Company: WKC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058752
Chunk: 44

Company: WORLD KINECT CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 44
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 data can be useful, it does not believe that any comparison group company, whose composition is based solely on our industry classification, revenues, net income and/or market capitalization, is fully reflective of the markets in which we compete for talent. Consequently, the Compensation Committee does not set the executives’ target total direct compensation, or any of the target components of such compensation, at any specific percentile of the comparison group. Rather, it more generally considers, as part of the overall compensation discussion, base salary, as well as the target and actual short- and long-term incentive compensation of the NEOs against the 50th percentile of the comparison group. For 2025, the Compensation Committee, based on the recommendation of its independent compensation consultant, has relied on the same compensation comparison group of companies. Role of Indepe ndent Compensation Consultant In connection with the setting of 2024 executive compensation, the Compensation Committee engaged and received advice and assistance from its independent compensation consultant, Compensation Strategies, Inc. ("Compensation Strategies"). Compensation Strategies provides services solely to the Compensation Committee and reports directly and exclusively to the Compensation Committee. The Compensation Committee has assessed the independence of Compensation Strategies pursuant to SEC and NYSE rules and the guidelines of its Charter and concluded that Compensation Strategies' work for the Compensation Committee does not raise any conflict of interest.

| World Kinect 2025 Proxy Statement | 59 |

| Compensation Discussion and Analysis |

For 2024, Compensation Strategies provided assistance to the Compensation Committee generally as follows:

assisted in the preparation and review of quantitative analysis used in the compensation setting process;

assisted in reviewing the compensation comparison companies group for 2024;

assisted in developing a competitive analysis of our NEO compensation;

assisted with the design of the NEOs’ annual and long-term compensation plans;

provided recommendations for the 2024 compensation for our NEOs;

performed a competitive analysis of compensation levels for non-employee directors and provided recommendations for our director compensation program;

reviewed the CD&A in the annual proxy statement;

provided general advice on agreements or other documents the Compensation Committee was asked to approve; and

provided updates on regulatory developments and market trends related to executive compensation.

Employee Benefits and Executive Perquisites

Other Benefits and Perquisites

Our NEOs are eligible for the same health and welfare benefits as are generally available to all our eligible employees during active employment. These benefits include medical, dental, vision, short- and long-term disability, term life insurance and accidental death and dismemberment coverage. Our NEOs also receive additional Company