Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 26

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 26
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| •Board leadership:Provides leadership to the Board and to theindependent directors, including in executive sessions                           |     | •Board discussion items:Coordinates the agenda for and chairsBoard meetings; works with the CEO and the committee Chairs topropose major discussion items for the Board’s approval                      |
| •Liaison between CEO and independent directors:Regularlymeets with the CEO and serves as liaison between the CEO andthe independent directors |     | •Board governance processes:In coordination with theNominating and Governance Committee, guides the Board’sgovernance processes, including identifying and resolving anypotential conflicts of interest |
| •Executive sessions:Leads quarterly executive sessions of theBoard                                                                            |     | •CEO evaluation:Leads the annual performance evaluation of theCEO                                                                                                                                       |
| •Additional executive sessions:May call additional meetings ofthe independent directors as needed                                             |     | •Stockholder communications:Participates in directcommunications with AMG’s stockholders                                                                                                                |

The Board of Directors will continue to review its leadership structure, and may change its structure in the future if it believes that doing so would be in the best interests of the Company and its stockholders. Risk Oversight: It is a key responsibility of our President and Chief Executive Officer, our Chief Operating Officer, our Chief Financial Officer, our General Counsel, and other members of our senior management team to identify, assess, and manage the Company’s risk exposures. The Board of Directors plays an important role in overseeing management’s performance of these functions. The Board of Directors has approved the charter of the Audit Committee, which provides that one of the primary responsibilities of the Audit Committee is the discussion of the Company’s financial risks and steps management has taken to monitor and control such risks, including with respect to risk assessment and risk management policies. The Audit Committee regularly discusses with management and the Company’s independent auditors the Company’s risk assessment and risk management processes, including major risk exposures, risk mitigants, and the design and effectiveness of the Company’s processes and controls to prevent and detect fraudulent activity. Furthermore, the Audit Committee and the Board of Directors as a whole receive regular reports from management, the internal audit function, and our independent auditors on prevailing material risks and the actions being taken to mitigate them, including reports regarding the Company’s business and operations. Management also reports to the Audit Committee and the Board of Directors regarding enhancements made to our risk management processes and controls in light of evolving market, business, regulatory, and other conditions, including those related to sustainability factors