Company: JLL
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001037976-25-000014
Chunk: 79

Company: JONES LANG LASALLE INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 79
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shares in thousands)                                        |     | Fiscal 2022 |        |   | Fiscal 2023 |        |   | Fiscal 2024 |        |   |     |        | 3-year Average |
| Stock options granted                                        |     |             |      0 |   |             |      0 |   |             |      0 |   |     |      0 |                |
| Service-based restricted stock units granted                 |     |             |  353.2 |   |             |  520.5 |   |             |  665.5 |   |     |  513.1 |                |
| Actual performance-based restricted stock units earned       |     |             |  175.1 |   |             |  257.2 |   |             |  109.2 |   |     |  180.5 |                |
| Basic weighted average shares outstanding at fiscal year end |     |             | 48,453 |   |             | 47,628 |   |             | 47,493 |   |     | 47,858 |                |
| Run rate                                                     |     |             |   1.09 | % |             |   1.63 | % |             |   1.63 | % |     |   1.45 | %              |

JLL continues to manage its run rate of awards granted over time to levels it believes are reasonable in light of changes in its business and number of outstanding shares while ensuring that our overall executive compensation program is competitive, relevant and motivational.

On April 1, 2025, the closing price of JLL common stock traded on the New York Stock Exchange was $246.00 per share.

#### Information about dilution, overhang and run rate
Dilution . The Board anticipates that the 389,000 additional shares being requested together with the 1,576,015 shares that remain available for issuance of future awards under the amended and restated 2019 Plan will be exhausted in 2026 assuming that its annual usage remains consistent with the 2024 equity grants made by JLL.

The new shares would represent 0.8% of shares outstanding as of April 1, 2025. The Board believes that this amount of potential dilution would be balanced by the strong incentive it also believes will be provided to employees to increase the value of JLL for all shareholders.

Overhang . We calculate our “