Company: KD
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022676
Chunk: 72

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 72
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 equity award adjustments include the addition (or subtraction, as applicable) of the following: (i) the fiscal 2025 year-end fair value of any equity awards granted during the fiscal year that are outstanding and unvested as of the end of the fiscal year; (ii) the amount of change as of the end of fiscal 2025 |

| 72|KYNDRYL2025 PROXY STATEMENT |

TABLE OF CONTENTS

(from the end of the prior fiscal year) in fair value of any awards granted in prior fiscal years or periods that are outstanding and unvested as of the end of fiscal 2025; (iii) for awards that are granted and vest in same applicable fiscal year, if any, the fair value as of the vesting date; (iv) for awards granted in prior fiscal years or periods that vested during fiscal 2025, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior fiscal years that are determined to fail to meet the applicable vesting conditions during fiscal 2025, if any, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in fiscal 2025 prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable fiscal year or period. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

|              |     |  Fair Value 
  of Current 
 Year Equity 
   Awards at 
 Fiscal 2025 
    Year End 
         ($) |     |  Change in 
   Value of 
      Prior 
     Years’ 
     Awards 
   Unvested 
  at Fiscal 
  2025 Year 
        End 
        ($) |     | Vesting 
 Date    
 Fair    
 Value   
 of      
 Current 
 Year    
 Equity  
 Awards  
 ($)     |     |   Change in 
  Fair Value 
    of Prior 
      Years’ 
      Awards 
        that 
      Vested 
      during 
 Fiscal 2025 
         ($) |     | Prior Year- 
 End Fair    
 Value of    
 Prior Year  
 Awards      
 that Failed 
 to Vest     
 During      
 Fiscal