Company: AFGC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001140361-25-012231
Chunk: 63

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 63
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 four years after the grant date. Holders of restricted shares generally have full voting and dividend rights on all restricted shares during the vesting period. |

| (2) | These represent awards under the Annual Bonus Plan. These amounts, to the extent earned for 2024 and paid in 2025, are shown in the Summary Compensation Table in the column titled “Non-Equity Incentive Plan Compensation” because these awards were recognized in 2024 for financial statement reporting purposes. |

| (3) | These represent awards under the Senior Executive LTIC. Grants in 2024 cover a three-year performance period 2024-2026. One-half of the award payment is based on the Company’s growth in book value per share over the three years compared to plan companies, and one-half of the award payment is based on meeting or exceeding average annual core return on equity goals over the three-year period. Payments of awards, if any, will be made in early 2027. |

| 2025 Proxy Statement | American Financial Group59 |

TABLE OF CONTENTS Executive Compensation

Outstanding Equity Awards at Fiscal Year-End

|                        |     |            |     |        |     |    Stock Awards |     |           |     |                               |
| Name                   |     | Grant Date |     |        |     |       Number of 
 Shares or Units 
   of Stock That 
 Have Not Vested 
          (#)(1) |     |           |     |               Market Value of 
 Shares or Units of Stock That 
               Have Not Vested 
                           ($) |
| Carl H. Lindner III    |     | 2/23/2021  |     |        |     |          13,498 |     |           |     |                     1,848,281 |
| 2/22/2022              |     |            |     | 11,200 |     |                 |     | 1,533,616 |     |                               |
| 2/22/2023              |     |            |     | 11,349 |     |                 |     | 1,554,019 |     |                               |
| 2/27/2024              |     |            |     | 11,882 |     |                 |     | 1,627,002 |     |                               |
| S. Craig Lindner       |     | 2/23/2021  |     |        |     |          13,