Company: JLL
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001037976-25-000014
Chunk: 24

Company: JONES LANG LASALLE INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 24
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 Company’s business.

| 26 |     | 2025 Proxy Statement |

Corporate Governance

Corporate governance principles and Board matters

Enhanced Board oversight over public policy matters

The Nominating, Governance and Sustainability Committee has responsibility to assist the Board in overseeing the Company’s policies, programs and related risks to the Company that concern certain environmental, social, legislative, regulatory and public policy matters. The Nominating, Governance and Sustainability Committee is also assigned the following responsibilities:

• Review and discuss, and bring to the attention of the Board, current and emerging public policy trends that could impact JLL’s business operations, performance, and reputation;

• Review and discuss JLL’s implementation of procedures for identifying, assessing, monitoring and managing public policy and sustainability risks related to JLL’s business;

• Review and discuss JLL’s integration of sustainability and related policies, practices and goals into its business strategy and decision-making;

• Review JLL’s sustainability program and goals and JLL’s progress toward achieving those goals; and

• Review in advance and discuss JLL’s sustainability reporting.

Director independence

Our Corporate Governance Guidelines provide that a majority of our Directors must be independent. For a Director to be considered independent, the Board must determine that the Director does not have any direct or indirect material relationship with JLL and meets all the criteria for independence established by the New York Stock Exchange ( NYSE ). The Board has determined that all of our Director nominees are independent except Mr. Ulbrich, our CEO. All the members of the Board’s three standing committees are independent within the meaning of applicable SEC regulations and NYSE listing standard.

In connection with the independence determinations for each of our non-employee Directors, the Board considered transactions

and relationships between each Director, or any member of his or her immediate family, and JLL and its subsidiaries and affiliates. The Board also considered whether there were any transactions or relationships between JLL and a Director, or any member of his or her immediate family (or any entity in which a Director or any immediate family member is an executive officer, general partner, or significant equity holder). Ultimately, the Board concluded that the transactions considered were routine and normal, and that no Director derived a material benefit from the transactions. None of these transactions was considered a material relationship that impacted a Director’s independence.

Board leadership structure and role of the non-executive chairman in the leadership of the Board

Our leadership structure separates our CEO and Chairman of the Board positions. Barring exceptional circumstances, such as the CEO unexpectedly becomes unable to