2022 Long Term Incentive Compensation Award Agreement Sample Contracts

for the Senior Leadership Team under the Waste Management, Inc. 2014 Stock Incentive Plan
2022 Long Term Incentive Compensation Award Agreement • March 7th, 2022 • Waste Management Inc • Refuse systems • Texas

This Award Agreement (this “Agreement”) is entered into effective as of March 1, 2022 (the “Grant Date”), by and between Waste Management, Inc., a Delaware corporation (the “Company”) (together with its Subsidiaries and Affiliates, “WM”), and you (“Employee”). At all times, the Awards under this Agreement are subject to the terms and conditions of the Waste Management, Inc. 2014 Stock Incentive Plan (the “Plan”), this Agreement, and all applicable administrative interpretations and practices. A copy of the Plan is available online at http://visor.wm.com under the Legal tab. Once there, scroll to the bottom of the Legal page, then choose Documents, Stock Incentive Plan and choose “2014 Stock Incentive Plan.” A description of the Plan appears on the same page under “2014 Stock Incentive Plan Prospectus” (the “Prospectus”). Please also see the Company’s Form 10-K included in its most recent Annual Report, available on the Investor Relations page of www.wm.com under Financial Reporting – A

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