Company: RILYN
Filing Date: 2025-10-22
Form Type: DEF 14A
Source: 0001213900-25-101228
Chunk: 57

Company: B. Riley Financial, Inc.
Filing Date: 2025-10-22
Form: DEF 14A
Chunk 57
---
 Company, but continues to serve as the Co -ChiefExecutive Officer of B. Riley Securities, Inc. effective as of September 18, 2025. Risks Related to Compensation Policies and Practices The Compensation Committee has considered and regularly monitors whether our overall employee compensation program creates incentives for employees to take excessive or unreasonable risks that could materially harm our business. Although risk -takingis a necessary part of building any business, the Compensation Committee focuses on aligning our compensation policies with the long -terminterests of the Company and its stockholders and avoiding short -termrewards for management or other employee decisions that could pose long -termrisks to the Company. We believe that several features of our compensation policies for management -levelemployees appropriately mitigate these risks, including a mix of long- and short -termcompensation incentives that we believe is properly weighted for a company of our size, in our industry and with our stage of growth, and the uniformity of compensation policies and objectives across our employees. We also believe our internal legal and financial controls appropriately mitigate the probability and potential impact of an individual employee committing us to a harmful long -termbusiness transaction in exchange for short -termcompensation benefits. CEO Pay Ratio As required by Section 953(b) of the Dodd -FrankWall Street Reform and Consumer Protection Act, we are providing disclosure regarding the ratio of annual total compensation of Mr. Riley and Mr. Kelleher, our Co -CEOs, to that of our median employee. Our median employee earned $89,019 in total compensation for 2024. Based upon the total 2024 compensation reported for each of Mr. Riley and Mr. Kelleher of $2,168,622, as reported under each CEO’s “Total” in the Summary Compensation Table, our ratio of Co -CEOpay to median employee pay was 24:1. Our median employee is employed in our B. Riley Wealth Management subsidiary.

37

Calculation Methodology To identify our median employee, we identified our total employee population worldwide as of December 31, 2024, excluding our Co -CEOs, in accordance with SEC rules. On December 31, 2024, 81% of our employee population was located in the U.S., with 19% in non -U.S. locations. We collected full -year2024 actual gross earnings data for the December 31, 2024 employee population, including cash -basedcompensation and equity -basedcompensation that was realized in