Kyndryl Holdings, Inc. — fact timeline

Andrew Bonzani was appointed as General Counsel and Secretary at Kyndryl Holdings, Inc..

“Additionally, on July 1, 2026, the Board appointed Andrew Bonzani as General Counsel and Secretary of the Company, effective immediately.”

Ellen Johnson was appointed as Chief Financial Officer at Kyndryl Holdings, Inc..

“On July 1, 2026, the Board of Directors (the “Board”) of Kyndryl Holdings, Inc. (the “Company”) appointed Ellen Johnson as Chief Financial Officer of the Company, effective the day after the Company files its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 (the “Effective Date”).”

Kyndryl Holdings, Inc. reported financial results for the quarter and year ended March 31, 2026.

“On May 6, 2026, Kyndryl Holdings, Inc. (the “Company”) issued a press release announcing the results of the Company’s operations for the quarter and year ended March 31, 2026.”

Kyndryl Holdings, Inc. announced a restructuring with charges of approximately $200 million.

“The Company estimates that it will incur workforce rebalancing charges of approximately $200 million, primarily consisting of future cash expenditures for severance and related benefits.”

Kyndryl Holdings, Inc. amended revolving credit of $3.15 billion with JPMorgan Chase Bank, N.A., as Administrative Agent and the lenders in this Amended Agreement maturing March 14, 2030.

“mong JPMorgan Chase Bank, N.A., as Administrative Agent and the lenders in this Amended Agreement (the “Revolving Lenders”),”

Kyndryl Holdings, Inc. updated its fiscal year 2025 guidance (reaffirmed).

“Kyndryl is providing the following outlook for its fiscal year 2025”

Kyndryl Holdings, Inc. reported for the fiscal year ended March 31, 2024 results: revenue $16.1 billion, net income $340 million, or ($1.48) per diluted share, EPS ($1.48) per diluted share.

“For the fiscal year ended March 31, 2024, Kyndryl reported revenues of $16.1 billion”

Kyndryl Holdings, Inc. reported for the quarter ended March 31, 2024, the fourth quarter of its 2024 fiscal year results: revenue $3.8 billion, net income $45 million, or ($0.20) per diluted share, EPS ($0.20) per diluted share.

“a filing. ​ --- EX-99.1 (EX-99.1) --- ​ ​ ​ Exhibit 99.1 ​ ​ KYNDRYL REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS ● Revenues for the quarter ended March 31, 2024 total $3.8 billion, pretax loss is $4 million, net loss is $45 million, adjusted EBITDA is $566 million, and adjusted pretax income is $30 million ● Fiscal year 2024 revenues total $16.1 billion,”

Kyndryl Holdings, Inc. reported the third fiscal quarter ended December 31, 2023 results: revenue $3.9 billion, net income $12 million, EPS ($0.05) per diluted share. Guidance raised.

“​ ​ Exhibit 99.1 ​ ​ KYNDRYL REPORTS THIRD QUARTER FISCAL 2024 RESULTS AND RAISES ITS FULL-YEAR OUTLOOK Strong execution on ‘three-A’s’ strategy drives earnings growth ● Revenues for the quarter ended December 31, 2023 total $3.9 billion, pretax income is $53 million, and net loss is $12 million ● Adjusted EBITDA is $615 million, and adjusted pretax income is $63 million ● Raises full-year adjusted earnings outlook NEW YORK, February 6, 2024 — Kyndryl Holdings, Inc.”

Kyndryl Holdings, Inc. updated its second fiscal quarter ended September 30, 2023 guidance (raised).

“On November 7, 2023, Kyndryl Holdings, Inc. (the “Company”) issued a press release announcing the results of the Company’s operations for the second fiscal quarter ended September 30, 2023.”

Kyndryl Holdings, Inc. updated its fiscal year 2024 guidance (raised).

“Kyndryl is raising its fiscal 2024 adjusted EBITDA margin outlook to approximately 14% from its prior projection of 12% – 13%, and now expects its fiscal 2024 adjusted pretax income to be at least $100 million.”

Kyndryl Holdings, Inc. reported the first fiscal quarter ended June 30, 2023 results: revenue $4.2 billion, net income net loss of $141 million, EPS ($0.62) per diluted share.

“For the first quarter, Kyndryl reported revenues of $4.2 billion, a year-over-year decline of 2% and 1% in constant currency. The Company reported a pretax loss of $109 million and a net loss of $141 million, or ($0.62) per diluted share, in the quarter”

Kyndryl Holdings, Inc. shareholders approved Ratification of the Appointment of the Independent Registered Public Accounting Firm at the 2023-07-27 meeting.

“Proposal 4—Ratification of the Appointment of the Independent Registered Public Accounting Firm 99% of the votes present and entitled to vote ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024: Votes For Votes Against Abstentions Broker Non-Votes 181,703,319 811,632 369,237 0”

Kyndryl Holdings, Inc. shareholders approved Approval of Amendment and Restatement of the Amended and Restated Kyndryl 2021 Long-Term Performance Plan at the 2023-07-27 meeting.

“Proposal 3—Approval of Amendment and Restatement of the Amended and Restated Kyndryl 2021 Long-Term Performance Plan (“Amended Plan”) 93% of the votes present and entitled to vote approved the amendment and restatement of the Amended and Restated Kyndryl 2021 Long-Term Performance Plan Votes For Votes Against Abstentions Broker Non-Votes 133,206,210 9,345,158 653,551 39,679,269”

Kyndryl Holdings, Inc. shareholders approved Advisory Vote to Approve Executive Compensation at the 2023-07-27 meeting.

“Proposal 2—Advisory Vote to Approve Executive Compensation 88% of the votes present and entitled to vote approved the compensation of the Company’s named executive officers: Votes For Votes Against Abstentions Broker Non-Votes 126,290,024 16,242,130 672,765 39,679,269”

Kyndryl Holdings, Inc. shareholders approved Election of Directors at the 2023-07-27 meeting.

“Proposal 1—Election of Directors Each director nominee received the support of at least 97% of the votes cast: Name Votes For Votes Against Abstentions Broker Non-Votes John D. Harris II 139,188,743 3,722,905 293,271 39,679,269 Jana Schreuder 140,331,843 2,592,852 280,224 39,679,269 Howard I. Ungerleider 140,685,278 2,224,861 294,780 39,679,269”

Kyndryl Holdings, Inc. amended Term Loan Credit Agreement Amendment No. 1 with JPMorgan Chase Bank, N.A. valued at Replaced LIBOR with SOFR as the interest rate benchmark for US Dollar borrowings; other terms unchan (effective 2023-06-21).

“On June 21, 2023, Kyndryl Holdings, Inc. (the “Company”) (i) entered into Amendment No. 1 (the “Revolver Amendment”) to the Five-Year Revolving Credit Agreement dated as of October 18, 2021 (the “Revolving Credit Agreement”) with the several banks and other financial institutions from time to time party thereto (the “Revolving Lenders”) and JPMorgan Chase Bank, N.A., as Administrative Agent and (ii) entered into Amendment No. 1 (the “Term Amendment” and, together with the Revolver Amendment, the “Amendments”) to the Term Loan Credit Agreement dated as of October 18, 2021 (the “Term Loan Credit Agreement” and, together with the Revolving Credit Agreement, the “Credit Agreements”) with the several banks and other financial institutions from time to time party thereto (the “Term Loan Lenders” and, together with the Revolving Lenders, the “Lenders”) and JPMorgan Chase Bank, N.A., as Administrative Agent.”

Kyndryl Holdings, Inc. amended Five-Year Revolving Credit Agreement Amendment No. 1 with JPMorgan Chase Bank, N.A. valued at Replaced LIBOR with SOFR as the interest rate benchmark for US Dollar borrowings; other terms unchan (effective 2023-06-21).

“On June 21, 2023, Kyndryl Holdings, Inc. (the “Company”) (i) entered into Amendment No. 1 (the “Revolver Amendment”) to the Five-Year Revolving Credit Agreement dated as of October 18, 2021 (the “Revolving Credit Agreement”) with the several banks and other financial institutions from time to time party thereto (the “Revolving Lenders”) and JPMorgan Chase Bank, N.A., as Administrative Agent and (ii) entered into Amendment No. 1 (the “Term Amendment” and, together with the Revolver Amendment, the “Amendments”) to the Term Loan Credit Agreement dated as of October 18, 2021 (the “Term Loan Credit Agreement” and, together with the Revolving Credit Agreement, the “Credit Agreements”) with the several banks and other financial institutions from time to time party thereto (the “Term Loan Lenders” and, together with the Revolving Lenders, the “Lenders”) and JPMorgan Chase Bank, N.A., as Administrative Agent.”

Kyndryl Holdings, Inc. reported fiscal year 2024 (April 2023 to March 2024) results: revenue $16.0 to $16.4 billion. Guidance initiated.

“Kyndryl is providing the following outlook for its fiscal year 2024, which runs from April 2023 to March 2024: ● Revenue growth of (6%) to (8%) in constant currency compared to revenue of $17.0 billion in fiscal 2023, with most of the decline due to accelerated actions by Kyndryl to reduce certain low-margin revenue streams. Based on recent exchange rates, the Company’s outlook implies fiscal 2024 revenue of $16.0 to $16.4 billion.”

Kyndryl Holdings, Inc. reported fiscal year ended March 31, 2023 results: revenue $17.0 billion, net income net loss of $1.4 billion.

“For the fiscal year ended March 31, 2023, Kyndryl reported revenues of $17.0 billion, a decline of 7%, or unchanged in constant currency, compared to the year ended March 31, 2022. The Company reported a pretax loss of $851 million in fiscal year 2023, which included transaction-related costs, workforce rebalancing charges and lease-exit costs, as discussed below. The Company had a net loss of $1.4 billion and net margin of (8.1%) for the year, compared to a net loss of $2.0 billion in the year ended March 31, 2022.”

Kyndryl Holdings, Inc. reported quarter ended March 31, 2023 results: revenue $4.3 billion, net income net loss of $737 million, EPS $(3.24) per diluted share.

“For the fourth quarter, Kyndryl reported revenues of $4.3 billion, a year-over-year decline of 4% and a 1% increase in constant currency. The Company reported a pretax loss of $288 million and a net loss of $737 million, or $(3.24) per diluted share, in the quarter, compared to a net loss of $229 million in the prior-year period.”

Kyndryl Holdings, Inc. reported third fiscal quarter ended December 31, 2022 results: revenue $4.3 billion, net income $106 million loss, EPS $0.47 per diluted share loss. Guidance reaffirmed.

“For the third quarter, Kyndryl reported revenues of $4.3 billion, a year-over-year decline of 6% and a 3% increase in constant currency. Compared to prior-year pro forma revenues, revenues declined 6% and increased 2% in constant currency. The Company reported a pretax loss of $138 million and a net loss of $106 million , or $0.47 per diluted share, in the quarter, compared to a net loss of $731 million in the prior-year period.”

Kyndryl Holdings, Inc.: Amended and Restated Bylaws adopted effective January 25, 2023, updating adjournment procedures, stockholder list requirements, proxy card color, advance notice deadlines for stockholder proposals and director nominations, and procedural requirements for Rule 14a-19 compliance (effective 2023-01-25).

“On January 25, 2023, the Board of Directors of Kyndryl Holdings, Inc. (the “Company”) approved and adopted Amended and Restated Bylaws (as so amended and restated, the “Amended Bylaws”) effective as of such date.”

Kyndryl Holdings, Inc. reported the second fiscal quarter ended September 30, 2022 results: revenue $4.2 billion, net income $281 million, EPS $1.24 per diluted share.

“For the second quarter, Kyndryl reported revenues of $4.2 billion, a year-over-year decline of 9%, or growth of 1% in constant currency. Compared to prior-year pro forma revenues, revenues declined 8%, but increased 2% in constant currency. The Company reported a pretax loss of $219 million and a net loss of $281 million, or $1.24 per diluted share, in the quarter”

David Wyshner was appointed as Chief Financial Officer and Treasurer at Kyndryl Holdings, Inc..

“As previously reported in the Information Statement, effective on November 3, 2021, the following persons were appointed as executive officers of the Company serving in the offices of the Company set forth beside each person’s name:”

Edward Sebold was appointed as General Counsel and Secretary at Kyndryl Holdings, Inc..

“As previously reported in the Information Statement, effective on November 3, 2021, the following persons were appointed as executive officers of the Company serving in the offices of the Company set forth beside each person’s name:”

Martin Schroeter was appointed as Chief Executive Officer at Kyndryl Holdings, Inc..

“As previously reported in the Information Statement, effective on November 3, 2021, the following persons were appointed as executive officers of the Company serving in the offices of the Company set forth beside each person’s name:”

Vineet Khurana was appointed as Vice President and Controller at Kyndryl Holdings, Inc..

“As previously reported in the Information Statement, effective on November 3, 2021, the following persons were appointed as executive officers of the Company serving in the offices of the Company set forth beside each person’s name:”

Elly Keinan was appointed as Group President at Kyndryl Holdings, Inc..

“As previously reported in the Information Statement, effective on November 3, 2021, the following persons were appointed as executive officers of the Company serving in the offices of the Company set forth beside each person’s name:”

Maryjo Charbonnier was appointed as Chief Human Resources Officer at Kyndryl Holdings, Inc..

“As previously reported in the Information Statement, effective on November 3, 2021, the following persons were appointed as executive officers of the Company serving in the offices of the Company set forth beside each person’s name:”

Howard I. Ungerleider was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

Martin Schroeter was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

Jana Schreuder was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

Rahul N. Merchant was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

Denis Machuel was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

Janina Kugel was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

Shirley Ann Jackson was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

Stephen A. M. Hester was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

John D. Harris II was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”

Dominic J. Caruso was appointed as Director at Kyndryl Holdings, Inc..

“on or prior to November 3, 2021, the persons set forth in the table below assumed their positions as directors on the Company’s Board of Directors (our “Board”).”