Company: KD
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022676
Chunk: 51

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 51
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 guidelines and non-employee directors are as follows:

| Position                                |     | Stock Ownership Requirement            |     | Compliance Period |
| CEO                                     |     | 6 timesbase salary                     |     | Within 5 years    
 of first          
 becoming          
 subject to the    
 guidelines        |
| NEOs (other than CEO)                   |     | 3 timesbase salary                     |     |                   |
| Next layers of management, generally    
 encompassing our top non-NEO executives |     | 1 or 2 timesbase salary,               
 depending on level within organization |     |                   |
| Non-employee directors                  |     | 5 timesannual cash retainer            |     |                   |

Until the stock ownership guidelines are achieved, our executive officers and non-employee directors are required to retain 100% of any Company stock received as part of their compensation other than amounts required to pay taxes and exercise prices, and other executives are required to retain 100% of shares from awards granted on December 16, 2021 and at least 50% of any Company stock received as part of their annual compensation and at hire, if applicable. In each case, these holding requirements are net of amounts required to pay taxes and exercise prices. For purposes of determining compliance with the stock ownership guidelines, the following are included:

| • | Shares held directly by the covered person |

| • | Shares held by members of the covered person’s household |

| • | Deferred stock units, so long as not forfeitable |

| • | Unvested restricted stock or RSU awards |

Unexercised stock options and unvested PSUs are excluded for purposes of determining compliance with the stock ownership guidelines.

| 54|KYNDRYL2025 PROXY STATEMENT |

TABLE OF CONTENTS

Once a person subject to the stock ownership guidelines has acquired a number of shares with a value that satisfies the applicable ownership multiple, they will be deemed to satisfy the requirements (even if the fair market value of such shares subsequently changes) unless and until the ownership target increases due to an increase in base salary or annual retainer or such individual sells any such holdings. In the event of an increase in base salary or annual retainer, a covered individual is expected to meet the new applicable ownership target within the later of the original five-year deadline or three years following such increase. All of our NEOs and non-employee directors have met their ownership requirements under the stock ownership guidelines. Clawback Policies To protect Company and stockholder interests in