Company: ACCO
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0000950170-25-046374
Chunk: 55

Company: ACCO BRANDS Corp
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 55
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 fungible share ratio, the Plan share reserve is reduced by 2.00 shares for each PSU and RSU awarded (by 20,628,668 shares), reducing the actual dilutive effect of the share pool.

We have only granted awards in the form of RSUs and PSUs in the past two years and intend to continue this practice. Based on this practice, the additional 4,550,000 shares requested in the proposed amendment would only result in the issuance of 2,275,000 shares due to the 2.00 fungible ratio (assuming PSUs are earned at target performance). This results in an expected total potential dilution of 16.9 percent from shares available under the Plan as proposed to be amended.

#### 74ACCO BRANDS| 2025 PROXY STATEMENT
The plan prohibits recycling of shares that are surrendered or withheld to pay an award's exercise price or withholding taxes. These shares cannot be added back to the shares available under the Plan. Likewise, any shares reacquired by the Company with the amount received from stock option exercises will not be added to the pool of available shares under the Plan.

We make annual equity awards to all employees at the vice president level or above. The number of people in this group currently is approximately 50. Additionally, we have historically made discretionary grants in cash to an additional approximately 50 employees annually from a pool of over 200.

From time to time, we have used time-based and performance-based long term cash awards to preserve our share pool and extends its life, but we much prefer granting equity awards to our vice president level employees to better align their incentives with our stockholders.

Other considerations . In approving the Plan and the number of shares reserved for issuance thereunder, the Compensation and Human Capital Committee and the Board of Directors also considered our long-term incentive pay strategy of utilizing equity grants to senior management and directors to align their interests to those of our stockholders.

Rationale for Implementing the Proposed Amendment to the Plan

The Board believes that the adoption of the amendment to the Plan is desirable and in the best interests of the Company and its stockholders. The Plan is intended to promote and closely align the interests of employees of the Company and its stockholders by continuing the ability for the Company to award to employees stock-based compensation, including performance-based equity compensation, while not causing unreasonable dilution to stockholders. The Plan includes important features that are designed to serve our stockholders’ interests as described below. The continued ability to offer our