Company: ACCO
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0000950170-25-046374
Chunk: 32

Company: ACCO BRANDS Corp
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 32
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 aligned with peer group practices and stockholder interests.                 |
| Relative Total Shareholder Return         | Modifier       | Earned PSUs can be increased or decreased by up to 20% based on the Company's relative TSR performance compared to the Peer Group, as described below.                                                                                                                                                                                                                                                | To align executives with stockholder interests.                                                                                                               |

Once the number of earned PSUs is calculated based on the level of achievement under the financial performance measures, the number of earned PSUs may be increased or decreased based on the Company's total shareholder return ("TSR") performance relative to the Peer Group over the cumulative three-year performance period.

| Company TSR Relative to Peer Group TSR | TSR Modifier (Multiplier) |
| >= 75th Percentile                     | 120%                      |
| >25th and < 75th Percentile            | 100% (No Modification)    |
| <= 25th Percentile                     | 80%                       |

TSR for the Peer Group and the Company for the period beginning on January 1, 2024 and ending on December 31, 2026 will be calculated by subtracting the beginning stock price from the ending stock price (in each case, including reinvested dividends) and dividing by the beginning stock price (including reinvested dividends). For purposes of calculating the TSR Modifier, the beginning and ending stock price will be equal to the average of the last 30 trading days stock price ending on the calculation date. 2022 - 2024 PSUs The 2022 - 2024 PSUs vested on December 31, 2024. The 2022 - 2024 PSU actual performance on the financial measures, adjusted earnings per share (with target performance of $4.93 per share), adjusted free cash flow (with target performance of $525.0 million), and gross profit margin (with target performance of 32.07 percent), resulted in 14.0 percent achievement. ACCO Brands ranked below the

#### ACCO BRANDS| 2025 PROXY STATEMENT47
25th percentile relative to the Peer Group over the three-year cumulative period, and thus a modifier of 80 percent was applied to financial performance, resulting in 11.2 percent of target performance achievement for the three-year period. As a result, each of Messrs. Tedford, Monko, Buchenroth, earned 9,208, 6,906, 4,988 shares (including accrued dividend equivalents), respectively and