITY:** DETROIT
- **STATE:** MI
- **ZIP:** 48265

?xml version='1.0' encoding='ASCII'? gm-20260420

**<u>[**Table of Contents**](#idd7ec7bd38b646a0a19839f0dfb7e9b4_19)</u>**

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

Washington, D.C. 20549

**SCHEDULE 14A**

**Proxy Statement Pursuant to Section 14(a) of the Securities** 

**Exchange Act of 1934 (Amendment No. ___)**

☑ Filed by the Registrant ☐ Filed by a Party other than the Registrant

---

| | |
|:---|:---|
| **Check the appropriate box:** | **Check the appropriate box:** |
| ☐ | Preliminary Proxy Statement |
| ☐  | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☑ | Definitive Proxy Statement |
| ☐  | Definitive Additional Materials |
| ☐  | Soliciting Material under §.240.14a-12 |

---

**GENERAL MOTORS COMPANY**

1240 Woodward Avenue, Detroit, Michigan 48265

*(Name of Registrant as Specified in its Charter)* 

*(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)* 

---

| | |
|:---|:---|
| **Payment of Filing Fee (Check all boxes that apply):** | **Payment of Filing Fee (Check all boxes that apply):** |
| ☑ | No fee required |
| ☐ | Fee paid previously with preliminary materials |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |

---

![01_PRO014722_GM_FC.jpg](gm-20260420_g1.jpg)

![01_PRO014722_GM_IFC.jpg](gm-20260420_g2.jpg)

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **i** |

---

**To Our Fellow Shareholders,**

In advance of the 2026 Annual Meeting of Shareholders, we are pleased to report strong momentum at General

Motors Company ("GM", the "Company", "we" or "us"), based on a multiyear foundation of product excellence,

operating discipline, and resilience, that we believe sets the foundation for a bright future and differentiates the

Company from its peers.

**Three Core Success Drivers: Agile Strategy, Operational Excellence,** 

**and Balanced Capital Allocation**

In 2025, the Board was actively engaged in shaping and overseeing the Company's strategy, which remains

focused on delivering exceptional products our customers love that drive profitability and growth. The Company

responded with agility to major trade policy and regulatory shifts impacting our industry, as we worked with

management to pivot capital investment priorities across our strategic pillars by increasing focus on highly

profitable internal combustion engine products and proactively reducing EV capacity, including through

rightsizing our manufacturing footprint and battery cell capacity to align with market demand. In connection

with this strategic EV realignment, we impaired certain EV assets and recorded other charges that we believe

will help us achieve improved EV profitability in the future. The Company believes demand for EVs will grow over

the long term, so it continues to execute its plan to make them more profitable and more accessible to

consumers, including by launching an innovative Lithium Manganese-Rich battery chemistry to reduce cell

costs. Ensuring our EV business is well-positioned for the future will require continued investment, but at

lower levels.

We also accelerated our high-margin software and services lines of business, which included a record 12 million

global subscribers for OnStar and nearly 80 percent year-over-year growth for Super Cruise to more than

620,000 subscribers, together driving over $5.4 billion in deferred revenue at the end of 2025.

Thanks to the Company's ability to adapt in this dynamic environment, we achieved our highest full-year market

share in a decade and fourth consecutive year of market growth. Further, the Company's strong foundation and

operational discipline facilitated all phases of our capital allocation program, from investing in the business and

our people, to maintaining a strong balance sheet, and returning capital to shareholders. Given this

performance, in January we took action to reaffirm our commitment to shareholder returns by authorizing a

new $6 billion share repurchase program and increasing the quarterly dividend rate by 20 percent to

$0.18 per share.

The market has endorsed our strategy and recognized our focus and discipline, resulting in exceptional

shareholder returns — over 50 percent total return for a second year in a row — that have outperformed key

competitors as well as the S&P 500 Index.

**Shaping the Board and** 

**Management Team of the Future** 

In 2026, we are continuing to prioritize alignment of the Company's strategy with the best interests of our

shareholders and customers, now and in the future.

**ii** ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)

With respect to the Board, we have a strong and well-established process for Board member selection that is directly

linked to the strategic needs of the business and ensures each member brings a unique skill set and perspective that

complement the Board as a whole. We believe our current Board comprises a strong mix of directors with a wide range

of relevant expertise and skills, including a breadth of experience in dealing with transformative change across our

industry. To ensure the continuity of our Board while also balancing the importance of refreshment, we recently

approved an amendment to our Corporate Governance Guidelines that sets the non-employee director retirement age

at 75 and adds a term limit of 20 years.

Another priority for the Board is to continue evolving the skills of the Company's senior leaders as part of our

management succession planning. We devote a significant portion of time at each Board meeting to this effort.

The Board regularly meets with the next generation of talent and has focused on broadening the already strong

internal talent base with fresh ideas and skills from other industries. We believe this talent development process will

provide the right leadership and skill sets the Company needs to meet the opportunities and demands of the future.

**Annual Meeting Preview**

We encourage you to review this Proxy Statement which describes our corporate governance practices

designed to foster effective oversight of the Company's business risks and strategy. We look forward to hearing

from you at the annual meeting and at that time will provide a further update on the Company's performance

and answer your questions. We remain committed to working on your behalf and serving the best interest of

shareholders. Thank you in advance for your continued support of General Motors.

Sincerely,

---

| | | | |
|:---|:---|:---|:---|
| ![05 439032-1_signatures_Mary Barra.jpg](gm-20260420_g4.jpg)<br>| ![05 439032-1_signatures_Patricia Russo.jpg](gm-20260420_g5.jpg)<br>| ![05 439032-1_signatures_Wesley Bush.jpg](gm-20260420_g6.jpg)<br>| ![05 439032-1_signatures_Joanne Crevoiserat.jpg](gm-20260420_g7.jpg)<br>|
| **Mary T. Barra**<br>Chair and CEO <br>| **Patricia F. Russo**<br>Independent <br>Lead Director <br>| **Wesley G. Bush** | **Joanne C. Crevoiserat** |
| ![05 439032-1_signatures_Joseph Jimenez.jpg](gm-20260420_g8.jpg)<br>| ![05_439032-1_signatures_AFK.jpg](gm-20260420_g9.jpg)<br>| ![05 439032-1_signatures_Jonathan McNeill.jpg](gm-20260420_g10.jpg)<br>| ![05 439032-1_signatures_Judith Miscik.jpg](gm-20260420_g11.jpg)<br>|
| **Joseph Jimenez** | **Alfred F. Kelly, Jr.** | **Jonathan McNeill** | **Judith A. Miscik** |

---

---

| | | |
|:---|:---|:---|
| ![05 439032-1_signatures_Mark Tatum.jpg](gm-20260420_g12.jpg)<br>| ![05 439032-1_signatures_Jan Tighe.jpg](gm-20260420_g13.jpg)<br>| ![05 439032-1_signatures_Devin Wenig.jpg](gm-20260420_g14.jpg)<br>|
| **Mark A. Tatum** | **Jan E. Tighe** | **Devin N. Wenig** |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **iii** |

---

Notice of 2026 Annual Meeting

of Shareholders

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Meeting Information** | **Meeting Information** | **Meeting Information** | **Meeting Information** | **Meeting Information** | **Meeting Information** |
| ![02_GM_Notice_RecordDate.jpg](gm-20260420_g15.jpg) | **Date and Time:**<br>June 2, 2026<br>2:30 p.m. Eastern Time<br>| ![02_GM_Notice_Place.jpg](gm-20260420_g16.jpg) | **Place:**<br>Online via live webcast at:<br><u>virtualshareholdermeeting.com/GM2026</u><br>| <br>![02_GM_Notice_Date&Time.jpg](gm-20260420_g17.jpg)<br>| **Record Date:**<br>April 6, 2026<br>|

---

**April 20, 2026**

**Dear Shareholders:**

The Board of Directors of General Motors Company invites you to attend the 2026 Annual Meeting of Shareholders.

At the Annual Meeting, you will be asked to:

• Elect the 11 Board-recommended director nominees named in this Proxy Statement;

• Ratify the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for 2026;

• Approve, on an advisory basis, named executive officer compensation;

• Approve, on an advisory basis, the frequency of future advisory votes on named executive officer compensation;

• Approve Amendment No. 2 to the Company's 2020 Long-Term Incentive Plan to increase the number of shares available

for issuance thereunder;

• Vote on Rule 14a-8 shareholder proposals, if properly presented at the meeting; and

• Transact any other business that is properly presented at the meeting.

A list of the Company's registered shareholders will be available for examination for any purpose that is germane to the

meeting for ten business days before the Annual Meeting. Shareholders may request to review the list by emailing the

Company at <u>shareholder.relations@gm.com</u>.

This Proxy Statement is provided in conjunction with GM's solicitation of proxies to be used at the Annual Meeting. For

additional information about how to attend our Annual Meeting, see "General Information About the Annual Meeting"

starting on page [99](#idd7ec7bd38b646a0a19839f0dfb7e9b4_160) of this Proxy Statement.

Thank you for your continued investment in General Motors Company.

By Order of the Board of Directors,

![05-439032-1_signatures_Grant-Dixton.jpg](gm-20260420_g18.jpg)

---

| | |
|:---|:---|
| ![05_GM_Notice_DixtonG.jpg](gm-20260420_g19.jpg) | **Grant Dixton**<br>Executive Vice President, <br>Chief Legal & Public Policy Officer, and Corporate Secretary<br>|

---

---

| | | |
|:---|:---|:---|
| **Your Vote Is Important**<br>Please promptly submit your vote by internet <br>or telephone, or by signing, dating, and <br>returning the enclosed proxy card or voting <br>instruction form in the postage-paid envelope <br>provided, so that your shares will be <br>represented and voted at the meeting.<br>We are first mailing these proxy materials to <br>our shareholders on or about April 20, 2026. | **How to Access the Proxy Materials Online**<br>**Important Notice Regarding the Availability of Proxy** <br>**Materials for the 2026 Annual Meeting of Shareholders to** <br>**be held on June 2, 2026:** | **How to Access the Proxy Materials Online**<br>**Important Notice Regarding the Availability of Proxy** <br>**Materials for the 2026 Annual Meeting of Shareholders to** <br>**be held on June 2, 2026:** |
| **Your Vote Is Important**<br>Please promptly submit your vote by internet <br>or telephone, or by signing, dating, and <br>returning the enclosed proxy card or voting <br>instruction form in the postage-paid envelope <br>provided, so that your shares will be <br>represented and voted at the meeting.<br>We are first mailing these proxy materials to <br>our shareholders on or about April 20, 2026. | Our Proxy Statement and 2025 Annual <br>Report are available at <u>investor.gm.com/</u><br><u>shareholder</u>. You may also scan the QR code <br>with your smartphone or other mobile device <br>to view our Proxy Statement and <br>Annual Report.<br>| ![05_GM_QRCode.jpg](gm-20260420_g20.jpg) |

---

**iv** ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)

**Table of Contents**

---

| | | |
|:---|:---|:---|
| **[Proxy Summary](#idd7ec7bd38b646a0a19839f0dfb7e9b4_22)** | **[Proxy Summary](#idd7ec7bd38b646a0a19839f0dfb7e9b4_22)** | **[1](#idd7ec7bd38b646a0a19839f0dfb7e9b4_22)** |
| **[Board and Governance Matters](#idd7ec7bd38b646a0a19839f0dfb7e9b4_25)** | **[Board and Governance Matters](#idd7ec7bd38b646a0a19839f0dfb7e9b4_25)** | **[4](#idd7ec7bd38b646a0a19839f0dfb7e9b4_25)** |
| ![IMG_03.jpg](gm-20260420_g21.jpg) |  |  |
| ![IMG_03.jpg](gm-20260420_g21.jpg) | **[ITEM: 1](#idd7ec7bd38b646a0a19839f0dfb7e9b4_28)**<br>**[Annual Election of Directors](#idd7ec7bd38b646a0a19839f0dfb7e9b4_28)**<br>| **[4](#idd7ec7bd38b646a0a19839f0dfb7e9b4_28)** |
| [Board Membership Criteria, Refreshment, and](#idd7ec7bd38b646a0a19839f0dfb7e9b4_31)<br>[Succession Planning](#idd7ec7bd38b646a0a19839f0dfb7e9b4_31) | [Board Membership Criteria, Refreshment, and](#idd7ec7bd38b646a0a19839f0dfb7e9b4_31)<br>[Succession Planning](#idd7ec7bd38b646a0a19839f0dfb7e9b4_31) | [5](#idd7ec7bd38b646a0a19839f0dfb7e9b4_31) |
| [Director Nominee Biographies](#idd7ec7bd38b646a0a19839f0dfb7e9b4_34) | [Director Nominee Biographies](#idd7ec7bd38b646a0a19839f0dfb7e9b4_34) | [9](#idd7ec7bd38b646a0a19839f0dfb7e9b4_34) |
| [Director Nomination Process](#idd7ec7bd38b646a0a19839f0dfb7e9b4_37) | [Director Nomination Process](#idd7ec7bd38b646a0a19839f0dfb7e9b4_37) | [15](#idd7ec7bd38b646a0a19839f0dfb7e9b4_37) |
| **[Corporate Governance](#idd7ec7bd38b646a0a19839f0dfb7e9b4_40)** | **[Corporate Governance](#idd7ec7bd38b646a0a19839f0dfb7e9b4_40)** | **[18](#idd7ec7bd38b646a0a19839f0dfb7e9b4_40)** |
| [The Board of Directors](#idd7ec7bd38b646a0a19839f0dfb7e9b4_43) | [The Board of Directors](#idd7ec7bd38b646a0a19839f0dfb7e9b4_43) | [18](#idd7ec7bd38b646a0a19839f0dfb7e9b4_43) |
| [Board Leadership Structure and Composition](#idd7ec7bd38b646a0a19839f0dfb7e9b4_46) | [Board Leadership Structure and Composition](#idd7ec7bd38b646a0a19839f0dfb7e9b4_46) | [18](#idd7ec7bd38b646a0a19839f0dfb7e9b4_46) |
| [Board Committees](#idd7ec7bd38b646a0a19839f0dfb7e9b4_49) | [Board Committees](#idd7ec7bd38b646a0a19839f0dfb7e9b4_49) | [19](#idd7ec7bd38b646a0a19839f0dfb7e9b4_49) |
| [The Board's Role and Responsibilities](#idd7ec7bd38b646a0a19839f0dfb7e9b4_52) | [The Board's Role and Responsibilities](#idd7ec7bd38b646a0a19839f0dfb7e9b4_52) | [23](#idd7ec7bd38b646a0a19839f0dfb7e9b4_52) |
| [Board Processes and Insights](#idd7ec7bd38b646a0a19839f0dfb7e9b4_55) | [Board Processes and Insights](#idd7ec7bd38b646a0a19839f0dfb7e9b4_55) | [26](#idd7ec7bd38b646a0a19839f0dfb7e9b4_55) |
| [Shareholder Protections and Governance](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1394)<br>[Best Practices](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1394) | [Shareholder Protections and Governance](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1394)<br>[Best Practices](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1394) | [29](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1394) |
| [Related Party Transactions and Potential](#idd7ec7bd38b646a0a19839f0dfb7e9b4_61)<br>[Conflicts of Interest](#idd7ec7bd38b646a0a19839f0dfb7e9b4_61) | [Related Party Transactions and Potential](#idd7ec7bd38b646a0a19839f0dfb7e9b4_61)<br>[Conflicts of Interest](#idd7ec7bd38b646a0a19839f0dfb7e9b4_61) | [30](#idd7ec7bd38b646a0a19839f0dfb7e9b4_61) |
| **[Non-Employee Director Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_64)** | **[Non-Employee Director Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_64)** | **[31](#idd7ec7bd38b646a0a19839f0dfb7e9b4_64)** |
| [Guiding Principles](#idd7ec7bd38b646a0a19839f0dfb7e9b4_67) | [Guiding Principles](#idd7ec7bd38b646a0a19839f0dfb7e9b4_67) | [31](#idd7ec7bd38b646a0a19839f0dfb7e9b4_67) |
| [Other Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_70) | [Other Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_70) | [33](#idd7ec7bd38b646a0a19839f0dfb7e9b4_70) |
| [2025 Non-Employee Director Compensation Table](#idd7ec7bd38b646a0a19839f0dfb7e9b4_73) | [2025 Non-Employee Director Compensation Table](#idd7ec7bd38b646a0a19839f0dfb7e9b4_73) | [33](#idd7ec7bd38b646a0a19839f0dfb7e9b4_73) |
| **[Audit Matters](#idd7ec7bd38b646a0a19839f0dfb7e9b4_76)** | **[Audit Matters](#idd7ec7bd38b646a0a19839f0dfb7e9b4_76)** | **[35](#idd7ec7bd38b646a0a19839f0dfb7e9b4_76)** |
| ![IMG_03.jpg](gm-20260420_g21.jpg) |  |  |
| ![IMG_03.jpg](gm-20260420_g21.jpg) | **[ITEM: 2](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)**<br>**[Proposal to Ratify the Selection of Ernst &](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)**<br>**[Young LLP as the Company's Independent](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)**<br>**[Registered Public Accounting Firm](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)**<br>**[for 2026](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)** | **[35](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)** |
|  | **[ITEM: 2](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)**<br>**[Proposal to Ratify the Selection of Ernst &](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)**<br>**[Young LLP as the Company's Independent](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)**<br>**[Registered Public Accounting Firm](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)**<br>**[for 2026](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)** | **[35](#idd7ec7bd38b646a0a19839f0dfb7e9b4_79)** |
| [Audit Committee Report](#idd7ec7bd38b646a0a19839f0dfb7e9b4_82) | [Audit Committee Report](#idd7ec7bd38b646a0a19839f0dfb7e9b4_82) | [36](#idd7ec7bd38b646a0a19839f0dfb7e9b4_82) |
| [Fees Paid to Independent Registered Public](#idd7ec7bd38b646a0a19839f0dfb7e9b4_85)<br>[Accounting Firm](#idd7ec7bd38b646a0a19839f0dfb7e9b4_85) | [Fees Paid to Independent Registered Public](#idd7ec7bd38b646a0a19839f0dfb7e9b4_85)<br>[Accounting Firm](#idd7ec7bd38b646a0a19839f0dfb7e9b4_85) | [37](#idd7ec7bd38b646a0a19839f0dfb7e9b4_85) |
| [Policy for Approval of Audit and Permitted](#idd7ec7bd38b646a0a19839f0dfb7e9b4_88)<br>[Non-Audit Services](#idd7ec7bd38b646a0a19839f0dfb7e9b4_88) | [Policy for Approval of Audit and Permitted](#idd7ec7bd38b646a0a19839f0dfb7e9b4_88)<br>[Non-Audit Services](#idd7ec7bd38b646a0a19839f0dfb7e9b4_88) | [38](#idd7ec7bd38b646a0a19839f0dfb7e9b4_88) |
| **[Executive Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_91)** | **[Executive Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_91)** | **[39](#idd7ec7bd38b646a0a19839f0dfb7e9b4_91)** |
| ![IMG_03.jpg](gm-20260420_g21.jpg) |  |  |
| ![IMG_03.jpg](gm-20260420_g21.jpg) | **[ITEM: 3](#idd7ec7bd38b646a0a19839f0dfb7e9b4_94)**<br>**[Proposal to Approve, on an Advisory Basis,](#idd7ec7bd38b646a0a19839f0dfb7e9b4_94)**<br>**[Named Executive Officer Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_94)** | **[39](#idd7ec7bd38b646a0a19839f0dfb7e9b4_94)** |
|  | **[ITEM: 3](#idd7ec7bd38b646a0a19839f0dfb7e9b4_94)**<br>**[Proposal to Approve, on an Advisory Basis,](#idd7ec7bd38b646a0a19839f0dfb7e9b4_94)**<br>**[Named Executive Officer Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_94)** | **[39](#idd7ec7bd38b646a0a19839f0dfb7e9b4_94)** |
| [Letter From the Compensation Committee Chair](#idd7ec7bd38b646a0a19839f0dfb7e9b4_97) | [Letter From the Compensation Committee Chair](#idd7ec7bd38b646a0a19839f0dfb7e9b4_97) | [40](#idd7ec7bd38b646a0a19839f0dfb7e9b4_97) |
| [Compensation Discussion and Analysis](#idd7ec7bd38b646a0a19839f0dfb7e9b4_100) | [Compensation Discussion and Analysis](#idd7ec7bd38b646a0a19839f0dfb7e9b4_100) | [42](#idd7ec7bd38b646a0a19839f0dfb7e9b4_100) |
| [Compensation Committee Report](#idd7ec7bd38b646a0a19839f0dfb7e9b4_118) | [Compensation Committee Report](#idd7ec7bd38b646a0a19839f0dfb7e9b4_118) | [61](#idd7ec7bd38b646a0a19839f0dfb7e9b4_118) |

---

---

| | | |
|:---|:---|:---|
| [Executive Compensation Tables](#idd7ec7bd38b646a0a19839f0dfb7e9b4_121) | [Executive Compensation Tables](#idd7ec7bd38b646a0a19839f0dfb7e9b4_121) | [62](#idd7ec7bd38b646a0a19839f0dfb7e9b4_121) |
| [CEO Pay Ratio](#idd7ec7bd38b646a0a19839f0dfb7e9b4_124) | [CEO Pay Ratio](#idd7ec7bd38b646a0a19839f0dfb7e9b4_124) | [73](#idd7ec7bd38b646a0a19839f0dfb7e9b4_124) |
| [Pay Versus Performance](#idd7ec7bd38b646a0a19839f0dfb7e9b4_127) | [Pay Versus Performance](#idd7ec7bd38b646a0a19839f0dfb7e9b4_127) | [74](#idd7ec7bd38b646a0a19839f0dfb7e9b4_127) |
| [Equity Compensation Plan Information](#idd7ec7bd38b646a0a19839f0dfb7e9b4_157) | [Equity Compensation Plan Information](#idd7ec7bd38b646a0a19839f0dfb7e9b4_157) | [77](#idd7ec7bd38b646a0a19839f0dfb7e9b4_157) |
| ![IMG_03.jpg](gm-20260420_g21.jpg) |  |  |
| ![IMG_03.jpg](gm-20260420_g21.jpg) | **[ITEM: 4](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)**<br>**[Proposal to Approve, on an Advisory Basis,](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)**<br>**[the Frequency of Future Advisory Votes on](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)**<br>**[Named Executive Officer Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)** | **[78](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)** |
|  | **[ITEM: 4](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)**<br>**[Proposal to Approve, on an Advisory Basis,](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)**<br>**[the Frequency of Future Advisory Votes on](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)**<br>**[Named Executive Officer Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)** | **[78](#idd7ec7bd38b646a0a19839f0dfb7e9b4_133)** |
| ![IMG_03.jpg](gm-20260420_g21.jpg) |  |  |
| ![IMG_03.jpg](gm-20260420_g21.jpg) | **ITEM: 5**<br>**Proposal to Approve Amendment No. 2 to** <br>**the Company's 2020 Long-Term Incentive** <br>**Plan to Increase the Number of Shares** <br>**Available for Issuance Thereunder** | **[79](#idd7ec7bd38b646a0a19839f0dfb7e9b4_549755814887)** |
|  | **ITEM: 5**<br>**Proposal to Approve Amendment No. 2 to** <br>**the Company's 2020 Long-Term Incentive** <br>**Plan to Increase the Number of Shares** <br>**Available for Issuance Thereunder** | **[79](#idd7ec7bd38b646a0a19839f0dfb7e9b4_549755814887)** |
| **[Stewardship Engagement Process and Oversight](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1366)** | **[Stewardship Engagement Process and Oversight](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1366)** | **[90](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1366)** |
| [Oversight of Other Stewardship Topics](#idd7ec7bd38b646a0a19839f0dfb7e9b4_58) | [Oversight of Other Stewardship Topics](#idd7ec7bd38b646a0a19839f0dfb7e9b4_58) | [91](#idd7ec7bd38b646a0a19839f0dfb7e9b4_58) |
| **[Shareholder Proposals](#idd7ec7bd38b646a0a19839f0dfb7e9b4_139)** | **[Shareholder Proposals](#idd7ec7bd38b646a0a19839f0dfb7e9b4_139)** | **[92](#idd7ec7bd38b646a0a19839f0dfb7e9b4_139)** |
| ![02_439032(3)_icon_cross.jpg](gm-20260420_g22.jpg) |  |  |
| ![02_439032(3)_icon_cross.jpg](gm-20260420_g22.jpg) | **[ITEM: 6](#idd7ec7bd38b646a0a19839f0dfb7e9b4_142)**<br>**[Shareholder Proposal Regarding](#idd7ec7bd38b646a0a19839f0dfb7e9b4_142)**<br>**[Separation of Chair and CEO Roles](#idd7ec7bd38b646a0a19839f0dfb7e9b4_142)** | **[93](#idd7ec7bd38b646a0a19839f0dfb7e9b4_142)** |
|  | **[ITEM: 6](#idd7ec7bd38b646a0a19839f0dfb7e9b4_142)**<br>**[Shareholder Proposal Regarding](#idd7ec7bd38b646a0a19839f0dfb7e9b4_142)**<br>**[Separation of Chair and CEO Roles](#idd7ec7bd38b646a0a19839f0dfb7e9b4_142)** | **[93](#idd7ec7bd38b646a0a19839f0dfb7e9b4_142)** |
| [Board Response](#idd7ec7bd38b646a0a19839f0dfb7e9b4_145) | [Board Response](#idd7ec7bd38b646a0a19839f0dfb7e9b4_145) | [94](#idd7ec7bd38b646a0a19839f0dfb7e9b4_145) |
| ![02_439032(3)_icon_cross.jpg](gm-20260420_g22.jpg) |  |  |
| ![02_439032(3)_icon_cross.jpg](gm-20260420_g22.jpg) | **[ITEM: 7](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)**<br>**[Shareholder Proposal Requesting a Report](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)**<br>**[on Human Rights Standards for Indigenous](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)**<br>**[Peoples](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)** | **[95](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)** |
|  | **[ITEM: 7](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)**<br>**[Shareholder Proposal Requesting a Report](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)**<br>**[on Human Rights Standards for Indigenous](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)**<br>**[Peoples](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)** | **[95](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1192)** |
| [Board Response](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1353) | [Board Response](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1353) | [96](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1353) |
| **[Security Ownership Information](#idd7ec7bd38b646a0a19839f0dfb7e9b4_148)** | **[Security Ownership Information](#idd7ec7bd38b646a0a19839f0dfb7e9b4_148)** | **[97](#idd7ec7bd38b646a0a19839f0dfb7e9b4_148)** |
| [Security Ownership of Directors, Named Executive](#idd7ec7bd38b646a0a19839f0dfb7e9b4_151)<br>[Officers, and Certain Other Beneficial Owners](#idd7ec7bd38b646a0a19839f0dfb7e9b4_151) | [Security Ownership of Directors, Named Executive](#idd7ec7bd38b646a0a19839f0dfb7e9b4_151)<br>[Officers, and Certain Other Beneficial Owners](#idd7ec7bd38b646a0a19839f0dfb7e9b4_151) | [97](#idd7ec7bd38b646a0a19839f0dfb7e9b4_151) |
| [Delinquent Section 16(a) Reporting](#idd7ec7bd38b646a0a19839f0dfb7e9b4_154) | [Delinquent Section 16(a) Reporting](#idd7ec7bd38b646a0a19839f0dfb7e9b4_154) | [98](#idd7ec7bd38b646a0a19839f0dfb7e9b4_154) |
| **[General Information About the Annual Meeting](#idd7ec7bd38b646a0a19839f0dfb7e9b4_160)** | **[General Information About the Annual Meeting](#idd7ec7bd38b646a0a19839f0dfb7e9b4_160)** | **[99](#idd7ec7bd38b646a0a19839f0dfb7e9b4_160)** |
| **[Defined Terms, Commonly Used Acronyms, and](#idd7ec7bd38b646a0a19839f0dfb7e9b4_166)**<br>**[Cautionary Statements](#idd7ec7bd38b646a0a19839f0dfb7e9b4_166)** | **[Defined Terms, Commonly Used Acronyms, and](#idd7ec7bd38b646a0a19839f0dfb7e9b4_166)**<br>**[Cautionary Statements](#idd7ec7bd38b646a0a19839f0dfb7e9b4_166)** | **[104](#idd7ec7bd38b646a0a19839f0dfb7e9b4_166)** |
| **[Appendix A: Non-GAAP Financial Measures](#idd7ec7bd38b646a0a19839f0dfb7e9b4_169)** | **[Appendix A: Non-GAAP Financial Measures](#idd7ec7bd38b646a0a19839f0dfb7e9b4_169)** | **[A-1](#idd7ec7bd38b646a0a19839f0dfb7e9b4_172)** |
| **Appendix B: Amendment No. 2 to the General** <br>**Motors Company 2020 Long-Term Incentive Plan** | **Appendix B: Amendment No. 2 to the General** <br>**Motors Company 2020 Long-Term Incentive Plan** | **[B-1](#idd7ec7bd38b646a0a19839f0dfb7e9b4_549755815101)** |

---

**2026 Proxy Statement**<sub>1</sub>

## Proxy Summary
**Financial Highlights**

---

| | | |
|:---|:---|:---|
| **$2.7B**<br>Net Income Attributable <br>to Shareholders <br>| **1.5%**<br>Net Income Margin<br>| **$3.27**<br>EPS-diluted<br>|
| **$12.7B**<br>EBIT-adjusted<sup>(1)</sup><br>| **6.9%**<br>EBIT-adjusted<sup>(1)</sup> margin<br>| **$10.60**<br>EPS-diluted-adjusted<sup>(1)</sup><br>|
| **$185.0B**<br>Revenue<br>| **54%**<br>TSR<br>| **$6.5B**<br>Returned to Shareholders via <br>Dividends and Share Repurchases<br>|

---

<sup>(1)</sup> Non-GAAP financial measure. Refer to Appendix A for a reconciliation of non-GAAP financial measures to their closest comparable

GAAP measure.

**Performance Highlights**

---

| | |
|:---|:---|
| **U.S. Market Leader**<br>**#1** in total sales with 2.9M deliveries<br>**#1** in full-size pickup trucks for <br>6th straight year<br>**#1** in full-size SUVs for 51st year<br>| •Deferred revenue from OnStar services, <br>including Super Cruise, was $5.4B at the <br>end of 2025; up 65% year-over-year<br>•Full-year EV sales rose 48% year-over-<br>year and GM remained #2 in the U.S. <br>•Mitigated more than 40% of $3.1B gross <br>tariffs through go-to-market strategy, <br>footprint changes and cost efficiencies <br>|

---

---

| | |
|:---|:---|
| **2** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Proxy Summary**

**Election of Directors**

**Snapshot of 2026 Board Nominees**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg) | **Mary T. Barra**<br>**Age:** 64<br>**Director since:** 2014<br>| ![05_GM_BushW.jpg](gm-20260420_g24.jpg)<br>| **Wesley G. Bush**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age:** 65<br>**Director since:** 2019<br>| ![05_GM_CrevoiseratJ.jpg](gm-20260420_g26.jpg) | **Joanne C.** <br>**Crevoiserat**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age:** 62<br>**Director since:** 2022<br>|
| Chair and Chief Executive Officer, <br>General Motors Company | Chair and Chief Executive Officer, <br>General Motors Company | Retired Chairman and Chief Executive <br>Officer, Northrop Grumman Corporation | Retired Chairman and Chief Executive <br>Officer, Northrop Grumman Corporation | Chief Executive Officer, Tapestry, Inc. | Chief Executive Officer, Tapestry, Inc. |
| **Committee memberships:**<br>**EC** | **Committee memberships:**<br>**EC** | **Committee memberships:**<br>**AC** \| EC \| CC \| FC | **Committee memberships:**<br>**AC** \| EC \| CC \| FC | **Committee memberships:**<br>AC \| FC \| GC | **Committee memberships:**<br>AC \| FC \| GC |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ![05_GM_JimenezJ.jpg](gm-20260420_g27.jpg) | **Joseph Jimenez**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age:** 66<br>**Director since:** 2015<br>| ![05_GM_KellyA.jpg](gm-20260420_g28.jpg) | **Alfred F. Kelly, Jr.**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age:** 67<br>**Director since:** 2024<br>| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg) | **Jonathan McNeill**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age:** 58<br>**Director since:** 2022<br>|
| Co-Founder and Managing Director, <br>Aditum Bio | Co-Founder and Managing Director, <br>Aditum Bio | Retired Chief Executive Officer and <br>Chairman, Visa Inc. | Retired Chief Executive Officer and <br>Chairman, Visa Inc. | Co-Founder and Chief Executive Officer, <br>DVX Ventures | Co-Founder and Chief Executive Officer, <br>DVX Ventures |
| **Committee memberships:**<br>EC \| CC \| **FC** \| RC | **Committee memberships:**<br>EC \| CC \| **FC** \| RC | **Committee memberships:**<br>AC \| RC | **Committee memberships:**<br>AC \| RC | **Committee memberships:**<br>GC \| RC | **Committee memberships:**<br>GC \| RC |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ![05_GM_MiscikJ.jpg](gm-20260420_g30.jpg) | **Judith A. Miscik**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age:** 67<br>**Director since:** 2018<br>| ![05_GM_RussoP.jpg](gm-20260420_g31.jpg)<br>| **Patricia F. Russo**<br>![02 439032-1_ticker-independent Lead Director.jpg](gm-20260420_g32.jpg)<br>**Age:** 73<br>**Director since:** 2009 | ![05_GM_TatumM.jpg](gm-20260420_g33.jpg)<br>| **Mark A. Tatum**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age:** 56<br>**Director since:** 2021<br>|
|  |  |  | **Patricia F. Russo**<br>![02 439032-1_ticker-independent Lead Director.jpg](gm-20260420_g32.jpg)<br>**Age:** 73<br>**Director since:** 2009 |  |  |
| Senior Advisor, Lazard <br>Geopolitical Advisory | Senior Advisor, Lazard <br>Geopolitical Advisory | Chair, Hewlett Packard <br>Enterprise Company | Chair, Hewlett Packard <br>Enterprise Company | Deputy Commissioner and Chief <br>Operating Officer, National <br>Basketball Association | Deputy Commissioner and Chief <br>Operating Officer, National <br>Basketball Association |
| **Committee memberships:**<br>EC \| FC \| **RC** | **Committee memberships:**<br>EC \| FC \| **RC** | **Committee memberships:**<br>EC \| CC \| FC \| **GC** | **Committee memberships:**<br>EC \| CC \| FC \| **GC** | **Committee memberships:**<br>AC \| GC | **Committee memberships:**<br>AC \| GC |

---

---

| | | | |
|:---|:---|:---|:---|
| ![05_GM_TigheJ.jpg](gm-20260420_g34.jpg)<br>| **Jan E. Tighe**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age**: 63<br>**Director since**: 2023<br>| ![05_GM_WenigD.jpg](gm-20260420_g35.jpg)<br>| **Devin N. Wenig**<br>![02 439032-1_ticker-independent.jpg](gm-20260420_g25.jpg)<br>**Age:** 59<br>**Director since:** 2018<br>|
| Retired Vice Admiral, U.S. Navy | Retired Vice Admiral, U.S. Navy | Co-Founder and Chief Executive Officer, <br>Symbolic.ai | Co-Founder and Chief Executive Officer, <br>Symbolic.ai |
| **Committee memberships:**<br>AC \| RC | **Committee memberships:**<br>AC \| RC | **Committee memberships:**<br>EC \| **CC**  | **Committee memberships:**<br>EC \| **CC**  |

---

---

| | | | |
|:---|:---|:---|:---|
| **AC** – Audit Committee<br>**EC** – Executive Committee<br>| **CC** – Executive Compensation <br>Committee<br>**FC** – Finance Committee<br>| **GC** – Governance and Corporate <br>Responsibility Committee<br>**RC** – Risk and Cybersecurity <br>Committee<br>| ■ – Committee Chair |

---

**2026 Proxy Statement**<sub>3</sub>

**Proxy Summary**

**Compensation Highlights**

Our executive compensation program is designed to focus our leaders on key areas that drive the business forward, align to

the short-term and long-term interests of our shareholders, and reward our leaders for delivering on the Company's strategy

and vision.

**Elements of Compensation** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Compensation**<br>**Components** | **Short-Term Cash** | **Short-Term Cash** | **Long-Term Equity** |  |
| **Compensation**<br>**Components** | **Salary** | **STIP** | **PSUs** | **RSUs** |
| **Link to Strategy** | Reflects contribution, <br>experience, <br>knowledge, skills, and <br>performance<br>| Based on <br>achievements of <br>Company financial <br>goals and goals linked <br>to our strategic pillars<br>| Aligns leadership with long-<br>term Company goals and <br>shareholder interests, with <br>an increased focus <br>on Company <br>cash generation<br>| Promotes executive <br>retention, stock <br>ownership, and <br>alignment with <br>shareholder interests<br>|

---

**CEO and NEO Pay Mix**

![03_PRO439032_PIE PAY MIX_CEO.jpg](gm-20260420_g36.jpg)

![03_PRO439032_PIE PAY MIX_NEO.jpg](gm-20260420_g37.jpg)

**2025 Incentive Plan Outcomes**

Across our performance metrics, GM achieved above-target EBIT-adjusted and Adjusted Automotive Free Cash Flow

(AAFCF) results and below-target EV Variable Cost Percentage Improvement due to dampened EV demand, launched

software on-time and with quality, and successfully executed on our autonomous vehicle goals. Collectively, these results

led to achievement of 118% of target Company performance in our STIP. We also outperformed on our three-year relative

TSR goal, with mixed results on our three EV goals, leading to a payout of 162% of target for the 2023-2025 PSU portion of

our LTIP. We performed well against targets in the context of tariff and regulatory shifts and believe these outcomes

demonstrate that our incentive plans are operating effectively to appropriately reward both annual and long-term

performance. We are pleased to see that the strength of our execution and strong financial and operational performance is

translating into meaningful shareholder returns, even as we face headwinds related to our EV portfolio.

---

| | |
|:---|:---|
| **4** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

Board and Governance Matters

ITEM 1<br>

**Annual Election of Directors**

At the Annual Meeting, 11 directors will be nominated for election to GM's Board of Directors. The Governance and Corporate

Responsibility Committee (the "Governance Committee") evaluated the nominees in accordance with the Committee's

charter and our Corporate Governance Guidelines and submitted the nominees to the Board for approval.

The Board believes that the director nominees' diverse backgrounds, attributes, and experiences provide valuable insights

for the Board's oversight of the Company. All of the 11 director nominees were previously elected at the 2025 annual

meeting. Further information on the Board's composition, as well as each nominee's qualifications and relevant experience,

is provided on the following pages.

If elected, the director nominees will serve on the Board until the next annual meeting of shareholders, or until their earlier

resignation or removal. If any nominee becomes unable to serve, proxies will be voted for the election of such other person

as the Board may designate, unless the Board chooses to reduce the number of directors standing for election. Each of the

nominees has consented to being named in this Proxy Statement and serving on the Board, if elected.

---

| | |
|:---|:---|
| ![02_GM_Stylesheet_Checkmark.jpg](gm-20260420_g38.jpg)<br>| The Board recommends a vote **FOR** each of the nominees identified in this Proxy Statement. |

---

**2026 Proxy Statement**<sub>5</sub>

**ITEM 1 Annual Election of Directors**

**Board Membership Criteria, Refreshment, and** 

**Succession Planning**

The selection of qualified directors is fundamental to the Board's effective oversight of GM's strategy and enterprise risks.

The Board seeks directors who bring diverse perspectives and a broad range of skills and professional experiences, and who

represent the long-term interests of shareholders. Director recruitment priorities evolve based on the Company's strategic

needs, ensuring the Board remains a strategic asset capable of overseeing and supporting management as it addresses

emerging risks, trends, and opportunities. Recent additions have strengthened the skill set and dynamics of the Board.

Examples include adding marketing, brand, and customer experience expertise with Mark Tatum (2021); auto industry,

financial, marketing, brand, and technology expertise with Joanne Crevoiserat and Jonathan McNeill (2022); cybersecurity,

risk management, and technology expertise with Vice Admiral (Retired) Jan Tighe (2023); and financial, risk management,

and cybersecurity expertise with Alfred ("Al") F. Kelly, Jr. (2024).

**Corporate Governance Spotlight: Ongoing Succession Planning**<br>As part of its ongoing oversight of Board composition, the Governance Committee reviews director succession <br>planning at each of its meetings to support effective Board and committee leadership. In 2025, this process <br>informed committee leadership rotations, including the appointments of Jami Miscik as Chair of the Risk and <br>Cybersecurity Committee, Wes Bush as Chair of the Audit Committee, and Devin Wenig as Chair of the Executive <br>Compensation Committee.<br>

In evaluating potential director candidates, the Governance Committee considers, among other factors, the criteria included

on the skills matrix on page [7](#if0557772c2144c7faf30f8e88484bf09_19609), the skills and experience of our current directors, and certain additional characteristics that it

believes one or more directors should possess based on an assessment of the needs of the Board at that time. In every case,

director candidates must be able to contribute significantly to the Board's discussion and decision-making on the broad

array of complex issues facing GM. The Governance Committee also engages a reputable, qualified search firm to help

identify and evaluate potential candidates.

As part of the annual governance review, the Committee recommended and the Board approved updates to the Corporate

Governance Guidelines in December to reflect the evolving needs of the Board and to remain aligned with prevailing

governance best practices. These updates included the rule that non-employee directors will not stand for election after

reaching age 75 and the adoption of a 20-year term limit for director service. Any exceptions to these rules require approval

by the Board. At this time, the Board has not approved any exceptions to its retirement age and term-limit.

---

| | |
|:---|:---|
| **6** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 1 Annual Election of Directors**

**2026 Board Nominee Skills and Statistics**

General Motors is committed to ensuring its Board remains a strategic asset to the Company. We have also thoughtfully

managed director succession planning to leverage the combined benefits of deep institutional knowledge and new

perspectives through Board refreshment. The Company's Corporate Governance Guidelines identify the Board's

commitment to seeking highly qualified candidates that reflect the backgrounds of GM's global workforce and customer

base. Our Board recognizes the value of inclusivity and considers members' and candidates' opinions, perspectives,

individual skills, expertise and experience that complement or expand that of the current directors and enhance the

diversity (geographic, gender, age, and ethnicity) and effectiveness of the Board as a whole. We believe the judgment and

perspectives offered by an inclusive Board improves the quality of decision-making, enhances the Company's business

performance, and can help the Board respond more effectively to the needs of customers, shareholders, employees,

suppliers, and other stakeholders.

---

| | |
|:---|:---|
| **7**<br>Years <br>Average Tenure<br>| **64**<br>Years <br>Average Age<br>|

---

**Nominee Skills**

---

| | | |
|:---|:---|:---|
| ![02_GM_Skills Spotlight_Cyber.jpg](gm-20260420_g39.jpg)<br>Cyber<br>**4 of 11**<br>| ![02_GM_Skills Spotlight_finance.jpg](gm-20260420_g40.jpg)<br>Finance<br>**9 of 11**<br>| ![02 439032-1_global.jpg](gm-20260420_g41.jpg)<br>Global<br>**11 of 11**<br>|
| ![02_GM_Skills Spotlight_industry.jpg](gm-20260420_g42.jpg)<br>Industry <br>**2 of 11**<br>| ![02_GM_Skills Spotlight_manufacturing.jpg](gm-20260420_g43.jpg)<br>Manufacturing<br>**6 of 11**<br>| ![02_GM_Skills Spotlight_Marketing.jpg](gm-20260420_g44.jpg)<br>Marketing<br>**7 of 11**<br>|
| ![02 439032-3_icon_public-company-withbg.jpg](gm-20260420_g45.jpg)<br>Public Company CEO<br>**7 of 11**<br>| ![02_GM_Skills Spotlight_Risk_Management.jpg](gm-20260420_g46.jpg)<br>Risk Management<br>**11 of 11**<br>| ![02 439032-3_icon_tech-withbg.jpg](gm-20260420_g47.jpg)<br>Technology<br>**8 of 11**<br>|

---

**2026 Proxy Statement**<sub>7</sub>

**ITEM 1 Annual Election of Directors**

**Board Experience and Expertise**

The skills matrix below summarizes certain skills (and qualifications) used by the Governance Committee in their evaluation

of director nominees. To supplement this analysis, the Board undertakes an annual self-evaluation to ensure that the Board

possesses the requisite skills and expertise to oversee the Company's opportunities, priorities, and risks. The Governance

Committee leads this effort by asking directors to consider their expertise across key subject matter areas identified in the

skills key on page [8](#if0557772c2144c7faf30f8e88484bf09_19616). Upon the conclusion of the annual evaluation, the Board determined that it continues to maintain strong

expertise and possesses a broad range of skills, qualifications, and attributes that will support the Company's strategy.

Results of the Board's self-evaluation are represented on the skills matrix below.

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | ![04-439032-3_gfx_verticalnames-Barra.jpg](gm-20260420_g48.jpg)<br>| ![04-439032-3_gfx_verticalnames-Bush.jpg](gm-20260420_g49.jpg)<br>| ![04-439032-3_gfx_verticalnames-Crevoiserat.jpg](gm-20260420_g50.jpg) | ![04 439032-3_gfx_Jimenez_black02.jpg](gm-20260420_g51.jpg)<br>| ![02_439032-1_Kelly-A.jpg](gm-20260420_g52.jpg)<br>| ![04-439032-3_gfx_verticalnames-McNeill.jpg](gm-20260420_g53.jpg) | ![04-439032-3_gfx_verticalnames-Miscik.jpg](gm-20260420_g54.jpg)<br>| ![04-439032-3_gfx_verticalnames-Russo.jpg](gm-20260420_g55.jpg)<br>| ![04-439032-3_gfx_verticalnames-Tatum.jpg](gm-20260420_g56.jpg)<br>| ![04-439032-3_gfx_verticalnames-Tighe.jpg](gm-20260420_g57.jpg) | ![04-439032-3_gfx_verticalnames-Wenig.jpg](gm-20260420_g58.jpg)<br>|
| ![02-439032-3_icon_cyber.jpg](gm-20260420_g59.jpg) | **Cyber** |  | ⬛ |  |  | ⬛ | ⬛ |  |  |  | ⬛ |  |
| ![02-439032-3_icon_environment.jpg](gm-20260420_g60.jpg)<br>| **Environmental** |  | ⬛ | ⬛ | ⬛ |  | ⬛ |  |  |  |  |  |
| ![02-439032-3_icon_finance.jpg](gm-20260420_g61.jpg)<br>| **Finance** | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ |  |  | ⬛ |
| ![02-439032-1_global.jpg](gm-20260420_g62.jpg)<br>| **Global** | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ |
| ![02-439032-3_icon_governance.jpg](gm-20260420_g63.jpg)<br>| **Governance** | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ |
| ![02-439032-3_icon_industry.jpg](gm-20260420_g64.jpg)<br>| **Industry** | ⬛ |  |  |  |  | ⬛ |  |  |  |  |  |
| ![02-439032-3_icon_manufacturing.jpg](gm-20260420_g65.jpg)<br>| **Manufacturing** | ⬛ | ⬛ | ⬛ | ⬛ |  | ⬛ |  | ⬛ |  |  |  |
| ![02-439032-3_icon_marketing.jpg](gm-20260420_g66.jpg)<br>| **Marketing** |  |  | ⬛ | ⬛ | ⬛ | ⬛ |  | ⬛ | ⬛ |  | ⬛ |
| ![02-439032-3_icon_public-company.jpg](gm-20260420_g67.jpg)<br>| **Public Company CEO** | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ |  |  | ⬛ |  |  | ⬛ |
| ![02-439032-3_icon_risk.jpg](gm-20260420_g68.jpg)<br>| **Risk Management** | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ |
| ![02-439032-3_icon_social.jpg](gm-20260420_g69.jpg)<br>| **Social** | ⬛ | ⬛ | ⬛ |  | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ | ⬛ |
| ![02-439032-3_icon_tech-withbg.jpg](gm-20260420_g70.jpg)<br>| **Technology** | ⬛ | ⬛ |  |  | ⬛ | ⬛ | ⬛ | ⬛ |  | ⬛ | ⬛ |

---

---

| | |
|:---|:---|
| **8** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 1 Annual Election of Directors**

**Skills Key**

---

| | |
|:---|:---|
| **Cyber** | Experience managing cybersecurity security risks or understanding the cybersecurity <br>threat landscape<br>|
| **Environmental** | Expertise with environmental matters, including greenhouse gas ("GHG") emissions, raw <br>material sources, waste and hazardous materials management, product design and lifecycle <br>management, water and wastewater management, and/or energy efficiency management<br>|
| **Finance** | Expertise in complex financial and/or accounting matters to evaluate financial statements, <br>capital structure and allocation, and business plans<br>|
| **Global** | Relevant experience with business and cultural perspectives |
| **Governance** | Experience with public company board governance, legal and regulatory matters, executive <br>compensation, compliance and business ethics, anti-competitive practices, risk management, <br>and/or reporting principles and frameworks<br>|
| **Industry** | Expertise in key businesses and proven knowledge of key customers and risks associated with <br>the automotive industry<br>|
| **Manufacturing** | Experience in, or experience in a senior management position responsible for, significant <br>manufacturing operations<br>|
| **Marketing** | Expertise regarding brand maintenance and expansion, product awareness, customer <br>engagement, digital marketing, and/or social media experience<br>|
| **Public Company CEO** | Experience over an extended period, especially as CEO, extraordinary leadership qualities, and <br>the ability to identify and develop those qualities in others<br>|
| **Risk Management** | Relevant experience in risk management and oversight |
| **Social** | Expertise with data privacy, human rights, community relations, workplace health and safety, <br>supply chain management, human capital management, consumer privacy, product quality and <br>safety, and/or labor practices<br>|
| **Technology** | Expertise in, or understanding of, technology and innovation gained either through academia or <br>industry experience<br>|

---

**2026 Proxy Statement**<sub>9</sub>

**ITEM 1 Annual Election of Directors**

## Director Nominee Biographies

---

| | | |
|:---|:---|:---|
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Mary T. Barra \| 64**<br>**Chair and CEO, General Motors Company**<br>| |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) |  |  |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) |  |  |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **In 2025, how was the** <br>**Company able to achieve its** <br>**highest full-year market** <br>**share in a decade?** |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **In 2025, how was the** <br>**Company able to achieve its** <br>**highest full-year market** <br>**share in a decade?** |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **In 2025, how was the** <br>**Company able to achieve its** <br>**highest full-year market** <br>**share in a decade?** |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **In 2025, how was the** <br>**Company able to achieve its** <br>**highest full-year market** <br>**share in a decade?** |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | It starts with having great <br>products that customers love <br>— and I believe our current <br>vehicle portfolio is the best <br>that it's ever been. The <br>management team has also <br>been laser focused on <br>keeping inventory and <br>incentives low, which, when <br>combined with strong pricing <br>and demand, has driven <br>strong profitability in our <br>core business. With our <br>compelling vehicles, <br>technology-driven services, <br>and operating discipline, <br>2026 should be an even <br>better year for GM. |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None<br> **A** | It starts with having great <br>products that customers love <br>— and I believe our current <br>vehicle portfolio is the best <br>that it's ever been. The <br>management team has also <br>been laser focused on <br>keeping inventory and <br>incentives low, which, when <br>combined with strong pricing <br>and demand, has driven <br>strong profitability in our <br>core business. With our <br>compelling vehicles, <br>technology-driven services, <br>and operating discipline, <br>2026 should be an even <br>better year for GM. |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>**Director since:** 2014<br>**Committees:** <br>Executive (Chair) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | It starts with having great <br>products that customers love <br>— and I believe our current <br>vehicle portfolio is the best <br>that it's ever been. The <br>management team has also <br>been laser focused on <br>keeping inventory and <br>incentives low, which, when <br>combined with strong pricing <br>and demand, has driven <br>strong profitability in our <br>core business. With our <br>compelling vehicles, <br>technology-driven services, <br>and operating discipline, <br>2026 should be an even <br>better year for GM. |
| ![05_PXY_2026_GM_Car_BarraM-02-01.jpg](gm-20260420_g71.jpg) | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | It starts with having great <br>products that customers love <br>— and I believe our current <br>vehicle portfolio is the best <br>that it's ever been. The <br>management team has also <br>been laser focused on <br>keeping inventory and <br>incentives low, which, when <br>combined with strong pricing <br>and demand, has driven <br>strong profitability in our <br>core business. With our <br>compelling vehicles, <br>technology-driven services, <br>and operating discipline, <br>2026 should be an even <br>better year for GM. |
| **Favorite GM Vehicle**<br>GMC Sierra LD<br>*Coming Soon* <br>| **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | It starts with having great <br>products that customers love <br>— and I believe our current <br>vehicle portfolio is the best <br>that it's ever been. The <br>management team has also <br>been laser focused on <br>keeping inventory and <br>incentives low, which, when <br>combined with strong pricing <br>and demand, has driven <br>strong profitability in our <br>core business. With our <br>compelling vehicles, <br>technology-driven services, <br>and operating discipline, <br>2026 should be an even <br>better year for GM. |
|  | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | It starts with having great <br>products that customers love <br>— and I believe our current <br>vehicle portfolio is the best <br>that it's ever been. The <br>management team has also <br>been laser focused on <br>keeping inventory and <br>incentives low, which, when <br>combined with strong pricing <br>and demand, has driven <br>strong profitability in our <br>core business. With our <br>compelling vehicles, <br>technology-driven services, <br>and operating discipline, <br>2026 should be an even <br>better year for GM. |
|  | **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | It starts with having great <br>products that customers love <br>— and I believe our current <br>vehicle portfolio is the best <br>that it's ever been. The <br>management team has also <br>been laser focused on <br>keeping inventory and <br>incentives low, which, when <br>combined with strong pricing <br>and demand, has driven <br>strong profitability in our <br>core business. With our <br>compelling vehicles, <br>technology-driven services, <br>and operating discipline, <br>2026 should be an even <br>better year for GM. |
| **Skillset:**<br>Finance<br>Global<br>Governance<br>Industry<br>Manufacturing<br>Public Company CEO<br>Risk Management<br>Social<br>Technology<br>| **Experience:** Ms. Barra is Chair and CEO of General <br>Motors. She has served as Chair of the Board since <br>January 2016 and has served as CEO since January <br>2014. Prior to becoming CEO, Ms. Barra served as GM's <br>Executive Vice President, Global Product Development, <br>Purchasing and Supply Chain from 2013 to 2014; <br>Senior Vice President, Global Product Development <br>from 2011 to 2013; Vice President, Global Human <br>Resources from 2009 to 2011; and Vice President, <br>Global Manufacturing Engineering from 2008 to 2009.<br>**Reasons for Nomination:** Ms. Barra has in-depth <br>knowledge of the Company and the global automotive <br>industry; extensive senior leadership, strategic <br>planning, operational, and business experience; and a <br>strong engineering background with experience in <br>global product development. She has spearheaded <br>many initiatives to align the Company's culture with its <br>transformation efforts and holds herself and the <br>leadership team accountable for driving a culture of <br>safety for customers, employees, and communities.<br>**Other Public Company Directorships:** The Walt Disney <br>Company<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | It starts with having great <br>products that customers love <br>— and I believe our current <br>vehicle portfolio is the best <br>that it's ever been. The <br>management team has also <br>been laser focused on <br>keeping inventory and <br>incentives low, which, when <br>combined with strong pricing <br>and demand, has driven <br>strong profitability in our <br>core business. With our <br>compelling vehicles, <br>technology-driven services, <br>and operating discipline, <br>2026 should be an even <br>better year for GM. |

---

---

| | | |
|:---|:---|:---|
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Patricia F. Russo \| 73** ![04_GM_Lead.jpg](gm-20260420_g73.jpg)<br>**Chair, Hewlett Packard Enterprise Company** |  |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) |  |  |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) |  |  |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **As Independent Lead** <br>**Director, how do you help** <br>**channel effective lines of** <br>**communication between** <br>**management and the Board?** |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **As Independent Lead** <br>**Director, how do you help** <br>**channel effective lines of** <br>**communication between** <br>**management and the Board?** |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **As Independent Lead** <br>**Director, how do you help** <br>**channel effective lines of** <br>**communication between** <br>**management and the Board?** |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **As Independent Lead** <br>**Director, how do you help** <br>**channel effective lines of** <br>**communication between** <br>**management and the Board?** |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | One example of how I foster <br>collaborative but direct <br>communication is by leading <br>executive sessions at each <br>Board meeting, where I <br>gather feedback from my <br>colleagues and then take that <br>collective feedback and <br>ensure alignment with <br>management by meeting 1:1 <br>with Mary, our Chair and CEO. <br>These exchanges help shape <br>our meeting agendas and the <br>Company's strategic <br>priorities.  |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None<br> **A** | One example of how I foster <br>collaborative but direct <br>communication is by leading <br>executive sessions at each <br>Board meeting, where I <br>gather feedback from my <br>colleagues and then take that <br>collective feedback and <br>ensure alignment with <br>management by meeting 1:1 <br>with Mary, our Chair and CEO. <br>These exchanges help shape <br>our meeting agendas and the <br>Company's strategic <br>priorities.  |
| ![05_GM_RussoP.jpg](gm-20260420_g72.jpg)<br>**Director since:** 2009<br>**Committees:** <br>Compensation <br>Executive <br>Finance <br>Governance (Chair) | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | One example of how I foster <br>collaborative but direct <br>communication is by leading <br>executive sessions at each <br>Board meeting, where I <br>gather feedback from my <br>colleagues and then take that <br>collective feedback and <br>ensure alignment with <br>management by meeting 1:1 <br>with Mary, our Chair and CEO. <br>These exchanges help shape <br>our meeting agendas and the <br>Company's strategic <br>priorities.  |
| ![04_GM_Car_2.jpg](gm-20260420_g74.jpg)<br>| **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | One example of how I foster <br>collaborative but direct <br>communication is by leading <br>executive sessions at each <br>Board meeting, where I <br>gather feedback from my <br>colleagues and then take that <br>collective feedback and <br>ensure alignment with <br>management by meeting 1:1 <br>with Mary, our Chair and CEO. <br>These exchanges help shape <br>our meeting agendas and the <br>Company's strategic <br>priorities.  |
| **Favorite Current GM Vehicle**<br>Cadillac Vistiq<br>| **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | One example of how I foster <br>collaborative but direct <br>communication is by leading <br>executive sessions at each <br>Board meeting, where I <br>gather feedback from my <br>colleagues and then take that <br>collective feedback and <br>ensure alignment with <br>management by meeting 1:1 <br>with Mary, our Chair and CEO. <br>These exchanges help shape <br>our meeting agendas and the <br>Company's strategic <br>priorities.  |
|  | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | One example of how I foster <br>collaborative but direct <br>communication is by leading <br>executive sessions at each <br>Board meeting, where I <br>gather feedback from my <br>colleagues and then take that <br>collective feedback and <br>ensure alignment with <br>management by meeting 1:1 <br>with Mary, our Chair and CEO. <br>These exchanges help shape <br>our meeting agendas and the <br>Company's strategic <br>priorities.  |
|  | **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | One example of how I foster <br>collaborative but direct <br>communication is by leading <br>executive sessions at each <br>Board meeting, where I <br>gather feedback from my <br>colleagues and then take that <br>collective feedback and <br>ensure alignment with <br>management by meeting 1:1 <br>with Mary, our Chair and CEO. <br>These exchanges help shape <br>our meeting agendas and the <br>Company's strategic <br>priorities.  |
| **Skillset:**<br>Finance<br>Global<br>Governance<br>Manufacturing<br>Marketing<br>Public Company CEO<br>Risk Management<br>Social<br>Technology<br>| **Experience:** Ms. Russo has served as the Chair of the <br>Hewlett Packard Enterprise Company's ("HPE") board <br>of directors since 2015. She also served as Lead <br>Director of HPE from 2014 to 2015. Ms. Russo was <br>GM's Independent Lead Director from March 2010 to <br>January 2014, and in 2021 she was re-appointed to <br>that role. She served as CEO of Alcatel-Lucent S.A. <br>from 2006 to 2008; Chairman and CEO of Lucent <br>Technologies, Inc. from 2003 to 2006; and President <br>and CEO of Lucent Technologies from 2002 to 2006.<br>**Reasons for Nomination:** Ms. Russo has extensive <br>senior leadership experience in corporate strategy, <br>finance, sales and marketing, technology, and <br>leadership development, as well as experience <br>managing business-critical technology disruptions. <br>Through her deep governance expertise — in particular, <br>board governance — she works with management to <br>develop enhanced disclosures and be responsive to <br>shareholder feedback.<br>**Other Public Company Directorships:** Hewlett <br>Packard Enterprise Company (Chair), KKR & Co. Inc., <br>and Merck & Co., Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | One example of how I foster <br>collaborative but direct <br>communication is by leading <br>executive sessions at each <br>Board meeting, where I <br>gather feedback from my <br>colleagues and then take that <br>collective feedback and <br>ensure alignment with <br>management by meeting 1:1 <br>with Mary, our Chair and CEO. <br>These exchanges help shape <br>our meeting agendas and the <br>Company's strategic <br>priorities.  |

---

---

| | |
|:---|:---|
| **10** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 1 Annual Election of Directors**

---

| | | |
|:---|:---|:---|
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Wesley G. Bush \| 65** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Retired Chairman and CEO, Northrop Grumman Corporation** |  |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance |  |  |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance |  |  |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | **What are examples of** <br>**actions the Audit Committee** <br>**takes to ensure robust** <br>**oversight for shareholders?** |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | **What are examples of** <br>**actions the Audit Committee** <br>**takes to ensure robust** <br>**oversight for shareholders?** |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | **What are examples of** <br>**actions the Audit Committee** <br>**takes to ensure robust** <br>**oversight for shareholders?** |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. |  |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. |  |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | As a Committee, we regularly <br>provide our feedback on <br>financial disclosures with the <br>expectation that the <br>Company will be clear and <br>transparent in providing <br>important information to our <br>shareholders. We also meet in <br>private sessions with our <br>external auditor, and <br>management, including <br>leaders from Controllership, <br>Audit Services, and <br>Compliance, to ensure we <br>stay closely informed on <br>internal controls and key <br>functional areas. |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc.<br> **A** | As a Committee, we regularly <br>provide our feedback on <br>financial disclosures with the <br>expectation that the <br>Company will be clear and <br>transparent in providing <br>important information to our <br>shareholders. We also meet in <br>private sessions with our <br>external auditor, and <br>management, including <br>leaders from Controllership, <br>Audit Services, and <br>Compliance, to ensure we <br>stay closely informed on <br>internal controls and key <br>functional areas. |
| ![05_GM_Wesley.jpg](gm-20260420_g75.jpg)<br>**Director since:** 2019<br>**Committees:** <br>Audit (Chair)<br>Compensation <br>Executive<br>Finance | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | As a Committee, we regularly <br>provide our feedback on <br>financial disclosures with the <br>expectation that the <br>Company will be clear and <br>transparent in providing <br>important information to our <br>shareholders. We also meet in <br>private sessions with our <br>external auditor, and <br>management, including <br>leaders from Controllership, <br>Audit Services, and <br>Compliance, to ensure we <br>stay closely informed on <br>internal controls and key <br>functional areas. |
| ![04_GM_Car_3.jpg](gm-20260420_g77.jpg)<br>| **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | As a Committee, we regularly <br>provide our feedback on <br>financial disclosures with the <br>expectation that the <br>Company will be clear and <br>transparent in providing <br>important information to our <br>shareholders. We also meet in <br>private sessions with our <br>external auditor, and <br>management, including <br>leaders from Controllership, <br>Audit Services, and <br>Compliance, to ensure we <br>stay closely informed on <br>internal controls and key <br>functional areas. |
| **Favorite Current GM Vehicle**<br>Chevrolet Suburban<br>| **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | As a Committee, we regularly <br>provide our feedback on <br>financial disclosures with the <br>expectation that the <br>Company will be clear and <br>transparent in providing <br>important information to our <br>shareholders. We also meet in <br>private sessions with our <br>external auditor, and <br>management, including <br>leaders from Controllership, <br>Audit Services, and <br>Compliance, to ensure we <br>stay closely informed on <br>internal controls and key <br>functional areas. |
|  | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | As a Committee, we regularly <br>provide our feedback on <br>financial disclosures with the <br>expectation that the <br>Company will be clear and <br>transparent in providing <br>important information to our <br>shareholders. We also meet in <br>private sessions with our <br>external auditor, and <br>management, including <br>leaders from Controllership, <br>Audit Services, and <br>Compliance, to ensure we <br>stay closely informed on <br>internal controls and key <br>functional areas. |
|  | **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | As a Committee, we regularly <br>provide our feedback on <br>financial disclosures with the <br>expectation that the <br>Company will be clear and <br>transparent in providing <br>important information to our <br>shareholders. We also meet in <br>private sessions with our <br>external auditor, and <br>management, including <br>leaders from Controllership, <br>Audit Services, and <br>Compliance, to ensure we <br>stay closely informed on <br>internal controls and key <br>functional areas. |
| **Skillset:**<br>Cyber<br>Environmental<br>Finance<br>Global<br>Governance<br>Manufacturing<br>Public Company CEO<br>Risk Management<br>Social<br>Technology<br>| **Experience:** Mr. Bush served as Chairman of Northrop <br>Grumman's board of directors from 2011 to 2019 and as <br>the CEO from 2010 to 2018. Prior to that, Mr. Bush <br>served in numerous leadership roles at Northrop <br>Grumman, including President and Chief Operating <br>Officer, CFO, and President of the Space Technology <br>sector. He also served in a variety of leadership <br>positions at TRW, Inc. before it was acquired by <br>Northrop Grumman in 2002.<br>**Reasons for Nomination:** Mr. Bush has valuable <br>experience in leading a manufacturing enterprise <br>known for its advanced engineering and technology. He <br>also has strong financial acumen gained through his <br>finance leadership roles and has experience managing <br>key governance issues, including risk management and <br>executive compensation plan design. Mr. Bush <br>maintains his science and technology expertise, which <br>benefits the Company, as a member of the National <br>Academy of Engineering.<br>**Other Public Company Directorships:** Dow Inc. and GE <br>Aerospace<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Cisco Systems, Inc. | As a Committee, we regularly <br>provide our feedback on <br>financial disclosures with the <br>expectation that the <br>Company will be clear and <br>transparent in providing <br>important information to our <br>shareholders. We also meet in <br>private sessions with our <br>external auditor, and <br>management, including <br>leaders from Controllership, <br>Audit Services, and <br>Compliance, to ensure we <br>stay closely informed on <br>internal controls and key <br>functional areas. |

---

---

| | | |
|:---|:---|:---|
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Joanne C. Crevoiserat \| 62** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**CEO, Tapestry, Inc.** |  |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance |  |  |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance |  |  |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **How does the Board help** <br>**shape the Company's supply** <br>**chain initiatives?** |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **How does the Board help** <br>**shape the Company's supply** <br>**chain initiatives?** |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **How does the Board help** <br>**shape the Company's supply** <br>**chain initiatives?** |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The Board frequently <br>discusses aspects related to <br>the Company's supply chain, <br>including material costs, <br>logistics, and resiliency. As <br>part of the Governance <br>Committee's oversight, the <br>Committee regularly <br>discusses sustainability <br>strategy focused on how it <br>can improve business <br>performance across GM's <br>footprint — even down to <br>considerations around <br>sourcing alternative <br>materials. |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None<br> **A** | The Board frequently <br>discusses aspects related to <br>the Company's supply chain, <br>including material costs, <br>logistics, and resiliency. As <br>part of the Governance <br>Committee's oversight, the <br>Committee regularly <br>discusses sustainability <br>strategy focused on how it <br>can improve business <br>performance across GM's <br>footprint — even down to <br>considerations around <br>sourcing alternative <br>materials. |
| ![05_GM_Joanne.jpg](gm-20260420_g78.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Audit<br>Finance <br>Governance | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The Board frequently <br>discusses aspects related to <br>the Company's supply chain, <br>including material costs, <br>logistics, and resiliency. As <br>part of the Governance <br>Committee's oversight, the <br>Committee regularly <br>discusses sustainability <br>strategy focused on how it <br>can improve business <br>performance across GM's <br>footprint — even down to <br>considerations around <br>sourcing alternative <br>materials. |
| ![04_GM_Car_4.jpg](gm-20260420_g79.jpg)<br>| **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The Board frequently <br>discusses aspects related to <br>the Company's supply chain, <br>including material costs, <br>logistics, and resiliency. As <br>part of the Governance <br>Committee's oversight, the <br>Committee regularly <br>discusses sustainability <br>strategy focused on how it <br>can improve business <br>performance across GM's <br>footprint — even down to <br>considerations around <br>sourcing alternative <br>materials. |
| **Favorite Current GM Vehicle**<br>Cadillac Lyriq V<br>| **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The Board frequently <br>discusses aspects related to <br>the Company's supply chain, <br>including material costs, <br>logistics, and resiliency. As <br>part of the Governance <br>Committee's oversight, the <br>Committee regularly <br>discusses sustainability <br>strategy focused on how it <br>can improve business <br>performance across GM's <br>footprint — even down to <br>considerations around <br>sourcing alternative <br>materials. |
|  | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The Board frequently <br>discusses aspects related to <br>the Company's supply chain, <br>including material costs, <br>logistics, and resiliency. As <br>part of the Governance <br>Committee's oversight, the <br>Committee regularly <br>discusses sustainability <br>strategy focused on how it <br>can improve business <br>performance across GM's <br>footprint — even down to <br>considerations around <br>sourcing alternative <br>materials. |
|  | **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The Board frequently <br>discusses aspects related to <br>the Company's supply chain, <br>including material costs, <br>logistics, and resiliency. As <br>part of the Governance <br>Committee's oversight, the <br>Committee regularly <br>discusses sustainability <br>strategy focused on how it <br>can improve business <br>performance across GM's <br>footprint — even down to <br>considerations around <br>sourcing alternative <br>materials. |
| **Skillset:**<br>Environmental<br>Finance<br>Global<br>Governance<br>Manufacturing<br>Marketing<br>Public Company CEO<br>Risk Management<br>Social<br>| **Experience:** Since October 2020, Ms. Crevoiserat has <br>been CEO and a member of the board of Tapestry, Inc. <br>Prior to her appointment as interim CEO in July 2020, <br>she served as the CFO. She also previously served in <br>senior roles at Abercrombie & Fitch Co., Kohl's Inc., <br>Wal-Mart Stores, Inc., and May Department Stores.<br>**Reasons for Nomination:** Ms. Crevoiserat has <br>cultivated an extensive background in financial <br>expertise and brand development. Her leadership <br>capabilities, demonstrated through her various senior <br>leadership retail positions, help the Company as it <br>grows its global consumer brands through consumer-<br>centric, digital, and data-driven initiatives. Ms. <br>Crevoiserat also has expertise in overseeing complex <br>global supply chains and navigating geopolitical, trade, <br>and environmental risks, which she has gained through <br>her experience in the retail industry and which allows <br>her to provide unique oversight of supply chain <br>governance and sustainable material sourcing.<br>**Other Public Company Directorships:** Tapestry, Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The Board frequently <br>discusses aspects related to <br>the Company's supply chain, <br>including material costs, <br>logistics, and resiliency. As <br>part of the Governance <br>Committee's oversight, the <br>Committee regularly <br>discusses sustainability <br>strategy focused on how it <br>can improve business <br>performance across GM's <br>footprint — even down to <br>considerations around <br>sourcing alternative <br>materials. |

---

**2026 Proxy Statement**<sub>11</sub>

**ITEM 1 Annual Election of Directors**

---

| | | |
|:---|:---|:---|
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Joseph Jimenez \| 66** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Co-Founder and Managing Director, Aditum Bio**<br>| |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity |  |  |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity |  |  |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | **How does the Finance** <br>**Committee help oversee the** <br>**Company's capital allocation** <br>**strategy?** |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | **How does the Finance** <br>**Committee help oversee the** <br>**Company's capital allocation** <br>**strategy?** |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | **How does the Finance** <br>**Committee help oversee the** <br>**Company's capital allocation** <br>**strategy?** |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | **How does the Finance** <br>**Committee help oversee the** <br>**Company's capital allocation** <br>**strategy?** |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  |  |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  |  |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | The Finance Committee <br>evaluates capital <br>expenditures that require <br>Board approval, including <br>vehicle programs, to ensure <br>they continue to yield strong <br>financial returns. Our <br>oversight has helped the <br>Company develop a capital <br>allocation framework with a <br>commitment to return excess <br>cash to shareholders — and <br>under that framework we <br>have returned over <br>$26 billion, through share <br>repurchases and dividends, <br>since 2023. |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio <br> **A** | The Finance Committee <br>evaluates capital <br>expenditures that require <br>Board approval, including <br>vehicle programs, to ensure <br>they continue to yield strong <br>financial returns. Our <br>oversight has helped the <br>Company develop a capital <br>allocation framework with a <br>commitment to return excess <br>cash to shareholders — and <br>under that framework we <br>have returned over <br>$26 billion, through share <br>repurchases and dividends, <br>since 2023. |
| ![05_GM_Joseph.jpg](gm-20260420_g80.jpg)<br>**Director since:** 2015<br>**Committees:** <br>Compensation<br>Executive<br>Finance (Chair)<br>Risk and Cybersecurity | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | The Finance Committee <br>evaluates capital <br>expenditures that require <br>Board approval, including <br>vehicle programs, to ensure <br>they continue to yield strong <br>financial returns. Our <br>oversight has helped the <br>Company develop a capital <br>allocation framework with a <br>commitment to return excess <br>cash to shareholders — and <br>under that framework we <br>have returned over <br>$26 billion, through share <br>repurchases and dividends, <br>since 2023. |
| ![04_GM_Car_5.jpg](gm-20260420_g81.jpg)<br>| **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | The Finance Committee <br>evaluates capital <br>expenditures that require <br>Board approval, including <br>vehicle programs, to ensure <br>they continue to yield strong <br>financial returns. Our <br>oversight has helped the <br>Company develop a capital <br>allocation framework with a <br>commitment to return excess <br>cash to shareholders — and <br>under that framework we <br>have returned over <br>$26 billion, through share <br>repurchases and dividends, <br>since 2023. |
| **Favorite Current GM Vehicle**<br>Cadillac Escalade IQ<br>| **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | The Finance Committee <br>evaluates capital <br>expenditures that require <br>Board approval, including <br>vehicle programs, to ensure <br>they continue to yield strong <br>financial returns. Our <br>oversight has helped the <br>Company develop a capital <br>allocation framework with a <br>commitment to return excess <br>cash to shareholders — and <br>under that framework we <br>have returned over <br>$26 billion, through share <br>repurchases and dividends, <br>since 2023. |
|  | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | The Finance Committee <br>evaluates capital <br>expenditures that require <br>Board approval, including <br>vehicle programs, to ensure <br>they continue to yield strong <br>financial returns. Our <br>oversight has helped the <br>Company develop a capital <br>allocation framework with a <br>commitment to return excess <br>cash to shareholders — and <br>under that framework we <br>have returned over <br>$26 billion, through share <br>repurchases and dividends, <br>since 2023. |
|  | **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | The Finance Committee <br>evaluates capital <br>expenditures that require <br>Board approval, including <br>vehicle programs, to ensure <br>they continue to yield strong <br>financial returns. Our <br>oversight has helped the <br>Company develop a capital <br>allocation framework with a <br>commitment to return excess <br>cash to shareholders — and <br>under that framework we <br>have returned over <br>$26 billion, through share <br>repurchases and dividends, <br>since 2023. |
| **Skillset:**<br>Environmental<br>Finance<br>Global<br>Governance<br>Manufacturing<br>Marketing<br>Public Company CEO<br>Risk Management<br>| **Experience:** Since 2019, Mr. Jimenez has served as <br>Co-Founder and Managing Director of Aditum Bio, a <br>biotechnology-focused venture capital firm. Prior to <br>that, he served as CEO of Novartis AG from 2010 until <br>his retirement in 2018. Mr. Jimenez led Novartis' <br>Pharmaceuticals Division from October 2007 to 2010 <br>and its Consumer Health Division in 2007. From 2006 <br>to 2007, he served as Advisor to the Blackstone Group <br>L.P. Mr. Jimenez was also Executive Vice President, <br>President, and CEO of Heinz Europe from 2002 to <br>2006; and President and CEO of H.J. Heinz Company <br>North America from 1999 to 2002.<br>**Reasons for Nomination:** Mr. Jimenez has served as <br>the CEO of a global company with significant research <br>and development and capital spending in a highly <br>regulated environment. He also has significant <br>experience in finance, strategic planning, and <br>consumer branding and marketing, which he utilizes to <br>lead oversight of capital allocation decisions, helping to <br>ensure disciplined investment and long-term value <br>creation.<br>**Other Public Company Directorships:** The Procter & <br>Gamble Company <br>**Prior Public Company Directorships** <br>**(Past Five Years):** Century Therapeutics, Inc. and <br>Graphite Bio  | The Finance Committee <br>evaluates capital <br>expenditures that require <br>Board approval, including <br>vehicle programs, to ensure <br>they continue to yield strong <br>financial returns. Our <br>oversight has helped the <br>Company develop a capital <br>allocation framework with a <br>commitment to return excess <br>cash to shareholders — and <br>under that framework we <br>have returned over <br>$26 billion, through share <br>repurchases and dividends, <br>since 2023. |

---

---

| | | |
|:---|:---|:---|
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Alfred F. Kelly, Jr. \| 67** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Advisory Director, Berkshire Partners**<br>**Retired CEO and Chairman, Visa Inc.**<br>| |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity |  |  |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity |  |  |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | **How does the Audit** <br>**Committee oversee the** <br>**Company's compliance** <br>**culture?** |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | **How does the Audit** <br>**Committee oversee the** <br>**Company's compliance** <br>**culture?** |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | **How does the Audit** <br>**Committee oversee the** <br>**Company's compliance** <br>**culture?** |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. |  |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. |  |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | The Committee regularly <br>reviews the Company's <br>compliance program and <br>ethical culture. We engage <br>with management on key <br>compliance matters and the <br>effectiveness of the <br>Company's approach to <br>ethics and integrity across <br>the organization. This is <br>evident through Ethisphere <br>recognizing GM for the <br>seventh consecutive year as <br>one of the World's Most <br>Ethical Companies, and our <br>recent modernization and <br>comprehensive refresh to the <br>Company's Code of Conduct.  |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc.<br> **A** | The Committee regularly <br>reviews the Company's <br>compliance program and <br>ethical culture. We engage <br>with management on key <br>compliance matters and the <br>effectiveness of the <br>Company's approach to <br>ethics and integrity across <br>the organization. This is <br>evident through Ethisphere <br>recognizing GM for the <br>seventh consecutive year as <br>one of the World's Most <br>Ethical Companies, and our <br>recent modernization and <br>comprehensive refresh to the <br>Company's Code of Conduct.  |
| ![05_GM_Alfred.jpg](gm-20260420_g82.jpg)<br>**Director since:** 2024<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | The Committee regularly <br>reviews the Company's <br>compliance program and <br>ethical culture. We engage <br>with management on key <br>compliance matters and the <br>effectiveness of the <br>Company's approach to <br>ethics and integrity across <br>the organization. This is <br>evident through Ethisphere <br>recognizing GM for the <br>seventh consecutive year as <br>one of the World's Most <br>Ethical Companies, and our <br>recent modernization and <br>comprehensive refresh to the <br>Company's Code of Conduct.  |
| ![04_GM_Car_6.jpg](gm-20260420_g83.jpg)<br>| **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | The Committee regularly <br>reviews the Company's <br>compliance program and <br>ethical culture. We engage <br>with management on key <br>compliance matters and the <br>effectiveness of the <br>Company's approach to <br>ethics and integrity across <br>the organization. This is <br>evident through Ethisphere <br>recognizing GM for the <br>seventh consecutive year as <br>one of the World's Most <br>Ethical Companies, and our <br>recent modernization and <br>comprehensive refresh to the <br>Company's Code of Conduct.  |
| **Favorite Current GM Vehicle**<br>GMC Acadia<br>| **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | The Committee regularly <br>reviews the Company's <br>compliance program and <br>ethical culture. We engage <br>with management on key <br>compliance matters and the <br>effectiveness of the <br>Company's approach to <br>ethics and integrity across <br>the organization. This is <br>evident through Ethisphere <br>recognizing GM for the <br>seventh consecutive year as <br>one of the World's Most <br>Ethical Companies, and our <br>recent modernization and <br>comprehensive refresh to the <br>Company's Code of Conduct.  |
|  | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | The Committee regularly <br>reviews the Company's <br>compliance program and <br>ethical culture. We engage <br>with management on key <br>compliance matters and the <br>effectiveness of the <br>Company's approach to <br>ethics and integrity across <br>the organization. This is <br>evident through Ethisphere <br>recognizing GM for the <br>seventh consecutive year as <br>one of the World's Most <br>Ethical Companies, and our <br>recent modernization and <br>comprehensive refresh to the <br>Company's Code of Conduct.  |
|  | **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | The Committee regularly <br>reviews the Company's <br>compliance program and <br>ethical culture. We engage <br>with management on key <br>compliance matters and the <br>effectiveness of the <br>Company's approach to <br>ethics and integrity across <br>the organization. This is <br>evident through Ethisphere <br>recognizing GM for the <br>seventh consecutive year as <br>one of the World's Most <br>Ethical Companies, and our <br>recent modernization and <br>comprehensive refresh to the <br>Company's Code of Conduct.  |
| **Skillset:**<br>Cyber<br>Finance<br>Global<br>Governance<br>Marketing<br>Public Company CEO<br>Risk Management<br>Social<br>Technology<br>| **Experience:** Mr. Kelly served as the CEO of Visa Inc. <br>from 2016 to 2023 and was Chairman of Visa's Board <br>from 2019 to 2024. Prior to Visa, he served in <br>numerous leadership roles, including at American <br>Express, where he was President when he left in 2010, <br>and with the New York–New Jersey Super Bowl Host <br>Committee, where he was President and CEO.<br>**Reasons for Nomination:** Mr. Kelly has extensive <br>expertise in industry disruption, which has been <br>instrumental in driving innovation and competitive <br>advantage. His strong financial acumen ensures robust <br>fiscal oversight and strategic financial planning. <br>Additionally, Mr. Kelly's global leadership experience <br>provides valuable insights into international markets <br>and enhances the Board's ability to navigate complex <br>global challenges.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** Visa Inc. | The Committee regularly <br>reviews the Company's <br>compliance program and <br>ethical culture. We engage <br>with management on key <br>compliance matters and the <br>effectiveness of the <br>Company's approach to <br>ethics and integrity across <br>the organization. This is <br>evident through Ethisphere <br>recognizing GM for the <br>seventh consecutive year as <br>one of the World's Most <br>Ethical Companies, and our <br>recent modernization and <br>comprehensive refresh to the <br>Company's Code of Conduct.  |

---

---

| | |
|:---|:---|
| **12** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 1 Annual Election of Directors**

---

| | | |
|:---|:---|:---|
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Jonathan McNeill \| 58** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Co-Founder and CEO, DVx Ventures**<br>| |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity |  |  |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity |  |  |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **Emerging businesses like** <br>**GM Energy are part of the** <br>**Company's growth strategy.** <br>**What drove your decision to** <br>**install a GM Energy Home** <br>**System?** |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **Emerging businesses like** <br>**GM Energy are part of the** <br>**Company's growth strategy.** <br>**What drove your decision to** <br>**install a GM Energy Home** <br>**System?** |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **Emerging businesses like** <br>**GM Energy are part of the** <br>**Company's growth strategy.** <br>**What drove your decision to** <br>**install a GM Energy Home** <br>**System?** |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **Emerging businesses like** <br>**GM Energy are part of the** <br>**Company's growth strategy.** <br>**What drove your decision to** <br>**install a GM Energy Home** <br>**System?** |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **Emerging businesses like** <br>**GM Energy are part of the** <br>**Company's growth strategy.** <br>**What drove your decision to** <br>**install a GM Energy Home** <br>**System?** |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The GM Energy Home System <br>is a great product and the <br>prospect of pulling energy <br>from the grid during low-cost <br>periods, storing it in my <br>vehicle's battery or GM <br>Energy PowerBank, and then <br>discharging that energy into <br>my home at high-cost <br>periods, was a real <br>differentiator. GM Energy <br>offers a unique set of <br>integrated products and <br>solutions to help make home <br>energy management and EV <br>ownership more reliable and <br>cost effective — and I'm <br>excited about its future <br>growth. |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None<br> **A** | The GM Energy Home System <br>is a great product and the <br>prospect of pulling energy <br>from the grid during low-cost <br>periods, storing it in my <br>vehicle's battery or GM <br>Energy PowerBank, and then <br>discharging that energy into <br>my home at high-cost <br>periods, was a real <br>differentiator. GM Energy <br>offers a unique set of <br>integrated products and <br>solutions to help make home <br>energy management and EV <br>ownership more reliable and <br>cost effective — and I'm <br>excited about its future <br>growth. |
| ![05_headshots_McNeillJ.jpg](gm-20260420_g29.jpg)<br>**Director since:** 2022<br>**Committees:** <br>Governance<br>Risk and Cybersecurity | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The GM Energy Home System <br>is a great product and the <br>prospect of pulling energy <br>from the grid during low-cost <br>periods, storing it in my <br>vehicle's battery or GM <br>Energy PowerBank, and then <br>discharging that energy into <br>my home at high-cost <br>periods, was a real <br>differentiator. GM Energy <br>offers a unique set of <br>integrated products and <br>solutions to help make home <br>energy management and EV <br>ownership more reliable and <br>cost effective — and I'm <br>excited about its future <br>growth. |
| ![04_GM_Car_7.jpg](gm-20260420_g84.jpg)<br>| **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The GM Energy Home System <br>is a great product and the <br>prospect of pulling energy <br>from the grid during low-cost <br>periods, storing it in my <br>vehicle's battery or GM <br>Energy PowerBank, and then <br>discharging that energy into <br>my home at high-cost <br>periods, was a real <br>differentiator. GM Energy <br>offers a unique set of <br>integrated products and <br>solutions to help make home <br>energy management and EV <br>ownership more reliable and <br>cost effective — and I'm <br>excited about its future <br>growth. |
| **Favorite Current GM Vehicle**<br>Chevrolet Silverado EV <br>Trail Boss<br>| **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The GM Energy Home System <br>is a great product and the <br>prospect of pulling energy <br>from the grid during low-cost <br>periods, storing it in my <br>vehicle's battery or GM <br>Energy PowerBank, and then <br>discharging that energy into <br>my home at high-cost <br>periods, was a real <br>differentiator. GM Energy <br>offers a unique set of <br>integrated products and <br>solutions to help make home <br>energy management and EV <br>ownership more reliable and <br>cost effective — and I'm <br>excited about its future <br>growth. |
|  | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The GM Energy Home System <br>is a great product and the <br>prospect of pulling energy <br>from the grid during low-cost <br>periods, storing it in my <br>vehicle's battery or GM <br>Energy PowerBank, and then <br>discharging that energy into <br>my home at high-cost <br>periods, was a real <br>differentiator. GM Energy <br>offers a unique set of <br>integrated products and <br>solutions to help make home <br>energy management and EV <br>ownership more reliable and <br>cost effective — and I'm <br>excited about its future <br>growth. |
|  | **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The GM Energy Home System <br>is a great product and the <br>prospect of pulling energy <br>from the grid during low-cost <br>periods, storing it in my <br>vehicle's battery or GM <br>Energy PowerBank, and then <br>discharging that energy into <br>my home at high-cost <br>periods, was a real <br>differentiator. GM Energy <br>offers a unique set of <br>integrated products and <br>solutions to help make home <br>energy management and EV <br>ownership more reliable and <br>cost effective — and I'm <br>excited about its future <br>growth. |
| **Skillset:**<br>Cyber<br>Environmental<br>Finance<br>Global<br>Governance<br>Industry<br>Manufacturing<br>Marketing<br>Risk Management<br>Social<br>Technology<br>| **Experience:** Since 2020, Mr. McNeill has served as <br>CEO of DVx Ventures, a venture company focused on <br>early-stage startups. Prior to founding DVx Ventures, <br>he served as Chief Operating Officer of Lyft, Inc. from <br>2018 to 2019. From 2015 to 2018, he also served as <br>President, global sales, delivery and service of Tesla, <br>Inc., where he led the team to grow revenue from <br>$2 billion to over $20 billion annually across <br>33 countries. <br>**Reasons for Nomination:** Mr. McNeill has deep <br>experience as both an entrepreneur and as an <br>executive at companies of significant scale. He is a <br>demonstrated leader in the EV space with expertise in <br>new business models, software architecture, and <br>cybersecurity. Through his experience in positions of <br>senior leadership, he has founded and scaled multiple <br>technology and retail companies. In addition, <br>Mr. McNeill has emissions, product design, and lifecycle <br>management experience, which he gained through <br>years of advocacy for EV adoption.<br>**Other Public Company Directorships:** Lululemon <br>Athletica Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | The GM Energy Home System <br>is a great product and the <br>prospect of pulling energy <br>from the grid during low-cost <br>periods, storing it in my <br>vehicle's battery or GM <br>Energy PowerBank, and then <br>discharging that energy into <br>my home at high-cost <br>periods, was a real <br>differentiator. GM Energy <br>offers a unique set of <br>integrated products and <br>solutions to help make home <br>energy management and EV <br>ownership more reliable and <br>cost effective — and I'm <br>excited about its future <br>growth. |

---

---

| | | |
|:---|:---|:---|
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Judith A. Miscik \| 67** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Senior Advisor, Lazard Geopolitical Advisory Group**<br>| |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) |  |  |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) |  |  |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **What are the current** <br>**priorities for the Risk and** <br>**Cybersecurity Committee?**  |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **What are the current** <br>**priorities for the Risk and** <br>**Cybersecurity Committee?**  |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **What are the current** <br>**priorities for the Risk and** <br>**Cybersecurity Committee?**  |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | In 2026, the Committee is <br>focused on risks across our <br>enterprise, including our <br>cyber risk management <br>strategies, product <br>technology, data security, <br>product safety, the global <br>supply chain, and emerging <br>risks on the horizon. Our <br>priorities also include broader <br>risk management updates to <br>ensure GM is equipped with <br>the right processes, talent, <br>and culture to manage risks <br>as we pursue our strategic <br>objectives. |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None<br> **A** | In 2026, the Committee is <br>focused on risks across our <br>enterprise, including our <br>cyber risk management <br>strategies, product <br>technology, data security, <br>product safety, the global <br>supply chain, and emerging <br>risks on the horizon. Our <br>priorities also include broader <br>risk management updates to <br>ensure GM is equipped with <br>the right processes, talent, <br>and culture to manage risks <br>as we pursue our strategic <br>objectives. |
| ![05_GM_Judith.jpg](gm-20260420_g85.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Executive<br>Finance <br>Risk and Cybersecurity <br>(Chair) | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | In 2026, the Committee is <br>focused on risks across our <br>enterprise, including our <br>cyber risk management <br>strategies, product <br>technology, data security, <br>product safety, the global <br>supply chain, and emerging <br>risks on the horizon. Our <br>priorities also include broader <br>risk management updates to <br>ensure GM is equipped with <br>the right processes, talent, <br>and culture to manage risks <br>as we pursue our strategic <br>objectives. |
| ![04_GM_Car_8.jpg](gm-20260420_g86.jpg)<br>| **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | In 2026, the Committee is <br>focused on risks across our <br>enterprise, including our <br>cyber risk management <br>strategies, product <br>technology, data security, <br>product safety, the global <br>supply chain, and emerging <br>risks on the horizon. Our <br>priorities also include broader <br>risk management updates to <br>ensure GM is equipped with <br>the right processes, talent, <br>and culture to manage risks <br>as we pursue our strategic <br>objectives. |
| **Favorite Current GM Vehicle**<br>Cadillac Optiq<br>| **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | In 2026, the Committee is <br>focused on risks across our <br>enterprise, including our <br>cyber risk management <br>strategies, product <br>technology, data security, <br>product safety, the global <br>supply chain, and emerging <br>risks on the horizon. Our <br>priorities also include broader <br>risk management updates to <br>ensure GM is equipped with <br>the right processes, talent, <br>and culture to manage risks <br>as we pursue our strategic <br>objectives. |
|  | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | In 2026, the Committee is <br>focused on risks across our <br>enterprise, including our <br>cyber risk management <br>strategies, product <br>technology, data security, <br>product safety, the global <br>supply chain, and emerging <br>risks on the horizon. Our <br>priorities also include broader <br>risk management updates to <br>ensure GM is equipped with <br>the right processes, talent, <br>and culture to manage risks <br>as we pursue our strategic <br>objectives. |
|  | **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | In 2026, the Committee is <br>focused on risks across our <br>enterprise, including our <br>cyber risk management <br>strategies, product <br>technology, data security, <br>product safety, the global <br>supply chain, and emerging <br>risks on the horizon. Our <br>priorities also include broader <br>risk management updates to <br>ensure GM is equipped with <br>the right processes, talent, <br>and culture to manage risks <br>as we pursue our strategic <br>objectives. |
| **Skillset:**<br>Finance<br>Global<br>Governance<br>Risk Management<br>Social<br>Technology<br>| **Experience:** Ms. Miscik is a Senior Advisor at Lazard <br>Geopolitical Advisory Group. Prior to her current role, <br>she served as CEO and Vice Chairman of Kissinger <br>Associates, Inc. from 2017 to 2022 and before that in <br>other senior leadership positions. Prior to joining <br>Kissinger Associates, Ms. Miscik was the Global Head <br>of Sovereign Risk at Lehman Brothers from 2005 to <br>2008; and from 2002 to 2005, she served as Deputy <br>Director for Intelligence at the U.S. Central Intelligence <br>Agency, where she worked from 1983 to 2005.<br>**Reasons for Nomination:** Ms. Miscik has a unique and <br>extensive background in intelligence, security, <br>government affairs, and risk analysis, bringing valuable <br>experience in assessing and mitigating geopolitical and <br>macroeconomic risks in both the public and the <br>private sectors. Drawing on her deep experience in <br>geopolitical and international affairs, she provides <br>strategic insight on key issues affecting the Company, <br>including global markets and supply chain dynamics.<br>**Other Public Company Directorships:** Morgan Stanley <br>and HP Inc.<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | In 2026, the Committee is <br>focused on risks across our <br>enterprise, including our <br>cyber risk management <br>strategies, product <br>technology, data security, <br>product safety, the global <br>supply chain, and emerging <br>risks on the horizon. Our <br>priorities also include broader <br>risk management updates to <br>ensure GM is equipped with <br>the right processes, talent, <br>and culture to manage risks <br>as we pursue our strategic <br>objectives. |

---

**2026 Proxy Statement**<sub>13</sub>

**ITEM 1 Annual Election of Directors**

---

| | | |
|:---|:---|:---|
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Mark A. Tatum \| 56** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Deputy Commissioner and Chief Operating Officer, National Basketball Association** | **Mark A. Tatum \| 56** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Deputy Commissioner and Chief Operating Officer, National Basketball Association** |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance |  |  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance |  |  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **What role has the Board** <br>**played in Cadillac's Formula** <br>**1 strategy?**  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **What role has the Board** <br>**played in Cadillac's Formula** <br>**1 strategy?**  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | **What role has the Board** <br>**played in Cadillac's Formula** <br>**1 strategy?**  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None |  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | A few years ago, we toured <br>the Company's Motorsports <br>headquarters in North <br>Carolina and the Board has <br>been very excited about the <br>Formula 1 opportunity. Now <br>that we have started racing, <br>Mark Reuss, GM President, <br>provides regular updates to <br>showcase adjacent enterprise <br>and brand integration <br>opportunities that the <br>Formula 1 entry is creating. <br>The Board regularly tracks <br>how the F1 program is <br>performing relative to its <br>goals and benchmarks.  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None<br> **A** | A few years ago, we toured <br>the Company's Motorsports <br>headquarters in North <br>Carolina and the Board has <br>been very excited about the <br>Formula 1 opportunity. Now <br>that we have started racing, <br>Mark Reuss, GM President, <br>provides regular updates to <br>showcase adjacent enterprise <br>and brand integration <br>opportunities that the <br>Formula 1 entry is creating. <br>The Board regularly tracks <br>how the F1 program is <br>performing relative to its <br>goals and benchmarks.  |
| ![05_GM_Mark.jpg](gm-20260420_g87.jpg)<br>**Director since:** 2021<br>**Committees:** <br>Audit<br>Governance | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | A few years ago, we toured <br>the Company's Motorsports <br>headquarters in North <br>Carolina and the Board has <br>been very excited about the <br>Formula 1 opportunity. Now <br>that we have started racing, <br>Mark Reuss, GM President, <br>provides regular updates to <br>showcase adjacent enterprise <br>and brand integration <br>opportunities that the <br>Formula 1 entry is creating. <br>The Board regularly tracks <br>how the F1 program is <br>performing relative to its <br>goals and benchmarks.  |
| ![04_GM_Car_9.jpg](gm-20260420_g88.jpg)<br>| **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | A few years ago, we toured <br>the Company's Motorsports <br>headquarters in North <br>Carolina and the Board has <br>been very excited about the <br>Formula 1 opportunity. Now <br>that we have started racing, <br>Mark Reuss, GM President, <br>provides regular updates to <br>showcase adjacent enterprise <br>and brand integration <br>opportunities that the <br>Formula 1 entry is creating. <br>The Board regularly tracks <br>how the F1 program is <br>performing relative to its <br>goals and benchmarks.  |
| **Favorite Current GM Vehicle**<br>Cadillac Vistiq<br>| **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | A few years ago, we toured <br>the Company's Motorsports <br>headquarters in North <br>Carolina and the Board has <br>been very excited about the <br>Formula 1 opportunity. Now <br>that we have started racing, <br>Mark Reuss, GM President, <br>provides regular updates to <br>showcase adjacent enterprise <br>and brand integration <br>opportunities that the <br>Formula 1 entry is creating. <br>The Board regularly tracks <br>how the F1 program is <br>performing relative to its <br>goals and benchmarks.  |
|  | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | A few years ago, we toured <br>the Company's Motorsports <br>headquarters in North <br>Carolina and the Board has <br>been very excited about the <br>Formula 1 opportunity. Now <br>that we have started racing, <br>Mark Reuss, GM President, <br>provides regular updates to <br>showcase adjacent enterprise <br>and brand integration <br>opportunities that the <br>Formula 1 entry is creating. <br>The Board regularly tracks <br>how the F1 program is <br>performing relative to its <br>goals and benchmarks.  |
|  | **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | A few years ago, we toured <br>the Company's Motorsports <br>headquarters in North <br>Carolina and the Board has <br>been very excited about the <br>Formula 1 opportunity. Now <br>that we have started racing, <br>Mark Reuss, GM President, <br>provides regular updates to <br>showcase adjacent enterprise <br>and brand integration <br>opportunities that the <br>Formula 1 entry is creating. <br>The Board regularly tracks <br>how the F1 program is <br>performing relative to its <br>goals and benchmarks.  |
| **Skillset:**<br>Global<br>Governance<br>Marketing<br>Risk Management<br>Social<br>| **Experience:** Mr. Tatum joined the National Basketball <br>Association (NBA) in 1999 and was appointed NBA <br>Deputy Commissioner and Chief Operating Officer in <br>2014. Prior to that, he served in numerous leadership <br>roles at the NBA, including Executive Vice President of <br>Global Marketing Partnerships; Senior Vice President; <br>Vice President of Business Development; Senior <br>Director and Group Manager of Marketing Properties; <br>and Director of Marketing Partnerships.<br>**Reasons for Nomination:** Mr. Tatum has extensive <br>senior leadership experience in labor relations, brand <br>development, marketing and sales strategy, managing <br>media relationships and global business operations. He <br>also has significant experience driving customer <br>engagement and operations globally through his <br>leadership roles at the NBA.<br>**Other Public Company Directorships:** None<br>**Prior Public Company Directorships** <br>**(Past Five Years):** None | A few years ago, we toured <br>the Company's Motorsports <br>headquarters in North <br>Carolina and the Board has <br>been very excited about the <br>Formula 1 opportunity. Now <br>that we have started racing, <br>Mark Reuss, GM President, <br>provides regular updates to <br>showcase adjacent enterprise <br>and brand integration <br>opportunities that the <br>Formula 1 entry is creating. <br>The Board regularly tracks <br>how the F1 program is <br>performing relative to its <br>goals and benchmarks.  |

---

---

| | | |
|:---|:---|:---|
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Jan E. Tighe \| 63** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Retired Vice Admiral, U.S. Navy**<br>| |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity |  |  |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity |  |  |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | **The Company made changes** <br>**to its manufacturing** <br>**footprint last year and** <br>**invested in its U.S. plants. As** <br>**a Board member, how do you** <br>**help oversee the** <br>**manufacturing process?** |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | **The Company made changes** <br>**to its manufacturing** <br>**footprint last year and** <br>**invested in its U.S. plants. As** <br>**a Board member, how do you** <br>**help oversee the** <br>**manufacturing process?** |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | **The Company made changes** <br>**to its manufacturing** <br>**footprint last year and** <br>**invested in its U.S. plants. As** <br>**a Board member, how do you** <br>**help oversee the** <br>**manufacturing process?** |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | **The Company made changes** <br>**to its manufacturing** <br>**footprint last year and** <br>**invested in its U.S. plants. As** <br>**a Board member, how do you** <br>**help oversee the** <br>**manufacturing process?** |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | **The Company made changes** <br>**to its manufacturing** <br>**footprint last year and** <br>**invested in its U.S. plants. As** <br>**a Board member, how do you** <br>**help oversee the** <br>**manufacturing process?** |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | **The Company made changes** <br>**to its manufacturing** <br>**footprint last year and** <br>**invested in its U.S. plants. As** <br>**a Board member, how do you** <br>**help oversee the** <br>**manufacturing process?** |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | **The Company made changes** <br>**to its manufacturing** <br>**footprint last year and** <br>**invested in its U.S. plants. As** <br>**a Board member, how do you** <br>**help oversee the** <br>**manufacturing process?** |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | **The Company made changes** <br>**to its manufacturing** <br>**footprint last year and** <br>**invested in its U.S. plants. As** <br>**a Board member, how do you** <br>**help oversee the** <br>**manufacturing process?** |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. |  |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. |  |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | The Board has periodic <br>opportunities to tour our <br>manufacturing facilities. We <br>believe that the future of <br>transportation will be shaped <br>by the Company's innovation <br>and manufacturing expertise, <br>like the introduction of new <br>co-bots to support our team <br>members' productivity and <br>safety. The Board encourages <br>management to find ways to <br>build affordable vehicles in <br>the U.S. and support local <br>economies, so our customers <br>continue to have access to a <br>broad range of vehicles <br>they love. |
| ![05_GM_Jan.jpg](gm-20260420_g89.jpg)<br>**Director since:** 2023<br>**Committees:** <br>Audit<br>Risk and Cybersecurity | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc.<br> **A** | The Board has periodic <br>opportunities to tour our <br>manufacturing facilities. We <br>believe that the future of <br>transportation will be shaped <br>by the Company's innovation <br>and manufacturing expertise, <br>like the introduction of new <br>co-bots to support our team <br>members' productivity and <br>safety. The Board encourages <br>management to find ways to <br>build affordable vehicles in <br>the U.S. and support local <br>economies, so our customers <br>continue to have access to a <br>broad range of vehicles <br>they love. |
| ![04_GM_Car_10.jpg](gm-20260420_g90.jpg)<br>| **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | The Board has periodic <br>opportunities to tour our <br>manufacturing facilities. We <br>believe that the future of <br>transportation will be shaped <br>by the Company's innovation <br>and manufacturing expertise, <br>like the introduction of new <br>co-bots to support our team <br>members' productivity and <br>safety. The Board encourages <br>management to find ways to <br>build affordable vehicles in <br>the U.S. and support local <br>economies, so our customers <br>continue to have access to a <br>broad range of vehicles <br>they love. |
| **Favorite Current GM Vehicle**<br>Chevrolet <br>Corvette ZRX1<br>| **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | The Board has periodic <br>opportunities to tour our <br>manufacturing facilities. We <br>believe that the future of <br>transportation will be shaped <br>by the Company's innovation <br>and manufacturing expertise, <br>like the introduction of new <br>co-bots to support our team <br>members' productivity and <br>safety. The Board encourages <br>management to find ways to <br>build affordable vehicles in <br>the U.S. and support local <br>economies, so our customers <br>continue to have access to a <br>broad range of vehicles <br>they love. |
|  | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | The Board has periodic <br>opportunities to tour our <br>manufacturing facilities. We <br>believe that the future of <br>transportation will be shaped <br>by the Company's innovation <br>and manufacturing expertise, <br>like the introduction of new <br>co-bots to support our team <br>members' productivity and <br>safety. The Board encourages <br>management to find ways to <br>build affordable vehicles in <br>the U.S. and support local <br>economies, so our customers <br>continue to have access to a <br>broad range of vehicles <br>they love. |
|  | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | The Board has periodic <br>opportunities to tour our <br>manufacturing facilities. We <br>believe that the future of <br>transportation will be shaped <br>by the Company's innovation <br>and manufacturing expertise, <br>like the introduction of new <br>co-bots to support our team <br>members' productivity and <br>safety. The Board encourages <br>management to find ways to <br>build affordable vehicles in <br>the U.S. and support local <br>economies, so our customers <br>continue to have access to a <br>broad range of vehicles <br>they love. |
| **Skillset:**<br>Cyber<br>Global<br>Governance<br>Risk Management<br>Social<br>Technology<br>| **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. | The Board has periodic <br>opportunities to tour our <br>manufacturing facilities. We <br>believe that the future of <br>transportation will be shaped <br>by the Company's innovation <br>and manufacturing expertise, <br>like the introduction of new <br>co-bots to support our team <br>members' productivity and <br>safety. The Board encourages <br>management to find ways to <br>build affordable vehicles in <br>the U.S. and support local <br>economies, so our customers <br>continue to have access to a <br>broad range of vehicles <br>they love. |
|  | **Experience:** Vice Admiral Tighe retired from the U.S. <br>Navy in 2018, having served as the Deputy Chief of <br>Naval Operations for Information Warfare and Director <br>of Naval Intelligence. Her prior Flag Officer <br>assignments include command of the Navy's Fleet <br>Cyber Command from 2014 to 2016, President of the <br>Naval Postgraduate School from 2012 to 2013, and <br>Deputy Director of Operations at U.S. Cyber Command <br>from 2010 to 2011.<br>**Reasons for Nomination:** Vice Admiral Tighe <br>cultivated her operational experience in complex <br>cybersecurity matters, including operational <br>technologies, information systems technology, <br>technology risk management, and strategic <br>assessments, while serving in global operations roles <br>for the U.S. Navy and the National Security Agency. <br>Her extensive leadership experience of more than 20 <br>years in the U.S. Navy during a significant period of <br>technological transformation provides valuable <br>insights that are essential to the Company as it <br>continues to make progress on new technologies, like <br>EV, autonomous driving, and software offerings. <br>**Other Public Company Directorships:** The Goldman <br>Sachs Group, Inc. and Huntsman Corporation<br>**Prior Public Company Directorships** <br>**(Past Five Years):** The Progressive Corporation and <br>IronNet, Inc. |  |

---

---

| | |
|:---|:---|
| **14** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 1 Annual Election of Directors**

---

| | | |
|:---|:---|:---|
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Devin N. Wenig \| 59** ![04_GM_Independent.jpg](gm-20260420_g76.jpg)<br>**Co-Founder and CEO, Symbolic.ai**<br>| |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive |  |  |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive |  |  |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | **Software and Services is** <br>**critical to the Company's** <br>**strategy. How does the** <br>**Board help attract and** <br>**retain the skills needed to** <br>**execute this strategy?** |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | **Software and Services is** <br>**critical to the Company's** <br>**strategy. How does the** <br>**Board help attract and** <br>**retain the skills needed to** <br>**execute this strategy?** |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | **Software and Services is** <br>**critical to the Company's** <br>**strategy. How does the** <br>**Board help attract and** <br>**retain the skills needed to** <br>**execute this strategy?** |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | **Software and Services is** <br>**critical to the Company's** <br>**strategy. How does the** <br>**Board help attract and** <br>**retain the skills needed to** <br>**execute this strategy?** |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None |  |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None |  |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | One of our biggest priorities <br>as a Board — and for the <br>Executive Compensation <br>Committee in particular — is <br>to design executive <br>compensation plans that <br>attract and retain top talent, <br>including from the <br>technology industry, to help <br>execute the Company's <br>software and AV strategy. <br>We believe that our <br>compensation plans do just <br>that and are one of the key <br>enablers behind the <br>Company's strong <br>performance and improved <br>software offerings. |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None<br> **A** | One of our biggest priorities <br>as a Board — and for the <br>Executive Compensation <br>Committee in particular — is <br>to design executive <br>compensation plans that <br>attract and retain top talent, <br>including from the <br>technology industry, to help <br>execute the Company's <br>software and AV strategy. <br>We believe that our <br>compensation plans do just <br>that and are one of the key <br>enablers behind the <br>Company's strong <br>performance and improved <br>software offerings. |
| ![05_GM_Devin.jpg](gm-20260420_g91.jpg)<br>**Director since:** 2018<br>**Committees:** <br>Compensation (Chair) <br>Executive | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | One of our biggest priorities <br>as a Board — and for the <br>Executive Compensation <br>Committee in particular — is <br>to design executive <br>compensation plans that <br>attract and retain top talent, <br>including from the <br>technology industry, to help <br>execute the Company's <br>software and AV strategy. <br>We believe that our <br>compensation plans do just <br>that and are one of the key <br>enablers behind the <br>Company's strong <br>performance and improved <br>software offerings. |
| ![04_GM_Car_11.jpg](gm-20260420_g92.jpg)<br>| **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | One of our biggest priorities <br>as a Board — and for the <br>Executive Compensation <br>Committee in particular — is <br>to design executive <br>compensation plans that <br>attract and retain top talent, <br>including from the <br>technology industry, to help <br>execute the Company's <br>software and AV strategy. <br>We believe that our <br>compensation plans do just <br>that and are one of the key <br>enablers behind the <br>Company's strong <br>performance and improved <br>software offerings. |
| **Favorite Current GM Vehicle**<br>Chevrolet Blazer EV<br>| **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | One of our biggest priorities <br>as a Board — and for the <br>Executive Compensation <br>Committee in particular — is <br>to design executive <br>compensation plans that <br>attract and retain top talent, <br>including from the <br>technology industry, to help <br>execute the Company's <br>software and AV strategy. <br>We believe that our <br>compensation plans do just <br>that and are one of the key <br>enablers behind the <br>Company's strong <br>performance and improved <br>software offerings. |
|  | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | One of our biggest priorities <br>as a Board — and for the <br>Executive Compensation <br>Committee in particular — is <br>to design executive <br>compensation plans that <br>attract and retain top talent, <br>including from the <br>technology industry, to help <br>execute the Company's <br>software and AV strategy. <br>We believe that our <br>compensation plans do just <br>that and are one of the key <br>enablers behind the <br>Company's strong <br>performance and improved <br>software offerings. |
|  | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | One of our biggest priorities <br>as a Board — and for the <br>Executive Compensation <br>Committee in particular — is <br>to design executive <br>compensation plans that <br>attract and retain top talent, <br>including from the <br>technology industry, to help <br>execute the Company's <br>software and AV strategy. <br>We believe that our <br>compensation plans do just <br>that and are one of the key <br>enablers behind the <br>Company's strong <br>performance and improved <br>software offerings. |
| **Skillset:**<br>Finance<br>Global<br>Governance<br>Marketing<br>Public Company CEO<br>Risk Management<br>Social<br>Technology | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None | One of our biggest priorities <br>as a Board — and for the <br>Executive Compensation <br>Committee in particular — is <br>to design executive <br>compensation plans that <br>attract and retain top talent, <br>including from the <br>technology industry, to help <br>execute the Company's <br>software and AV strategy. <br>We believe that our <br>compensation plans do just <br>that and are one of the key <br>enablers behind the <br>Company's strong <br>performance and improved <br>software offerings. |
| **Skillset:**<br>Finance<br>Global<br>Governance<br>Marketing<br>Public Company CEO<br>Risk Management<br>Social<br>Technology | **Experience:** Since 2023, Mr. Wenig has served as <br>Co-Founder and CEO of Symbolic.ai, a platform and <br>application with advanced AI capabilities for publishers <br>and professional writers in news, research, and <br>communications. Previously, he served as President <br>and CEO of eBay Inc. and as a member of its board of <br>directors from July 2015 to August 2019. Mr. Wenig <br>also served as President of eBay's Marketplace <br>business from September 2011 to July 2015. Prior to <br>joining eBay, Mr. Wenig was CEO of Thomson Reuters <br>Corporation's largest division, Thomson Reuters <br>Markets, from 2008 to 2011; Chief Operating Officer of <br>Reuters Group plc from 2006 to 2008; and President <br>of Reuters' business divisions from 2003 to 2006. <br>**Reasons for Nomination:** Mr. Wenig has extensive <br>senior leadership experience in software and <br>technology, including artificial intelligence, global <br>operations, and strategic planning. He also has <br>significant expertise leading both high-growth <br>companies from the start-up phase and large, complex <br>organizations. <br>**Other Public Company Directorships:** None <br>**Prior Public Company Directorships**<br>**(Past Five Years):** None |  |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **15** |

---

**ITEM 1 Annual Election of Directors**

**Director Nomination Process**

**Board Size**

The Board sets the number of directors from time to time by a resolution of the Board. The Governance Committee

reassesses the suitability of the Board's size at least annually. The Board has the flexibility to increase or decrease the size

of the Board as circumstances warrant, though the Company's Certificate of Incorporation limits the total number of

directors to 17. The Board currently has 11 directors. If any nominee is unable to serve as a director, or if any director leaves

the Board between annual meetings, the Board may reduce the number of directors or elect an individual to fill the

resulting vacancy.

**Director Independence**

GM's Bylaws and Corporate Governance Guidelines define our standards for director independence and reflect applicable

NYSE and SEC requirements. At least two-thirds of our directors must be independent under these standards. In addition, all

members of the Audit Committee and the Compensation Committee must meet heightened independence standards under

applicable NYSE and SEC rules. For a director to be "independent," they must have no disqualifying relationships, as defined

in the NYSE standards, and the Board must determine that the director has no material relationship with the Company other

than the individual's service as a director.

The Governance Committee completed its annual assessment in February 2026 regarding the independence of each

director and made recommendations to the Board. Consistent with the standards described above, the Board has reviewed

all relationships between the Company and each director and director nominee and considered all relevant quantitative and

qualitative criteria. The Board has affirmatively determined that, other than Ms. Barra who serves as our CEO, all directors

are currently independent and, if applicable, were independent throughout 2025. Moreover, prior to retirement, Linda R.

Gooden and Thomas M. Schoewe were independent during their service on our Board in 2025. In addition, the Board

affirmatively determined that all of the director nominees who currently serve on the Audit Committee and the

Compensation Committee are independent as required by the heightened NYSE and SEC criteria described above.

In recommending to the Board that it determine each non-employee director is independent, the Governance Committee

considered whether there were any other facts or circumstances that might impair a director's independence. The

Governance Committee also considered that GM, in the ordinary course of business during the last three years, has sold fleet

vehicles to, and purchased products and services from, companies at which some of our directors serve as non-employee

directors or executives. The Board determined that these transactions were not material to GM or the other companies

involved and that none of our directors had a material interest in the transactions with these companies. In each case, these

transactions were in the ordinary course of business for GM and the other companies involved, and were on terms and

conditions available to similarly situated customers and suppliers. Therefore, the Board determined they did not impair such

directors' independence.

**Director Service on Other Public Company Boards**

The Board recognizes that service on other public company boards provides directors valuable experience that benefits the

Company. The Board also believes, however, that it is critical that directors dedicate sufficient time to their service on the

Company's Board. Directors are expected to advise the Board Chair, Independent Lead Director, or Governance Committee

Chair in advance of accepting an invitation to serve on another board of directors or any audit committee of another public

company's board. This allows the Governance Committee to assess the impact of the director joining another board based

on various factors relevant to the specific situation, including the nature and extent of a director's other professional

obligations and the time commitment required by the new position.

**Director Commitment and Availability Review**<br>The Governance Committee conducts an annual review of director commitment levels and affirms that all directors <br>are able to comply with the Company's expectations of a director's time and availability.<br>

---

| | |
|:---|:---|
| **16** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 1 Annual Election of Directors**

Sometimes, for example, the Governance Committee determines that directors who are engaged in active, full-time

employment have less time to devote to board service than a director whose principal occupation is serving on boards. Our

Corporate Governance Guidelines provide that, without obtaining the approval of the Board:

• A non-employee director may not serve on the boards of more than four other public companies (excluding nonprofits

and subsidiaries); and

• No member of the Audit Committee may serve on more than two other public company board audit committees

(excluding nonprofits and subsidiaries).

The Board also prefers that employees, including executive officers and management directors, not serve on the board of

more than one other public company or for-profit entity, and requires that management directors obtain the approval of the

Governance Committee prior to accepting an invitation to serve on an outside board. At this time, all directors and

employees, are in compliance with these guidelines.

**Director Renomination Process**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **1** |  | **2** |  | **3** |  | **4** |
| **1** |  | **2** |  | **3** |  | **4** |
| **1** |  | **2** |  | **3** |  | **4** |
| **Governance Committee** <br>**Reviews Incumbent Directors**<br>•Review history of attendance<br>•Assess meeting participation<br>•Consider contributions to Board <br>activities<br>•Review results of the Board self-<br>evaluation<br>•Evaluate continued <br>independence and potential <br>conflicts of interest | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **Recommend** <br>**Election to Our** <br>**Board** | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **Review by Full** <br>**Board** | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **Nominated for** <br>**Election at the** <br>**Annual Meeting** |

---

**Director Recruitment Process**

The Governance Committee aims to balance tenure, diversity, and skills when recommending director nominees. The Board

values periodic refreshment and committee rotation to align with the evolving needs of the Company and to introduce fresh

perspectives. Continuity is also important, as it helps directors develop a deep understanding of the Company and work

effectively as a group, which we believe is genuinely beneficial to shareholders.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **1** |  | **2** |  | **3** |  | **4** |  | **5** |
| **1** |  | **2** |  | **3** |  | **4** |  | **5** |
| **1** |  | **2** |  | **3** |  | **4** |  | **5** |
| **Source Candidate** <br>**Pool From**<br>•Independent <br>search firms<br>•Directors<br>•Management<br>•Shareholders | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **In-Depth Review by** <br>**the Governance** <br>**Committee**<br>•Consider skills matrix<br>•Screen qualifications<br>•Review independence <br>and potential conflicts | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **Recommend** <br>**Selected** <br>**Candidate for** <br>**Election to** <br>**Our Board** | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **Review** <br>**by Full** <br>**Board** | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **Select** <br>**Director(s)** |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **17** |

---

**ITEM 1 Annual Election of Directors**

**Candidate Recommendation and Director Communications**

The Governance Committee will consider director candidates recommended by shareholders. The Governance Committee

will review the qualifications and experience of each recommended candidate using the same criteria for candidates

proposed by Board members and communicate its decision to the candidate or the shareholder who made the

recommendation. Shareholder nominations must be submitted to the Company by the deadlines found on page [103](#ibf0a29217f934992b98b231c9b1fd7d6_10533).

**To Recommend a Director Candidate, Write To:**<br>GM's Corporate Secretary at General Motors Company, Mail Code 482-22381-1101, 1240 Woodward Avenue, <br>Detroit, Michigan 48265, or by email at <u>shareholder.relations@gm.com</u>*.*<br>

**Director Communications**<br>Shareholders and interested parties wishing to contact our Board may send a letter to GM's Corporate Secretary at <br>General Motors Company, Mail Code 482-22381-1101, 1240 Woodward Avenue, Detroit, Michigan 48265, or by <br>email at <u>shareholder.relations@gm.com</u>. Communications received in writing will be distributed to the Independent <br>Lead Director or independent members of the Board as a group, if appropriate, unless such communications are <br>considered, in the reasonable judgment of the Corporate Secretary, improper for submission to the <br>intended recipient(s).<br>

---

| | |
|:---|:---|
| **18** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

Corporate Governance

**The Board of Directors**

GM is governed by a Board of Directors and its committees that meet throughout the year to ensure that the CEO and other

senior management are operating the Company in a prudent and ethical manner. The Board is elected by our shareholders

to oversee and provide guidance on the Company's business and affairs. It is the ultimate decision-making body of the

Company except for those matters reserved for shareholders by law or pursuant to the Company's corporate governance

documents. Among other things, the Board oversees the Company's strategy and execution of its strategic priorities. In

addition, it oversees management's proper safeguarding of the assets of the Company, maintenance of appropriate financial

and other internal controls, compliance with applicable laws and regulations, and proper governance. The Board is

committed to sound corporate governance policies and practices that are designed and routinely assessed to enable the

Company to operate its business responsibly, with integrity, and to position GM to compete more effectively, sustain its

success, and build long-term shareholder value.

**Board Leadership Structure and Composition**

The Board has the flexibility to decide when the positions of Board

Chair and CEO should be combined or whether an independent director

should serve as Board Chair. This allows the Board to choose the

leadership structure that it believes will best serve the interests of our

shareholders at any particular time. In January 2016, the Board

recombined the positions of Board Chair and CEO under the leadership

of Ms. Barra and designated an Independent Lead Director.

---

| | |
|:---|:---|
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg) | ![05_GM_CorpGov_RussoP.jpg](gm-20260420_g94.jpg) |
| **Mary T. Barra**<br>Chair and CEO<br>| **Patricia F. Russo**<br>Independent Lead <br>Director<br>|

---

**The Role of the Chairman of the Board and CEO**

The Board has determined that it is currently in the Company's best interest to combine the roles of CEO and Chair. Serving

as both CEO and Chair of the Board, Ms. Barra provides strategic leadership and ensures alignment between management

and the Board. In this dual role, she facilitates Board discussions on key business priorities while also overseeing the

Company's day-to-day operations and long-term strategy execution. This structure enables a unified leadership vision that

is supported by a foundation of strong governance practices to maintain independent oversight and accountability.

**The Role of the Independent Lead Director**

GM's Board believes that a strong Independent Lead Director role with clearly defined responsibilities provides effective

independent management oversight. The independent directors consider several factors, as further outlined below, when

annually electing the Independent Lead Director to ensure balanced leadership and an independent Board. Ms. Russo is the

Board's Independent Lead Director, a role she has held since 2021. Ms. Russo joined our Board in 2009 and previously

served as the Independent Lead Director from 2010 to 2014. Her extensive knowledge of GM's business and experience

collaborating with our management team uniquely qualifies her to provide strong, independent leadership and strategic

direction to the Board at this time.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **19** |

---

**Corporate Governance**

Below is a summary of the key duties and responsibilities of GM's Independent Lead Director:

---

| | |
|:---|:---|
| •Presiding over all Board meetings when the Board <br>Chair is not present, including executive sessions of <br>non-management directors, and advising the Board <br>Chair of any actions taken;<br>•Providing Board leadership if circumstances arise in <br>which the Board Chair actually has, potentially has, <br>or is perceived to have, a conflict of interest; <br>•Calling executive sessions for non-management <br>directors, relaying feedback from these sessions to <br>the Board Chair, and implementing decisions made <br>by the non-management directors;<br>•Leading non-management directors in the annual <br>evaluation of the CEO's performance, <br>communicating the results of that evaluation to the <br>CEO, and overseeing CEO succession planning;<br>•Approving Board meeting agendas, materials and <br>meeting schedules to ensure sufficient time for <br>discussion of all items;<br>| •Advising on the scope, quality, quantity, and <br>timeliness of the flow of information between <br>management and the Board; <br>•Serving as a liaison between non-management <br>directors and the Board Chair when requested to do <br>so (although all non-management directors have <br>direct and complete access to the Board Chair at any <br>time they may deem necessary or appropriate); <br>•Interviewing, along with the Chair of the Governance <br>Committee, all director candidates and making <br>recommendations to the Governance Committee and <br>the Board;<br>•Being available to advise the Board committee chairs <br>in fulfilling their designated roles and responsibilities <br>to the Board; and<br>•Engaging, when requested to do so, with shareholders.<br>|

---

**Board Committees**

The Board has six standing committees: Audit, Executive, Executive Compensation, Finance, Governance, and Risk and

Cybersecurity. In addition to committee meetings, each committee chair regularly meets with management throughout the

year to discuss and preview committee business, shape agendas, and facilitate efficient meetings. The Board Chair, Ms.

Barra, and the Independent Lead Director, Ms. Russo, are invited to attend all committee meetings to serve as a resource

and to help identify topics requiring the Board's attention. The Board has determined that each member of the Audit,

Compensation, Finance, Governance, and Risk and Cybersecurity Committees is independent according to applicable SEC

and NYSE requirements and our Corporate Governance Guidelines. Our Corporate Governance Guidelines and each

committee's charter is available at <u>investor.gm.com/governanceandsustainability</u>.

**Delegation and Access to Outside Advisors**

Each committee may delegate authority to subcommittees consisting of one or more members when it deems it appropriate.

The Board and each committee can also select and retain the services of outside advisors at the Company's expense.

---

| | |
|:---|:---|
| **20** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Corporate Governance**

**Committee Overview**

---

| | |
|:---|:---|
| **Audit** | **Audit** |
| ![05_GM_CorpGov-Com_BushW.jpg](gm-20260420_g95.jpg)<br>| **Key Responsibilities**<br>•Monitors the effectiveness of GM's financial reporting processes and systems, as well as <br>disclosure and internal controls;<br>•Selects and engages GM's external auditors and reviews and evaluates the audit process;<br>•Reviews and evaluates the scope and performance of the internal audit function;<br>•Facilitates ongoing communications about GM's financial position and affairs among the <br>Board and the external auditors, GM's financial and senior management, and GM's internal <br>audit staff; and<br>•Reviews GM's policies and procedures regarding ethics and compliance, including the Global <br>Ethics and Compliance Center and its leader, the Chief Compliance Officer. |
| **Wesley G. Bush**<br>Chair<br>**Committee** <br>**Members:**<br>Joanne C.<br>Crevoiserat<br>Alfred F. Kelly, Jr.<br>Mark A. Tatum<br>Jan E. Tighe<br>**Meetings held in** <br>**2025:**<br>8 | **Key Responsibilities**<br>•Monitors the effectiveness of GM's financial reporting processes and systems, as well as <br>disclosure and internal controls;<br>•Selects and engages GM's external auditors and reviews and evaluates the audit process;<br>•Reviews and evaluates the scope and performance of the internal audit function;<br>•Facilitates ongoing communications about GM's financial position and affairs among the <br>Board and the external auditors, GM's financial and senior management, and GM's internal <br>audit staff; and<br>•Reviews GM's policies and procedures regarding ethics and compliance, including the Global <br>Ethics and Compliance Center and its leader, the Chief Compliance Officer. |
| **Wesley G. Bush**<br>Chair<br>**Committee** <br>**Members:**<br>Joanne C.<br>Crevoiserat<br>Alfred F. Kelly, Jr.<br>Mark A. Tatum<br>Jan E. Tighe<br>**Meetings held in** <br>**2025:**<br>8 |  |
| **Wesley G. Bush**<br>Chair<br>**Committee** <br>**Members:**<br>Joanne C.<br>Crevoiserat<br>Alfred F. Kelly, Jr.<br>Mark A. Tatum<br>Jan E. Tighe<br>**Meetings held in** <br>**2025:**<br>8 |  |
| **Wesley G. Bush**<br>Chair<br>**Committee** <br>**Members:**<br>Joanne C.<br>Crevoiserat<br>Alfred F. Kelly, Jr.<br>Mark A. Tatum<br>Jan E. Tighe<br>**Meetings held in** <br>**2025:**<br>8 | **2025 Discussion Highlights** <br>•Reviewed the Company's earnings releases and periodic reports, including financial <br>statements on Forms 10-K and 10-Q prior to filing with the SEC. <br>•Reviewed and approved special charges based on a planned strategic realignment of the <br>Company's EV capacity and manufacturing footprint to consumer demand.<br>•Engaged in artificial intelligence training to assess how the Company and its external <br>auditors use technology to improve its audit capabilities.<br>|

---

---

| | |
|:---|:---|
| **Executive Compensation** | **Executive Compensation** |
| ![05_GM_CorpGov-Com_WenigD.jpg](gm-20260420_g96.jpg)<br>| **Key Responsibilities**<br>•Reviews the Company's executive compensation policies, practices, and programs;<br>•Reviews and approves corporate goals and objectives for compensation, evaluates <br>performance (along with the other independent directors), and determines compensation <br>levels for the CEO;<br>•Reviews and approves compensation of NEOs, executive officers, and other senior leaders <br>under its purview; and<br>•Reviews compensation policies and practices so that the plans do not encourage unnecessary <br>or excessive risk-taking. |
| **Devin Wenig**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joseph Jimenez<br>Patricia F. Russo<br>**Meetings held in** <br>**2025:**<br>4 | **Key Responsibilities**<br>•Reviews the Company's executive compensation policies, practices, and programs;<br>•Reviews and approves corporate goals and objectives for compensation, evaluates <br>performance (along with the other independent directors), and determines compensation <br>levels for the CEO;<br>•Reviews and approves compensation of NEOs, executive officers, and other senior leaders <br>under its purview; and<br>•Reviews compensation policies and practices so that the plans do not encourage unnecessary <br>or excessive risk-taking. |
| **Devin Wenig**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joseph Jimenez<br>Patricia F. Russo<br>**Meetings held in** <br>**2025:**<br>4 |  |
| **Devin Wenig**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joseph Jimenez<br>Patricia F. Russo<br>**Meetings held in** <br>**2025:**<br>4 |  |
| **Devin Wenig**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joseph Jimenez<br>Patricia F. Russo<br>**Meetings held in** <br>**2025:**<br>4 | **2025 Discussion Highlights**<br>•Continued shareholder outreach to seek feedback on the Company's evolving executive <br>compensation plans. For more information on the Committee's response to recent <br>feedback, please see page [44](#id2771a37e97e49db989439eef43a7e84_34247). <br>•Conducted a comprehensive review and analysis of the incentive compensation plans — <br>including performance measures, weightings, and target-setting rigor — to further align <br>the incentive framework to the Company's evolving strategy. <br>•Evaluated the competitiveness and structure of the Company's compensation program <br>including market positioning and pay mix, to help ensure it supports the attraction, <br>retention, and motivation of critical leadership talent.<br>|

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **21** |

---

**Corporate Governance**

---

| | |
|:---|:---|
| **Finance** | **Finance** |
| ![05_GM_CorpGov-Com_JimenezJ.jpg](gm-20260420_g97.jpg)<br>| **Key Responsibilities**<br>•Reviews financial policies, strategies, and capital structure;<br>•Reviews the Company's cash management policies and proposed capital allocation plans, <br>capital expenditures, dividend actions, stock repurchase programs, issuances and <br>redemptions of debt or equity securities, significant credit facilities, and other borrowings or <br>guarantees;<br>•Reviews significant financial exposures and contingent liabilities, including foreign exchange, <br>interest rate, and commodities exposures, and the use of derivatives to hedge <br>those exposures; and<br>•Reviews any significant strategic transactions, including mergers, acquisitions, divestitures, <br>partnerships, joint ventures, and other collaborations. |
| **Joseph Jimenez**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joanne C.<br>Crevoiserat<br>Judith A. Miscik<br>Patricia F. Russo<br>**Meetings held in** <br>**2025:**<br>4 | **Key Responsibilities**<br>•Reviews financial policies, strategies, and capital structure;<br>•Reviews the Company's cash management policies and proposed capital allocation plans, <br>capital expenditures, dividend actions, stock repurchase programs, issuances and <br>redemptions of debt or equity securities, significant credit facilities, and other borrowings or <br>guarantees;<br>•Reviews significant financial exposures and contingent liabilities, including foreign exchange, <br>interest rate, and commodities exposures, and the use of derivatives to hedge <br>those exposures; and<br>•Reviews any significant strategic transactions, including mergers, acquisitions, divestitures, <br>partnerships, joint ventures, and other collaborations. |
| **Joseph Jimenez**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joanne C.<br>Crevoiserat<br>Judith A. Miscik<br>Patricia F. Russo<br>**Meetings held in** <br>**2025:**<br>4 |  |
| **Joseph Jimenez**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joanne C.<br>Crevoiserat<br>Judith A. Miscik<br>Patricia F. Russo<br>**Meetings held in** <br>**2025:**<br>4 |  |
| **Joseph Jimenez**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joanne C.<br>Crevoiserat<br>Judith A. Miscik<br>Patricia F. Russo<br>**Meetings held in** <br>**2025:**<br>4 | **2025 Discussion Highlights** <br>•Reviewed the Company's capital allocation framework and recommended the Board <br>increase the share repurchase program by $6 billion in the first quarter of 2025 and <br>increase the quarterly dividend by 20 percent. <br>•Continued regular reviews of the financial performance of the Company's vehicle <br>portfolio and recommended the Board approve certain vehicle programs, while also <br>monitoring momentum on EV sales and franchise profitability.<br>•Reviewed and approved the early repayment of a Department of Energy loan for the <br>Company's Ultium Cells joint venture to provide operational flexibility to manufacture <br>new, lower-cost battery cell chemistries and form factors.<br>|

---

---

| | |
|:---|:---|
| **Governance and Corporate Responsibility** | **Governance and Corporate Responsibility** |
| ![05_GM_CorpGov-Com_RussoP.jpg](gm-20260420_g98.jpg)<br>| **Key Responsibilities**<br>•Reviews the Company's governance framework;<br>•Monitors Company policies and strategies related to corporate responsibility, sustainability, <br>and political contributions and lobbying activities;<br>•Reviews the appropriate composition of the Board and recommends director nominees;<br>•Monitors the self-evaluation process of the Board and committees;<br>•Recommends compensation of non-employee directors to the Board; and<br>•Reviews and approves related party transactions and any potential conflicts of interest. |
| **Patricia F. Russo**<br>Chair<br>**Committee** <br>**Members:**<br>Joanne C.<br>Crevoiserat<br>Jonathan McNeill<br>Mark A. Tatum<br>**Meetings held in** <br>**2025:**<br>3 | **Key Responsibilities**<br>•Reviews the Company's governance framework;<br>•Monitors Company policies and strategies related to corporate responsibility, sustainability, <br>and political contributions and lobbying activities;<br>•Reviews the appropriate composition of the Board and recommends director nominees;<br>•Monitors the self-evaluation process of the Board and committees;<br>•Recommends compensation of non-employee directors to the Board; and<br>•Reviews and approves related party transactions and any potential conflicts of interest. |
| **Patricia F. Russo**<br>Chair<br>**Committee** <br>**Members:**<br>Joanne C.<br>Crevoiserat<br>Jonathan McNeill<br>Mark A. Tatum<br>**Meetings held in** <br>**2025:**<br>3 |  |
| **Patricia F. Russo**<br>Chair<br>**Committee** <br>**Members:**<br>Joanne C.<br>Crevoiserat<br>Jonathan McNeill<br>Mark A. Tatum<br>**Meetings held in** <br>**2025:**<br>3 |  |
| **Patricia F. Russo**<br>Chair<br>**Committee** <br>**Members:**<br>Joanne C.<br>Crevoiserat<br>Jonathan McNeill<br>Mark A. Tatum<br>**Meetings held in** <br>**2025:**<br>3 | **2025 Discussion Highlights** <br>•Recommended and oversaw the implementation of corporate governance best practice <br>initiatives, including updating the Corporate Governance Guidelines as part of the <br>Board's evolving five-year succession roadmap.<br>•Received updates on various aspects of the Company's public policy advocacy <br>strategies and political spending priorities. <br>•Oversaw strategic enhancements to the Company's sustainability and charitable <br>giving strategies.<br>|

---

---

| | |
|:---|:---|
| **22** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Corporate Governance**

---

| | |
|:---|:---|
| **Risk and Cybersecurity** | **Risk and Cybersecurity** |
| ![05_GM_CorpGov-Com_MiscikJ.jpg](gm-20260420_g99.jpg)<br>| **Key Responsibilities**<br>•Reviews the Company's key strategic, enterprise, cybersecurity, climate, and privacy risks;<br>•Reviews the Company's risk management framework and management's implementation of <br>risk policies, procedures, and governance to assess their effectiveness;<br>•Reviews management's evaluation of strategic and operating risks, including risk <br>concentrations, product safety, quarterly information security reports, mitigating measures, <br>and the types and levels of risk that are acceptable in the pursuit and protection of <br>shareholder value; and<br>•Reviews the Company's risk culture, including the integration of risk management into the <br>Company's behaviors, decision-making, and processes. |
| **Judith A. Miscik**<br>Chair<br>**Committee** <br>**Members:**<br>Joseph Jimenez<br>Alfred Kelly, Jr.<br>Jonathan McNeill<br>Jan E. Tighe<br>**Meetings held in** <br>**2025:**<br>3 | **Key Responsibilities**<br>•Reviews the Company's key strategic, enterprise, cybersecurity, climate, and privacy risks;<br>•Reviews the Company's risk management framework and management's implementation of <br>risk policies, procedures, and governance to assess their effectiveness;<br>•Reviews management's evaluation of strategic and operating risks, including risk <br>concentrations, product safety, quarterly information security reports, mitigating measures, <br>and the types and levels of risk that are acceptable in the pursuit and protection of <br>shareholder value; and<br>•Reviews the Company's risk culture, including the integration of risk management into the <br>Company's behaviors, decision-making, and processes. |
| **Judith A. Miscik**<br>Chair<br>**Committee** <br>**Members:**<br>Joseph Jimenez<br>Alfred Kelly, Jr.<br>Jonathan McNeill<br>Jan E. Tighe<br>**Meetings held in** <br>**2025:**<br>3 |  |
| **Judith A. Miscik**<br>Chair<br>**Committee** <br>**Members:**<br>Joseph Jimenez<br>Alfred Kelly, Jr.<br>Jonathan McNeill<br>Jan E. Tighe<br>**Meetings held in** <br>**2025:**<br>3 |  |
| **Judith A. Miscik**<br>Chair<br>**Committee** <br>**Members:**<br>Joseph Jimenez<br>Alfred Kelly, Jr.<br>Jonathan McNeill<br>Jan E. Tighe<br>**Meetings held in** <br>**2025:**<br>3 | **2025 Discussion Highlights** <br>•Reviewed annual risk assessment results and provided guidance to management on the <br>most significant risks to the Company's strategy and key strategic initiatives.<br>•Conducted reviews of key enterprise risks, including related to OEM competitors, <br>geopolitical hot spots, and supply chain resiliency.<br>•Approved the Company's 2026 cybersecurity budget and closely monitored the integration <br>of the information technology and cybersecurity functions under one organization.<br>|

---

---

| | |
|:---|:---|
| **Executive** | **Executive** |
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg) | **Key Responsibilities**<br>•Composed of the Board Chair and CEO, the Independent Lead Director, and the chairs of all <br>other standing committees;<br>•Chaired by Ms. Barra and acts on certain limited matters for the full Board in intervals <br>between meetings of the Board; and<br>•Meets as necessary, and all actions by the Executive Committee are reported and ratified at <br>the next succeeding Board meeting. |
| **Mary T. Barra**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joseph Jimenez<br>Judith A. Miscik<br>Patricia F. Russo<br>Devin Wenig<br>**Meetings held in** <br>**2025:**<br>0 | **Key Responsibilities**<br>•Composed of the Board Chair and CEO, the Independent Lead Director, and the chairs of all <br>other standing committees;<br>•Chaired by Ms. Barra and acts on certain limited matters for the full Board in intervals <br>between meetings of the Board; and<br>•Meets as necessary, and all actions by the Executive Committee are reported and ratified at <br>the next succeeding Board meeting. |
| **Mary T. Barra**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joseph Jimenez<br>Judith A. Miscik<br>Patricia F. Russo<br>Devin Wenig<br>**Meetings held in** <br>**2025:**<br>0 |  |
| **Mary T. Barra**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joseph Jimenez<br>Judith A. Miscik<br>Patricia F. Russo<br>Devin Wenig<br>**Meetings held in** <br>**2025:**<br>0 |  |
| **Mary T. Barra**<br>Chair<br>**Committee** <br>**Members:**<br>Wesley G. Bush<br>Joseph Jimenez<br>Judith A. Miscik<br>Patricia F. Russo<br>Devin Wenig<br>**Meetings held in** <br>**2025:**<br>0 |  |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **23** |

---

**Corporate Governance**

**The Board's Role and Responsibilities**

**Oversight of Strategy**

One of the Board's primary responsibilities is overseeing management's establishment and execution of its corporate

strategy. At least annually, management reviews the overall corporate strategy and key strategic risks with the Board.

Throughout the year, the Board monitors progress against the strategic plan to ensure alignment with long-term objectives.

**Board and Committee Oversight of Risk**

---

| | |
|:---|:---|
| **Board of Directors**<br>•The Board has overall responsibility for risk oversight and focuses on the most significant risks facing the Company.<br>•The Board discharges its risk oversight responsibilities, in part, through delegation to its committees.<br>•The Board delegates oversight for certain risks to each committee based on the risk categories relevant to the subject matter of <br>the committee.<br>•Each committee chair reports to the Board after each meeting on the topics and risks reviewed and the outcomes of <br>those discussions.  | **Board of Directors**<br>•The Board has overall responsibility for risk oversight and focuses on the most significant risks facing the Company.<br>•The Board discharges its risk oversight responsibilities, in part, through delegation to its committees.<br>•The Board delegates oversight for certain risks to each committee based on the risk categories relevant to the subject matter of <br>the committee.<br>•Each committee chair reports to the Board after each meeting on the topics and risks reviewed and the outcomes of <br>those discussions.  |
| ![02_GM_CorpGov_ArrowUpDown.jpg](gm-20260420_g100.jpg) | ![02_GM_CorpGov_ArrowUpDown.jpg](gm-20260420_g100.jpg) |
| **Audit Committee** | •Oversees risks related to (i) financial reporting, internal disclosure controls, and auditing <br>matters; and (ii) legal, regulatory, and compliance programs. |
| **Executive Compensation** <br>**Committee**<br>| •Oversees risks related to executive and employee compensation plans, including through the <br>design of compensation plans that promote prudent risk management and unnecessary <br>risk taking. |
| **Finance Committee** | •Oversees risks related to (i) significant financial exposures and contingent liabilities of the <br>Company; (ii) regulatory compliance of employee-defined benefit plans; and (iii) M&A activity. |
| **Governance and Corporate** <br>**Responsibility Committee**<br>| •Oversees risks related to (i) public policy and political activities; (ii) director independence <br>and related party transactions; and (iii) sustainability and corporate giving.<br>|
| **Risk and Cybersecurity** <br>**Committee**<br>| •Oversees risks related to the Company's key strategic, enterprise, and cybersecurity risks, <br>including workplace and product safety, and customer privacy;<br>•Coordinates with the chairs of the other committees to support them in managing the <br>relationship between risk management policies and practices and their respective <br>oversight responsibilities; and<br>•Assists the Board by monitoring the overall effectiveness of the Company's risk management <br>framework and processes. |
| **Identification and Monitoring of Evolving Risk** <br>The Company's risk governance framework operates through a combination of top-down and bottom-up processes, with the tone set <br>by Ms. Barra, our Chair and CEO, and other members of senior management. The Strategic Risk Management team conducts a <br>year-round risk assessment and provides regular updates on enterprise and emerging risks to senior leaders. In addition, a Risk <br>Advisory Council and the Risk and Cybersecurity Committee also receive detailed updates on these critical risks throughout the year. | **Identification and Monitoring of Evolving Risk** <br>The Company's risk governance framework operates through a combination of top-down and bottom-up processes, with the tone set <br>by Ms. Barra, our Chair and CEO, and other members of senior management. The Strategic Risk Management team conducts a <br>year-round risk assessment and provides regular updates on enterprise and emerging risks to senior leaders. In addition, a Risk <br>Advisory Council and the Risk and Cybersecurity Committee also receive detailed updates on these critical risks throughout the year. |

---

---

| | |
|:---|:---|
| **24** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Corporate Governance**

**Enterprise Risk Management**

The selected areas of risk oversight highlighted below were identified by the Risk and Cybersecurity Committee as focus

areas in 2026. These topics are continuously reviewed to ensure effective oversight of emerging and inherent risks.

**Selected Areas of Risk Oversight**

---

| | |
|:---|:---|
| **Workforce Strategy** | The Board along with the Compensation Committee oversees matters related to the Company's <br>workforce strategy, including attraction of critical skill sets, incentive compensation structure, <br>enhancements to organizational design, and labor relations.<br>|
| **Core Operations** | The Board directly oversees matters related to the Company's core operations, including <br>workplace safety, sustainability initiatives, asset and plant management, and GM's <br>overall reputation. <br>|
| **Product Execution** | GM's full Board directly oversees product strategy and execution and receives regular updates on <br>product safety, software and services, and U.S. regulations related to product development. In <br>addition, the Board directly engages with the Company's brand leads to discuss and review <br>product updates. <br>|
| **Market and** <br>**Competition**<br>| The Board reviews and discusses updates on global market competition with members of the <br>Senior Leadership Team. These reports include updates on industry partnerships, infrastructure <br>and adoption rates of electric vehicles, and analyses of competitive landscapes. <br>|
| **New Ventures and**<br>**Innovation**<br>| The Finance Committee, along with the Board, regularly reviews GM's diverse product portfolio, <br>new ventures, and disruptive technologies like artificial intelligence. These reviews help create <br>opportunities for recurring revenue from software and services and other innovations that align <br>with the Company's long-term business objectives.<br>|
| **Financial** | The Audit and Finance Committees review and discuss with management financial reporting from <br>the Chief Financial Officer, Compliance, and Internal Audit, as well as GM's external independent <br>auditor. These reports include updates on significant financial developments, financial policy, and <br>cost discipline measures.<br>|
| **Regulatory** | Each of the Committees has direct oversight of specific legal and regulatory risks related to GM's <br>business. The Company's full Board also receives regular updates on legal and regulatory <br>developments, including updates on legislative developments, government investigations, <br>litigation, and other legal proceedings.<br>|
| **Geopolitical** | Management addresses geopolitical risks, including conflicts and shifting trade policies, by <br>managing relationships with customers, employees, business partners, and stakeholders across <br>our supply chain. The Board oversees these efforts and receives regular updates regarding <br>ongoing implementation and reporting on significant issues and progress.<br>|
| **Supply Chain** <br>**Resiliency** <br>| The Board, along with support from the Committees, oversees aspects related to the Company's <br>supply chain, including material costs, logistics, and sustainability. <br>|

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **25** |

---

**Corporate Governance**

**Cybersecurity Risk Oversight**

In addition to the selected areas above, the Board has assigned its Risk and Cybersecurity Committee specific responsibility

for overseeing the Company's cybersecurity risks and related threats. Material risks from cybersecurity threats are

managed across GM and service providers such as data processors, third-party suppliers, dealers, and vendors, and

monitoring of such risks and threats is integrated into the Company's enterprise risk management program described above.

The Company's cybersecurity organization is led by the Company's Chief Information Security Officer ("CISO"), who is

responsible for assessing and managing material risks from cybersecurity threats and regularly reports to the Risk and

Cybersecurity Committee on these matters.

The Company's cybersecurity maturity scorecard, key cybersecurity threats, and significant incident information are

reviewed by the CISO, the Risk and Cybersecurity Committee, and the Cybersecurity Management Board during standing

meetings, as well as in special sessions, when appropriate. During the reviews, various topics are discussed, which

may include:

---

| | | | |
|:---|:---|:---|:---|
| ![02_GM_CorpGov_RiskPolicies.jpg](gm-20260420_g101.jpg)<br>| ![02_GM_CorpGov_Cybersecurity.jpg](gm-20260420_g102.jpg)<br>| ![02_GM_CorpGov_Intelligence.jpg](gm-20260420_g103.jpg)<br>| ![02_GM_CorpGov_ResourceAlloc.jpg](gm-20260420_g104.jpg)<br>|
| Implementation and <br>maturity of the <br>cybersecurity program <br>and cybersecurity <br>risk-management <br>framework, including <br>key cybersecurity <br>policies, standards, <br>procedures, and <br>governance<br>| Cybersecurity and <br>privacy risk, including <br>potential impacts to our <br>employees, customers, <br>supply chain, joint <br>ventures, and other <br>stakeholders<br>| Intelligence briefings on <br>notable cyber events <br>impacting the industry<br>| Cybersecurity budget <br>and resource allocation, <br>including industry <br>benchmarking and <br>scenario-based <br>economic modeling of <br>various cybersecurity <br>events<br>|

---

**Director Education Spotlight**<br>Throughout the year, the Board receives targeted educational briefings to support its oversight of the Company's <br>strategy and key risks. Over the past year, these briefings have included deep dives on notable cybersecurity threat <br>actor groups, their tactics, techniques, and procedures, and how those campaigns map to GM's security controls <br>and areas of residual risk. The Board has also received external presentations on emerging technologies such as <br>artificial intelligence, with a particular focus on the associated cybersecurity, privacy, and governance risks.<br>

**CEO Succession Planning**

Our Independent Lead Director oversees the CEO succession planning process, which includes the Board's discussion of

CEO succession planning at least annually. During this review, our CEO provides the Board with recommendations for, and

evaluations of, potential CEO successors and discusses developmental plans for these successors. Directors engage with

CEO candidates and senior management talent at Board and committee meetings and other forums to enable directors to

personally assess candidates. The Board reviews management succession planning in the ordinary course of business as well

as contingency planning in the event of an emergency or unanticipated event.

---

| | |
|:---|:---|
| **26** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Corporate Governance**

**Focus on Next-Generation Talent**<br>Throughout 2025, the Board met with Company executives during meetings and other events, demonstrating the <br>ongoing integration of talent management into Board oversight. These interactions are designed to expose the <br>Board to the next generation of leaders. For instance, the Board had dinner with new software hires in August 2025 <br>and lunch with high performers in December 2025.<br>

**Annual Evaluation of CEO**

Each year, the Board reviews the CEO's performance against her annual strategic goals. The non-management directors,

meeting separately in executive session, annually conduct a formal evaluation of the CEO, and the results are communicated

to the CEO by the Independent Lead Director and Compensation Committee Chair. The evaluation is based on both objective

and subjective criteria, including, but not limited to, the Company's financial performance, accomplishment of ongoing

initiatives in furtherance of the Company's long-term strategic objectives, and development of the Company's senior

management talent. The results of the evaluation are considered by the Compensation Committee in determining the

compensation of the CEO as further described in the "Compensation Discussion and Analysis" section beginning on page [42](#idd7ec7bd38b646a0a19839f0dfb7e9b4_100).

**Board Processes and Insights**

**Board and Committee Meetings and Attendance**

In 2025, the Board conducted seven meetings. In addition, the Board's committees held a combined 22 meetings throughout

the year. The average director attendance at Board and committee meetings was 99 percent. Each director standing for re-

election attended at least 92 percent of the total meetings of the Board and the respective committees on which they

served in 2025.

Directors are encouraged to attend our annual meetings of shareholders. All directors that stood for election in 2025

attended the 2025 annual meeting.

**Executive Sessions**

Independent directors have an opportunity to meet in executive session without management present as part of each

regularly scheduled Board and committee meeting. Executive sessions are chaired by our Independent Lead Director or the

respective committee chair.

During executive sessions of the Board, the independent directors may review CEO performance, compensation, and

succession planning; strategy; key enterprise risks; future Board agendas and the flow of information to directors; corporate

governance matters; and any other matters of importance to the Company raised during a meeting or otherwise presented

by the independent directors.

The non-management directors, all of whom are independent, met in executive session of the Board at each meeting in

2025, in addition to numerous executive sessions of the committees.

**Director Orientation and Continuing Education**

All new directors complete the Company's director orientation program within the first year of their election. The orientation

enables new directors to become familiar with the Company's business and strategic plans, significant financial matters,

core values and behaviors, compliance programs, corporate governance practices, and other key policies and practices. As

part of the orientation, they meet individually with the Board Chair and CEO, President, and other key members of the Senior

Leadership Team. They also attend a meeting of each Board committee at least once before being assigned to committees

by the Board.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **27** |

---

**Corporate Governance**

Continuing education opportunities are also provided to keep directors updated with information about the Company and its

strategy, operations and products, and other matters relevant to Board service. Board members are also encouraged to visit

GM facilities and dealers and attend auto shows and other key corporate and industry events to enhance their

understanding of the Company and its competitors. In addition, all directors are encouraged to attend, at our expense,

director continuing education programs sponsored by governance organizations and other institutions.

**Hands-On Director Education Opportunities**<br>•**Building On-Site Knowledge:** In June 2025, the Board participated in an on-site tour of the Autonomous <br>Robotics Center (ARC) in Warren, MI, a hub for developing end-to-end robotic solutions to advance automotive <br>manufacturing. Through live demonstrations led by senior Manufacturing Engineering leaders, directors gained <br>firsthand insight into emerging automation technologies, plant layout innovation, and evolving <br>production strategies.<br>•**Hearing Directly From Dealers:** The Board actively seeks feedback about every aspect of the business to <br>effectively drive strategy. In October 2025, the Board hosted 15 influential dealers from across the country to <br>provide their perspectives on the Company's performance and industry trends in partnership with key executives <br>supporting the dealership network. <br>

**Board and Committee Evaluations**

The Board's evaluation process is based on extensive benchmarking, engagement with shareholders, and internal discussion.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **1** |  | **2** |  | **3** |
| **1** |  | **2** |  | **3** |
| **1** |  | **2** |  | **3** |
| **Review of** <br>**Evaluation Forms**<br>The Governance <br>Committee annually <br>reviews the form and <br>process for Board <br>and committee <br>self-evaluations. | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **Self-Evaluation**<br>In 2025, the self-evaluation process for the Board and <br>its committees included:<br>•committee evaluations led by each committee chair;<br>•interviews between the Board Chair and CEO and <br>each director; and<br>•an executive session of the Board to review the <br>feedback received by the Board Chair and CEO. | ![02_GM_Arrow.jpg](gm-20260420_g93.jpg)<br>| **Gathering Feedback**<br>The Independent Lead <br>Director met in executive <br>session after each Board <br>meeting without the <br>Board Chair and CEO to <br>gather feedback from the <br>other non-employee <br>directors. |

---

The Board believes this process provides ample opportunity to provide feedback on Board, committee, and individual

director performance. The Board is committed to implementing feedback from its self-evaluations. Recent examples of

changes to practices include evolving the composition of the Board; conducting extensive reviews of the Company's

marketing, software, and digital strategies; focusing on supply chain sustainability and battery raw material costs; and

prioritizing Board meetings outside Company headquarters to increase interaction with employees and experience the

Company's transformation efforts.

---

| | |
|:---|:---|
| **28** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Corporate Governance**

**Corporate Governance Guidelines**

Our Corporate Governance Guidelines provide a transparent framework for the effective governance of the Company. They

address, among other things, the respective roles and responsibilities of the Board and management, the Board's leadership

structure, the responsibilities of the Independent Lead Director, director independence, Board membership criteria, Board

committees, and Board and CEO evaluations. The Governance Committee annually reviews the Corporate Governance

Guidelines and periodically recommends to the Board the adoption of amendments in response to changing regulations,

evolving best practices, and shareholder feedback. In 2025, to help ensure continuity of our Board while also balancing the

importance of refreshment, the Governance Committee recommended, and the Board approved, an amendment to our

Corporate Governance Guidelines that sets the non-employee director retirement age at 75 and adds a 20-year term limit,

unless otherwise determined by the Board, reflecting longer life expectancies and the broad view that age often brings

additional wisdom, experience, and sound judgment.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **29** |

---

**Corporate Governance**

**Shareholder Protections and Governance** 

## Best Practices
The Board is committed to governance structures and practices that protect shareholder value and important shareholder

rights. The Governance Committee regularly reviews these structures and practices and makes updates as appropriate.

Highlights of GM's governance structures include the following:

---

| | |
|:---|:---|
| **Independence**<br>•Ten out of 11 director nominees are independent<br>•Strong Independent Lead Director with clearly <br>delineated duties<br>•All standing Board committees, other than the <br>Executive Committee, composed entirely of <br>independent directors<br>•Regular executive sessions of independent <br>directors without management present<br>•Board and committees may hire outside advisors <br>independently of management <br>| **Best Practices**<br>•CEO and executive leadership succession planning<br>•Routine engagement with shareholders and other <br>key stakeholders<br>•Diversified Board in terms of experiences, skill <br>sets, and qualifications<br>•Strategy and risk oversight by full Board <br>and committees<br>•Stock ownership requirements for all senior <br>leaders and non-employee directors<br>•"Overboarding" limits for our directors<br>•Orientation program for new directors and <br>continuing education for all directors <br>|
| **Accountability**<br>•Annual election of all directors<br>•Annual election of Chair and, if CEO, Independent <br>Lead Director, by non-employee directors<br>•Majority voting for director elections with director <br>resignation policy (plurality voting in contested <br>elections)<br>•Annual Board and committee self-evaluations<br>•Annual evaluation of CEO (including <br>compensation) by independent directors<br>•Clawback policy that applies to our short- and <br>long-term incentive plans<br>•Oversight of political contributions and lobbying<br>•Comprehensive code of conduct, "Winning <br>with Integrity" <br>| **Shareholder Rights**<br>•Proxy access<br>•Shareholder right to call special meetings<br>•No poison pill or dual-class shares<br>•One-share, one-vote standard<br>|

---

---

| | |
|:---|:---|
| **30** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Corporate Governance**

**Related Party Transactions and Potential** 

**Conflicts of Interest**

Our Code of Conduct requires all of our employees and directors to avoid any activity that is in conflict with our business

interests. In addition, the Board has adopted a Related Party Transactions Policy regarding the review and approval of

related party transactions. Under the Related Party Transactions Policy, which is administered by our Governance

Committee, directors and executive officers must report any potential related party transactions on an annual basis

(including transactions involving immediate family members) to the Executive Vice President, Chief Legal & Public Policy

Officer, and Corporate Secretary to determine whether the transaction constitutes a related party transaction. If any

member of the Governance Committee has a potential interest in any related party transaction, such member is recused and

abstains from voting on the approval of the related party transaction.

For purposes of our Related Party Transactions Policy, a related party transaction includes transactions in which our

Company (or a subsidiary) is a participant, the amount involved exceeds $120,000, and the related party has or will have a

direct or indirect material interest. Related parties of our Company consist of directors (including nominees for election as

directors), executive officers, shareholders beneficially owning more than 5 percent of the Company's voting securities, and

the immediate family members of these individuals. Once a potential related party transaction has been identified, the

Governance Committee reviews all of the relevant facts and circumstances and approves or disapproves entry into the

transaction. As required under SEC rules, we disclose all related party transactions annually in our proxy statement. When a

transaction is ongoing, the transactions are reviewed annually for reasonableness and fairness to the Company.

**Factors Used in Assessing Related Party Transactions**

---

| | |
|:---|:---|
| •Whether the terms of the related party transaction <br>are fair to the Company and on the same basis as if <br>the transaction had occurred on an <br>arm's-length basis;<br>•Whether there are any compelling business <br>reasons for the Company to enter into the related <br>party transaction and the nature of alternative <br>transactions, if any;<br>•Whether grants or contributions made by the <br>Company under one of its grant programs are in <br>accordance with the Company's corporate <br>contribution guidelines;<br>| •Whether the related party transaction would impair the <br>independence of an otherwise independent <br>director; and<br>•Whether the related party transaction would present <br>an improper conflict of interest for any director or <br>executive officer of the Company, taking into account <br>the specific facts and circumstances of <br>such transaction.<br>|

---

**Related Party Transactions**

In 2025, three holders of 5 percent or more of the Company's common stock (BlackRock, Inc., State Street, and The

Vanguard Group) provided investment management services to Company-sponsored pension plans. In 2022, GM entered

into a real estate contract for design studio space in the United Kingdom that is owned by a subsidiary of BlackRock. The

contract value is under $5 million for the duration of the ten-year lease. In addition, in February 2025, the Company

completed the acquisition of all of the GM Cruise Holdings LLC common shares and Cruise Class F and Class G Preferred

Shares held by noncontrolling shareholders, which included approximately $1.2 million worth of shares owned by BlackRock.

The SEC has identified employment of immediate family members of directors and executive officers as per-se related party

transactions and subject to disclosure if the $120,000 threshold is met. In 2025, the daughter of Mark L. Reuss, our

President, was employed by General Motors in the Marketing organization and had total compensation in excess of

$120,000. Her compensation was comparable to other employees at a similar level.

**Compensation Committee Interlocks and Insider Participation**

Ms. Russo and Messrs. Bush, Jimenez, and Wenig serve on the Compensation Committee. As of the date of this Proxy

Statement, no member of the Compensation Committee was or is a GM officer or employee or has any relationship with the

Company requiring disclosure under Item 404 of Regulation S-K, and no executive officer of the Company served or serves

on a compensation committee (or equivalent) or board of any company that employed or employs any member of the

Company's Compensation Committee or Board.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **31** |

---

Non-Employee Director Compensation

Our non-employee directors receive cash compensation as well as equity compensation in the form of GM Deferred Share

Units ("DSUs") for their Board service under the Company's Director Compensation Plan. Compensation for our

non-employee directors is set annually by the Board at the recommendation of the Governance Committee.

**Guiding Principles**

• Fairly compensate directors for their responsibilities and time commitments.<br>•Attract and retain highly qualified directors by offering a compensation program consistent with those at <br>companies of similar size, scope, and complexity.<br>•Align the interests of directors with our shareholders by providing a significant portion of compensation in <br>equity-based awards and requiring directors to continue to own our common stock (or common stock <br>equivalents) throughout their tenure on the Board.<br>•Provide compensation that is simple and transparent to shareholders.<br>

**Annual Review Process**

The Governance Committee annually assesses the form and amount of non-employee director compensation and

recommends changes, if appropriate, to the Board. As part of its annual review in December 2025, the Governance

Committee benchmarked the current compensation structure against the executive compensation peer group described in

the "Peer Group for Compensation Benchmarking" section of this Proxy Statement. Based on this review, the

Governance Committee recommended, and the Board approved, an increase in non-employee director compensation,

effective as of January 1, 2026.

**Annual Compensation**

The 2025 and 2026 compensation for non-employee directors is described in the table below. The Independent Lead

Director and committee chairs receive additional compensation due to the increased workload and additional

responsibilities associated with these positions. In particular, Ms. Russo's compensation as Independent Lead Director

reflects the additional time commitment for this role, which includes, among other responsibilities, attending all committee

meetings and attending meetings with the Company's CEO. For additional information about the roles and responsibilities of

our Independent Lead Director, see "The Role of the Independent Lead Director" on page [18](#i1bca4ae78f874a2eb9208109f2c4f763_2294).

---

| | | |
|:---|:---|:---|
| **Compensation Element** | **2025**<br>**Structure**<br>**($)**<br>| **2026**<br>**Structure**<br>**($)**<br>|
| Board Retainer | 325000 | 340000 |
| Independent Lead Director Fee | 100000 | 100000 |
| Audit Committee Chair Fee | 35000 | 40000 |
| All Other Committee Chair Fees (Excluding the Executive Committee) | 25000 | 30000 |

---

---

| | |
|:---|:---|
| **32** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Non-Employee Director Compensation**

Non-employee directors are required to defer at least 60 percent of their annual Board retainer into DSUs under the

Director Compensation Plan. Directors may elect to defer their remaining Board retainer or amounts payable (if any) for

serving as a committee chair or Independent Lead Director into additional DSUs. The fees for a director who joins or leaves

the Board or assumes additional responsibilities during the year are prorated for the director's period of service.

**How Deferred Share Units Work**

Each DSU is equal in value to one share of GM common stock and is fully vested upon grant but does not have voting rights.

DSUs will not be available for disposition until after the director leaves the Board. Any portion of the retainer that is deferred

into DSUs may also earn dividend equivalents, which are credited at the end of each calendar year to each director's account

in the form of additional DSUs. All DSUs granted are rounded up to the nearest whole unit. After leaving the Board, the

director will receive a cash payment or payments based on the number of DSUs in the director's account valued at the

average daily closing market price for the quarter immediately preceding payment. Directors will be paid in a lump sum or in

annual installments for up to five years, based on their deferral elections.

DSUs granted are determined as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Amount of <br>compensation <br>required or elected <br>to be deferred each <br>calendar year into <br>DSUs<br>| + | Amount of dividend <br>equivalents earned <br>on DSUs during the <br>calendar year<br>| ÷ | Average daily <br>closing market <br>price of our <br>common stock for <br>the applicable <br>calendar year<br>| = | DSUs <br>Granted<br>|

---

**Director Stock Ownership and Holding Requirements**

• Each non-employee director is required to own our common stock or DSUs with a market value of at least <br>$650,000 and has up to five years from the date they are first elected to the Board to meet this <br>ownership requirement.<br>•Non-employee directors are prohibited from selling any GM securities or derivatives of GM securities, such as <br>DSUs, while they are members of the Board.<br>•Ownership guidelines are reviewed each year to confirm they continue to be effective in aligning the interests of <br>the Board and our shareholders.<br>

All of our non-employee directors are in compliance with our stock retention requirements.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **33** |

---

**Non-Employee Director Compensation**

**Other Compensation** 

We provide certain additional benefits to non-employee directors.

---

| | |
|:---|:---|
| **Type** | **Purpose** |
| **Company Vehicles** | We provide directors with the use of Company vehicles and electric vehicle charging stations <br>(including installation), to provide feedback on our products as well as enhance the public image of <br>our vehicles. Retired directors also receive the use of a Company vehicle for a period of time. <br>Participants are charged with imputed income based on the lease value of the vehicles and are <br>responsible for associated taxes.<br>|
| **Personal Accident** <br>**Insurance**<sup>(1)</sup><br>| We provide personal accident insurance coverage in the event of accidental death or <br>dismemberment. Directors are responsible for associated taxes on the imputed income from <br>the coverage.<br>|

---

<sup>(1)</sup> Ms. Barra, our sole employee director, does not receive additional compensation for her Board service other than the personal accident

insurance benefit described above, the value of which is reported for Ms. Barra in the Summary Compensation Table on page [62](#i3c04a6fdbc9d4372929e3081226ac45f_27471).

Non-employee directors are not eligible to participate in any of the savings or retirement programs available to our

employees. Other than as described in this section, there are no separate benefit plans for directors.

**2025 Non-Employee Director** 

**Compensation Table**

The table below shows the compensation that each non-employee director received for their 2025 Board and

committee service.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Director** | **Fees Earned or**<br>**Paid in Cash**<sup>(1)</sup><br>**($)**<br>| **Stock**<br>**Awards**<sup>(2)</sup><br>**($)**<br>| **All Other**<br>**Compensation**<sup>(3)</sup><br>**($)**<br>| **Total**<br>**($)**<br>|
| **Wesley G. Bush** | 160000 | 283725 | 42573 | 486298 |
| **Joanne C. Crevoiserat** | 130000 | 283725 | 25990 | 439715 |
| **Linda R. Gooden**<sup>(4)</sup> | 65000 | 121980 | 25870 | 212850 |
| **Joseph Jimenez** | 155000 | 283725 | 40740 | 479465 |
| **Alfred F. Kelly, Jr.** | 130000 | 283725 | 17532 | 431257 |
| **Jonathan McNeill** | 130000 | 283725 | 37448 | 451173 |
| **Judith A. Miscik** | 155000 | 283725 | 24053 | 462778 |
| **Patricia F. Russo** | 255000 | 283725 | 19615 | 558340 |
| **Thomas M. Schoewe**<sup>(5)</sup> | 82500 | 121980 | 38370 | 242850 |
| **Mark A. Tatum** | 130000 | 283725 | 45740 | 459465 |
| **Jan E. Tighe** | 130000 | 283725 | 45240 | 458965 |
| **Devin N. Wenig** | 142500 | 283725 | 37636 | 463861 |

---

<sup>(1)</sup> As described above, a director may elect to defer all or a portion of their annual cash retainer into DSUs. This column reflects director

compensation eligible to be paid in cash, which consists of 40 percent (for 2025) of the annual Board retainer and any applicable fees for

committee chairs and the Independent Lead Director. Each of the following directors elected to receive DSUs in lieu of such amounts

eligible to be paid in cash in the following amounts: Mr. Bush — $30,000; Ms. Crevoiserat — $130,000; Mr. Jimenez — $155,000; Mr. Kelly —

$130,000; Mr. McNeill — $65,000; Ms. Russo — $255,000; Ms. Tighe — $130,000; and Mr. Wenig — $142,500.

<sup>(2)</sup> Reflects aggregate grant date fair value of DSUs granted in 2025, which does not include any cash fees that directors voluntarily elected

to receive as DSUs. Grant date fair value is calculated by multiplying the number of DSUs granted by the closing price of GM common

stock on December 31, 2025, which was $81.32. The holders of DSUs may also receive dividend equivalents, which are reinvested

in additional DSUs based on the market price of the common stock on the date the dividends are paid.

---

| | |
|:---|:---|
| **34** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Non-Employee Director Compensation**

<sup>(3)</sup> The amounts included in the All Other Compensation column are described in the table below.

---

| | | | |
|:---|:---|:---|:---|
| **Director** | **Company**<br>**Vehicle**<br>**Program**<sup>(a)</sup><br>**($)**<br>| **Other**<sup>(b)</sup><br>**($)**<br>| **Total**<br>**($)**<br>|
| **Wesley G. Bush** | 42333 | 240 | 42573 |
| **Joanne C. Crevoiserat** | 25750 | 240 | 25990 |
| **Linda R. Gooden** <sup>(4)</sup> | 25750 | 120 | 25870 |
| **Joseph Jimenez** | 40500 | 240 | 40740 |
| **Alfred F. Kelly, Jr.** | 17292 | 240 | 17532 |
| **Jonathan McNeill** | 37208 | 240 | 37448 |
| **Judith A. Miscik** | 23813 | 240 | 24053 |
| **Patricia F. Russo** | 19375 | 240 | 19615 |
| **Thomas M. Schoewe**<sup>(5)</sup> | 38250 | 120 | 38370 |
| **Mark A. Tatum** | 45500 | 240 | 45740 |
| **Jan E. Tighe** | 45000 | 240 | 45240 |
| **Devin N. Wenig** | 37396 | 240 | 37636 |

---

<sup>(a)</sup>The Company Vehicle Program includes the estimated annual lease value of the Company vehicles driven by directors and if

applicable installation cost for an EV charger. For Company vehicles, we include the annual lease value, which is more reflective of the

value of the Company vehicle perquisite than the Company's incremental costs. Taxes related to imputed income are the

responsibility of the director.

<sup>(b)</sup>Reflects the cost of premiums for providing personal accident insurance (annual premium cost of $240 per person is prorated, as

applicable, for the period of service).

<sup>(4)</sup> Ms. Gooden retired from the Board on June 3, 2025.

<sup>(5)</sup> Mr. Schoewe retired from the Board on June 3, 2025.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **35** |

---

Audit Matters

ITEM 2<br>

**Proposal to Ratify the Selection of Ernst &** 

**Young LLP as the Company's Independent** 

**Registered Public Accounting Firm for 2026**

The Audit Committee is directly responsible for the appointment, compensation, retention, and oversight of the Company's

independent registered public accounting firm retained to audit the Company's consolidated financial statements and

internal control over financial reporting. The Audit Committee also oversees the rotation of the independent registered

public accounting firm's lead audit partner and is involved in the selection and approval of the lead audit partner. The lead

audit partner rotates every five years in accordance with regulatory requirements. The Audit Committee evaluates the

selection of the Company's independent auditors each year and determines whether to re-engage the current independent

auditors or consider other firms. Following this process, the Audit Committee made the determination to re-engage

Ernst & Young LLP ("EY") as the Company's independent auditors for the fiscal year ending December 31, 2026.

**Criteria for Re-Engaging EY.** EY has served as the Company's independent registered public accounting firm since 2017

when the Audit Committee selected the firm as part of a competitive and comprehensive request for proposal process.

Through this process, the Audit Committee evaluated firms based on several key factors, including audit quality, the benefits

of tenure versus fresh perspective, cultural fit and business acumen, innovation and technology, auditor independence, and

the appropriateness of fees relative to both efficiency and audit quality. These critical factors continue to drive the Audit

Committee's priorities with respect to the selection and retention of the Company's independent auditors. Based on its

annual review, the Audit Committee believes that the continued retention of EY as our independent auditors is in the best

interests of our shareholders.

**Shareholder Ratification of Our Selection of EY.** As a matter of good corporate governance, the Board submits the

selection of the independent auditors to our shareholders for ratification. If shareholders do not ratify the selection of EY,

the Audit Committee will reconsider whether to engage EY but may ultimately determine to engage EY or another audit firm

without resubmitting the matter to shareholders. Even if the shareholders ratify the selection of EY, the Audit Committee

may, in its sole discretion, terminate the engagement of EY and direct the appointment of another independent registered

public accounting firm at any time during the year, although it has no current intention to do so.

**We Expect EY to Attend Our Annual Meeting.** We expect that representatives of EY will be present at the Annual Meeting.

They will have an opportunity to make a statement if they desire and are expected to be available to respond to appropriate

questions from shareholders.

For additional information concerning the Audit Committee and its activities with EY, see the "Audit Committee

Report" below.

---

| | |
|:---|:---|
| ![02_GM_Stylesheet_Checkmark.jpg](gm-20260420_g38.jpg)<br>| The Board recommends a vote **FOR** the proposal to ratify the selection of Ernst & Young LLP <br>as the Company's independent registered public accounting firm for 2026.<br>|

---

---

| | |
|:---|:---|
| **36** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 2 Proposal to Ratify the Selection of Ernst & Young LLP as the Company's** 

**Independent Registered Public Accounting Firm for 2026**

**Audit Committee Report**

The Audit Committee of the Board of Directors of General Motors Company is a standing committee composed of five

independent directors: Wesley G. Bush (Chair), Joanne C. Crevoiserat, Alfred Kelly, Mark A. Tatum and Jan E. Tighe.

---

| | |
|:---|:---|
| **REASONS FOR SELECTION TO THE AUDIT** <br>**COMMITTEE**<br>When selecting directors to serve on the Audit <br>Committee, the Governance Committee and Board of <br>Directors consider, among other factors: independence, <br>financial literacy and expertise, and individual skills.<br>| **FINANCIAL LITERACY AND EXPERTISE**<br>The Board has determined that all members of the Audit <br>Committee meet heightened independence and <br>qualification criteria and are financially literate in <br>accordance with the NYSE Corporate Governance <br>Standards and SEC rules, and that Messrs. Bush and <br>Kelly, and Ms. Crevoiserat, are each qualified as an "audit <br>committee financial expert" as defined by the SEC.<br>|

---

**Purpose**

The Audit Committee's core purpose is to assist the Board by providing oversight of:

• The quality and integrity of GM's financial statements;

• The effectiveness of GM's financial reporting process and systems of disclosure controls and internal controls;

• The qualifications, performance, and independence of GM's external auditors and their audit process;

• The scope and performance of GM's internal audit function; and

• GM's policies and procedures regarding compliance, ethics, and legal risk, including the standards of business conduct as

embodied in GM's code of conduct.

The Audit Committee operates under a written charter adopted by the Audit Committee and approved by the Board of

Directors, which may be found on our website at <u>investor.gm.com/governanceandsustainability</u>. The Audit Committee

reviews its charter at least once annually and updates it as necessary to address changes in regulatory requirements,

authoritative guidance, evolving best practices, and shareholder feedback.

Management is responsible for the Company's internal control over financial reporting and the financial reporting process and

has delivered its opinion on the effectiveness of the Company's controls. EY, the Company's independent registered public

accounting firm, is responsible for performing an independent audit of the Company's consolidated financial statements and

opining on the effectiveness of internal control over financial reporting in accordance with the standards of the Public

Company Accounting Oversight Board (United States) (the "PCAOB") and issuing its reports thereon. As provided in its

charter, the Audit Committee's responsibilities include monitoring and overseeing these processes.

**Required Disclosures**

In 2025, the Audit Committee met eight times and fulfilled all of its core charter obligations. Consistent with its charter

responsibilities, the Audit Committee met and held discussions with management and EY regarding the Company's audited

financial statements and internal controls for the year ended December 31, 2025. In this context, management represented

to the Audit Committee that the Company's consolidated financial statements were prepared in accordance with accounting

principles generally accepted in the United States. The Audit Committee reviewed and discussed the consolidated financial

statements with management and EY and further discussed with EY the matters required by the PCAOB and the SEC. This

review included a discussion with management and EY of the quality, not merely the acceptability, of GM's accounting

principles, the reasonableness of significant estimates and judgments, and the clarity of disclosure in GM's financial

statements, including the disclosures related to critical accounting estimates and critical audit matters. EY also provided to

the Audit Committee the written communications and the letter as required by the applicable PCAOB standards concerning

independence, and the Audit Committee discussed with EY the auditor's independence. The Audit Committee also

considered and determined that the non-audit services provided to GM by EY were permissible under the applicable

independence rules. The Audit Committee concluded that EY was independent from the Company and management.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **37** |

---

**ITEM 2 Proposal to Ratify the Selection of Ernst & Young LLP as the Company's** 

**Independent Registered Public Accounting Firm for 2026**

For additional information about GM's policies and procedures related to the approval of EY's audit and non-audit services,

see "Policy for Approval of Audit and Permitted Non-Audit Services" on page [38](#idd7ec7bd38b646a0a19839f0dfb7e9b4_88).

**Recommendation**

Based upon the Audit Committee's discussions with management and EY as described in this report and the Audit

Committee's review of the representations of management and the reports of EY to the Audit Committee, the Audit

Committee recommended to the Board of Directors, and the Board of Directors approved, the inclusion of the audited

consolidated financial statements in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as

filed with the SEC on January 27, 2026.

---

| | |
|:---|:---|
| **Audit Committee** | **Audit Committee** |
| **Wesley G. Bush (Chair)**<br>**Joanne C. Crevoiserat** <br>**Alfred F. Kelly, Jr**<br>| **Mark A. Tatum**<br>**Jan E. Tighe**<br>|

---

*The preceding Audit Committee Report shall not be deemed incorporated by reference by any general statement incorporating* 

*by reference this Proxy Statement or any portion hereof into any filing under the Securities Act of 1933, as amended, or the* 

*Securities Exchange Act of 1934, as amended, and shall not otherwise be deemed filed thereunder.* 

## Fees Paid to Independent Registered Public
**Accounting Firm**

The following table summarizes the fees for professional services provided by EY for the annual audit of GM's consolidated

financial statements and internal control over financial reporting as of and for the years ended December 31, 2025 and

2024, together with the fees billed for other services rendered by EY during these periods. Amounts in the table below may

not sum due to rounding.

---

| | | |
|:---|:---|:---|
| **Type of Fees** | **2025**<br>**($ in millions)**<br>| **2024**<br>**($ in millions)**<br>|
| Audit | 27 | 25 |
| Audit-Related | 4 | 4 |
| Tax | 1 | 1 |
| Subtotal | 32 | 30 |
| All Other Services |  |  |
| TOTAL | 32 | 30 |

---

**Audit Fees** – Includes fees for the integrated audit of the Company's consolidated financial statements and internal control

over financial reporting, including reviews of the consolidated financial statements contained in the Company's Annual

Report on Form 10-K, the interim financial statements contained in the Company's Quarterly Reports on Form 10-Q, and

audits of statutory financial statements.

**Audit-Related Fees** – Includes fees for assurance and related services that are traditionally performed by the independent

registered public accounting firm. More specifically, these services include employee benefit plan audits, comfort letters in

connection with financing transactions, financial due diligence, other attestation services, and consultations concerning

financial accounting and reporting standards.

---

| | |
|:---|:---|
| **38** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 2 Proposal to Ratify the Selection of Ernst & Young LLP as the Company's** 

**Independent Registered Public Accounting Firm for 2026**

**Tax Fees** – Includes fees for tax compliance, tax planning, and tax advice. Tax compliance involves preparation of original

and amended tax returns and claims for refunds. Tax planning and tax advice encompass a diverse range of services,

including assistance with tax audits and appeals, tax advice related to mergers and acquisitions and employee benefit plans,

and requests for rulings or technical advice from taxing authorities.

**All Other Fees** – Includes fees for services that are not contained in the above categories and consists of permissible

advisory services.

**Policy for Approval of Audit and Permitted** 

**Non-Audit Services**

The services performed by EY in 2025 were pre-approved in accordance with the pre-approval policy and procedures

established by the Audit Committee. This policy requires that, prior to the provision of services by the auditor, the

Audit Committee will be presented, for consideration, with a description of the types of Audit-Related, Tax, and All Other

Services expected to be performed by the auditor during the fiscal year, with amounts budgeted for each category. Subject

to these pre-approved budgets, any requests for individual services falling within these categories for less than $1 million

may be approved by management, while any such requests for $1 million or more not specifically contemplated and

approved by the Audit Committee must be submitted to the Audit Committee Chair for pre-approval and must be reported

to the full Audit Committee at its next regularly scheduled meeting. Management must report actual spending for each

category to the full Audit Committee periodically throughout the year.

These services are actively monitored (both spending and work content) by the Audit Committee to maintain the

appropriate objectivity and independence in EY's core work, which is the annual audit of the Company's consolidated

financial statements and internal control over financial reporting. The Audit Committee determined that all services

provided by EY in 2025 were permissible under applicable independence rules.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **39** |

---

Executive Compensation

ITEM 3<br>

**Proposal to Approve, on an Advisory Basis,** 

**Named Executive Officer Compensation**

Executive compensation is an important matter for our shareholders. The Dodd-Frank Wall Street Reform and Consumer

Protection Act requires that we provide you with the opportunity to vote to approve, on a non-binding, advisory basis, the

compensation of our NEOs as disclosed in this Proxy Statement in accordance with the compensation disclosure rules of the

SEC (sometimes referred to as "Say-on-Pay"). The Board has adopted a policy providing for an annual Say-on-Pay

advisory vote.

The Compensation Committee has approved the compensation arrangements for our NEOs described in the Compensation

Discussion and Analysis section beginning on page [42](#idd7ec7bd38b646a0a19839f0dfb7e9b4_100) and the accompanying executive compensation tables beginning on

page [62](#idd7ec7bd38b646a0a19839f0dfb7e9b4_121). We urge you to read the Compensation Discussion and Analysis for a more complete understanding of our

executive compensation plans, including our compensation principles, our objectives, and the 2025 compensation of

our NEOs.

We are asking shareholders to vote in favor of the following resolution:

RESOLVED, that the compensation paid to the Company's named executive officers, as disclosed pursuant to Item 402 of

Regulation S-K, including the Compensation Discussion and Analysis, the executive compensation tables, and the related

narrative discussion, is hereby APPROVED.

Although the vote on this item is non-binding, the Board and the Compensation Committee value the opinions of our

shareholders and will consider the outcome of the vote when making future compensation decisions for NEOs.

---

| | |
|:---|:---|
| ![02_GM_Stylesheet_Checkmark.jpg](gm-20260420_g38.jpg)<br>| The Board recommends a vote **FOR** the advisory proposal to approve named executive <br>officer compensation.<br>|

---

---

| | |
|:---|:---|
| **40** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Letter From the Compensation Committee Chair**

**Dear Shareholders:** 

I'm pleased to be writing to you as the new Chair of GM's Compensation Committee. Having served on the Committee for

several years, I'm honored to have been selected to succeed Wes Bush as Chair. I'm committed to continuing our steadfast

focus on aligning our compensation program to our strategy to drive continued success for the Company and

its shareholders.

General Motors faced a challenging operating environment this past year, with a rapidly evolving trade and regulatory

environment that had significant impact on our industry, and slowing EV demand that resulted in overcapacity in the market.

As these dynamics emerged, we reassessed our manufacturing footprint and acted swiftly and decisively to adjust our

portfolio. At the same time, we continued to build industry-leading vehicles and delivered exceptional customer experiences.

This high level of execution contributed to strong shareholder returns both on an absolute basis and relative to our

automotive peers and other relevant benchmarks.

**Evolving Our Program**

Heading into the year, the Committee adopted a rigorous, formula-based approach to setting our 2025 performance-based

incentive targets, while anticipating market and regulatory uncertainty. To proactively manage the impact of these

significant variables, we approved a pre-determined list of potential adjustments to the STIP related to material trade and

regulatory changes. We also evolved our EV targets to increase the focus on improving EV profitability. For our long-term

incentive plan, our 2025-2027 PSUs will be measured entirely against relative performance metrics as our industry

navigates ongoing transformation, disruption, and regulatory changes.

Together, the targets we set for our 2025 compensation program were intended to incentivize management to navigate

uncertainty, continue to make great products that our customers love, and drive improved profitability. We believe that

these clear and challenging targets rewarded management for delivering results that are fully aligned with our shareholder

interests. We discuss this in more detail on page [92](#idd7ec7bd38b646a0a19839f0dfb7e9b4_139) below.

**2025 Performance and Pay Outcomes**

Thanks to the collective efforts of our team, and our compelling vehicle portfolio, the Company was able to deliver another

strong year of earnings and cash flow. We achieved strong U.S. vehicle sales, including a 48% year-over-year increase in

sales of our award-winning EVs, improved the time to market and quality of critical software launches, increased engineering

efficiency, and delivered positive vehicle launch performance.

The result of this was a strong year of value creation, achieving absolute TSR of over 50%. Collectively, these results led to

achievement of 118% of target on our short-term plan and payout of 162% of target on our 2023-2025 PSUs.

These results are a clear reflection of the successful efforts of an outstanding executive leadership team, led by our CEO

Mary Barra, who is driving our strategic transformation forward in this dynamic operating environment. For 2026, we

conducted a thorough assessment of Ms. Barra's target pay opportunity and approved an increase of 8.1% to her long-term

compensation opportunity (granted 75% in PSUs and 25% in RSUs), resulting in a modest increase of 6.2% in target total

compensation. This increase is commensurate with our strategy to reward and motivate performance and to offer market-

competitive compensation. We believe this adjustment in her target pay, entirely in long-term equity, is aligned with our

shareholders' interests while appropriately recognizing Ms. Barra's exceptional leadership.

**Ongoing Shareholder Engagement**

Our shareholders' perspectives continue to be an important input for the Committee. Following our successful 2025 Say on

Pay vote (which garnered the support of over 90% of our shareholders), we continued extensive shareholder engagement to

ensure we remain attuned to our investors. I was pleased to have discussions with many of our shareholders beginning in the

fall of 2025, alongside our Independent Lead Director, Pat Russo. From these conversations, the Committee understands

that investors support our program structure, its continued evolution with our business strategy, and our transparency in

explaining our compensation approach. We appreciate your input and look forward to ongoing discussion and feedback.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **41** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Looking Ahead**

This is an exciting time full of opportunities as General Motors continues to evolve its business. Our core business has always

been building great vehicles that customers love. Delivering on that promise means investing in the innovation and

technology that customers in 2026 expect and demand. To enable us to succeed, we must attract and retain technical talent

with skills in key areas such as software design and development, robotics and artificial intelligence. Building beautifully

designed, high-performing, and technology-forward vehicles has always been the Company's mission, and delivering that

mission means having a high-performing team with the right skills. In order to execute this talent strategy, we are asking

shareholders to approve an increase in the number of shares available for issuance under our 2020 Long-Term

Incentive Plan.

On behalf of the Compensation Committee, I appreciate your input and thank you for your ongoing engagement with

General Motors.

Sincerely,

---

| | |
|:---|:---|
| ![05_GM_Wenig.jpg](gm-20260420_g105.jpg) | ![05 439032-1_signatures_Devin Wenig.jpg](gm-20260420_g14.jpg)<br>|
| ![05_GM_Wenig.jpg](gm-20260420_g105.jpg) | **Devin N. Wenig** |

---

---

| | |
|:---|:---|
| **42** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Compensation Discussion and Analysis**

**Our Named Executive Officers**

---

| | | | |
|:---|:---|:---|:---|
| ![05_GM_Mary.jpg](gm-20260420_g23.jpg)<br>| **Mary T. Barra**<br>Chair and Chief <br>Executive Officer<br>| ![05_GM_JacobsonP.jpg](gm-20260420_g106.jpg)<br>| **Paul A. Jacobson**<br>Executive Vice <br>President and Chief <br>Financial Officer<br>|

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ![05_GM_ReussM.jpg](gm-20260420_g107.jpg)<br>| **Mark L. Reuss**<br>President<br>| ![05_GM_AndersonS.jpg](gm-20260420_g108.jpg)<br>| **Sterling J. Anderson**<br>Executive Vice <br>President, Global <br>Product and Chief <br>Product Officer<br>| ![05_GM_HarveyA.jpg](gm-20260420_g109.jpg)<br>| **Rory V. Harvey**<br>Executive Vice <br>President and <br>President, Global <br>Markets<br>|

---

**Table of Contents**

---

| | |
|:---|:---|
| **[Executive Summary](#idd7ec7bd38b646a0a19839f0dfb7e9b4_106)** | **[43](#idd7ec7bd38b646a0a19839f0dfb7e9b4_106)** |
| [Our Company Performance](#id2771a37e97e49db989439eef43a7e84_55354) | [43](#id2771a37e97e49db989439eef43a7e84_55354) |
| [2025 Financial Highlights](#id2771a37e97e49db989439eef43a7e84_7820) | [43](#id2771a37e97e49db989439eef43a7e84_7820) |
| [Shareholder Outreach](#id2771a37e97e49db989439eef43a7e84_34247) | [44](#id2771a37e97e49db989439eef43a7e84_34247) |
| [Key Updates for 2025](#id2771a37e97e49db989439eef43a7e84_34248) | [44](#id2771a37e97e49db989439eef43a7e84_34248) |
| [Compensation Principles](#id2771a37e97e49db989439eef43a7e84_7817) | [45](#id2771a37e97e49db989439eef43a7e84_7817) |
| [2025 Compensation Highlights](#id2771a37e97e49db989439eef43a7e84_55357) | [45](#id2771a37e97e49db989439eef43a7e84_55357) |
| [Compensation Governance Best Practices](#id2771a37e97e49db989439eef43a7e84_7819) | [47](#id2771a37e97e49db989439eef43a7e84_7819) |
| **[2025 NEO Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_109)** | **[48](#i59bda5dc18774d1a825a93e5241d0c7c_134636)** |
| [Target Compensation](#i59bda5dc18774d1a825a93e5241d0c7c_24760)  | [48](#i59bda5dc18774d1a825a93e5241d0c7c_24760) |
| [Salary](#i59bda5dc18774d1a825a93e5241d0c7c_24763) | [49](#i59bda5dc18774d1a825a93e5241d0c7c_24763) |
| [Short-Term Incentive Compensation](#i59bda5dc18774d1a825a93e5241d0c7c_24761) | [49](#i59bda5dc18774d1a825a93e5241d0c7c_24761) |
| [Long-Term Incentive Compensation](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1288) | [52](#idd7ec7bd38b646a0a19839f0dfb7e9b4_1288) |
| [Perquisites and Other Compensation](#i1b54c6fb319b4debba3b70452f80d31b_7790) | [54](#i1b54c6fb319b4debba3b70452f80d31b_7790) |

---

---

| | |
|:---|:---|
| **[Compensation Decision-Making Process](#idd7ec7bd38b646a0a19839f0dfb7e9b4_112)** | **[55](#idd7ec7bd38b646a0a19839f0dfb7e9b4_112)** |
| [Roles and Responsibilities](#i8fa8ef3eebc042f3a17897e2dc74b5d3_6196) | [55](#i8fa8ef3eebc042f3a17897e2dc74b5d3_6196) |
| [Peer Group](#i8fa8ef3eebc042f3a17897e2dc74b5d3_6197) | [56](#i8fa8ef3eebc042f3a17897e2dc74b5d3_6197) |
| [Compensation Risk Assessment](#i8fa8ef3eebc042f3a17897e2dc74b5d3_6199) | [58](#i8fa8ef3eebc042f3a17897e2dc74b5d3_6199) |
| **[Compensation Policies and Governance Practices](#idd7ec7bd38b646a0a19839f0dfb7e9b4_115)** | **[59](#idd7ec7bd38b646a0a19839f0dfb7e9b4_115)** |
| [Stock Ownership Requirements](#i548e3e6c4fde4b1ab563cf6effa4af3f_5989) | [59](#i548e3e6c4fde4b1ab563cf6effa4af3f_5989) |
| [Policy on Recoupment of Incentive Compensation](#i548e3e6c4fde4b1ab563cf6effa4af3f_5978) | [59](#i548e3e6c4fde4b1ab563cf6effa4af3f_5978) |
| [Trading GM Securities](#i548e3e6c4fde4b1ab563cf6effa4af3f_5990) | [60](#i548e3e6c4fde4b1ab563cf6effa4af3f_5990) |
| [Policies and Practices Related to Timing of](#i548e3e6c4fde4b1ab563cf6effa4af3f_5979)<br>[Equity Awards](#i548e3e6c4fde4b1ab563cf6effa4af3f_5979)<br>| [60](#i548e3e6c4fde4b1ab563cf6effa4af3f_5979) |
| [Tax Considerations](#i548e3e6c4fde4b1ab563cf6effa4af3f_5986) | [60](#i548e3e6c4fde4b1ab563cf6effa4af3f_5986) |
| [Employment and Termination Agreements](#i548e3e6c4fde4b1ab563cf6effa4af3f_5992) | [60](#i548e3e6c4fde4b1ab563cf6effa4af3f_5992) |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **43** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Executive Summary**

**Our Company Performance**

**Executing with Discipline to Drive Performance**

---

| | |
|:---|:---|
| ![02_GM_consistently delivering-apostrophe.jpg](gm-20260420_g110.jpg) |  |
| ![02_GM_consistently delivering-apostrophe.jpg](gm-20260420_g110.jpg) |  |
|  | **I'm proud of our global team, including our dealers and suppliers, for delivering an exceptional 2025 while** <br>**adapting to significant changes. Our multi-year foundation of product excellence, operating discipline, and** <br>**resilience sets GM apart, and I believe it will continue to fuel our strong momentum."** |
|  | - **Mary T. Barra, Chair and CEO** |

---

**GM has an unmatched portfolio driven by innovation**

---

| |
|:---|
| **Driving us forward** |
| GM delivered its fourth consecutive year of market <br>share growth.<br>|
| Consistently strong cash generation has allowed us to <br>execute all phases of our capital allocation program, <br>from investing in the business and our people, to <br>maintaining a strong balance sheet, and returning <br>capital to shareholders.<br>|
| In the last five years alone, we've invested $60B in <br>U.S. manufacturing, R&D, and talent.<br>|

---

---

| |
|:---|
| **Building great vehicles** |
| GM reached its highest U.S. market share since 2015 <br>and led the industry in overall loyalty to a <br>manufacturer for the 11th straight year.<br>|
| Our Chevrolet Trax, Chevy and GMC full-size SUVs, <br>Corvette and both Cadillac Blackwing sedans were <br>named to Car and Driver's 10Best list.<br>|
| Cadillac Escalade IQ won MotorTrend's SUV of the <br>Year award, with features winning individual honors in <br>the Best Tech awards.<br>|

---

**2025 Financial Highlights**

---

| |
|:---|
| **$185.0B**<br>Revenue<br>|
| **19.3%**<br>ROIC-adjusted<sup>(1)</sup><br>**$12.7B** <br>EBIT-adjusted<sup>(1)</sup><br>**6.9%**<br>EBIT-adjusted<sup>(1)</sup> Margin <br>**$10.60** <br>EPS-diluted-adjusted<sup>(1)</sup><br>|

---

<sup>(1)</sup> Non-GAAP financial measure. Refer to Appendix A for a reconciliation of Non-GAAP financial measures to their closest comparable

GAAP measure.

---

| | |
|:---|:---|
| **44** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Shareholder Outreach** 

As previously discussed in this Proxy Statement, shareholder feedback is an important input for our Board and

Compensation Committee as they evolve our executive compensation program to ensure continued alignment with our

business strategy and the interests of our senior leaders and shareholders. In 2025, we were pleased that support for our

executive compensation program significantly rebounded following a challenging 2024 Say on Pay vote. We believe this was

the result of positive changes we made to our program in consideration of our business strategy and input from

shareholders received during the extensive outreach we conducted following our 2024 Annual Meeting. The Company has

continued its robust engagement efforts to help provide shareholder voices in the Committee's decision-making process. As

part of that effort, our Independent Lead Director, Pat Russo, and Chair of our Executive Compensation Committee, Devin

Wenig, met with several of our shareholders to discuss executive compensation and other matters, and perspectives from

these conversations were shared with our full Board.

Below is a summary of feedback we received from our shareholders since the 2025 Annual Meeting:

---

| | |
|:---|:---|
| **Key Themes** | **Feedback** |
| **STIP Program Design** | •Support for continued alignment of metrics with the Company's strategic pillars, <br>including continued evolution of our EV metric<br>•Appreciation for improved transparency and objectivity of our compensation <br>metrics, including with respect to the Committee's goal-setting process<br>|
| **LTIP Program Design** | •Recognition for appropriateness of transitioning to fully relative metrics for our <br>2025-2027 PSU cycle given anticipated uncertain market environment for the <br>automotive industry<br>•Support for requiring above-median relative TSR performance to achieve target <br>payout on our PSUs<br>|
| **Target Rigor** | •Recognition of improved transparency for our rigorous approach to incorporating <br>market- and regulatory-related impacts into evaluation against our targets<br>|
| **Talent Evolution**  | •Encouragement to continue recruiting from new talent pools as the Company's <br>strategy evolves and focuses more on software and services, with the <br>understanding that this strategy may be associated with compensation <br>arrangements that may be larger and different in structure than our standard <br>compensation package<br>|

---

**Key Updates for 2025**

The Compensation Committee continually seeks to enhance our compensation program and undergoes its normal processes

for doing so on an annual basis. Conversations with stakeholders, including business leaders and Company shareholders (as

described above), serve as a valuable input to the Committee's ongoing process. Below is a summary of changes made to our

compensation programs for 2025 as a result of the Committee's internal evaluation and analysis and feedback received

from shareholders.

**STIP:** 

• To drive continued focus on our EV profitability journey, we evolved our prior 2024 EV goal (based on variable profit

margin) to a new goal based on EV variable cost percentage improvement.

• For 2025, we removed the potential for upward adjustment as part of our individual performance modifier.

**LTIP**:

• For our 2025-2027 PSU cycle, we transitioned to fully relative performance metrics, consisting of the new Relative

Operating Cash Flow as a Percentage of Revenue (30% weighting) and Relative EBIT-adj. Margin (30% weighting) metrics

and retaining relative TSR (40% weighting), to focus the Company on maximizing results while our industry navigates

transformation, disruption, and regulatory change.

• We increased the relative TSR percentile required for target payout within our PSUs to the 55th percentile of OEM peers

(instead of the 50th percentile).

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **45** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Compensation Principles**

The compensation provided to our executives is guided by pay-for-performance and the following principles:

---

| | | |
|:---|:---|:---|
| ![1_icon1.jpg](gm-20260420_g111.jpg) | **Align with**<br>**Shareholders**<br>| Compensation paid should align directly with the long-term interests of our <br>shareholders, and our executives should share with them in the performance and value <br>of our common stock.<br>|
| ![1_icon2.jpg](gm-20260420_g112.jpg) | **Enable Company**<br>**Strategy**<br>| Compensation should be based on rigorous Company performance and strategic goals, <br>which are within our executives' control, and reward performance aligned with GM's <br>strategy, values, and expected behaviors.<br>|
| ![1_icon3.jpg](gm-20260420_g113.jpg) | **Market-Competitive** | Target compensation should have an appropriate mix of short-term and long-term pay <br>elements and should be competitive with target compensation levels for comparable <br>individuals at peer group companies so that we can successfully attract, motivate, and <br>retain top-tier talent.<br>|
| ![1_icon4.jpg](gm-20260420_g114.jpg)<br>| **Avoid Excessive**<br>**Risk-Taking**<br>| Compensation structure should avoid incentivizing unnecessary and excessive <br>risk-taking.<br>|
| ![1_icon5.jpg](gm-20260420_g115.jpg)<br>| **Simple Design** | Compensation plans should be easy to understand and communicate and should <br>minimize unintended consequences.<br>|

---

**2025 Compensation Highlights**

Our incentive plans are designed to optimize long-term financial returns for our shareholders and reward our NEOs for

delivering on the Company's four key strategic pillars. The 2025 performance-based compensation structure incorporated

short-term and long-term incentives tied to financial and operational measures to drive Company performance for fiscal

year 2025 and beyond. The Compensation Committee believes a majority of the compensation opportunity should be in the

form of equity to align the interests of executives with those of shareholders and that equity awards should be heavily

weighted in favor of performance-based equity awards.

![03_PRO439032_PIE PAY MIX_CEO.jpg](gm-20260420_g36.jpg)

![03_PRO439032_PIE PAY MIX_NEO.jpg](gm-20260420_g37.jpg)

---

| | |
|:---|:---|
| **46** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Elements of Compensation** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Element** | **Purpose** | **Performance**<br>**Period**<br>| **Performance**<br>**Measures**<br>| **Potential**<br>**Payout**<br>**Range**<br>|
| **Salary** | Market-competitive salary reflects <br>contribution, experience, knowledge, <br>skills, and performance<br>|  |  |  |
| **STIP** | Annual cash incentive based on <br>achievement of Company financial <br>goals and goals linked to our <br>strategic pillars<br>| One Year<br>1/1/2025-<br>12/31/2025<br>| EBIT-adjusted (35%)<br>AAFCF (25%) <br>Strategic Pillars (EV, S&S, <br>AV) (40% collectively)<br>| 0%-200% |
| **PSUs** | Aligns leadership with long-term <br>Company goals and shareholder <br>interests, with a focus on Company cash <br>generation <br>| Three-Year<br>1/1/2025-<br>12/31/2027<br>| Relative TSR (40%) <br>Relative Operating Cash <br>Flow as a Percentage of <br>Revenue (30%) <br>Relative EBIT-adj <br>Margin (30%)<br>| 0%-200%<br>with cap<sup>(1)</sup><br>|
| **RSUs** | Promotes executive retention, stock <br>ownership and alignment with <br>shareholder interests<br>| Three-Year<br>Ratable Vesting<br>|  |  |

---

<sup>(1)</sup> Relative TSR component is capped at target payout if GM's absolute TSR is negative over the performance period.

**Summary of 2025 Performance-Based Compensation Outcomes**

The outcomes of the incentive plans that concluded in 2025 — the 2025 STIP and 2023-2025 LTIP — closely align with our

performance over their respective performance periods.

• **2025 STIP**: Our 2025 STIP Company performance payout of 118% of target reflected our continued strong execution,

including disciplined pricing, fixed-cost discipline and strategic realignment of our manufacturing footprint, all amid

significant regulatory and market headwinds that impacted EV demand. As a result, performance included above-target

EBIT-adjusted and above-target AAFCF performance, while EV Variable Cost Percentage Improvement performance was

below-target due to lower EV demand that impacted our ability to scale cost-effectively. We also exceeded our Software

& Services ("S&S") goals and successfully executed on our Autonomous Vehicle ("AV") goals.

• **2023-2025 LTIP PSUs:** For the 2023-2025 PSU portion of our LTIP, we outperformed on our three-year EBIT-adjusted

margin and relative TSR goals, with mixed results on our three EV goals, leading to a payout of 162% of target. These

results demonstrate that our strong financial and operating performance is translating into meaningful shareholder

returns, even as we face headwinds related to our EV portfolio.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **47** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Compensation Governance Best Practices**

---

| | |
|:---|:---|
| **WHAT WE DO** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Provide short-term and long-term incentive plans with ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>performance targets aligned to business goals<br>&nbsp;&nbsp;&nbsp;&nbsp;Maintain a Compensation Committee composed ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>entirely of independent directors who are advised by <br>an independent compensation consultant<br>&nbsp;&nbsp;&nbsp;&nbsp;Require stock ownership for all senior leaders to align ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>with the interests of our shareholders<br>&nbsp;&nbsp;&nbsp;&nbsp;Engage with shareholders and other stakeholders on ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>various topics with members of management and <br>directors, including our Compensation Committee and <br>our Independent Lead Director<br>&nbsp;&nbsp;&nbsp;&nbsp;Maintain an Insider Trading Policy requiring directors, ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>executive officers, and all other senior leaders to trade <br>only during pre-established periods after receiving <br>preclearance from the GM legal staff<br>| &nbsp;&nbsp;&nbsp;&nbsp;Require equity awards to have double-trigger (change ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>in control and termination of employment) <br>vesting provisions; no single-trigger vesting provisions<br>&nbsp;&nbsp;&nbsp;&nbsp;Complete an annual risk review evaluating incentive ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>compensation plans<br>&nbsp;&nbsp;&nbsp;&nbsp;Require short-term cash and long-term equity awards ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>for all executive officers to be subject to clawback and <br>cancellation provisions<br>&nbsp;&nbsp;&nbsp;&nbsp;Conduct an annual audit of senior executive ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>expenses and perquisites that is reviewed by the <br>Audit Committee<br>&nbsp;&nbsp;&nbsp;&nbsp;Include non-compete and non-solicitation terms in ![02_GM_check.jpg](gm-20260420_g116.jpg)<br>all grant agreements with senior leaders, <br>where enforceable<br>|

---

---

| | |
|:---|:---|
| **WHAT WE DON'T DO** | **WHAT WE DON'T DO** |
| Provide gross-up payments to cover personal income ![02_GM_Stylesheet_Crossmark.jpg](gm-20260420_g117.jpg)<br>taxes or excise taxes pertaining to executive <br>severance benefits<br> Pay above-market interest on deferred compensation ![02_GM_Stylesheet_Crossmark.jpg](gm-20260420_g117.jpg)<br>in retirement plans<br> Allow any director or employee to engage in hedging ![02_GM_Stylesheet_Crossmark.jpg](gm-20260420_g117.jpg)<br>or pledging of GM securities<br>| Reward executives for excessive, imprudent, ![02_GM_Stylesheet_Crossmark.jpg](gm-20260420_g117.jpg)<br>inappropriate, or unnecessary risk-taking<br> Allow the repricing, spring-loading, or backdating of ![02_GM_Stylesheet_Crossmark.jpg](gm-20260420_g117.jpg)<br>equity awards<br>|

---

---

| | |
|:---|:---|
| **48** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**2025 NEO Compensation**

**Target Compensation**

Target compensation for each of our NEOs comprises an appropriate mix of short-term and long-term pay elements and is

intended to be competitive with that paid to comparable individuals at peer group companies so that GM can attract,

motivate, and retain talent. Each element, and total direct compensation as a whole, is determined starting with reference to

competitive market data, and is based on an executive's current compensation, tenure, performance, position and

responsibilities. For 2025, the Compensation Committee conducted a thorough assessment of Ms. Barra's pay opportunity

and approved a modest increase to her target compensation, to be fully delivered in long-term equity (75% PSUs, 25%

RSUs). This increase is commensurate with our strategy to reward and motivate performance and to offer market-

competitive compensation and is the first increase to her target compensation since 2022. As part of the assessment, the

Committee also determined to modestly increase the target LTIP for each of Messrs. Jacobson and Reuss.

Our total target direct compensation for each NEO in 2025 was as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Base**<br>**Salary**<br>**($)** |  | **STIP**<br>**($)** | **Total Target** <br>**Cash**<br>**Compensation**<br>**($)** | **LTIP** | **LTIP** | **Total Target** <br>**Direct**<br>**Compensation**<br>**($)** |
| **Name** | **Base**<br>**Salary**<br>**($)** | **STIP**<br>**(%)**<br>| **STIP**<br>**($)** | **Total Target** <br>**Cash**<br>**Compensation**<br>**($)** | **PSUs**<sup>(1)</sup><br>**($)**<br>| **RSUs**<br>**($)**<br>| **Total Target** <br>**Direct**<br>**Compensation**<br>**($)** |
| **Mary T. Barra** | 2100000 | 200% | 4200000 | 6300000 | 15750000 | 5250000 | 27300000 |
| **Paul A. Jacobson** | 1200000 | 125% | 1500000 | 2700000 | 7725000 | 2575000 | 13000000 |
| **Mark L. Reuss** | 1350000 | 125% | 1687500 | 3037500 | 10846875 | 3615625 | 17500000 |
| **Sterling J. Anderson**<sup>(2)</sup> | 1000000 | 125% | 1250000 | 2250000 | 10312500 | 3437500 | 16000000 |
| **Rory V. Harvey** | 850000 | 125% | 1062500 | 1912500 | 5315625 | 1771875 | 9000000 |

---

<sup>(1)</sup> The number of PSUs awarded is determined by using the target PSU value divided by the closing stock price on the date of grant.

<sup>(2)</sup> The above represents 2025 target compensation as approved by the Compensation Committee. As discussed below, Mr. Anderson's new

hire package also included one-time awards totaling $24,000,000.

**Additional Background on New NEO Hire**

In May 2025, we announced the appointment of Sterling Anderson as Executive VP, Global Product, and

Chief Product Officer, a new role at GM. Mr. Anderson joined GM from autonomous trucking company Aurora, which he co-

founded and served as Chief Product Officer of since its formation in 2017, and as a director of since 2018. In his role at GM,

Mr. Anderson's responsibilities are significant and include overseeing the end-to-end product lifecycle for both gas- and

electric-powered vehicles, including hardware, software, services, and user experience, across the entire organization. The

Compensation Committee structured a compensation package for Mr. Anderson that it believed was necessary and

appropriate to recruit him to GM from his prior company where he had an influential leadership role and a significant equity

interest. The Committee also sought to ensure that this package offered a competitive and attractive opportunity relative to

other possible opportunities he had in the technology industry.

Upon his hiring, the Committee approved the 2025 target compensation of $16,000,000 detailed in the table above. To

create the opportunity to achieve this target compensation on an annualized basis, the Committee designed new-hire

awards which are primarily multi-year awards and include a mix of award types with both time- and performance-based

components whose value could be realized across a range of near- and longer-term time horizons. The Committee's intent

with the design was to create an attractive and balanced new-hire package that has a strong incentive value while also

aligning with our pay-for-performance philosophy to put a meaningful portion of pay at risk. These new-hire awards totaling

$24,000,000 include:

• $3,000,000 in a performance cash award intended to motivate and recognize near-term success in a role that is new at

GM with substantial responsibilities. This award vested on December 15, 2025, based on key performance indicators used

to assess Mr. Anderson's performance in his first six months with GM;

• $10,000,000 in RSUs that vest 50% on July, 29, 2026, and 50% on July 29, 2027, subject to his continued

employment; and

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **49** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

• $11,000,000 in PSUs that will vest, if earned, on February 6, 2027, subject to his continued employment. The metrics

underlying the PSU award are Cumulative Automotive Operating Cash Flow-adjusted (two thirds) and EBIT-adjusted

Margin (one third), which were the same as those included in the 2024 PSUs granted to our NEOs.

Going forward, the Committee anticipates that Mr. Anderson's compensation will consist of a base salary and short- and

long-term incentive opportunities commensurate with his position, consistent with the compensation structure for our other

NEOs. The Committee believes this is an important investment in GM's competitiveness and ability to continue creating

superior, technology-forward vehicles, and to advancing our strategy to generate long-term growth and returns

for shareholders.

**Salary**

While a substantial portion of our NEOs' compensation is at risk in the form of equity awards and incentives, which are

contingent on the achievement of certain Company financial and strategic goals, we aim to provide salaries to our

executives at a competitive level of fixed cash compensation. Each NEO's salary takes into account competitive market

data in addition to the executive's experience, skills, tenure and performance in role, as well as the assumption of any

expanded responsibilities.

**Short-Term Incentive Compensation**

**2025 STIP Performance Measures**

STIP performance measures are linked to the Company's annual financial goals and strategic goals that drive our long-term

strategy. The Compensation Committee annually reviews and approves STIP performance measures that align with our

shareholders' interests.

Further information on metric selection and target-setting is provided below.

---

| | | |
|:---|:---|:---|
| **2025 STIP Performance Measure** | **Weight** | **Leadership Behaviors** |
| EBIT-adjusted ($B)<sup>(1)</sup> | 35% | Focus on operating results and driving strong profitability |
| AAFCF ($B)<sup>(1)</sup> | 25% | Focus on driving strong cash flow to invest in the business and <br>returning capital to shareholders<br>|
| **New EV Measure for 2025**<sup>(2)</sup>: <br>EV Variable Cost Percentage <br>Improvement<br>| 25% | Offer a high-quality EV portfolio guided by customer demand that <br>achieves increasing profitability<br>|
| S&S | 10% | Deliver vehicles with high-quality software to create compelling <br>customer experiences<br>|
| AV Strategy | 5% | Develop safe driver-assistance and autonomous technology for <br>personal vehicles<br>|
| Safety | +/-5ppts | Foster a culture that emphasizes workplace and product safety |

---

<sup>(1)</sup> For a description of how our non-GAAP measures are calculated, including EBIT-adjusted and AAFCF, see Appendix A.

<sup>(2)</sup> EV Variable Cost Percentage Improvement replaces the prior EV measure of Q4 EV Variable Profit margin.

The final STIP payout may not exceed 200% of target.

**EV Variable Cost Percentage Improvement**

For 2025, we continued to focus on our EV profitability journey and refined our EV metric in our STIP to measure EV

Variable Cost Percentage Improvement, with a 25% weighting (which was unchanged from the prior year). The Committee

determined this measure effectively reflects our transformation strategy and EV market dynamics. Payout against this goal

is capped at 100% unless GM's EV Variable Profit Margin exceeds 2%.

---

| | |
|:---|:---|
| **50** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**How We Set STIP Performance Targets**

The Compensation Committee approves the performance measures for the STIP annually with the objective of driving

strong operational, financial, and strategic performance. The Committee's rigorous process starts with an evaluation of the

Company's annual budget and long-term business plan, which takes into account a wide range of internal and external

information on macroeconomic, regulatory and market conditions, demand expectations, competitive landscape, supply

chain dynamics, and other factors that may influence execution on our strategic priorities and overall performance. The

Committee reviews recommendations from management and receives input from its independent compensation consultant.

This comprehensive process results in rigorous targets that motivate leadership to strive for a high degree of performance

on balance with prudent risk-taking.

As discussed below, the Committee pre-defined certain potential adjustments to our annual performance results to account

for the significant unpredictability at the beginning of 2025 with regard to evolving trade policy and how regulatory

developments could impact EV demand and our financial results. These adjustments are described in Appendix A and are in

addition to our customary adjustments, which are consistent with prior practice.

The following describes specific 2025 goals and comparability versus 2024 targets where relevant.

• **EBIT-adjusted:** 2025 target set at $14.7B-$14.9B in alignment with the approved 2025 budget, which was set

aggressively in the context of higher labor costs and a more challenging macroeconomic landscape.

–The lower end of the range is aligned to our 2025 budget, and the upper end is aligned to our record 2024 result.

Accordingly, participants could earn a target level of payout on this measure if we met our aggressive 2025 budget,

but could not earn an above-target payout unless we had outperformed our 2024 results.

• **AAFCF:** 2025 target set at $12.0B in alignment with the approved 2025 budget, which is also our record 2024 AAFCF

performance of $14.0B after removing the favorable impact of the one-time $2.0B wind-down in working capital.

• **EV Variable Cost Percentage Improvement:** Target set at 10% improvement for target performance in alignment with

the approved 2025 budget and represents improvement on carry-over products.

• **S&S Vehicle Software Released On-Time and with Quality:** The Committee set the target for this metric as launching

software clones in alignment with our vehicle launch standard and improving the percentage of software clones released

on time. There are quantitative targets established to achieve threshold, target, and maximum performance payouts,

which the Committee determined not to specifically disclose as this information is commercially sensitive. The Committee

believes this is a rigorous target given the significant complexity of the software development and deployment process.

–2025 target performance levels exceed both last year's target and our 2024 results and ensure we are accountable to

meet launch timelines.

• **AV Strategy:** The target for this metric evaluates performance across two critical measures related to Super Cruise

revenue percentage improvement and progressing driver assistance technology.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **51** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**2025 STIP Results**

Our 2025 STIP Company performance payout of 118% of target reflected our continued strong execution, including

disciplined pricing, fixed-cost discipline and strategic realignment of our manufacturing footprint, all amid significant

regulatory and market headwinds that impacted EV demand. As a result, performance included above-target EBIT-adjusted

and above-target AAFCF performance, while EV Variable Cost Percentage Improvement performance was below-target due

to lower EV demand that impacted our ability to scale cost-effectively. We also exceeded our S&S goals and successfully

executed on our AV goals. The Company's 2025 financial results and key business highlights are detailed in the "Our

Company Performance" section on page [43](#id2771a37e97e49db989439eef43a7e84_55354).

**2025 Tariff and Regulatory Impacts and Mitigation**

***Pre-Defined Adjustments***

As noted above, the Committee was focused on continuing to set targets that were quantitative and rigorous while also

considering the impact of tariff and regulatory shifts that were anticipated. The Committee decided that pre-defining these

potential adjustments, rather than applying discretion at the end of the 2025 STIP performance period, would be optimal to

retain the formula-based approach to our STIP. Importantly, this approach established an outlook for the range of potential

policy change impacts on the business (both positive and negative) and encouraged our leadership team to pursue active

and deliberate actions to respond to these impacts where possible to serve the best interests of the Company and our

shareholders. As part of this approach, at the end of the performance period, the Committee planned to evaluate

the ultimate tariff impact and management's actions to mitigate these impacts in determining how to apply pre-

defined adjustments.

The Committee's pre-approved potential adjustments to the financial results for calculating STIP performance were based

on factors known at the time but whose actual impacts were not predictable. These factors included the direct cost of new

2025 tariffs measured across materials, components, raw materials, and vehicles; impacts from elimination or reduction of

Inflation Reduction Act ("IRA") Cell and Module Credits; and impacts from elimination of IRA Consumer Tax Credit and

reduced stringency to GHG/CAFE ("Corporate Average Fuel Economy") regulatory requirements. See Appendix A for

additional details of the application and impact of these adjustments.

***Management's Advocacy and Mitigation Efforts***

Our exposure to tariffs for 2025 was initially projected in May to have a gross impact of $4.0B-5.0B. Our leadership team

undertook significant efforts to shift production and alter supply chains, as well as actively engage with policymakers, to

reduce the immediate financial impact of tariffs on the business as much as possible. As a result of these extraordinary

efforts, management meaningfully mitigated the impact of tariffs, reducing the impact to approximately $3.1B. The

Committee believes that our leadership team's actions were significantly beneficial to our shareholders, including as

reflected in the Company's strong stock price performance for the year. As a result, in evaluating these outcomes at the end

of the year, the Committee determined that it was appropriate to incorporate certain tariff-related adjustments into our

2025 EBIT-adjusted and AAFCF performance results based on the Committee's pre-approved set of adjustments. See

Appendix A for additional details of the application and impact of these adjustments.

**2025 EV Impairments and Special Charges**

As part of our long-term strategy, management has consistently invested to develop and manufacture award-winning EVs

that we deliver cost-effectively to meet consumer demand. In establishing this strategy, our approach reflected the

regulatory environment in which we were operating and developed around meeting rising consumer demand at that time.

However, following certain recent U.S. government policy changes, including the termination of certain consumer tax

incentives for EV purchases and the reduction in the stringency of emissions regulations, the Company anticipated demand

for EVs would slow, and as a result took steps to reassess our EV capacity and manufacturing footprint. These policy

changes and the steps we took in response led the Audit Committee to approve impairments and related charges of $7.9B.

These charges are treated as special and are excluded from the EBIT-adjusted value as reported in our 2025 Form 10-K.

For the purposes of our 2025 EBIT-adjusted results for our STIP, the Committee believed that the financial impacts of the

dynamic policy changes, which were outside of management's direct control, should not unduly penalize management's

multi-year efforts to advance our long-term EV strategy. Moreover, the Committee believes it is important that the Company

continue to be well-positioned to succeed in the event that the demand environment for EVs accelerates.

---

| | |
|:---|:---|
| **52** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

At the same time, the Committee determined that it would not be appropriate to reward management for any regulatory

changes that had a positive financial effect on the Company's results during the year. As a result, of the total EV charge

recognized in 2025, the Committee excluded $0.8B from the EBIT-adjusted performance result under the STIP as that

amount related to EV capacity and footprint actions that drove performance improvements in 2025. The Committee also

approved customary adjustments consistent with prior years, as described in our 2025 Form 10-K and Appendix A.

Final 2025 STIP performance approved by the Compensation Committee is shown below.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **STIP Measure** | **Weight** | **Threshold**<br>**25%**<br>| **Target**<br>**100%**<br>| **Maximum**<br>**200%**<br>| **Performance**<br>**Result**<br>| **Payout** |
| EBIT-adjusted ($B)<sup>(1)</sup> | 35% | $8.8 | $14.7 - $14.9 | $16.9 | $15.0 | 37% |
| AAFCF ($B)<sup>(1)</sup> | 25% | $6.1 | $12.0 | $14.2 | $14.4 | 50% |
| EV Variable Cost Percentage <br>Improvement<sup>(2)</sup><br>| 25% | 5% | 10% | 15% | 5% | 6% |
| S&S Goal | 10% | Vehicle software released on-time and <br>with quality | Vehicle software released on-time and <br>with quality | Vehicle software released on-time and <br>with quality | Above target | 16% |
| AV Strategy | 5% | Super Cruise Revenue Percentage Improvement <br>and driver assistance technology goals, <br>equally weighted  | Super Cruise Revenue Percentage Improvement <br>and driver assistance technology goals, <br>equally weighted  | Super Cruise Revenue Percentage Improvement <br>and driver assistance technology goals, <br>equally weighted  | 2 of 2 goals <br>achieved<br>| 5% |
| Safety Performance | Modifier | Potential to adjust +/- 5 ppts based on safety results | Potential to adjust +/- 5 ppts based on safety results | Potential to adjust +/- 5 ppts based on safety results | Potential to adjust +/- 5 ppts based on safety results | 4% |
| **Performance Payout** | **118% of Target** | **118% of Target** | **118% of Target** | **118% of Target** | **118% of Target** | **118% of Target** |

---

<sup>(1)</sup> For a description of how our non-GAAP measures are calculated, including EBIT-adjusted and AAFCF, see Appendix A.

<sup>(2)</sup> For purposes of this measure, variable cost is defined as material cost plus (i) logistics (excluding fuel) and warranty cost and (ii) variable

manufacturing and other direct selling costs, adjusted for volume and mix versus budget.

**Final STIP Payout Results**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name** | **Base**<br>**Salary**<br>**($)**<br>| **x** | **Target**<br>**STIP**<br>| **Company**<br>**Performance**<br>| **Final STIP Payout** <br>**($)**<br>|
| **Mary T. Barra** | 2100000 |  | 200% | 118% | 4956000 |
| **Paul A. Jacobson** | 1200000 |  | 125% | 118% | 1770000 |
| **Mark L. Reuss** | 1350000 |  | 125% | 118% | 1991300 |
| **Sterling J. Anderson** | 1000000 |  | 125% | 118% | 1475000 |
| **Rory V. Harvey** | 850000 |  | 125% | 118% | 1253800 |

---

**Long-Term Incentive Compensation**

**Overview of Pay Mix**

Grants made under the LTIP are intended to link the financial interests of NEOs with the long-term interests of shareholders.

When determining grant amounts, the Compensation Committee considers factors such as individual responsibilities,

experience, and performance. In addition, the Committee considers relevant market compensation comparison data and

input provided by its independent compensation consultant. The structure includes a targeted allocation of 75% PSUs and

25% RSUs. PSUs cliff-vest following a three-year performance period based on the achievement of performance goals and

are capped at 200% of target, and RSUs vest ratably over three years.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **53** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**2025–2027 LTIP Performance Measures**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PSU Performance Measure** | **Weight** | **Threshold** <br>**(50% payout)**<br>| **Target**<br>**(100% payout)**<br>| **Maximum** <br>**(200% payout)**<br>| **Leadership Behaviors** |
| Relative TSR<sup>(1)</sup> | 40% | 25th <br>Percentile<br>| 55th <br>Percentile<br>| 75th <br>Percentile <br>and above<br>| Focus on delivering shareholder <br>returns that outperform our <br>OEM peer group<br>|
| **REFINED vs. 2024**<sup>(2)</sup>: Relative <br>Operating Cash Flow as a <br>Percentage of Revenue "OCF"<br>| 30% | 25th <br>Percentile<br>| 55th <br>Percentile<br>| 75th <br>Percentile <br>and above<br>| Drive focus on cash generation <br>during this critical period <br>of transformation<br>|
| **REFINED vs. 2024**<sup>(2)</sup>: Relative <br>EBIT-adjusted Margin<br>| 30% | 25th <br>Percentile<br>| 55th <br>Percentile<br>| 75th <br>Percentile <br>and above<br>| Focus on pursuing profitable <br>growth opportunities and driving <br>higher margins on existing <br>revenue bases<br>|

---

<sup>(1)</sup> Relative TSR component is capped at target if GM's absolute TSR is negative over the performance period.

<sup>(2)</sup> These measures have been refined for the 2025-2027 PSUs to be entirely relative.

The 2025–2027 PSUs vest and settle following the completion of the three-year performance period beginning

January 1, 2025, and can be earned at a level between 0 and 200 percent of target.

**How We Set LTIP Performance Targets**

In prior years, our Compensation Committee set target levels for performance measures with absolute targets based on an

evaluation of the Company's annual budget and long-term business plan and a review of the prior year performance, as well

as internal and external information on macroeconomic, regulatory and market conditions, demand expectations, the

competitive landscape, supply chain dynamics, and other factors that may influence execution on our strategic priorities and

overall performance. For the 2025-2027 PSUs, all three PSU performance measures will be entirely assessed based on

performance relative to our OEM peers, with payouts earned as shown above.

To strengthen the link between financial performance and pay outcomes, the payout on the Relative TSR component of our

PSUs is capped at target if GM's absolute TSR is negative over the performance period. Additionally, for 2025, the

Committee increased the relative TSR percentile required for target payout to the 55th percentile of OEM peers (from the

50th percentile), based on feedback received from shareholders.

**2023-2025 LTIP Results**

The 2023-2025 PSUs vested on February 7, 2026, at 162% of target, based on Company performance for the three-year

performance period beginning January 1, 2023, and ending December 31, 2025, against pre-established performance

targets for EBIT-adjusted Margin, Relative TSR, and EV measures. Final LTIP performance approved by the Compensation

Committee is shown below.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **PSU Measure** | **Weight** | **Threshold** | **Target** | **Maximum** | **Performance**<br>**Result**<br>| **Payout** |
| EBIT-adjusted Margin<sup>(1)</sup> | 40% | 3.8% | 6.0% | 7.0% | 7.4% | 80% |
| Relative TSR | 40% | 25<sup>th</sup> | 50<sup>th</sup> | 75<sup>th</sup> | 94<sup>th</sup> Percentile | 80% |
| Relative TSR | 40% | Percentile | Percentile | Percentile | 94<sup>th</sup> Percentile | 80% |
| EV Measures<sup>(2)</sup> | 20% | <sup>(2)</sup> | <sup>(2)</sup> | <sup>(2)</sup> | Below target | 2% |
| **Performance Payout** |  |  |  |  |  | **162% of Target** |

---

<sup>(1)</sup> Measure adjusted for incentive purposes. For a description of how EBIT-adjusted Margin is calculated, see Appendix A.

<sup>(2)</sup> EV Measures are comprised of quantitative GMNA EV Volume, GMNA EV Launch Timing, and GMNA EV Launch Quality. The Committee

has determined not to publicly disclose specific performance targets and payout results for these measures, as information regarding our

EV strategy is commercially sensitive and disclosure could be competitively harmful. Performance against these measures was evaluated

based on quantitative criteria established at the beginning of the performance period.

---

| | |
|:---|:---|
| **54** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Summary of Equity Performance Awards**

Each PSU award features a three-year performance period, resulting in overlapping awards that, in aggregate, cover a

five-year period. The potential payout for each PSU award ranges from 0 to 200 percent. The table below illustrates the

performance period for the three outstanding PSU awards as of 2025 fiscal year end, and the corresponding performance

measures and weights.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Award** | **Performance Period** | **Performance Measures**<br>**and Weights**<br>| **Vest Date** | **Vest Date** | **Vest Date** |
|  |  |  | 2026 | 2027 | 2028 |
| 2023-2025<br>PSUs<br>| 3 Years<br>1/1/2023 to<br>12/31/2025 | 40% EBIT-adj Margin<br>40% Relative TSR<br>20% EV Measures<sup>(2)</sup><br>0-200% with<br>Payout Cap<sup>(3)</sup><br>| 2/7/2026<br>(162% payout) |  |  |
| 2024-2026<br>PSUs<br>| 3 Years<br>1/1/2024 to<br>12/31/2026 | 40% Cumulative AAOCF<br>40% Relative TSR<br>20% EBIT-adj Margin<br>0-200% with<br>Payout Cap<sup>(3)</sup><br>| 2/6/2027 | 2/6/2027 |  |
| 2025-2027<br>PSUs<br>| 3 Years<br>1/1/2025 to<br>12/31/2027<br>| 40% Relative TSR<br>30% Relative Operating <br>Cash Flow as a <br>Percentage of Revenue<br>30% Relative EBIT-adj <br>Margin<br>0-200% with<br>Payout Cap<sup>(3)</sup><br>| 2/4/2028 | 2/4/2028 | 2/4/2028 |

---

<sup>(1)</sup> The performance of each PSU award will be measured and determined at the end of the applicable performance period.

<sup>(2)</sup> EV Measures are comprised of GMNA EV Volume, GMNA EV Launch Timing, and GMNA EV Launch Quality (modifier).

<sup>(3)</sup> Relative TSR is capped at target if GM's absolute TSR is negative over the performance period.

**Perquisites and Other Compensation**

We provide perquisites and other compensation to our NEOs consistent with market practices. The following perquisites and

other compensation were provided in 2025:

**Personal Air Travel** – Due to security concerns identified by an independent, third-party security consultant who was

engaged by the Board, Company policy prohibits Ms. Barra and Mr. Reuss from using commercial air travel for business or

personal use. As a result, the Company pays the costs associated with both business and personal use of Company aircraft.

Other NEOs may travel on Company aircraft in certain circumstances with prior approval from the CEO or the Senior Vice

President and Chief People Officer. All NEOs, including our CEO, incur imputed income when Company aircraft is used for

personal travel and do not receive any tax gross-up payments. Aircraft travel by NEOs for an annual executive physical

through the Executive Physical Program (described below) is included under Personal Travel in the "Perquisites and Other

Personal Benefits" table. Certain NEOs, including our CEO, have personal travel caps and are eligible for reimbursement of

personal travel pursuant to time-sharing agreements that the Company may enter into from time to time, subject to Federal

Aviation Administration regulations. Our Board of Directors regularly reviews executive officers' air travel usage and

compliance with the Company's air travel policies and approves any revisions to the air travel policies as needed.

**Security** – NEOs may receive security services, including home security systems and monitoring, to address specific

security-related concerns identified by an independent, third-party security consultant engaged by the Board or our

security team. We maintain security staff to help provide all employees with a safe and secure environment, which aligns to

and reinforces our safety culture. Our Board of Directors regularly evaluates executive officers' security policies. An

updated security assessment was performed in early 2025 for Ms. Barra and Mr. Reuss, and as a result, heightened security

services are expected to be provided in future years.

**Company Vehicle Programs** – NEOs are eligible to participate in the Executive Company Vehicle Program and may use

evaluation vehicles for the purpose of providing feedback on Company products. In addition, NEOs are eligible to use driver

services provided by the Company in accordance with Company policies.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **55** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Executive Physicals** – The health and wellness of our workforce is a priority, and all employees are encouraged to complete

an annual physical. NEOs are eligible to receive a comprehensive wellness examination with an approved provider. The cost

of meals, lodging, commercial air travel, and ground transportation for NEOs who traveled for an annual executive physical

through the Executive Physical Program is included under Executive Physicals in the "Perquisites and Other Personal

Benefits" table. These wellness visits promote employee well-being and enable employees to take appropriate steps in the

event of illness or a medical condition that may impact their ability to perform their duties.

**Financial Counseling** – NEOs are eligible to receive financial counseling, estate planning, and tax preparation services

through an approved provider. These services allow our NEOs to focus on Company business and ensure accurate personal

tax reporting.

**Compensation Decision-Making Process**

**Roles and Responsibilities**

**How We Plan Compensation** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **GM**<br>**Management**<br>•Makes recommendations <br>regarding compensation <br>structure and design<br>•Provides input on <br>performance results <br>against key business goals<br>•Provides additional <br>information as requested <br>by the Compensation <br>Committee<br>| ![04_GM_Arrows_right.jpg](gm-20260420_g118.jpg)<br>| **Compensation**<br>**Committee**<br>•Reviews and approves <br>plan design, metrics, goals, <br>and overall incentive <br>compensation <br>funding levels<br>•Reviews and approves <br>individual targets and <br>actual compensation for <br>our most senior leaders<br>•Ensures compensation <br>aligns with the Company's <br>corporate goals <br>and objectives <br>| ![04_GM_Arrows_left.jpg](gm-20260420_g119.jpg)<br>| **Committee Compensation**<br>**Consultant**<br>•Assists with peer group <br>selection and analysis<br>•Advises the Compensation <br>Committee on competitive <br>benchmarking for pay <br>levels, practices, and <br>governance trends<br>•Reviews and advises on <br>recommendations, plan <br>design, and measures<br>|

---

**Compensation Committee and Consultant Independence**

Our Compensation Committee is composed entirely of independent directors as determined by the Board under NYSE and

SEC rules, and as defined for various regulatory purposes. Under its charter, the Compensation Committee has the authority

to hire outside consultants and advisors at the Company's expense.

For 2025, the Committee retained the services of Semler Brossy Consulting Group LLC ("Semler Brossy"), for advice related

to the compensation of NEOs and other executive compensation-related matters. Semler Brossy takes direction from, and is

solely responsible to, the Committee and does not provide services to management. In 2025, a representative from Semler

Brossy attended all Committee meetings, either in person or virtually, consulted with and advised the Compensation

Committee members on executive compensation, including the structure and amounts of various pay elements, and

developed executive benchmarking data. The Committee is also aided in its deliberations by in-house legal counsel.

---

| | |
|:---|:---|
| **56** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

The Committee annually reviews the performance of its compensation consultant and considers the following factors when

assessing consultant independence in accordance with NYSE standards:

• Services provided to GM management outside the services provided to the Committee;

• Fees paid as a percentage of the compensation consultant's total revenue;

• Policies and procedures designed to prevent conflicts of interest;

• Any business or personal relationships between members of the Committee and the compensation consultant;

• GM stock ownership by employees of the compensation consultant; and

• Any business or personal relationships between GM and the compensation consultant.

After reviewing the performance and independence of its consultant, the Committee determined Semler Brossy was

independent based on the standards above.

**Peer Group**

**Peer Group for 2025-2027 LTIP Performance**

The Compensation Committee uses the following OEMs in the Dow Jones Automobiles & Parts Titans 30 Index as the peer

group for evaluating performance under the 2025–2027 PSU awards. These companies represent our global competition

and are subject to similar macroeconomic and industry forces. For the 2025–2027 performance period, the Company's

performance under each PSU performance measure is evaluated on a relative basis against this peer group.

---

| | | |
|:---|:---|:---|
| **Dow Jones Automobiles & Parts Titans 30 Index – OEM Peer Group**<sup>(1)</sup> | **Dow Jones Automobiles & Parts Titans 30 Index – OEM Peer Group**<sup>(1)</sup> | **Dow Jones Automobiles & Parts Titans 30 Index – OEM Peer Group**<sup>(1)</sup> |
| Bayerische Motoren Werke AG | Mercedes-Benz Group AG | Suzuki Motor Corporation |
| Ford Motor Company | Nissan Motor Co., Ltd. | Tesla, Inc. |
| Honda Motor Co., Ltd. | Renault SA | Toyota Motor Corporation |
| Hyundai Motor Company | Stellantis NV | Volkswagen AG |
| Kia Corporation | Subaru Corporation |  |

---

<sup>(1)</sup> GM is a member of the Dow Jones Automobiles & Parts Titans 30 Index. Our performance is determined on a continuous ranking for

performance relative to the OEM peer group.

**Peer Group for Overall Compensation Benchmarking**

The Compensation Committee annually reviews its peer group for overall compensation benchmarking comparisons (see

table on the following page) and makes updates as needed to align with the established criteria and the Company's strategy.

We use this peer group to gather competitive market data on executive pay levels, executive compensation program design,

and evolving trends in pay practices. This peer group is intended to reflect the full spectrum of industries from which we

source talent to support the execution of our transformation strategy. Advancing our strategic priorities — particularly our

S&S and AV strategies — increasingly demands that we recruit technology talent from outside our direct industry. As a

result, our peer group includes peers from both our direct industry, as well as from the technology industry with which we

increasingly compete for talent. The Committee believes that in order to remain highly competitive and to attract the best

talent, it is important to consider this range of peers.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **57** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

The Committee considered the following factors when selecting the peer group used to help establish 2025 target

compensation levels for our NEOs:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Set an Initial List of** <br>**Companies**<br>**Attributes:**<br>•Traded on a major U.S. <br>stock exchange<br>•GICS Industry: <br>manufacturers and <br>technology companies<br>| ![04_GM_Arrows_right.jpg](gm-20260420_g118.jpg)<br>| **Screen Initial List with** <br>**Established Financial** <br>**Criteria**<br>**Size Screen:**<br>•Revenue > $25B<br>**Business Screens:**<br>•Capital-intensive <br>operations<br>•Significant <br>international revenue<br>| ![04_GM_Arrows_right.jpg](gm-20260420_g118.jpg)<br>| **Apply Refining Criteria** <br>**to Select the Final** <br>**Peer Group**<br>**Refining Criteria:**<br>•Technology-focused<br>•Durable goods <br>manufacturer<br>•Strong branded <br>consumer products<br>•Comparable revenue<br>•Comparable market <br>capitalization<br>•Comparable R&D as a <br>percentage of revenue<br>|

---

---

| | | | |
|:---|:---|:---|:---|
| ![02_GM_peer-group.jpg](gm-20260420_g120.jpg) | **Peer Group** |  |  |
| •3M Company<br>•The Boeing Company<br>•Caterpillar Inc.<br>•Cisco Systems Inc.<br>•Ford Motor Company<br>•Honeywell International Inc. | •3M Company<br>•The Boeing Company<br>•Caterpillar Inc.<br>•Cisco Systems Inc.<br>•Ford Motor Company<br>•Honeywell International Inc. | •HP Inc.<br>•IBM Corporation<br>•Intel Corporation<br>•Johnson & Johnson<br>•Microsoft Corporation<br>•PepsiCo Inc.<br>| •Pfizer Inc.<br>•The Procter & Gamble Company<br>•RTX Corporation<br>•Tesla, Inc.<br>|

---

![03_GM_peer group.jpg](gm-20260420_g121.jpg)

---

| | |
|:---|:---|
| **58** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**How We Use Benchmarking Data to Assess Compensation**

We benchmark pay practices and compensation levels against the proxy statement disclosures of our peer group. In

addition, we use executive compensation surveys and competitive data to benchmark executive positions and adjust this

data to reflect GM's size and market-expected compensation trends. Furthermore, the Compensation Committee reviews an

analysis completed by its independent compensation consultant of the competitive position of each of our executives

relative to its benchmark data.

We review each element of total direct compensation (salary, STIP, and LTIP) compared with the market. An individual

element or an individual's total direct compensation may be positioned above or below the market due to a variety of

considerations, such as specific responsibilities, experience, performance in role, and pay positioning required to attract and

retain top talent needed to execute on our vision during this critical period of transformation.

**Compensation Risk Assessment**

Annually, the Compensation Committee reviews the potential impact of our compensation programs on organizational risk.

The Committee discusses the compensation programs and risk mitigation features when evaluating whether the programs

encourage or reward employees for engaging in excessive, imprudent, inappropriate, or unnecessary risk-taking.

The annual risk review, completed in December 2025, with assistance from our human resources, audit, and legal teams, as

well as our independent compensation consultant, involved analyzing our current compensation programs in relation to

organizational risk. Our analysis concluded that our compensation programs include the following risk mitigation features:

---

| | | |
|:---|:---|:---|
| ![02_GM_mix-of-pay_02-439032-1_icon_mix-of-pay.jpg](gm-20260420_g122.jpg)<br>| **Mix of Pay Elements**  | Salary, STIP, PSUs, and RSUs are included in the executive compensation program.  |
| ![02_GM_mix-of-pay_02-439032-1_icon_short-and-long-term.jpg](gm-20260420_g123.jpg)<br>| **Short-Term and** <br>**Long-Term Plans**<br>| The mix of our short-term and long-term compensation plans appropriately rewards <br>employees while balancing risk through the delayed payment of long-term awards. <br>|
| ![02_GM_mix-of-pay_02-439032-1_icon_adjustment.jpg](gm-20260420_g124.jpg)<br>| **Adjustments to** <br>**Compensation**<br>| Maximum payout caps are in place for incentive compensation, and the Compensation <br>Committee has the ability to apply negative discretion. <br>|
| ![02_GM_mix-of-pay_02-439032-1_icon_compensation-committee.jpg](gm-20260420_g125.jpg)<br>| **Compensation** <br>**Committee Oversight**<br>| Our Compensation Committee reviews plan performance and approves all executive <br>compensation plans and payouts. <br>|
| ![02_GM_mix-of-pay_02-439032-1_icon_multiple-performance.jpg](gm-20260420_g126.jpg)<br>| **Multiple Performance** <br>**Measures**<br>| Multiple performance measures work together to balance risk in our incentive <br>compensation plans.<br>|
| ![02_GM_mix-of-pay_02-439032-1_icon_stock-ownership.jpg](gm-20260420_g127.jpg)<br>| **Stock Ownership** <br>**Requirements**<br>| All senior leaders are subject to stock ownership requirements, as described below. |
| ![02_GM_mix-of-pay_02-439032-1_icon_clawback.jpg](gm-20260420_g128.jpg)<br>| **Clawback and** <br>**Cancellation** <br>**Provisions**<br>| All awards are subject to our Policy on Recoupment of Incentive Compensation, as <br>described below. In addition, cancellation provisions apply to all outstanding STIP and <br>LTIP awards. <br>|

---

In 2025, the Compensation Committee determined that our compensation programs have sufficient risk mitigation features

and do not encourage or reward employees for engaging in excessive, imprudent, inappropriate, or unnecessary risk-taking.

Based on the Committee's review, it was determined our compensation programs are low risk.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **59** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Compensation Policies and Governance Practices** 

**Stock Ownership Requirements** 

The Company requires our senior leaders to own GM stock to align their interests with those of our shareholders. Our stock

ownership requirements:

• Cover all senior leaders

• Establish a multiple of each executive's salary

• Set a five-year time frame to meet ownership requirements

• Require senior leaders to continually hold shares to maintain ownership requirements

• Allow the opportunity to own either a required number of shares or the total dollar value of shares to meet

ownership requirements

• Count only actual share holdings and unvested RSUs (i.e., excludes stock options and unvested PSUs)

• Include ongoing refreshment of stock ownership requirements after each five-year requirement is met

The table below shows the stock ownership requirement by level in the Company. As of December 31, 2025, all NEOs

who remain employed by the Company have met or are on track to meet stock ownership requirements by their

respective deadlines.

**Stock Ownership Covers All Senior Leaders**

---

| | |
|:---|:---|
| ![04_GM_stock-ownership_stock-ownership.jpg](gm-20260420_g129.jpg) | **33.9 times**<br>annual salary<br>The value of GM common stock and <br>unvested RSUs held by GM's Chair <br>and CEO, Mary T. Barra,<br>as of March 31, 2026<br>|

---

**Policy on Recoupment of Incentive Compensation**

Under our Policy on Recoupment of Incentive Compensation (available on our website at

<u>investor.gm.com/governanceandsustainability</u>), the Compensation Committee is empowered to recoup ("clawback")

compensation paid to executive officers and other executives under its purview. In the event of employee misconduct that

causes specified financial or reputational damage, a materially inaccurate performance calculation, or an accounting

restatement, the Committee may seek to clawback paid incentive compensation. The Committee may also cancel

outstanding equity-based awards granted to any covered employee if that employee engages in conduct detrimental to the

Company. This policy was expanded in 2020 to cover additional executives and scenarios of misconduct beyond only an

accounting restatement. The policy was further updated in 2023 to expand the definition of an accounting restatement to

cover material non-compliance with any financial reporting requirement in accordance with securities laws and NYSE

listing standards.

---

| | |
|:---|:---|
| **60** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

---

| | | | |
|:---|:---|:---|:---|
|  | **Clawback Policy** | **Cancellation and Clawback Due**<br>**to Violation of Non-Compete**<br>**and Non-Solicitation Terms**<br>| **Cancellation of Unvested and**<br>**Outstanding Awards**<br>|
| **Covered Population** | Executive officers and other <br>executives under the <br>purview of the <br>Compensation Committee<br>| Approximately <br>250 senior leaders<br>| All employees that receive <br>awards through STIP or LTIP<br>|
| **Event Applicable** | Following employee <br>misconduct that causes <br>specified financial or <br>reputational damage, a <br>materially inaccurate <br>performance calculation, or an <br>accounting restatement, as <br>defined by the policy<br>| Employee violates <br>non-compete or <br>non-solicitation terms<br>| Employee engages in conduct <br>deemed detrimental to <br>the Company<br>|
| **Awards Subject to** <br>**Cancellation,** <br>**Forfeiture, and/or** <br>**Recoupment**<br>| STIP, PSUs, RSUs, and <br>Stock Options<br>| PSUs, RSUs, and <br>Stock Options<br>| STIP, PSUs, RSUs, and <br>Stock Options<br>|

---

**Trading GM Securities**

We maintain an Insider Trading Policy governing the purchase, sale, and/or other dispositions of our securities by our

directors, officers, employees, certain of such persons' family members, and GM contractors and consultants who have

access to material nonpublic information concerning GM (collectively, "Insiders"), as well as by the Company, that is

reasonably designed to promote compliance with insider trading laws, rules and regulations, and the NYSE listing standards.

Any sale or purchase of common stock by directors, executive officers, and all other senior leaders must be made during

pre-established periods after receiving preclearance by a member of the GM legal staff or pursuant to a pre-approved and

pre-established Rule 10b5-1 trading plan. A copy of our Insider Trading Policy is included as Exhibit 19 to our Annual Report

on Form 10-K for the year ended December 31, 2025.

Trading in GM derivatives (i.e., puts or calls), engaging in short sales or otherwise engaging in hedging activities, and

pledging of GM securities is prohibited for all Insiders. This policy is posted on our website at

<u>investor.gm.com/governanceandsustainability</u>.

**Policies and Practices Related to Timing of Equity Awards**

The Committee does not take into account material non-public information when determining the timing or terms of equity

awards, nor does the Committee time disclosure of material non-public information for the purpose of affecting the value of

executive compensation. The Company has not awarded stock options (or similar awards) since fiscal 2023.

**Tax Considerations**

The Tax Cuts and Jobs Act enacted on December 22, 2017, modified IRC Section 162(m) to, among other things, limit the

federal tax deduction for annual individual compensation paid to $1 million for NEOs beginning with the 2018 tax year.

Previously, compensation paid in excess of $1 million could be deducted if it was performance-based. The Committee

continues to closely align executive pay with performance, regardless of the performance-based exception being removed

under IRC Section 162(m).

**Employment and Termination Agreements**

The Company has no employment or pre-defined termination agreements with any of our 2025 NEOs. All NEOs participate

in the General Motors LLC U.S. Executive Severance Program (the "Executive Severance Program") included as an exhibit to

the Company's 2025 Form 10-K.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **61** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Compensation Committee Report**

The Compensation Committee has reviewed and discussed with management the Compensation Discussion and Analysis

and, based on that review and discussion, has recommended to the Board of Directors that the Compensation Discussion and

Analysis be included in this Proxy Statement and incorporated by reference into the Company's Annual Report on Form 10-K

for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission on January 27, 2026.

---

| | |
|:---|:---|
| **Compensation Committee** | **Compensation Committee** |
| **Devin N. Wenig** (Chair)<br>**Wesley G. Bush**<br>| **Joseph Jimenez**<br>**Patricia F. Russo**<br>|

---

---

| | |
|:---|:---|
| **62** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Executive Compensation Tables** 

**Summary Compensation Table**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name and**<br>**Principal**<br>**Position**<sup>(1)</sup><br>| **Year** | **Salary**<br>**($)**<br>| **Stock**<br>**Awards**<sup>(2)</sup><br>**($)**<br>| **Option**<br>**Awards**<sup>(3)</sup><br>**($)**<br>| **Nonequity**<br>**Incentive Plan**<br>**Compensation**<sup>(4)</sup><br>**($)**<br>| **Change in**<br>**Pension**<br>**Value and**<br>**NQ Deferred**<br>**Compensation**<br>**Earnings**<sup>(5)</sup><br>**($)**<br>| **All Other**<br>**Compensation**<sup>(6)</sup><br>**($)**<br>| **Total**<br>**($)**<br>|
| **Mary T. Barra**<br>Chair and Chief<br>Executive Officer | 2025 | 2100000 | 21623970 |  | 4956000 |  | 1215898 | 29895868 |
| **Mary T. Barra**<br>Chair and Chief<br>Executive Officer | 2024 | 2100000 | 19500028 |  | 6668000 |  | 1228609 | 29496637 |
| **Mary T. Barra**<br>Chair and Chief<br>Executive Officer | 2023 | 2100000 | 14625000 | 4875013 | 5250000 |  | 997392 | 27847405 |
| **Paul A. Jacobson**<br>Executive Vice<br>President and Chief<br>Financial Officer | 2025 | 1200000 | 10606107 |  | 1770000 |  | 263870 | 13839977 |
| **Paul A. Jacobson**<br>Executive Vice<br>President and Chief<br>Financial Officer | 2024 | 1200000 | 9300002 |  | 2381400 |  | 232005 | 13113407 |
| **Paul A. Jacobson**<br>Executive Vice<br>President and Chief<br>Financial Officer | 2023 | 1000000 | 6187500 | 2062503 | 1687500 |  | 186421 | 11123924 |
| **Mark L. Reuss**<br>President | 2025 | 1350000 | 14892221 |  | 1991300 |  | 1074469 | 19307990 |
| **Mark L. Reuss**<br>President | 2024 | 1350000 | 13962535 |  | 2679100 |  | 465362 | 18456997 |
| **Mark L. Reuss**<br>President | 2023 | 1350000 | 10471875 | 3490634 | 2109400 | 22215 | 522168 | 17966292 |
| **Sterling J. Anderson**<br>Executive Vice President, Global <br>Product and Chief Product <br>Officer<br>| 2025 | 583333 | 35125345 |  | 4475000 |  | 95285 | 40278963 |
| **Rory V. Harvey**<br>Executive Vice President and <br>President, Global Markets | 2025 | 850000 | 7298149 |  | 1253800 | 209853 | 187293 | 9799095 |
| **Rory V. Harvey**<br>Executive Vice President and <br>President, Global Markets | 2024 | 850000 | 7087519 |  | 1718100 |  | 153808 | 9809427 |

---

<sup>(1)</sup> Titles reflect position as of December 31, 2025. Mr. Harvey was not a NEO in 2023. Mr. Anderson was appointed in May 2025 and was not

an NEO in 2024 and 2023.

<sup>(2)</sup> Stock Awards displays the grant date fair values of PSUs and RSUs issued under the LTIP, computed in accordance with Financial

Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 718. The PSU awards below will vest based on

GM's performance against Relative TSR, OCF, and Relative EBIT-adjusted Margin. The fair value of the non-TSR PSUs is based on the

closing stock price on the date of grant. The assumptions used for the Monte Carlo valuation of the Relative TSR portion of the PSUs are

summarized below:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Grant Date** | **Stock**<br>**Price**<br>| **Implied**<br>**Volatility**<br>| **Risk-Free**<br>**Interest Rate**<br>| **Valuation**<br>**Price**<br>| **Valuation Price**<br>**as a Percent**<br>**of Target**<br>|
| 2/4/2025 | $48.57 | 34% | 4.25% | $53.38 | 109.9% |
| 7/29/2025 | $52.11 | 32% | 3.84% | $56.85 | 109.1% |

---

There is no dividend yield, as dividends are assumed to be reinvested for the TSR calculation. The maximum award for PSUs for the

2025–2027 performance period is 200% of PSUs granted. If the maximum level of performance is achieved, the grant date fair values for

the PSUs granted on 2/4/2025 would be $32,747,884 (Ms. Barra), $16,062,142 (Mr. Jacobson), $22,553,146 (Mr. Reuss), and

$11,052,534 (Mr. Harvey). If the maximum level of performance is achieved, the grant date fair value for the PSUs granted on 7/29/2025

would be $21,375,574 for Mr. Anderson.

<sup>(3)</sup> Option Awards displays the grant date fair value of stock options issued under the LTIP, computed in accordance with FASB ASC Topic

718 using a Black-Scholes valuation. No stock options were granted to NEOs in 2024 and 2025.

<sup>(4)</sup> All NEOs were eligible for a payment under the STIP for 2025 performance based on the Company's achievement of annual performance

goals. For Mr. Anderson, includes $3,000,000 in performance cash that vested on December 15, 2025, based on achievement of

individual goals.

<sup>(5)</sup> These amounts represent the actuarial change in the present value of the NEO's accrued benefit for 2025 attributed to year-over-year

variances in applicable discount rates, lump sum interest rates, mortality rates, and employer contributions to tax-qualified and non-tax-

qualified plans, as described in "Pension Benefits" on page [66](#i3c04a6fdbc9d4372929e3081226ac45f_87094). The Company does not credit interest at above-market rates to any

deferred retirement accounts, and no interest amounts are included in these totals. In 2025, the actuarial present value decreased in the

amount of $69,758 (Ms. Barra) and $11,009 (Mr. Reuss). Messrs. Jacobson, Anderson and Harvey are not eligible to participate in the GM

Salaried Retirement Plan ("SRP") and GM Executive Retirement Plan ("DB ERP") based on their respective dates of service. Mr. Harvey

participates in the Vauxhall Motors Pension Plan ("UK VML Plan"), but is not eligible to participate in the SRP or DB ERP.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **63** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

<sup>(6)</sup> The amounts included as All Other Compensation are described in the table below.

**All Other Compensation** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **M.T. Barra**<br>**($)**<br>| **P.A. Jacobson**<br>**($)**<br>| **M.L. Reuss**<br>**($)**<br>| **S.J. Anderson**<br>**($)**<br>| **R.V. Harvey**<br>**($)**<br>|
| Perquisites and Other Personal Benefits<sup>(1)</sup> | 539764 | 42516 | 735414 | 38594 | 28143 |
| Employer Contributions to Savings Plans<sup>(2)</sup> | 652080 | 215256 | 322746 | 55833 | 153724 |
| Life and Other Insurance Benefits<sup>(3)</sup> | 24054 | 6098 | 15309 | 858 | 5426 |
| Other<sup>(4)</sup> |  |  | 1000 |  |  |
| **Total** | 1215898 | 263870 | 1074469 | 95285 | 187293 |

---

<sup>(1)</sup> The amounts included as Perquisites and Other Personal Benefits are described in the table below.

<sup>(2)</sup> Includes employer contributions to tax-qualified and non-tax-qualified savings and retirement plans during 2025.

<sup>(3)</sup> Includes premiums paid by the Company for Group Variable Universal Life insurance for executives. For Ms. Barra, the amount also

includes premiums paid by the Company for providing personal accident insurance for members of the Board. NEOs are responsible for

any ordinary income taxes resulting from the cost of Company-paid premiums.

<sup>(4)</sup> Reflects patent awards granted to Mr. Reuss during 2025.

**Perquisites and Other Personal Benefits** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **M.T. Barra**<br>**($)**<br>| **P.A. Jacobson**<br>**($)**<br>| **M.L. Reuss**<br>**($)**<br>| **S.J. Anderson**<br>**($)**<br>| **R.V. Harvey** <br>**($)**<br>|
| Personal Travel<sup>(1)</sup> | 354089 |  | 267734 |  |  |
| Security<sup>(2)</sup> | 154941 |  | 431425 |  |  |
| Company Vehicle Programs<sup>(3)</sup> | 15743 | 27882 | 16910 | 13404 |  |
| Executive Physical<sup>(4)</sup> | 4631 | 14634 | 6542 |  | 17783 |
| Financial Counseling<sup>(5)</sup> | 10360 |  | 10360 | 5934 | 10360 |
| Other<sup>(6)</sup> |  |  | 2443 | 19256 |  |
| **Total** | 539764 | 42516 | 735414 | 38594 | 28143 |

---

<sup>(1)</sup> Personal travel, pursuant to Company policy as discussed on page [54](#i1b54c6fb319b4debba3b70452f80d31b_7790), includes incremental costs (fuel, flight crew expenses, landing

fees, ground transportation fees, and other miscellaneous variable expenses) associated with aircraft use.

<sup>(2)</sup> Includes the incremental cost of providing security services and residential security system monitoring for Ms. Barra and Mr. Reuss as

recommended by an independent third-party security consultant and our security team. Mr. Reuss' amount for the year also reflects

one-time costs associated with upgrades to his residential security systems. For security personnel employed by the Company, the cost

is the actual incremental cost of expenses incurred by the applicable security personnel. Total salary, wages, and benefits are not

allocated as the Company already incurs these costs for business purposes.

<sup>(3)</sup> Includes the cost of providing cars, drivers, and the estimated annual lease value of Company vehicles, inclusive of fuel and insurance,

driven by NEOs. The annual lease value is included because it is more reflective of the value of the Company vehicle perquisite than of

the Company's incremental costs, which are generally significantly lower because the Company manufactures and ordinarily disposes of

Company vehicles for a profit, resulting in minimal incremental costs, if any. Taxes related to imputed income are the responsibility of

each participant.

<sup>(4)</sup> Reflects costs associated with executive physicals with an approved provider as discussed on page [55](#i1b54c6fb319b4debba3b70452f80d31b_32431).

<sup>(5)</sup> Reflects costs associated with financial counseling and estate planning services with an approved provider.

<sup>(6)</sup> Reflects costs associated with housing for Mr. Anderson, and event tickets for Messrs. Anderson and Reuss. Occasionally, unused tickets

from sponsorship agreements are made available for personal use. Tickets are included in sponsorship agreements and typically result in

no incremental costs to the Company. In 2025, there were incremental costs associated with the personal use of tickets to GM-

sponsored events. Occasionally, limited souvenirs may be included as part of a sponsorship agreement and no incremental costs are

incurred by the Company.

---

| | |
|:---|:---|
| **64** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Grants of Plan-Based Awards** 

STIP awards for the 2025 performance year were made under the terms of the General Motors Company 2017 Short-Term

Incentive Plan. Equity awards granted to each NEO were made under the terms of the General Motors Company 2020

Long-Term Incentive Plan. PSUs vest and deliver at the end of the performance period and can be earned at a level between

0 and 200 percent of target. PSUs are based on the achievement of performance conditions relating to Relative TSR, OCF,

and Relative EBIT-adjusted Margin over a three-year performance period from January 1, 2025, to December 31, 2027.

RSUs vest ratably over a three-year period.

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  | **Estimated Future Payouts**<br>**Under Non-Equity Incentive**<br>**Plan Awards** | **Estimated Future Payouts**<br>**Under Non-Equity Incentive**<br>**Plan Awards** | **Estimated Future Payouts**<br>**Under Non-Equity Incentive**<br>**Plan Awards** | **Estimated Future Payouts**<br>**Under Equity Incentive**<br>**Plan Awards** | **Estimated Future Payouts**<br>**Under Equity Incentive**<br>**Plan Awards** | **Estimated Future Payouts**<br>**Under Equity Incentive**<br>**Plan Awards** | **All Other**<br>**Stock**<br>**Awards:**<br>**Number of**<br>**Shares of**<br>**Stock or**<br>**Units**<br>**(#)** | **Exercise**<br>**or Base**<br>**Price of**<br>**Option**<br>**Awards**<br>**($/share)** | **Grant Date**<br>**Fair Value**<br>**of Stock**<br>**and Option**<br>**Awards**<br>**($)**<sup>(2)</sup> |
| **Name** | **Award**<br>**Type**<br>| **Grant**<br>**Date**<br>| **Approval**<br>**Date**<br>| **Threshold**<br>**($)**<br>| **Target**<br>**($)**<br>| **Maximum**<br>**($)**<br>| **Threshold**<br>**(#)**<br>| **Target**<br>**(#)**<sup>(1)</sup><br>| **Maximum**<br>**(#)**<br>| **All Other**<br>**Stock**<br>**Awards:**<br>**Number of**<br>**Shares of**<br>**Stock or**<br>**Units**<br>**(#)** | **Exercise**<br>**or Base**<br>**Price of**<br>**Option**<br>**Awards**<br>**($/share)** | **Grant Date**<br>**Fair Value**<br>**of Stock**<br>**and Option**<br>**Awards**<br>**($)**<sup>(2)</sup> |
| **Mary T. Barra** | STIP | 1/1/2025 | 12/12/2024 | 52500 | 4200000 | 8400000 |  |  |  |  |  |  |
| **Mary T. Barra** | PSU | 2/4/2025 | 12/12/2024 |  |  |  | 48641 | 324275 | 648550 |  |  | 16373942 |
| **Mary T. Barra** | RSU | 2/4/2025 | 12/12/2024 |  |  |  |  |  |  | 108092 |  | 5250028 |
| **Paul A. Jacobson** | STIP | 1/1/2025 | 12/12/2024 | 18750 | 1500000 | 3000000 |  |  |  |  |  |  |
| **Paul A. Jacobson** | PSU | 2/4/2025 | 12/12/2024 |  |  |  | 23857 | 159049 | 318098 |  |  | 8031071 |
| **Paul A. Jacobson** | RSU | 2/4/2025 | 12/12/2024 |  |  |  |  |  |  | 53017 |  | 2575036 |
| **Mark L. Reuss** | STIP | 1/1/2025 | 12/12/2024 | 21094 | 1687500 | 3375000 |  |  |  |  |  |  |
| **Mark L. Reuss** | PSU | 2/4/2025 | 12/12/2024 |  |  |  | 33499 | 223325 | 446650 |  |  | 11276573 |
| **Mark L. Reuss** | RSU | 2/4/2025 | 12/12/2024 |  |  |  |  |  |  | 74442 |  | 3615648 |
| **Sterling J.** <br>**Anderson** | STIP | 6/2/2025 | 1/7/2025 | 15625 | 1250000 | 2500000 |  |  |  |  |  |  |
| **Sterling J.** <br>**Anderson** | Performance <br>Cash<sup>(3)</sup><br>| 6/2/2025 | 1/7/2025 |  | 3000000 | 3000000 |  |  |  |  |  |  |
| **Sterling J.** <br>**Anderson** | PSU | 7/29/2025 | 1/7/2025 |  |  |  | 61349 | 408991 | 817982 |  |  | 21687791 |
| **Sterling J.** <br>**Anderson** | RSU | 7/29/2025 | 1/7/2025 |  |  |  |  |  |  | 257869 |  | 13437554 |
| **Rory V. Harvey** | STIP | 1/1/2025 | 12/12/2024 | 13281 | 1062500 | 2125000 |  |  |  |  |  |  |
| **Rory V. Harvey** | PSU | 2/4/2025 | 12/12/2024 |  |  |  | 16416 | 109443 | 218886 |  |  | 5526267 |
| **Rory V. Harvey** | RSU | 2/4/2025 | 12/12/2024 |  |  |  |  |  |  | 36481 |  | 1771882 |

---

<sup>(1)</sup> Mr. Anderson was granted a PSU grant with different metrics than those detailed above in the amount of 211,092 shares. Vesting and

performance will be tied to the non-TSR metrics of the 2024-2026 PSU grant (which is scheduled to vest February 2027, based on

attainment of the applicable performance metrics).

<sup>(2)</sup> This column shows the aggregate grant date fair value of equity awards granted to the NEOs in 2025. The aggregate grant date fair value

is the amount that the Company expects to expense in its financial statements over the vesting schedule. All grant date fair values have

been computed in accordance with FASB ASC Topic 718.

<sup>(3)</sup> Represents a performance cash award that vested on December 15, 2025, based on achievement of individual goals. Refer to page [48](#i59bda5dc18774d1a825a93e5241d0c7c_134636) for

further description of Mr. Anderson's new hire awards.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **65** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Outstanding Equity Awards at Fiscal Year-End**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Option Awards** | **Option Awards** | **Option Awards** | **Option Awards** | **Option Awards** | **Stock Awards**<sup>(1)</sup> | **Stock Awards**<sup>(1)</sup> | **Stock Awards**<sup>(1)</sup> | **Stock Awards**<sup>(1)</sup> |
| **Name** | **Grant**<br>**Date**<br>| **Number of**<br>**Securities**<br>**Underlying**<br>**Unexercised**<br>**Options**<br>**Exercisable**<br>**(#)**<br>| **Number of**<br>**Securities**<br>**Underlying**<br>**Unexercised**<br>**Options**<br>**Unexercisable**<br>**(#)** | **Option**<br>**Exercise**<br>**Price**<br>**($)**<br>| **Option**<br>**Expiration**<br>**Date**<br>| **Number**<br>**of Shares**<br>**or Units of**<br>**Stock That**<br>**Have Not**<br>**Vested**<br>**(#)** | **Market**<br>**Value of**<br>**Shares or**<br>**Units of**<br>**Stock That**<br>**Have Not**<br>**Vested**<br>**($)**<br>| **Equity**<br>**Incentive**<br>**Plan Awards:**<br>**Number of**<br>**Unearned**<br>**Shares, Units,**<br>**or Other**<br>**Rights That**<br>**Have Not**<br>**Vested**<br>**(#)** | **Equity**<br>**Incentive**<br>**Plan Awards:**<br>**Market or**<br>**Payout Value**<br>**of Unearned**<br>**Shares, Units,**<br>**or Other**<br>**Rights That**<br>**Have Not**<br>**Vested**<br>**($)** |
| **Mary T. Barra** | 2/4/2025 |  |  |  |  | 108092<br><sup>(2)</sup> | 8790041 | 324275<br><sup>(7)</sup> | 26370043<br><sup>(9)</sup> |
| **Mary T. Barra** | 2/6/2024 |  |  |  |  | 85459<br><sup>(3)</sup> | 6949526 | 337863<br><sup>(8)</sup> | 27475019<br><sup>(10)</sup> |
| **Mary T. Barra** | 2/7/2023 | 244914 | 122457<br><sup>(4)</sup> | 41.40 | 2/7/2033 | 521778<br><sup>(5)</sup> | 42430987 |  |  |
| **Paul A. Jacobson** | 2/4/2025 |  |  |  |  | 53017<br><sup>(2)</sup> | 4311342 | 159049<br><sup>(7)</sup> | 12933865<br><sup>(9)</sup> |
| **Paul A. Jacobson** | 2/6/2024 |  |  |  |  | 40757<br><sup>(3)</sup> | 3314359 | 161135<br><sup>(8)</sup> | 13103498<br><sup>(10)</sup> |
| **Paul A. Jacobson** | 2/7/2023 | 103618 | 51808<br><sup>(4)</sup> | 41.40 | 2/7/2033 | 220753<br><sup>(5)</sup> | 17951634 |  |  |
| **Mark L. Reuss** | 2/4/2025 |  |  |  |  | 74442<br><sup>(2)</sup> | 6053623 | 223325<br><sup>(7)</sup> | 18160789<br><sup>(9)</sup> |
| **Mark L. Reuss** | 2/6/2024 |  |  |  |  | 61191<br><sup>(3)</sup> | 4976052 | 241918<br><sup>(8)</sup> | 19672772<br><sup>(10)</sup> |
| **Mark L. Reuss** | 2/7/2023 | 175365 | 87682<br><sup>(4)</sup> | 41.40 | 2/7/2033 | 373607<br><sup>(5)</sup> | 30381721 |  |  |
| **Sterling J.** <br>**Anderson**<br>| 7/29/2025 |  |  |  |  | 257869<br><sup>(6)</sup> | 20969907 | 408991<br><sup>(78)</sup> | 33259148<br><sup>(11)</sup> |
| **Rory V. Harvey** | 2/4/2025 |  |  |  |  | 36481<br><sup>(2)</sup> | 2966635 | 109443<br><sup>(7)</sup> | 8899905<br><sup>(9)</sup> |
| **Rory V. Harvey** | 2/6/2024 |  |  |  |  | 31061<br><sup>(3)</sup> | 2525881 | 122800<br><sup>(8)</sup> | 9986096<br><sup>(10)</sup> |
| **Rory V. Harvey** | 7/3/2023 |  |  |  |  | 152459<br><sup>(5)</sup> | 12397966 |  |  |
| **Rory V. Harvey** | 2/7/2023 |  | 5652<br><sup>(4)</sup> | 41.40 | 2/7/2033 | 24083<br><sup>(5)</sup> | 1958430 |  |  |

---

<sup>(1)</sup> The awards are valued based on the closing price of GM common stock on the NYSE on December 31, 2025, which was $81.32.

<sup>(2)</sup> RSU awards granted on February 4, 2025, and vest ratably each February 4 of 2026, 2027, and 2028.

<sup>(3)</sup> RSU awards granted on February 6, 2024, and vest ratably each February 6 of 2025, 2026, and 2027.

<sup>(4)</sup> Stock options granted on February 7, 2023, and vest ratably each February 7 of 2024, 2025, and 2026.

<sup>(5)</sup> 2023-2025 PSU awards granted on February 7, 2023, and July 3, 2023, cliff-vested on February 7, 2026, upon determination of results

for the performance period January 1, 2023-December 31, 2025. The final performance of the 2023-2025 PSU award was 162% and is

discussed on page [53](#i1b54c6fb319b4debba3b70452f80d31b_32438).

<sup>(6)</sup> Mr. Anderson was granted two RSU awards on July 29, 2025. One award shares the same vest dates as the annual grant as described in

footnote 2 in the amount of 21,989 shares per vest. The second award covering 191,902 shares will vest in equal installments on July 29

of 2026 and 2027.

<sup>(7)</sup> 2025-2027 PSU awards granted on February 4, 2025, and July 29, 2025, cliff-vest on February 4, 2028, upon determination of results

for the performance period January 1, 2025-December 31, 2027.

<sup>(8)</sup> 2024-2026 PSU awards granted on February 6, 2024, and July 29, 2025, cliff-vest on February 6, 2027, upon determination of results

for the performance period January 1, 2024-December 31, 2026.

<sup>(9)</sup> Assumes target-level payout of PSU awards. The number of shares (and market value of such shares) for maximum-level payout with

respect to unvested 2025-2027 PSUs granted on February 4, 2025, outstanding as of December 31, 2025, for Ms. Barra is 648,550

($52,740,086); for Mr. Jacobson is 318,098 ($25,867,729); for Mr. Reuss is 446,650 ($36,321,578); and for Mr. Harvey is

218,886 ($17,799,810).

<sup>(10)</sup> Assumes target-level payout of PSU awards. The number of shares (and market value of such shares) for maximum-level payout with

respect to unvested 2024-2026 PSUs granted on February 6, 2024, outstanding as of December 31, 2025, for Ms. Barra is 675,726

($54,950,038); for Mr. Jacobson is 322,270 ($26,206,996); for Mr. Reuss is 483,836 ($39,345,544); and for Mr. Harvey is

245,600 ($19,972,192).

<sup>(11)</sup> Assumes target-level payout of PSU awards. The number of shares (and market value of such shares) for maximum-level payout with

respect to unvested 2024-2026 and 2025-2027 PSUs granted on July 29, 2025, outstanding as of December 31, 2025, for Mr. Anderson

is 422,184 ($34,332,003) and 395,798 ($32,186,293), respectively.

---

| | |
|:---|:---|
| **66** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Option Exercises and Stock Vested** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Option Awards**<sup>(1)</sup> | **Option Awards**<sup>(1)</sup> | **Stock Awards**<sup>(2)</sup> | **Stock Awards**<sup>(2)</sup> |
| **Name** | **Number of**<br>**Shares**<br>**Acquired**<br>**on Exercise**<br>**(#)**<br>| **Value**<br>**Realized on**<br>**Exercise**<br>**($)**<br>| **Number of**<br>**Shares**<br>**Acquired**<br>**on Vesting**<br>**(#)**<br>| **Value**<br>**Realized on**<br>**Vesting**<br>**($)**<br>|
| **Mary T. Barra** | 1214048 | 27005289 | 272271 | 12925997 |
| **Paul A. Jacobson** |  |  | 104545 | 4965392 |
| **Mark L. Reuss** | 307570 | 8453759 | 147868 | 7023986 |
| **Sterling J. Anderson** |  |  |  |  |
| **Rory V. Harvey** | 16711 | 178761 | 26567 | 1267397 |

---

<sup>(1)</sup> The aggregate dollar value realized upon exercise is computed by multiplying the number of shares at exercise by the difference

between the market price of GM common stock and the exercise price of the options.

<sup>(2)</sup> The aggregate dollar value realized upon vesting is computed by multiplying the number of shares vested by the closing price of

GM common stock on the vesting date.

**Pension Benefits** 

**GM Salaried Retirement Plan**

**Eligibility and Vesting:** The SRP is a funded, tax-qualified retirement plan that covers eligible employees hired prior to

January 1, 2007. Employees who commenced service on or after January 1, 2007, are eligible to participate only in DC plans.

Employees are vested in the SRP after five years of qualifying service. The plan permitted employee contributions, which

vested immediately, until December 31, 2006. All DB accruals were frozen on September 30, 2012, with service continuing

towards eligibility to retire.

**Benefit Formula:** 

**Service Prior to January 1, 2001:** The plan provided benefits on both a contributory and noncontributory formula. The

contributory formula factors the contributions of the employee and earnings for each fiscal year. The formulas were frozen

effective December 31, 2006, and effective January 1, 2007, employees continued to participate in the SRP under a new

formula that provided a pension accrual equal to 1.25 percent of the employee's eligible earnings up to the IRS-prescribed

limits for tax-qualified plans. The 1.25 percent accruals were frozen September 30, 2012.

**Service from January 1, 2001, to December 31, 2006:** The plan provided benefits under a cash balance formula with pay

credits based on age through December 31, 2006, when the formula was frozen, with balances continuing to earn interest

credits thereafter.

**Time and Form of Payment:** For employees hired prior to January 1, 2001, the accumulated benefit an employee earns

over his or her career with the Company is payable starting after retirement. Normal retirement age is defined as age 65.

Employees who commenced service prior to 1988 may elect early retirement after 30 years of credited service or 85 points,

based on combined age and service, or age 60 and 10 or more years of service, with certain age-reduction factors applied.

As of December 31, 2025, Ms. Barra and Mr. Reuss were eligible for early retirement. The plan also provides Social Security

supplements for those hired prior to 1988. For employees hired on or after January 1, 1988, and prior to December 31, 2000,

Social Security supplements are not payable and age-reduction factors are greater for retirements prior to age 62. The plan

provides a single-life annuity, a spousal joint and survivor annuity, a contingent annuitant optional form of payment, or a

100 percent lump sum option. For employees hired from January 1, 2001, to December 31, 2006, the plan provides a

single-life annuity, a contingent annuitant optional form of payment, or a 100 percent lump sum option.

**Tax Code Limitations on Benefits:** Section 415(b)(1)(A) of the IRC limits the benefits payable under the SRP. For 2025, the

maximum single life annuity an NEO could have received under these limits was $280,000 per year. This ceiling is

actuarially adjusted in accordance with IRS rules to reflect employee contributions, actual forms of distribution, and actual

retirement dates.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **67** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**GM Executive Retirement Plan**

**Eligibility and Vesting:** The DB ERP is an unfunded, non-tax-qualified retirement plan that covers eligible executives to

provide retirement benefits above amounts available under our other pension programs.

**Benefit Formula:** 

**Service Prior to January 1, 2007:** The supplemental pension equals the greater of (a) 2 percent of the average monthly

salary multiplied by all years of contributory service less the sum of all benefits payable under the SRP plus the maximum

Social Security benefit as of January 2007 multiplied by all years of contributory service or (b) 1.5 percent of the average

monthly salary plus STIP compensation multiplied by all years of contributory service, up to a maximum of 35 years, less the

sum of all benefits payable under the SRP plus 100 percent of the maximum Social Security benefit as of January 2007. In

both cases, the salary and STIP payments are determined using the highest 60 months out of the last 120 months as of

December 31, 2006. These DB accruals were frozen on December 31, 2006, with service continuing towards eligibility

to retire.

**Service from January 1, 2007, to September 30, 2012:** For employees hired prior to January 1, 2001, the supplemental

pension equals 1.25 percent of annual salary plus short-term incentive payments and is applicable to amounts in excess of

the IRS-prescribed limit applicable to tax-qualified plans. These DB accruals were frozen on September 30, 2012, with

service continuing towards eligibility to retire.

**Time and Form of Payment:** Normal retirement age under the plan is age 65; however, employees who commenced service

prior to January 1, 2007, may retire at age 60 with 10 or more years of service without any reduction in benefits. Employees

may also retire at age 55 with 10 or more years of service with benefits reduced using the same factors as are utilized for

early retirement under the SRP. As of December 31, 2025, Ms. Barra and Mr. Reuss were eligible for early retirement. The

DB ERP is payable as a five-year certain annuity, with payments starting upon the retirement of the executive and

continuing for 60 months.

**UK VML Pension Plan**

**Eligibility and Vesting:** The Vauxhall Motors Pension Plan ("UK VML Plan") is a funded defined benefit plan which was open

to all GM United Kingdom employees prior to October 2012, when it closed to new entrants.

**Time and Form of Payment:** Normal retirement age under the plan is age 65. Deferred members can take their pension from

age 55 subject to a reduction, using the plan's early retirement factors.

---

| | |
|:---|:---|
| **68** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

The table below reflects pension benefits as of December 31, 2025, provided by the respective plans.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name** | **Plan Name** | **Number of Years**<br>**of Eligible Credited**<br>**Service as of**<br>**December 31, 2025**<sup>(1)</sup><br>| **Present**<br>**Value of**<br>**Accumulated**<br>**Benefits**<sup>(2)</sup><br>**($)**<br>| **Payments**<br>**During Last**<br>**Fiscal Year**<br>**($)**<br>|
| **Mary T. Barra** | SRP | 43.3 | 1093571 |  |
| **Mary T. Barra** | DB ERP | 43.3 | 812405 |  |
| **Paul A. Jacobson**<sup>(3)</sup> |  |  |  |  |
| **Mark L. Reuss** | SRP | 38.8 | 973912 |  |
| **Mark L. Reuss** | DB ERP | 38.8 | 558824 |  |
| **Sterling J. Anderson**<sup>(3)</sup> |  |  |  |  |
| **Rory V. Harvey**<sup>(4)</sup> | VML Plan (UK) | 27.9 | 1464753 |  |

---

<sup>(1)</sup> Eligible service recognizes credited service under the frozen qualified SRP in addition to future service to determine

retirement eligibility.

<sup>(2)</sup> The present value of the SRP benefit amount shown takes into consideration the ability to elect a joint and survivor annuity form of

payment as well as the ability to elect to receive the annuity as a lump sum. For SRP and DB ERP benefits, the present value represents

the value of the benefit payable at age 60 (or immediately if over age 60). Present values shown here are based on the mortality and

discount rate assumptions used in the December 31, 2025, FASB ASC Topic 715, "Compensation-Retirement Benefits," except where

needed to meet proxy statement requirements. The discount rate used for calculations as of December 31, 2025, for the SRP is 5.46%

and for the DB ERP is 4.83%.

<sup>(3)</sup> Messrs. Jacobson and Anderson are only eligible to participate in the DC ERP plan offered by the Company based on their date of service.

<sup>(4)</sup> Mr. Harvey participates in the UK VML Plan and DC ERP, but is not eligible to participate in the SRP or DB ERP.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **69** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Nonqualified Deferred Compensation Plan**

The Defined Contribution Executive Retirement Plan ("DC ERP") allows for the equalization of benefits for highly

compensated salaried employees under the Retirement Savings Plan when such employees' contribution and benefit levels

exceed the maximum limitations on contributions and benefits imposed by Section 2004 of Employment Retirement Income

Security Act of 1974, commonly known as ERISA, as amended, and Sections 401(a)(17) and 415(c)(1)(A) of the IRC, as

amended. The DC ERP is maintained as an unfunded plan, and we bear all expenses for administration of the plan and

payment of amounts to participants.

Aggregate account balances disclosed below include both vested and unvested contributions made by the Company.

Contributions made prior to 2007 vested immediately. Contributions made between January 1, 2007, and

September 30, 2012, vest when the participant attains age 55 with 10 years of service, and the benefit is payable as a

five-year certain annuity with payments starting upon the retirement of the executive and continuing for 60 months.

Contributions made on or after October 1, 2012, vest when the participant attains three years of service, regardless of age,

and the benefit is payable as a 100 percent lump sum upon the retirement of the executive.

The table below reflects December 31, 2025, balances for the DC ERP and any contributions, earnings, or withdrawals during

the year.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Plan** | **Executive**<br>**Contributions**<br>**in the Last**<br>**Fiscal Year**<br>**($)**<br>| **Registrant**<br>**Contributions**<br>**in the Last**<br>**Fiscal Year**<sup>(1)</sup><br>**($)**<br>| **Aggregate**<br>**Earnings**<br>**in the Last**<br>**Fiscal Year**<sup>(2)</sup><br>**($)**<br>| **Aggregate**<br>**Withdrawals**<br>**and**<br>**Distributions**<br>**($)**<br>| **Aggregate**<br>**Balance at**<br>**2025 Fiscal**<br>**Year End**<sup>(3)</sup><br>**($)**<br>|
| **Mary T. Barra** | DC ERP |  | 631080 | 1047306 |  | 8816713 |
| **Paul A. Jacobson** | DC ERP |  | 189256 | 127021 |  | 900579 |
| **Mark L. Reuss** | DC ERP |  | 307734 | 577915 |  | 4262602 |
| **Sterling J. Anderson** | DC ERP |  | 29167 | 401 |  | 29568 |
| **Rory V. Harvey** | DC ERP |  | 131224 | 75820 |  | 597544 |

---

<sup>(1)</sup> The amounts shown are included in All Other Compensation in the Summary Compensation Table.

<sup>(2)</sup> The amounts shown are not reported in Change in Pension Value and Nonqualified Deferred Compensation Earnings in the Summary

Compensation Table because we do not pay above-market earnings on deferred compensation in retirement plans.

<sup>(3)</sup> The following amounts have been included in the Summary Compensation Table in prior years: $4,886,304 (Ms. Barra),

$511,354 (Mr. Jacobson), $2,317,301 (Mr. Reuss), and $113,328 (Mr. Harvey).

---

| | |
|:---|:---|
| **70** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Potential Payments Upon Termination**

The Company does not maintain individual employment agreements with any NEO that provide guaranteed payments in

the event of a termination of employment or change in control. In the event that an NEO's position with the Company is

eliminated, including the elimination of the NEO's position as a result of a change in control, the NEO would be eligible for a

severance payment under the Executive Severance Program.

The table below shows the potential payments to each NEO assuming a termination of employment on December 31, 2025, due

to the following events: voluntary separation or termination for cause, qualifying termination under the Executive Severance

Program, full career status retirement, disability, death, or change in control with termination of employment. Each of the

separation events is described in more detail below. These provisions are generally applicable to participants in each of the

respective plans and are not reserved only for NEOs. The payments below are in addition to the present value of the

accumulated benefits from each NEO's qualified and nonqualified pension plans shown in the "Pension Benefits" table on page

[66](#i3c04a6fdbc9d4372929e3081226ac45f_87094) and the aggregate balance due to each NEO that is shown in the Nonqualified Deferred Compensation Plan table above.

For purposes of the following table, the Company describes these terminations and potential payments:

**Voluntary Separation or Termination for Cause** — A voluntary separation occurs when an executive voluntarily terminates

employment with the Company. A full career status retirement receives different treatment, as discussed below. A

termination for cause occurs when an executive is dismissed from employment by the Company for cause, which is

considered to include, but is not limited to, the executive's gross negligence, willful misconduct, or violation of state or

federal securities laws. Under each of these scenarios, the executive generally forfeits all outstanding equity awards and is

not eligible for any award or payment under the STIP.

**Executive Severance Program** — A separation occurs when an executive's position is eliminated, or the Company and an

executive agree to mutually end the employment relationship. An executive will be eligible to receive a severance payment

from the Company calculated based on his or her position and reflected as a multiple of salary, Consolidated Omnibus

Budget Reconciliation Act of 1985 ("COBRA") premiums, and a STIP award at target. An executive may receive cash

payments of the value of the equity awards that are scheduled to vest within the next year after separation at the time of

vesting. Unvested stock options are usually forfeited. An executive is also eligible for outplacement assistance based on

position. All potential payments are contingent upon the executive entering into a mutual separation agreement.

**Full Career Status Retirement** — A full career status retirement occurs when an executive reaches the age of 55 with 10 or

more years of continuous service with the Company, or reaches the age of 62 or older, at which time the executive

voluntarily separates from the Company. An executive who enters into a separation or severance agreement cannot also

elect full career status retirement.

In the event of a full career status retirement, the executive is generally eligible for a prorated STIP award based on his or

her retirement date in the performance year and once final performance has been determined. RSUs granted in the year

of the retirement date are prorated based on the retirement date and continue to vest in accordance with the vesting

schedule. RSUs granted prior to the year of the retirement date will continue to vest in accordance with the vesting

schedule. PSUs granted in the year of the retirement date are prorated based on the retirement date, and will be adjusted for

final Company performance and be settled following approval of such performance. PSUs granted prior to the year of the

retirement date will remain outstanding until the end of the performance period, at which time they will be adjusted for final

Company performance and be settled following approval of such performance. Stock options granted in the year of the

retirement date are prorated based on the retirement date, and continue to vest in accordance with the vesting schedule.

Stock options granted prior to the year of the retirement date will continue to vest in accordance with the vesting schedule.

**Disability** — Disability occurs when an executive terminates employment by reason of his or her inability to engage in any

gainful activity due to a medically determinable physical or mental impairment that can be expected to result in death or can

be expected to last for a continuous period of not less than 12 months. The executive is eligible for a full-year STIP award

related to the year in which termination occurs once final Company performance has been determined. RSUs will continue to

vest in accordance with the vesting schedule. PSUs will remain outstanding until the end of the performance period, at which

time they will be adjusted for final Company performance and be settled following approval of such performance.

Stock options will continue to vest in accordance with the vesting schedule.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **71** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Death** — Following the death of an executive, the beneficiary of the executive is eligible to receive the full-year STIP award

subject to adjustment for final Company performance. RSUs immediately vest in full and are settled within 90 days of death.

PSUs will remain outstanding until the end of the performance period, at which time they will be adjusted for final Company

performance and be settled following approval of such performance. Stock options immediately vest upon death.

**Change in Control (Double Trigger)** — In the event of a termination of employment resulting from a change in control, an

executive will be eligible for severance under the Executive Severance Program that provides a severance payment based

on position and a multiple of salary and COBRA premiums. An executive will also receive a STIP award at target and the STIP

award for the prior year if such award has been determined but not paid. If the STIP award for the prior year has not been

determined, the award shall be determined at target and paid. All RSU awards will generally vest and become payable

immediately prior to the change in control. For PSUs, the performance period will end immediately prior to the change in

control and awards will be determined based on actual performance and converted to a time-based award. Stock options

immediately vest, are exercisable upon termination as a result of a change in control, and remain exercisable until the earlier

of the expiration of its full specified term or the first anniversary date of such termination.

---

| | |
|:---|:---|
| **72** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

Amounts shown below are calculated by assuming that the relevant employment termination event occurred on

December 31, 2025.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Compensation**<br>**Element**<sup>(1)(2)(3)</sup><br>| **Voluntary**<br>**Separation or**<br>**Termination**<br>**for Cause**<br>**($)**<br>| **Executive**<br>**Severance**<br>**Program**<br>**($)**<br>| **Retirement**<sup>(4)</sup><br>**($)**<br>| **Disability**<br>**($)**<br>| **Death**<br>**($)**<br>| **Change in**<br>**Control with**<br>**Termination**<br>**($)**<br>|
| **Mary T. Barra** | Cash |  | 4250322 |  |  |  | 4235322 |
| **Mary T. Barra** | STIP |  | 4200000 | 4956000 | 4956000 | 4956000 | 4200000 |
| **Mary T. Barra** | LTIP |  | 53724315 | 116904099 | 116904099 | 116904099 | 116904099 |
| **Mary T. Barra** | **Total** | **—** | **62174637** | **121860099** | **121860099** | **121860099** | **125339421** |
| **Paul A. Jacobson** | Cash |  | 1840081 |  |  |  | 1825081 |
| **Paul A. Jacobson** | STIP |  | 1500000 |  | 1770000 | 1770000 | 1500000 |
| **Paul A. Jacobson** | LTIP |  | 23114197 |  | 53682873 | 53682873 | 53682873 |
| **Paul A. Jacobson** | **Total** | **—** | **26454278** | **—** | **55452873** | **55452873** | **57007954** |
| **Mark L. Reuss** | Cash |  | 2074061 |  |  |  | 2059061 |
| **Mark L. Reuss** | STIP |  | 1687500 | 1991250 | 1991250 | 1991250 | 1687500 |
| **Mark L. Reuss** | LTIP |  | 38387928 | 82745222 | 82745222 | 82745222 | 82745222 |
| **Mark L. Reuss** | **Total** | **—** | **42149489** | **84736472** | **84736472** | **84736472** | **86491783** |
| **Sterling J.** <br>**Anderson** | Cash |  | 1535631 |  |  |  | 1520631 |
| **Sterling J.** <br>**Anderson** | STIP |  | 1250000 |  | 1475000 | 1475000 | 1250000 |
| **Sterling J.** <br>**Anderson** | LTIP |  | 15605470 |  | 54229055 | 54229055 | 54229055 |
| **Sterling J.** <br>**Anderson** | **Total** | **—** | **18391101** | **—** | **55704055** | **55704055** | **56999686** |
| **Rory V. Harvey** | Cash |  | 1321926 |  |  |  | 1306926 |
| **Rory V. Harvey** | STIP |  | 1062500 | 1253750 | 1253750 | 1253750 | 1062500 |
| **Rory V. Harvey** | LTIP |  | 16833937 | 38960541 | 38960541 | 38960541 | 38960541 |
| **Rory V. Harvey** | **Total** | **—** | **19218363** | **40214291** | **40214291** | **40214291** | **41329967** |

---

<sup>(1)</sup> Cash amounts shown for Executive Severance Program are based on (i) involuntary termination due to role elimination as a result of a

reduction in force or a reorganization or a staffing reduction not in connection with a Change in Control or (ii) a mutual agreement to

terminate employment not in connection with a Change in Control, and Change in Control with Termination is based on severance pay

under the Executive Severance Program. Payments include 2X salary for the CEO and 1.5X salary for all other NEOs. Under the Executive

Severance Program, the CEO is eligible for a cash payment equal to 24 months of COBRA premiums and the other NEOs are eligible for a

cash payment equal to 18 months of COBRA premiums. There are no cash payments due upon Voluntary Separation or Termination for

Cause, Retirement, Disability, or Death.

<sup>(2)</sup> STIP amounts shown under Retirement, Disability, and Death are based on final Company performance. STIP amounts shown for

Executive Severance Program and Change in Control with Termination reflect target-level performance. Executives forfeit STIP awards

for Voluntary Separation or Termination for Cause.

<sup>(3)</sup> LTIP amounts shown reflect the value of any unvested RSU awards, PSU awards, and stock options that may vest upon termination. The

value of the awards is based on the closing price of GM common stock on December 31, 2025, of $81.32. Under the Executive Severance

Program, structure equity awards are delivered in cash once vested; the value displayed reflects the value of awards that would be

subject to payment based on awards outstanding as of December 31, 2025.

<sup>(4)</sup> Ms. Barra, Mr. Reuss, and Mr. Harvey were eligible for full career status retirement as of December 31, 2025.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **73** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**CEO Pay Ratio** 

Our CEO, who leads our global workforce of 155,000 employees (94,000 located in the United States and 61,000 non-U.S.

employees) as of December 31, 2025, earned $29,895,868 in total compensation in 2025 as reported in the Summary

Compensation Table.

To identify our new median employee for 2025, we:

**1.**Excluded all employees (5,469) in the following 28 countries under the SEC's 5 percent de minimis exemption: Argentina

(913), Australia (200), Chile (202), China (734), Colombia (411), Ecuador (81), Egypt (595), France (20), Germany (108),

India (335), Indonesia (8), Ireland (356), Israel (347), Italy (1), Japan (37), New Zealand (21), Peru (41), Philippines (607),

Singapore (3), South Africa (4), Sweden (8), Switzerland (126), Taiwan (9), Thailand (41), United Arab Emirates (194),

United Kingdom (54), Uruguay (7), and Uzbekistan (6);

**2.**Calculated year-to-date payroll as of November 1, 2025, for all employees excluding the CEO;

**3.**Identified the middle 51 employees using year-to-date payroll converted to U.S. dollars as a consistently applied

compensation measure;

**4.**Calculated annual total compensation for the 51 middle employees based on the same SEC requirements that apply to

determine total compensation in the Summary Compensation Table; and

**5.**Re-ranked all middle 51 employees and selected the median employee.

At GM, we believe that fair and equitable pay is an essential element of any successful organization, and we invest in our

employees with market-competitive pay and benefits. We compensate our employees to create alignment with the

short-term and long-term goals tied to the success of the Company.

Based on our calculation, we can reasonably estimate that our median employee earned $89,785 in 2025. The ratio of our

CEO's compensation to that of our median employee is estimated to be 333:1.

The rules outlined by the SEC for identifying the median employee and calculating the pay ratio based on that employee's

annual total compensation allow companies to adopt a variety of methodologies to calculate the median employee,

excluding up to 5 percent of the workforce, and make reasonable estimates and assumptions that may impact their

employee populations. As a result, the pay ratio reported by other companies may not be comparable to the pay ratio

reported above. Other companies have different employee populations, compensation practices, and the ability to utilize

different methodologies, exclusions, estimates, and assumptions in calculating their own pay ratios.

---

| | |
|:---|:---|
| **74** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Pay Versus Performance** 

Pursuant to Item 402(v) of Regulation S-K, we are providing the following information about the relationship between

Compensation Actually Paid ("CAP") for the Company's CEO and non-CEO NEOs as a group and certain aspects of the

financial performance of the Company. The CAP values disclosed do not reflect the actual amount of compensation paid to

our NEOs during the applicable year. The Compensation Committee does not utilize CAP as a basis for making compensation

decisions. For information regarding compensation decisions made by our Compensation Committee, refer to the

"Compensation Discussion and Analysis" section beginning on page [42](#idd7ec7bd38b646a0a19839f0dfb7e9b4_100).

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Year** | **Summary**<br>**Compensation**<br>**Table Total**<br>**for CEO**<sup>(1)</sup><br>**($)** | **CAP to CEO**<sup>(3)</sup><br>**($)**  | **Average**<br>**Summary**<br>**Compensation**<br>**Table Total**<br>**for Non-CEO**<br>**NEOs**<sup>(2)</sup><br>**($)** | **Average CAP**<br>**to Non-CEO**<br>**NEOs**<sup>(3)</sup><br>**($)**  | **Value of Initial Fixed $100**<br>**Investment Based On:** | **Value of Initial Fixed $100**<br>**Investment Based On:** | **Net** <br>**Income**<sup>(6)</sup><br>**($B)** | **EBIT-**<br>**adjusted**<sup>(7)</sup><br>**($B)** |
| **Year** | **Summary**<br>**Compensation**<br>**Table Total**<br>**for CEO**<sup>(1)</sup><br>**($)** | **CAP to CEO**<sup>(3)</sup><br>**($)**  | **Average**<br>**Summary**<br>**Compensation**<br>**Table Total**<br>**for Non-CEO**<br>**NEOs**<sup>(2)</sup><br>**($)** | **Average CAP**<br>**to Non-CEO**<br>**NEOs**<sup>(3)</sup><br>**($)**  | **TSR**<sup>(4)</sup><br>**($)**<br>| **Peer Group**<br>**TSR**<sup>(5)</sup><br>**($)**<br>| **Net** <br>**Income**<sup>(6)</sup><br>**($B)** | **EBIT-**<br>**adjusted**<sup>(7)</sup><br>**($B)** |
| 2025 | 29895868 | 87783000 | 20806506 | 49661698 | 202 | 149 | 2.780 | 12.747 |
| 2024 | 29496637 | 65519064 | 12772607 | 20502315 | 131 | 121 | 5.963 | 14.934 |
| 2023 | 27847405 | 21715743 | 15245310 | 12490596 | 88 | 113 | 9.840 | 12.357 |
| 2022 | 28979570 | (16991516) | 10539930 | (2724335) | 81 | 85 | 9.708 | 14.474 |
| 2021 | 29136780 | 76096506 | 9982519 | 19443928 | 141 | 125 | 9.945 | 14.295 |

---

<sup>(1)</sup> Ms. Barra served as our CEO in all years presented above.

<sup>(2)</sup> Non-CEO NEOs in 2025 included Messrs. Jacobson, Reuss, Anderson, and Harvey. Non-CEO NEOs in 2024 included Messrs. Jacobson,

Reuss, Abbott (former Executive Vice President, Software), Glidden (Former Executive Vice President), and Harvey. Non-CEO NEOs in

2023 included Messrs. Jacobson, Reuss, Abbott, and Glidden. Non-CEO NEOs in 2022 and 2021 included Messrs. Jacobson, Reuss, Parks

(former Executive Vice President, Global Product Development, Purchasing and Supply Chain), and Carlisle (former Executive Vice

President and President, North America).

<sup>(3)</sup> Reflects CAP values computed in accordance with Item 402(v) of Regulation S-K and FASB ASC Topic 718.

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2025** | **2025** | **2024** | **2024** | **2023** | **2023** | **2022** | **2022** | **2021** | **2021** |
|  | **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>| **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>| **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>| **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>| **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>|
| SCT Total | 29895868 | 20806506 | 29496637 | 12772607 | 27847405 | 15245310 | 28979570 | 10539930 | 29136780 | 9982519 |
| Less: Change <br>in Actuarial <br>Present Value <br>Reported in <br>the "Change in <br>Pension Value <br>and NQ <br>Deferred <br>Compensation <br>Earnings" <br>Column of the <br>SCT<br>|  | (52463) |  |  |  | (5554) |  |  |  |  |
| Plus: Service <br>Cost for <br>Pension Plans<br>|  |  |  |  |  |  |  |  |  |  |
| Less: Amount <br>Reported in <br>the "Stock <br>Awards" <br>Column of the <br>SCT<br>| (21623970) | (16980455) | (19500028) | (9735018) | (14625000) | (10139445) | (14625000) | (5470294) | (14582198) | (5069059) |
| Plus: Year-end <br>Fair Value of <br>Outstanding <br>and Unvested <br>Stock Awards <br>Granted in the <br>Covered Year<br>| 41260346 | 31270186 | 31206150 | 11962345 | 11941185 | 8866850 | 8629590 | 3227799 | 18914281 | 6574982 |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **75** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2025** | **2025** | **2024** | **2024** | **2023** | **2023** | **2022** | **2022** | **2021** | **2021** |
|  | **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>| **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>| **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>| **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>| **CEO** | **Average**<br>**Non-CEO**<br>**NEOs** <br>|
| Change in Fair <br>Value of <br>Outstanding <br>and Unvested <br>Stock Awards <br>Granted in <br>Prior Years<br>| 38037422 | 14469725 | 20123276 | 7028593 | (5416604) | (1411612) | (25258220) | (7683634) | 25646494 | 5307302 |
| Change in Fair <br>Value of Stock <br>Awards that <br>Vested in the <br>Covered Year<br>| (1598390) | (409103) | 465889 | 557210 | 3397165 | 583155 | (4942601) | (732230) | 5626432 | 646960 |
| Less: Fair <br>Value of Stock <br>Awards <br>Forfeited <br>During the <br>Covered Year<br>|  |  |  | (3150411) |  |  |  |  |  |  |
| Less: Amount <br>Reported in <br>the "Option <br>Awards" <br>Column of the <br>SCT<br>|  |  |  |  | (4875013) | (1796486) | (4875010) | (1823438) | (3937507) | (1368752) |
| Plus: Year-end <br>Fair Value of <br>Outstanding <br>and Unvested <br>Option Awards <br>Granted in the <br>Covered Year<br>|  |  |  |  | 3155717 | 1162910 | 2584980 | 966880 | 3694210 | 1284177 |
| Change in Fair <br>Value of <br>Outstanding <br>and Unvested <br>Option Awards <br>Granted in <br>Prior Years<br>| 2619355 | 776147 | 3374009 | 973138 | (774417) | (213916) | (5055582) | (1267702) | 6628520 | 1281139 |
| Change in Fair <br>Value of <br>Option Awards <br>that Vested in <br>the Covered <br>Year<br>| (807631) | (218845) | 353131 | 93851 | 1065305 | 199384 | (2429243) | (481646) | 4969494 | 804660 |
| Less: Fair <br>Value of <br>Option Awards <br>Forfeited <br>During the <br>Covered Year<br>|  |  |  |  |  |  |  |  |  |  |
| **CAP Total** | 87783000 | 49661698 | 65519064 | 20502315 | 21715743 | 12490596 | (16991516) | (2724335) | 76096506 | 19443928 |

---

<sup>(4)</sup> Represents the cumulative TSR of the Company of an initial investment of $100 for the measurement period beginning

December 31, 2020, and ending December 31, 2025, 2024, 2023, 2022, or 2021, respectively, calculated in accordance with Item 201(e)

of Regulation S-K as required under Item 402(v) of Regulation S-K.

<sup>(5)</sup> Represents the cumulative TSR of the Dow Jones Automobiles & Parts Titans 30 Index (the "Peer Group TSR") of an initial investment of

$100 for the measurement period beginning December 31, 2020, and ending December 31, 2025, 2024, 2023, 2022, or 2021,

respectively, calculated in accordance with Item 201(e) of Regulation S-K as required under Item 402(v) of Regulation S-K.

<sup>(6)</sup> Reflects net income as shown in the Company's Annual Report on Form 10-K for the years ended December 31, 2025, 2024, 2023, 2022,

and 2021.

<sup>(7)</sup> Reflects EBIT-adjusted, the Company-selected measure for 2025, as shown in the Company's Annual Report on Form 10-K for the year

ended December 31, 2025. Refer to Appendix A for a reconciliation of EBIT-adjusted to its closest comparable GAAP measure. Please

note EBIT-adjusted may not have been the Company-selected measure in previous years, and we may determine a different measure to

be the Company-selected measure in future years.

---

| | |
|:---|:---|
| **76** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

---

| |
|:---|
| **Tabular List of Most-Important Measures** |
| EBIT-adjusted |
| EBIT-adjusted Margin |
| Relative TSR |

---

**Relationship Between CAP Disclosed in the Pay Versus** 

**Performance Table and Other Table Elements**

**CAP vs. TSR Performance**

![3060](gm-20260420_g130.gif)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| ![02_GM_Stylesheet_Legend1.jpg](gm-20260420_g131.jpg)<br>| CAP to CEO | ![02_GM_Stylesheet_Legend2a.jpg](gm-20260420_g132.jpg)<br>| Avg. CAP to Non-CEO NEOs | ![02_GM_PVP_TSR.jpg](gm-20260420_g133.jpg) | Co. TSR | ![02_GM_PVP_Group TSR.jpg](gm-20260420_g134.jpg) | Peer Group TSR |

---

**CAP vs. Net Income and EBIT-adjusted**

![3101](gm-20260420_g135.gif)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| ![02_GM_Stylesheet_Legend1.jpg](gm-20260420_g131.jpg)<br>| CAP to CEO | ![02_GM_Stylesheet_Legend2a.jpg](gm-20260420_g132.jpg)<br>| Avg. CAP to Non-CEO NEOs | ![02_GM_PVP_TSR.jpg](gm-20260420_g133.jpg) | Net Income | ![02_GM_PVP_Group TSR.jpg](gm-20260420_g134.jpg) | EBIT-adj |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **77** |

---

**ITEM 3 Proposal to Approve, on an Advisory Basis, Named Executive Officer Compensation**

**Equity Compensation Plan Information**

The following table provides information as of December 31, 2025 about the Company's common stock that may be issued

upon the exercise of options, warrants, and rights under all the Company's equity compensation plans.

---

| | | | |
|:---|:---|:---|:---|
| **Plan Category** | **Number of Securities to**<br> **be Issued Upon Exercise**<br> **of Outstanding Options,**<br> **Warrants, and Rights (A)** | **Weighted-Average**<br>**Exercise Price of**<br> **Outstanding**<br> **Options, Warrants,**<br> **and Rights (B)**<sup>(1)</sup> | **Number of Securities**<br> **Remaining Available for**<br> **Future Issuance Under**<br> **Equity Compensation Plan**<br> **(excluding securities**<br>**reflected in column (A)) (C)** |
| Equity compensation plans approved by <br>security holders<br>| 24620094<br><sup>(2)</sup> | $43.66 | 36567023<br><sup>(3)</sup> |
| Equity compensation plans not approved <br>by security holders<br>|  |  |  |
| Total | 24620094 | $43.66 | 36567023 |

---

<sup>(1)</sup> Represents the weighted-average exercise price of outstanding options. The weighted-average price does not take RSU and PSU awards

into account since they do not have exercise prices.

<sup>(2)</sup> The number includes the following:

<sup>(a)</sup>5,434,900 shares represent options.

<sup>(b)</sup>12,299,528 shares represent PSU awards assuming performance is achieved at target. For performance above target, awards may be

settled in common stock, cash, or a combination of both.

<sup>(c)</sup>6,885,666 shares represent RSUs.

The number represents outstanding awards under our 2020 Long-Term Incentive Plan and the Company's predecessor plans. As of

December 31, 2025, there are no outstanding awards under our 2014 Long-Term Incentive Plan and the only outstanding awards under

our 2017 Long-Term Incentive Plan are vested and unexercised options.

<sup>(3)</sup> New awards are currently granted under our 2020 Long-Term Incentive Plan, effective June 17, 2020, when the plan was approved by

our shareholders. Shares that remained available for issuance under the Company's predecessor plans were only used to settle

outstanding awards that were granted under such plans prior to June 17, 2020. Any shares that remained available for issuance under a

predecessor plan will not be used and have been excluded.

The following table provides information about the Company's common stock usage for awards granted and performance

awards vested/earned during fiscal year 2025 under the Company's equity compensation plan.

---

| | | |
|:---|:---|:---|
|  | **Granted** | **Performance Awards**<br> **Vested/Earned**<br>|
| RSUs | 4,500,000 |  |
| PSUs | 4,100,000 | 4,100,000 |

---

---

| | |
|:---|:---|
| **78** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

ITEM 4<br>

**Proposal to Approve, on an Advisory Basis, the** 

**Frequency of Future Advisory Votes on Named** 

**Executive Officer Compensation**

**Summary of Amendment**

The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that shareholders be given the opportunity to

vote, on a non-binding advisory basis, on the future frequency of advisory votes on the compensation of our NEOs. When

voting on this proposal, shareholders may indicate their preference for conducting future advisory votes to approve the

compensation of NEOs once every one, two, or three years. Shareholders also may abstain from casting a vote on

this proposal.

Our Board of Directors believes that an annual advisory vote to approve the compensation of the NEOs will allow our

shareholders to provide timely, direct input on the Company's executive compensation philosophy, policies, and practices

disclosed in the Proxy Statement each year. The vote is advisory, which means that the vote is not binding on the Company,

our Board of Directors, or the Compensation Committee.

We are asking shareholders to vote in favor of the following resolution:

RESOLVED, that the shareholders determine, on an advisory basis, that the preferred frequency of an advisory vote to

approve the compensation of the Company's named executive officers as set forth in the Company's Proxy Statement

should be every year.

Shareholders will be able to specify one of four choices for this proposal on the proxy card: one year, two years, three years,

or abstain. Although the vote on this item is non-binding, the Board of Directors and the Compensation Committee value the

opinions of our shareholders and will consider the outcome of the vote when determining how often to submit an advisory

vote on compensation for NEOs to our shareholders.

---

| | |
|:---|:---|
| ![02_GM_Stylesheet_Checkmark.jpg](gm-20260420_g38.jpg)<br>| The Board recommends a vote **FOR** the option of one year as the preferred frequency for a <br>shareholder advisory vote to approve named executive officer compensation.<br>|

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **79** |

---

ITEM 5<br>

**Proposal to Approve Amendment No. 2 to the** 

**Company**'**s 2020 Long-Term Incentive Plan to** 

**Increase the Number of Shares Available for** 

**Issuance Thereunder**

**Summary of Amendment**

The Board recommends shareholders vote for the approval of Amendment No. 2 to the 2020 Long-Term Incentive Plan, as

amended by Amendment No. 1 (the "2020 Long-Term Incentive Plan" or the "2020 LTIP") ("Amendment No. 2"), which

increases by 27 million the number of shares available for issuance thereunder. Multi-year equity awards are an essential

component of our performance-based compensation programs and are vital for attracting, retaining, and rewarding the

talent we need to deliver long-term results to our shareholders. This request for additional shares will enable continued

grants to our executives and allow for the expansion of equity awards to select non-executive employees with certain

technical skills.

In June 2020, our shareholders approved the 2020 LTIP with 50 million shares of the Company's common stock. In June

2023, shareholders approved Amendment No. 1 which added 27 million more shares. As of February 28, 2026,

approximately 28.7 million shares remain available for issuance under the 2020 LTIP and 20.4 million shares are subject to

outstanding awards across all the Company's equity incentive plans, representing 5.4% of the common stock outstanding as

of the record date on a fully diluted basis (the "Overhang Percentage"). The 27 million shares requested under Amendment

No. 2 would increase the Overhang Percentage to approximately 8.4%. We anticipate the requested shares under

Amendment No. 2, together with the remaining shares available for issuance under the 2020 LTIP, to be sufficient for

approximately three years with the actual duration dependent on factors such as changes in employee headcount, future

forfeitures and cancellations, and the Company's stock price. As of the record date, our common stock on the NYSE closed

at $73.43 per share. We plan to seek shareholder approval of our equity plan on a periodic basis to confirm continued

shareholder support of its terms.

When determining the number of requested shares under Amendment No. 2, we considered several factors, namely

projected future equity needs, the types of awards that may be granted, potential dilution, and the number of shares

currently remaining under the 2020 LTIP, as well as market trends and investor perspectives. Our Board and Compensation

Committee carefully considered our future equity needs given the increasingly competitive labor market in which we

compete for top-tier talent, especially for technical talent. While our past practice has typically been to grant equity awards

to our executives, going forward, we anticipate extending awards further into the Company and granting to select non-

executive employees with certain technical skills in key areas as we pursue our strategic priorities.

Considering our anticipated future equity needs, our equity compensation practices (including our historical three-year

average burn rate which is less than 1%), and the advice of Semler Brossy, the Committee's independent consultant, we

believe the 27 million requested shares under Amendment No. 2 represents a reasonable amount of incremental potential

equity dilution and we are mindful of our responsibility to shareholders to thoughtfully manage these awards. These

additional shares will allow for the continued issuance of equity awards, as approved by the Compensation Committee, in

alignment with the best interests of the Company and our shareholders.

---

| | |
|:---|:---|
| **80** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

Upon approval, Amendment No. 2, which is attached as Appendix B, will become effective on June 3, 2026 and will:

• Increase the overall number of shares available for issuance under the 2020 LTIP by 27 million;

• Increase the number of shares available for issuance pursuant to incentive stock option awards under the 2020 LTIP by

that same 27 million; and

• Extend the expiration date of the 2020 LTIP to June 3, 2036.

We intend to file with the SEC a registration statement on Form S-8 covering the additional shares requested under

Amendment No. 2.

If our shareholders do not approve Amendment No. 2, the 2020 LTIP will remain in effect in accordance with its terms,

subject to its existing expiration date, and eventually there will be insufficient shares available to grant new awards. This

would impact the Company and our compensation programs as the Compensation Committee would no longer be able to use

equity awards to attract, retain, and reward the talented employees we need to deliver long-term results to

our shareholders.

---

| | |
|:---|:---|
| ![02_GM_Stylesheet_Checkmark.jpg](gm-20260420_g38.jpg)<br>| The Board recommends a vote **FOR** the approval of Amendment No. 2 to the Company's 2020 <br>Long-Term Incentive Plan to increase the number of shares available for issuance thereunder<br>|

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **81** |

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

**Key Features of the 2020 LTIP that Protect Shareholders' Interests** 

The 2020 LTIP contains key features that protect shareholders' interests and align to our compensation principles and

practices discussed in the Compensation Discussion and Analysis:

• **No "Evergreen" Provisions –** The 2020 LTIP does not allow for automatic increases in the number of shares available

under the plan.

• **No Repricing of Stock Options or Stock Appreciation Rights ("SARs") –** The repricing of stock options or SARs, or any

other action that has the effect of reducing the exercise price of stock options or SARs, including voluntary surrender and

re-grant, or the exchange of underwater stock options or SARs for cash or any other security, is prohibited without

shareholder approval (other than adjustments in connection with a corporate transaction or restructuring).

• **No Discounted Stock Options or SARs –** The 2020 LTIP prohibits granting stock options or SARs with an exercise price

less than the fair market value of GM common stock on the date of grant.

• **No Recycling of Shares –** Shares surrendered or withheld in payment for any grant, purchase, exercise price of an award

or taxes related to an award, and shares repurchased in the open market using stock option proceeds will not again

become available for grant.

• **No Payment of Dividend Equivalents until Awards are Earned –** Restricted stock, RSUs, performance awards, and other

stock-based awards will only receive dividend equivalent payments once awards are earned and settled. Stock options

and SARs are generally not eligible for dividend equivalents.

• **Minimum Vesting Periods –** Generally, no stock options or SARs will vest prior to the first anniversary of the vesting

commencement date. Restricted stock, RSUs, and performance awards will generally vest over a period of not less than

three years from the vesting commencement date.

• **Double-Trigger Change in Control –** Awards that are continued or converted into similar awards of the successor

company will not accelerate vesting based solely on a change in control, and gross-ups are not provided to cover personal

income taxes or excise taxes.

• **Clawback / Recoupment –** In order to align incentives with the interests of shareholders and further encourage

responsible decision making on the part of our executives, any awards granted under the 2020 LTIP are subject to the

Company's clawback and cancellation policies.

**Eligibility and Participation under the 2020 LTIP**

All employees (approximately 155,000 as of December 31, 2025) are eligible to receive awards under the 2020 LTIP. Our

past practice has typically been to grant equity awards to our executive population (which includes our seven executive

officers) and represents approximately 1% of our global workforce. Going forward, we anticipate granting equity awards to

select non-executive employees with certain technical skills in key areas as we pursue our strategic priorities.

Ten non-employee directors are eligible to receive awards under the 2020 LTIP, subject to an annual limit of $750,000 per

director for awards granted plus cash fees paid for service as a member of the Board. No awards have previously been

granted nor are planned at this time for our non-employee directors. The 2020 LTIP also allows awards to be granted to

certain Company consultants and advisors, although none have received awards in the past nor are they expected to receive

them in the future.

---

| | |
|:---|:---|
| **82** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

**Potential Equity Dilution and Historical Annual Share Usage**

While equity awards are an important part of our performance-based compensation programs, we are mindful of the dilution

impact on our shareholders and our responsibility to exercise judgment in granting these awards. The table below provides a

summary of outstanding awards and shares available as of December 31, 2025 and February 28, 2026.

---

| | | |
|:---|:---|:---|
|  | **As of**<br>**December 31, 2025** | **As of**<br>**February 28, 2026** |
| Outstanding Stock Options under the Plans  | 5400000 | 4200000 |
| *Vested and Unexercised*  | *4300000* | *4200000* |
| *Unvested*  | *1100000* | *0* |
| Weighted Average Exercise Price of Outstanding Stock Options  | $43.66 | $43.92 |
| Weighted Average Remaining Term of Outstanding Stock Options  | 5.65 | 5.49 |
| Outstanding Full Value Awards under the Plans  | 19200000 | 16200000 |
| *PSUs (at target)*  | *12300000* | *9000000* |
| *RSUs*  | *6900000* | *7200000* |
| Total Outstanding Awards under the Plans<sup>(1)</sup> | 24600000 | 20400000 |
| Shares Available under the Plans<sup>(2)</sup> | 36600000 | 28700000 |

---

<sup>(1)</sup> Represents outstanding awards under the 2020 LTIP and vested and unexercised options under our 2017 Long-Term Incentive Plan.

<sup>(2)</sup> New awards are currently granted under our 2020 LTIP, effective June 17, 2020, when the plan was approved by our shareholders.

Shares that remained available for issuance under the Company's predecessor plans were only used to settle outstanding awards that

were granted under such plans prior to June 17, 2020. Any shares that remained available for issuance under a predecessor plan will not

be used and have been excluded.

**Overhang Percentage** — The total potential equity dilution, including the shares requested under Amendment No. 2, would

be approximately 8.4% on a fully diluted basis.

---

| | |
|:---|:---|
| ATotal Outstanding Awards under the Plans (*as of February 28, 2026*) | 20400000 |
| BShares Available under the Plans (*as of February 28, 202*6) | 28700000 |
| CShares Requested under Amendment No. 2 | 27000000 |
| DGM Common Stock Outstanding (*as of the Record Date*) | 901656578 |
| Overhang Percentage [ (A + B + C) / D ]  | 8.4% |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **83** |

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

**Share Usage** — The annual share usage under the Company's equity incentive plans for the last three fiscal years is

presented below. The features of these plans are discussed further in Note 22, "Stock Incentive Plans," to the Consolidated

Financial Statements in our 2025 Form 10-K.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **2025** | **2024** | **2023** | **Three-**<br>**Year**<br>**Average**<br>|
| AFull Value Awards Granted During Fiscal Year  | 8600000 | 10000000 | 9850000 |  |
| *PSUs Granted (at target)*  | 4100000 | 4300000 | 7200000 |  |
| *RSUs Granted*  | 4500000 | 5700000 | 2650000 |  |
| BStock Options Granted During Fiscal Year  |  |  | 4450000 |  |
| *Timed-Based Stock Options Granted* |  |  | 4450000 |  |
| *Performance Stock Options Granted* |  |  |  |  |
| CTotal Awards Granted During Fiscal Year [A + B] | 8600000 | 10000000 | 14300000 |  |
| DBasic Weighted-Average GM Common <br>Stock Outstanding <br>| 955000000 | 1115000000 | 1364000000 |  |
| Burn Rate Including Performance Awards <br>Granted [C / D]<br>| 0.9% | 0.9% | 1.0% | 0.9% |
| Burn Rate Including Performance Awards <br>Vested/Earned [C<sup>(1)</sup> / D]<br>| 0.9% | 0.7% | 1.0% | 0.9% |

---

<sup>(1)</sup> Awards with performance conditions include PSUs, and the following table details the amounts granted and vested or earned in the last

three fiscal years:

---

| | |
|:---|:---|
|  | **Number of**<br>**PSUs**<br>|
| **2025** |  |
| Granted  | 4,100,000 |
| Vested or Earned  | 4,100,000 |
| **2024** |  |
| Granted  | 4,300,000 |
| Vested or Earned  | 2,400,000 |
| **2023** |  |
| Granted  | 7,200,000 |
| Vested or Earned  | 6,100,000 |

---

---

| | |
|:---|:---|
| **84** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

**Summary of the 2020 LTIP**

The principal features of the 2020 LTIP, as proposed to be amended, are summarized below. The following summary does

not purport to be a complete description of all the provisions of the 2020 LTIP. It is qualified in its entirety by reference to

the complete text of Amendment No. 2 as set forth in Appendix B, Amendment No. 1, which was filed as Appendix B to our

2023 Proxy Statement, and the full text of the 2020 LTIP which was filed as Appendix B to our 2020 Proxy Statement, each

of which is available at <u>investor.gm.com</u> or on the SEC's website at <u>www.sec.gov</u>.

---

| | |
|:---|:---|
| **Key Provisions** | **Description**  |
| **Eligible Participants** | Officers, employees, consultants, advisors, and non-employee directors who are <br>designated by the Compensation Committee to participate in the 2020 LTIP.<br>|
| **Shares Subject to Plan** | The 2020 LTIP initially authorized a pool of 50 million shares of common stock when it <br>was approved by our shareholders effective June 17, 2020. Amendment No. 1 was <br>approved by our shareholders effective June 21, 2023 which authorized an additional 27 <br>million shares for issuance. If Amendment No. 2 is approved by our shareholders, an <br>additional 27 million shares of our common stock will be authorized for issuance under the <br>2020 LTIP effective June 3, 2026, from which stock options, SARs, restricted stock, RSUs, <br>performance awards, and other stock-based awards may be granted. The maximum <br>number of shares that may be issued as incentive stock options shall not exceed the sum <br>of the currently authorized share pool plus the shares requested under Amendment No. 2.<br>|
| **Plan Administration**  | The 2020 LTIP is administered by the Compensation Committee, which has the authority <br>to: designate the eligible individuals who will receive awards; determine the type, amounts <br>and terms and conditions of awards (including vesting terms); determine amounts payable <br>that may be deferred; interpret and administer the 2020 LTIP; prescribe the form of award <br>documentation under the 2020 LTIP; establish, amend, suspend, or waive any rules and <br>regulations under the 2020 LTIP; and make any other determinations or take any other <br>actions to administer the 2020 LTIP. Subject to the limits established by the <br>Compensation Committee, the Compensation Committee may delegate to one or more <br>members of the Compensation Committee or officers of the Company (including the CEO) <br>the authority to grant awards and take other actions under the 2020 LTIP.<br>|
| **Award Types** | Stock options, SARs, restricted stock, RSUs, performance awards, other stock-based <br>awards, and cash incentive awards.<br>|
| **Stock Options and**<br>**SARs**<br>| The Compensation Committee is authorized to grant stock options to purchase shares of <br>common stock (including incentive stock options) and SARs, which provide the right to <br>receive a payment or a number of shares equal to the increase in value above the exercise <br>price. The exercise price of stock options and SARs may not be lower than the fair market <br>value of the underlying shares on the date of grant. The term of any stock option will not <br>be more than ten years and two days (or for SARs or incentive stock options, ten years) <br>from the date of grant.<br>|
| **Restricted Stock and**<br>**RSUs**<br>| The Compensation Committee is authorized to grant restricted stock and RSUs, which <br>provide the right to receive the value of the underlying shares, either in cash, shares, or a <br>combination thereof.<br>|
| **Performance Awards**  | The Compensation Committee is authorized to grant performance awards, which may be <br>denominated in cash, shares, units, or a combination thereof, to be earned upon the <br>achievement of performance conditions specified by the Compensation Committee.<br>|

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **85** |

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

---

| | |
|:---|:---|
| **Key Provisions** | **Description**  |
| **Performance Measures**  | A performance award may be subject to a formula established in advance based on the <br>achievement during the performance period of one or more of the following performance <br>criteria, expressed on an absolute or an adjusted basis, and which may be based on an <br>absolute or relative measure (*e.g.*, relative to the performance of other companies or <br>an index): <br>Asset turnover, cash flow, contribution margin, cost objectives, cost reduction, earnings <br>before interest and taxes, earnings before interest, taxes, depreciation and amortization, <br>earnings per share, economic value added, free cash flow, increase in customer base, <br>inventory turnover, liquidity, market share, net income, net income margin, operating cash <br>flow, operating profit, operating profit margin, pre-tax income, productivity, profit margin, <br>quality (internal or external measures), return on assets, return on net assets, return on <br>capital, return on invested capital, return on equity, revenue, revenue growth, stockholder <br>value, stock price, total shareholder return, warranty experience, and/or any other <br>objective or subjective measure determined by the Compensation Committee in its <br>sole discretion.<br>|
| **Adjustments** | With respect to the applicable performance period, if the Compensation Committee <br>determines that a change in the business, operations, corporate structure, or capital <br>structure of the Company, or the manner in which it conducts its business, or other events <br>or circumstances render the applicable performance measures unsuitable, the <br>Compensation Committee may in its discretion modify such performance objectives or the <br>related minimum acceptable level of achievement, in whole or part, as the Compensation <br>Committee deems appropriate and equitable.<br>|
| **Dividend Equivalent**<br>**Rights**<br>| Restricted stock, RSUs, performance awards, and other stock-based awards will generally <br>provide dividend equivalent rights, which will accrue and be paid upon vesting or <br>settlement of awards, provided that no dividend payments will be made with respect to <br>shares that are not ultimately earned and settled unless otherwise determined by the <br>Compensation Committee. Stock options and SARs will not be eligible for dividend <br>equivalent rights unless otherwise determined by the Compensation Committee.<br>|
| **Minimum Vesting**<br>**Period**<br>| Stock options and SARs: In general, no portion of an award is intended to vest prior to the <br>first anniversary of the vesting commencement date; however, the Compensation <br>Committee may provide for shorter vesting if appropriate under the circumstances.<br>Restricted Stock, RSUs, and Performance Awards: Awards will generally vest in whole or in <br>part over a period of not less than three years from the vesting commencement date; <br>however, the Compensation Committee may provide for shorter vesting if appropriate <br>under the circumstances.<br>|

---

---

| | |
|:---|:---|
| **86** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

---

| | |
|:---|:---|
| **Key Provisions** | **Description**  |
| **Effect of Termination of**<br>**Service**<br>| Except as otherwise provided for in an award agreement, or as the Compensation <br>Committee may determine in any individual case, a participant's outstanding awards will <br>be treated as set forth below upon his or her termination of service:<br>Death:<br>•Stock options and SARs immediately vest and remain exercisable until the earlier of <br>three years after death or the original expiration date.<br>•Restricted stock and RSUs vest and are settled within 90 days after death.<br>•Performance awards will have any service-based vesting waived, will be earned based <br>upon the achievement of the applicable performance conditions, and will be paid or <br>settled on the scheduled settlement date(s).<br>Disability: <br>•Stock options and SARs continue to vest and become exercisable in accordance with <br>the vesting schedule and remain exercisable until the original expiration date.<br>•Restricted stock and RSUs continue to vest and settle on the scheduled <br>settlement date(s).<br>•Performance awards will have any service-based vesting waived, will be earned based <br>upon the achievement of the applicable performance conditions, and will be paid or <br>settled on the scheduled settlement date(s).<br>Full Career Status Termination (age 55 or older with ten or more years of continuous <br>service or age 62 or older):<br>•Stock options and SARs continue to vest and become exercisable in accordance with <br>the vesting schedule and remain exercisable until the original expiration date; provided <br>that the amount of the award will be prorated if termination occurs prior to the <br>one-year anniversary of the grant.<br>•Restricted stock and RSUs continue to vest and settle on the scheduled settlement <br>date(s); provided that the amount of the award will be prorated if termination occurs <br>prior to the one-year anniversary of the grant.<br>•Performance awards will have any service-based vesting waived, will be earned based <br>upon the achievement of the applicable performance conditions, and will be paid or <br>settled on the scheduled settlement date(s); provided that the award will be prorated if <br>termination occurs within the first year of the performance period.<br>Other Terminations, including Termination Pursuant to an Approved Separation <br>Agreement or Program:<br>•The participant will not be entitled to retain any portion of an award; provided that any <br>vested stock options or SARs shall remain exercisable until the earlier of 90 days after <br>termination or the original expiration date.<br>|

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **87** |

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

---

| | |
|:---|:---|
| **Key Provisions** | **Description**  |
| **Change in Control** | The 2020 LTIP generally provides for double-trigger change in control vesting provisions <br>such that if awards are continued or converted into similar awards of the successor <br>company, the awards will be subject to accelerated vesting in the event of a participant's <br>termination of service by the Company without cause or by the participant for good reason <br>within 24 months after the change in control. If awards are not continued or converted <br>into similar awards of the successor company, then the awards will have accelerated <br>vesting immediately prior to the change in control.<br>With respect to any outstanding performance awards, the performance period will end <br>immediately prior to such change in control, achievement of the applicable performance <br>criteria will be determined at such time, and the number of shares deemed earned will be <br>converted into a time vesting award that will be paid or settled on the scheduled <br>settlement date(s), provided that such awards will be subject to accelerated vesting in the <br>event of the participant's termination of service by the Company without cause or by the <br>participant for good reason within 24 months after the change in control.<br>|
| **Clawback /**<br>**Recoupment**<br>| In order to align incentives with the interests of shareholders and further encourage <br>responsible decision making on the part of our executives, any awards granted under the <br>2020 LTIP are subject to the Company's clawback and cancellation policies. The Company <br>maintains the General Motors Policy on Recoupment of Incentive Compensation, which is <br>available at <u>investor.gm.com</u>.<br>|
| **Plan Amendments** | The 2020 LTIP may be amended by the Board of Directors or the Compensation <br>Committee, generally subject to shareholder approval to the extent required by applicable <br>law or applicable stock exchange rules and the consent of the affected participant if the <br>amendment would materially adversely affect the rights of such participant under any <br>outstanding award, and subject to certain other limitations included in the 2020 LTIP.<br>|
| **Plan Term** | Amendment No. 2 is effective as of June 3, 2026, subject to the approval of shareholders, <br>and no awards will be granted under the 2020 LTIP after June 3, 2036, or such earlier <br>time as the maximum number of shares available for issuance under the 2020 LTIP have <br>been issued or the Board terminates the 2020 LTIP.<br>|

---

---

| | |
|:---|:---|
| **88** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

**New Plan Benefits**

The dollar value and number of awards to be granted in the future to eligible participants under the 2020 LTIP are generally

not currently determinable because the value and number of such awards are subject to the discretion of the

Compensation Committee.

**Additional Prior Award Information**

The following table sets forth information with respect to the number of outstanding stock options, RSUs, and PSUs

that have been granted to the named executive officers and the specified groups set forth below under the 2020 LTIP as

of December 31, 2025. The closing price of the underlying shares of our common stock traded on the NYSE was

$81.32 per share.

---

| | | | |
|:---|:---|:---|:---|
| **Name** | **Stock Options** | **RSUs** | **PSUs**<sup>(1)</sup> |
| **Mary T. Barra**<br>Chair and Chief Executive Officer<br>| 840262 | 193551 | 984223 |
| **Paul A. Jacobson**<br>Executive Vice President and Chief Financial Officer<br>| 360293 | 93774 | 456451 |
| **Mark L. Reuss**<br>President<br>| 487695 | 135633 | 695864 |
| **Sterling J. Anderson**<br>Executive Vice President, Global Product and Chief Product Officer<br>|  | 257869 | 408991 |
| **Rory V. Harvey**<br>Executive Vice President and President, Global Markets<br>| 5652 | 67542 | 341219 |
| **All current executive officers as a group** (7 persons) | 1700810 | 867491 | 3029482 |
| **All non-executive directors as a group** (10 persons) |  |  |  |
| **All employees (other than executive officers) as a group** <br>(155,000 persons)<br>| 2425011 | 6018175 | 9270046 |

---

<sup>(1)</sup> Represents the target number of shares that could be issued underlying the PSUs.

**U.S. Federal Income Tax Consequences for Awards**

Disclosure rules require us to include a brief summary of the U.S. federal income tax consequences applicable to awards that

may be granted under the 2020 LTIP. This summary is not intended to be exhaustive, does not constitute tax advice and,

among other things, does not describe state, local or foreign tax consequences, which may be substantially different.

**Non-Qualified Stock Options** — When a participant exercises a non-qualified stock option, the difference between the

underlying stock's fair market value on the date of exercise and the exercise price of the stock option is taxed as ordinary

income to the participant in that year. The Company can generally deduct this amount for federal income tax purposes that

same year. If the participant later sells the shares acquired by the exercise of the stock option for more than their fair

market value on the exercise date, the gain is treated as a capital gain (long-term or short-term depending on how long the

shares were held). Conversely, if the sale price of the shares is less than their fair market value on the exercise date, the loss

is treated as a capital loss (long-term or short-term depending on how long the shares were held).

**Incentive Stock Options** — When a participant exercises an incentive stock option while employed by the Company or a

subsidiary or within the three-month (one year for disability) period after termination of service, income generally is not

recognized by the participant except for alternative minimum tax purposes. If the shares acquired upon exercise are held for

more than two years after the stock option was granted and one year after the date of exercise (a "qualifying disposition"),

gains are treated as long-term capital gains to the participant and the Company is generally not entitled to a deduction for

federal income tax purposes. If the shares are sold before these dates (a "disqualifying disposition"), gains are treated as

ordinary income to the participant and the Company can generally deduct this amount for federal income tax purposes. If an

incentive stock option is exercised more than three months (one year for disability) after termination of service, the tax

consequences are the same as described above for non-qualified stock options.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **89** |

---

**ITEM 5 Proposal to Approve Amendment No. 2 to the Company**'**s 2020** 

**Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder**

**Restricted Stock** — Typically, a participant is not taxed when restricted stock is granted, but rather recognizes ordinary

income based on the stock's fair market value at the time of vesting, and the Company can generally deduct this amount for

federal income tax purposes. Under Section 83(b) of the IRC, however, a participant may elect to be taxed when the

restricted stock is awarded and recognizes ordinary income based on the stock's fair market value at time of grant even

though the restricted stock is unvested. If such an election is timely made, no additional taxable income is recognized by the

participant when the restricted stock vests. The Company generally is entitled to a deduction for federal income tax

purposes at the time when, and to the extent that, ordinary income is recognized by the participant.

**RSUs —** A participant generally is not taxed upon the grant of RSUs (including PSUs), but rather recognizes ordinary income

based on the fair market value of the shares received at the time of settlement or the cash payment received if the award is

settled in cash. The Company generally is entitled to a deduction for federal income tax purposes at the same time and for

the same amount.

**Other Awards** — With respect to other awards granted under the 2020 LTIP, including other stock-based awards and cash

incentive awards, a participant generally recognizes ordinary income based on the fair market value of any shares received

at time of settlement or the cash payment received. The Company generally is entitled to a deduction for federal income tax

purposes at the same time and for the same amount.

Under Section 162(m) of the IRC, the federal income tax deduction of compensation paid to certain individuals is limited to

$1,000,000 per person per year. This applies to the CEO, CFO, and typically the next three most highly compensated named

executive officers but may also include certain other individuals subject to Section 162(m) at the Company. For tax years that

begin after December 31, 2026, this limitation is expanded to also include the next five highest compensated employees.

---

| | |
|:---|:---|
| **90** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

Stewardship Engagement Process

and Oversight

Members of the Board and senior management routinely engage with shareholders and stakeholders representing a variety

of different perspectives. Since the 2025 Annual Meeting of Shareholders, members of the Board and senior management

engaged with shareholders representing approximately 50 percent of GM's outstanding shares of common stock.

In addition to those sessions, we participate in a number of activities throughout the year that provide the opportunity to

communicate our strategy to shareholders and listen to a diverse set of opinions. A sample of such recent activity has

included: (i) presentation by one of our largest shareholders at a Board meeting; (ii) participation by the Chair of our

Compensation Committee in a shareholder-led forum to exchange ideas and discuss emerging governance and

compensation trends; (iii) participation in a podcast by our CEO with one of our largest shareholders; and (iv) various

shareholder and industry conferences.

The feedback received from these sessions is communicated to the Governance Committee and Compensation Committee

throughout the year, and the constructive insights, experiences, and ideas exchanged during these sessions help our Board

evaluate and assess feedback on a variety of topics, including strategic and financial performance, operations, products,

executive compensation, Board composition and leadership structure, as well as on important stewardship issues, including

those related to the Company's sustainability performance.

The table below provides a summary of common themes we have heard that led to boardroom discussion and action:

---

| | |
|:---|:---|
| **Message** | **Action** |
| Requested to disclose the Board's succession <br>and refreshment priorities in order to maintain <br>the right set of skills on the Board. <br>| The Board amended the Company's Corporate Governance Guidelines <br>to further formalize the Board's (long-standing) practice of <br>encouraging Board refreshment. For a discussion of the actions <br>taken to further evolve the Board's composition and skill sets, <br>see page [15](#idd7ec7bd38b646a0a19839f0dfb7e9b4_37). <br>|
| Asked to identify long-term valuation risks and <br>focus on near-term executive and performance <br>opportunities. <br>| The Board continued to work with management to refine its strategy <br>and find opportunities to address long-term valuation risks, including <br>(i) manufacturing innovations in robotics, (ii) improving EV profitability, <br>and (iii) executing on software and adjacent business like GM Defense <br>and GM Insurance. <br>|
| Encouraged to continue to return capital to <br>shareholders as part of the Company's capital <br>allocation strategy.<br>| In the first quarter of 2026, the Board announced an additional <br>$6 billion share repurchase program and raised the quarterly common <br>stock dividend by $0.03 to $0.18 per share. <br>|
| Encouraged to continue to be transparent with <br>the Company's sustainability goals while <br>modernizing reporting and disclosure.<br>| Following Board review, we updated our sustainability strategy and <br>reporting approach to focus on compliance and increase the use of <br><u>GM.com</u> to share more targeted and real-time updates about <br>sustainability and social topics.<br>|
| Requested to continue to align the Company's <br>executive compensation programs with <br>shareholder interests and provide strong <br>disclosure about the hiring grant for the <br>Company's new Named Executive Officer (NEO).<br>| For specific feedback and responses on executive compensation, <br>please see pages [40](#idd7ec7bd38b646a0a19839f0dfb7e9b4_97)-[61](#idd7ec7bd38b646a0a19839f0dfb7e9b4_118).<br>|

---

**For examples of Stewardship Topics that the Board reviewed last year, please see the following page.**<br>

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **91** |

---

**Stewardship Engagement Process and Oversight**

**Oversight of Other Stewardship Topics**

---

| | |
|:---|:---|
| **Code of Conduct:** <br>**"Winning with Integrity"**<br>The Board is committed to the highest legal and ethical <br>standards in fulfilling its responsibilities. We are <br>governed by a code of business conduct and ethics, <br>"Winning with Integrity," that applies to everyone in <br>our Company, at every level, including employees, <br>executives, Board members and, as applicable, <br>subsidiaries that GM controls. This Code of Conduct <br>forms the foundation for compliance with corporate <br>policies and procedures and memorializes a Company-<br>wide commitment to unwavering integrity in every <br>aspect of our operations. In 2026, Ethisphere <br>recognized GM for the seventh consecutive year as one <br>of the World's Most Ethical Companies<sup>®</sup>. This award <br>recognizes how "Winning with Integrity" embodies our <br>expectations on a number of topics, including <br>workplace and vehicle safety; conflicts of interest; <br>protection of confidential information; insider trading; <br>competition and fair dealing; human rights; community <br>involvement and corporate citizenship; political <br>activities and lobbying; preservation and use of <br>Company assets; and compliance with laws and <br>regulations. Our Code of Conduct, "Winning with <br>Integrity" is available at <u>investor.gm.com</u>.  | **Political Contributions** <br>**and Lobbying Expenditures**<br>The Board believes it is important for the Company to <br>participate in the legislative, regulatory, and political <br>processes to help shape public policy that supports our <br>industry and reflects our values and principles. To <br>guide our activities and ensure compliance with <br>applicable laws and regulations, the Board has adopted <br>a Company Policy on Corporate Political Contributions <br>and Expenditures. Since 2022, the CPA-Zicklin Index <br>of Corporate Political Disclosure and Accountability, <br>which benchmarks the political disclosure and <br>accountability policies and practices of leading U.S. <br>public companies, has recognized the quality of our <br>disclosure and ranked GM a "trendsetter" among the <br>First Tier of S&P 500 companies. |
| **In 2025, the Audit Committee met with the Chief** <br>**Compliance Officer four times, and the Board** <br>**received in-person annual compliance training.**<br>| **In 2025, the Board discussed public policy topics** <br>**at every meeting, in addition to delegating** <br>**annual oversight of political contributions and** <br>**lobbying to its Governance Committee.**<br>|
| **Human Capital**<br>The Board strives to create a Workplace of Choice to <br>attract, retain, motivate and develop top talent by <br>adhering to a responsible employer philosophy, which <br>includes, among other things, commitments to create <br>job opportunities, pay workers fairly, ensure safety and <br>well-being, and foster an inclusive work environment in <br>which all employees can perform at their best. | **Sustainability Alignment**<br>The Board continues to encourage management to <br>integrate sustainability principles into its daily <br>operations to align the Company's sustainability <br>journey with its strategy. We center efforts around <br>purposeful actions where we believe we can have the <br>biggest positive impacts on our business and for <br>our customers. |
| **In 2025, the Board and its Committees** <br>**discussed human capital management issues at** <br>**every meeting, including topics such as culture,** <br>**employee engagement, leadership talent** <br>**pipeline, and charitable giving priorities.**<br>| **In 2025, the Board and its Committees reviewed** <br>**a variety of sustainability-related topics,** <br>**including supply chain resiliency, battery** <br>**strategy, and GHG emissions regulations.**<br>|

---

---

| | |
|:---|:---|
| **92** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

Shareholder Proposals

At General Motors, the Board and management are committed to constructive, ongoing engagement with our shareholders.

We regularly meet with investors to hear their perspectives and incorporate their feedback into the Board's oversight and

the Company's long-term strategy.

When a shareholder submits a proposal, we seek to engage directly with the proponent to understand their objectives,

explain our current practices, and explore approaches that address their concerns while supporting the long-term strategy

outlined throughout this Proxy Statement.

In January 2026, consistent with the applicable SEC guidance and the Company's analysis of Rule 14a-8, the Company

determined that exclusion of a shareholder proposal was appropriate and submitted a no-action request to the Staff's

Division of Corporation Finance because the Company believes the proposal is materially false and misleading and has been

substantially implemented. In March 2026, the SEC issued a letter confirming it will not object to the Company's exclusion of

the proposal. Prior to submitting its notice of exclusion to the SEC, the Company engaged with the proponent to explain the

basis for exclusion and to offer to discuss the proposal further. During this engagement, the Company clarified that it does

not maintain a net zero emissions goal and already provides comprehensive annual disclosures about its GHG emissions. The

Company also expressed its willingness to make subject matter experts available to the proponent for further discussion,

but the proponent did not express a desire to continue engagement.

While we may not always implement the specific actions requested, the Board carefully evaluates each proposal and the

input we receive and, where appropriate, refines our practices and disclosures in response. Our sustainability policies,

compliance documents, and political contributions and lobbying disclosures can be found at <u>investor.gm.com/</u>

<u>governanceandsustainability</u>*.*

On the following pages, you will find shareholder proposals submitted under Rule 14a-8, along with the Board's voting

recommendations and responses, which reflect its engagement process and a commitment to sound governance in the best

interests of the Company and its shareholders.

---

| | |
|:---|:---|
| ITEM 6 | The Board recommends <br>a vote **AGAINST** this proposal |
| Shareholder Proposal Regarding Separation of Chair and CEO Roles | The Board recommends <br>a vote **AGAINST** this proposal |
|  | The Board recommends <br>a vote **AGAINST** this proposal |
| ITEM 7 | The Board recommends <br>a vote **AGAINST** this proposal |
| Shareholder Proposal Requesting a Report on Human Rights Standards for Indigenous <br>Peoples | The Board recommends <br>a vote **AGAINST** this proposal |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **93** |

---

ITEM 6<br>

**Shareholder Proposal Regarding Separation of** 

**Chair and CEO Roles**

The National Legal and Policy Center, 107 Park Washington Court, Falls Church, VA, 22046, owner of 100 shares of GM <br>common stock, has given notice that it intends to present for action at the Annual Meeting the following shareholder <br>proposal. The shareholder proponent is responsible for the content of the proposal.<br>

Request for Board of Directors to Adopt Policy for an Independent Chair

**RESOLVED:** 

Shareholders request the Board of Directors ("Board") of General Motors Company ("Company") to adopt as policy, and

amend the governing documents as necessary, to require hereafter that that two separate people hold the office of

Chairman of the Board ("Chair") and the office of the Chief Executive Officer ("CEO") as follows:

**Selection of the Chair:** The Board requires the separation of the offices of the Chair and the CEO.

Whenever possible, the Chair shall be an Independent Director.

The Board may select a temporary Chair who is not an Independent Director to serve while the Board seeks an

Independent Chair.

The Chair should not be a former CEO of the company.

Selection of the Chair shall be consistent with applicable law and existing contracts.

**SUPPORTING STATEMENT:** 

The CEO of the Company is also Board Chair.<sup>(1)</sup>The roles of CEO and Chair — each with separate, different responsibilities

that are critical to the health of a successful corporation — are greatly diminished when held by a singular company official,

weakening its governance structure.

Expert perspectives substantiate our position:

• According to the 2024 Spencer Stuart Board Index survey, 60 percent of S&P 500 companies had separate CEOs and

Board Chairs as of 2024, up from 47 percent in 2014. Meanwhile, 39% of companies had an independent chair as of

2024, up from 28% in 2014.<sup>(2)</sup>

• Proxy adviser Institutional Shareholder Services contends that "the chair of the board should ideally be an independent

director," and generally encourages investors to vote for "shareholder proposals requiring that the board chair position

be filled by an independent director."<sup>(3)</sup>

• Proxy adviser Glass Lewis wrote in 2024, "it can become difficult for a board to fulfill its role of overseer and policy

setter when a CEO/chair controls the agenda and the boardroom discussion. Such control can allow a CEO to have an

entrenched position, leading to longer-than-optimal terms, fewer checks on management, less scrutiny of the business

operation, and limitations on independent, shareholder-focused goal-setting by the board."<sup>(4)</sup>

• According to the CFA Institute Research and Policy Center, "Combining [Chair and CEO] positions may give undue

influence to executive board members and impair the ability and willingness of board members to exercise their

independent judgment ... Many jurisdictions consider the separation of the chair and CEO positions a best practice

because it ensures that the board agenda is set by an independent voice uninfluenced by the CEO."<sup>(5)</sup>

• Search firm Calibre One argues that "governance best practices increasingly recommend separating the roles of CEO

from the Chair of the Board, especially in times of leadership transition or strategic inflection ... When one executive

holds both titles, it can lead to ambiguity in oversight responsibilities. By contrast, separating the roles introduces a

clearer distinction."<sup>(6)</sup>

<sup>(1)</sup> https://www.gm.com/company/leadership.detail.html/Pages/bios/global/en/corporate-officers/Mary-Barra

<sup>(2)</sup> https://www.spencerstuart.com/-/media/2024/09/ssbi2024/2024_us_spencer_stuart_board_index.pdf

<sup>(3)</sup> https://www.issgovernance.com/file/policy/active/americas/US-Voting-Guidelines.pdf

<sup>(4)</sup> https://resources.glasslewis.com/hubfs/2024%20Guidelines/2024%20US%20Benchmark%20Policy%20Guidelines.pdf

<sup>(5)</sup> https://rpc.cfainstitute.org/-/media/documents/article/position-paper/corporate-governance-of-listed-companies-3rd-edition.pdf

<sup>(6)</sup> https://www.calibreone.com/a-thoughtful-look-at-ceo-chair-separation-what-boards-should-consider-in-2025/

---

| | |
|:---|:---|
| **94** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 6 Shareholder Proposal Regarding Separation of Chair and CEO Roles**

**Board Response**

***The Board is in the best position to determine who should serve as Chair and should have the flexibility to make*** 

***that determination.***

The Board carefully considers the appropriate leadership structure for GM and its shareholders on an annual basis and has

the flexibility to determine whether to combine or separate the roles of Chair and CEO. This flexibility allows the Board to

choose the optimal leadership structure for the Company at any given time in consideration of our business needs, which is

critical in our competitive and dynamic industry. Our directors have diverse backgrounds, experiences, and perspectives,

and it is this collective expertise that uniquely positions our Board to assess how GM should respond to key challenges,

including by selecting the most appropriate board leadership structure. This proposal would remove the ability of our Board,

which is comprised of directors whom shareholders have elected and thereby entrusted with oversight of the Company, to

apply its judgment on the important topic of Board leadership structure.

***No single leadership model is appropriate in all circumstances.***

The Board recognizes that no single leadership model is appropriate in all circumstances and has determined in the past that

separating the roles of Chair and CEO would best serve shareholders. Further, the Board already has the flexibility to select

a temporary chair, which is a key part of the proposal's request, and retains the ability to separate the roles in the future. The

Board believes that a combined role is in the best interests of shareholders at this time.

***The Board believes that Mary Barra's service as Chair and CEO provides a clear and unified strategic vision for GM.***

Under Ms. Barra's leadership, General Motors has delivered strategic clarity and record financial performance during a time

of challenging operating circumstances, macroeconomic uncertainties, and shifting consumer demand. Ms. Barra's unified

leadership has positioned the Company for long-term growth while maintaining a sharp focus on shareholder value. The

Board believes that Ms. Barra's in-depth knowledge of GM's business and vision for the future bring unified, strategic

leadership to the Board during an important inflection point in the Company's history.

***We have a strong Independent Lead Director.***

GM's Bylaws require that if the Chair is not independent, the independent members of the Board shall designate an

Independent Lead Director, who is elected annually by the independent directors when in place. Our Independent Lead

Director provides an independent leadership and oversight on behalf of shareholders with a focus on strategic risk

management, compliance, governance, and CEO succession planning. The specific duties of the Independent Lead Director,

discussed further on page [18](#idd7ec7bd38b646a0a19839f0dfb7e9b4_46) of this Proxy Statement, are significant and include approving meeting agendas, advising on

information flow between management and the Board, providing leadership whenever the Chair may have a conflict of

interest, holding executive sessions of non-management directors, and leading non-management directors in the annual

evaluation of the CEO's performance and communicating that evaluation to the CEO.

***GM's other strong corporate governance practices reinforce Board independence and management accountability.***

The Board maintains numerous governance best practices that reinforce management accountability and provide

meaningful independent oversight, including the annual election of directors; annual self-assessment to determine whether

the Board has the proper mix of experience, leadership, and skills; executive sessions without management at most Board

and Committee meetings; and unrestricted access by directors to management and independent, outside advisors. Further,

all members of the Board other than Ms. Barra are independent, and all standing committees of the Board other than the

Executive Committee consist entirely of independent directors. The independence of our Board and Committees works in

concert with our strong corporate governance framework to ensure meaningful independent oversight and management

accountability. A more complete review of our governance policies and practices can be found beginning on page [47](#id2771a37e97e49db989439eef43a7e84_7819) of this

Proxy Statement.

---

| | |
|:---|:---|
| ![03 439032-3_icon_ticker-xmark.jpg](gm-20260420_g136.jpg) | Therefore, the Board of Directors recommends a vote **AGAINST** this shareholder proposal.  |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **95** |

---

ITEM 7<br>

**Shareholder Proposal Requesting a Report on** 

**Human Rights Standards for Indigenous Peoples**

The Sisters of St. Joseph of Peace, 399 Hudson Terrace, Englewood Cliffs, NJ 07632, owners of at least $25,000 shares of <br>GM common stock, have given notice that they intend to present for action at the Annual Meeting the following <br>shareholder proposal. The shareholder proponent is responsible for the content of the proposal.<br>

**Resolved:** Shareholders request the Board of Directors publish a report, at reasonable cost and omitting proprietary and

confidential information, outlining the effectiveness of General Motors' (GM) policies, practices, and performance indicators

in respecting internationally recognized human rights standards for Indigenous Peoples' (IPs') rights, as reflected in the

United Nations Declaration on the Rights of Indigenous Peoples (UN DRIP) and International Labour Organization

Convention 169 (ILO169), in its operations and supply chain.

**Whereas:** UN DRIP and ILO169 are internationally recognized human rights standards affirming the rights to Free, Prior, and

Informed Consent (FPIC) and protecting IPs' lands, territories, resources, and cultures.<sup>(1)</sup> Failure to uphold these rights

exposes GM to material risks, including project delays, litigation, and loss of public trust. <sup>(2)</sup>

GM's ambitious electric vehicle goals require a significant amount of transition minerals. Studies show a significant

proportion of transition minerals are located on or near IPs' lands or territories,<sup>(3)</sup> highlighting increased exposure to IPs'

rights risks. IPs' rights organizations and networks emphasize the necessity of centering IPs' participation and securing FPIC

in project development and implementation stages of green energy transition projects, to avoid "perpetuat[ing] the same

harms and rights violations as fossil fuel resource development." <sup>(4)</sup>

GM states it respects IPs' rights and requires its suppliers to do so.<sup>(5)</sup> However, it neither explains its processes for assessing

IPs' rights risk, nor reports on their effectiveness. The Lead the Charge scorecard awarded GM only 11/100 on respect for

IPs' rights.<sup>(6)</sup> Recent allegations of IPs' rights violations suggest GM's IPs' risk management processes are ineffective.

For example, GM established a joint venture, through which it will invest $625 million, to construct and operate a lithium

mine in Nevada.<sup>(7)</sup> The mine is located on Indigenous ancestral lands, in an area called Peehee Mu'huh (Thacker Pass).<sup>(8)</sup>

Given the US' violation of IPs' rights, including FPIC, in the mine's permitting process, despite opposition from at least five

Tribal governments, GM's investment presents significant IPs' rights risks for the Company.<sup>(9)</sup> Peehee Mu'huh is the site of an

1865 massacre, and local IPs have raised concerns about the desecration of their ancestors' remains and spirits, as the

location is sacred.<sup>(10)</sup> A recent report highlighted additional potential IPs' rights violations of the project, including the rights

to practice cultural traditions and religion, and the rights to health, water, and a healthy environment, and the potential for

increases in sexual and other violence against Indigenous women, girls, and two-spirit people.<sup>(11)</sup> The mine has faced fierce

opposition, including protests and lawsuits.<sup>(12)</sup>

Two recent reports linked GM to nickel mines in Indonesia that have violated IPs' rights.<sup>(13)</sup> Although the lack of transparency

makes establishing a definitive connection between GM and the suppliers impossible, the reports highlight the mining

companies' harms against the Indigenous Bajau and potential IPs' rights violations of an uncontacted tribe called the

Hongana Manyawa.<sup>(14)</sup>

<sup>(1)</sup> https://www.un.org/development/desa/indigenouspeoples/declaration-on-the-rights-of-indigenous-peoples.html;

https://www.ilo.org/dyn/normlex/en/f?p=NORMLEXPUB:12100:0::NO::P12100_INSTRUMENT_ID:312314

<sup>(2)</sup> https://www.colorado.edu/program/fpw/sites/default/files/attached-files/social_cost_and_material_loss_0.pdf;

https://amazonwatch.org/news/2022/0622-the-business-case-for-indigenous-rights

<sup>(3)</sup> https://www.msci.com/research-and-insights/blog-post/mining-energy-transition-metals-national-aims-local-conflicts;

https://phys.org/news/2022-12-energy-minerals-overlap-indigenous-reveals.html

<sup>(4)</sup> https://static1.squarespace.com/static/62cd7860272be4335685de88/t/64d2c423df24aa6f4673522c/1691534371949/

TalkingPoints_SIRGE_TransitionMinerals.pdf

---

| | |
|:---|:---|
| **96** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**ITEM 7 Shareholder Proposal Requesting a Report on Human Rights Standards for Indigenous Peoples**

<sup>(5)</sup> https://investor.gm.com/static-files/e02b37e8-1b5f-4d45-a75b-b61b9f2512ca;

https://investor.gm.com/static-files/b7d3c605-a597-486c-86e2-dbbeb6a25a42

<sup>(6)</sup> https://leadthecharge.org/scorecards/general-motors/

<sup>(7)</sup> https://lithiumamericas.com/news/news-details/2024/Unlocking-Thacker-Pass-General-Motors-to-Contribute-Combined-625-

Million-in-Cash-and-Letters-of-Credit-to-New-Joint-Venture-with-Lithium-Americas/default.aspx

<sup>(8)</sup> https://www.hrw.org/report/2025/02/06/the-land-of-our-people-forever/united-states-human-rights-violations-against-the

<sup>(9)</sup> https://www.hrw.org/report/2025/02/06/the-land-of-our-people-forever/united-states-human-rights-violations-against-the

<sup>(10)</sup> https://www.hrw.org/report/2025/02/06/the-land-of-our-people-forever/united-states-human-rights-violations-against-the

<sup>(11)</sup> https://www.hrw.org/report/2025/02/06/the-land-of-our-people-forever/united-states-human-rights-violations-against-the

<sup>(12)</sup> https://www.protectthackerpass.org/protect-thacker-pass-campaign-timeline/

<sup>(13)</sup> https://mightyearth.org/wp-content/uploads/2024/05/FromForeststoEVs.pdf;

https://media.business-humanrights.org/media/documents/2024_EV_supply_chains.pdf

<sup>(14)</sup> https://media.business-humanrights.org/media/documents/2024_EV_supply_chains.pdf;

https://mightyearth.org/wp-content/uploads/2024/05/FromForeststoEVs.pdf

## Board Resp onse
***The Board is committed to respecting and supporting human rights, including the rights of Indigenous Peoples, throughout*** 

***our global operations. GM seeks to do business with partners who share this commitment, as reflected in the clear*** 

***expectations established in our Supplier Code of Conduct and our human rights policies.***

GM's approach to internationally recognized Indigenous Peoples' rights is already incorporated into our human rights

framework. Our Human Rights Policy explicitly recognizes and respects the rights of vulnerable groups, including

Indigenous Peoples, and grounds GM's commitments in foundational global instruments, such as the UN Declaration on the

Rights of Indigenous Peoples (UNDRIP) and the International Labour Organization Convention (ILO) Indigenous and Tribal

Peoples Conventions (ILO 107 and ILO 169). GM embeds these principles in our Code of Conduct, *Winning with Integrity*,

establishing clear expectations for responsible business conduct throughout the Company and our value chain. These

commitments are further reinforced in our Supplier Code of Conduct, which requires suppliers to uphold these same

international conventions and promote equivalent expectations throughout their own supply chains.

***GM's approach to human rights due diligence, including as it relates to Indigenous Peoples' rights, is rooted in and aligned*** 

***with core international guidelines for responsible business conduct.***

GM has established a globally aligned human rights due diligence process grounded in the UN Guiding Principles on Business

and Human Rights and the OECD Guidelines for Multinational Enterprises. This approach includes ongoing risk identification,

prioritization, mitigation, and remediation steps consistent with OECD due diligence expectations. Within Indigenous rights

contexts, GM's due diligence framework integrates expectations regarding consultation, cultural heritage protection, and

Free, Prior, and Informed Consent (FPIC). We conduct supplier training, incorporate FPIC principles into contracts, and

participate in industry forums which address the rights of Indigenous Peoples. We seek to continually improve and refine

these processes in line with evolving risks and our global business.

***Stakeholder engagement is a key component of our overall approach to human rights and specifically to Indigenous*** 

***Peoples' rights.***

GM engages with subject-matter experts, non-governmental organizations, and investors to enhance our overall human

rights practices, including our work on Indigenous Peoples' rights. We seek to foster ongoing dialogue, both indirectly

through our third-party suppliers and, where appropriate, directly, as a means for building long-term relationships with

potentially impacted Indigenous communities. We also seek to respond transparently and with accountability to stakeholder

inquiries, and we integrate stakeholder input into our human rights strategy.

***The requested report is unnecessary because GM already reports on human rights governance, processes, and actions.***

GM already communicates publicly on our human rights commitments, governance structures, and due diligence processes

through its Human Rights Policy, Supplier Code of Conduct, Conflict Minerals reporting, and Human Rights Statement.

GM has articulated commitments under UNDRIP and ILO 169 and maintains Indigenous-rights-aligned governance. We also

disclose ongoing actions to mitigate risks and strengthen responsible sourcing on our website. Given GM's existing policies,

due diligence processes, and current external disclosures, we believe an additional standalone report is not necessary.

---

| | |
|:---|:---|
| ![02_GM_Stylesheet_Crossmark.jpg](gm-20260420_g117.jpg) | The Board of Directors recommends a vote **AGAINST** this shareholder proposal.  |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **97** |

---

Security Ownership Information

**Security Ownership of Directors, Named** 

**Executive Officers, and Certain Other** 

**Beneficial Owners**

The following table and accompanying footnotes show information regarding the beneficial ownership of GM's issued and

outstanding common stock by (i) each of our directors and NEOs, and all directors and executive officers as a group and (ii)

each person known by us to beneficially own more than five percent of our issued and outstanding common stock as of the

dates indicated in the footnotes. All directors and executive officers have sole voting and dispositive power over their

shares, and none of the shares shown as beneficially owned by directors and executive officers are pledged as security for

any obligation. The Percentage of Outstanding Shares is based on 901,656,578 shares issued and outstanding as of

April 6, 2026.

---

| | | |
|:---|:---|:---|
| **Name** | **Shares of Common**<br> **Stock Beneficially**<br> **Owned** | **Percentage of**<br> **Outstanding**<br> **Shares**<br>|
| **Non-Employee Directors**<sup>(1)</sup> |  |  |
| **Wesley G. Bush** | 20000<br><sup>(2),(3)</sup> | \* |
| **Joanne C. Crevoiserat** | —<br><sup>(2)</sup> | \* |
| **Joseph Jimenez** | 32330<br><sup>(2),(4)</sup> | \* |
| **Alfred F. Kelly Jr.** | 17323<br><sup>(2)</sup> | \* |
| **Jonathan McNeill** | —<br><sup>(2)</sup> | \* |
| **Judith A. Miscik** | —<br><sup>(2)</sup> | \* |
| **Patricia F. Russo** | 31000<br><sup>(2)</sup> | \* |
| **Mark A. Tatum** | —<br><sup>(2)</sup> | \* |
| **Jan E. Tighe** | —<br><sup>(2)</sup> | \* |
| **Devin N. Wenig** | —<br><sup>(2)</sup> | \* |
| **Named Executive Officers**<sup>(1)</sup> |  |  |
| **Mary T. Barra** | 1658807<br><sup>(5)</sup> | \* |
| **Sterling J. Anderson** | 96807<br><sup>(5)</sup> | \* |
| **Rory V. Harvey** | 147195<br><sup>(5)</sup> | \* |
| **Paul A. Jacobson** | 846346<br><sup>(5)</sup> | \* |
| **Mark L. Reuss** | 528094<br><sup>(5)</sup> | \* |
| **All Directors and Current Executive Officers as a Group (17 persons)** | 3941869<br><sup>(6)</sup> | \* |
| **Certain Other Beneficial Owners**<sup>(7)</sup> |  |  |
| **BlackRock, Inc.**<sup>(8)</sup> | 74909069 | 8.3 |
| **State Street Corporation**<sup>(9)</sup> | 46594475 | 5.2 |

---

---

| | |
|:---|:---|
| **98** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Security Ownership Information**

\*Less than 1 percent.

<sup>(1)</sup> c/o General Motors Company, Mail Code 482-22381-1101, 1240 Woodward Avenue, Detroit, Michigan 48265.

<sup>(2)</sup> These amounts represent common stock only and do not include DSUs, which are unit equivalents of our common stock. For more

information about how DSUs work, see page [32](#ib15384d4686440a8b688083d5ca21525_4655). Non-employee directors hold the following number of DSUs: 54,696 DSUs for Mr. Bush;

25,885 DSUs for Ms. Crevoiserat; 7,885 DSUs for Mr. Kelly; 90,111 DSUs for Mr. Jimenez; 20,042 DSUs for Mr. McNeill; 30,630 DSUs for

Ms. Miscik; 102,030 DSUs for Ms. Russo; 19,689 DSUs for Mr. Tatum; 17,990 DSUs for Ms. Tighe; and 64,631 DSUs for Mr. Wenig.

<sup>(3)</sup> These shares are held indirectly in the Wesley G. Bush Revocable Trust.

<sup>(4)</sup> This amount includes 330 shares of common stock that Mr. Jimenez holds indirectly through a limited liability company owned but not

managed by him.

<sup>(5)</sup> These amounts include shares that may be acquired upon exercise of stock options that are currently exercisable or will become

exercisable within 60 days of April 1, 2026, as follows: 840,262 shares for Ms. Barra; 0 shares for Mr. Anderson; 5,652 shares for

Mr. Harvey; 360,293 shares for Mr. Jacobson; and 405,206 shares for Mr. Reuss.

<sup>(6)</sup> This amount includes 3,407,627 shares that individuals in the group may acquire upon exercise of stock options that are currently

exercisable or will become exercisable within 60 days of April 6, 2026. No director or executive officer has pledged shares of common

stock as security or hedged their exposure to common stock.

<sup>(7)</sup> The Company is permitted to rely on the information reported by each beneficial owner in filings with the SEC and has no reason to

believe that the information is incomplete or inaccurate or that the beneficial owner should have filed an amended report and did not.

<sup>(8)</sup> Based solely on information set forth in a Schedule 13G/A filed with the SEC on April 17, 2025, BlackRock, Inc., reported that it and its

subsidiaries listed on Exhibit 99 to Schedule 13G/A were the beneficial owners of 74,909,069 shares of GM's outstanding common stock

as of March 31, 2025. BlackRock reported having sole voting power over 65,212,860 shares and sole dispositive power over 74,909,069

shares. No shared voting or dispositive powers were reported. The address for BlackRock, Inc., is 50 Hudson Yards, New York,

New York 10001.

<sup>(9)</sup> Based solely on information set forth in a Schedule 13G filed with the SEC on November 10, 2025, State Street Corporation reported that

it and its subsidiaries set forth on Schedule 13G were the beneficial owners of 46,594,475 shares of GM's outstanding common stock as

of September 30, 2025. State Street reported having shared voting power over 28,366,784 shares and shared dispositive power over

46,588,357 shares. No sole voting or dispositive powers were reported. The address for State Street Corporation is One Congress Street,

Suite One, Boston, Massachusetts 02114.

**Delinquent Section 16(a) Reporting**

Section 16(a) of the Securities Exchange Act of 1934 requires our directors, officers and beneficial owners of 10 percent or

more of our common shares to file reports with the SEC. We assist our directors and officers by monitoring transactions and

completing and filing these reports on their behalf. Based on our records and other information, we believe that all reports

that were required to be filed under Section 16(a) during 2025 were timely filed.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **99** |

---

General Information About the

Annual Meeting

**What are the matters to be presented at the Annual Meeting? How does the Board** 

**recommend that I vote, and what are the vote requirements?**<sup>\*</sup>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Agenda**<br>**Item**<br>| **Description** | **Board**<br>**Recommendation**<br>| **Vote Requirement for Approval** | **Effect of**<br>**Abstentions**<br>| **Effect of Broker**<br>**Non-Votes**<br>|
| 1 | Annual Election of Directors | **FOR**<br>**each director**<br>**nominee**<br>| Majority of votes cast | No effect | No effect |
| 2 | Proposal to Ratify the Selection of <br>Ernst & Young LLP as the Company's <br>Independent Registered Public <br>Accounting Firm for 2026<br>| **FOR** | Majority of shares present<br>(in person or by proxy)<br>and entitled to vote<br>| Counted as<br>"AGAINST"<br>| Discretionary <br>vote<br>|
| 3 | Proposal to Approve, on an Advisory <br>Basis, Named Executive Officer <br>Compensation<br>| **FOR** | Majority of shares present<br>(in person or by proxy)<br>and entitled to vote<br>| Counted as<br>"AGAINST"<br>| No effect |
| 4 | Proposal to Approve, on an Advisory <br>Basis, the Frequency of Future <br>Advisory Votes on Named Executive <br>Officer Compensation<br>| **FOR**<br>**1 YEAR**<br>| Majority of shares present (in <br>person or by proxy) and entitled <br>to vote<br>| Counted as<br>"AGAINST"<br>| No effect |
| 5 | Proposal to Approve Amendment No. <br>2 to the Company's 2020 Long-Term <br>Incentive Plan to Increase the <br>Number of Shares Available for <br>Issuance Thereunder<br>| **FOR** | Majority of shares present<br>(in person or by proxy)<br>and entitled to vote<br>| Counted as<br>"AGAINST"<br>| No effect |
| 6 | Shareholder Proposal Regarding <br>Separation of Chair and CEO Roles<br>| **AGAINST** | Majority of shares present<br>(in person or by proxy)<br>and entitled to vote<br>| Counted as<br>"AGAINST"<br>| No effect |
| 7 | Shareholder Proposal Requesting a <br>Report on Human Rights Standards <br>for Indigenous Peoples<br>| **AGAINST** | Majority of shares present<br>(in person or by proxy)<br>and entitled to vote<br>| Counted as<br>"AGAINST"<br>| No effect |

---

\*See sections 1.7 and 2.2(c) of the Company's Bylaws for a description of the vote requirements and the impact of abstentions and broker

non-votes on the meeting agenda items listed above.

**Will Other Matters Be Presented at the Annual Meeting?**

We do not know of any matters to be voted on by shareholders at the Annual Meeting other than those included in this Proxy

Statement. If any matter other than the election of directors or Items 2 through 7 in this Proxy Statement is properly

presented at the meeting, your executed proxy gives the Proxies discretionary authority to vote your shares in accordance

with their best judgment with respect to the matter presented.

**How Do I Attend the Virtual Annual Meeting?**

The Annual Meeting will be held virtually this year. If circumstances warrant, the Board and certain members of management

may dial in to the webinar from remote locations and will not be present in person.

---

| | |
|:---|:---|
| **100** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**General Information About the Annual Meeting**

---

| | |
|:---|:---|
| **How to Participate in the Annual** <br>**Meeting Online**<br>| **1.**Visit <u>virtualshareholdermeeting.com/GM2026</u>; and<br>**2.**Enter the 16-digit control number included on your Notice, on your proxy card <br>(if you received a printed copy of the proxy materials), or on the instructions <br>that accompanied your proxy materials.<br>You may log in to the meeting platform beginning at 2:15 p.m. Eastern Time on <br>June 2, 2026. The meeting will begin promptly at 2:30 p.m. Eastern Time.<br>|
| **How to Participate in the Annual** <br>**Meeting Without Internet Access**<br>| Call (877) 328-2502 (toll free) or (412) 317-5419 (international) to listen to the <br>meeting proceedings. If you join via phone, you will not be able to vote your <br>shares during the meeting.<br>|
| **How to Participate in the Annual** <br>**Meeting Without a 16-Digit** <br>**Control Number**<br>| Visit <u>virtualshareholdermeeting.com/GM2026</u> and register as a guest. If you join <br>as a guest, you will not be able to vote your shares or ask questions during <br>the meeting.<br>|
| **For Help With Technical Difficulties** | Call (844) 986-0822 (U.S.) or (303) 562-9302 (international) for assistance. |
| **Additional Questions** | Email GM Shareholder Relations at <u>shareholder.relations@gm.com</u>. |

---

**How Can I Submit Questions for the Online Meeting?**

---

| | |
|:---|:---|
| **Submitting Questions**<br>**Before the Meeting**<br>| **1.**Log in to <u>proxyvote.com</u>;<br>**2.**Enter your 16-digit control number; and<br>**3.**Once past the login screen, click on "Questions for Management," type in <br>your question, and click "Submit."<br>|
| **Submitting Questions**<br>**During the Meeting**<br>| **1.**Log in to the online meeting platform at <u>virtualshareholdermeeting.com/</u><br><u>GM2026</u>, type your question in the "Ask a Question" field, and click <br>"Submit"; or<br>**2.**Call (877) 328-2502 (toll free) or (412) 317-5419 (international) and press \*1 <br>when we announce the question and answer session has opened.<br>|

---

Only shareholders with a valid control number will be allowed to ask questions. Questions pertinent to meeting matters will

be answered during the meeting, subject to time constraints.

**How Do I Vote at the Annual Meeting?**

Shareholders of record and beneficial owners who join the Annual Meeting online will be able to vote their shares

electronically during the meeting. However, even if you plan to participate in the Annual Meeting online, we recommend that

you also vote by proxy so that your votes will be counted if you later decide not to participate in the Annual Meeting.

**What Is a Quorum?**

The presence of the holders of a majority of the outstanding shares of our common stock entitled to vote at the meeting, in

person or by proxy, will constitute a quorum for transacting business at the Annual Meeting. Abstentions and broker non-

votes are counted as present for purposes of establishing a quorum at the meeting.

**Who Are the Proxies for the Annual Meeting?**

The Board appointed the following officers to act as Proxies: Mary T. Barra, Grant Dixton, and John S. Kim. If you sign and

return your proxy card or voting instruction form with voting instructions, one or more of the Proxies will vote your shares

as you direct on the matters described in this Proxy Statement. If you sign and return your proxy card or voting instruction

form without voting instructions, one or more of the Proxies will vote your shares as recommended by the Board.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **101** |

---

**General Information About the Annual Meeting**

**Who Can Vote at the Annual Meeting?**

If you are a holder of the Company's common stock as of the close of business on April 6, 2026, or you hold a valid proxy,

you are entitled to vote at the Annual Meeting. On that date, the Company had 901,656,578 shares of common stock

outstanding and entitled to vote. Each share of our common stock entitles the holder to one vote.

**Can I Vote Without Attending the Annual Meeting?**

To vote your shares without attending the Annual Meeting, please follow the instructions for voting provided on the Notice,

on your proxy card, or on the voting instructions form. When you timely submit your proxy or voting instructions in the

proper form, your shares will be voted according to your instructions. If you sign, date, and return the proxy card or voting

instructions form without specifying how you wish to cast your vote, your shares will be voted by the Proxies according to

the recommendations of the Board, as indicated above. Internet and telephone voting are available 24 hours a day through

11:59 p.m. Eastern Time on Monday, June 1, 2026.

**Can I Revoke My Proxy?**

After you have submitted your proxy or voting instructions by internet, telephone, or mail, you may revoke it at any time

until it is voted at the Annual Meeting. Your attendance at the Annual Meeting will not cause your previously granted proxy

to be revoked unless you specifically make that request or vote your shares electronically during the meeting.

To revoke your proxy, follow the instructions below.

---

| | |
|:---|:---|
| **Shareholders of Record** | **Beneficial Shareholders** |
| •Grant a new proxy bearing a later date (which <br>automatically revokes the earlier proxy);<br>•Send a written notice of revocation to the <br>General Motors Company Corporate Secretary at <br>Mail Code 482-22381-1101, 1240 Woodward <br>Avenue, Detroit, Michigan 48265;<br>•Email the General Motors Company Corporate <br>Secretary at <u>shareholder.relations@gm.com</u>; or<br>•Participate in the Annual Meeting and vote your <br>shares electronically during the meeting.<br>| •Notify your broker, bank, or nominee in <br>accordance with that entity's procedures for <br>revoking your voting instructions; or<br>•Participate in the Annual Meeting and vote your <br>shares electronically during the meeting.<br>|

---

**How Do I View Annual Meeting Voting Results After the Meeting?**

Our independent inspector of elections, Broadridge Financial Services, Inc., will tabulate the vote at the Annual Meeting. We

will provide voting results on our website and in a Current Report on Form 8-K filed with the SEC.

---

| | |
|:---|:---|
| **102** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**General Information About the Annual Meeting**

**What Is a "Shareholder of Record" and "Beneficial Shareholder"?**

If your shares are owned directly in your name in an account with GM's stock transfer agent, Computershare Trust Company,

N.A., you are considered the "shareholder of record" of those shares in your account. If your shares are held in an account

with a broker, bank, or other nominee as a custodian on your behalf, you are considered a "beneficial shareholder" of those

shares, which are held in street name. The broker, bank, or other nominee is considered the shareholder of record for those

shares. As the beneficial owner, you have the right to instruct the broker, bank, or other nominee on how to vote the shares

in your account. In order for your shares to be voted in the way you would like, you must provide voting instructions to your

broker, bank, or other nominee by the deadline provided in the proxy materials you receive from your broker, bank, or other

nominee. If you do not provide voting instructions to your broker, bank, or other nominee, whether your shares can be voted

on your behalf depends on the type of item being considered for vote. Under NYSE rules, brokers are permitted to exercise

discretionary voting authority only on "routine" matters. Therefore, your broker may vote on Item No. 2 ("Proposal to Ratify

the Selection of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for 2026") even if you

do not provide voting instructions because it is considered a routine matter. **Your broker is not permitted to vote on the** 

**other agenda items if you do not provide voting instructions because those items involve matters that are considered** 

**non-routine.**

**What Is Householding?**

SEC rules permit companies to send a single Proxy Statement and Annual Report or Notice to two or more shareholders that

share the same address, subject to certain conditions. Each shareholder will continue to receive a separate proxy card or

voting instruction form, and it will include the unique 16-digit control number that is needed to vote those shares and to

access and vote during the Annual Meeting. This "householding" rule will benefit both the shareholders and GM by reducing

the volume of duplicate information shareholders receive and reducing GM's printing and mailing costs.

If one set of these documents was sent to your household for the use of all GM shareholders in your household and one

or more of you would prefer to receive additional sets, or if multiple copies of these documents were sent to your

household and you want to receive one set in the future, please contact Broadridge Financial Solutions, Inc., by calling

toll-free at (866) 540-7095 or by writing to Broadridge Financial Solutions, Inc., Householding Department,

51 Mercedes Way, Edgewood, New York 11717.

If a broker, bank, or other nominee holds your shares, please contact your broker, bank, or other nominee directly if you

have questions about delivery of materials, require additional copies of the Proxy Statement or Annual Report, or wish to

receive multiple copies of proxy materials, which would require you to state that you do not consent to householding.

**Where Can I Find the Annual Report and Other Investor Materials?**

You may download a copy of our 2025 Annual Report and 2026 Proxy Statement at <u>investor.gm.com/shareholders</u>. Our

other SEC filings are available at <u>investor.gm.com/shareholders/sec-filings</u>. Alternatively, you may request a printed copy of

these publications by (1) visiting <u>proxyvote.com</u>, (2) calling (800) 579-1639 or (3) sending an email to

<u>sendmaterial@proxyvote.com</u>. If sending an email, please include your control number from your Notice of Internet

Availability of Proxy Materials, in the subject line. Unless requested, you will not otherwise receive a paper or email copy.

Our sustainability policies, compliance documents, and political contributions and lobbying disclosures can be found at

<u>investor.gm.com/governanceandsustainability</u>. The reports and information contained in, or that can be accessed from, our

websites are not incorporated by reference into, and are not part of, this Proxy Statement.

**Who Is Soliciting My Proxy and Who Bears the Cost of the Solicitation?**

We will pay our cost for soliciting proxies for the Annual Meeting. The Company will distribute proxy materials and follow-up

reminders, if any, by mail and electronic means. We have engaged Innisfree M&A Incorporated, a professional proxy

solicitation firm located at 501 Madison Avenue, 20th Floor, New York, New York 10022, to assist with the solicitation of

proxies and to provide related advice and informational support for a service fee, plus customary disbursements. We expect

to pay Innisfree a base fee of $30,000, plus expenses for these services. GM directors, officers, and employees may also

solicit proxies by mail, telephone, or personal visits. They will not receive any additional compensation for their services.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **103** |

---

**General Information About the Annual Meeting**

GM will provide copies of these proxy materials to banks, brokerage houses, fiduciaries, and custodians holding in their

names shares of our common stock beneficially owned by others so that they may forward these proxy materials to the

beneficial owners. As usual, we will reimburse brokers, banks, and other nominees for their reasonable expenses in

forwarding proxy materials to beneficial owners.

**How Can I Submit Shareholder Proposals and Director Nominations for the 2027** 

**Annual Meeting?**

---

| | | | |
|:---|:---|:---|:---|
| **Type of Proposal** | Rule 14a-8 Proposals by <br>Shareholders for Inclusion in <br>Next Year's Proxy Statement<br>| Director Nominees for <br>Inclusion in Next Year's Proxy <br>Statement (Proxy Access)<br>| Other Proposals or Nominees <br>for Presentation at Next Year's <br>Annual Meeting (including <br>under Rule 14a-19)<br>|
| **Rules/Provisions** | SEC rules and our Bylaws <br>permit shareholders to <br>submit proposals for <br>inclusion in our Proxy <br>Statement if the shareholder <br>and the proposal meet the <br>requirements specified in <br>SEC Rule 14a-8.<br>| Our Bylaws permit a <br>shareholder or group of <br>shareholders (up to 20) who <br>have owned a significant <br>amount of common stock <br>(at least 3 percent) for a <br>significant amount of time <br>(at least three years) to <br>submit director nominees <br>(up to 20 percent of the Board <br>or two directors, whichever is <br>greater) for inclusion in our <br>Proxy Statement if the <br>shareholder(s) and the <br>nominee(s) satisfy the <br>requirements specified in <br>our Bylaws.<br>| Our Bylaws require that any <br>shareholder proposal, including <br>a director nomination, that is <br>not submitted for inclusion in <br>next year's Proxy Statement <br>(either under SEC Rule 14a-8 <br>or our proxy access bylaw) but <br>is instead sought to be <br>presented directly at next <br>year's annual meeting, must be <br>received at our principal <br>executive offices no earlier <br>than 180 days and no later than <br>120 days before the first <br>anniversary of this year's <br>Annual Meeting.<br>|
| **Deadline for** <br>**Submitting These** <br>**Proposals**<br>| Proposals must be received <br>at our principal executive <br>offices no later than <br>11:59 p.m. Eastern Time on <br>**December 21, 2026.**<br>| Proposals must be received at our principal executive offices no <br>earlier than **December 4, 2026**, and no later than 11:59 p.m. <br>Eastern Time on **February 2, 2027.** | Proposals must be received at our principal executive offices no <br>earlier than **December 4, 2026**, and no later than 11:59 p.m. <br>Eastern Time on **February 2, 2027.** |
| **Where to Send These** <br>**Proposals**<br>| Mail proposals to our Corporate Secretary at Mail Code 482-22381-1101, 1240 Woodward Avenue, <br>Detroit, Michigan 48265, or send proposals by email to <u>shareholder.relations@gm.com</u>. | Mail proposals to our Corporate Secretary at Mail Code 482-22381-1101, 1240 Woodward Avenue, <br>Detroit, Michigan 48265, or send proposals by email to <u>shareholder.relations@gm.com</u>. | Mail proposals to our Corporate Secretary at Mail Code 482-22381-1101, 1240 Woodward Avenue, <br>Detroit, Michigan 48265, or send proposals by email to <u>shareholder.relations@gm.com</u>. |
| **What to Include** | Proposals must conform to <br>and include the information <br>required by SEC Rule 14a-8.<br>| Proposals must include information required by our Bylaws, <br>which are available on our website at <u>investor.gm.com/</u><br><u>governanceandsustainability</u>, and all requirements in Rule <br>14a-19(b), if applicable. | Proposals must include information required by our Bylaws, <br>which are available on our website at <u>investor.gm.com/</u><br><u>governanceandsustainability</u>, and all requirements in Rule <br>14a-19(b), if applicable. |

---

In connection with our solicitation of proxies for our 2027 Annual Meeting of Shareholders, we intend to file a proxy

statement and WHITE proxy card with the SEC. Stockholders may obtain our proxy statement (and any amendments and

supplements thereto) and other documents as and when filed with the SEC without charge from the SEC's website at:

<u>www.sec.gov</u>.

---

| | |
|:---|:---|
| **104** | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

Defined Terms, Commonly

Used Acronyms, and

Cautionary Statements

---

| | |
|:---|:---|
| **2025 Form 10-K** | GM's Annual Report on Form 10-K for the year ended December 31, 2025 |
| **AAFCF** | Adjusted Automotive Free Cash Flow |
| **Annual Meeting** | GM's Annual Meeting of Shareholders to be held on June 2, 2026 |
| **AAOCF** | Adjusted Automotive Operating Cash Flow |
| **AV** | Autonomous Vehicle |
| **Board** | GM's Board of Directors |
| **Bylaws** | GM's Amended and Restated Bylaws, dated as of October 3, 2024 |
| **CAP** | Compensation Actually Paid |
| **CEO** | Chief Executive Officer |
| **CFO** | Chief Financial Officer |
| **CISO** | Chief Information Security Officer |
| **Code of Conduct** | GM's Code of Conduct: "Winning with Integrity" |
| **Compensation Committee** | Executive Compensation Committee |
| **DB** | Defined Benefit |
| **DC** | Defined Contribution |
| **Director Compensation Plan** | General Motors Company Deferred Compensation Plan for Non-Employee Directors |
| **DSU** | Deferred Share Unit |
| **EBIT** | Earnings Before Interest and Taxes |
| **EBT** | Earnings Before Taxes |
| **EPS** | Earnings Per Share |
| **EV** | Electric Vehicle |
| **EY** | Ernst & Young LLP |
| **GAAP** | U.S. Generally Accepted Accounting Principles |
| **GHG** | Greenhouse Gas |
| **GICS** | Global Industry Classification Standard |
| **GM, General Motors, or** <br>**the Company**<br>| General Motors Company |
| **GM Financial** | General Motors Financial Company, Inc. |
| **GMI** | GM International |
| **GMNA** | GM North America |
| **Governance Committee** | Governance and Corporate Responsibility Committee |
| **ICE** | Internal Combustion Engine |
| **IRA** | Inflation Reduction Act |
| **IRC** | Internal Revenue Code |
| **IRS** | Internal Revenue Service  |

---

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **105** |

---

**Defined Terms, Commonly Used Acronyms, and Cautionary Statements** 

---

| | |
|:---|:---|
| **LTIP** | Long-Term Incentive Plan |
| **M&A** | Mergers and Acquisitions |
| **NEO** | Named Executive Officer |
| **Notice** | Notice Regarding the Availability of Proxy Materials |
| **NQ** | Nonqualified |
| **NYSE** | New York Stock Exchange |
| **OEM** | Original Equipment Manufacturer |
| **PAC** | Political Action Committee |
| **Proxies** | Mary T. Barra, Grant Dixton, and John S. Kim |
| **PSU** | Performance Share Unit |
| **R&D** | Research and Development |
| **ROIC** | Return on Invested Capital |
| **RSU** | Restricted Stock Unit |
| **SAR** | Stock Appreciation Right |
| **SCT** | Summary Compensation Table |
| **SEC** | U.S. Securities and Exchange Commission |
| **Senior Leadership Team** | Certain members of management who report directly to the CEO or the President |
| **Shares** | Unless otherwise indicated, GM's Common Stock, $0.01 par value per share |
| **STIP** | Short-Term Incentive Plan |
| **S&S** | Software and Services |
| **TSR** | Total Shareholder Return |

---

**Cautionary Note on Forward-Looking Statements**: This Proxy Statement may include "forward-looking statements" within the <br>meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical <br>fact. Forward-looking statements represent our current judgment about possible future events. In making these statements, we <br>rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected <br>future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are <br>reasonable, but these statements are not guarantees of any future events or financial results, and our actual results may differ <br>materially due to a variety of factors, many of which are described in our 2025 Form 10-K and our other filings with the SEC. We <br>caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date <br>they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as <br>a result of new information, future events, or other factors that affect the subject of these statements, except where we are <br>expressly required to do so by law.<br>**Non-GAAP Financial Measures**: See our 2025 Form 10-K and our other filings with the SEC for a description of certain non-GAAP <br>measures used in this Proxy Statement, along with a description of various uses for such measures. Our calculations are set forth <br>within these reports and Appendix A to this Proxy Statement, and may not be comparable to similarly titled measures of other <br>companies due to potential differences between companies in the method of calculation. As a result, the use of these non-GAAP <br>measures has limitations and should not be considered superior to, in isolation from, or as a substitute for related GAAP measures. <br>When we present our Company EBIT-adjusted, GM Financial is presented on an EBT-adjusted basis.<br>**Additional Information**: References to "record" or "best" performance (or similar statements) in this Proxy Statement refer to <br>General Motors Company, as established in 2009. In addition, certain figures included in the charts and tables in this Proxy <br>Statement may not sum due to rounding. Simulated models and pre-production models are shown throughout; production vehicles <br>will vary. For information on models shown, including availability, see each GM brand website for details.<br>

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **A-1** |

---

Appendix A: Non-GAAP

Financial Measures

**Non-GAAP Reconciliations**

Our Company reports its financial results in accordance with GAAP. However, management believes that certain non-GAAP

financial measures provide users with additional meaningful financial information.

Our non-GAAP measures presented in this Proxy Statement include: (i) EBIT-adjusted, presented net of noncontrolling interests,

and EBIT-adjusted margin (ii) EPS-diluted-adjusted, (iii) ROIC-adjusted, and (iv) adjusted automotive free cash flow. Our calculation

of these non-GAAP measures may not be comparable with similarly-titled measures of other companies due to potential

differences between companies in the method of calculation. As a result, the use of these non-GAAP measures has limitations and

should not be considered superior to, in isolation from, or as a substitute for related GAAP measures. See our 2025 Form 10-K and

our subsequent filings with the SEC for additional information about the non-GAAP measures presented herein, including a

description of the use of such measures. References to "record" or "best" performance (or similar statements) in this Proxy

Statement refer to General Motors Company, as established in 2009. In addition, certain figures included in the charts and tables in

this Proxy Statement may not sum due to rounding. The numbers in the tables below may not sum due to rounding.

The following table reconciles Net Income Attributable to Stockholders under GAAP to EBIT-adjusted and

EBIT-adjusted margin:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **($B)** | **2023** | **2024** | **2025** | **Total** |
| **Net Sales and Revenue** | **$171.8** | **$187.4** | **$185.0** | **$544.3** |
| **Net Income Attributable to Stockholders** | **10.1** | **6.0** | **2.7** | **18.8** |
| Income Tax Expense | 0.6 | 2.6 | 0.3 | **3.5** |
| Automotive Interest Expense | 0.9 | 0.8 | 0.7 | **2.5** |
| Automotive Interest Income | (1.1) | (1.0) | (0.9) | **(2.9)** |
| Adjustments: |  |  |  |  |
| EV strategic realignment<sup>(1)</sup> |  |  | 7.9 | **7.9** |
| China restructuring actions<sup>(2)</sup> |  | 4.0 | 0.8 | **4.9** |
| Legal matters<sup>(3)</sup> |  |  | 0.7 | **0.7** |
| Cruise restructuring<sup>(4)</sup> | 0.5 | 1.1 | 0.2 | **1.8** |
| Separation costs<sup>(5)</sup> | 1.0 | 0.2 | 0.1 | **1.3** |
| GMI exit costs<sup>(6)</sup> | (0.1) | 0.2 | 0.1 | **0.1** |
| Headquarters relocation<sup>(7)</sup> |  | 0.1 | 0.1 | **0.1** |
| Buick dealer strategy<sup>(8)</sup> | 0.6 | 1.0 |  | **1.5** |
| GM Korea wage litigation<sup>(9)</sup> | (0.1) |  |  | **(0.1)** |
| Total Adjustments | 1.9 | 6.5 | 9.8 | **18.2** |
| **EBIT-adjusted** | **$12.4** | **$14.9** | **$12.7** | **$40.0** |
| **EBIT-adjusted margin** |  |  | **6.9%** |  |
| Incentive Compensation Adjustments for 2023-2025 LTIP Result<sup>(10)</sup> |  |  |  | $0.5 |
| **EBIT-adjusted for 2023-2025 LTIP Result** |  |  |  | **$40.5** |
| **EBIT-adjusted Margin for 2023-2025 LTIP Result** |  |  |  | **7.4%** |

---

---

| | |
|:---|:---|
| A-2 | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Appendix A: Non-GAAP Financial Measures**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **($B)** | **2023** | **2024** | **2025** | **Total** |
| Incentive Compensation Adjustments for 2025 STIP Result<sup>(11)</sup> |  |  | **$2.3** |  |
| **2025 EBIT-adjusted for 2025 STIP Result** |  |  | **$15.0** |  |

---

<sup>(1)</sup> These adjustments were excluded because they relate to our strategic realignment of our EV capacity and manufacturing footprint.

These adjustments include $0.3 billion that was recorded in the three months ended June 30, 2025, associated with Ultium's

strategic realignment.

<sup>(2)</sup> These adjustments were excluded because they relate to restructuring activities associated with our operations in China, including an

other-than-temporary impairment and restructuring charges recorded in equity earnings associated with our "Automotive China

JVs" (as defined in our Annual Report on Form 10-K for the year ended December 31, 2025).

<sup>(3)</sup> These adjustments were excluded because they relate to investigations and litigation associated with our former OnStar Smart Driver

product and an indemnification charge for a European-wide Takata Corporation (Takata) related recall.

<sup>(4)</sup> These adjustments were excluded because they relate to restructuring charges resulting from the plan to combine the Cruise and GM

technical efforts to advance autonomous and assisted driving, the indefinite delay of the Cruise Origin, and the voluntary pausing in 2023

of Cruise's driverless, supervised, and manual AV operations in the U.S. The adjustments primarily consist of non-cash restructuring

charges, supplier-related charges, and employee separation costs.

<sup>(5)</sup> These adjustments were excluded because they relate to employee separation charges including the acceleration of attrition as part of

the cost reduction program announced in January 2023, primarily in the U.S.

<sup>(6)</sup> These adjustments were excluded because they primarily relate to the wind down of our manufacturing operations in Colombia and

Ecuador and an asset sale resulting from our strategic decision in 2020 to exit India.

<sup>(7)</sup> These adjustments were excluded because they relate to the GM headquarters relocation, primarily consisting of accelerated

depreciation and other relocation expenditures.

<sup>(8)</sup> These adjustments were excluded because they relate to strategic activities to transition certain Buick dealers out of our dealer network

as part of Buick's EV strategy.

<sup>(9)</sup> These adjustments were excluded because they relate to the partial resolution of subcontractor matters in Korea.

<sup>(10)</sup> This adjustment excludes total compensation expense related to Cruise share-based awards incurred over the three-year PSU

performance period.

<sup>(11)</sup> As discussed in the CD&A, the Compensation Committee determined for the EBIT-adjusted result that it was appropriate to apply a $3.1B

adjustment due to the direct impact of new 2025 tariffs measured across materials, components, raw materials and vehicles, and to

exclude $0.8B as this amount related to changes in our EV capacity and footprint, which drove performance improvements in 2025.

The following table reconciles Diluted Earnings per Common Share under GAAP to EPS-diluted-adjusted:

---

| | |
|:---|:---|
| **($ per Share)** | **2025** |
| Diluted Earnings per Common Share | $3.27 |
| Adjustments<sup>(1)</sup> | 10.12 |
| Tax effect of adjustments<sup>(2)</sup> | (2.17) |
| Return from preferred shareholders<sup>(3)</sup> | (0.61) |
| **EPS-diluted-adjusted** | **$10.60** |

---

<sup>(1)</sup> Refer to the reconciliation of Net Income Attributable to Stockholders under GAAP to EBIT-adjusted above for adjustment details.

<sup>(2)</sup> The tax effect of each adjustment is determined based on the tax laws and valuation allowance status of the jurisdiction to which the

adjustment relates.

<sup>(3)</sup> This adjustment consists of a return from the preferred shareholders related to the redemption of Cruise preferred shares from

noncontrolling interest holders.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **A-3** |

---

**Appendix A: Non-GAAP Financial Measures**

The following table summarizes the calculation of ROIC-adjusted:

---

| | |
|:---|:---|
| **($B)** | **2025** |
| **EBIT-adjusted**<sup>(1)</sup> | **$12.7** |
| Average equity<sup>(2)</sup> | 64.6 |
| Add: Average automotive debt and interest liabilities (excluding finance leases) | 16.2 |
| Add: Average automotive net pension and other post-retirement benefits liabilities | 8.5 |
| Less: Average automotive net income tax asset | (23.2) |
| **ROIC-adjusted average net assets** | **66.0** |
| **ROIC-adjusted** | **19.3%** |

---

<sup>(1)</sup> Refer to the reconciliation of Net Income Attributable to Stockholders under GAAP to EBIT-adjusted above for adjustment details.

<sup>(2)</sup> Includes equity of noncontrolling interests where the corresponding earnings (loss) are included in EBIT-adjusted.

---

| | |
|:---|:---|
| A-4 | ![06_GM_Stylesheet_Wordmark.jpg](gm-20260420_g3.jpg)<br>|

---

**Appendix A: Non-GAAP Financial Measures**

**Adjusted Automotive Free Cash Flow**

In the section titled "Compensation Discussion and Analysis," we present one of our incentive compensation measures,

adjusted automotive free cash flow, which is not prepared in accordance with GAAP. Below is a reconciliation of adjusted

automotive free cash flow (as calculated for incentive compensation purposes) to Net Automotive Cash Provided by

Operating Activities, its nearest GAAP measure. The numbers in the table below may not sum due to rounding.

---

| | | |
|:---|:---|:---|
| **($B)** | **2024** | **2025** |
| **Net Automotive Cash Provided by Operating Activities** | **$23.9** | **$18.7** |
| Less: Capital expenditures | (10.7) | (9.2) |
| Adjustments: |  |  |
| Add: Buick dealer strategy | 0.5 | 0.7 |
| Add: EV strategic realignment | 0.0 | 0.4 |
| Add: China restructuring actions | 0.0 | 0.2 |
| Add: Separation costs | 0.2 | 0.1 |
| Add: GMI exit costs | 0.1 | 0.0 |
| Add: Incentive compensation adjustments for 2025 STIP Result<sup>(1)</sup> | 0.0 | 3.8 |
| Less: Ultium strategic realignment | 0.0 | (0.4) |
| Total adjustments | 0.8 | 4.9 |
| **2025 Adjusted Automotive Free Cash Flow for 2025 STIP Result** | **$14.0** | **$14.4** |

---

<sup>(1)</sup> As discussed in CD&A, the Compensation Committee determined for the Adjusted Automotive Free Cash Flow result that it was

appropriate to apply a $3.8B adjustment due to the direct cash impact of new 2025 tariffs measured across materials, components, raw

materials and vehicles. Also reflects certain recall-related expenses attributable to events occurring in 2014.

---

| | |
|:---|:---|
| **2026 Proxy Statement** | **B-1** |

---

Appendix B: Amendment No. 2 to the

General Motors Company 2020

Long-Term Incentive Plan

This Amendment No. 2 to the General Motors Company 2020 Long-Term Incentive Plan, as amended by Amendment No. 1

(the "Plan") ("Amendment No. 2") is adopted by the Board of Directors (the "Board") of General Motors Company, a

Delaware corporation (the "Company") on April 20, 2026. This Amendment No. 2 will become effective on June 3, 2026,

following approval by the Company's shareholders at the Company's 2026 Annual Meeting of Shareholders.

WHEREAS, the Plan was originally adopted, upon receipt of approval by the Company's shareholders, effective as of

June 17, 2020;

WHEREAS, the Plan was amended, upon receipt of approval by the Company's shareholders, effective as of June 21, 2023;

WHEREAS, the Board desires to amend the Plan, subject to approval of the Company's shareholders, to increase the number

of shares of Company common stock available for issuance thereunder; and

WHEREAS, if the Company's shareholders fail to approve this Amendment No. 2, the existing Plan shall continue in full force

and effect.

NOW, THEREFORE, the Plan is hereby amended as follows:

1. Section 5(a) of the Plan is hereby deleted and replaced in its entirety with the following:

"(a) Subject to adjustment as provided in Section 5(c), the maximum aggregate number of Shares available for issuance

under the Plan shall not exceed the sum of (i) 50,000,000 Shares, as approved by shareholders effective June 17, 2020,

(ii) 27,000,000 Shares, as approved by shareholders effective June 21, 2023, and (iii) 27,000,000 Shares, as approved by

shareholders effective June 3, 2026, with each Share subject to (or deliverable with respect to) an Option, SAR, RSU or any

other Award reducing the number of Shares available for issuance under the Plan by one Share. The maximum number of

Shares available for issuance under Incentive Stock Options shall not exceed the sum of (i), (ii) and (iii) above."

2. The first sentence of Section 18 of the Plan is hereby deleted and replaced in its entirety with the following:

"Term of the Plan. No Award shall be granted under the Plan after the earliest to occur of (a) June 3, 2036, (b) the maximum

aggregate number of Shares available for issuance under the Plan have been issued, or (c) the Board terminates the Plan in

accordance with Section 15(a)."

3. Except as expressly set forth in this Amendment No. 2, all other terms and conditions of the Plan shall remain in

full force and effect.

![Image_0.jpg](gm-20260420_g137.jpg)

![01_PRO014722_GM_BC.jpg](gm-20260420_g138.jpg)

![proxycard_1.jpg](gm-20260420_g139.jpg)

![proxycard_2.jpg](gm-20260420_g140.jpg)