Company: KD
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022676
Chunk: 34

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 34
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s at the end of fiscal 2024 and the end of fiscal 2025. The CHC Committee determined that the increases set forth below were appropriate based on NEO performance and a review of market data.

| Name               |     |   Annual Base Salary 
 as of March 31, 2024 
                  ($) |     |   Annual Base Salary 
 as of March 31, 2025 
                  ($) |
|:-------------------|:----|---------------------:|:----|---------------------:|
| Martin Schroeter   |     |            1,100,000 |     |            1,200,000 |
| David Wyshner      |     |              825,000 |     |              866,250 |
| Elly Keinan        |     |              830,000 |     |              896,400 |
| Edward Sebold      |     |              700,000 |     |              735,000 |
| Maryjo Charbonnier |     |              650,000 |     |              682,500 |

Annual Cash Bonus

|                                                                                                                                                                                                                                 |     | LINK TO      
 COMPENSATION 
 PHILOSOPHY   |     | Annual cash bonus opportunities are intended to encourage NEOs, as well as other employees, to focus on multiple performance objectives that are key to creating stockholder value by delivering financial, operating and strategic performance that is aligned with our business strategy and stockholder interests. |
| The CHC Committee annually evaluates a broad range of financial and non-financial metrics, including metrics relating to the Company’s corporate citizenship strategy, to determine the appropriate annual bonus award metrics. |     |              |     |                                                                                                                                                                                                                                                                                                                       |

The CHC Committee determined to award the NEOs cash bonus opportunities under the Kyndryl Annual Incentive Plan for Executives for fiscal 2025. Target amounts for the cash bonus opportunities were equal to 200% of their respective base salaries for Messrs. Schroeter and Keinan and 125% of their respective base salaries for Messrs. Wyshner and Sebold and Ms. Charbonnier. Actual bonuses can range from 0% to 200% of the target award opportunity for each NEO. As part of its review and market check in May 2024, the CHC Committee determined that setting the NEOs’ target short-term cash incentives at these levels (which were unchanged as a percentage of base salary from fiscal 2024 levels) furthered the CHC