Company: BK-PK
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-046216
Chunk: 3

Company: Bank of New York Mellon Corp
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 3
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 or her resignation upon certification of the vote   • No supermajority voting: Stockholder actions require only a majority of votes cast (not a majority of shares present and entitled to vote)   • No “poison pill” (stockholders’ rights plan) |     | • Independent board comprised solely of independent directors, other than our CEO, who meet in regular executive sessions without management   • Strong independent board leadership: The roles of Chair and CEO currently are separate; if combined in the future, an independent lead director (“Lead Director”) will be appointed by the independent directors   • Our independent Chair (or if there is not an independent Chair, the Lead Director), has the authority to call a special meeting of the independent directors   • Board succession and refreshment, led by the CGNSR Committee. Six of the directors nominated for election at the 2025 Annual Meeting have been added to the Board in the last five years   • High rate of attendance at Board and committee meetings, with average 2024 attendance among directors of approximately 95%   • To enhance alignment of director and stockholder interests, a substantial portion of director compensation is paid in equity, all of which is required to be retained until retirement   • Board and committees have access to independent legal, financial and other advisors   • Independent directors have unlimited access to company officers and employees   • Committee reports on each committee’s activities are prepared and provided to the Board at each regular Board meeting to help ensure oversight and accountability |     | • Board oversight is a critical component of our risk-aware culture. We seek to protect against excessive risk-taking through multiple lines of defense   • Our codes of conduct, which apply to all employees and directors, are rooted in our strategic pillars and principles; promote honesty and accountability; and provide a framework for ethical conduct   • Robust anti-hedging and anti-pledging policies prohibit executive officers and directors from engaging in hedging or pledging transactions with respect to company securities   • Innovative and evolving education and talent development is made available at all levels. Our Board supports robust director orientation and continuing education programs for directors, including “in-boardroom” education sessions tailored to our business and directors   • Committed to a robust corporate governance framework, consistent with best practices for the industry   • Comprehensive Enterprise Sustainability strategy that includes active reporting by the company and oversight