Company: KD
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022676
Chunk: 87

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 87
---
broker non-votes,” as described below, are counted as present and entitled to vote for purposes of determining a quorum. On the record date of June 3, 2025, there were 231,422,037 shares of the Company’s common stock outstanding, and each share is entitled to one vote at the Annual Meeting. 13. What is a broker non-vote, and what is “broker discretionary voting”? A broker non-vote occurs when shares held through a broker (shares held “in street name”) are not voted with respect to a proposal because (1) the broker has not received voting instructions from the stockholder who beneficially owns the shares and (2) the broker lacks the authority to vote the shares at its discretion. Broker discretionary voting refers to the NYSE rule allowing brokers to vote their customers’ shares on certain “routine” matters in the Proxy Statement at the brokers’ discretion when they have not received timely voting instructions from their customers. The NYSE rules on broker discretionary voting prohibit banks, brokers and other intermediaries from voting uninstructed shares on certain matters, including the Proposal on the Election of Directors and the Say-on-Pay Proposal. Therefore, if you hold your stock in street name and you do not instruct your bank, broker or other intermediary how to vote regarding the Election of Directors and Say-on-Pay Proposals, no votes will be cast on your behalf. The NYSE rules allow broker discretionary voting on the Auditor Ratification Proposal.

| KYNDRYL2025 PROXY STATEMENT|85 |

TABLE OF CONTENTS

14. What am I voting on, how many votes are required to approve each item, how are votes counted, and how does the Board recommend I vote? The table below summarizes the proposals that will be voted on, the vote required to approve each item, how votes are counted and how the Board recommends you vote:

| Proposal |     |                                                                                                                |     | Voting     
 Options    |     | Board              
 Recommendations(1) |     |         |     | Vote Required                                                           |     | Do          
 Abstentions 
 Count as    
 Votes Cast? |     | Is Broker     
 Discretionary 
 Voting        
 Allowed(2)    |
| 1        |     | Election of the three director nominees named in the Proxy Statement                                           |     | —“For”     
 —“Against” 
 —“Abstain” |     |                    |     | FOReach 
 nominee |     | Majority of votes cast —FORmust exceedAGAINST