Company: KD
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022676
Chunk: 38

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 38
---
 citizenship objectives was determined based on the Company’s achievement of key qualitative goals to further the Company’s corporate citizenship strategy that aligns with our strategic business priorities: continuing to build the foundation of our sustainability program to deliver our commitment to reduce our environmental impact; maintaining equal to or better than industry average levels of employee engagement; and continuing to establish a foundation for the culture, systems and platforms which enhance governance, ethics and transparency. |

The results set forth above produced a weighted payout percentage of 118.4% of target. The CHC Committee determined not to adjust the weighted payout percentage for the individual performance of any of the NEOs. Based on the performance achieved, each of the NEOs earned a cash bonus for fiscal 2025 as follows, which amounts are reflected in the “Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table:

| Name               |     |       Base 
  salary(1) |     | Target     
 bonus as a 
 percentage 
 of base    
 salary     |     |         Target 
          bonus 
 opportunity(2) |     | Weighted   
 payout     
 percentage |     |     Fiscal 
       2025 
      bonus 
    payment |
| Martin Schroeter   |     | $1,200,000 |     | 200%       |     |     $2,350,137 |     | 118.4%     |     | $2,782,562 |
| David Wyshner      |     |   $866,250 |     | 125%       |     |     $1,069,957 |     | 118.4%     |     | $1,266,829 |
| Elly Keinan        |     |   $896,400 |     | 200%       |     |     $1,759,691 |     | 118.4%     |     | $2,083,474 |
| Edward Sebold      |     |   $735,000 |     | 125%       |     |       $907,842 |     | 118.4%     |     | $1,074,885 |
| Maryjo Charbonnier |     |   $682,500 |     | 125%       |     |       $842,997 |     | 118.4%     |     |   $998,108 |

| (1) | Effective as of July 1, 2024. |

| (2) | Fiscal 202