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, pretax loss is $168 million, net loss is$340 million, adjusted EBITDA is $2.4 billion, and adjusted pretax income is$165 million ● Company expects to return to positive constant-currency revenue ...