Company: WKC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058752
Chunk: 10

Company: WORLD KINECT CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 10
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 that he has the primary responsibility for managing our day-to-day operations and therefore has a detailed and in-depth knowledge of the issues, opportunities and challenges facing us and our business. The Board also believes that the Chief Executive Officer serving as Chairman of the Board further promotes information flow between management and the Board and enhances the quality of the Board’s overall decision-making process. In making its decision to combine the roles of Chief Executive Officer and Chairman of the Board, the Board considered that its leadership structure was appropriate given the following strong governance structures and processes in place to ensure the independence of the Board, eliminate conflicts of interest and prevent the dominance of the Board by senior management: • the presence of, and the responsibilities and authority of, the Board’s strong lead independent director; • the composition of the Board, which includes a super-majority of independent non-management directors; • the composition of the Board’s standing committees, which are composed of, and chaired solely by, independent non-management directors; • the fact that the independent non-management directors meet in regular executive sessions without management present to discuss, among other things, the effectiveness of our management, the quality of the Board meetings and any other issues and concerns; and • the fact that all Board members have unrestricted access to management and outside advisors. Lead Independent Director Our independent directors annually elect our Lead Independent Director. Consistent with best practices, our Lead Independent Director: • presides at all meetings of the Board at which the Chairman of the Board is not present, including executive sessions of the independent directors; • serves as a liaison between the Chairman of the Board and the independent directors; • reviews Board meeting agendas and schedules to assure that there is sufficient time for discussion of all agenda items; • has the authority to call meetings of the independent directors; • if requested by major shareholders, ensures that he or she is available for consultations and direct communication;

| World Kinect 2025 Proxy Statement | 17 |

| Corporate Governance |

has the authority to retain outside advisors and consultants who report directly to the Board; and

consults with and assists the Chief Executive Officer in accomplishing his or her objectives as the Chief Executive Officer deems appropriate.

Currently, Mr. Roddenberry serves as our Lead Independent Director. The Board believes that having a lead independent director benefits us and our shareholders by providing leadership and an organizational structure for the independent directors.

Shareholder Engagement

We regularly engage with our shareholders to better understand their perspectives on our Company, including our business strategies, financial performance and matters of corporate governance and executive compensation. This