Company: WKC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058752
Chunk: 5

Company: WORLD KINECT CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 5
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 targets that we believe, if achieved, will translate into strong financial performance both in the short- and long-term, resulting in positive returns for our shareholders and other stakeholders. For 2024, 86% of our CEO’s target compensation was at risk, and 77% of our other NEOs’ target compensation was at risk, with compensation value specifically tied to our stock price performance and/or achievement of rigorous, pre-established performance metrics. TARGET COMPENSATION MIX

| CHIEF EXECUTIVE OFFICER | AVERAGE OF OTHER NEOS |

2024 Executive Compensation We earned nearly 91% approval in 2024 from our shareholders for our named executive officer compensation program but are nonetheless committed to continuing to refine our program to help ensure increased alignment with shareholder interests and market best practices. Below are highlights of our 2024 executive compensation program:

| •No changes to NEOs’ 2024 target total compensation                                                                                                                                                                                                                                                   
 •2022-2024 performance-based restricted stock units (PRSUs) earned at 112% of target, which is the first time our NEOs’ PRSU awards have been earned since the 2017-2019 awards, which vested in 2020.                                                                                                
 •Modified our 2024 annual incentive program in response to shareholder input by:                                                                                                                                                                                                                      
 ◦increasing the weighting of the program’s financial metric component from 60% to 75%;                                                                                                                                                                                                                
 ◦reducing the number of strategic objectives and the allocated weighting in the program from 40% to 25%; and                                                                                                                                                                                          
 ◦allocating a specific weighting to each strategic objective to provide additional transparency to shareholders of the Compensation Committee’s assessment of the relative importance of each objective and performance achieved (subject to the cap of 100% of target for the strategic objectives). |

| 8 | World Kinect 2025 Proxy Statement |

| Proxy Summary |

2024 NEO ANNUAL COMPENSATION

|                         |     |                    |           |     |                        |           |     | Annual Incentive Program(2) |           |     |        |     |           |
| NEOs                    |     | Annual Base Salary 
 ($)                |           |     | Long-Term Incentive(1) 
 ($)                    |           |     | Amount                      
 ($)                         |           |     | % of   
 Target |     |     Total 
       ($) |
| Michael J. Kasbar       
 Chairman and CEO        |     |                    | 1,000,000 |