Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 371

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 371
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 CFO at any time during the year, (2) the three highest paid NEOs (other than the CEO and CFO) employed by us at any time during the year, and (3) any individual who was a CEO, CFO, or one of the top three highest paid NEOs after 2016 and who is receiving Freddie Mac compensation.

Compensation and Human Capital Committee Report

The CHC Committee has reviewed and discussed the CD&A with management and, based on such review and discussion, has recommended to the Board of Directors that the CD&A be included in this Form 10-K.

This report is respectfully submitted by the members of the CHC Committee.

Kevin G. Chavers, ChairMark H. BloomChristopher E. HerbertGrace A. HuebscherRoy Swan

FREDDIE MAC  |  2024 Form 10-K251

Executive CompensationCompensation and Risk

COMPENSATION AND RISK

Our management conducted an assessment of our compensation policies and practices that apply to employees at all levels, including those participating in the EMCP. The assessment took into account: 

n    The types of compensation offered (including fixed, variable/incentive, and deferred);

n    Eligibility for participation in compensation programs;

n    Compensation program design and governance;

n    The process for establishing performance objectives; 

n    Processes and program approvals for our compensation programs; and

n     A risk assessment provided by the CHC Committee’s independent compensation consultant.

The assessment and risk performance was discussed with the CHC Committee in January 2025. Management's conclusion, with which the CHC Committee concurred, is that the company's compensation programs and practices do not encourage unnecessary or excessive risk behaviors in pursuit of Corporate or Conservatorship Scorecard objectives or otherwise, and that nothing in the executive pay program is likely to create material risk for the company. 

FREDDIE MAC  |  2024 Form 10-K252

Executive CompensationCEO Pay Ratio

CEO PAY RATIO 

SEC rules require annual disclosure of the ratio of a company's CEO's total annual compensation to that of its median employee. For 2024, we used the 2024 median employee who we identified as of December 31, 2024, using payroll data as reported on Form W-2, Box 5. Except as noted below, we calculated that employee's total annual compensation for 2024 using the same method required for calculating total annual compensation for our CEO