Company: AFGC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001140361-25-012231
Chunk: 70

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 70
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 total 2023 wages, tips, and other compensation from 2023 year-end tax reporting data. For amounts paid in foreign currencies, AFG converted 2023 wages based on the conversion rate on the last business day of 2023. |

| 642025 Proxy Statement | American Financial Group |

TABLE OF CONTENTS Executive Compensation

| • | AFG calculated the median employee’s 2024 total compensation using the same methodology as used to determine the Co-CEOs total compensation as set forth in the Summary Compensation Table on page57of this proxy statement. |

| • | With respect to the 2024 total compensation of each Co-CEO, the Company used the amount reported in the “Total” column of the Summary Compensation Table. |

The 2024 total compensation for the median employee (other than the Co-CEOs) was $99,192, and the 2024 total compensation of each Co-CEO is set forth under “Total Compensation” in the Summary Compensation Table. Based on this information, the ratios of 2024 total compensation of each Co-CEO to the 2024 total compensation of the median employee were 117 to 1.

| 2025 Proxy Statement | American Financial Group65 |

TABLE OF CONTENTS Executive Compensation

PAY VERSUS PERFORMANCE As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, the following table reports the compensation of our Principal Executive Officer (PEO), and the average compensation of our other Named Executive Officers (Other NEOs) as reported in the Summary Compensation Table for the past three fiscal years, as well as their “compensation actually paid” as calculated pursuant to SEC rules and certain performance measures required by such rules.

| Year                |     | Summary Compensation Table Total Compensation for PEO 
                                                ($)(1) |     |                     |     | Compensation Actually Paid to PEO ($)(2) |     |                          |     | Average Summary Compensation Table Total Compensation for Other NEOs 
                                                               ($)(3) |     | Average Compensation Actually Paid to Other NEOs 
                                           ($)(2) |     | Value of Initial Fixed $100 Investment Based On: |     |        |     |        Net 
  Income(5) 
 (millions) 
        ($) |     |  Core 
   EPS 
   ($) |
| Carl H. Lindner III |     |                                      S. Craig Lindner |     | Carl H. Lind