Kevin P. Clark

Chairman of the Board and CEO at Aptiv

Board

Since April 2022

Age

62 years

Education

Holds a bachelor's degree in financial administration and a master's degree in finance from Michigan State University.

Tenure

Joined Aptiv in July 2010 as Vice President and Chief Financial Officer, advanced to Chief Operating Officer in October 2014, then became President and CEO in March 2015, and assumed the role of Chairman of the Board and CEO in April 2022.

Also at Aptiv

AJB

Allan J. Brazier

Vice President and Chief Accounting Officer

Benjamin Lyon

Senior Vice President and Chief Technology Officer

Javed Khan

President, Software and Advanced Safety

About

Kevin P. Clark is a seasoned executive with a strong foundation in finance and leadership, having built his career with a series of strategic roles that highlight his expertise in financial administration and operational excellence.

Beginning his career at Chrysler Corporation and later serving as CFO at Fisher-Scientific International Inc., he established a track record of financial leadership and corporate development. His early experiences laid the groundwork for his notable contributions as a founding partner at Liberty Lane Partners, LLC, where he focused on enhancing the performance of middle-market companies.

At Aptiv, his journey has been marked by a series of progressive roles. After joining the company as Vice President and Chief Financial Officer in July 2010, he advanced rapidly—first as Chief Operating Officer, then as President and CEO in March 2015, and most recently as Chairman of the Board and CEO in April 2022. Under his leadership, the company has focused on driving innovations in areas such as autonomous driving, connectivity, and electrification, positioning Aptiv as a leader in advanced automotive technology.

$APTV Performance Under Kevin P. Clark

Past Roles

Organization	Role	Date Range	Details
Aptiv PLC	President and CEO	March 2015	Became a Board member at that time
Aptiv PLC	Chief Operating Officer (COO)	October 2014 - March 2015	Responsible for business divisions and global supply chain
Aptiv PLC	Chief Financial Officer (CFO) and Executive Vice President	From February 2013	N/A
Aptiv PLC	Vice President and CFO	From July 2010	Oversaw financial activities including strategic planning, corporate development, FP&A, treasury, accounting, and tax
Liberty Lane Partners, LLC	Founding Partner	2007 - 2010	Focused on building and improving middle-market companies
Fisher-Scientific International Inc.	Chief Financial Officer (CFO)	2001 - 2006	Also served as Corporate Controller and Treasurer prior to becoming CFO
Chrysler Corporation	Financial Organization	N/A	Early career position in the financial organization

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,462,272	Annual	Fixed annual base salary
All Other Compensation	$311,861	Annual	Comprises Aptiv Contributions of $273,876 (includes 4% contribution of base salary plus matching up to 7%), Life Insurance of $185, and Other expenses of $37,800 for tax preparation

Performance Compensation

Data from FY 2023

Annual Incentive Plan (Non-Equity)

Metric Component	Weight	Threshold	Target	Maximum	Actual Result/Adjustment	Award Amount
Corporate Financial Performance	75%	40% payout	100% payout	200% payout	Calculated at 126% of target	Part of calculated award
Strategic Goals	25%	-	100% (80% achieved)	-	Achieved 80% of target	Part of calculated award
Weighted Overall Payout	-	-	115% of target	-	Reduced via negative discretion to 100%	$2,193,408 (actual payment)

Long-Term Incentive Plan (Equity – Performance-Based RSUs)

Component	Detail	Value/Detail
Performance Metrics	Equally weighted metrics	Average RONA, Cumulative Net Income, Relative TSR each at 33.3%
Payout Range	Payout multiplier	0% to 200% of target
Evaluation Period	Performance period	January 1, 2023 – December 31, 2025
Vesting Schedule	Vesting timing	Vests on December 31, 2025; settled in early 2026
Grant Date	Award grant date	February 28, 2023
Grant Date Fair Value	Target value for performance-based RSUs	$7,800,000
Grant Date Stock Price	Valuation basis	For RSUs: $116.28 for RONA/NI components; $170.34 for TSR component
Conditions	Forfeiture and performance criteria	Must meet performance thresholds; RSUs subject to forfeiture if conditions are not met

*The Annual Incentive Plan yielded an actual payment of $2,193,408 after adjusting the calculated payout from 115% to 100% via negative discretion. The Long-Term Incentive Plan awards are designed to align executive rewards with strategic performance over a three-year period. *