Company: CNDT
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001677703-25-000062
Chunk: 76

Company: CONDUENT Inc
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 76
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 |     58,662 |     |                                                                                                        | -396,364 |     |                                  |    795,496 |
| 2020                     |     |                        | 1,632,025 |     |                 |   -677,498 |     |                                                                                                                                   | 1,338,334 |     |                                                                                                               |  -16,283 |     |                                                                                            |   681,725 |     |                                                                                                                                         |    -23,906 |     |                                                                                                        |        — |     |                                  |  2,934,397 |

The unvested equity values in the above table are computed in accordance with the methodology used for financial reporting purposes. The fair value of time-based restricted stock units and PRSU—Revenue Hurdle awards used to calculate CAP was based on Conduent’s closing stock price on each valuation date and, for PRSU—Revenue Hurdle awards, assumes estimated performance results as of the end of each reporting year. The fair value of PRSU—Share Hurdle awards used to calculate CAP was based on Conduent’s fair value per share on each valuation date and assumes estimated performance results as of the end of each reporting year.

Columns for dividends and pensions are excluded from the above, as they are not provided by Conduent.

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Relationship between Company TSR and Peer Group TSR and CAP and Company TSR

The graph below illustrates the relationship between our TSR and the current Peer Group TSR, as well as the relationship between CAP and our TSR for our PEO and other NEOs.

Relationship between CAP and GAAP Net Income

GAAP Net Income is not a main factor in determining the CAP for our PEO and average other NEOs, as GAAP Net Income is not a metric used in our annual or long-term incentive plans, and thus there is not a strong relationship between CAP and Net Income.

<div align='center'>51</div>

Relationship between Revenue (our Company-Selected Measure) and CAP

The graph below reflects the relationship between our PEO and Average Other NEO CAP versus revenue for each fiscal year.

### OTHER INFORMATION

#### Indemnification Actions
The Company’s by-laws provide for indemnification of officers and directors to the fullest extent permitted by New York law. Additionally, on October 31, 2023, the Board adopted a form of indemnification agreement (the “ Indemnification Agreement ”) to be entered into between the Company and certain of its officers