Company: JLL
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001037976-25-000014
Chunk: 45

Company: JONES LANG LASALLE INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 45
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 compensation and the appropriate “Leadership Multiplier” (defined below under “2024 Annual Incentive Plan - The Leadership Multiplier”) for each of the other NEOs. To do this, Mr. Ulbrich:

• Reviews external market data as well as internal equity comparisons to recommend targets;

• Evaluates in his judgment the performance of each of the other NEOs based on the goals and business objectives established at the beginning of the year;

• Considers the quality of the interaction and contributions of the other NEOs as members of the GEB; and

• Compares the performance of each of the other NEOs on a relative basis, considering the different markets, geographical, and cultural dynamics and challenges of each of their respective business segments or functions.

The Compensation Committee reviews these evaluations and recommendations with Mr. Ulbrich before determining the compensation to approve.

#### Role of the Chairman of the Board of Directors
The Chairman, Mr. Mehta, gathers feedback and input from the Board of Directors on the performance of the CEO. Mr. Mehta discusses this feedback, in conjunction with the CEO’s self-assessment relative to his prior agreed-upon performance objectives, with the Compensation Committee in one or more private executive sessions without the CEO present to develop conclusions about his performance and to determine his Leadership Multiplier.

#### Internal compensation resources
JLL’s Global Human Resources staff helps prepare the information the Compensation Committee needs to carry out its oversight responsibilities, using internal compensation expertise and data from publicly available sources and professional compensation consulting firms to compile comparative market compensation data and present relevant compensation analyses.

#### Role of independent compensation consultant
The Compensation Committee has the authority to retain, as needed, independent counsel, compensation and benefits consultants, and other outside experts or advisors. In 2024, the Compensation Committee retained Exequity as its independent compensation consultant to provide advice on matters related to the compensation of the NEOs. The Compensation Committee has assessed Exequity’s independence in light of SEC rules and NYSE listing standards and has determined that Exequity is independent. Exequity does not advise management or receive any compensation from JLL other than in connection with its work for the Compensation Committee. Accordingly, the work performed by Exequity does not raise any conflicts of interest.

During 2024, the Compensation Committee requested Exequity to:

• Review and comment on the agendas and supporting materials in advance of Compensation Committee meetings;

• Review and comment on major compensation matters that management proposes, including comparative data and plan design recommendations;

• Review the