VISTEON CORP — Proxy Solicitation & Information Statement 2026

Apr 28, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

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VISTEON CORPORATION
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Notice of Annual Meeting of Stockholders To Visteon Stockholders, We invite you to attend our 2026 Annual Meeting of Stockholders at the Grace Lake Corporate Center. At this meeting you and the other stockholders will be able to vote on the following proposals, together with any other business that may properly come before the meeting.
1	Elect the eight director nominees named in the proxy statement to hold office until the next annual stockholders' meeting.
2	Ratify the appointment of Deloitte & Touche LLP as the Company's independent auditor for the year ending December 31, 2026.
3	Provide advisory approval of the Company’s executive compensation.
You may vote on these proposals in person or by proxy. If you cannot attend the meeting we urge you to vote by proxy so that your shares will be represented and voted at the meeting in accordance with your instructions. Instructions on how to vote by proxy are contained in the proxy statement and in the Notice of Internet Availability of Proxy Materials. Only stockholders of record at the close of business on April 15, 2026 will be entitled to vote at the meeting or any adjournment thereof. Please refer to page 55 of the proxy statement for further details. By order of the Board of Directors, Heidi A. Sepanik Secretary The accompanying proxy statement dated April 28, 2026, together with the enclosed form of proxy card and Notice of Internet Availability of Proxy Material, is first being mailed to stockholders of Visteon on or about April 28, 2026. Website references throughout this document are provided for convenience only, and the content on the referenced websites is not incorporated by reference into this document.

Meeting Details:
●	Date June 11, 2026
●	Time 10 a.m. ET
●	Place Grace Lake Corporate Center, One Village Center Drive, Van Buren Township, Michigan
Your vote is important. Even if you plan to attend the Annual Stockholders Meeting, we encourage you to vote your shares before the meeting to ensure they are counted.

Table of Contents

COMPANY OVERVIEW	1
Full-Year 2025 Summary	1
Governance Highlights	1
Corporate Responsibility	2
Stockholder Engagement	3
PROXY SUMMARY	4
Items to be Considered & Board Recommendations	4
Director Nominees	5
Executive Compensation Overview	6
ITEM 1 — ELECTION OF DIRECTORS	7
Director Nomina tions and Board Refreshment	8
Summary of Qualifications of Director Nominees	8
Nominees for Directors	9
CORPORATE GOVERNANCE	12
Corporate Governance Guidelines	12
Board Leadership Structure	12
Board Risk Oversight	13
Director Independence	13
Meetings and Executive Sessions	14
Board Committees	14
Audit Committee	14
Corporate Sustainability and Governance Committee	15
Organization and Compensation Committee	15
Technology Committee	16
Code of Ethics	16
Communications with the Board of Directors	16
DIRECTOR COMPENSATION	17
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT	18
Directors and Executive Officers	18
Other Beneficial Owners	19
TRANSACTIONS WITH RELATED PERSONS	19
EXECUTIVE COMPENSATION	20
Compensation Discussion and Analysis	20
Executive Summary	21
Pay for Performance Focus	22
2025 Say-on-Pay Advisory Vote Outcome	24
Executive Compensation Program Design and Governance Practices	24
What We Heard & How We Responded	25
Executive Compensation Program Administration	25

Executive Compensation Program Philosophy	26
Market Compensation Practices	26
Executive Compensation Program – Description of Primary Elements	27
Other Compensation Elements	30
Severance and Change in Control Benefits	31
Executive Compensation Policies	32
Statement Regarding Compensation Risk Assessment	33
Co mpensation Committee Report	33
Summary Compensation Table	34
Employment Agreement with Mr. Lawande	35
Visteon Corporation 2020 Incentive Plan as Amended	35
Retirement Benefits	38
Potential Payments Upon Termination	39
CEO Pay Ratio	45
Pay Versus Performance	45
Equity Compensation Plan Information	49
AUDIT COMMITTEE REPORT	50
Fees of Independent Registered Public Accounting Firm	51
Audit Committee Pre-approval Policies and Procedures	51
ITEM 2 — APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	52
ITEM 3 — PROVIDE AN ADVISORY VOTE ON EXECUTIVE COMPENSATION	53
ANNUAL MEETING VOTING INFORMATION AND OTHER MATTERS	54
Meeting Admission	54
Voting	54
How to Revoke Your Proxy	55
Stockholders Entitled To Vote and Ownership	55
Required Vote to Approve the Proposals	55
Where to Find Voting Results	56
Cost of Solicitation	56
2027 Stockholder Proposals and Nominations	56
MISCELLANEOUS	57
APPENDIX A — VISTEON DIRECTOR INDEPENDENCE GUIDELINES	A- 1
APPENDIX B — RECONCILIATION OF NON-GAAP FINANCIAL MEASURES	B- 1
APPENDIX C — DIRECTIONS TO GRACE LAKE CORPORATE CENTER	C- 1

2026 Proxy Statement Visteon Corporation 1

Table of Contents

Company Overview

Full-Year 2025 Summary 1

Net Sales $3,768M +2% Growth-over-Market 2 Adjusted EBITDA $492M 13.1% Margin Adjusted FCF $292M $472 Million Net Cash

STRONG SALES PERFORMANCE IN DISPLAY PRODUCTS RECORD LEVEL OF NEW BUSINESS WINS STRONG MARGIN EXPANSION AND CASH GENERATION DELIVERED ON CAPITAL ALLOCATION PRIORITIES

(1) See Appendix B to this Proxy Statement for reconciliations of adjusted free cash flow to cash provided by operating activities (the Company's most directly comparable

GAAP financial measure) and adjusted EBITDA to net income (the Company's most directly comparable GAAP financial measure), as well as other important

disclosures regarding our use of non-GAAP financial measures, including how such measures are calculated from the Company’s audited financial statements.

(2) Visteon year-over-year sales growth (excluding foreign exchange and net pricing) compared to production for Visteon customers weighted on Visteon sales contribution.

Governance Highlights

The Company believes good governance is a critical element to achieving shareholder value. We are committed to governance

policies and practices that serve the long-term interests of the Company and its stockholders, employees and stakeholders.

●	Executive sessions of independent directors held at each regularly scheduled Board meeting	●	All Board Committees composed entirely of independent directors
●	89% of Board is independent	●	Independent Board Chair
●	Share ownership guidelines for directors and executives	●	Commitment to corporate social responsibility
●	Proxy access right granted to stockholders	●	Annual Board and committee evaluations
●	Annual election of all directors	●	Majority voting for directors
●	Board Chair and Chief Executive Officer roles separated	●	Clawback policy covering financial restatement

2 Visteon Corporation 2026 Proxy Statement

Company Overview Table of Contents

Corporate Responsibility

BELIEFS AND VALUES

The Company and its Board of Directors believe positive and responsible business practices strengthen the Company, increase its

connection with the stockholders, and help it to better serve its customers and the communities in which it operates. The

Company’s commitment to social responsibility extends to a variety of areas including the environment, anti-corruption and trade

compliance, responsible sourcing, human rights, labor practices, and worker health and safety. In light of the continued importance

of these matters, the Board of Directors and management developed a multi-year roadmap to enhance the Company’s

sustainability and social responsibility programs and disclosures, including assessment of the potential risks associated with

climate change. This roadmap includes environmental targets aimed at reducing energy consumption, solid waste, water and the

reduction of scope 1 and scope 2 CO emissions through the use of renewable energy. The Company’s longer term greenhouse gas

("GHG") emission reduction target for 2030 which includes scope 3 CO emissions, has been validated by the Science Based

Targets initiative ("SBTi") and the Company is working to be carbon neutral by 2040. The full Board of Directors has oversight of the

Company’s environmental and social initiatives as part of its regular strategic reviews of the Company’s operations, products and

technologies. Management provides reports and presentations to the Corporate Sustainability and Governance Committee on the

Company’s environmental and social initiatives at all of their regularly scheduled meetings. Additional information about Visteon’s

corporate social responsibility efforts is available on our website at https://www.visteon.com/company/sustainability-community/

default.aspx. Please note, however, that information contained on the website is not incorporated by reference in this proxy

statement or considered to be a part of this document.

2030 Environmental Goals — -6% Energy and Water Use	75% Total Renewable Electricity Use
	1 & 2 -45% Direct & Indirect Operational Emissions	3 -25% Other Indirect Emissions
Delivering on near-term goals and committing to longer term greenhouse gas emissions reduction goals*

• Reduce total energy and water consumption, solid waste from 2025 levels, and CO 2 emissions from 2019 levels except scope 3 emissions which is measured from

2021.

2026 Proxy Statement Visteon Corporation 3

Table of Contents Company Overview

Stockholder Engagement

We believe that it is important to communicate regularly with stockholders regarding areas of interest or concern. We have a robust

stockholder engagement program that includes regular discussions regarding our long-term business strategy, corporate

governance, executive compensation, sustainability and other topics suggested by our stockholders. Visteon’s senior management

and investor relations team regularly engage with stockholders and respond to their questions during investor conferences, non-

deal roadshows, virtual meetings, and other investor events. This helps to ensure that our stockholders are heard and able to

communicate directly with us on these important matters.

Our relationship with stockholders is an important part of the Company’s success. The Board and management believe they best

execute their duties when they proactively listen to, seek to understand, and consider the opinions of our stockholders. We engage

with our stockholders and the broader corporate governance community through a year-round engagement program, which is

management-led and overseen by the Board. Our engagement program is designed to address questions and concerns, provide

perspective on Company policies and practices, seek stockholders input and incorporate feedback, as appropriate.

Who We Engage	How We Engage
We engage with a wide range of constituents, including the following: • Institutional shareholders • Proxy advisory firms • Sustainability rating firms • Regulators	We utilize multiple channels for engagement, including the following: • Quarterly investor calls and other investor-led conferences and presentations • Company-hosted investor meetings, both in-person and virtual • Annual Meeting of Stockholders • Various quarterly and annual reporting and disclosures
Who Is Involved	Topics of Engagement
• Independent Directors • Executive leadership team • Senior management • Subject matter experts	We cover a broad range of business topics in these interactions, including long term growth strategy, strategic initiatives, board composition and structure, business performance and execution, capital allocation, sustainability and human capital management.

In 2025, we engaged with stockholders collectively representing a majority of our Common Stock. Below is a selected sample of

our engagements with current and prospective stockholders as well as the broader corporate governance community.

2025 Communication and Engagement Highlights — January • Consumer Electronics Show Booth focusing on latest technologies	April • 1 st Quarter Earnings • Publication of 2025 Proxy Statement	July • 2 nd Quarter Earnings	October • 3rd Quarter Earnings • Non-Deal Roadshows in Boston, Montreal and New York City
February • 4 th Quarter and Full year 2024 Earnings • Publication of 2024 Form 10-K Filing	May • BNP Global EV & Mobility Conference • Non-Deal Roadshows in Tokyo	August • JPMorgan Auto Conference • Raymond James Industrial Showcase	November • Baird Global Industrial Conference • Non-Deal Roadshow in Tokyo
March • Wolfe Autos Summit Conference • Non-Deal Roadshows in Chicago, Kansas City and Milwaukee	June • Non-Deal Roadshows in Baltimore, Europe and Toronto • Wells Fargo Industrials & Materials Conference • Deutsche Bank Global Auto Industry Conference	September • RBC Capital Markets Global Industrials Conference • Wolfe Detroit Bus Tour • Non-Deal Roadshows in Denver, Los Angeles and San Francisco	December • Nasdaq Investor Conference

4 Visteon Corporation 2026 Proxy Statement

Table of Contents

Proxy Summary This summary provides highlights of information contained in this proxy statement. It does not contain all of the information that you should consider before voting. We encourage you to read the entire proxy statement. For more complete information regarding the Company’s 2025 performance, please read our 2025 Annual Report on Form 10-K.
Items to be Considered & Board Recommendations
Item		Votes Required for Approval	Board's Voting Recommendation	Page Reference
1	Elect directors	Majority of votes cast	FOR each nominee	7
2	Ratify the appointment of Deloitte & Touche LLP as the Company's independent auditor for the year ending December 31, 2026	Majority of votes present	FOR	52
3	Advisory approval of the Company’s executive compensation	Majority of votes present The vote on this item is nonbinding, but the Board will consider the results of the vote in making future decisions.	FOR	53
●	Our Notice of Annual Meeting and Proxy Statement, Annual Report on Form 10- K, electronic proxy card and other Annual Meeting materials are available on the Internet at www.proxyvote.com, together with any amendments to any of these materials that are required to be furnished to stockholders. If you receive a Notice of Internet Availability of Proxy Materials, you will not receive a paper or email copy of the proxy materials unless you request one in the manner set forth in the Notice.

Meeting Details:
●	Date June 11, 2026
●	Time 10 a.m. ET
●	Place Grace Lake Corporate Center, One Village Center Drive, Van Buren Township, Michigan
Ways to Vote:
●	Visit the website on your proxy card/voting instruction form to vote via the Internet.
●	Call the telephone number on your proxy card/voting instruction form to vote by telephone.
●
	Sign, date and return your proxy card to vote by mail.
●	Vote in person at the annual meeting. Owners with shares held through a bank or broker may vote in person at the meeting if they have a legal proxy from the bank or broker and bring it to the meeting.

2026 Proxy Statement Visteon Corporation 5

Table of Contents Proxy Summary

Director Nominees

Upon the recommendation of the Corporate Sustainability and Governance Committee, the Board has nominated the following

eight director nominees (all of whom are current directors) to be elected at the Annual Meeting of Stockholders. All of the nominees

for director are independent under applicable law and stock exchange listing standards, other than Mr. Lawande, who is our Chief

Executive Officer. Detailed information about each director nominee, including their background, skills and experience, can be

found under “Item 1—Election of Directors”.

Name	Age	Director Since	Independent	Primary Occupation	Other Public Boards
Jeffrey D. Jones	73	2010	●	Attorney, Kim & Chang	1
Bunsei Kure	69	2022	●	Former CEO Renesas Electronics	—
Sachin S. Lawande	58	2015		CEO and President of Visteon Corporation	1
Joanne M. Maguire	72	2015	●	Former EVP of Lockheed Martin Corporation	1
Robert J. Manzo	68	2012	●	Managing Member of RJM, LLC	1
Francis M. Scricco	76	2012	●	Former SVP, Avaya, Inc. and former President and CEO of Arrow Electronics, Inc.	—
Marjorie T. Sennett	65	2025	●	Former Managing Director, Farallon Capital Management, LLC	1
David L. Treadwell	71	2012	●	Former CEO and President of EaglePicher Corporation	—

HIGHLIGHTS OF SKILLS AND QUALIFICATIONS

88 % Financial Reporting Experience 63 % Industry Experience 75 % Global Experience 1 00 % CEO/Senior Officer Experience

●	Senior Leadership
●	Automotive Industry	5
●	International Business	6
●	Financial Literacy	7
●	Technology/Systems	2
●	Marketing/Sales	4
●	Governance & Sustainability	8
●	Academics/Research	1
●	Government/Public Policy	2

6 Visteon Corporation 2026 Proxy Statement

Proxy Summary Table of Contents

Executive Compensation Overview

For purposes of the Compensation Discussion & Analysis, (“CD&A”), Summary Compensation Table and other tables set forth in

this proxy statement, our Named Executive Officers (“NEOs") for the 2025 fiscal year were:

Sachin S. Lawande Director, President and Chief Executive Officer Jerome J. Rouquet Senior Vice President and Chief Financial Officer Brett D. Pynnonen Senior Vice President and Chief Legal Officer Robert R. Vallance Senior Vice President, Product Lines, China and APAC Supplier Strategy Kristin E. Trecker Senior Vice President and Chief People Officer

The CD&A beginning on page 20 includes additional detail on the following compensation highlights:

• Continued focus on performance based compensation through annual and long-term incentive programs

• Approximately 76% of average target named executive officer, or NEO, pay in 2025 was variable or at risk

2025 CEO Target Pay Mix

2025 Other NEOs Target Pay Mix

n Base Salary n Annual Incentive n Long-Term Incentive n Variable (At Risk)

• Balance short- and long-term incentives using multiple performance metrics, covering individual, financial and total

shareholder return performance.

• Have "double trigger" (qualifying termination of employment following a change in control) requirements for NEO

severance payments and/or equity acceleration for outstanding awards.

• Robust stock holding and ownership guideline requirements for our NEOs to ensure ongoing and meaningful alignment

with stockholders.

• Favorable support of approximately 89% of votes cast in 2025 for stockholders' Say-on-Pay reflecting their support of the

Company's executive compensation program.

2026 Proxy Statement Visteon Corporation 7

Table of Contents

Item One
Election of Directors The first proposal on the agenda for the Annual Meeting will be electing eight directors to hold office until the next Annual Meeting of Stockholders to be held in 2027.	●
We expect each nominee for election as a director to be able to serve if elected. If any nominee is not able to serve, proxies will be voted in favor of the remainder of those nominated and may be voted for substitute nominees, unless the Board chooses to reduce the number of directors serving on the Board. The Company’s Bylaws provide that in any uncontested election (an election in which the number of nominees for director is not greater than the number to be elected), each director shall be elected if the number of votes cast “for” the nominee’s election exceed the number of votes cast “against” that nominee’s election. The Bylaws also provide that any nominee who does not receive more votes cast “for” the nominee’s election than the number of votes cast “against” that nominee in an uncontested election is expected to promptly tender his or her resignation to the Chairman of the Board, which resignation shall be promptly considered through a process managed by the Corporate Sustainability and Governance Committee, to determine if a compelling reason exists for concluding that it is in the best interests of the Company for such incumbent to remain a director. The Corporate Sustainability and Governance Committee shall provide its recommendation to the Board with respect to any tendered resignation within 14 days of the certification of the election voting results and such recommendation shall be acted on by the Board within 30 days of the certification of the voting results. If a resignation offer is not accepted by the Board, it will publicly disclose its decision, including a summary of reasons for not accepting the offer of resignation. In a contested election (an election in which the number of nominees for director is greater than the number to be elected), the directors shall be elected by a plurality of the votes of the shares present in person or represented by proxy at the meeting and entitled to vote on the election of directors.	Jeffrey D. Jones Bunsei Kure Sachin S. Lawande Joanne M. Maguire Robert J. Manzo Francis M. Scricco Marjorie T. Sennett David L. Treadwell The Board of Directors recommends that you vote "FOR" each nominee.

8 Visteon Corporation 2026 Proxy Statement

Item One Table of Contents

Director Nominations and Board Refreshment

The Corporate Sustainability and Governance Committee assesses all director candidates, whether submitted by management, a

stockholder or otherwise, and recommends nominees for election to the Board. In April 2026, the Corporate Sustainability and

Governance Committee determined that all incumbent directors wishing to stand for election this year should be re-nominated to

stand for election at this Annual Meeting. Two of the current directors, Naomi Bergman and James Barrese, are not standing for re-

election to the Board and their respective terms on the Board will end as of the 2026 Annual Meeting. Pursuant to the Corporate

Governance Guidelines, the Committee considered Mr. Scricco's age when recommending that he stand for re-election. The key

considerations for Board candidates in this process included: specific skills and intellectual capital aligned with the Company’s

future strategic and operating plans, strong commitment to increasing stockholder value, core business competencies, including a

record of success, financial literacy, a high degree of ethics and integrity, interpersonal skills, enthusiasm, independence and prior

board experience. The Board considers diversity to be an important factor in the selection and nomination of director candidates.

Board refreshment is also critical as the automotive industry changes and the Company’s business strategy evolves. At the same

time, the Company also benefits from having seasoned directors on our Board who are well-versed in the Company’s business and

help facilitate the transfer of institutional knowledge. The current composition reflects the balance the Board seeks between

different perspectives brought by long-serving and new directors. The Board concurred with the recommendations of the Corporate

Sustainability and Governance Committee, and it believes that the overall mix of the backgrounds of the nominees for election at

the Annual Meeting provides for a diverse and highly qualified Board. The specific experiences, qualifications and skills that were

considered in their initial selection, and considered by the Board in their nomination, are included in the matrix below and after each

of the individual biographies. Ms. Maquire and Messrs. Jones, Kure, Lawande, Manzo, Scircco and Treadwell are current directors

who were elected by our stockholders at the last Annual Meeting with support for each director nominee exceeding 88%. Ms.

Sennett is a current director and nominee who was appointed after the last Annual Meeting.

Summary of Qualifications of Director Nominees

The following table highlights the specific skills, experience, qualifications and attributes that each of the director nominees brings

to the Board. A particular director may possess other skills, experience, qualifications or attributes even though they are not

indicated below.

		Jones	Kure	Lawande	Maguire	Manzo	Scricco	Sennett	Treadwell
Skills & Experience
●	Senior Leadership Experience	•	•	•	•	•	•	•	•
●	Automotive Industry Experience	•	•	•		•			•
●	International Business Experience	•	•	•		•	•		•
●	Financial Literacy		•	•	•	•	•	•	•
●	Technology/Systems Expertise			•	•
●	Marketing/Sales Experience		•	•			•		•
●	Governance, Sustainability & Compliance Experience	•	•	•	•	•	•	•	•
●	Academic/Research Experience				•
●	Government/Public Policy Expertise	•			•

2026 Proxy Statement Visteon Corporation 9

Table of Contents Item One

Nominees for Directors

●
Mr. Jones is an attorney with Kim & Chang, a South Korea-based law firm, a position he has held since 1980. Mr. Jones serves as Chairman of the Board of Partners for Future Foundation and Ronald McDonald House Charities of Korea, both Korean non-profit foundations. He also serves on the board of SPC SAMLIP CO., LTD.
Mr. Jones has over thirty years of international legal experience, with particular focus on Asia. He has served on the boards of multinational companies and has been active in civic and charitable activities. He has served as chairman of the American Chamber of Commerce in Korea, as an advisor to several organizations and government agencies in Korea, and as a recognized member of the Korean Regulatory Reform Commission.

●
Mr. Kure is the former Chief Executive Officer of Renesas Electronics, a leading supplier of semiconductor solutions to the global automotive industry, a position he held from June 2016 until his retirement in June 2019. Prior to that he served as Executive Vice President and then as Chief Operating Officer of Nidec, the world’s largest electric motor company, from June 2013 to September 2015 and as the Chief Executive Officer of Calsonic Kansei, a large tier-1 supplier that is now part of Marelli, from June 2008 to March 2013. Mr. Kure also served on the board of Nippon Avionics Co., Ltd. during the past five years.
Mr. Kure brings extensive experience in the global automotive and semiconductor industries, and knowledge of the Japanese automotive industry, including deep networks within Japanese OEMs and suppliers.

●
Mr. Lawande has been Visteon's Chief Executive Officer, President and a Director of the Company since June 2015. Before joining Visteon, Mr. Lawande served as Executive Vice President and President, Infotainment Division of Harman International Industries, Inc., an automotive supplier, from July 2013 to June 2015. From July 2011 to June 2013, he served as Executive Vice President and President of Harman’s Lifestyle Division, and from July 2010 to June 2011 as Executive Vice President and Co-President, Automotive Division. Prior to that he served as Harman’s Executive Vice President and Chief Technology Officer since February 2009. Mr. Lawande joined Harman International in 2006, following senior roles at QNX Software Systems and 3Com Corporation. He also serves on the board of directors of Cognex Corporation, and within the last five years served on the board of directors of DXC Technology Company.
Mr. Lawande brings extensive automotive industry leadership experience, including leadership roles with a global automotive components supplier, as well as deep expertise spanning technology, software, and innovation.

10 Visteon Corporation 2026 Proxy Statement

Item One Table of Contents

●
Ms. Maguire served as an Executive Vice President of Lockheed Martin Corporation and President of its Space Systems Company, a provider of advanced-technology systems for national security, civil and commercial customers, from July 2006 until she retired in May 2013. Ms. Maguire joined Lockheed Martin in 2003, following 28 years of employment at TRW’s Space & Electronics sector (now part of Nothrop Grumman). Throughout her career, she has held senior leadership roles in program management, engineering, advanced technology, manufacturing, and business development. Ms. Maguire also serves on the board of directors of CommScope Holdings Company, Inc. During the past five years, Ms. Maguire also served on Tetra Tech, Inc.
Ms. Maguire has extensive experience in the technology sector, including senior leadership positions with a publicly traded company, executive responsibility for operations and profitability, and board service on multiple high tech corporations.

●
Mr. Manzo is the founder and managing member of RJM, LLC, a provider of consulting services to troubled companies, a position he has held since 2005. From 2000 to 2005, Mr. Manzo was a senior managing director of FTI Consulting, Inc., a global business advisory firm. He also serves on the board of directors of Bristow Group Inc., and within the last five years served on the board of directors of ADVANZ PHARMA Corp.
Mr. Manzo has extensive experience advising companies and management in the automotive and other industries, and as a non-practicing CPA, possesses financial and accounting expertise.

●
Mr. Scricco is the former Senior Vice President, Manufacturing, Logistics and Procurement of Avaya, Inc., a global business communications provider, a position he held from February 2007 until his retirement in October 2008. Prior to that he was Avaya’s Senior Vice President, Global Services since March 2004. Prior to joining Avaya, Inc., Mr. Scricco was employed by Arrow Electronics as its Chief Operating Officer from 1997 to 2000, and as its President and Chief Executive Officer from 2000 to 2002. His first operating role was as a general manager for General Electric. Mr. Scricco began his career with the Boston Consulting Group in 1973. Mr. Scricco currently also serves on the boards of Ecobat, LLC and PAK Quality Foods Holdings, LLC, both privately held companies, and he served on the boards of Masonite International Corporation and Transportation Insight, LLC during the past five years.
Mr. Scricco has extensive global business leadership experience, including public company board service. Mr. Scricco has spent more than twenty-five years as a senior P&L manager in six different industries. His P&L experience ranges from CEO of a venture capital technology start-up to CEO of a $13 billion publicly traded Fortune 200 company.

2026 Proxy Statement Visteon Corporation 11

Table of Contents Item One

●
Ms. Sennett served as Managing Director of Farallon Capital Management, LLC, an institutional asset management firm, from 2004 until her retirement in June 2009. She initially joined Farallon in 2001 as a senior research analyst and consultant. Earlier in her career, Ms. Sennett was Chief Financial Officer of eGroups, Inc., where she co‑led the company’s sale to Yahoo! Inc., and Chief Financial Officer of Amylin Pharmaceuticals, Inc., where she led the company’s initial public offering and subsequent follow‑on equity offerings. Ms. Sennett also serves as a member of the Board of Directors of Cognex Corporation.
Ms. Sennett brings public board experience, extensive knowledge of corporate finance and financial reporting, financial leadership in fast-growing companies in the technology and biotechnology sectors, and experience as an institutional investor.

●
Mr. Treadwell is the former President and CEO of EP Management Corporation, formerly known as EaglePicher Corporation, a position he held from August 2006 to September 2011; and he served as their chief operating officer from June 2005 to July 2006. Prior to that, he served as Oxford Automotive’s CEO from 2004 to 2005. In addition to Visteon, Mr. Treadwell currently serves on the board of New York Community Bank. During the past five years, Mr. Treadwell has also served on the board of directors of AGY, LLC, FairPoint Communications Inc., Revere Industries, Sungard Availability Services Capital, Inc., Tweddle LLC, U.S. Well Services, Inc. and WinCup LLC.
Mr. Treadwell has extensive experience advising and leading companies in the automotive and other industries.

The Board of Directors recommends that you vote "FOR" the election of Jeffrey D. Jones, Bunsei Kure, Sachin S. Lawande, Joanne M. Maguire, Robert J. Manzo, Francis M. Scricco, Marjorie T. Sennett, and David L. Treadwell as directors.

12 Visteon Corporation 2026 Proxy Statement

Table of Contents

Corporate Governance

Corporate Governance Guidelines

The Board has adopted Corporate Governance Guidelines to define the role of the Board, its structure and composition, as well

as set forth principles regarding director commitment expectations and compensation. The guidelines also limit the number of

other boards a director may serve on and the maximum age of directors. A copy of the Corporate Governance Guidelines is

available on our website at https://www.visteon.com/company/governance/governance-documents/default.aspx.

Board Leadership Structure

Since September 2012, the Board has separated the positions of Chairman and Chief Executive Officer by appointing a non-

executive Chairman. The non-executive Chairman serves in a lead capacity to coordinate the activities of the other outside

directors and to perform the duties and responsibilities as the Board of Directors may determine from time to time. Currently,

these responsibilities include:

• Presiding at all meetings of stockholders;

• Convening and presiding at all meetings of the Board, including executive sessions of the independent directors;

• Developing, with the assistance of the Chief Executive Officer (the “CEO”), the agenda for all Board meetings;

• Collaborating with the CEO, committee Chairs, and other directors to establish meeting schedules, agendas, and

materials in order to ensure that all directors can perform their duties responsibly and that there is sufficient time for

discussion of all agenda items;

• Advising the CEO on the quantity, quality, and timeliness of information delivered by management to the Board and

providing input so that directors can effectively and responsibly perform their duties;

• Counseling the CEO on issues of interest or concern to directors and encouraging all directors to engage the CEO with

their interests and concerns;

• Serving as a liaison on Board-related issues between directors and the CEO and management although directors

maintain the right to communicate directly with the CEO or any member of management on any matter;

• Assisting the Board and the Company’s officers in assuring compliance with and implementation of the Company’s

Corporate Governance Guidelines;

• Working in conjunction with the Corporate Sustainability and Governance Committee to recommend revisions, as

appropriate, to the Corporate Governance Guidelines;

• Making recommendations to the Board concerning the retention of counsel and consultants who report directly to the Board

on board matters (as opposed to committee counsel or consultants);

• Working with the Chair of each committee during the annual review of committee charters and work with the Chair of the

Corporate Sustainability and Governance Committee with respect to committee assignments and the recruitment and

selection of new Board members;

• Representing the Board in stockholder engagement meetings and similar activities with other stakeholders, serve as a focal

point for stockholder communications addressed to directors, and advise the CEO of the timing and substance of such

communications; in each case as approved by the Board;

• Convening special meetings of the Company’s stockholders consistent with the terms of the Company’s Bylaws from time to

time in effect; and

• Helping set the tone for the highest standards of ethics and integrity.

The Board believes that a non-executive Chairman can help provide effective, independent Board leadership.

2026 Proxy Statement Visteon Corporation 13

Table of Contents Corporate Governance

Board Risk Oversight

	Board of Directors Overall Risk Oversight
Oversight of Designated Risks
Audit Committee	Corporate Sustainability and Governance Committee	Organization and Compensation Committee	Technology Committee
●	Reporting	Oversight and Direction	●
Senior Management

The Board believes that its primary responsibility is to oversee the business and affairs of the Company for the protection and

enhancement of stockholder value, which includes assessing major risks facing the Company and options for mitigating these

risks. The Board reviews, oversees and monitors risks and mitigation strategies related to the Company’s business strategy,

business continuity, cybersecurity, artificial intelligence (AI), and the impact on the Company’s financial planning. The committees

help the Board carry out this responsibility by focusing on specific key areas of risk inherent in our business.

• The Audit Committee oversees risks associated with financial and accounting matters, including compliance with legal and

regulatory requirements, enterprise cybersecurity, and the Company’s financial reporting and internal control systems.

• The Corporate Sustainability and Governance Committee oversees risks associated with corporate governance and

sustainability policies and practices, including Board structure, director succession planning and climate change.

• The Organization and Compensation Committee helps ensure that the Company’s compensation policies and practices

support the retention and development of executive talent with the experience required to manage risks inherent to the

business and do not encourage or reward excessive risk-taking by our executives.

• The Technology Committee oversees risks associated with new product development and technology strategies including

product-related cybersecurity and responsible artificial intelligence (AI) practices.

The Board receives regular updates from the committees about their activities in this regard. The Company’s enterprise risk

management approach utilizes an annual risk assessment consisting of Board member and management level employee

interviews, surveys, and feedback which identify changes to the Company’s risk exposure and overall risk environment as it relates

to cybersecurity, financial, compliance, operational and strategic risk areas including business model changes and talent retention.

The results of management’s review are reported to the Board by the Chief Executive Officer, Chief Accounting Officer and/or Chief

Legal Officer.

Director Independence

The Corporate Governance Guidelines adopted by the Board of Directors provide that a majority of the members of the Board, and

each member of the Audit, Organization and Compensation, and Corporate Sustainability and Governance Committees, must meet

the independence criteria of applicable law and stock exchange listing standards. For a director to be considered independent, the

Board must determine that the director does not have any direct or indirect material relationship with the Company. To assist it in

determining director independence, the Board of Directors has adopted the Visteon Director Independence Guidelines, which are

attached to this proxy statement as Appendix A. The Visteon Director Independence Guidelines contain categorical standards of

independence which conform to, or are more exacting than applicable law and stock exchange listing standards. In addition to

applying its guidelines, the Board will consider all relevant facts and circumstances that it is aware of in making an independence

determination.

14 Visteon Corporation 2025 Proxy Statement

Corporate Governance Table of Contents

The Board undertook its annual review of director independence in April 2026, and, based on the listing standards of the Nasdaq

Stock Market and the Visteon Director Independence Guidelines, the Board has affirmatively determined that all of the non-

employee directors standing for re-election, namely Ms. Maguire, Ms. Sennett, and Messrs. Jones, Kure, Manzo, Scricco, and

Treadwell, are independent. None of these non-employee directors currently has any relationship with the Company (other than as

a director or stockholder). Mr. Lawande is not independent due to his employment as a senior executive of the Company.

Meetings and Executive Sessions

During 2025, the Board of Directors held eight (8) regularly scheduled and special meetings and took action by written consent one

(1) time in lieu of a meeting. Under the Company’s Corporate Governance Guidelines, directors are expected to attend all

scheduled Board and committee meetings as well as the Company’s Annual Meeting of Stockholders. No director attended less

than 75% of the aggregate number of meetings of the Board and Board committees on which he or she served during 2025. All

current directors who were also on the Board at the time of such meeting attended the last Annual Meeting of stockholders in 2025.

Pursuant to the Corporate Governance Guidelines, the non-employee directors meet without management at the end of every

regularly scheduled Board meeting. The presiding director at these meetings is the non-executive Chairman or if there be none, the

most tenured independent director in attendance.

Board Committees

The Board has established four standing committees. The principal functions of each committee are briefly described on the

following pages. Additional special committees under the direction of the Board may be established when necessary to address

specific issues.

Audit Committee

Members: Robert J. Manzo (Chair) Naomi M. Bergman Marjorie T. Sennett David L. Treadwell Meetings in 2025: 6

The duties of the Audit Committee are generally: • To select and evaluate the independent registered public accounting firm; • To approve all audit and non-audit engagement fees and terms; • To review the activities and the reports of the Company’s independent registered public accounting firm including the critical audit matters described in their annual report; • To review internal controls, accounting practices, financial structure and financial reporting, including the results of the annual audit and review of interim financial statements; • To review and monitor enterprise cybersecurity, information security and risk mitigation programs; • To review and monitor compliance procedures; and • To report the results of its review to the Board. The charter of the Audit Committee, as well as any future revisions to such charter, is available on the Company’s website at https://www.visteon.com/company/governance/board-committees/ default.aspx. The Audit Committee Report can be found beginning on page 50 .

All the members of the Audit Committee are considered independent under the rules and regulations of the Securities and

Exchange Commission, the Nasdaq Stock Market listing standards and the Visteon Director Independence Guidelines. The Board

has determined that each of the current members of the Audit Committee has “accounting and related financial management

expertise” within the meaning of the listing standards of the Nasdaq Stock Market, understands non-GAAP financial measures, and

that Ms. Sennett and Messrs. Manzo and Treadwell are each qualified as an “audit committee financial expert” within the meaning

of the rules and regulations of the Securities and Exchange Commission.

2026 Proxy Statement Visteon Corporation 15

Table of Contents Corporate Governance

Corporate Sustainability and Governance Committee

Members: Robert J. Manzo (Chair) James J. Barrese Bunsei Kure Jeffrey D. Jones Meetings in 2025: 5

The duties of the Corporate Sustainability and Governance Committee are generally: • To develop corporate governance principles and monitor compliance therewith; • To review the performance of the Board as a whole; • To review and recommend to the Board compensation for outside directors; • To develop criteria for Board membership; • To identify, review and recommend director candidates; • To review and monitor environmental, safety and health matters; and • To oversee the Company’s sustainability initiatives including but not limited to environmental and social policies, programs and reporting. The charter of the Corporate Sustainability and Governance Committee, as well as any future revisions to such charter, is available on the Company’s website at https://www.visteon.com/ company/governance/board-committees/default.aspx.

All the members of the Corporate Sustainability and Governance Committee are considered independent under the Nasdaq Stock

Market listing standards and the Visteon Director Independence Guidelines. The Corporate Sustainability and Governance

Committee has the authority to retain consultants to assist the Committee in fulfilling its duties with director recruitment and

compensation matters. During 2025, the Corporate Sustainability and Governance Committee retained the firm of Frederic W.

Cook & Co., Inc. to advise the Committee on competitive market practices and trends for non-employee director compensation.

Organization and Compensation Committee

Members: David L. Treadwell (Chair) Jeffrey D. Jones Joanne M. Maguire Marjorie T. Sennett Meetings in 2025: 5

The duties of the Organization and Compensation Committee are generally: • To review and approve corporate goals and objectives relative to the compensation of the Chief Executive Officer, evaluate the Chief Executive Officer’s performance and set the Chief Executive Officer’s compensation level based on this evaluation; • To review and approve executive compensation and incentive plans; • To approve the payment of cash performance bonuses and the granting of stock-based awards to the Company’s employees, including officers; and • To review and recommend management development and succession planning. The charter of the Organization and Compensation Committee, as well as any future revisions to such charter, is available on the Company’s website at https://www.visteon.com/company/ governance/board-committees/default.aspx.

All members of the Organization and Compensation Committee are considered independent under the Nasdaq Stock Market listing

standards and the Visteon Director Independence Guidelines. The Committee has the authority to retain, approve the fees and

other terms of, and terminate any compensation consultant, outside counsel or other advisors to assist the committee in fulfilling its

duties. During 2025, the Committee retained the firm of Frederic W. Cook & Co., Inc., an executive compensation consulting firm,

to advise the Committee on competitive market practices and trends as well as on specific executive and director compensation

matters as requested by the Committee or the Board. The Company maintains no other significant direct or indirect business

relationships with this firm, and no conflict of interest with respect to such firm was identified.

16 Visteon Corporation 2025 Proxy Statement

Corporate Governance Table of Contents

Technology Committee

Members: Joanne M. Maguire (Chair) Naomi M. Bergman James J. Barrese Bunsei Kure Meetings in 2025: 2

The duties of the Technology Committee generally are: • To review and comment on new product technology strategies as developed by the Company; • To review and make recommendations to the Board regarding the technology budget, assess major investments in new technology platforms, partnerships and alliances; • To monitor and evaluate existing and future trends in technology that may affect the Company’s strategic plans, including overall trends in the automotive industry; and • To review and monitor the Company's cybersecurity policies and practices relating to its products and technologies including risk mitigation. The charter of the Technology Committee, as well as any future revisions to such charter, is available on the Company’s website at https://www.visteon.com/company/governance/board- committees/default.aspx.

All of the member of the Technology Committee are considered independent under the Nasdaq Stock Market listing standards and

the Visteon Director Independence Guidelines.

Code of Ethics

The Company has adopted a code of ethics, as is defined in Item 406 of Regulation S-K that applies to all directors, officers and

employees of the Company and its subsidiaries, including the Chief Executive Officer, the Chief Financial Officer and the Chief

Accounting Officer. The code, entitled “Ethics and Integrity Policy,” is available on the Company’s website at

https://www.visteon.com/company/governance/policies-and-compliance/default.aspx.

Communications with the Board of Directors

Stockholders and other persons interested in communicating directly with the Chairman of the Board, a committee chairperson or

with the non-management directors as a group may do so as described on the Company’s website at https://www.visteon.com/

company/contact-us/default.aspx, or by writing to the chairperson or non-management directors of Visteon Corporation c/o of the

Corporate Secretary, One Village Center Drive, Van Buren Township, Michigan 48111.

The Corporate Sustainability and Governance Committee also welcomes stockholder recommendations of director candidates.

Stockholders may suggest candidates for the consideration of the committee by submitting their suggestions in writing to the

Company’s Secretary, including the agreement of the nominee to serve as a director. In addition, the Company’s Bylaws contain a

procedure for the direct nomination of director candidates by stockholders (see page 56 ), and any such nomination will also be

automatically submitted to the Corporate Sustainability and Governance Committee for consideration.

2026 Proxy Statement Visteon Corporation 17

Table of Contents

Director

Compensation

The Corporate Sustainability and Governance Committee reviews the compensation of the Company’s non-employee directors.

The table below summarizes the compensation paid by the Company to non-employee directors for the fiscal year ended

December 31, 2025. Directors who are employees of the Company receive no additional compensation for serving on the board.

Name	Fees Earned or Paid in Cash ($)	Stock Awards ($) (1)	All Other Compensation ($)	Total ($)
James J. Barrese	95,000	150,000	—	245,000
Naomi M. Bergman	105,000	150,000	—	255,000
Jeffrey D. Jones	95,000	150,000	—	245,000
Bunsei Kure	95,000	150,000	—	245,000
Joanne M. Maguire	110,000	150,000	—	260,000
Robert J. Manzo	145,000	150,000	—	295,000
Francis M. Scricco	170,000	150,000	—	320,000
Marjorie T. Sennett (2)	48,037	133,154	—	181,191
David L. Treadwell	125,000	150,000	—	275,000

(1) As of December 31, 2025 and pursuant to the Visteon Corporation 2020 Incentive Plan as amended, (described further below), Mr. Barrese owned 7,843 stock

units, Ms. Bergman owned 11,324, stock units, Mr. Kure owned 1,814 stock units, Ms. Maguire and Mr. Treadwell each owned 10,309 stock units, Messrs. Jones

and Manzo each owned 11,790 stock units, and Mr. Scricco owned 23,923 stock units.

(2) Ms. Sennett joined the board effective July 17, 2025.

During 2025, all non-employee directors received an annual cash retainer of $95,000. The following additional annual cash retainers

are paid to directors serving in leadership positions: Audit Chair, $25,000, Organization and Compensation Committee Chair,

$20,000, and Chairs of the Corporate Sustainability and Governance Committee and Technology Committee, $15,000. The non-

executive Chair of the Board receives an additional retainer valued at $150,000 which is paid in cash or restricted stock units at the

discretion of the Board. Audit Committee members receive an additional annual cash retainer of $10,000. All cash retainers are

paid in quarterly installments. In addition, the Company reimburses its directors for expenses, including travel and entertainment,

they incur in connection with attending board and committee meetings as well as other Company-requested activities.

Non-employee directors may elect to defer up to 100% of their total retainer and any cash payments under the 2020 Incentive Plan

as amended into a unit account. The amounts deferred into the unit account are allocated based on the closing price of the

Company’s common stock on the date of the deferral, and the value of this account is directly related to the performance of the

Company’s common stock. All amounts deferred are distributed following termination of board service on the later of January 15th of

the year following or six months after the date of termination of service or upon a change in control.

In June 2025, pursuant to the terms of the 2020 Incentive Plan as amended, each of the non-employee directors received a restricted

stock unit award valued at $150,000. These amounts are allocated to the unit accounts based on the closing price of the Company’s

common stock on the date of award, and vest approximately one year following the date of the award at which time they will be

distributed to each participant in shares of Visteon common stock unless the Director had a prior election in place to defer receipt of

the shares. Restricted stock unit awards granted prior to 2021 will not be distributed until after termination of board service, on the

later of January 15th of the year following or six months after the date of termination of service or upon a change in control.

Stock ownership guidelines have been adopted by the Board which are intended to align the interests of the Board and senior

management with the stockholders. Currently, the value of the Company’s stock which should be held by each Director is equal to

five times the annual board cash retainer, excluding additional compensation for Board committee service, within five years of

joining the Board. As of December 31, 2025, all Directors were in compliance with the guidelines.

18 Visteon Corporation 2025 Proxy Statement

Table of Contents

Security Ownership of Certain

Beneficial Owners and Management

The following table contains information regarding the stock ownership of the Company’s directors and executive officers and the

beneficial owners of more than five percent of the Company’s voting securities. Ownership of the Company’s common stock is

shown in terms of “beneficial ownership.” A person generally “beneficially owns” shares if he or she has either the right to vote

those shares or dispose of them, and more than one person may be considered to beneficially own the same shares. In this proxy

statement, unless otherwise noted, a person has sole voting and dispositive power for those shares shown as beneficially owned

by him or her. The percentages shown in this proxy statement compare the person’s beneficially owned shares with the total

number of shares of the Company’s common stock outstanding on April 15, 2026 (26,694,021 shares).

Directors and Executive Officers

The following table contains stockholding information for the Company’s directors and executive officers, as well as stock units

credited to their accounts under various compensation and benefit plans as of April 15, 2026. No shares have been pledged as

collateral for loans or other obligations by any director or executive officer listed below.

Name	Common Stock Beneficially Owned — Number (1)	Percent of Outstanding	Stock Units (2)(3)(4)
Sachin S. Lawande (5)	421,630	1.6%	85,142
James J. Barrese	3,033	*	7,843
Naomi M. Bergman	1,000	*	19,234
Jeffery D. Jones	1,332	*	11,790
Bunsei Kure	2,030	*	1,814
Joanne M. Maguire	3,033	*	10,309
Robert J. Manzo (6)	8,033	*	11,790
Francis M. Scricco	8,392	*	23,923
Marjorie T. Sennett	—	*	1,206
David L. Treadwell	5,033	*	10,309
Jerome J. Rouquet	28,042	*	15,986
Brett D. Pynnonen	12,967	*	9,149
Kristin E. Trecker	12,811	*	7,586
Robert R. Vallance	26,838	*	7,925
All executive officers and directors as a group (18 persons)	532,254	2.0%	239,339

• Less than 1%.

(1) Includes shares of common stock which the following executive officers had a right to acquire ownership of pursuant to stock options granted by the Company and

exercisable on or within 60 days after April 15, 2026: Mr. Lawande (49,826 shares) and Mr. Rouquet (4,675 shares).

(2) For non-employee directors, the amounts shown include stock units credited under the Deferred Compensation Plan for Non-Employee Directors, the Non-

Employee Director Stock Unit Plan and the Visteon Corporation 2020 Incentive Plan as amended, and are payable upon vesting and/or following termination of

Board service in shares of common stock or cash at the election of the Company, or in cash upon a change in control.

(3) Includes restricted stock units granted to executive officers under the Visteon Corporation 2020 Incentive Plan as amended, which are payable upon vesting in

shares of common stock or cash at the election of the Company.

2026 Proxy Statement Visteon Corporation 19

Table of Contents Security Ownership

(4) Dividend equivalents under the 2020 Incentive Plan are not included.

(5) Includes 146,229 shares held in a Spousal Lifetime Access Trust ("SLAT") for the benefit of Mr. Lawande's spouse and children, of which the spouse is the trustee.

(6) Includes 4,000 shares held by Mr. Manzo's spouse.

Other Beneficial Owners

The following table sets forth information concerning the beneficial owners of more than 5% of any class of the Company’s voting

securities as of April 15, 2026. The table is based upon reports on Schedules 13G and 13D and Forms 4 filed with the SEC or other

information the Company believes to be reliable.

Title of Class	Name and Address of Beneficial Owner	Amount and Nature of Ownership	Percent of Class
Common Stock	BlackRock, Inc. 50 Hudson Yards New York, New York 10001	3,286,571 total aggregate shares (3,255,046 shares held with sole voting power and 3,286,571 shares held with sole dispositive power)	12.1%
Common Stock	American Century Investment Management Inc. 4500 Main Street, 9th Floor Kansas City, Missouri 64111	2,222,551 total aggregate shares (2,173,962 shares with sole voting power and 2,222,551 shares held with sole dispositive power)	8.2%
Common Stock	Dimensional Fund Advisors LP 6300 Bee Cave Road, Building One Austin, Texas 78746	1,403,695 total aggregate shares (1,373,749 shares with sole voting power and 1,403,695 shares held with sole dispositive power)	5.2%

Transactions with Related Persons

Our Ethics and Integrity Policy instructs all of our employees, including the Named Executive Officers, to avoid conflicts between

personal interests and the interests of Visteon, as well as any action that has the potential for adversely impacting the Company or

interfering with the employee’s objectivity. The policy also requires any employee having a financial interest in, or a consulting,

managerial or employment relationship with, a competitor, customer, supplier or other entity doing business with Visteon to disclose

the situation to their manager or to the legal or human resources departments of the Company. The Company’s compliance group

implements the Ethics and Integrity Policy and related policies and annually requires all management employees, including the

Named Executive Officers, to complete a questionnaire disclosing potential conflicts of interest transactions. The Chief Legal

Officer reviews all submissions, determines if approval is appropriate, and reports the findings to the Audit Committee annually.

The Chief Legal Officer will generally not approve or ratify a related party transaction unless it has been determined that, upon

consideration of all relevant information, the related party transaction is in, or not inconsistent with, the best interests of the

Company and its stockholders. The Audit Committee is responsible for overseeing our ethics and compliance program, including

compliance with the Ethics and Integrity Policy, and all members of the Board are responsible for complying with such policy. In

addition, the Corporate Sustainability and Governance Committee reviews the professional occupations and associations of board

nominees, and annually reviews transactions between Visteon and other companies with which our Board members and executive

officers are affiliated to the extent reported in response to our directors and officers questionnaire. The Ethics and Integrity Policy is

in writing. See page 57 of this proxy statement under “Miscellaneous” for instructions on how to obtain a copy.

20 Visteon Corporation 2026 Proxy Statement

Table of Contents

Executive

Compensation

Compensation Discussion and Analysis

This Compensation Discussion and Analysis presents compensation information for the following executive officers named in the

Summary Compensation Table beginning on page 34 (the “Named Executive Officers” or “NEOs”):

• Sachin S. Lawande , Director, President and Chief Executive Officer (CEO);

• Jerome J. Rouquet , Senior Vice President and Chief Financial Officer (CFO);

• Brett D. Pynnonen , Senior Vice President and Chief Legal Officer;

• Robert R. Vallance , Senior Vice President, Product Lines, China and APAC Supplier Strategy; and

• Kristin E. Trecker , Senior Vice President and Chief People Officer.

Visteon's Board of Directors believes leadership is the key to the Company's success, now and in the future.

Visteon's Leadership Principles
Lead from the front • Empowering their teams to create exceptional customer value • Being on the field and off the sidelines • Solving problems holistically • Demonstrating that the best decisions are those made by critically thinking problems all the way through • Doing what they say, and saying what they do	Build strong teams • Ensuring that every employee plays to their strengths and full potential • Giving employees a voice through opportunities for debate and ideation • Collaborating across boundaries to reduce unproductive friction and build bridges • Taking seriously their role in attracting and growing key talent
Inspire change • Having a compelling vision backed up by plausible strategies and plans • Pursuing disruptive innovation and bringing others along with them • Communicating with authenticity and factual insights • Generating optimism about what’s possible • Being humble, real and open to feedback	Lead the market • Knowing the industry (its products, competitors, and trends) inside and out • Translating market and customer trends into business opportunities • Demonstrating the courage to ask tough and provoking questions that could change the game • Embracing a growth mindset to continuously anticipate and adapt to what’s next

2026 Proxy Statement Visteon Corporation 21

Table of Contents Executive Compensation

Executive Summary

Visteon is a global leader in automotive cockpit electronics, pioneering the software-defined future of mobility through innovative

technology solutions. Our comprehensive portfolio spans digital cockpit innovations, advanced displays, AI-enhanced software

solutions, and integrated EV architecture solutions. With expertise across passenger vehicles, commercial transportation, and two-

wheelers, Visteon partners with global OEMs to create safer, cleaner, and more connected journeys.

2025 Company Performance

Visteon continued to focus on execution throughout 2025, building a foundation of sustainable growth, margin expansion, and cash

flow generation.

Highlights of key actions and 2025 financial and strategic achievements include:

• Sales of $3,768 million, Adjusted EBITDA(1) of $ 492 million, and Adjusted Free Cash Flow (1) of $ 292 million;

• Delivered 2% growth over market, driven by new product launches, strong performance in displays, and disciplined

commercial execution, partially offset by continued market weakness in China and lower demand for battery management

systems;

• Secured $7.4 billion in new business wins, including $3.6 billion of display wins across 17 OEM customers and $1.1 billion in

two-wheeler and commercial vehicle applications;

• Secured two SmartCore™ high-performance computing (“HPC”) program awards and launched 86 total new products,

reinforcing Visteon’s position as a leader in cockpit electronics;

• Launched 18 new display products, continuing to feature Visteon’s next-generation technology on key customer platforms;

• Returned approximately $70 million to shareholders through share repurchases and dividends, while completing a second

strategic engineering services acquisition, reflecting a balanced approach to capital efficiency.

(1) This CD&A contains references to the Company’s adjusted EBITDA and adjusted free cash flow, which have not been calculated in accordance with generally

accepted accounting principles (“GAAP”) and are also referred to as non-GAAP supplemental financial measures. See Appendix B to this Proxy Statement for

reconciliations of the Company’s adjusted free cash flow with the Company’s cash provided by operating activities (the most directly comparable GAAP financial

measure) and the Company’s adjusted EBITDA to net income (loss) (the most directly comparable GAAP financial measure), as well as other important

disclosures regarding non-GAAP financial measures, including how such measures are calculated from the Company’s audited financial statements.

Strategic Priorities

The Company has laid out the following strategic priorities:

TECHNOLOGY INNOVATION: The Company is a global leader in automotive technology, with a strong position at the center of

the industry’s shift toward next-generation in-vehicle experiences. As cars become more digital, connected, intelligent, and voice-

enabled, Visteon’s broad portfolio spanning digital interior platforms and electrification electronics enables the Company to support

and help shape these macro trends.

LONG-TERM GROWTH: The Company has continued to win business at a rate that exceeds current sales levels by

demonstrating product quality, technical and development capability, new product innovation, reliability, timeliness, product design,

manufacturing capability, and flexibility, as well as overall customer service.

ENHANCE SHAREHOLDER RETURNS WHILE MAINTAINING A STRONG BALANCE SHEET: The Company continues to

maintain a strong balance sheet to withstand near-term industry volatility and support a balanced capital allocation framework. The

Company is primarily focused on allocating capital to high-returning organic initiatives that increase internal capabilities, pursuing

attractive inorganic opportunities, and returning capital to shareholders. In March 2023, the Company announced a $300 million

share repurchase program maturing at the end of 2026. The Company has repurchased $226 million of Company common stock

under this program. During the year ended December 31, 2025, the Company paid a total of $15 million of quarterly cash

dividends. During the year ended December 31, 2025, Visteon paid a net cash outlay of $50 million on inorganic growth to acquire

a user experience electronics engineering consulting and consumer research company.

22 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

Pay for Performance Focus

The majority of the target compensation opportunity for each NEO is performance-based with the amounts realized, if any, based

on our financial results and stock price performance. In 2025 , a significant majority (91% of the CEO’s target compensation and

76% of the average target compensation of our other NEOs) was provided through performance-based annual and long-term

incentive award opportunities.

2025 CEO Target Pay Mix

2025 Other NEOs Target Pay Mix

n Base Salary n Annual Incentive n Long-Term Incentive n Variable (At Risk)

OUR 2025 PERFORMANCE RESULTS ARE REFLECTED IN 2025 TOTAL DIRECT COMPENSATION

The 2025 compensation for our NEOs is commensurate with the Company’s 2025 performance and the goals established under

our executive compensation program. The mix of award types and incentive plan performance measures were selected to align

with our business strategy, talent needs and market practices. Actual pay to be realized by the executive officers was based

primarily on the Company’s financial and stock price performance results. A majority of pay was based on at-risk elements, given

our focus on performance-based pay elements (annual and long-term incentives).

The chart below shows the cash versus equity components of target compensation for 2023-2025 which was awarded to our CEO

as compared to compensation received or projected to be received as of December 31, 2025 using the Company's stock price as

of that date. The Company’s total shareholder return (“TSR”) for the same period was -27%. Short-term incentives were funded at

115% for 2023, and 145% for 2024 and 2025, respectively.

The relationship between target and realizable compensation is

attributable to several factors:

• Annual Incentive actual payouts relative to target levels;

• The difference between the grant-based value of

Performance Stock Unit ("PSU") awards and the relative

performance as of December 31, 2025; and

• The value of Restricted Stock Unit ("RSU") awards at the

grant date as compared to the value as of December 31,

2025.

These factors, which resulted in realizable compensation for

t he 2023-2025 period lower than the target compensation by

approximately 32% while TSR decreased by 27%, reinforces

the performance orientation of our program and the alignment

of interests between our executives and our shareholders.

3-Year Aggregate Target Pay vs. Realizable Pay: CEO

3-Year TSR: -26.9%

$40,606

31.8%

decrease

$27,702

Cash Equity

2026 Proxy Statement Visteon Corporation 23

Table of Contents Executive Compensation

SHORT-TERM INCENTIVE COMPENSATION

The 2025 Annual Incentive (“AI”) program was designed to provide flexibility for the Committee to exercise its informed judgement

to assess Management’s performance in light of the extremely challenging external environment. The Committee maintained the

same basic AI structure and metrics as 2024. In February of 2025, the Committee approved the AI progra m which considers

adjustments to 2025 Adjusted EBITDA and Adjusted Free Cash flow targets based on an agreed list of adjustment categories.

The 2025 AI program paid at 145% of the target based on performance against the financial and MBO metrics. As in prior years,

the Committee also assesses individual performance of the NEOs and determined the actual payouts based on their contributions

in 2025.

LONG-TERM INCENTIVE COMPENSATION AWARDS

All NEOs received annual Long-Term Incentive (“LTI”) awards in March 2025 which included performance stock units (“PSUs”) and

restricted stock units (“RSUs”).

PSUs granted to NEOs in 2023 -2024 were based on a performance metric of relative total shareholder return over a three year

period. The 2025 PSUs incorporate two equally weighted measures: return on invested capital (ROIC) (50% weighting) and relative

total shareholder return (rTSR) (50% weighting).The awards feature a single, three-year performance period. The table below

shows the PSUs granted over the last three years and their actual or estimated performance through December 31, 2025 . The

PSUs granted in 2023 were vested in the first quarter of 2026.

Year Granted	Applicable NEOs	Performance Period	Metric	Actual or Estimated Weighted Average Payout Percentage
2025	All NEOs	Mar 2025-Feb 2028	Relative TSR and Return on Invested Capital	Estimated: 128.5%
2024	All NEOs	Mar 2024-Feb 2027	Relative TSR	Estimated: 0%
2023	All NEOs	Mar 2023-Feb 2026	Relative TSR	Actual: 0%

24 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

2025 Say-on-Pay Advisory Vote Outcome

In 2025 , our executive compensation program received favorable support of approximately 89%

of votes cast by our stockholders , continuing our strong average support over the prior three

yea rs of 95% ( 2023 - 2025 ). Management and the Committee reviewed this result and believe it to

be a strong indication of support for the Company’s executive compensation program and

alignment of the program with stockholder interests. We value stockholder feedback and

throughout 2025 were actively engaged with our stockholders. During 2025 , these discussions

reinforced broad support for our current compensation program, while also providing constructive

insights regarding the long-term incentive design. As detailed throughout this Compensation

Discussion & Analysis, we believe the officer compensation program is strongly aligned with

shareholder value creation, and that it reflects solid corporate governance practices.

89 % Support received from stockholders for our 2025 say-on-pay proposal

Executive Compensation Program Design and Governance Practices

Our executive compensation program is designed to provide strong alignment between executive pay, stockholder interests, and

company performance, and incorporates best practices. Here are some of the compensation practices we follow and those we avoid.

What We Do	●	The Organization and Compensation Committee of the Board of Directors approves all aspects of executive officer pay
	●	Target pay levels to be, on average, within a competitive range of the median of comparable companies, considering an individual’s responsibilities, business impact, performance and other factors
	●	Provide the majority of pay through performance-based annual and long-term incentive programs
	●	Balance short- and long-term incentives using multiple performance metrics, covering individual, financial and total shareholder return performance
	●	Cap incentive awards that are based on performance goals
	●	Have “double trigger” (qualifying termination of employment following a change in control) requirements for NEO severance payments and/or equity acceleration for all of the NEOs’ outstanding awards
	●	Maintain guidelines for robust stock ownership by our NEOs to ensure ongoing and meaningful alignment with shareholders
	●	Have a compensation recoupment (“clawback”) policy for executive officers covering incentive-based compensation (both cash and equity) in the event of a financial restatement
	●	Prohibit hedging transactions, purchasing the Company’s common stock on margin or pledging such shares
	●	Review key elements of the officer pay program annually, as conducted by the Committee, which also considers our business and talent needs, and market trends
	●	Use an independent compensation consultant to evaluate our executive compensation program relative to our peers, and outside legal counsel to draft our executive compensation plans and award agreements
What We Don't Do	●	Do not provide excise tax gross-ups
	●	Do not have compensation practices that encourage unnecessary and excessive risk taking
	●	Do not reprice options, reload, exchange or grant stock options or stock appreciation rights below market value without shareholder approval
	●	Do not provide dividends or dividend equivalents on unearned PSUs unless and until the underlying PSU vests (and if such PSUs are forfeited, no dividend equivalents are paid out)
	●	Do not provide car allowances, club memberships or similar perquisites

2026 Proxy Statement Visteon Corporation 25

Table of Contents Executive Compensation

What We Heard & How We Responded

We value the views and feedback of our stockholders. This input is essential to how we set our strategy and refine our executive

compensation program. Following a thorough review of our executive pay programs against market practices, and considering the

input of our stockholders, the Organization and Compensation Committee approved the incorporation of a second metric, Return

on Invested Capital (ROIC), into our 2025 PSU program.

Below is a summary of the material executive compensation feedback we received through stockholder engagement and the

resulting changes to our 2025 executive compensation programs. The summary does not purport to be an exhaustive list of all the

feedback received, and it does not include feedback on matters other than executive compensation.

What We Heard

How We Responded

The use of a single performance metric under the LTI

plan may only reflect a narrow view of Company

results. Our proxy advisory firms, indicated a

preference for LTI programs that incorporate multiple,

distinct metrics to provide a fuller, more comprehensive

view of overall performance, financial efficiency, and

market results.

I ntroduced a second performance metric to the 2025

PSU design to ensure a more balanced and robust

assessment of long-term performance. Beginning with

the 2025 PSU grants, transitioned from a single-

metric design to a dual-metric framework, balancing

Relative Total Shareholder Return (rTSR) with Return

on Invested Capital (ROIC) each weighing 50%.

See - "Changes detailed under 2025 LONG-TERM

INCENTIVE GRANTS on page 29 "

Executive Compensation Program Administration

The Committee is primarily responsible for administering the Company’s executive compensation program. The Committee reviews

and approves all elements of the executive compensation program that cover the NEOs. In fulfilling its responsibilities, the

Committee is assisted by an independent compensation consultant and considers recommendations from Senior Management.

The primary roles of each party are summarized below.

Party:	Primary Roles:
Organization and Compensation Committee (composed solely of independent directors)	• Oversee all aspects of the executive compensation program • Approve officer compensation levels, incentive plan performance goals and award payouts • Approve specific performance goals and objectives, as well as corresponding compensation for the CEO • Ensure the executive compensation program best achieves the Company’s objectives, considering the business strategy, talent needs and market trends
Senior Management (CEO, CFO and CPO)	• Make recommendations regarding the potential structure of the executive compensation program, including input on key business strategies and objectives • Make recommendations regarding the pay levels of the officer team (excluding the CEO) • Provide any other information requested by the Committee
Compensation Consultant (FW Cook)	• Advise the Committee on competitive market practices and trends • Provide proxy pay data for our compensation peer group • Present information and benchmarking regarding specific executive compensation matters, as requested by the Committee • Review management proposals and provide recommendations regarding CEO pay • Participate in Committee meetings as requested, including executive sessions of the Committee when management is not present, and communicate with the Committee Chair between meetings

Additional information about the role and processes of the Committee is presented under “Corporate Governance — Organization

& Compensation Committee.”

26 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

Executive Compensation Program Philosophy

The primary objectives of the Company’s executive compensation program are to recruit, engage, and retain highly qualified

executives who can enable our long-term success and who will focus on maximizing shareholder value. As such, the Company’s

executive compensation program is structured to:

• Drive the Company’s strategic plans and objectives;

• Create strong alignment of the interests of executives with the creation of shareholder value, particularly as measured by total

shareholder return/stock price appreciation;

• Provide a market-competitive total compensation package customized to fit our business and talent needs; and

• Be cost-effective and straightforward to understand and communicate.

For each element of compensation and in total, the Company generally targets annualized compensation to be within a competitive

range of market median, while also considering an individual’s experience, performance and business impact, as well as our

organizational structure and cost implications. The target compensation mix is set based on position responsibilities, individual

considerations and market competitive practices. The proportion of variable, or “at risk,” compensation, provided through incentive

programs, increases as an employee’s level of responsibility increases commensurate with the position’s impact on the business.

The actual pay earned, if any, for annual and long-term incentives reflects Company and individual performance and will vary

above or below the targeted level .

Market Compensation Practices

As one of the inputs in determining executive compensation each year, the Company reviews industry survey reports and proxy

compensation data regarding market practices. In 2025 , the Committee reviewed NEOs base salaries, target annual and long-term

incentive award opportunities, as well as selected pay program design practices. In conducting this review, the Committee selected

the 15 companies listed below whose aggregate profile was comparable to Visteon in terms of industry, size (based on revenue

and market capitalization) and other operations-related metrics as comparators for purposes of determining the range of market

medians with respect to compensation elements (the “Compensation Peer Group”). For 2025 , the peer group remained unchanged

from 2024. We believe the Compensation Peer Group represents a reasonable comparator group of direct automotive supplier,

technology peers and other related companies with which we compete for executive talent.

2025 Compensation Comparator Group — American Axle & Manufacturing Holdings, Inc. (1)	Dana Incorporated	LCI Industries	Sensata Technologies Holding PLC
Ametek, Inc.	Garmin Ltd.	Methode Electronics, Inc.	Spirit AeroSystems Holdings, Inc.
Ansys, Inc.	Gentex Corporation	Modine Manufacturing Company	Trimble Inc.
Cooper-Standard Holdings Inc.	Gentherm Inc.	Rockwell Automation, Inc.

(1) American Axle & Manufacturing Holdings, Inc. was renamed Dauch Corporation effective January 2026. References herein to the Company by its former name

reflect the applicable reporting period.

2026 Proxy Statement Visteon Corporation 27

Table of Contents Executive Compensation

Executive Compensation Program — Description of Primary Elements

Consistent with our emphasis on aligning pay and performance, the largest portion of the target compensation opportunity is

provided through performance-based annual and long-term incentive programs. Each primary element of the executive

compensation program is described below.

BASE SALARY	ANNUAL INCENTIVE	LONG-TERM INCENTIVE
Fixed cash compensation based on the market-competitive value of the skills and knowledge required for each role. Reviewed and adjusted when appropriate to maintain market competitiveness. Increases are not automatic or guaranteed.	Designed to reward results of the prior year. Annual cash incentives are based on: • Company financial metrics chosen to drive our growth strategy • Strategic company objectives • Individual performance	Forward-looking equity awards intended to motivate and reward potential to drive future growth and align the interests of employees and shareholders. Grants awarded in the form of Performance and Restricted Stock Units.

TARGET COMPENSATION CHANGES FOR 2025

In February 2025 , the Committee reviewed the competitive market data for each NEO and approved increases to be more closely

aligned with the market. The actual salaries and annual incentives paid and long-term incentives granted to each NEO for 2025 are

presented in the “Summary Compensation Table.”

Target compensation for each NEO as of December 31, 2025 and 2024 is shown below.

2025	Base Salary ($)	Annual Incentive ($)	Long-Term Incentive ($)	Total ($)
Sachin S. Lawande	1,150,000	1,725,000	10,000,000	12,875,000
Jerome J. Rouquet	590,700	470,250	1,900,000	2,960,950
Brett D. Pynnonen	500,000	350,000	1,050,000	1,900,000
Robert R. Vallance	442,900	290,000	900,000	1,632,900
Kristin E. Trecker	429,900	280,250	890,000	1,600,150
2024	Base Salary ($)	Annual Incentive ($)	Long-Term Incentive ($)	Total ($)
Sachin S. Lawande	1,150,000	1,725,000	8,850,000	11,725,000
Jerome J. Rouquet	590,700	470,250	1,520,000	2,580,950
Brett D. Pynnonen	487,600	318,250	733,600	1,539,450
Robert R. Vallance	442,900	290,000	700,000	1,432,900
Kristin E. Trecker	429,900	280,250	700,000	1,410,150

ANNUAL INCENTIVE AWARDS

The Company’s Annual Incentive program provides employees the opportunity to earn during their tenure an annual cash bonus

based on specified individual, financial, operational and/or strategic performance-based goals. This program is designed to

motivate executives to achieve key short-term financial and operational goals of the Company. The target incentive opportunities

are set by the Committee after considering the potential impact on the business of each role, the relationships among the roles and

market competitive levels for the positions. Actual awards earned can range from 0% to 200% of target based on the performance

of the Company (considering both financial and non-financial performance) and the individual.

On February 5, 2025 , the Committee approved the 2025 AI program with the same structure and metrics as 2024 ; Adjusted EBITDA

(40% weighting), Adjusted Free Cash Flow (30% weighting) and MBOs (30% weighting). The 2025 AI program was designed to provide

flexibility for the Committee to exercise its informed judgement to assess Management's performance in light of the challenging external

environment. Any adjustments to the financial results for the 2025 AI were to be based upon a list of agreed upon adjustment categories.

28 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

In addition to the financial metrics, MBOs were developed to provide the Committee with a vehicle to holistically assess overall

performance on goals that strengthen the Company’s capabilities over the longer-term in the midst of a challenging business environment.

Management Business Objectives — New Business Wins	New Technology Development
Product Quality and Failure Analysis	Social & Environmental Sustainability

At the conclusion of 2025, the Committee approved the performance on the financial metrics without any adjustments which

resulted in target payout for Adjusted EBITDA and 200% on Adjusted Free Cash Flow metrics.

Specific threshold, target, and maximum goals for the 2025 Adjusted EBITDA and Adjusted Free Cash Flow (“FCF”) metrics for

annual incentive, as well as the percentage of the target award earned are set forth below.

	2025 Threshold	2025 Target	2025 Maximum	Actual Performance	Committee Assessed Performance	Weighted % Earned
Measure for Annual Incentive program ($ in millions)	25% of Target Payout	100% of Target Payout	200% of Target Payout
Adjusted EBITDA (1)	$372	$437 - $493	$581	$492	$492	40%
Adjusted Free Cash Flow (2)	$133	$171 - $209	$247	$309	$309	60%

(1) The Company defines adjusted EBITDA as net income attributable to the Company, adjusted to eliminate the impact of depreciation and amortization, restructuring

and impairment expense, net interest expense, loss on divestiture, equity in net income of non-consolidated affiliates, gain on non-consolidated affiliate

transactions, provision for income taxes, discontinued operations, net income attributable to non-controlling interests, non-cash stock-based compensation

expense, and other gains and losses not reflective of the Company’s ongoing operations.

(2) The Company defines adjusted free cash flow as cash flow provided from operating activities less capital expenditures, as further adjusted for restructuring and

transformation-related payments. The adjusted free cash flow target and results for purposes of this Annual Incentive program was further adjusted to exclude U.S.

pension contributions.

Following the conclusion of 2025, the Committee assessed the Company’s performance against the pre-established MBOs and

determined that it had exceeded the target on the basket of MBOs , resulting in a payout of 150% on the MBO portion (30%

weighting) of the annual incentive program. This, combined with the results on the Adjusted EBITDA and Adjusted FCF pillar of the

program, resulted in the funding of incentive awards at 145% of target.

As a result, 2025 annual incentive awards were paid at 145% of target for Messrs. Lawande, Rouquet, Pynnonen, Vallance and

Ms. Trecker as shown in the table below. The payouts for the executives reflect their leadership and contributions to our 2025

performance. The amounts paid to the NEOs are also set forth in the “Summary Compensation Table” under the column “Non-

Equity Incentive Plan Compensation.”

2025 Annual Incentive	Target ($)	Company Performance Factor (%)	Individual Performance Factor (%)	Amount Earned ($)
Sachin S. Lawande	1,725,000	145 %	100 %	2,501,250
Jerome J. Rouquet	470,250	145 %	100 %	681,863
Brett D. Pynnonen	350,000	145 %	100 %	507,500
Robert R. Vallance	290,000	145 %	100 %	420,500
Kristin E. Trecker	280,250	145 %	100 %	406,363

ANNUAL INCENTIVE PROGRAM FOR 2026

The 2026 AI program includes the same structure and metrics as the 2025 AI program. In addition to the financial metrics, MBOs

were developed to provide the Committee with a vehicle to holistically assess overall performance on goals that strengthen the

Company’s capabilities over the longer-term.

2026 Proxy Statement Visteon Corporation 29

Table of Contents Executive Compensation

2025 LONG-TERM INCENTIVE GRANTS

On March 1, 2025, all of the NEOs received regular long-term incentive grants with targeted grant date values as follows:

Mr. Lawande ($10,000,000), Mr. Rouquet ($1,900,000), Mr. Pynnonen ($1,050,000), Mr. Vallance ($900,000), and Ms. Trecker

($890,000). The LTI grant mix consisted of PSUs and RSUs, as described below.

Award Type and Weighting	Primary Role	Design Features
Performance Stock Units (60% of the total LTI value)	Reward the achievement of Relative Total Shareholder Return (rTSR) measured against 17 automotive industry peers and Return on Invested Capital (ROIC), with each metric weighted at 50%. Performance is measured over a three-year period from 2025 through 2028	• PSUs provide executives with the opportunity to earn shares of the Company’s stock based on two equally weighted measures: • Relative Total Shareholder Return (rTSR) (50% weighting): This metric will evaluate the Company's Total Shareholder Return (TSR) in comparison to a pre-defined peer group, reflecting our market performance and competitive positioning • Return on Invested Capital (ROIC) (50% weighting): This metric will assess the Company's proficiency in generating profits from its invested capital, emphasizing operational efficiency and strategic capital allocation • ROIC is calculated by dividing the Company’s net operating profit (“NOPAT”) (as defined below) by Invested Capital (as defined below), expressed as a percentage. ROIC = Net Operating Profit (NOPAT) ÷ Invested Capital • "NOPAT" means the Company's Adjusted EBITDA, reduced by depreciation and amortization ("D&A"), resulting in an Adjusted EBIT, then multiplied by (1 minus the Effective Tax Rate ("ETR")), with ETR normalized for changes in the valuation allowance NOPAT = (Adjusted EBITDA − D&A) × (1 − ETR) Illustrative Example: (In millions) Adjusted EBITDA $200 Less: Depreciation & Amortization ($40) Adjusted EBIT $160 Multiplied by: (1 − ETR) × 0.75 NOPAT $120 In this example, ETR is assumed to be 25%, normalized for changes in the valuation allowance. • The term “Invested capital” means the average amount of shareholders equity and long- term debt from the Company's balance sheet minus cash. For these purposes, equity excludes changes in unfunded pension balance and valuation allowance • For purposes of the ROIC calculation, Adjusted EBITDA is defined consistently with the definition used for our Annual Incentive awards, as described on page 27 of this Proxy Statement • The awards have a single, three-year performance period with the earned awards paid at the end of the three- year cycle (paid in early 2028) subject to achievement of rTSR and ROIC metri c • If the Company’s absolute TSR is negative during the performance period, the payout for the rTSR portion of the award is capped at 100% of target, unless relative TSR is at or above the 75th percentile of the peer group, at which time the cap would become 150% • Awards can be earned up to 200% of the target award opportunity based on the Company’s TSR performance percentile ranking within the comparator group (Visteon plus the 17 TSR peer companies) and ROIC performance • Relative TSR Metric: Provides a 50% payout at the 25th percentile (Threshold), a 100% payout at the 55th percentile (Target), and a 200% payout at or above the 75th percentile (Maximum).No award is earned under the relative TSR metric if Visteon’s performance is below the 25th percentile • ROIC Metric: Provides a 50% payout at 80% of target achievement (Threshold), a 100% payout at 100% of target achievement (Target), and a 200% payout at or above 120% of target achievement (Maximum). No award is earned under the ROIC metric if Visteon’s performance is below the 80% achievement level • Final award payouts are based on the weighted achievement of the rTSR and ROIC metrics. For performance falling between the defined threshold, target, and maximum levels, the payout is determined by interpolation • TSR is calculated using the 20-trading day average closing price at the start and end of the performance period, adjusted for dividends
Restricted Stock Units (40% of the total LTI value)	Facilitate retention and provide an ownership stake	• Vest one-third per year beginning one year after the date of grant

30 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

RELATIVE TSR PEER GROUP (17 COMPANIES)

The TSR Peer Group companies listed below differ from the Compensation Peer Group previously discussed. Companies with

which we compete for talent are more technology-based, whereas the companies with which we compete for investor dollars are

more automotive-based with lower margins.

2025-2028 Performance Stock Units Relative TSR Peer Group — Adient plc	Cooper-Standard Holdings Inc.	LCI Industries
American Axle & Manufacturing Holdings, Inc. (1)	Dana Incorporated	Lear Corporation
Aptiv PLC	Denso Corporation	Magna International, Inc.
Autoliv, Inc.	Forvia SE	Modine Manufacturing Company
BorgWarner Inc.	Gentex Corporation	Valeo SE
Continental Aktiengesellschaft	Gentherm Incorporated

(1) American Axle & Manufacturing Holdings, Inc. was renamed Dauch Corporation effective January 2026. References herein to the Company by its former name

reflect the applicable reporting period.

LONG -TERM INCENTIVE PROGRAM FOR 2026

The Company’s LTI program is designed to reward executives for the achievement of specified multi-year goals that are linked to

the Company’s long-term financial performance, align the delivery of incentive value with increases in the Company’s stock price

and retain key employees. Typically, awards are granted each year with a vesting or performance period of three years; however,

in some situations, such as the recruitment of new executives or to focus on objectives with a different duration, the Company may

use a shorter or longer period. The annualized total targeted long-term incentive award opportunity is determined by considering

market data, organization level and/or impact of the position on the Company’s performance.

The design of the 2026 Long-Term Incentive (LTI) program remains consistent with the 2025 LTI program framework, utilizing the

same vehicle mix and performance metrics: Relative Total Shareholder Return (rTSR) and Return on Invested Capital (ROIC) to

ensure continued alignment with shareholder interests. This ensures a balanced focus on both financial efficiency and market

performance. The final PSU payout will be determined by the combined performance achievement across both ROIC and rTSR

over the designated performance period.

Other Compensation Elements

STOCK OWNERSHIP GUIDELINES

Visteon has adopted stock ownership guidelines for executives of the Company at or above Senior Vice President, which includes

all NEOs. The goal for these executives is to own common stock worth three-to-six times their salary. Effective January 1, 2018, the

Committee implemented a retention requirement until the multiple of salary threshold is met. All executives subject to the stock

ownership guidelines must retain 50% of net shares which vest from RSUs and PSUs and 50% of the shares remaining after the

payment of option exercise prices and any taxes owed. The value of actual shares owned and unvested RSUs are used to

determine whether the guidelines have been met; unexercised stock options and PSUs are not included. As of December 31, 2025

each of our named executive officers had satisfied the stock ownership guidelines. The stock ownership guidelines are six times

(6x) base salary for the Chief Executive Officer and three times (3x) base salary for the Executive and Senior Vice Presidents.

PRIVATE AIRCRAFT AND EXECUTIVE SECURITY

The Company permits use of commercially available private air transportation services for personal and business travel, and

provides the benefit of various personal health and safety protections including security personnel at certain locations when

deemed appropriate for all NEOs. There is no tax “gross-up” for personal use of such aircraft and all use requires advance

approval by one of the following: Chairman of the Board or Chairman of the Compensation or Audit Committees of the Board.

There was no personal use of commercially available private air transportation services by NEOs during 2025 .

2026 Proxy Statement Visteon Corporation 31

Table of Contents Executive Compensation

RETIREMENT BENEFITS OVERVIEW

During their tenure, NEOs participate in the Company’s tax-qualified retirement and savings plans on the same basis as other

similarly situated employees. The Company has periodically made changes to the type of retirement plans and to the level of

benefits provided under such plans, based on an assessment of the Company’s business and talent needs, costs, market

practices, and other factors. Effective December 31, 2011, the U.S. defined benefit pension plan was frozen for all participants.

Since all NEOs were hired after this date, therefore no NEOs have a defined benefit pension. All of the NEOs participate in U.S.-

based plans.

NEOs and most U.S. salaried employees are entitled during their tenure to participate in the Visteon Investment Plan (VIP),

Visteon’s 401(k) investment and savings plan. The Company matches 100% of the employee’s eligible contributions up to 6% of

eligible pay (subject to IRS limits). Amounts deferred for each NEO are reflected in the “Salary” column of the “Summary

Compensation Table.”

Visteon also maintains a Savings Parity Plan (SPP), which provides eligible U.S. participants during their tenure with company

contributions of 6% of eligible pay that are restricted due to IRS limits under the broad-based, tax-qualified 401(k) plan. The

Company’s Supplemental Executive Retirement Plan (SERP) provides eligible U.S. participants during their tenure with annual

company contributions of 6% (Vice Presidents), 9% (Executive and Senior Vice Presidents), or 14.5% (CEO) of pay in place of the

prior defined benefit formulas in the plan for service after January 1, 2012. Effective October 18, 2023, the SERP was closed to

new entrants. Company contributions to these plans on behalf of the NEOs are included in the “All Other Compensation” column of

the “Summary Compensation Table.”

Additional details about the Company’s retirement plans are presented later, under “Retirement Benefits.”

Severance and Change in Control Benefits

The Company has entered into change in control agreements with all of its executive officers (Mr. Lawande’s change in control

benefits are included in his employment agreement rather than in a stand-alone change in control agreement), including the NEOs.

These change in control agreements provide certain benefits if a qualifying termination occurs following a change in control of the

Company, as defined by the agreements. For the NEOs, and subject to the terms of the change in control agreements (or for

Mr. Lawande, his employment agreement), change in control cash severance benefits are provided during their tenure as a 1.5

(SVPs) or 2.0 (CEO) multiple of the sum of the executive’s annual base salary and target annual incentive. In addition, and

pursuant to their terms, the agreements provide for other severance benefits, such as the continuation of medical benefits and

outplacement assistance. The agreements have a “double trigger” provision, which would require that the executive’s employment

terminate without “cause” or for “good reason” following a change in control, in each case, as defined in the agreements, in order to

receive benefits under the agreements. No excise tax gross-up provisions are contained in the change in control severance

arrangements or in Mr. Lawande’s employment agreement.

Upon the involuntary termination of employment by the Company (other than for specified reasons, including disability, availability

of other severance benefits, and inappropriate conduct), executive officers are entitled to severance benefits under the Visteon

Executive Severance Plan, which was last revised effective January 1, 2021 (Mr. Lawande’s severance benefits are included in his

employment agreement rather than such Severance Plan). Subject to the terms of the Severance Plan, a specific and consistent

level of severance benefits are provided with a cash severance payment of 1.5 (SVPs and CEO) multiplied by the sum of an

executive’s annual base salary and target annual incentive. Subject to the terms of the severance plan, executives would also be

entitled to the reimbursement of medical coverage premiums under COBRA for up to 18 months following termination, the provision

of outplacement services for up to 12 months, and the payment of a pro-rated portion of any outstanding annual incentive based on

actual company performance during the performance period.

The severance plan and change in control agreements provide that outstanding stock-based awards vest only in accordance with

the applicable terms and conditions of such awards. Additional details about the change in control agreements, the severance plan,

the terms and conditions of awards, and the estimated value of these potential payouts are included in the “Potential Payments

Upon Termination” section. The terms of Mr. Lawande’s compensation package, including potential severance and change in

control benefits, are detailed in his employment agreements. See “Employment Agreement with Mr. Lawande” for additional details

regarding such agreements .

32 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

Executive Compensation Policies

Stock Awards Granting Policy . The Company regularly grants stock awards to its NEOs and other eligible key employees. The

Company does not take material nonpublic information into account when determining the timing or terms of these awards, and the

Company does not time the disclosure of material nonpublic information for the purposes of affecting the value of executive

compensation . The Committee has determined that all annual compensation stock grants will be made on March 1 of the year of

grant.Stock awards made to executives at the time they become employees or officers of the Company have a grant date on the

later of the date employment commences or the date the Committee approves the awards . In all cases, the exercise price of stock

options and stock appreciation rights is the closing price on the grant date. Stock price is not a factor in selecting the timing of

equity-based awards.

Securities Trading and Anti-Hedging/Anti-Pledging Policy . The Company maintains a Policy Regarding Purchases and Sales

of Company Stock that imposes specific standards on directors, officers and other employees of the Company. The policy ,

available at https://www.visteon.com/company/policies-compliance/, is intended not only to forbid such persons from trading in

Company stock, and in some circumstances, securities of other corporations or business entities on the basis of inside information,

but to avoid even the appearance of improper conduct on the part of such persons. In addition to the specific restrictions set forth in

the policy, the policy requires that all transactions in Company stock by directors, executive officers and by others in their

households be pre-cleared by the Chief Legal Officer. The only exceptions to the pre-clearance requirement are 10b5-1 trading

plans that have been previously approved by the Chief Legal Officer and regular, ongoing acquisition of Company stock resulting

from continued participation in employee benefit plans that the Company or its agents may administer. The Company also

considers it inappropriate for any director, officer or other employee to enter into speculative transactions in the Company’s stock.

Directors, officers and other employees are prohibited from engaging in the purchase or sale of puts, calls, options or other

derivative securities based on the Company’s stock. The Company has a policy prohibiting all hedging or monetization

transactions, such as forward sale contracts, in which the stockholder continues to own the underlying security without all the risks

or rewards of ownership. Finally, directors, officers and other employees may not purchase the Company’s stock on margin or

borrow against any account in which our securities are held. It is also the policy of the Company to comply with all applicable

securities laws when transacting in its own securities.

Pay Clawbacks. In April 2013, the Company adopted a compensation recovery policy, which requires each executive officer of the

Company to repay or forfeit a portion or all of any annual incentive, PSUs or other performance-based compensation granted to

him or her on or after September 29, 2012, if :

• The payment, grant or vesting of such compensation was based on the achievement of financial results that were

subsequently the subject of a restatement of the Company’s financial statements filed with the Securities and Exchange

Commission;

• The amount of the compensation that would have been received by the executive officer, had the financial results been

properly reported, would have been lower than the amount actually received;

Effective June 8, 2023, the policy was amended and restated to comply with the new Nasdaq listing standards that implement the

new SEC rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act and applies to our executive officers (as

defined in applicable SEC rules). This policy applies to all incentive-based compensation (as defined in the new SEC rules), which

means any compensation that is granted, earned, or vested (including, without limitation, any annual cash bonus, incentive plan

awards, performance stock units, restricted stock awards, or other performance-based compensation), which compensation is

based wholly or in part upon the attainment of any financial reporting measure, including financial measures contained in the

Company’s financial statements (including, for the avoidance of doubt, the Company’s stock price or any total shareholder return

measure), and any measure derived in whole or in part from such financial measures. Incentive-Based Compensation will be

deemed to have been “Received” in the Company’s fiscal period during which the financial reporting measure specified in or

otherwise relating to the Incentive-Based Compensation award was attained, regardless of when the payment, grant or vesting

occurs. In the event of an Accounting Restatement, any Recoverable Amount of any Incentive-Based Compensation Received

during the applicable Look-Back Period (a) that is then-outstanding but has not yet been paid shall be automatically and

immediately forfeited and (b) that has been paid to any person shall be subject to reasonably prompt repayment to the applicable

member of the Company Group to the fullest extent permitted by applicable law and as directed by the Board. A copy of the policy

is filed as an exhibit to the Annual Report on Form 10-K which is available on our website https://investors.visteon.com/sec-filings.

2026 Proxy Statement Visteon Corporation 33

Table of Contents Executive Compensation

Tax Deductibility of Executive Compensation. Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”),

generally limits the Company’s federal income tax deduction to $1 million per year for compensation to its CEO and certain other

highly compensated executive officers (and beginning for 2018, certain former executive officers). While it has been our policy to

consider the impact of Section 162(m)’s deductibility limits when developing and implementing our executive compensation

program, we also believe that it is important to preserve flexibility in administering compensation programs in a manner designed to

promote varying business and talent goals. Accordingly, we have not adopted a policy that all compensation must qualify as

deductible under Section 162(m). In this regard, our Committee may determine in any year that it would be in our best interest for

awards to be paid under stock incentive plans, or for other compensation to be paid, that is not fully deductibility under Section

162(m) if the Committee believes that such compensation will best attract, retain, and reward executives and contribute to our

business objectives.

Statement Regarding Compensation Risk Assessment

Visteon annually conducts a risk assessment and believes that its compensation programs, policies and practices do not create

risks that are reasonably likely to have a material adverse effect on the Company. Specifically, as detailed previously, Visteon

maintains a market competitive, balanced executive compensation program with varying incentive award types, performance

metrics, performance/vesting periods and includes governance features that mitigate potential risk (including Committee oversight,

maximum potential payouts are set under incentive plans, stock ownership guidelines and a pay clawback policy).

Compensation Committee Report

The Committee oversees Visteon’s programs for compensating executive officers and other key management employees, including

the administration of the Company’s equity-based compensation plans and approves the salaries, bonuses and other awards to

executive officers. The Committee has reviewed and discussed the Compensation Discussion and Analysis with Visteon

management, and based on such review and discussion, the Committee has recommended to the Board of Directors that the

Compensation Discussion and Analysis so stated be included in this Proxy Statement.

ORGANIZATION AND COMPENSATION COMMITTEE

• David L. Treadwell (Chairman)

• Jeffrey D. Jone s

• Joanne M. Maguire

• Marjorie T. Sennet t

34 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

Summary Compensation Table

The following table summarizes the compensation that was earned by, or paid or awarded to the NEOs, as required to be disclosed

by SEC rules.

Name and Principal Position	Year	Salary ($)	Bonus ($)	Stock Awards ($) (1)	Options Awards ($)	Non-Equity Incentive Plan Compensation ($) (2)	Change in Pension Value & Nonqualified Deferred Compensation Earnings ($) (3)	All Other Compensation ($) (4)	Total ($)
Sachin S. Lawande Director, President and Chief Executive Officer (5)	2025	1,150,001	—	12,360,638	—	2,501,250	—	767,922	16,779,811
	2024	1,141,250		10,192,050		2,501,250	—	581,333	14,415,883
	2023	1,101,250	—	9,794,540	—	1,602,813	—	651,887	13,150,490
Jerome J. Rouquet Senior Vice President and Chief Financial Officer (6)	2025	590,700	—	2,348,577	—	681,863	—	195,639	3,816,778
	2024	586,390		1,750,453		681,863	—	173,181	3,191,887
	2023	565,345	—	1,860,920	—	540,788	—	167,773	3,134,826
Brett D. Pynnonen Senior Vice President and Chief Legal Officer (7)	2025	496,901	—	1,297,888	—	507,500	—	146,414	2,448,703
	2024	484,046		844,841		461,463	—	129,745	1,920,095
	2023	468,289	—	898,147	—	365,988	—	137,773	1,870,197
Robert R. Vallance Senior Vice President, Product Lines, China and APAC Supplier Strategy (8)	2025	442,899	—	1,112,445	—	420,500	—	155,630	2,131,475
	2024	439,675		806,121		420,500	—	119,062	1,785,358
	2023	426,750	—	857,070	—	333,500	—	140,166	1,757,486
Kristin E. Trecker Senior Vice President and Chief People Officer (9)	2025	429,900	—	1,100,118	—	406,363	—	129,018	2,065,399
	2024	426,765		806,121		406,363	—	114,302	1,753,551
	2023	407,020	—	857,070	—	322,288	—	116,670	1,703,048

(1) The amounts shown in this column represent the grant date fair values for PSU and RSU awards in 2025 , 2024 and 2023 . The grant date fair values have been

determined based on the assumptions and methodologies set forth in Note 13 “Stock-Based Compensation” to the consolidated financial statements included in

Item 8 “Financial Statements and Supplementary Data” of the Company's 2025 10-K. Assuming the maximum performance levels are achieved for the NEOs’

PSUs granted in 2025 and based on the grant date share price, the values in the “Stock Awards” column would be $ 15,999,927 for Mr. Lawande; $ 3,040,056 for

Mr. Rouquet; $ 1,680,027 for Mr. Pynnonen; $ 1,439,986 for Mr. Vallance; and $ 1,424,029 for Ms. Trecker. These amounts may not reflect the actual value realized

upon vesting or settlement, if any.

(2) For 2025 , this column is comprised of the amounts payable to each of the NEOs under the 2025 annual incentive performance program, as further described in the

“Compensation Discussion and Analysis,” above. There were no earnings on non-equity incentive plan compensation earned or paid to the NEOs in or for 2025 .

(3) This column reflects an estimate of the aggregate change in actuarial present value of each NEOs' accumulated benefit under all defined benefit pension plans

from the measurement dates for such plans used for financial statement purposes. None of the NEOs received or earned any above-market or preferential

earnings on deferred compensation.

(4) For 2025 , this column includes the following benefits paid to, or on behalf of, the NEOs:

• Life insurance premiums paid by the Company on behalf of all the NEOs;

• Company contributions to the Company's 401(k) defined contribution plan, DC SERP, and Savings Parity Plan on behalf of Mr. Lawande ($ 748,506 ),

Mr. Rouquet ($ 190,884 ), Mr. Pynnonen ($ 143,755 ), Mr. Vallance ($ 129,510 ) and Ms. Trecker ($ 125,439 );

• Disability insurance premiums paid by the Company on behalf of Mr. Lawande ($ 13,169 ) and Mr. Rouquet ($ 1,337 ).

(5) Mr. Lawande joined Visteon as Chief Executive Officer and President effective June 29, 2015.

(6) Mr. Rouquet joined Visteon as Senior Vice President, Finance on January 21, 2020 and became Chief Financial Officer on March 1, 2020.

(7) Mr. Pynnonen joined Visteon on March 14, 2016.

(8) Mr. Vallance has been Senior Vice President, Product Lines, China and APAC Supplier Strategy effective January 1,2025 .Prior to that he was Customer Business

Groups, New Technology Product Lines, and General Manager APAC Region since January 2022. Prior to that he was Senior Vice President, Customer Business

Groups since December 2016. He also served as Vice President, Customer Business Groups upon rejoining the Company in July 2014.

(9) Ms. Trecker joined Visteon on May 7, 2018.

2026 Proxy Statement Visteon Corporation 35

Table of Contents Executive Compensation

Employment Agreement with Mr. Lawande

In June 2015, the Company and Mr. Lawande entered into an employment agreement and Mr. Lawande commenced employment

on June 29, 2015. Under the terms of the employment agreement, Mr. Lawande serves as Visteon’s Chief Executive Officer and

President. The employment agreement provided for an initial term of three years, with automatic renewals for successive one-year

periods thereafter (subject to a requirement to provide advance notice of the decision not to renew). Pursuant to the Employment

Agreement, Mr. Lawande received an initial annualized base salary of $1 million, with a target annual cash bonus opportunity of no

less than 100% of his base salary and annual long-term incentive opportunity of $5 million. This agreement was amended and

restated effective February 12, 2018, to extend the term to June 29, 2021. His base salary was established at an annual rate of

$1,030,000 with a target annual cash bonus opportunity of at least 125%. On October 22, 2020, the Company and Mr. Lawande

entered into an Amended and Restated Employment Agreement to extend the term to September 30, 2025. On February 19, 2024

the Company and Mr. Lawande entered into an Amended and Restated Employment Agreement which extends the term to

September 30, 2030. There were no changes made to Mr. Lawande’s base salary or target annual cash bonus opportunity. Mr.

Lawande will be eligible to receive annual awards under the Company’s long-term incentive compensation arrangements.

Mr. Lawande will continue to be entitled to participate in the Company’s standard benefits programs on the same basis as other

senior executives of the Company with the exception that if Mr. Lawande retires in accordance with the standard terms of the

Company’s retirement definition and the Board of Directors, in its sole discretion, concludes that a successor has been hired or

identified by Mr. Lawande to replace him as Chief Executive Officer, the RSU and PSU awards under the applicable long term

incentive programs will continue to vest as if he were employed rather than being prorated.

If Mr. Lawande is terminated without “cause” or his employment is voluntarily terminated for “good reason”, in each case, as

defined under the employment agreement, he will receive (generally subject to a customary release of claims and certain restrictive

covenants) (i) a cash payment equal to 1.5 times the sum of his annual base salary and target bonus, (ii) a pro rata annual bonus

for the year of termination based on corporate achievement levels for the entire year, (iii) up to 18 months of health benefits and

(iv) outplacement services for a period of up to one year in an amount not to exceed $50,000. If, within two years after the

occurrence of a “Change in Control” (as defined in the employment agreement), Mr. Lawande is terminated without cause or his

employment is voluntarily terminated for good reason, he will receive (i) a cash payment equal to 2 times the sum of his annual

base salary and target bonus, (ii) a pro rata portion of the annual bonus awarded to Mr. Lawande for the fiscal year in which the

termination occurs, assuming the achievement at target level, (iii) up to 18 months of life, accident and health insurance benefits,

(iv) accelerated vesting of any benefits under the Company’s 2010 Supplemental Executive Retirement Plan and Savings Parity

Plan or any successor to any such plans or similar plans and payment of benefits under such plans in accordance with their terms

and (v) reimbursement for outplacement services for a period of up to one year in an amount not to exceed $50,000.

The employment agreement includes a clawback provision whereby Mr. Lawande may be required, upon certain triggering events,

to repay all or a portion of his compensation, pursuant to any clawback policy adopted by or applicable to the Company, including

under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The employment agreement also contains confidentiality,

intellectual property and non-disparagement provisions, as well as non-competition and non-solicitation provisions.

Visteon Corporation 2020 Incentive Plan as Amended

The Visteon Corporation 2020 Incentive Plan, as amended, (the “Incentive Plans”) permit grants of stock options, stock

appreciation rights, PSUs, restricted stock, RSUs and other rights relating to our common stock, as well as performance and time-

based cash bonuses. In 2025 , the Company implemented an annual incentive cash bonus program and a long-term equity-based

incentive program for eligible employees, including the NEOs. These programs are discussed further under “Compensation

Discussion and Analysis,” above. Except under certain circumstances such as involuntary termination, an executive must be

employed in good standing with the Company at the date of payment to be eligible for a bonus payment. The Committee retains

discretion under the Incentive Plans to modify or adjust any award at any time.

The RSUs awarded under the 2025 long-term incentive program vest ratably over three years from the date of grant and, at the

election of the Company, will be paid in common stock or cash based on the closing price of our common stock on the NASDAQ on

such vesting date. The PSUs awarded under the 2025 long-term incentive program vest on February 29, 2028 based on the

achievement of relative total shareholder return and return on invested capital metrics and will be paid in stock based on the

closing price of our common stock on the NASDAQ on such vesting date or common stock, at the election of the Company.

Holders of RSUs and PSUs (to the extent earned) may receive the same cash dividends or dividend equivalents as other

stockholders owning common stock; provided that no dividends or dividend equivalents will be paid until the RSUs or PSUs vest

(and, if such RSUs or PSUs are forfeited, the holder shall have no right to such dividends or dividend equivalents).

36 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

Following the initiation of a quarterly cash dividend by the Board of Directors in 2025, the Company’s named executive officers,

Messrs. Lawande, Rouquet, Pynnonen, Vallance, and Ms. Trecker received dividend equivalent units on their outstanding restricted

stock units (RSUs) and performance stock units (PSUs) granted from 2023 through 2025. In accordance with the terms of the 2020

Incentive Plan, as amended, such dividend equivalent units are earned by the executives only to the extent the underlying

restricted stock units or performance stock units vest.

GRANTS OF PLAN-BASED AWARDS IN 2025

The following table summarizes all incentive plan awards that were made to the NEOs during 2025 .

Name	Grant Date	Estimated Future Payouts Under Non-Equity Incentive Plan Awards (1)			Estimated Future Payouts Under Equity Incentive Plan Awards (2)			All Other Stock Awards: Number of Shares of Stock or Units (#) (3)	All Other Option Awards: Number of Securities Underlying Options (#) (3)	Exercise or Base Price of Option Awards ($ /Sh)	Grant Date Fair Value of Stock and Option Awards ($) (4)
		Threshold ($)	Target ($)	Maximum ($)	Threshold (#)	Target (#)	Maximum (#)
Sachin S. Lawande
Annual Cash Incentive (1)	—	129,375	1,725,000	3,450,000	—	—	—	—	—	—	—
Restricted Stock Units	3/1/2025	—	—	—	—	—	—	46,125	—	—	3,999,960
Performance Stock Units	3/1/2025	—	—	—	34,594	69,188	138,376	—	—	—	8,360,678
Jerome J. Rouquet
Annual Cash Incentive (1)	—	35,269	470,250	940,500	—	—	—	—	—	—	—
Restricted Stock Units	3/1/2025	—	—	—	—	—	—	8,764	—	—	760,014
Performance Stock Units	3/1/2025	—	—	—	6,573	13,146	26,292	—	—	—	1,588,563
Brett D. Pynnonen
Annual Cash Incentive (1)	—	26,250	350,000	700,000	—	—	—	—	—	—	—
Restricted Stock Units	3/1/2025	—	—	—	—	—	—	4,843	—	—	419,985
Performance Stock Units	3/1/2025	—	—	—	3,633	7,265	14,530	—	—	—	877,903
Robert R. Vallance
Annual Cash Incentive (1)	—	21,750	290,000	580,000	—	—	—	—	—	—	—
Restricted Stock Units	3/1/2025	—	—	—	—	—	—	4,151	—	—	359,975
Performance Stock Units	3/1/2025	—	—	—	3,114	6,227	12,454	—	—	—	752,471
Kristin E. Trecker
Annual Cash Incentive (1)	—	21,019	280,250	560,500	—	—	—	—	—	—	—
Restricted Stock Units	3/1/2025	—	—	—	—	—	—	4,105	—	—	355,986
Performance Stock Units	3/1/2025	—	—	—	3,079	6,158	12,316	—	—	—	744,133

(1) Represents the performance-based cash bonus opportunity under the 2025 annual incentive program, as further described in the “Compensation Discussion and

Analysis,” above. The amounts actually paid under this program are set forth in the “Non-Equity Incentive Plan Compensation” column of the above “Summary

Compensation Table.”

(2) Represents PSU grants made under the 2025 long-term incentive program, as further described in the “Compensation Discussion and Analysis,” above.

(3) Represents RSUs granted under the 2025 long-term incentive program, as further described in the “Compensation Discussion and Analysis,” above.

(4) A discussion of assumptions used in calculating grant date fair values in accordance with FASB ASC Topic 718 may be found in Note 13 “Stock Based

Compensation” to the consolidated financial statements included in Item 8 “Financial Statements and Supplementary Data” of the Company’s 2025 Form 10-K.

The grant date fair value for the RSUs was based on price of $ 86.72 , the closing price of the Company’s stock on the grant date. The grant date fair value for the

PSUs was determined using a Monte Carlo simulation and was based on a price of $ 120.84 per target unit. The ultimate value of stock-based awards, if any, will

depend on the future value of the common stock and the holder’s investment decisions, neither of which can be accurately predicted.

2026 Proxy Statement Visteon Corporation 37

Table of Contents Executive Compensation

OUTSTANDING EQUITY AWARDS AT 2025 FISCAL YEAR-END

The following table sets forth information on outstanding stock options and stock units held by the NEOs at December 31, 2025 ,

including the number of shares underlying both exercisable and unexercisable portions of each stock option as well as the exercise

price and expiration date of each outstanding option. Outstanding equity awards at December 31, 2025 are as follows (unless

otherwise indicated by footnote):

Name	Grant Date	Option Awards — Number of Securities Underlying Unexercised Options (#) Exercisable	Number of Securities Underlying Unexercised Options (#) Unexercisable (1)	Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#)	Option Exercise Price ($) (2)	Option Expiration Date	Stock Awards — Number of Shares or Units of Stock That Have Not Vested (#)		Market Value of Shares or Units of Stock That Have Not Vested ($)	Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)		Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) (3)
Sachin S. Lawande	3/7/2019	49,453	—	—	80.97	3/6/2026	—		—	—		—
	3/4/2020	49,826		—	66.98	3/3/2027	—		—	—		—
	3/1/2023	—	—	—	—	—	6,317	(4)	600,747	—	(7)	—
	3/1/2024	—	—	—	—	—	21,086	(5)	2,005,279	—	(8)	—
	3/1/2025	—	—	—	—	—	46,353	(6)	4,408,170	89,347	(9)	8,496,932
Jerome J. Rouquet	3/4/2020	4,675	—	—	66.98	3/3/2027	—		—	—		—
	3/1/2023	—	—	—	—	—	1,200	(4)	114,120	—	(7)	—
	3/1/2024	—	—	—	—	—	3,620	(5)	344,262	—	(8)	—
	3/1/2025	—	—	—	—	—	8,807	(6)	837,546	16,975	(9)	1,614,308
Brett D. Pynnonen	3/1/2023	—	—	—	—	—	579	(4)	55,063	—	(7)	—
	3/1/2024	—	—	—	—	—	1,747	(5)	166,140	—	(8)	—
	3/1/2025	—	—	—	—	—	4,866	(6)	462,757	9,381	(9)	892,086
Robert R. Vallance	3/1/2023	—	—	—	—	—	552	(4)	52,495	—	(7)	—
	3/1/2024	—	—	—	—	—	1,667	(5)	158,532	—	(8)	—
	3/1/2025	—	—	—	—	—	4,171	(6)	396,662	8,040	(9)	764,627
Kristin E. Trecker	3/1/2023	—	—	—	—	—	552	(4)	52,495	—	(7)	—
	3/1/2024	—	—	—	—	—	1,667	(5)	158,532	—	(8)	—
	3/1/2025	—	—	—	—	—	4,125	(6)	392,288	7,952	(9)	756,195

(1) Stock options vest in one-third increments annually from date of grant.

(2) Reflects the exercise price for the options granted.

(3) The market value of unvested RSUs and PSUs was determined using a per share price of $ 95.1 , the closing price of our common stock as reported on the

NASDAQ Global Select Market as of December 31, 2025 . The number of units reported also includes dividend equivalent units accrued in connection with the

quarterly cash dividends initiated in 2025. Such dividend equivalent units are earned only to the extent the underlying restricted stock units or performance stock

units vest.

(4) RSUs that vested on March 15, 2026 . Original award vested ratably over three years.

(5) RSUs that vest on each of March 15, 2026 and 2027. Original award vested ratably over three years.

(6) RSUs that vest one-third on each of March 15, 2026, 2027 and 2028.

(7) PSUs granted in 2023 with a performance period and vesting date which concluded on February 28, 2026. Following the Committee's certification of an aggregate

Relative TSR achievement of 0%, these awards resulted in a 0% payout.

(8) PSUs granted in 2024 with a performance period and vesting date which conclude on February 28, 2027 as adjusted to 0% relative TSR performance.

(9) PSUs granted in 2025 with a performance period and vesting which conclude on February 29, 2028 as adjusted to 128.5% based on 57% payout for relative TSR

(50% weighting) and a 200% payout for ROIC (50% weighting).

38 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

OPTION EXERCISES AND STOCK VESTED IN 2025

The following table sets forth information regarding the exercising of vested stock options and the vesting of RSUs and/or PSUs

during 2025 for each of the NEOs on an aggregated basis.

Name	Option Awards — Number of Shares Acquired on Exercise (#)	Value Realized on Exercise ($)	Stock Awards — Number of Shares Acquired on Vesting (#)	Value Realized on Vesting ($) (1)
Sachin S. Lawande	34,595	494,958	50,848	4,165,776
Jerome J. Rouquet			9,422	772,128
Brett D. Pynnonen			4,634	379,808
Robert R. Vallance			4,757	390,097
Kristin E. Trecker	1,500	69,075	3,998	327,422

(1) These values were determined by using the closing price of our common stock on NASDAQ on the vesting date was used for 2022,2023 and 2024 awards, without

regard to cash or shares withheld for income tax purposes.

Retirement Benefits

PENSION BENEFITS

The Company froze its defined benefit pension plan for U.S. employees effective December 31, 2011. The NEOs are not entitled to

defined benefits as they joined the Company after this date.

DEFINED CONTRIBUTION QUALIFIED PLAN

The NEOs, and most U.S. salaried employees, are entitled to participate in the Visteon Investment Plan (Visteon’s 401(k) plan).

This plan is a tax-qualified plan under the Internal Revenue Code (the "Code") therefore amounts that may be deferred are limited.

The Company matches employee contributions of up to 6% of base pay and annual incentive at a rate of 100% of the employee’s

eligible contributions. Amounts deferred for each NEO are reflected in the “Salary” column of the above “Summary Compensation

Table.”

NONQUALIFIED DEFERRED COMPENSATION FOR 2025

The following table provides information about the nonqualified, defined contribution deferred compensation plans in which our

NEOs participate, subject to the terms of such plans. Our NEOs participate during their tenure in the Savings Parity Plan and the

Defined Contribution Supplemental Executive Retirement Plan (“DC SERP”) Plan, both of which became effective on January 1,

1. The Savings Parity Plan restores company matching contributions under the Visteon Investment Plan, Visteon’s investment

and savings plan, lost due to IRS Code limitations. The DC SERP plan provides benefits through a defined contribution approach

where eligible employees receive credits equal to 6%, 9% or 14.5% of base compensation and annual incentive, dependent upon

their organizational levels. Effective October 18, 2023, the SERP is closed to new entrants. Account balances in both the Savings

Parity Plan and DC SERP will be increased or reduced to reflect earnings and losses on hypothetical investments designated by

the employee.

2026 Proxy Statement Visteon Corporation 39

Table of Contents Executive Compensation

Name	Executive Contributions in Last FY ($)	Registrant Contributions in Last FY ($) (3)	Aggregate Earnings in Last FY ($)	Aggregate Withdrawals/ Distributions ($)	Aggregate Balance at Last FYE ($)
Sachin S. Lawande
Savings Parity Plan (1)	—	198,075	220,146	—	1,808,752
DC SERP (2)	—	529,431	761,637	—	5,569,480
Jerome J. Rouquet
Savings Parity Plan (1)	—	55,354	27,455	—	261,632
DC SERP (2)	—	114,531	86,055	—	647,780
Brett D. Pynnonen
Savings Parity Plan (1)	—	36,502	45,665	—	340,276
DC SERP (2)	—	86,253	142,372	—	952,430
Robert R. Vallance
Savings Parity Plan (1)	—	30,804	126,894	—	659,482
DC SERP (2)	—	77,706	314,842	—	1,542,148
Kristin E. Trecker
Savings Parity Plan (1)	—	29,176	16,104	—	149,556
DC SERP (2)	—	75,264	84,634	—	599,711

(1) The Savings Parity Plan was adopted effective January 1, 2012. The company contributions noted in this table represent accrued contributions to be credited to

each participant’s account for the fiscal year reported in this Proxy as well as well as the aggregate earnings and aggregate withdrawals/distributions made to the

participants’ accounts during fiscal year 2025 .

(2) The Defined Contribution SERP (“DC SERP”) was adopted effective January 1, 2012. This table reflects company contributions, aggregate earnings, aggregate

gains/losses, and aggregate withdrawals/distributions made to the participants’ accounts during fiscal year 2025 .

(3) These amounts are included in the All Other Compensation column of the Summary Compensation Table.

Potential Payments Upon Termination

Set forth below are estimated accelerated payments and benefits that would have been provided to the NEOs remaining employed

by the Company at the end of 2025 upon their hypothetical termination of employment (or that would have been accelerated upon

a change in control) under specified circumstances as provided in the relevant agreements and plans. This assumes that the

relevant triggering event occurred at December 31, 2025 and the figures are based on the Company’s closing common stock price

as of December 31, 2025 . These disclosed amounts are estimates only and do not necessarily reflect the actual amounts that

would be paid to those NEOs, which amounts would only be known at the time that they become eligible for payment and would

only be payable if any of the triggering events were to occur under the terms of the relevant agreements. Accrued amounts (other

than the accelerated vesting of retirement benefits noted below) under the Company’s pension and defined contribution plans are

not included in this table.

40 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

Named Executive Officer	Involuntary Termination (w/o cause or for Good Reason) ($)	Change in Control ($)	Qualifying Termination after Change in Control ($)
Sachin S. Lawande
• Severance Payments	4,312,500	N/A	5,750,000
• Accelerated Stock Option Vesting (1)	—	—	—
• Accelerated Stock/Unit Awards Vesting (2)	4,885,259	—	15,511,127
• Deferred Compensation (3)	—	—	—
• Continuation of Health & Welfare Benefits (4)	26,887	N/A	30,033
• Outplacement Services (5)	50,000	N/A	50,000
Totals	9,274,646	—	21,341,160
Jerome J. Rouquet
• Severance Payments	1,591,425	N/A	1,591,425
• Accelerated Stock Option Vesting (1)	—	—	—
• Accelerated Stock/Unit Awards Vesting (6)	913,158	—	2,910,236
• Deferred Compensation (3)	—	—	—
• Continuation of Health & Welfare Benefits (4)	35,950	N/A	37,566
• Outplacement Services (5)	50,000	N/A	50,000
Totals	2,590,533	—	4,589,227
Brett D. Pynnonen
• Severance Payments	1,275,000	N/A	1,275,000
• Accelerated Stock Option Vesting (1)	—	—	—
• Accelerated Stock/Unit Awards Vesting (6)	488,322	—	1,576,045
• Deferred Compensation (3)	—	—	—
• Continuation of Health & Welfare Benefits (4)	—	N/A	1,368
• Outplacement Services (5)	50,000	N/A	50,000
Totals	1,813,322	—	2,902,413
Robert R. Vallance
• Severance Payments	1,099,350	N/A	1,099,350
• Accelerated Stock Option Vesting (1)	—	—	—
• Accelerated Stock/Unit Awards Vesting (6)	429,462	—	1,372,316
• Deferred Compensation (3)	—	—	—
• Continuation of Health & Welfare Benefits (4)	35,950	N/A	37,161
• Outplacement Services (5)	50,000	N/A	50,000
Totals	1,614,762	—	2,558,827

2026 Proxy Statement Visteon Corporation 41

Table of Contents Executive Compensation

Named Executive Officer	Involuntary Termination (w/o cause or for Good Reason) ($)	Change in Control ($)	Qualifying Termination after Change in Control ($)
Kristin E. Trecker
• Severance Payments	1,065,225	N/A	1,065,225
• Accelerated Stock Option Vesting (1)	—	—	—
• Accelerated Stock/Unit Awards Vesting (6)	425,903	—	1,359,510
• Deferred Compensation (3)	—	—
• Continuation of Health & Welfare Benefits (4)	26,887	N/A	28,063
• Outplacement Services (5)	50,000	N/A	50,000
Totals	1,568,015	—	2,502,798

(1) Vesting for all unvested stock options would be accelerated in the event of a change in control followed by a qualifying termination, as defined by the terms and

conditions of the relevant awards; the amount included in the table above is the excess of the market price of Visteon common stock as of December 31, 2025

over the exercise prices of the unvested stock options.

(2) Mr. Lawande’s RSU and PSU awards are prorated based on service under an involuntary termination without cause or for good reason and fully vest under a

qualifying termination after a change in control. The value of the units under each scenario is based upon the market price of Visteon common stock on

December 31, 2025 and for PSUs, estimated performance through that date. Additionally, it is assumed that all units are converted or assumed by an acquirer in

the event of a change in control, and, thus, such awards do not accelerate upon a change in control with continuing employment.

(3) Represents the unvested values as of December 31, 2025 payable under each scenario for the participant’s accounts in the DC SERP and Savings Parity Plan,

nonqualified deferred compensation plans.

(4) The estimated cost of continuing health and welfare benefits is based on current insurance premiums.

(5) The amount of covered or reimbursed services was assumed to be the maximum amount allowable under change in control agreements and the severance plan,

as described further below. The amounts to be reimbursed will be only for those expenses actually incurred by the executive, and may be significantly less than the

amount presented in the table.

(6) Messrs. Rouquet, Vallance, Pynnonen, and Ms. Trecker’s RSU and PSU awards are prorated based on service under an involuntary termination without cause and

fully vest under a qualifying termination after a change in control as defined under the terms and conditions of the relevant awards. The value of the units under

each scenario is based upon the market price of Visteon common stock on December 31, 2025 and for the PSUs, estimated performance through that date.

Additionally, it is assumed that all units are converted or assumed by an acquirer in the event of a change in control, and, thus, such awards do not accelerate

upon a change in control with continuing employme nt. For Mr. Vallance, in the event of retirement (as defined under 'Termination Upon Retirement, Death or

Disability' on page 44 ), outstanding Performance Stock Units (PSUs) granted in 2025 will remain eligible to vest in full on their original vesting dates, as if he had

remained employed through the end of the performance period. However, final payouts remain subject to the achievement of the underlying performance metrics

(rTSR and ROIC) as certified by the Organization and Compensation Committee at the conclusion of the three-year cycle.

POTENTIAL PAYMENTS UPON CHANGE IN CONTROL

The Incentive Plans contain “double-trigger” award acceleration provisions upon a change in control. Thus, awards under the

Incentive Plans will be accelerated upon a change in control (without a subsequent termination of employment) only if the awards

are not assumed, converted or replaced by the acquirer or continuing entity.

CHANGE IN CONTROL FOLLOWED BY QUALIFYING TERMINATION

Visteon entered into stand-alone change in control agreements with all of its NEOs, except Mr. Lawande. Mr. Lawande’s

employment agreement includes similar change in control provisions. These agreements provide for certain benefits if a qualifying

termination occurs following a change in control of the Company, as defined by the agreements. For the NEOs, a qualifying

termination includes a termination of the executive’s employment without “cause” or a resignation for “good reason” (as defined by

the agreements), in each case, within two years after the change in control. The benefits are designed to retain and motivate

employees during the uncertain process that precedes a change in control transaction.

Subject to the terms of the applicable agreements and plans, the NEOs are entitled to the following benefits pursuant to the change

in control or employment agreements so long as the executive signs an acceptable release of claims:

• The payment of any unpaid salary or incentive compensation, together with all other compensation and benefits payable to

the executive under the terms of the Company’s compensation and benefits plans, earned through the date of termination;

42 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

• A severance payment in the amount of one and a half times (other than Mr. Lawande, which is two times) base salary plus

the executive’s target annual bonus;

• The continuation for 18 months following termination of life, accident and health insurance benefits for the executive and his

or her dependents;

• All contingent annual bonus awards under the Incentive Plans (or other plans) for periods that have not been completed

become payable on a pro-rated basis assuming the achievement at target levels of any individual or corporate performance

goals;

• The benefits then accrued by or payable to the executive under the SERP, the Pension Parity Plan and the Savings Parity

Plan, as applicable, or any other nonqualified plan providing supplemental retirement or deferred compensation benefits,

become fully vested; and

• Reimbursement for the cost of outplacement services for up to 12 months following termination, not to exceed $50,000.

In addition to any other benefits described above or set forth in an award agreement at the time of the award, the Incentive Plans

provide for the following benefits upon a change in control followed by a qualifying termination of employment within 24 months

following such change in control when such awards have been assumed, converted or replaced by the acquirer or other continuing

entity:

• Plan awards will become immediately fully vested if the holder’s employment is terminated without “cause” or for “good

reason” (each as defined in the applicable change in control or employment agreement) within 24 months following the

change in control; or

• For plan awards that relate to performance periods that have not been completed as of the date of the change in control and

that are not then vested, the awards will become immediately vested to the extent that the performance metrics have been

achieved as of the date of such change in control (with any remainder being forfeited) if the holder’s employment is

terminated without “cause” or for “good reason” (each as defined in the applicable change in control or employment

agreement) within 24 months following the change in control.

Change in control payments for the NEOs are not grossed up for the payment of any section 4999 excise taxes. In addition, if such

payments would be subject to section 4999 excise taxes, the applicable payments will be reduced to the extent necessary so that

no portion of the total payments is subject to excise tax, but only if the net amount of such reduced payments is not less than the

net amount of the total payments without such reduction.

“Good Reason” under the change in control agreements includes the following:

• A negative material alteration is made in the executive’s duties and responsibilities;

• The executive’s annual base salary is decreased (except for certain across-the-board reductions);

• The executive is required to relocate his or her residence or principal office location by more than 50 miles;

• The executive’s incentive compensation or other benefits are decreased by ten percent or more (except for certain across-

the-board reductions); or

• The executive is not paid any portion of his or her then current compensation or an installment under any deferred

compensation program.

“Good Reason” under Mr. Lawande’s amended employment agreement shall mean the occurrence of any of the following events,

without the express written consent of Mr. Lawande:

• The Company’s assignment of duties (including titles and reporting relationships) inconsistent in any material respect with the

duties or responsibilities as contemplated by Mr. Lawande’s employment agreement, any failure to re-nominate Mr. Lawande

for election by the Company’s stockholders as a member of the Board, or any other action by the Company that results in a

significant diminution in Mr. Lawande’s position, authority, duties or responsibilities (provided that any sale or other disposition

of assets by the Company shall not, in and of itself, constitute a significant diminution in Mr. Lawande’s position, authority,

duties or responsibilities; and provided, further, that a reduction in authority, duties or responsibilities resulting solely from the

Company ceasing to be a publicly traded entity shall not constitute Good Reason hereunder); or

• The Company’s material breach of any provision of Mr. Lawande’s employment agreement.

2026 Proxy Statement Visteon Corporation 43

Table of Contents Executive Compensation

Each executive agrees to comply with confidentiality, non-disparagement and non-competition covenants during the term of the

agreement and for a period thereafter. In addition, in the event of a potential change of control, as defined in the change in control

agreements, each executive other than Mr. Lawande agrees not to voluntarily terminate his or her employment, except for

retirement or good reason, until the earlier of six months after such potential change of control or the occurrence of a change in

control.

A “change in control” will be deemed to have occurred under the change in control agreements and Mr. Lawande’s amended

employment agreement as of the first day any one or more of the following is satisfied:

(A) any person is or becomes the beneficial owner, directly or indirectly, of securities of the Company (not including in the securities

beneficially owned by such person any securities acquired directly from the Company or its affiliates) representing 40% or more of

the combined voting power of the Company’s then outstanding securities (subject to certain exceptions as described in the

agreements);

(B) within any 12-month period, the following individuals cease for any reason to constitute a majority of the number of directors

then serving: individuals who, at the beginning of the 12 month period, constitute the Board and any new director (other than a

director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to

a consent solicitation, relating to the election of directors of the Company) whose appointment or election by the Board or

nomination for election by the Company’s shareholders was approved or recommended by a vote of at least two-thirds of the

directors then still in office who either were directors at the beginning of the 12 month period or whose appointment, election or

nomination for election was previously so approved or recommended (for these purposes, (x) a threatened election contest will be

deemed to have occurred only if any person or entity publicly announces a bona fide intention to engage in an election contest,

including but not limited to a consent solicitation, relating to the election of directors of the Company, and (y) a withhold vote

campaign with respect to any director will not by itself constitute an actual or threatened election contest);

(C) there is consummated a merger or consolidation of the Company or any direct or indirect subsidiary of the Company with any

other corporation, other than (a) a merger or consolidation which results in the directors of the Company immediately prior to such

merger or consolidation continuing to constitute at least a majority of the board of directors of the Company, the surviving entity or

any parent thereof or (b) a merger or consolidation effected to implement a recapitalization of the Company (or similar transaction)

in which no Person is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company (not including in the

securities beneficially owned by such person any securities acquired directly from the Company or its affiliates) representing 40%

or more of the combined voting power of the Company’s then outstanding securities; or

(D) the shareholders of the Company approve a plan of complete liquidation or dissolution of the Company or there is

consummated an agreement for the sale or disposition by the Company of more than 50% of the Company’s assets, other than a

sale or disposition by the Company of more than 50% of the Company’s assets to an entity, at least 50% of the combined voting

power of the voting securities of which are owned by shareholders of the Company in substantially the same proportions as their

ownership of the Company immediately prior to such sale.

However, a “change in control” shall not be deemed to have occurred by virtue of the consummation of any transaction or series of

integrated transactions immediately following which the record holders of the common stock of the Company immediately prior to

such transaction or series of transactions continue to have substantially the same proportionate ownership in an entity which owns

all or substantially all of the assets of the Company immediately following such transaction or series of transactions.

VOLUNTARY TERMINATION WITHOUT "GOOD REASON” OR INVOLUNTARY TERMINATION FOR “CAUSE”

An executive who voluntarily resigns without “good reason” or whose employment is terminated by the Company for “cause” (each

as defined in the change in control agreements, Terms and Conditions of Stock Grants and the individual employment agreement

applicable to Mr. Lawande) will be entitled to receive unpaid salary and benefits, if any, he/she has accrued through the effective

date of their termination, and the executive will forfeit any outstanding, unvested equity-based awards.

44 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

INVOLUNTARY TERMINATION WITHOUT "CAUSE” (ALL NEOs) OR VOLUNTARY TERMINATION

FOR “GOOD REASON” (MR. LAWANDE ONLY)

Upon the involuntary termination of employment by the Company (other than for specified reasons, including disability, availability

of other severance benefits, and inappropriate conduct), and subject to the terms of the plan described below, all officers elected by

the Board of Directors are entitled to severance benefits under the 2010 Visteon Executive Severance Plan as amended. For the

NEOs that qualify for any benefits, these severance benefits include a cash payment equal to 150% of the sum of one year of base

salary plus their target AI opportunity, a pro-rated annual incentive bonus for the fiscal year during which the termination occurs

(based on actual company performance during the period), the reimbursement of medical coverage premiums under COBRA for 18

months following termination, and the provision of outplacement services for up to 12 months (not to exceed $50,000). However, if

the eligible executive does not execute an acceptable release and waiver of claims, such executive will only be entitled to a cash

payment equal to four weeks of base salary. The severance plan permits executives to receive both the severance benefits under

the plan and, if eligible, the retirement benefits described above. For Mr. Lawande, the severance benefits provided under his

amended employment agreement (as further described above under “Employment Agreement with Mr. Lawande”) apply in lieu of

benefits under the severance plan during the term of such employment agreement.

The Incentive Plans do not accelerate any of the outstanding awards held by executives who are involuntarily terminated. However,

the terms and conditions applicable to certain equity awards provide as follows:

• The outstanding RSUs will vest on a pro rata basis if the holder’s employment is involuntary terminated generally without

cause or for good reason (each as defined in the applicable terms and conditions), provided that the holder had remained in

the employ of the Company for at least 180 days following the grant date; and

• The outstanding PSUs will not be forfeited and will vest on the scheduled vesting date on a pro rata basis if the holder’s

employment is involuntary terminated without cause or for good reason (each as defined in the applicable terms and

conditions), provided that the holder had remained in the employ of the Company for at least 180 days following the grant

date (and the termination is either before any change in control or more than 24 months after any change in control, as

defined in the applicable terms and conditions).

TERMINATION UPON RETIREMENT, DEATH OR DISABILITY

Following termination of an NEO’s employment for disability, the NEO will receive all compensation payable under Visteon’s

disability and medical plans and insurance policies, which are available generally to the Company’s salaried employees. Prior to

2022, a termination upon the retirement, death or disability of a NEO is generally treated the same as an involuntary termination

with respect to the outstanding RSUs and PSUs, with the exception of Mr. Lawande's RSUs and PSUs.

We have modified the retirement criteria in 2022 to 60 years of age and 5 years of service and RSU award vesting conditions which

will result in 100% vesting on retirement (60 years of age and 5 years of service), death and disability for all NEOs excluding Mr.

Lawande. Beginning with Mr. Lawande's 2021 PSU and RSU grants, if Mr. Lawande retires in accordance with the standard terms

of the Company’s retirement definition and the Board of Directors, in its sole discretion, concludes that a successor has been hired

or identified by Mr. Lawande to replace him as Chief Executive Officer, the RSU and PSU awards under the applicable long term

incentive programs will continue to vest as if he were employed rather than being prorated.

Notwithstanding the foregoing, beginning with PSU awards granted in 2025, if a Participant’s termination is considered

“retirement” (as defined above) and the Participant (i) is an employee at level 19 (Senior Vice President), (ii) does not receive a

severance payment, and (iii) has a transition plan approved by the Company’s CEO, then the Participant shall be entitled to receive

the Final Award as if the Participant remained actively employed after the Participant’s termination of employment. The

Organization and Compensation Committee of the Board has approved this treatment for Mr. Vallance, effective beginning with his

2025 PSU award.

In addition, pursuant to Mr. Lawande’s employment agreement, he is entitled upon death or disability to any contingent annual

bonus awards under the Incentive Plans (or other plans) for periods that have not been completed on a pro-rated basis based on

actual achievement of any individual or corporate performance goals.

In addition to the payments and benefits described above, the Organization and Compensation Committee of the Board may

authorize additional payments when it separates an NEO. Visteon might agree to make the payments it deems necessary to

negotiate a definitive termination agreement with the terms, such as a general release of claims, non-disparagement, cooperation

with litigation, non-competition and non-solicitation agreements, as determined by the Company.

2026 Proxy Statement Visteon Corporation 45

Table of Contents Executive Compensation

CEO Pay Ratio

The 2025 annual total compensation of the Company’s CEO was $ 16,779,811 . The 2025 annual total compensation of the median

employee (excluding the CEO) was $28,442; this employee is located in India. The ratio between the two amounts is 590:1. This

ratio is a reasonable estimate calculated in a manner consistent with Item 402(u) of Regulation S-K under the Securities Exchange

Act of 1934 . There have been no significant changes in our workforce population or compensation arrangements for 2025

that would impact the methodology that was used to determine the median employee in 2024, and the Company has elected

to use the same median employee identified last year.

As permitted by SEC rules, to identify our median employee, we selected November 30, 2025 , which is within the last three months

of 2025 , as the date upon which we would identify the “median employee,” because it enabled us to make such identification in a

reasonably efficient and economical manner. As of that date, the Company and its consolidated subsidiaries employed 10,105

employees in 19 countries. All full-time, part-time and temporary hourly and salaried employees of Visteon and its consolidated

subsidiaries were included.

To identify the median employee, the Company applied a consistent definition of fixed cash compensation, which for hourly

employees included their hourly rate and a reasonable estimate of hours worked. This definition of compensation was chosen

because we believe it is a compensation measure that can be applied consistently across the globe. The compensation for any

permanent employee who was hired after January 1, 2025 , was annualized for 2025 . We did not use any statistical sampling, cost-

of-living adjustments or exclusions for purposes of this pay ratio disclosure.

Because the SEC rules for identifying the median of the annual total compensation of all our employees and calculating the pay

ratio based on that employee’s annual total compensation allow companies to use a variety of methodologies, to apply certain

exclusions, and to make reasonable estimates and assumptions that reflect their employee populations and compensation

practices, the pay ratio reported by other companies may not be comparable to the pay ratio we are reporting, as those companies

have different employee populations and compensation practices and may use different methodologies, exclusions, estimates and

assumptions in calculating their pay ratios .

Pay Versus Performance

In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and

Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive

officer (“PEO”) and Non-PEO NEOs and Company performance for the fiscal years listed below. The Organization and Compensation

Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.

Year	Summary Compensation Table Total for PEO ( ¹ ) ($)	Compensation Actually Paid to PEO ( ¹ )( ² )( ³ ) ($)	Average Summary Compensation Table Total for Non-PEO NEOs ( ¹ ) ($)	Average Compensation Actually Paid to Non-PEO NEOs ( ¹ )( ² )( ³ ) ($)	Value of Initial Fixed $100 Investment based on: (4)		Net Income ( ⁵ ) ($ Millions)	Adjusted EBITDA (6) ($ Millions)
					TSR ($)	Peer Group TSR ($)
2025	16,779,811	16,276,812	2,615,589	2,583,828	77.04	74.11	213	492
2024	14,415,883	5,268,863	2,162,723	1,152,342	70.69	65.37	306	474
2023	13,150,490	9,298,232	2,116,389	1,664,356	99.50	85.80	587	434
2022	10,537,281	18,179,329	1,811,034	2,678,398	104.24	86.99	130	348
2021	9,307,212	4,152,980	1,523,629	1,061,924	88.54	119.82	50	228

(1) Mr. Sachin S . Lawande was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.

2021- 2025
Jerome J. Rouquet
Robert R. Vallance
Brett D. Pynnonen
Kristin E. Trecker

46 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

(2) The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation

actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as

described in footnote 3 below.

(3) Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are

calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards

and Option Awards columns set forth in the Summary Compensation Table.

Year	Summary Compensation Table Total for PEO ($)	Exclusion of Change in Pension Value for PEO ($)	Exclusion of Stock Awards and Option Awards for PEO ($)	Inclusion of Pension Service Cost for PEO ($)	Inclusion of Equity Values for PEO ($)	Compensation Actually Paid to PEO ($)
2025	16,779,811	—	( 12,360,638 )	—	11,857,639	16,276,812
2024	14,415,883	—	( 10,192,050 )	—	1,045,030	5,268,863
2023	13,150,490	—	( 9,794,540 )	—	5,942,282	9,298,232
2022	10,537,281	—	( 6,999,953 )	—	14,642,001	18,179,329
2021	9,307,212	—	( 6,499,949 )	—	1,345,717	4,152,980

Year	Average Summary Compensation Table Total for Non- PEO NEOs ($)	Average Exclusion of Change in Pension Value for Non-PEO NEOs ($)	Average Exclusion of Stock Awards and Option Awards for Non-PEO NEOs ($)	Average Inclusion of Pension Service Cost for Non-PEO NEOs ($)	Average Inclusion of Equity Values for Non-PEO NEOs ($)	Average Compensation Actually Paid to Non-PEO NEOs ($)
2025	2,615,589	—	( 1,464,757 )	—	1,432,996	2,583,828
2024	2,162,723	—	( 1,051,884 )	—	41,503	1,152,342
2023	2,116,389	—	( 1,118,302 )	—	666,269	1,664,356
2022	1,811,034	—	( 801,739 )	—	1,669,102	2,678,398
2021	1,523,629	—	( 695,033 )	—	233,328	1,061,924

The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:

Year	Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO ($)	Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO ($)	Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO ($)	Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO ($)	Total - Inclusion of Equity Values for PEO ($)
2025	14,504,233	( 2,323,012 )	( 323,582 )	—	11,857,639
2024	7,194,149	( 5,640,322 )	( 508,797 )	—	1,045,030
2023	5,127,683	( 2,296,321 )	3,110,920	—	5,942,282
2022	9,013,070	6,754,492	( 1,125,561 )	—	14,642,001
2021	4,994,925	( 3,675,719 )	26,511	—	1,345,717

2026 Proxy Statement Visteon Corporation 47

Table of Contents Executive Compensation

Year	Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non- PEO NEOs ($)	Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non- PEO NEOs ($)	Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($)	Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($)	Total - Average Inclusion of Equity Values for Non-PEO NEOs ($)
2025	1,718,778	( 249,703 )	( 36,079 )	—	1,432,996
2024	742,480	( 645,262 )	( 55,715 )	—	41,503
2023	585,460	( 248,677 )	329,486	—	666,269
2022	1,032,315	715,181	( 78,394 )	—	1,669,102
2021	534,103	( 345,800 )	45,025	—	233,328

(4) The Peer Group TSR set forth in this table utilizes the Dow Jones U.S. Auto Parts Index, which we also utilize in the stock performance graph required by Item

201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison assumes $100 was invested for the period

starting December 31, 2020, through the end of the listed year in the Company and in the Dow Jones U.S. Auto Parts Index, respectively. Historical stock

performance is not necessarily indicative of future stock performance.

(5) Amounts for net income have been revised to reflect the change in accounting principle related to the method for assessing the realizability of U.S. deferred tax

assets as described in the Company's 2025 annual report on Form 10-K.

(6) We determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to

our PEO and Non-PEO NEOs in 2025. Adjusted EBITDA, which is a non-GAAP supplemental financial measure, is defined in the Annual Incentive Awards section

of our Compensation Discussion and Analysis on page 20 , and see Appendix B to this Proxy Statement for a reconciliation of the Company’s adjusted EBITDA to

net income (loss) (the most directly comparable GAAP financial measure).

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Company Total Shareholder

Return (“TSR”)

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation

Actually Paid to our Non-PEO NEOs, the Company’s cumulative TSR over the four most recently completed fiscal years , and the

Dow Jones U.S. Auto Parts Index TSR over the same period.

48 Visteon Corporation 2026 Proxy Statement

Executive Compensation Table of Contents

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation

Actually Paid to our Non-PEO NEOs, and our Net Income during the four most recently completed fiscal years.

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Adjusted EBITDA

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation

Actually Paid to our Non-PEO NEOs, and our Adjusted EBITDA during the four most recently completed fiscal years.

2026 Proxy Statement Visteon Corporation 49

Table of Contents Executive Compensation

Tabular List of Most Important Financial Performance Measures

The following table presents the financial performance measures that the Company considers to have been the most important in

linking Compensation Actually Paid to our PEO and Non-PEO NEOs for 2025 to Company performance. The measures in this table

are not ranked.

Most Important Performance Measures for 2025 — Adjusted EBITDA	Adjusted Free Cash Flow	Relative TSR	ROIC

Equity Compensation Plan Information

The following table summarizes information as of December 31, 2025 relating to its equity compensation plans pursuant to which

grants of stock options, stock appreciation rights, stock rights, restricted stock, RSUs and other rights to acquire shares of its

common stock may be made from time to time.

Plan Category	Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights (a) (1) ($)	Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights (b) (1) ($)	Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (excluding securities reflected in column(a))(c) ($)
Equity compensation plans approved by security holders	1,157,733	73.64	941,561
Equity compensation plans not approved by security holders	—	—	—
Total	1,157,733	73.64	941,561

(1) Comprised of stock options and stock appreciation rights, which may be settled in stock or cash at the election of the Company, and outstanding RSUs and PSUs,

which may be settled in stock or cash at the election of the Company without further payment by the holder, granted pursuant to the Visteon Corporation 2010

Incentive Plan, the Visteon Corporation 2020 Incentive Plan as Amended, the Non-Employee Director Stock Unit Plan, and the Deferred Compensation Plan for

Non-Employee Directors. The weighted-average exercise price of outstanding options, warrants and rights does not take into account RSUs or PSUs that will be

settled without any further payment by the holder.

50 Visteon Corporation 2026 Proxy Statement

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Audit Committee Report The Audit Committee is currently composed of four directors, all of whom are considered independent under the rules and regulations of the Securities and Exchange Commission, the Nasdaq Stock Market listing standards and the Visteon Director Independence Guidelines, and operates under a written charter adopted by the Board of Directors. During 2025, the Audit Committee held six meetings. Visteon management has the primary responsibility for the Company’s internal controls and the financial reporting process. The independent registered public accounting firm is responsible for performing an independent audit of the Company’s consolidated financial statements and issuing an opinion on the conformity of those audited financial statements with accounting principles generally accepted in the United States of America. The independent registered public accounting firm also expresses an opinion, based on an audit, on the effectiveness of Visteon’s internal control over financial reporting. The Audit Committee oversees and monitors these processes and reports to the Board of Directors on its findings. The Audit Committee of the Board of Directors selects and hires the independent registered public accounting firm. The Audit Committee considers the impact of changing auditors when assessing whether to retain the current external auditor, and regarding the mandated rotation, has had direct involvement in the selection process for the lead engagement partner for the Company’s audit. Deloitte & Touche LLP has served as Visteon’s external auditor since 2022. During the year, the Audit Committee met and held discussions with Visteon management and Deloitte & Touche LLP, the independent registered public accounting firm. The Audit Committee discussed with Deloitte & Touche LLP the overall scope and plans for their audit. The Audit Committee reviewed and discussed with Visteon management and Deloitte & Touche LLP the audited financial statements contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, including the critical audit matters addressed in the audit, as well as the Company’s internal control over financial reporting. The Audit Committee also discussed with Deloitte & Touche LLP the matters required to be discussed with the Audit Committee by Public Company Accounting Oversight Board Auditing Standard No. 1301, Communications with Audit Committees, the rules of the Securities and Exchange Commission, and other applicable regulations. Deloitte & Touche LLP submitted to the Audit Committee the written disclosures and the letter required by applicable requirements of the Public Company Accounting Oversight Board regarding the independent accountant’s communications with the Audit Committee concerning independence. The Audit Committee discussed with Deloitte & Touche LLP the firm’s independence and considered whether the provision of non-audit services by Deloitte & Touche LLP to the Company is compatible with maintaining the independence of Deloitte & Touche LLP. The Audit Committee concluded that the independence of Deloitte & Touche LLP from Visteon and management is not compromised by the provision of such non-audit services. Based on these reviews and discussion, the Audit Committee recommended to the Board of Directors that the audited financial statements be included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and filed with the SEC.
Audit Committee • Robert J. Manzo (Chairman) • Naomi M. Bergman • Marjorie T. Sennett • David L. Treadwell
The Audit Committee reviews with management and the independent auditor the Company’s audited financial statements.

2026 Proxy Statement Visteon Corporation 51

Table of Contents Audit Committee Report

Fees of Independent Registered Public Accounting Firm

The Audit Committee selects, subject to stockholder ratification, our independent registered public accounting firm for each fiscal

year. During the years ended December 31, 2025, and December 31, 2024, Deloitte & Touche LLP was engaged principally to

perform the annual audit of the Company’s consolidated financial statements and internal control over financial reporting and to

provide other services. Fees paid to Deloitte & Touche LLP for 2025 and 2024 are listed in the following table:

Year Ended December 31	Audit Services Fees	Audit Related Fees	Tax Fees	All Other Fees
2025	$3,293,105	$43,000	$320,835	$0
2024	$2,748,605	$91,100	$673,500	$0

Audit services fees include fees for services performed related to the audit of the Company’s consolidated financial statements, the

audit of internal control over financial reporting, and reviews of unaudited interim financial information. This category also includes

fees for audits provided in connection with statutory filings or services that generally only the principal auditor reasonably can

provide to a client, such as procedures related to consents, assistance, and review of documents filed with the SEC.

Audit-related fees include fees associated with assurance and related services that are reasonably related to the performance of

the audit or review of the Company’s financial statements.

Tax fees primarily represent fees for tax compliance, tax advice, tax planning and assistance with taxing authority examinations.

Audit Committee Pre-approval Policies and Procedures

The Audit Committee has adopted procedures for its annual review and pre-approval of all audit and permitted non-audit services

provided by the independent registered public accounting firm. These procedures include reviewing and approving a budget for

audit and permitted non-audit services by category. The Audit Committee considers whether such services are consistent with the

SEC’s rules on auditor independence. The Audit Committee also considers whether the independent registered public accounting

firm is best positioned to provide the most effective and efficient service, for reasons such as its familiarity with the Company’s

business, people, culture, accounting systems, risk profile, and whether the services enhance the Company’s ability to manage or

control risks and improve audit quality. The Audit Committee will, as necessary, consider and, if appropriate, approve the provision

of additional audit and non-audit services by its independent registered public accounting firm that are not encompassed by the

Audit Committee’s annual pre-approval and not prohibited by law. The Audit Committee has delegated to the Chairman of the Audit

Committee the approval authority, on a case-by-case basis, for services outside of or in excess of the Audit Committee’s aggregate

pre-approved levels and not prohibited by law. In order to monitor services rendered and actual fees paid and commitments to be

paid to the independent registered public accounting firm, the Chairman, or designee, shall report any such decisions to the Audit

Committee at its next regular meeting.

The Audit Committee Report does not constitute soliciting material and shall not be deemed to be filed or incorporated by reference

into any other Visteon filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended,

except to the extent that Visteon specifically incorporates this Audit Committee Report by reference into any such filing.

52 Visteon Corporation 2026 Proxy Statement

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Item Two
Approval of Independent Registered Public Accounting Firm	The Audit Committee believes that the choice of Deloitte & Touche LLP to serve as external auditor is in the best interests of the Company and its shareholders. The Board of Directors Recommends that You Vote "FOR" the Ratification of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2026.
The next proposal on the agenda for the Annual Meeting will be ratifying the appointment of Deloitte & Touche LLP by the Audit Committee as the Company’s independent registered public accounting firm for fiscal year 2026. Deloitte & Touche LLP served in such capacity for fiscal year 2025. Representatives of Deloitte & Touche LLP, the Company’s independent registered public accounting firm, are expected to be present at the Annual Meeting. They will have the opportunity to make a statement at the meeting if they desire to do so and are expected to be available to respond to appropriate questions. For information regarding fees paid to Deloitte & Touche LLP, see “Audit Fees” above.

2026 Proxy Statement Visteon Corporation 53

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Item Three
Provide an Advisory Vote Executive Compensation Pursuant to Section 14A of the Securities Exchange Act of 1934, as amended, we are seeking stockholder approval of the Company’s executive compensation program and practices as disclosed in this proxy statement. While this vote is advisory, and not binding on the Board, it will provide information to the Board and the Organization and Compensation Committee regarding investor sentiment about our executive compensation programs and practices, which the Organization and Compensation Committee will carefully review when evaluating our executive compensation program. Stockholders are being asked to vote on the following advisory resolution: “RESOLVED, that the Company’s stockholders approve, on an advisory basis, the compensation of the Company’s executive officers, as disclosed in the 2026 Proxy Statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis, the Summary Compensation Table and the other related tables and disclosures.” The Company is committed to maintaining executive compensation programs and practices that are aligned with the Company’s business strategy. As a result, the Company has a strong pay-for-performance philosophy that greatly impacts its decisions regarding executive compensation. Our executive compensation programs seek to align management’s interests with our stockholders’ interests to support long-term value creation and pay for performance. This philosophy and the compensation structure are essential to the Company’s ability to attract, retain and motivate individuals who can achieve superior financial results in the best interests of the Company and its stockholders. To that end, our program links pay to performance by delivering a significant majority of the total compensation opportunity of our Named Executive Officers in variable or performance-based compensation programs (annual and long-term incentive plans). Performance measures used in the Company’s annual and long-term incentive plans support the Company’s annual operating plan and longer term strategy and are tied to key Company measures of short and long-term performance. Our program also aligns the Named Executive Officers’ financial interest with those of our stockholders by delivering a substantial portion of their total compensation in the form of equity awards and other long-term incentive vehicles. We urge our stockholders to read “Compensation Discussion and Analysis”, which describes in detail how our executive compensation program and practices operate and are designed to achieve our compensation objectives, as well as the accompanying compensation tables which provide detailed information on the compensation of our Named Executive Officers.
Performance-based annual and long-term programs
Robust stock ownership guidelines
Clawback policy for executive officers in the event of a financial restatement
Double trigger requirements for NEO severance payments
The Board of Directors Recommends that You Vote "FOR" the Approval of Executive Compensation set forth in this proxy statement.

54 Visteon Corporation 2026 Proxy Statement

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Annual Meeting Voting Information and Other Matters Meeting Admission To attend the meeting, you will need to provide evidence that you are a record date stockholder and valid photo identification at the entrance to the meeting. If you are not a record date stockholder, you may be admitted to the meeting only if you have a valid legal proxy from a record date stockholder. You must present that proxy as well as valid photo identification at the entrance to the meeting. Neither the Company nor its directors intend to bring before the Annual Meeting any matter other than the election of the eight directors, ratification of the Company’s independent registered public accounting firm, and approval of the Company’s executive compensation. Also, they have no present knowledge that any other matter will be presented by others for action at the meeting. Voting HOW TO VOTE YOUR SHARES If you are a registered stockholder, you can vote at the meeting any shares that were registered in your name as the stockholder of record as of the record date. If your shares are held in “street name” through a broker, bank or other nominee, you are not a holder of record of those shares and cannot vote them at the Annual Meeting unless you have a legal proxy from the holder of record. If you plan to attend and vote your street name shares at the Annual Meeting, you should request a legal proxy from your broker, bank or holder of record and bring it with you to the meeting. Whether or not you plan to attend the meeting, we strongly encourage you to vote by proxy prior to the meeting. You may vote your shares prior to the meeting by following the instructions provided in the Notice of Internet Availability of Proxy Materials, this proxy statement and the voter website, www.proxyvote.com. If you requested a paper copy of the proxy materials, voting instructions are also contained on the proxy card enclosed with those materials. If your shares are held in street name, your broker, bank or other holder of record may provide you with a voting instruction card. Follow the instructions on the card to access our proxy materials and vote online or to request a paper or email copy of our proxy materials. If you received these materials in paper form, the materials included a voting instruction card so you can instruct your broker, bank or other holder of record how to vote your shares.
By Internet (www.proxyvote.com): Use the Internet to transmit your voting instructions until 11:59 p.m. EDT on June 10, 2026. Have your Notice of Internet Availability of Proxy Materials or proxy card with you when you access the website and follow the instructions to obtain your records and to create an electronic voting instruction form.
By Telephone (1-800-690-6903): Use any touch-tone telephone to submit your vote until 11:59 p.m. EDT on June 10, 2026. Have your Notice of Internet Availability of Proxy Materials or proxy card in hand when you call and then follow the instructions you receive from the telephone voting site.
By Mail: If you requested a paper copy of the proxy materials, mark, sign and date the proxy card enclosed with those materials and return it in the postage-paid envelope we have provided. To be valid, proxy cards must be received before the start of the Annual Meeting. Proxy cards should be returned to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.

2026 Proxy Statement Visteon Corporation 55

Table of Contents Other Matters

You should provide voting instructions for all proposals appearing on the proxy/voting instruction card. The persons named as

proxies on the proxy card will vote your shares according to your instructions. However, if you do not provide voting instructions

with your proxy, then the designated proxies will vote your shares for the election of the nominated directors, for the ratification of

the Company’s independent registered public accounting firm, and for the approval of the Company’s executive compensation. If

any nominee for election to the Board is unable to serve, which is not anticipated, or if any other matters properly come before the

meeting, then the designated proxies will vote your shares in accordance with their best judgment.

How to Revoke Your Proxy

If you are a registered stockholder, you can revoke your proxy and change your vote at any time prior to the Annual Meeting by:

• Notifying our Corporate Secretary in writing at One Village Center Drive, Van Buren Township, Michigan 48111 (the

notification must be received by the close of business on June 10, 2026);

• Voting again by Internet or telephone prior to 11:59 p.m. EDT on June 10, 2026 (only the latest vote you submit will be

counted); or

• Submitting a new properly signed and dated paper proxy card with a later date (your proxy card must be received before the

start of the Annual Meeting).

If your shares are held in street name, you should contact your broker, bank or other holder of record about revoking your voting

instructions and changing your vote prior to the meeting.

If you are eligible to vote at the Annual Meeting, you also can revoke your proxy or voting instructions and change your vote at the

Annual Meeting by submitting a written ballot before the polls close.

Stockholders Entitled to Vote and Ownership

You are entitled to one vote at the Annual Meeting for each share of the Company’s common stock that you owned of record at the

close of business on April 15, 2026. As of April 15, 2026, the Company had issued and outstanding 26,694,021 shares of common

stock. Information regarding the holdings of the Company’s stock by directors, executive officers and certain other beneficial

owners can be found beginning on page 18 .

A list of the stockholders of record entitled to vote at the Annual Meeting will be available for review by any stockholder, for any

purpose related to the meeting, between 9:00 a.m. and 5:00 p.m. at the principal offices of the Company, located at One Village

Center Drive, Van Buren Township, Michigan 48111, for ten days before the meeting.

Required Vote to Approve the Proposals

The Company’s Bylaws require that a majority of the Company’s common stock be represented at the Annual Meeting, whether in

person or by proxy, for the quorum that is needed to transact any business.

ELECTION OF DIRECTORS

To be elected, directors must receive a majority of the votes cast (the number of shares voted “For” a director nominee must

exceed the number of votes cast “Against” that nominee), except in the event of a contested election. A properly executed proxy

marked “Abstain” with respect to such matter will not be counted as votes “For” or “Against” a director, although it will be counted

for purposes of determining whether there is a quorum. In the event of a contested election (where the number of nominees

exceeds the number of vacancies), the affirmative vote of a plurality of the votes of the shares present in person or represented by

proxy at the meeting and entitled to vote on the election of directors would be required for the election of directors. A properly

executed proxy marked to withhold authority with respect to the election of one or more directors will not be voted with respect to

the director or directors indicated, although it will be counted for purposes of determining whether there is a quorum.

OTHER PROPOSALS

For each proposal other than the election of directors, the affirmative vote of the holders of a majority of the shares represented in

person or by proxy and entitled to vote on the item will be required for approval. A properly executed proxy marked “Abstain” with

respect to any such matter will not be voted, although it will be counted for purposes of determining whether there is a quorum.

Accordingly, an abstention will have the effect of a negative vote.

56 Visteon Corporation 2026 Proxy Statement

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If you hold your shares in street name through a broker or other nominee and you do not give voting instructions at least ten days

before the meeting to your broker or other nominee, then your broker or other nominee may exercise voting discretion only with

respect to matters considered to be “routine” by stock exchange rules. On non-routine matters, the brokers or other nominees

cannot vote your shares absent voting instructions from the beneficial holder, resulting in so-called “broker non-votes.” Broker non-

votes are not deemed to be votes cast, and as a result have no effect on the outcome of any matters presented, but will be counted

in determining whether there is a quorum. Among the proposals to be voted on at the Annual Meeting, the ratification of the

appointment of the independent registered public accounting firm will be considered a “routine” matter. The election of directors and

other proposals will be considered “non-routine” matters.

Where to Find Voting Results

The Company will publish the voting results in a Current Report on Form 8-K to be filed with the SEC within four business days

after the voting results are known. You will also find the results in the investor information section of the Company’s website at

https://www.visteon.com/investors/sec-filings/default.aspx.

Cost of Solicitation

The Company’s directors, officers and employees may solicit proxies in person or by telephone, mail, email, telecopy or letter. The

Company has also retained Georgeson LLC to assist it in distributing proxy solicitation materials and soliciting proxies at a cost of

approximately $12,000 plus reasonable out-of-pocket expenses. The Company will pay for soliciting these proxies as well as

reimburse brokers and other nominees for their reasonable out-of-pocket expenses for forwarding proxy materials to beneficial

owners.

2027 Stockholder Proposals and Nominations

Stockholder proposals that are intended to be included in the Company’s proxy materials for the 2027 Annual Meeting must be

presented pursuant to Securities and Exchange Commission Rule 14a-8, or the Company’s Bylaws as applicable, and received by

the Corporate Secretary of the Company no later than December 28, 2026.

A stockholder that intends to present business at the 2027 Annual Meeting other than pursuant to Rule 14a-8, which may not be

included in the Company’s proxy materials, must comply with the requirements set forth in the Company’s Bylaws. Among other

things, a stockholder must give written notice of its intent to bring business before the 2027 Annual Meeting to the Company no

later than March 12, 2027, and no earlier than February 10, 2027. However, if the date for the 2027 Annual Meeting is more than

30 calendar days prior to, or after, June 11, 2027, then such written notice must be received no later than the 90th day prior to the

date of such meeting, or, if later, the tenth day following the day on which we announce the annual meeting date to the public. This

written notice must contain specified information as set forth in the Company’s Bylaws.

You may recommend any person to be a director by writing to the Corporate Secretary of the Company. The period for submitting

written notice nominating a director for the 2027 Annual Meeting is not earlier than the 120th day prior to the date of the 2027

Annual Meeting and not later than the 90th day prior to the date of the 2027 Annual Meeting, or, if later, the tenth day following the

day on which we announce the annual meeting date to the public. This notice must include, among other things, the name, age,

address, occupations and stockholdings of the proposed nominee and such other background materials as the Corporate

Sustainability and Governance Committee may request. In order for stockholders to give timely notice of nominations for directors

for inclusion on a universal proxy card in connection with the 2027 Annual Meeting, notice must be submitted by the same deadline

as disclosed above under the advance notice provisions of the Company's Bylaws and must include the information in the notice

required by the Company's Bylaws and by Rule 14a-19(b)(2) and Rule 14a-19(b)(3) under the Exchange Act.

To the extent permitted, the Company may exercise discretionary voting authority under proxies it solicits to vote in accordance

with its best judgment on any such stockholder proposal or nomination.

2026 Proxy Statement Visteon Corporation 57

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Miscellaneous Stockholders may obtain, at no charge, an additional copy of our 2025 Annual Report on Form 10-K including exhibits by contacting our Investor Relations department in writing at One Village Center Drive, Van Buren Township, Michigan 48111 or via email at investor@visteon.com. Copies of our code of business conduct and ethics entitled, “Ethics and Integrity Policy”, as well as the Corporate Governance Guidelines and charters of all standing Board committees, are available on our website at https://www.visteon.com or by contacting our Investor Relations. Our periodic and current reports, including our Annual Report on Form 10-K, and any amendments thereto, are also available through our internet website at https:// www.visteon.com/investors/sec-filings/default.aspx. The SEC has adopted rules that allow us to send a single copy of our Notice of Internet Availability of Proxy Materials or proxy solicitation and other required Annual Meeting materials to two or more stockholders sharing the same address. We may do this only if the stockholders at that address share the same last name or if we reasonably believe that the stockholders are members of the same family. If we are mailing a paper copy of our proxy materials, the rules require us to send each stockholder at the shared address a separate proxy card. We believe this rule is beneficial to both our stockholders and to us. Our printing and postage costs are lowered anytime we eliminate duplicate mailings to the same household. However, stockholders at a shared address may revoke their consent to the householding program and receive a separate copy of these materials. If you have elected to receive paper copies of our proxy materials and want to receive a separate copy of these materials, please call Broadridge at (800) 579-1639. If you consented to the householding program and wish to revoke your consent for future years, simply call, toll free, (800) 579-1639, or write to Broadridge, Householding Department, 51 Mercedes Way, Edgewood, New York 11717. If you received more than one Notice of Internet Availability of Proxy Materials or proxy card, then you probably have multiple accounts with us and/or brokers, banks or other nominees. You should vote all of the shares represented by these proxy cards. Certain brokers, banks and nominees have procedures in place to discontinue duplicate mailings upon a stockholder’s request. You should contact your broker, bank or nominee for more information. Additionally, our transfer agent, Computershare Shareowner Services, can assist you if you want to consolidate multiple registered accounts existing in your name. To contact our transfer agent, write to Visteon Corporation, c/o Computershare, P.O. Box 43078, Providence, RI 02940, or call (877) 881-5962.

Stockholders may obtain an additional copy of our Proxy Statement or Annual Report including exhibits by contacting our Investor Relations department.

2026 Proxy Statement Visteon Corporation A-1

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Appendix A

Visteon Director

Independence Guidelines

A director will be deemed “independent,” and to have no direct or indirect material relationship with the company (either directly or

as a partner, shareholder or officer of an organization that has a relationship with the company), if he/she meets all of the following

criteria:

1 Has not been an employee of Visteon or its subsidiaries within the last three years.

2 Is not currently a partner or employee of Visteon’s internal or external auditor or a former partner or employee of Visteon’s

internal or external auditor or was within the last three years (but is no longer) a partner or employee of Visteon’s internal or

external auditor who personally worked on Visteon’s audit within that time.

3 Has not been employed by a company in which, concurrently with such employment, an executive officer of Visteon served on

the compensation committee of such company within the last three years.

4 Has not received more than $100,000 per year in direct compensation from Visteon or its subsidiaries within the last three

years, other than director or committee fees and pensions or other forms of deferred compensation for prior service (and not

contingent on continued service).

5 Is not currently an executive officer or employee of a company that, within the past three years, has made payments to, or

received payments from, Visteon or its subsidiaries for property or services in an amount which, in any single fiscal year,

exceeded the greater of $200,000 or 5% of such other company’s consolidated gross revenues for such year.

6 Has no immediate family member(1) who (i) has been employed by Visteon as an officer, (ii) is a current partner of Visteon’s

internal or external auditor or a current employee of Visteon’s internal or external auditor who participates in the audit,

assurance or tax compliance (but not tax planning) practice, (iii) is a former partner or employee of Visteon’s internal or

external auditor who personally worked on Visteon’s audit within the last three years, (iv) has been employed as an officer of

another company where a Visteon executive officer served on the compensation committee of that company within the last

three years, (v) received more than $100,000 per year in direct compensation from Visteon or its subsidiaries other than

pensions or other forms of deferred compensation for prior service (and not contingent on continued service), or (vi) is

currently an officer of a company that has made payments to, or received payments from, Visteon or its subsidiaries for

property or services in an amount which, during any twelve month period, exceeded the greater of $200,000 or 5% of such

other company’s consolidated gross revenues for such year, in each case, within the last three years.

7 Is not currently an executive officer of a tax-exempt organization that has received, within the preceding three years,

contributions from Visteon or its subsidiaries in any single fiscal year in excess of the greater of $200,000 or 5% of such

charitable organization’s consolidated gross revenues for such year.

8 Does not have any other relationships with the Company or with members of senior management that the Board determines to

be material.

December 14, 2017

(1) A director’s immediate family shall include his or her spouse, parents, children, siblings, mothers and fathers-in-law, sons and daughters-in-law and brothers and

sisters-in-law and anyone (other than domestic employees) who shares such director’s home.

2026 Proxy Statement Visteon Corporation B-1

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Appendix B

Reconciliation of Non-GAAP

Financial Measures

This Proxy Statement contains information regarding Adjusted EBITDA and Adjusted Free Cash Flow, both of which are financial

measures that are not calculated in accordance with GAAP. We believe these non-GAAP financial measures are relevant and

useful for purposes of this Proxy Statement to understand our 2025 performance in relation to the Annual Incentive payments the

Organization and Compensation Committee approved for our NEOs, as described under “Short-Term Incentive Compensation” and

“Annual Incentive Awards.” However, because Adjusted EBITDA and Adjusted Free Cash Flow are not calculated in accordance

with GAAP, these financial measures may not be completely comparable to similarly titled measurers of other companies and, thus,

should not be considered in isolation or as an alternative to measures prescribed by GAAP. Rather, Adjusted EBITDA and Adjusted

Free Cash Flow should be used to supplement the most directly comparable GAAP financial measures in order to provide a greater

understanding of our performance and the 2025 Annual Incentive payments to our NEOs.

The table below reconciles our total net loss attributable to Visteon Corporation calculated in accordance with GAAP to the non-

GAAP measure of Adjusted EBITDA (in millions):

Visteon:	Twelve Months Ended December 31, 2025
Net income attributable to Visteon Corporation (1)	$201
Depreciation and amortization	109
Restructuring expense	8
Provision for income taxes	125
Non-cash, stock-based compensation expense	45
Interest expense, net	(9)
Net income attributable to non-controlling interests	12
Equity in net loss income of non-consolidated affiliates	(8)
Other, net	9
Adjusted EBITDA	$492

(1) Amounts shown reflect a change in accounting principle for U.S. deferred tax asset realizability. Refer to Note 1, 'Summary of Significant Accounting Policies' in

Part II, Item 8 of our 2025 Form 10-K for further details on this change.

The table below reconciles our cash provided from operating activities calculated in accordance with GAAP to the non-GAAP

measure of Adjusted Free Cash Flow (in millions):

Total Visteon:	Twelve Months Ended December 31, 2025
Cash provided from operating activities	$410
Capital expenditures, including intangibles	(133)
Free cash flow	$277
Restructuring related payments	15
Adjusted free cash flow	$292
U.S. pension contributions	17
Adjusted free cash flow for Annual Incentive	$309

C-1 Visteon Corporation 2026 Proxy Statement

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Appendix C

Directions to

Grace Lake Corporate Center

Traveling West via I-94 or from Detroit Metropolitan Airport (DTW):

• Take I-275 North

• Exit at Ecorse Rd. (Exit 20). The exit is north of I-94 and south of Michigan Ave.

• Turn right (east) at Ecorse Rd.

• Grace Lake Corporate Center is on the right, approx.1/4 mile from the exit

Traveling East via I-94:

• Exit at Haggerty Rd. (north)

• Take Haggerty Rd., approx. 2 miles, to Ecorse Rd. and turn right (east)

• Grace Lake Corporate Center is on the right, approx. 1 mile

Traveling North or South via I-275:

• Exit at Ecorse Rd. (Exit 20). The exit is north of I-94 and south of Michigan Ave.

• From the North: turn left (east) at Ecorse Rd.

• From the South: turn right (east) at Ecorse Rd.

• Grace Lake Corporate Center is on the right, approx.1/4 mile from the exit