Company: KELYB
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001193125-25-080159
Chunk: 83

Company: KELLY SERVICES INC
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 83
---
 2025 Plan also authorizes the Board to grant awards to the non-employeedirectors of the Company. Awards under the 2025 Plan may be granted in the form of stock options, stock appreciation rights (or “SARs”), restricted shares, restricted share units, and other share-based awards. If approved by shareholders, based on current selection criteria approximately 8 non-employeedirectors, 225 employees and 5 consultants would be eligible to be selected to receive awards under the 2025 Plan. Individuals selected to receive awards under the 2025 Plan are referred to as “participants.” Administration The Compensation and Talent Management Committee, which is comprised exclusively of non-employeedirectors, generally will administer awards granted under the 2025 Plan. To the extent permitted by applicable law, the Compensation and Talent Management Committee or the Board may delegate its authority to one or more employees or directors of the Company. Further, the Board has reserved to itself the authority to grant awards to the non-employeemembers of the Board, and the Board may reserve to itself any of the Compensation and Talent Management Committee’s other authority and may act as the administrator of the 2025 Plan. Shares Available Subject to adjustments as described below, the total number of shares that may be delivered under the 2025 Plan will not exceed 4,000,000 shares, all of which may be issued pursuant to awards of incentive stock options, plus the number of shares available for the grant of award under the Prior Plan immediately prior to the date of the Annual Meeting. Shares tendered or withheld to pay the exercise price of a stock option or to cover tax withholding will not be added back to the number of shares available under the 2025 Plan. Upon exercise of any stock appreciation right that may be settled in shares, the full number of shares subject to that award will be counted against the number of shares available under the 2025 Plan, regardless of the number of shares used to settle the stock appreciation right upon exercise. To the extent that any award under the 2025 Plan or any award granted under the Prior Plan is forfeited, or any option or stock appreciation right terminates, expires or lapses without being exercised, the shares subject to such awards granted but not delivered will be added to the number of shares available for awards under the 2025 Plan. Shares available for awards under the 2025 Plan may consist of authorized and

| 78 |

Proposal 3: Vote to Approve the Kelly Services,