Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Kenneth S. Wilson On May 18, 2024, Kenneth S. Wilson ceased to serve as Chief Executive Officer and Director of Jabil Inc. (“Jabil”) following the completion of the previously announced internal investigation related to corporate policies. This investigation did not relate to, and does not impact, Jabil’s financial statements or financial reporting. Concurrent with Mr. Wilson’s departure from the Board of Directors (the “Board”), the size of the Board was reduced to nine directors. Mr. Wilson entered into a Separation, Release and Restrictive Covenants Agreement with Jabil dated May 18, 2024 (the “Wilson Agreement”). The Wilson Agreement includes a general release of claims from Mr. Wilson and further provides that Mr. Wilson will be subject to (i) two-year noncompete, non-interference and non-solicitation provisions, (ii) an ongoing obligation to cooperate and make himself reasonably available to Jabil, (iii) non-disparagement, confidentiality and nondisclosure requirements and (iv) a requirement to assist Jabil in the event of certain legal proceedings (the “Ongoing Obligations”). In consideration for the general release of claims and the Ongoing Obligations, Mr. Wilson will (a) receive a payment of $2,000,000, less applicable taxes and withholdings, payable in eight equal quarterly installments of $250,000 and (b) retain his long-term incentive awards vesting in 2024, which will vest in accordance with their terms (the “Retained Unvested LTI Awards”). Cash payable or paid to Mr. Wilson under the Wilson Agreement, the Retained Unvested LTI Awards, and the cash value of any Retained Unvested LTI Award that has subsequently vested are subject to forfeiture and claw back in the event (1) of a violation or threatened violation of the confidentiality, non-disparagement, non-compete, non-solicitation, or non-interference provisions or (2) that Jabil later discovers new information that would have resulted in termination for Cause, as defined in the Wilson Agreement. The foregoing summary is qualified in its entirety by reference to the Wilson Agreement, which is attached as