Company: CNDT
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001677703-25-000062
Chunk: 72

Company: CONDUENT Inc
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 72
---
 |   |
| Adjustments:                                                  |     |                       |       |   |
| Restructuring and related costs                               |     |                       |    46 |   |
| Goodwill impairment                                           |     |                       |    28 |   |
| (Gain) loss on divestitures and transaction costs, net        |     |                       |  -696 |   |
| Litigation settlements (recoveries), net                      |     |                       |     9 |   |
| Loss on extinguishment of debt                                |     |                       |     8 |   |
| Abandonment of internal project                               |     |                       |     — |   |
| Other charges (credits)                                       |     |                       |    -9 |   |
| Reported Adjusted EBITDA                                      |     | $                     |   124 |   |
| Divestitures 2024 Budget(2)                                   |     |                       |   174 |   |
| Adjusted EBITDA for APIP                                      |     |                       |   298 |   |
| Adjusted EBITDA Margin for APIP                               |     |                       |  8.27 | % |

____________________

(1) Divestiture Revenue and EBITDA recorded in 2024 through the dates of the sale

(2) Divestiture 2024 Full Year Budget as approved by the Compensation Committee

<div align='center'>47</div>

### PAY VERSUS PERFORMANCE DISCLOSURE
Provided below is the Company’s “pay versus performance” disclosure as required pursuant to Item 402(v) of Regulation S-K promulgated under the Exchange Act. As required by Item 402(v), we have included:

a. A list of the most important measures that our Compensation Committee used in 2024 to link compensation calculated in accordance with Item 402(v) (referred to as “ compensation actually paid ,” or “ CAP ”) to Company performance;

b. A table that compares the total compensation of our named executive officers (“ NEOs ”) as presented in the Summary Compensation Table (“ SCT ”) to CAP and that compares CAP to specified performance measures; and

c. Graphs that describe:

i. the relationship between our total shareholder return (“ TSR ”) and the TSR of the S&P 1500 Data Processing & Outsource Services Index (“ Peer Group TSR ”); and

ii. the relationships between CAP and our cumulative TSR, and our Company- Selected measure (“ CSM ”