Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 64

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 64
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 and Committee fees earned by independent directors in fiscal year 2024. Amounts shown in the table are not reduced to reflect each of Lady Alvingham’s, Ms. Palandjian’s, Mr. Ryan’s, and Mr. Starr’s election to defer receipt of such director’s cash service fees under the Deferred Compensation Plan. Under the Deferred Compensation Plan, an independent director may elect to defer all or part of the cash we would otherwise pay such director, with such deferred amounts credited to an AMG stock tracking fund and delivered in shares of the Company’s common stock. All amounts deferred under the Deferred Compensation Plan are only distributable upon termination of the director’s Board service. Ms. Atkinson did not stand for re-election at the 2024 Annual Meeting, and her annual Board and Committee fees reflect partial service during the year. Ms. Franqui was elected to the Board of Directors at the 2024 Annual Meeting, and her annual Board fees were prorated accordingly. (2) Represents the aggregate grant date fair value (computed in accordance with FASB ASC Topic 718) of restricted stock unit awards granted to independent directors in 2024. On February 5, 2024 and July 29, 2024, the Company granted restricted stock unit awards with grant date fair values of $100,109 and $100,042, respectively, to each independent director then serving on the Board of Directors, except that Ms. Franqui solely received a restricted stock unit award on July 29, 2024 with a grant date fair value of $122,110, which was prorated for her service in 2024. On February 5, 2024 and July 29, 2024, the Company also granted Mr. Jeffery, who served as Board Chair in 2024, additional restricted stock unit awards with grant date fair values of $41,738 and $50,021, respectively, representing the annual Board Chair fee, prorated for his service as Board Chair in 2024. On February 5, 2024, the Company also granted Mr. Churchill an additional restricted stock unit award with a grant date fair value of $8,473, representing the annual Board Chair fee, prorated for his service as Board Chair in January 2024. Restricted stock unit awards granted in 2024 vest in full over a one-year period ending on March 5, 2025 and August 15, 2025, respectively, subject to continued