Company: DLX
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000027996-25-000107
Chunk: 23

Company: DELUXE CORP
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 23
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 25, 2024.

#### Stock Ownership Guidelines for Directors
The board has established stock ownership guidelines for non-employee directors. These guidelines set ownership targets for each non-employee director, with the expectation that the target be achieved within five years of the date the individual is first elected or appointed to the board. Non-employee directors have a target ownership level of shares of our common stock having a value of at least five times the then-current amount of the annual board retainer. All of our non-employee directors who have been in their positions for at least five years are in compliance with the applicable stock ownership guidelines, and all others are on track to meet these guidelines. In addition to the stock ownership guidelines, directors are subject to share retention and holding period requirements. Under this policy, individuals who have not achieved their ownership targets must retain 100 percent of any shares acquired upon the vesting of equity awards and are required to hold the shares until their individual ownership targets are met.

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### STOCK OWNERSHIP AND REPORTING
Security Ownership of Certain Beneficial Owners and Management

The following table shows, as of February 24, 2025 (unless otherwise noted), the number of shares of common stock beneficially owned by: 1) each person or entity known by us to beneficially own more than five percent of our outstanding common stock; 2) each executive officer named in the Summary Compensation Table (SCT) that appears in the "Compensation Tables" section of this Proxy Statement (each, a NEO); 3) each director and nominee for director; and 4) all of the current directors, director nominees, and executive officers as a group. Except as otherwise indicated in the footnotes below, the shareholders listed in the table have sole voting and investment powers with respect to the common stock owned by them.

| Name of Beneficial Owner                                                          |     | Amount and Nature of Beneficial Ownership |           |           | Percent of Class |     |      |
| 5% Beneficial Owners                                                              |     |                                           |           |           |                  |     |      |
| BlackRock, Inc.1                                                                  
 50 Hudson Yards                                                                   
 New York, NY 10001                                                                |     |                                           |           | 7,196,987 |                  |     | 16.5 |
| The Vanguard Group, Inc.2                                                         
 100 Vanguard Blvd.                                                                
 Malvern, PA 19355                                                                 |     |                                           |           |