Company: WKC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058752
Chunk: 68

Company: WORLD KINECT CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 68
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 shareholders.The Board is recommending that the Company’s shareholders vote in favor of the 2025 Plan. The use of equity as part of our compensation program is important because it fosters a pay-for-performance culture, which is an essential element of our overall compensation philosophy. We believe that equity compensation motivates individuals to create shareholder value since the value they ultimately realize from such compensation is based on our stock performance. As described in greater detail below, the Board believes that the effective use of equity-based compensation and performance-based compensation has been integral to our success in the past and is a key component of our ability to drive strong performance in the future. Shareholder approval of the 2025 Plan would constitute approval of 1.85 million new shares of common stock, par value $0.01 per share, of the Company (“Stock”), plus any shares remaining available for future grant under the Prior Plans (as defined below) as of the effective date of the 2025 Plan, for awards under the 2025 Plan, as described below and in the 2025 Plan, with such amount subject to adjustment, including under the 2025 Plan’s share counting rules. The summary that follows represents the principal terms of the 2025 Plan in the event it is approved by the shareholders.The following information regarding the 2025 Plan is being provided to you in connection with the solicitation of proxies for the approval of the adoption of the 2025 Plan. The following description of the 2025 Plan is a summary only and does not purport to be complete. The summary is qualified in its entirety by reference to the 2025 Plan. The text of the 2025 Plan is attached as Annex A to this proxy statement. You are urged to read the 2025 Plan.VOTE REQUIREDApproval of the Plan requires the affirmative vote of the majority of the votes cast on the proposal. |                                                            |     |       |
| The Board of Directors recommends a vote “FOR” the approval of the Company’s 2025 Omnibus Plan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |                                                            |     | “FOR” |

| 78 | World Kinect 2025 Proxy Statement |

| Proposal 4 |

General Plan Information

The 2025 Plan is intended to succeed our 2021 Omnibus Plan (the “2021 Plan”). If the 2025 Plan is approved by shareholders, it will be effective as of the day of the Annual Meeting, and no new