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GROUP 1 AUTOMOTIVE INC

For the period ended May 13, 2025. Filed Apr 4, 2025.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 13, 2025 · Filed Apr 4, 2025

GPI$261.35-1.9%Stored close · as of Nov 6, 2026
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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 RegistrantFiled by a Party other than the Registrant

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

GROUP 1 AUTOMOTIVE, INC.

(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):

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.

Our Core Values

Integrity

We conduct ourselves with the highest level of ethics both personally and professionally when we sell to and perform services for our customers without compromising our honesty.

Respect

We treat everyone, customers and colleagues alike, with dignity and equality.

Teamwork

We put the interest of the group first, before our individual interests, as we know that success only comes when we work together.

Transparency

We promote open and honest communication between each other and with our customers.

Professionalism

We set our standards high so that we can exceed expectations and strive for perfection in everything we do.

Notice of 2025 AnnualMeeting of Shareholders

PLACEOur 2025 Annual Meeting will be held in a virtual-only format at:www.virtualshareholdermeeting.com/GPI2025DATE AND TIMEMay 13, 20259:00 a.m. Central Daylight Saving TimeYour vote is very important. Please submit your proxy card or voting instruction form as soon as possible.

Who may voteIf you owned shares of Group 1 Automotive, Inc. (the “Company” or “Group 1”) common stock at the close of business on March 19, 2025, you are entitled to receive this Notice of the 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”) and to vote at the meeting, either during the virtual meeting or by proxy.How to attendTo be admitted to the 2025 Annual Meeting, enter the 16-digit voting control number found on your proxy card, voting instruction form, or email notification. You can find detailed instructions on pages 71-72 of this Proxy Statement.Please review this Proxy Statement and vote in one of the four ways shown to the right under “Voting Methods Available to You.”Houston, TexasApril 4, 2025By Order of the Board of DirectorsGillian A. HobsonSenior Vice President, Chief Legal Officer and Corporate Secretary

AGENDA
1Election of Nine Directors
2Advisory Vote to Approve Executive Compensation
3Ratification of Deloitte & Touche LLP as Independent Registered Public Accounting Firm
4Approve an Amendment to the Certificate of Incorporation to Eliminate Supermajority Requirements
5Shareholder Proposal: Simple Majority Vote

VOTING METHODS AVAILABLE TO YOU

InternetVisit the website shown on the proxy card (www.proxyvote.com), voting instruction form or electronic communications.

TelephoneCall the telephone number identified in your proxy card, voting instruction form or electronic communications.

MailSign, date and return your proxy card or voting instruction form in the enclosed envelope.

During the MeetingAttend the 2025 Annual Meeting online. See pages 71-72 for instructions on how to attend and vote online.

GROUP 1 AUTOMOTIVE 2025 PROXY STATEMENTi
Notice of 2025 Annual Meeting of Shareholdersi
Proxy Summary1
Proposal 1Election of Directors7
Corporate Governance15
Our Continuing Commitment to Sound Corporate Governance15
Governance Best Practices15
Code of Conduct15
Securities Trading Policy16
Board Leadership Structure16
Board Self-Evaluation16
Overview of the Self-Evaluation Process16
Board Committees17
Director Independence19
The Board’s Role19
Risk Management Oversight20
Succession Planning Oversight22
Corporate Responsibility Oversight23
Stakeholder Engagement and Responsiveness23
Compensation of Directors24
Pay Structure24
Equity-Based Compensation24
Nonqualified Deferred Compensation24
2024 Director Compensation25
Executive Officer Biographies26
Stock Ownership27
Stock Ownership Requirements27
Beneficial Stock Ownership of Directors and NEOs28
Certain Beneficial Owners29
Proposal 2Advisory Vote to Approve Executive Compensation30
Compensation Discussion and Analysis31
2024 Named Executive Officers31
Executive Summary32
How We Make Pay Decisions and Assess Our Programs35
2024 Principal Elements of Compensation38
2024 CEO Pay Decisions43
2024 Pay Decisions for Other NEOs44
Other Compensation Elements46
Other Executive Compensation Policies and Practices48
Report of the Compensation & Human Resources Committee49
Executive Compensation50
CEO Pay Ratio60
Pay Versus Performance Disclosure61
Audit Committee Report64
Proposal 3Appoint Deloitte & Touche LLP to Serve as Independent Auditor for 202565
Proposal 4Approve an Amendment to the Certificate of Incorporation to Eliminate Supermajority Requirements67
Proposal 5Shareholder Proposal: Simple Majority Voting69
Frequently Asked Questions About the Annual Meeting71
Appendix AReconciliation of GAAP Measures to Corresponding Non-GAAP Measures79
Appendix BApprove an Amendment to the Certificate of Incorporation to Eliminate Supermajority Requirements85

Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to be held on May 13, 2025. This Notice of the 2025 Annual Meeting of Shareholders and Proxy Statement, as well as the Company’s 2024 Annual Report, are available free of charge atwww.proxyvote.com. References in either document to our website are for the convenience of readers, and information available at or through our website is not a part of, nor is it incorporated by reference in, the Proxy Statement or the 2024 Annual Report.

The Board of Directors of Group 1 (the “Board”) is soliciting proxies to be voted at our 2025 Annual Meeting of Shareholders on May 13, 2025, and at any postponed or reconvened meeting. We expect that the proxy materials or a notice of internet availability will be mailed and made available to shareholders beginning on or about April 4, 2025. At the meeting, votes will be taken on the matters listed in the Notice of 2025 Annual Meeting of Shareholders.

iiGROUP 1 AUTOMOTIVE 2025 PROXY STATEMENT
ContentsView on SEC.gov

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