Company: KODK
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013170
Chunk: 56

Company: EASTMAN KODAK CO
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 56
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 for Mr. Byrd granted in 2023 has an accelerated vesting provision for all termination reasons except in the case of termination for cause or without good reason. This provides for the first tranche of equity to vest following the date of termination; all other unvested RSUs and stock options would be forfeited. As at December 31, 2024 Mr. Byrd would have accelerated vesting of 8,333 stock options from his May 17, 2023 grant. |

| (5) | In the event of termination without cause, each NEO is eligible to receive outplacement services valued at $4,500 provided in accordance with our Termination Allowance Plan, and Mr. Continenza is also eligible for continued participation in all health, medical and dental plans for 24 months and payment of all required contributions for such coverage. In the event of termination due to disability, each NEO is eligible to receive benefits under our long-term disability plan. In the event of termination due to death, each NEO is eligible to receive $100,000 in term life insurance provided under our employee life insurance plan. |

CEO PAY RATIO Pursuant to Item 402(u) of Regulation S-K, we are required to disclose the following information about the relationship of the annual total compensation of our median employee and the annual total compensation of our Chief Executive Officer (our CEO). For 2024, the annual total compensation of the median employee of the Company was $51,397, and the annual total compensation of our CEO was $6,232,547. Based on this information, we reasonably estimate that the ratio of the annual total compensation of our CEO to the annual total compensation of our median employee for 2024 was 121 to 1. To identify our median employee for 2024, we used the following methodology and material assumptions, adjustments and estimates:

| • | We selected October 1, 2024, as the date upon which we would identify our median employee. We determined that as of such date, our overall employee population consisted of approximately 3,880 employees, of which approximately 48% were located in the U.S. |

| • | To identify our median employee, as permitted by the de minimis exception in Item 402(u), we excluded from our overall employee population the employees located in the following countries, which consisted of 166 employees in total: Austria (4); Denmark (4); Netherlands (9); Poland (10); Spain (23); Sweden (7);