Company: KELYB
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001193125-25-080159
Chunk: 50

Company: KELLY SERVICES INC
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 50
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2 |     |           | $ | 443,000 |     |           | $ | 454,000 |     |             |     | 2.5 | % |
| Nicola M. Soares        |     |                   |     | 2023 |     |           | $ | 384,300 |     |           | $ | 410,000 |     |             |     | 6.7 | % |
| Former Executives       |     |                   |     |      |     |           |   |         |     |           |   |         |     |             |     |     |   |
| Olivier G. Thirot       |     |                   |     |    — |     |           | $ | 681,000 |     |           | $ | 681,000 |     |             |     | 0.0 | % |
| Dinette Koolhaas        |     |                   |     |    — |     |           | $ | 569,203 |     |           | $ | 569,203 |     |             |     | 0.0 | % |

Notes:

| • |     | Amounts represent base salaries in effect on December 31 of each applicable year; |

| • |     | amount for Mr. Anderson reflects the terms of his offer of employment; and |

| • |     | amounts reported for Mr. Thirot and Ms. Koolhaas are converted from Swiss Francs to U.S. Dollars at an exchange rate of 1 CHF = 1.135 USD. This is calculated using the IRS Yearly Average Currency Exchange Rate for Switzerland for 2024 of 0.881 (1 CHF ÷ 0.881 = $1.135). |

Annual Cash Incentive The Committee believes that the named executive officers should have a meaningful percentage of their total compensation earned through annual “at risk” performance-based incentives. The percentage of target total compensation at risk under the terms of the STIP increases significantly as the individual executive’s responsibilities and influence on overall corporate performance results increase. The STIP design encourages executives to meet and exceed the Company’s short-term goals that align with overall corporate strategy and improvement of shareholder value.

| 52 |

Compensation Discussion and Analysis The STIP target opportunity is established as a percentage of each individual’s actual base salary earnings and is targeted near the median Market Data, but may vary based upon individual factors, internal equity, and other considerations. ST