Company: WKC
Filing Date: 2025-06-05
Form Type: S-8
Source: 0001193125-25-136001
Chunk: 3

Company: WORLD KINECT CORP
Filing Date: 2025-06-05
Form: S-8
Chunk 3
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Under Section 607.0851 of the Florida Act, a corporation may indemnify an individual who is a party to a proceeding (other
than an action by, or in the right of the corporation), by reason of the fact that he or she is or was a director or officer of the corporation against liability incurred in connection with such proceeding if he or she acted in good faith and in a
manner he or she reasonably believed to be in, or not opposed to, the best interests of the corporation and, in the case of any criminal proceeding, the director or officer had no reasonable cause to believe his or her conduct was unlawful. The
termination of any proceeding by judgment, order, settlement or conviction, or upon a plea ofnolo contendere or its equivalent, does not, of itself, create a presumption that the director or officer did not meet the relevant standard of
conduct described in Section 607.0851. A corporation also has the power to indemnify a director or an officer in connection with a proceeding by or in the right of the corporation for expenses and amounts paid in settlement not exceeding, in
the judgment of the board of directors, the estimated expense of litigating the proceeding to conclusion, actually and reasonably incurred in connection with the defense or settlement of such proceeding, including any appeal thereof. Such
indemnification shall be authorized if such person acted in good faith and in a manner he or she reasonably believed to be in, or not opposed to, the best interests of the corporation.

3

Under Section 607.0852 of the Florida Act, a corporation must indemnify an individual
who is or was a director or officer who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the individual was a party because he or she is or was a director or officer of the corporation against expenses
incurred by the individual in connection with the proceeding. Further, under Section 607.0853 of the Florida Act, a corporation may, before final disposition of a proceeding, advance funds to pay for or reimburse expenses incurred in connection
with the proceeding if the director or officer delivers to the corporation a signed written undertaking of the director or officer to repay any funds advanced if: (a) the director or officer is not entitled to mandatory indemnification under
Section 607.0852; and (b) it is ultimately determined that the director or officer has not met the relevant standard of conduct described in Section 607.0851 or the director