CEO James Ray returns 85,031 shares; 2025 stock award cancelled due to plan limits

Commercial Vehicle Group, Inc.

CEO Ray surrendered 85,031 unvested restricted shares for no consideration to cure Plan share limitation.
Original 805,031-share grant exceeded the Plan's annual limit by 85,031 due to stock price fluctuation.
2025 long-term incentive stock award for Ray (target $960K) cancelled; cash portion ($480K-$1.92M) remains.
Compensation Committee to seek replacement compensation for the cancelled stock award by June 30, 2026.
Amended restricted stock agreement (Exhibit 10.1) and termination agreement (Exhibit 10.2) executed.

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