14 unchanged sentences
S&P 600 Information Technology Index 100.00 126.85 98.48 119.11 118.14 140.68
−Removed: _____________
+Added: Russell 2000 Index 100.00 114.82 91.35 106.82 119.14 134.40
+Added: S&P Technology Hardware Select Industry Index 100.00 116.70 79.22 113.31 154.64 196.79
Standard & Poor's Investment Services
−Removed: (1) Graph assumes $100 invested on December 31, 2019 in Xerox Holdings, S&P 600 Index and the S&P 600 Information Technology Index, respectively, and assumes dividends are reinvested.
+Added: (1) Graph assumes $100 invested on December 31, 2020 in Xerox Holdings, the S&P 600 Index, the S&P 600 Information Technology Index, the Russell 2000 Index and the S&P Technology Hardware Select Industry Index, respectively, and assumes dividends are reinvested.
+Added: (2) Beginning with the 2025 Annual Report on Form 10-K, the Company changed its benchmark indexes to the Russell 2000 Index and the S&P Technology Hardware Select Industry Index, from the S&P 600 Index and the S&P 600 Information Technology Index, as the Company became part of the S&P Technology Hardware Select Industry Index during the year ended December 31, 2025.
+Added: The Company believes that the S&P Technology Hardware Select Industry Index is more representative of the Company's market capitalization and peer group.
+Added: Data for the S&P 600 Indexes are provided for comparison purposes only as we transition to the use of the S&P Technology Hardware Select Industry Index.
Xerox 2025 Annual Report 30
−Removed: Table of Contents Legal Sign-off 2.24.25
+Added: Table of Conten t s
Sales Of Unregistered Securities During the Quarter Ended December 31, 2025
14 unchanged sentences
(2) Exclusive of fees and expenses.
+Added: Refer to Note 23 - Stock-Based Compensation in the Consolidated Financial Statements for additional information regarding our stock compensation programs.
Information pertaining to Item 6 is not presented in accordance with amendments to Item 301 of Regulation S-K.
Xerox 2025 Annual Report 31
−Removed: Table of Contents Legal Sign-off 2.24.25
+Added: Table of Conten t s
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.