Company: KELYB
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001193125-25-080159
Chunk: 55

Company: KELLY SERVICES INC
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 55
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4,790 |     |                                                   |     |  9,580 |
| Nicola M. Soares                                      |         |                    |     |  4,155 |     |        |     |  4,155 |     |                                                   |     |  8,310 |
| Former Executives                                     |         |                    |     |        |     |        |     |        |     |                                                   |     |        |
| Olivier G. Thirot                                     |         |                    |     | 14,596 |     |        |     | 14,596 |     |                                                   |     | 29,192 |
| Dinette Koolhaas                                      |         |                    |     |    n/a |     |        |     |    n/a |     |                                                   |     |    n/a |

Note:

In the event of a senior officer’s termination of employment due to death, disability, normal retirement, or termination not for cause, the officer will receive a prorated award of performance shares based on actual results achieved, if any. Normal retirement is defined as age 62 with at least five years of service, or a combination of age plus years of service equal to 70, with a minimum age of 60. In order to be eligible for a prorated award due to termination by the Company not for cause, a senior officer must have been employed for at least one year after the date the grants were approved by the Committee. The prorated amount is based on the number of whole months in the performance period that were worked by the senior officer prior to termination divided by 36. In the case of termination not for cause in connection with a change in control, performance shares vest immediately at target amounts.

| 56 |

Compensation Discussion and Analysis 2022-2024 Long-Term Incentive Performance Results – Year 3 The 2022-2024 performance shares have two financial measures, revenue growth and EBITDA margin, which have three one-yeargoals set in the beginning of each performance year. In February 2024, the Committee approved goals at threshold, target, and maximum levels of performance for each of the measures for the 2024 portion of the award opportunity. During its February 11, 2025 meeting, the Committee approved the results for the 2024 performance year. Earned shares vested 100% upon Committee approval. Aggregate funding for all performance measures during the 2024 performance year was 75.78%