Company: KD
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022676
Chunk: 61

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 61
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’s distribution election), subject to certain exceptions for compliance with Section 409A of the Code. Deferrals under the Kyndryl Excess Plan may be allocated among hypothetical investment options that mirror the investment options available under our qualified Kyndryl 401(k) Plan. Potential Payments upon Termination or Change in Control The following table describes the potential payments and benefits under the Company’s compensation and benefit plans and contractual agreements to which the NEOs would have been entitled if a termination of employment or change in control occurred on the last business day of fiscal 2025. The only agreements, arrangements or plans that entitle the NEOs to severance, perquisites or other enhanced benefits upon termination of their employment or a change in control are:

| • | the Severance Plan; and |

| • | the terms of the NEOs’ equity awards. |

The amounts shown in the table do not include:

| • | payments and benefits to the extent they are provided generally to all salaried employees upon termination of employment and do not discriminate in scope, terms or operation in favor of the NEOs; and |

| • | distributions of previously vested plan balances under the Kyndryl 401(k) Plan, the Kyndryl Excess Plan and the IBM Excess Plan (see “Non-Qualified Deferred Compensation for Fiscal 2025” above for information about the Kyndryl Excess Plan and the IBM Excess Plan). |

| KYNDRYL2025 PROXY STATEMENT|65 |

TABLE OF CONTENTS

Potential Payments to NEOs upon Termination of Employment or Change in Control Table

| Name                                               |     |     Covered 
 Termination 
         ($) |     |           Covered Termination 
 following a Change in Control 
                           ($) |     | Qualifying Retirement 
                   ($) |     | Disability 
        ($) |     |      Death 
        ($) |
| Martin Schroeter                                   |     |             |     |                               |     |                       |     |            |     |            |
| Cash Severance Payment(1)                          |     |   5,182,562 |     |                     9,600,000 |     |                     — |     |          — |     |          — |
| Acceleration of Equity Awards(2)                   |     |           — |     |                    51,994,977 |     |            15,952,938 |     | 51,994,977 |     | 51,994,977 |
|