Company: KD
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022676
Chunk: 26

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 26
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| KYNDRYL2025 PROXY STATEMENT|31 |

TABLE OF CONTENTS

Director Compensation The director compensation program for fiscal 2025, as adopted by the Board and described below, provides that each of our non-employee directors receives a cash retainer and an annual equity award in the form of restricted stock units (“RSUs”) for their services to the Board and its committees. Mr. Schroeter, Chairman and Chief Executive Officer, does not receive separate compensation for his service on the Board. The Board believes that annual compensation for non-employee directors should consist of both a cash component, designed to compensate members for their service on the Board and for serving as Lead Independent Director or as the chair of a Board committee, and an equity component, designed to align the interests of directors and stockholders. In addition, each director will be reimbursed for out-of-pocket expenses in connection with his or her services. This program enables continued attraction and retention of highly qualified directors and to address the time, effort and responsibility required by active board membership. Director compensation is reviewed by the Nominating and Governance Committee and the Board on an annual basis.

|                                |     | Fiscal 2025 Annual Compensation |         |     | Fiscal 2025 Additional Annual Cash Retainers |     |         |
|                                |     |                                 |         |     | Lead Independent Director                    |     | $60,000 |
| Board Committee Chairmanship   |     |                                 |         |     |                                              |     |         |
| Audit                          |     |                                 | $30,000 |     |                                              |     |         |
| Compensation and Human Capital |     |                                 | $22,500 |     |                                              |     |         |
| Nominating and Governance      |     |                                 | $22,500 |     |                                              |     |         |

The cash retainer is paid in installments and prorated for partial years of service. The annual RSU grant is made on the date of the annual meeting each year, has an annual target value of $210,000 and fully vests on the earlier of the anniversary of the grant date and the date of our next annual meeting following the grant date (provided that the date of the meeting is at least 50 weeks after the grant date). Accordingly, on July 25, 2024, we granted each of our non-employee directors 7,787 RSUs that will vest in full on July 25, 2025, the anniversary of the date of