Company: ACCO
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0000950170-25-088224
Chunk: 11

Company: ACCO BRANDS Corp
Filing Date: 2025-06-20
Form: 11-K
Chunk 11
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 incentive, layoffs, etc. Termination of the contract would cause distributions to be payable at fair value. In addition, Prudential may not cause the contract to be terminated at an amount other than contract value. Currently, management believes that the occurrence of an event that would cause the Plan to transact contract distributions at less than contract value is not probable.

<div align='center'>(continued)</div>

9

<div align='center'>ACCO BRANDS CORPORATION 401(K) PLAN

Notes to Financial Statements

December 31, 2024 and 2023</div>

The crediting interest rate of the contract is based upon an agreed-upon formula with the issuer, as defined in the contract agreement, but cannot be less than zero. The interest rates are reviewed on a semi-annual basis and are updated per the contract. The key factors that influence future interest crediting rates could include the following: the level of market interest rates; the amount and timing of participant contributions; transfers and withdrawals into/out of the contracts; and the duration of the underlying investments backing the contracts . The fair value of the Wrapper is based upon a comparison of the cost of the Wrapper and current re-bid prices for a similar wrapper contract as of the financial statement date (level 3 inputs). The value of the Wrapper was determined to be zero as of December 31, 2024 and 2023. NOTE 7. Reconciliation of Financial Statements to Form 5500 The following is a reconciliation of net assets available for benefits per the financial statements compared to the Form 5500:

|                                                            |     | December 31, |        2024 |   |     |   |        2023 |   |
|:-----------------------------------------------------------|:----|:-------------|------------:|:--|:----|:--|------------:|:--|
| Net assets available for benefits per financial statements |     | $            | 381,738,687 |   |     | $ | 354,349,529 |   |
| Deemed distributions for participant loans                 |     |              |    (217,820 | ) |     |   |    (187,135 | ) |
| Net assets available for benefits per the Form 5500        |     | $            | 381,520,867 |   |     | $ | 354,162,394 |   |

|                                                                            |     | Year Ended        
 December 31, 2024 |            |   |
|: