Company: CNDT
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001677703-25-000062
Chunk: 39

Company: CONDUENT Inc
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 39
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                 |     |    $835,000 |     | 150%           |     |     $5,000,000 |     |   $7,087,500 |
| Stephen Wood     |     | Executive Vice President and Chief Financial Officer  |     |    $575,000 |     | 85%            |     |     $1,400,000 |     |   $2,463,750 |
| Michael Krawitz  |     | Executive Vice President, General Counsel & Secretary |     |    $525,000 |     | 85%            |     |     $1,100,000 |     |   $2,071,250 |
| Michael McDaniel |     | Executive Vice President, Commercial Solutions        |     |    $500,000 |     | 85%            |     |       $900,000 |     |   $1,825,000 |
| Mark Prout       |     | Executive Vice President, Chief Information Officer   |     |    $450,000 |     | 75%            |     |       $750,000 |     |   $1,537,500 |

To adjust target compensation levels to be closer to median market levels, the table above reflects the following changes made during 2024:

• Mr. Wood received a base salary increase from $525,000 to $575,000, and a target annual incentive percentage increase from 80% to 85%, effective February 1, 2024. Mr. Wood also received a long-term incentive target increase from $1,150,000 to $1,400,000.

• Mr. Krawitz received a base salary increase from $500,000 to $525,000, and a target annual incentive percentage increase from 75% to 85%, effective February 1, 2024. Mr. Krawitz also received a long-term incentive target increase from $1,000,000 to $1,100,000.

<div align='center'>26</div>

The chart below reflects the 2024 annual target total direct compensation pay mix for our CEO and other named executive officers as of December 31, 2024, and the portion of their targeted total direct compensation that is variable pay. Basing this variable compensation upon performance results, including Conduent’s rTSR performance as compared to our proxy peers, directly aligns our executives’ interests with shareholder value creation. To reinforce the Company’s pay for performance philosophy,