Company: DLX
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000027996-25-000107
Chunk: 82

Company: DELUXE CORP
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 82
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 For 2024, to provide clearer disclosure, we adjusted our internal calculations to perform an iterative computation that no longer requires this final adjustment. As a result, the 2023 adjusted EBITDA and adjusted diluted EPS numbers reflected here do not match those disclosed in Annex A to our fiscal year 2023 proxy statement. We believe this change will allow us to more clearly and consistently disclose targets and actuals relative to the prior year.

(2) The tax effect of the pretax adjustments takes into account the tax treatment and related tax rate(s) applicable to each adjustment in the relevant tax jurisdiction(s). Generally, this results in a tax impact that approximates the U.S. effective tax rate for each adjustment. However, the tax impact of certain adjustments, such as share-based compensation expense and gains on sales of businesses, depends on whether the amounts are deductible in the respective tax jurisdictions and the applicable effective tax rate(s) in those jurisdictions.

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### ANNEX B

#### AMENDMENT NO. 2 TO

### DELUXE CORPORATION

#### 2022 STOCK INCENTIVE PLAN
THIS AMENDMENT NO. 2 (“Amendment”) to the Deluxe Corporation 2022 Stock Incentive Plan, as amended by Amendment No. 1 (the “Plan”) is made as of the 20th day of February, 2025, by Deluxe Corporation, a Minnesota corporation (the “ Company ”), to be effective as set forth herein.

WHEREAS , the Company previously established the Plan;

WHEREAS , the Company desires to further amend the Plan to increase the aggregate number of shares of Company Common Stock available for issuance thereunder;

WHEREAS , unless otherwise noted, any capitalized term used herein shall have the meaning ascribed to it in the Plan;

NOW, THEREFORE , the Plan is hereby amended, as follows:

Section 4(a) of the Plan is hereby amended by deleting the present section in its entirety and substituting the following in lieu thereof:

#### Section 4. Shares Available for Awards
a. Shares Available.

i. Subject to adjustment as provided in Section 4(c) of the Plan, the aggregate number of Shares that may be issued under all Awards under the Plan shall equal 4,650,000 (which represents the 1,500,000 shares originally authorized under the Plan, the 950,000 shares authorized under Amendment No.1, plus an additional 2,200,000 shares), plus

ii. any Shares subject