Company: CNDT
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001677703-25-000062
Chunk: 65

Company: CONDUENT Inc
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 65
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 benefits at active employee rates for a period of 12 months plus an additional lump-sum payment equal to the value of 12 months of Conduent’s portion of medical, dental and healthcare premiums for Messrs. Skelton, Woo d, Krawitz, Prout and McDaniel; and

• Pursuant to the terms of the applicable agreements, accelerated vesting of stock awards, including performance restricted stock units at target and a short-term incentive (Non-Equity Incentive Award) payment for the 2024 performance, reflected above at actual achievement against performance goals.

If excise tax is payable by any of the named executives, Conduent will reduce the named executive officer’s payments under the CIC Plan to a level that will not trigger an excise tax payment, if it is determined that doing so will result in a greater net after-tax amount for the executive.

(D) Termination following disability or death on December 31, 2024 would entitle the named executive officer or his estate or, with respect to certain types of payments and elections made, his designated beneficiaries to receive a 2024 short-term incentive payment shown at actual achievement against performance goals; full vesting of PRSUs, subject to actual performance achievement, estimated here as follows: 2023 & 2024 PRSU—rTSR awards at target; the 2023 PRSU—Revenue Growth awards at 55.42% (An average of 66.25% for 2023 performance, 0% for 2024 performance and 100% target for

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2025 performance); and the 2024 PRSU—Revenue Growth awards at 84.91% (an average of 54.74% for 2024 performance, and target performance for both 2025 and 2026). The 2023 PRSUs and 2024 PRSUs are subject to performance conditions, and scheduled to vest on December 31, 2025 and December 31, 2026, respectively;

#### Involuntary Termination for Cause
Assuming involuntary termination for cause due to certain conditions, including engagement in detrimental activity against Conduent, there would be no payments to the named executive officers. All unvested shares would be immediately cancelled upon termination for cause. See the “Governance of the Executive Compensation Programs—Compensation Recoupment Policy (Clawbacks)” section of the CD&A for additional information.

#### Definitions