Company: WKC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058752
Chunk: 99

Company: WORLD KINECT CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 99
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 to World Kinect and available to common shareholders by the sum of the weighted average number of shares of common stock, stock units, restricted stock entitled to dividends not subject to forfeiture and vested restricted stock units outstanding during the period and the number of additional shares of common stock that would have been outstanding if our outstanding potentially dilutive securities had been issued.                         |
| Adjusted ROIC                  |     | Adjusted return on invested capital is a non-GAAP financial measure defined as adjusted operating income (less minority interest) after tax, divided by average invested capital, which includes total debt plus equity less excess cash.                                                                                                                                                                                                                                                                                                                                                 |
| Adjusted EBITDA                |     | Adjusted earnings before interest, taxes, depreciation and amortization is a non-GAAP financial measure defined as net income (loss) including noncontrolling interest and excluding the impact of interest, income taxes, and depreciation and amortization, in addition to acquisition and divestiture related expenses, costs associated with restructuring activities (including all costs associated with exit activities), impairments, gains or losses on sale of businesses, integration costs, non-operating legal settlements, and costs associated with the Finnish bid error. |

| 100 | World Kinect 2025 Proxy Statement |

| Questions and Answers About Voting |

| Questions and Answers About Voting |

What am I being asked to vote on and what is the Board recommendation? At the Annual Meeting you will be asked to vote on the following four proposals. Our Board recommendation for each of these proposals is set forth below:

| Proposal |                                                                                                                                               |     | Board Recommendation        |
| 1        | To elect nine directors each for a term expiring at the next annual meeting or until his or her successor has been duly elected and qualified |     | “FOR” each Director Nominee |
| 2        | To approve, on a non-binding, advisory basis, the compensation of our named executive officers                                                |     | “FOR”                       |
| 3        | To ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the 2024 fiscal year         |     | “FOR”                       |
| 4        | To approve the World Kinect Corporation 2025 Omnibus Plan                                                                                     |     | “FOR”                       |

You will also be asked to consider and act upon such other business as may properly come before the Annual Meeting. Who is entitled to vote at the Annual Meeting? Only holders of record of our common stock at the close of business on April 10,