Company: CNDT
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001677703-25-000062
Chunk: 51

Company: CONDUENT Inc
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 51
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4.

| Grant Date Common Stock Price: $5.19 |     |                          |     |                               |         |     |                                        |     |                   |
| Tranche                              |     | Share Hurdle Description |     |                               |   Share 
 Hurdles |     | Share Hurdle Achieved as of 12/31/2024 |     | Service Condition |
| 1                                    |     |                          |     | +15% stock price appreciation |  $5.968 |     | No                                     |     | December 31, 2022 |
| 2                                    |     |                          |     | +30% stock price appreciation |  $6.747 |     | No                                     |     | December 31, 2023 |
| 3                                    |     |                          |     | +50% stock price appreciation |  $7.785 |     | No                                     |     | December 31, 2024 |

#### 2023 PRSUs
2023 PRSU—Revenue Growth Award

The 2023 PRSU—Revenue Growth targets were established for each calendar year of 2023, 2024 and 2025. The three annual results will be averaged to determine a final payout. The Revenue Growth targets and payout percentages are as follows:

| Revenue Growth from Previous Year |     |   2023 |     | 2024 |     | 2025 |     | Payout % |
| Maximum                           |     |   0.0% |     | 5.7% |     | 6.2% |     | 200%     |
| Target                            |     | (2.0)% |     | 3.2% |     | 3.2% |     | 100%     |
| Threshold                         |     | (4.0)% |     | 0.7% |     | 0.2% |     | 50%      |

The results achieved thus far for the 2023 and 2024 measures are as follows:

<div align='center'>31</div>

2023 Revenue Growth was (3.36%) and resulted in a 66.25% achievement for fiscal year-ending December 31, 2023. 2024 Revenue Growth was (3.14%), below threshold, resulting in 0% achievement for the fiscal year-ending December 31, 2024. Final payout will be determined after 2025 results are certified and averaged with