0000903129 2025-01-01 2025-12-31 0000903129 2024-01-01 2024-12-31 0000903129 2023-01-01 2023-12-31 0000903129 2022-01-01 2022-12-31 0000903129 2021-01-01 2021-12-31 0000903129 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000903129 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000903129 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0000903129 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000903129 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 0000903129 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000903129 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000903129 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000903129 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000903129 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000903129 1 2025-01-01 2025-12-31 0000903129 4 2025-01-01 2025-12-31 0000903129 2 2025-01-01 2025-12-31 0000903129 5 2025-01-01 2025-12-31 0000903129 3 2025-01-01 2025-12-31 iso4217:USD Gentherm Incorporated true <div style="color: rgb(0, 0, 0); font-weight: bold; font-size: 9pt;">Timing</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">Under the guidelines, the Committee intends to grant annual equity awards to all participants in an open trading window, generally in mid-March following the issuance of the Company’s annual earnings release and Annual Report on Form 10-K, provided that stock options or stock appreciation rights will only be granted during an open trading window.</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">For new hires and other one-time equity awards for existing or promoted executive officers, the Committee will approve a grant date to occur (a) in an open trading window if available within 60 days of the start date, retention program approval date or promotion date or (b) if the trading window is not expected to be open during such period, on or about the closing of the first business day of the month immediately following such date. For other participants receiving new hire or one-time equity awards, such equity awards will be granted on a date once per month around a common hire date that is pre-determined at the beginning of each calendar year.</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">In addition, the Committee will not grant equity awards to executive officers within the period starting four business days before the filing of a periodic report on Form 10-Q or 10-K or the filing or furnishing of a current report on Form 8-K that discloses material non-public information and ending one full business day after such filing.</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">Under the guidelines, the Committee confirms it (or its delegate, if any, for grants to non-executive officers) will not take into account material non-public information likely to materially impact the price of the Company’s common stock when determining the timing and terms of equity award grants, and will not coordinate the timing of equity award grants with the release of material non-public information likely to materially impact the price of the Company’s common stock.</div> <div style="color: rgb(0, 0, 0); font-size: 9pt;">Under the guidelines, the Committee intends to grant annual equity awards to all participants in an open trading window, generally in mid-March following the issuance of the Company’s annual earnings release and Annual Report on Form 10-K, provided that stock options or stock appreciation rights will only be granted during an open trading window.</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">For new hires and other one-time equity awards for existing or promoted executive officers, the Committee will approve a grant date to occur (a) in an open trading window if available within 60 days of the start date, retention program approval date or promotion date or (b) if the trading window is not expected to be open during such period, on or about the closing of the first business day of the month immediately following such date. For other participants receiving new hire or one-time equity awards, such equity awards will be granted on a date once per month around a common hire date that is pre-determined at the beginning of each calendar year.</div> true <div style="color: rgb(0, 0, 0); font-size: 9pt;">In addition, the Committee will not grant equity awards to executive officers within the period starting four business days before the filing of a periodic report on Form 10-Q or 10-K or the filing or furnishing of a current report on Form 8-K that discloses material non-public information and ending one full business day after such filing.</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">Under the guidelines, the Committee confirms it (or its delegate, if any, for grants to non-executive officers) will not take into account material non-public information likely to materially impact the price of the Company’s common stock when determining the timing and terms of equity award grants, and will not coordinate the timing of equity award grants with the release of material non-public information likely to materially impact the price of the Company’s common stock.</div> false false <div style="color: rgb(71, 0, 151); font-size: 12pt; font-weight: bold;">PAY VERSUS PERFORMANCE</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">We are providing the following information about the relationship between executive compensation actually paid (CAP) and certain financial performance of the Company as required by SEC rules. Please see “Compensation Discussion and Analysis” for discussion of our compensation philosophy and how the Compensation and Talent Committee structures our compensation program with performance-based and at-risk target compensation to motivate and reward the achievement of performance-based financial and other goals that align with our operational and strategic objectives. The SEC-defined CAP data set forth in the table below does not reflect amounts actually realized by the NEOs, and the Compensation and Talent Committee has not used or considered CAP previously in establishing the NEO compensation program. A significant portion of the CAP amounts shown relate to changes in values of unvested awards over the course of the reporting year. These unvested awards remain subject to significant risk from forfeiture conditions and possible future declines in value based on changes in our stock price. As described in detail in the “Compensation Discussion and Analysis” section above, the PSUs are subject to multi-year performance conditions tied to relative and absolute performance metrics and all of the RSUs and PSUs are subject to time vesting conditions. The ultimate values actually realized by the NEOs from unvested equity awards, if any, will not be determined until the awards fully vest.</div><div style="font-weight: bold;">Pay Versus Performance Table</div><table border="0" cellpadding="4" id="z50e935a4e521470d8e061708489a5dd3" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 5.07%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"><br/> </td> <td style="width: 14%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"><br/> </td> <td style="width: 15.22%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"><br/> </td> <td style="width: 14.24%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"><br/> </td> <td style="width: 13%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"><br/> </td> <td colspan="2" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); border-top: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Value Of Initial Fixed $100 </div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Investment Based On:</div> </td> <td style="width: 8.08%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="font-size: 8pt; text-align: right;"> </div> </td> <td style="width: 8.48%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="font-size: 8pt; text-align: right;"> </div> </td> </tr> <tr> <td style="width: 5.07%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Year</div> </td> <td style="width: 14%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Summary</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;"> Compensation</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Table Total</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">For PEO</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">($)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div> </td> <td style="width: 15.22%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Compensation</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Actually</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Paid To PEO</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">($)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div> </td> <td style="width: 14.24%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Average</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Summary</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Compensation</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Table Total For</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Non-PEO NEOs</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">($)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div> </td> <td style="width: 13%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Average</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Compensation</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;"> Actually Paid To</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;"> Non-PEO NEOs</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">($)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div> </td> <td style="width: 11%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Total</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Shareholder</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Return ($)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup></div> </td> <td style="width: 11.92%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Peer Group</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Total</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Shareholder</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Return</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">($)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup></div> </td> <td style="width: 8.08%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Net</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;"> Income</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">($ In</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;"> Millions) </div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(6)</sup></div> </td> <td style="width: 8.48%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Adjusted</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;"> EBITDA</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">($ In</div> <div style="color: rgb(0, 0, 0); font-weight: bold; text-align: right;">Millions) <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(7)</sup></div> </td> </tr> <tr> <td style="width: 5.07%; vertical-align: top; text-align: center;"> </td> <td style="width: 14%; vertical-align: top; text-align: right;"> </td> <td style="width: 15.22%; vertical-align: top; text-align: right;"> </td> <td style="width: 14.24%; vertical-align: top; text-align: right;"> </td> <td style="width: 13%; vertical-align: top; text-align: right;"> </td> <td style="width: 11%; vertical-align: top; text-align: right;"> </td> <td style="width: 11.92%; vertical-align: top; text-align: right;"> </td> <td style="width: 8.08%; vertical-align: top; text-align: right;"> </td> <td style="width: 8.48%; vertical-align: top; text-align: right;"> </td> </tr> <tr> <td style="width: 5.07%; vertical-align: top;"> <div style="text-align: center; color: rgb(88, 88, 88); font-size: 8pt;">2025</div> </td> <td style="width: 14%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">12,966,927</div> </td> <td style="width: 15.22%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">14,539,276</div> </td> <td style="width: 14.24%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">2,544,371</div> </td> <td style="width: 13%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">2,626,605</div> </td> <td style="width: 11%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">55.77</div> </td> <td style="width: 11.92%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">79.56</div> </td> <td style="width: 8.08%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;"> 18.3</div> </td> <td style="width: 8.48%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">174.8</div> </td> </tr> <tr> <td style="width: 5.07%; vertical-align: top; background-color: #F2F2F2;"> <div style="text-align: center; color: rgb(88, 88, 88); font-size: 8pt;">2024</div> </td> <td style="width: 14%; vertical-align: top; background-color: rgb(242, 242, 242);"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">6,316,439</div> </td> <td style="width: 15.22%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">(1,929,161)</div> </td> <td style="width: 14.24%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">2,245,511</div> </td> <td style="background-color: #F2F2F2; vertical-align: top; width: 13%;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">1,010,140</div> </td> <td style="width: 11%; vertical-align: middle;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">89.94</div> </td> <td style="width: 11.92%; vertical-align: middle; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">80.91</div> </td> <td style="width: 8.08%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">64.9</div> </td> <td style="width: 8.48%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">182.9</div> </td> </tr> <tr> <td style="width: 5.07%; vertical-align: top;"> <div style="text-align: center; color: rgb(88, 88, 88); font-size: 8pt;">2023</div> </td> <td style="width: 14%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">7,572,491</div> </td> <td style="width: 15.22%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">3,969,782</div> </td> <td style="width: 14.24%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">2,141,593</div> </td> <td style="width: 13%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">1,831,339</div> </td> <td style="width: 11%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">117.95</div> </td> <td style="width: 11.92%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">104.54</div> </td> <td style="width: 8.08%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">40.3</div> </td> <td style="width: 8.48%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">180.6</div> </td> </tr> <tr> <td style="width: 5.07%; vertical-align: top; background-color: #F2F2F2;"> <div style="text-align: center; color: rgb(88, 88, 88); font-size: 8pt;">2022</div> </td> <td style="width: 14%; vertical-align: top; background-color: rgb(242, 242, 242);"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">5,408,566</div> </td> <td style="width: 15.22%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">(1,128,864)</div> </td> <td style="width: 14.24%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">1,505,277</div> </td> <td style="width: 13%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">520,649</div> </td> <td style="width: 11%; vertical-align: top; background-color: rgb(242, 242, 242);"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">147.08</div> </td> <td style="width: 11.92%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">104.59</div> </td> <td style="width: 8.08%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">24.4</div> </td> <td style="width: 8.48%; vertical-align: top; background-color: #F2F2F2;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">129.8</div> </td> </tr> <tr> <td style="width: 5.07%; vertical-align: top;"> <div style="text-align: center; color: rgb(88, 88, 88); font-size: 8pt;">2021</div> </td> <td style="width: 14%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">5,972,977</div> </td> <td style="width: 15.22%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">10,669,937</div> </td> <td style="width: 14.24%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">1,470,524</div> </td> <td style="width: 13%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">1,525,029</div> </td> <td style="width: 11%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">195.76</div> </td> <td style="width: 11.92%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">142.18</div> </td> <td style="width: 8.08%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">93.4</div> </td> <td style="width: 8.48%; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt; text-align: right;">157.0</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="zc217efd4e34b4a719b671a12642ee7ed" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(1)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Reflects the amount reported in the “Total” column of the Summary Compensation Table for our Principal Executive Officer (“PEO”), as applicable, for each corresponding year. See “Named Executive Officer Compensation Tables – Summary Compensation Table for 2025, 2024, and 2023”.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="z15803d69cc444f2f86f76b809ef62ca6" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(2)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Amounts reported reflect CAP for Mr. Eyler from 2021 through 2024 and Mr. Presley in 2025 and for the other NEOs as a group (excluding Messrs. Eyler and Presley), as computed in accordance with Item 402(v) of Regulation S-K, for each corresponding year, which amounts do not reflect the actual amount of compensation earned by or paid to Messrs. Eyler and Presley or the other NEOs as a group (excluding Messrs. Eyler and Presley) during the applicable year. The adjustments below were made to Mr. Presley’s total compensation for 2025 and to the NEOs as a group (excluding Mr. Presley) for 2025 to determine the CAP for 2025 in accordance with the requirements of Item 402(v) of Regulation S-K. No amounts were reported in the “Change in Pension and Nonqualified Deferred Compensation” column of the Summary Compensation Table for 2025, so no defined benefit and actuarial pension plan adjustments were made 2025.</div> </td> </tr> </table><table border="0" cellpadding="0" id="z6905bb9eb1424f42a66a171f5b82e5dc" style="border-collapse: collapse; width: 90%; color: rgb(0, 0, 0); font-family: Arial; font-size: 10pt; text-align: left; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr> <td rowspan="1" style="width: 60%; vertical-align: top; padding-bottom: 1px;"> </td> <td colspan="2" rowspan="1" style="width: 15%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); text-align: center;"><span style="font-weight: bold;">Fiscal Year 2025  </span><br/> </td> </tr> <tr> <td style="width: 60%; vertical-align: top; padding-bottom: 1px;"> </td> <td colspan="1" style="border-right-width: 1px; border-right-style: solid; vertical-align: top; width: 15%; text-align: center; border-bottom: 1px solid rgb(0, 0, 0);"> <div> <span style="font-weight: bold;">PEO </span></div> <div><span style="font-weight: bold;">($)</span><br/> </div> </td> <td style="width: 15%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="text-align: center; font-weight: bold;">Non-PEO NEOs</div> <div style="text-align: center; font-weight: bold;">($)</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; border-bottom: 1px solid #000000; border-top: 1px solid #000000; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; font-weight: bold;">Summary Compensation Table total</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-bottom: 1px solid; border-right: 1px solid #000000; border-top: 1px solid; vertical-align: top; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> <span>12,966,927</span></td> <td style="background-color: #F2F2F2; border-bottom: 1px solid #000000; border-top: 1px solid #000000; vertical-align: top; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">2,544,371</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt;"><span style="font-weight: bold;">Adjustments:</span><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> </td> <td style="width: 15%; vertical-align: middle;"> </td> </tr> <tr> <td style="background-color: #F2F2F2; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Minus</span> reported value of equity awards<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(b)</sup></div> </td> <td colspan="1" style="background-color: #F2F2F2; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">7,804,910</td> <td style="background-color: #F2F2F2; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">1,144,421</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year end fair value of equity awards granted in the year</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">9,377,259 <br/> </td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">1,407,341</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year over year change in fair value of outstanding and unvested equity awards</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="background-color: #F2F2F2; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">(149,597)</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year over year change in fair value of equity awards granted in prior years that vested in the year</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">(31,089)</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; border-bottom: 1px solid; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Minus</span> fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-bottom: 1px solid; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="background-color: #F2F2F2; border-bottom: 1px solid; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 12pt;">―</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; font-weight: bold;">Compensation actually paid (CAP)</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">14,539,276 <br/> </td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">2,626,605</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="zbf86fa77f6a54c13864c5adcc992a974" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 36pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(a)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">The fair values of RSUs and PSUs included in the CAP to our PEO and the Average CAP to our other NEOs are calculated at the required measurement dates, consistent with the approach used to value the awards at the grant date as described in our Annual Report on Form 10-K for 2025. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. Any changes to the RSU and PSU fair values from the grant date (for current year grants) and from prior year-end (for prior year grants) are based on our updated stock price at the respective measurement dates, and for PSUs (Adjusted EBITDA/Relative Revenue Growth/Relative TSR/ROIC), updated Company performance metric projections.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="z0b27ac53dbab42cbb2025ae7d228079c" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 36pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(b)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Amounts reflect the grant date fair value of equity awards as reported in the “Stock Awards” column in the Summary Compensation Table for 2025. No amounts were reported in the “Option Awards” column in the Summary Compensation Table for 2025.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="z318ea9a052aa49b5bcb9ae42cfa4af57" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(3)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Reflects the average amount reported in the “Total” column of the Summary Compensation Table for our other NEOs as a group (excluding Messrs. Eyler and Presley) for each corresponding year. See “Named Executive Officer Compensation Tables – Summary Compensation Table for 2025, 2024, and 2023”. The names of each of the other NEOs (excluding Messrs. Eyler and Presley) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025, Mr. Douyard, Mr. Stocker, Ms. Wilson and Mr. Sundaram; (ii) for 2024, Mr. Anversa, Mr. Stocker, Ms. Wilson, Ms. Runyon and Ms. Xu; (iii) for 2023, Mr. Anversa, Mr. Stocker, Mr. Sundaram and Ms. Xu; (iv) for 2022, Mr. Anversa, Ms. Runyon, Mr. Stocker and Ms. Xu.; and (v) for 2021, Mr. Anversa, Mr. Fisch, Mr. Stocker, Ms. Xu and Mr. Giberson.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="zec7b125f0743466a85fb65444476e727" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(4)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">The cumulative TSR depicts a hypothetical $100 investment in our common stock. The amount is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. Historical stock performance is not necessarily indicative of future stock performance.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="ze284585aa1ee468aac1f178b9f8d4286" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(5)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">The cumulative TSR depicts a hypothetical $100 investment in our common stock. The amount represents the TSR for the Dow Jones US Auto Parts Index, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="z24c737e5316943b3a88646ae5afa1000" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(6)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Amounts reflect the net income as reported in the Company’s audited consolidated financial statements for the applicable year.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="z918c0cbe7eb146ed9b5d8e8a105e2cef" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(7)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Adjusted EBITDA is defined as earnings before interest, taxes, depreciation and amortization, deferred financing cost amortization, non-cash stock based compensation expenses, and other gains and losses not reflective of the Company’s ongoing operations and related tax effects, including transaction expenses, debt retirement expenses, impairment of assets held for sale, impairment of goodwill, gain or loss on sale of business, restructuring expense, unrealized currency gain or loss, and unrealized revaluation of derivatives. Beginning in 2023, the Company excluded the impact of non-cash stock-based compensation from Adjusted EBITDA results; prior years have not been restated. We may calculate Adjusted EBITDA differently in future years.</div> </td> </tr> </table> 12966927 14539276 2544371 2626605 55.77 79.56 18300000 174800000 6316439 -1929161 2245511 1010140 89.94 80.91 64900000 182900000 7572491 3969782 2141593 1831339 117.95 104.54 40300000 180600000 5408566 -1128864 1505277 520649 147.08 104.59 24400000 129800000 5972977 10669937 1470524 1525029 195.76 142.18 93400000 157000000 <table cellpadding="0" class="DSPFListTable" id="z15803d69cc444f2f86f76b809ef62ca6" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(2)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Amounts reported reflect CAP for Mr. Eyler from 2021 through 2024 and Mr. Presley in 2025 and for the other NEOs as a group (excluding Messrs. Eyler and Presley), as computed in accordance with Item 402(v) of Regulation S-K, for each corresponding year, which amounts do not reflect the actual amount of compensation earned by or paid to Messrs. Eyler and Presley or the other NEOs as a group (excluding Messrs. Eyler and Presley) during the applicable year. The adjustments below were made to Mr. Presley’s total compensation for 2025 and to the NEOs as a group (excluding Mr. Presley) for 2025 to determine the CAP for 2025 in accordance with the requirements of Item 402(v) of Regulation S-K. No amounts were reported in the “Change in Pension and Nonqualified Deferred Compensation” column of the Summary Compensation Table for 2025, so no defined benefit and actuarial pension plan adjustments were made 2025.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="z318ea9a052aa49b5bcb9ae42cfa4af57" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(3)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Reflects the average amount reported in the “Total” column of the Summary Compensation Table for our other NEOs as a group (excluding Messrs. Eyler and Presley) for each corresponding year. See “Named Executive Officer Compensation Tables – Summary Compensation Table for 2025, 2024, and 2023”. The names of each of the other NEOs (excluding Messrs. Eyler and Presley) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025, Mr. Douyard, Mr. Stocker, Ms. Wilson and Mr. Sundaram; (ii) for 2024, Mr. Anversa, Mr. Stocker, Ms. Wilson, Ms. Runyon and Ms. Xu; (iii) for 2023, Mr. Anversa, Mr. Stocker, Mr. Sundaram and Ms. Xu; (iv) for 2022, Mr. Anversa, Ms. Runyon, Mr. Stocker and Ms. Xu.; and (v) for 2021, Mr. Anversa, Mr. Fisch, Mr. Stocker, Ms. Xu and Mr. Giberson.</div> </td> </tr> </table> <table cellpadding="0" class="DSPFListTable" id="z15803d69cc444f2f86f76b809ef62ca6" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(2)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Amounts reported reflect CAP for Mr. Eyler from 2021 through 2024 and Mr. Presley in 2025 and for the other NEOs as a group (excluding Messrs. Eyler and Presley), as computed in accordance with Item 402(v) of Regulation S-K, for each corresponding year, which amounts do not reflect the actual amount of compensation earned by or paid to Messrs. Eyler and Presley or the other NEOs as a group (excluding Messrs. Eyler and Presley) during the applicable year. The adjustments below were made to Mr. Presley’s total compensation for 2025 and to the NEOs as a group (excluding Mr. Presley) for 2025 to determine the CAP for 2025 in accordance with the requirements of Item 402(v) of Regulation S-K. No amounts were reported in the “Change in Pension and Nonqualified Deferred Compensation” column of the Summary Compensation Table for 2025, so no defined benefit and actuarial pension plan adjustments were made 2025.</div> </td> </tr> </table><table border="0" cellpadding="0" id="z6905bb9eb1424f42a66a171f5b82e5dc" style="border-collapse: collapse; width: 90%; color: rgb(0, 0, 0); font-family: Arial; font-size: 10pt; text-align: left; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr> <td rowspan="1" style="width: 60%; vertical-align: top; padding-bottom: 1px;"> </td> <td colspan="2" rowspan="1" style="width: 15%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); text-align: center;"><span style="font-weight: bold;">Fiscal Year 2025  </span><br/> </td> </tr> <tr> <td style="width: 60%; vertical-align: top; padding-bottom: 1px;"> </td> <td colspan="1" style="border-right-width: 1px; border-right-style: solid; vertical-align: top; width: 15%; text-align: center; border-bottom: 1px solid rgb(0, 0, 0);"> <div> <span style="font-weight: bold;">PEO </span></div> <div><span style="font-weight: bold;">($)</span><br/> </div> </td> <td style="width: 15%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="text-align: center; font-weight: bold;">Non-PEO NEOs</div> <div style="text-align: center; font-weight: bold;">($)</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; border-bottom: 1px solid #000000; border-top: 1px solid #000000; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; font-weight: bold;">Summary Compensation Table total</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-bottom: 1px solid; border-right: 1px solid #000000; border-top: 1px solid; vertical-align: top; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> <span>12,966,927</span></td> <td style="background-color: #F2F2F2; border-bottom: 1px solid #000000; border-top: 1px solid #000000; vertical-align: top; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">2,544,371</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt;"><span style="font-weight: bold;">Adjustments:</span><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> </td> <td style="width: 15%; vertical-align: middle;"> </td> </tr> <tr> <td style="background-color: #F2F2F2; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Minus</span> reported value of equity awards<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(b)</sup></div> </td> <td colspan="1" style="background-color: #F2F2F2; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">7,804,910</td> <td style="background-color: #F2F2F2; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">1,144,421</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year end fair value of equity awards granted in the year</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">9,377,259 <br/> </td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">1,407,341</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year over year change in fair value of outstanding and unvested equity awards</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="background-color: #F2F2F2; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">(149,597)</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year over year change in fair value of equity awards granted in prior years that vested in the year</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">(31,089)</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; border-bottom: 1px solid; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Minus</span> fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-bottom: 1px solid; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="background-color: #F2F2F2; border-bottom: 1px solid; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 12pt;">―</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; font-weight: bold;">Compensation actually paid (CAP)</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">14,539,276 <br/> </td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">2,626,605</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="zbf86fa77f6a54c13864c5adcc992a974" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 36pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(a)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">The fair values of RSUs and PSUs included in the CAP to our PEO and the Average CAP to our other NEOs are calculated at the required measurement dates, consistent with the approach used to value the awards at the grant date as described in our Annual Report on Form 10-K for 2025. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. Any changes to the RSU and PSU fair values from the grant date (for current year grants) and from prior year-end (for prior year grants) are based on our updated stock price at the respective measurement dates, and for PSUs (Adjusted EBITDA/Relative Revenue Growth/Relative TSR/ROIC), updated Company performance metric projections.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="z0b27ac53dbab42cbb2025ae7d228079c" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 36pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(b)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Amounts reflect the grant date fair value of equity awards as reported in the “Stock Awards” column in the Summary Compensation Table for 2025. No amounts were reported in the “Option Awards” column in the Summary Compensation Table for 2025.</div> </td> </tr> </table> <table cellpadding="0" class="DSPFListTable" id="z15803d69cc444f2f86f76b809ef62ca6" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(2)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Amounts reported reflect CAP for Mr. Eyler from 2021 through 2024 and Mr. Presley in 2025 and for the other NEOs as a group (excluding Messrs. Eyler and Presley), as computed in accordance with Item 402(v) of Regulation S-K, for each corresponding year, which amounts do not reflect the actual amount of compensation earned by or paid to Messrs. Eyler and Presley or the other NEOs as a group (excluding Messrs. Eyler and Presley) during the applicable year. The adjustments below were made to Mr. Presley’s total compensation for 2025 and to the NEOs as a group (excluding Mr. Presley) for 2025 to determine the CAP for 2025 in accordance with the requirements of Item 402(v) of Regulation S-K. No amounts were reported in the “Change in Pension and Nonqualified Deferred Compensation” column of the Summary Compensation Table for 2025, so no defined benefit and actuarial pension plan adjustments were made 2025.</div> </td> </tr> </table><table border="0" cellpadding="0" id="z6905bb9eb1424f42a66a171f5b82e5dc" style="border-collapse: collapse; width: 90%; color: rgb(0, 0, 0); font-family: Arial; font-size: 10pt; text-align: left; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr> <td rowspan="1" style="width: 60%; vertical-align: top; padding-bottom: 1px;"> </td> <td colspan="2" rowspan="1" style="width: 15%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); text-align: center;"><span style="font-weight: bold;">Fiscal Year 2025  </span><br/> </td> </tr> <tr> <td style="width: 60%; vertical-align: top; padding-bottom: 1px;"> </td> <td colspan="1" style="border-right-width: 1px; border-right-style: solid; vertical-align: top; width: 15%; text-align: center; border-bottom: 1px solid rgb(0, 0, 0);"> <div> <span style="font-weight: bold;">PEO </span></div> <div><span style="font-weight: bold;">($)</span><br/> </div> </td> <td style="width: 15%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="text-align: center; font-weight: bold;">Non-PEO NEOs</div> <div style="text-align: center; font-weight: bold;">($)</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; border-bottom: 1px solid #000000; border-top: 1px solid #000000; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; font-weight: bold;">Summary Compensation Table total</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-bottom: 1px solid; border-right: 1px solid #000000; border-top: 1px solid; vertical-align: top; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> <span>12,966,927</span></td> <td style="background-color: #F2F2F2; border-bottom: 1px solid #000000; border-top: 1px solid #000000; vertical-align: top; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">2,544,371</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt;"><span style="font-weight: bold;">Adjustments:</span><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> </td> <td style="width: 15%; vertical-align: middle;"> </td> </tr> <tr> <td style="background-color: #F2F2F2; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Minus</span> reported value of equity awards<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(b)</sup></div> </td> <td colspan="1" style="background-color: #F2F2F2; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">7,804,910</td> <td style="background-color: #F2F2F2; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">1,144,421</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year end fair value of equity awards granted in the year</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">9,377,259 <br/> </td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">1,407,341</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year over year change in fair value of outstanding and unvested equity awards</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="background-color: #F2F2F2; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">(149,597)</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Plus</span> year over year change in fair value of equity awards granted in prior years that vested in the year</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">(31,089)</div> </td> </tr> <tr> <td style="background-color: #F2F2F2; border-bottom: 1px solid; vertical-align: middle; width: 60%;"> <div style="font-size: 8pt; margin-left: 9pt;"><span style="font-style: italic;">Minus</span> fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year</div> </td> <td colspan="1" style="background-color: #F2F2F2; border-bottom: 1px solid; border-right: 1px solid; vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: #000000; font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;"> ―</td> <td style="background-color: #F2F2F2; border-bottom: 1px solid; vertical-align: middle; width: 15%;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 12pt;">―</div> </td> </tr> <tr> <td style="width: 60%; vertical-align: middle;"> <div style="font-size: 8pt; font-weight: bold;">Compensation actually paid (CAP)</div> </td> <td colspan="1" style="border-right: 1px solid rgb(0, 0, 0); vertical-align: middle; width: 15%; padding: 0px 4px 0px 0px; color: rgb(0, 0, 0); font-size: 8pt; font-style: normal; font-variant: normal; font-weight: normal; text-align: right; text-transform: none;">14,539,276 <br/> </td> <td style="width: 15%; vertical-align: middle;"> <div style="text-align: right; color: rgb(88, 88, 88); font-size: 8pt;">2,626,605</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="zbf86fa77f6a54c13864c5adcc992a974" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 36pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(a)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">The fair values of RSUs and PSUs included in the CAP to our PEO and the Average CAP to our other NEOs are calculated at the required measurement dates, consistent with the approach used to value the awards at the grant date as described in our Annual Report on Form 10-K for 2025. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. Any changes to the RSU and PSU fair values from the grant date (for current year grants) and from prior year-end (for prior year grants) are based on our updated stock price at the respective measurement dates, and for PSUs (Adjusted EBITDA/Relative Revenue Growth/Relative TSR/ROIC), updated Company performance metric projections.</div> </td> </tr> </table><table cellpadding="0" class="DSPFListTable" id="z0b27ac53dbab42cbb2025ae7d228079c" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 36pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(b)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">Amounts reflect the grant date fair value of equity awards as reported in the “Stock Awards” column in the Summary Compensation Table for 2025. No amounts were reported in the “Option Awards” column in the Summary Compensation Table for 2025.</div> </td> </tr> </table> Mr. Eyler Mr. Eyler Mr. Eyler Mr. Eyler Mr. Presley 12966927 2544371 -7804910 -1144421 9377259 1407341 0 -149597 0 -31089 0 0 14539276 2626605 <table cellpadding="0" class="DSPFListTable" id="ze284585aa1ee468aac1f178b9f8d4286" style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0); border-spacing: 0px;"> <tr> <td style="width: 18pt;"><br/> </td> <td style="width: 18pt; vertical-align: top; color: rgb(88, 88, 88); font-size: 8pt;">(5)</td> <td style="width: auto; vertical-align: top;"> <div style="color: rgb(88, 88, 88); font-size: 8pt;">The cumulative TSR depicts a hypothetical $100 investment in our common stock. The amount represents the TSR for the Dow Jones US Auto Parts Index, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated.</div> </td> </tr> </table> Adjusted EBITDA <div style="font-size: 11pt; font-weight: bold;">Company Selected Measure</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">We have presented Adjusted EBITDA as the Company-selected measure in the table above in accordance with Item 402(v) of Regulation S-K. While the Company uses numerous financial and non-financial performance measures for the purpose of evaluating performance for the Company’s compensation programs, the Company has determined that Adjusted EBITDA is the financial performance measure that, in the Company’s assessment, represents the most important performance measure used by the Company to link CAP for the Company’s NEOs to Company performance for the most recently completed year that is not otherwise required to be disclosed in the pay versus performance table above. In identifying Adjusted EBITDA as the most important performance measure used by the Company to link CAP for the NEOs to performance for 2025, we considered that (1) the cash bonuses earned by the NEOs under the 2025 Senior Level Bonus Plan were based on the achievement of two financial performance metrics— Adjusted EBITDA and Adjusted Free Cash Flow Conversion—along with a strategic goals measurement, with Adjusted EBITDA being weighted the greatest at 50% and (2) 60-70% of the grant value of the 2025 equity awards granted to the NEOs was delivered via target PSUs, with 75% of the grant value of such target PSUs being earned based on our annual and three-year growth of Adjusted EBITDA Margin. We may determine a different financial performance measure to be the most important financial performance measure in future years.</div> <div style="font-size: 11pt; font-weight: bold;">Financial Performance Measures</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">As described in “Compensation Discussion and Analysis,” a significant portion of the NEO pay is performance-based and at-risk, consistent with the compensation philosophy established by the Compensation and Talent Committee. The NEO compensation program rewards the achievement of specific short-term (annual) and long-term financial and other goals, which are aligned with our operational and strategic goals. The most important financial performance measures used by the Company to link CAP for the Company’s NEOs to the Company’s performance for the most recently completed year are shown below.</div><table border="0" cellpadding="0" id="zc877595d99a54db387fdd908e833636c" style="border-collapse: collapse; width: 90%; color: rgb(0, 0, 0); font-family: Arial; font-size: 10pt; text-align: left; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr> <td colspan="1" rowspan="1" style="background-color: #460096; border-bottom: 2px solid #000000; vertical-align: top; width: 1%;"> </td> <td colspan="3" rowspan="1" style="background-color: rgb(70, 0, 150); border-bottom: 2px solid rgb(0, 0, 0); vertical-align: top; width: 24%; white-space: nowrap;"> <div style="color: rgb(255, 255, 255); font-size: 8pt; font-weight: bold;"> <br/> </div> <div style="color: rgb(255, 255, 255); font-size: 8pt; font-weight: bold;">MOST IMPORTANT PERFORMANCE MEASURES</div> <div style="color: rgb(255, 255, 255); font-size: 8pt; font-weight: bold;"> <br/> </div> </td> </tr> <tr> <td colspan="1" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 24%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold;">Adjusted EBITDA</div> </td> <td colspan="1" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 64%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold;">Revenue Growth</div> </td> </tr> <tr> <td colspan="1" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 24%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold;">Adjusted EBITDA Margin</div> </td> <td colspan="1" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 64%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold;">Relative TSR*</div> </td> </tr> <tr> <td colspan="1" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 24%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> <div style="color: rgb(0, 0, 0); font-weight: bold;">Adjusted Free Cash Flow Conversion</div> </td> <td colspan="1" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 64%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);"> </td> </tr> </table><div style="color: rgb(84, 85, 90); font-size: 8pt; margin-left: 36pt;">*Reflects the Company’s TSR compared to a peer group established by the Compensation and Talent Committee.</div> Adjusted EBITDA Revenue Growth Adjusted EBITDA Margin Relative TSR Adjusted Free Cash Flow Conversion <div style="font-size: 9pt; font-weight: bold;">Cap And Cumulative TSR</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">The CAP for Mr. Eyler from 2021 through 2024 and Mr. Presley in 2025 and the average CAP for the Company’s other NEOs as a group (excluding Messrs. Eyler and Presley) for 2021, 2022, 2023, 2024 and 2025 is presented in comparison to the Company’s cumulative TSR and to the Dow Jones U.S. Auto Parts Index (the peer group presented for this purpose) for the five years presented in the Pay Versus Performance Table above in the table below.</div><img alt="" src="ny20062556x1_def14aimg062.jpg"/> <div style="font-size: 9pt; font-weight: bold;">Cap And Cumulative TSR</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">The CAP for Mr. Eyler from 2021 through 2024 and Mr. Presley in 2025 and the average CAP for the Company’s other NEOs as a group (excluding Messrs. Eyler and Presley) for 2021, 2022, 2023, 2024 and 2025 is presented in comparison to the Company’s cumulative TSR and to the Dow Jones U.S. Auto Parts Index (the peer group presented for this purpose) for the five years presented in the Pay Versus Performance Table above in the table below.</div><img alt="" src="ny20062556x1_def14aimg062.jpg"/> <div style="font-size: 9pt; font-weight: bold;">Cap And Net Income</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">The CAP for Mr. Eyler from 2021 through 2024 and Mr. Presley in 2025 and the average CAP for the Company’s other NEOs as a group (excluding Messrs. Eyler and Presley) for 2021, 2022, 2023, 2024 and 2025 is presented in comparison to the Company’s net income over such periods in the table below.</div><div><img alt="" src="ny20062556x1_def14aimg063.jpg"/></div> <div style="font-size: 9pt; font-weight: bold;">Cap And Adjusted EBITDA</div><div style="color: rgb(0, 0, 0); font-size: 9pt;">The CAP for Mr. Eyler from 2021 through 2024 and Mr. Presley in 2025 and the average CAP for the Company’s other NEOs as a group (excluding Messrs. Eyler and Presley) for 2021, 2022, 2023, 2024 and 2025 is presented in comparison to the Company’s Adjusted EBITDA over such periods in the table below.</div><img alt="" src="ny20062556x1_def14aimg064.jpg"/> DEF 14A 0000903129 false