Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 69

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 69
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 Discussion and Analysis describes the Company’s executive

compensation program and the decisions that the Compensation Committee made with respect to the compensation of our named

executive officers.

Our executive compensation program is designed to enable the Company to attract, motivate, and retain key persons while, at

the same time, creating a close relationship between performance and compensation. The Company regularly reviews its

compensation program and the overall compensation package paid to each of its named executive officers, including through the

engagement of an independent compensation consultant, to assess risk and to ensure that the program is structured appropriately

in order to achieve the Company’s strategic goals.

Approval of the advisory vote on executive compensation requires the affirmative vote of a majority of the shares of common

stock cast at the Annual Meeting. Abstentions and broker non-votes will have no effect on this proposal.

**Recommendation of the Board of Directors**

The Board of Directors unanimously recommends that the Company’s stockholders vote FOR the approval, on an advisory

basis, of the compensation paid to our named executive officers, as disclosed in this Proxy Statement, pursuant to Item 402 of

Regulation S-K.

**50

PROPOSAL 3: RATIFICATION OF THE

SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

The Audit Committee of the Board of Directors has selected PwC as the Company’s independent registered public accounting

firm for the current fiscal year, subject to ratification by the Company’s stockholders at the Annual Meeting. PwC has acted as the

Company’s independent registered public accounting firm since the Company’s inception. The Company has been advised by PwC

that it is a registered public accounting firm with the Public Company Accounting Oversight Board (the “PCAOB”) and complies with

the auditing, quality control, and independence standards and rules of the PCAOB and the SEC. A representative of PwC is

expected to be present at the Annual Meeting to respond to appropriate questions and to make a statement if they so desire.

Although stockholder ratification of the selection of PwC is not required, the Board of Directors is nevertheless submitting the

selection of PwC to the stockholders for ratification. Should the selection not be ratified by the stockholders, the Audit Committee

will reconsider the matter. Even in the event the selection of PwC is ratified, the Audit Committee, in its discretion, may direct the

appointment of a different independent registered public accounting firm at any time during the year if it