Company: BK-PK
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-046216
Chunk: 57

Company: Bank of New York Mellon Corp
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 57
---
– derived from a set of financial metrics (weighted 70%) and non-financial goals (weighted 30%). The corporate component is capped at 150%•Individual modifiers– enable differentiation based on individual performance and, if appropriate, business unit performance. The individual modifier is capped at 150%• Earnout for PSUs is based on (1) average company Adjusted ROTCE (weighted 70%) and (2) relative TSR (weighted 30%) over a three-year performance period, which further links incentives with future performance and stockholder interests. Overall PSU earnout is capped at 150% of the number of PSUs granted, excluding the impact of stock price performance and dividendsComprehensive riskassessment• The HRC Committee annually assesses compensation plans with the company’s Chief Risk Officer to verify that they are well-balanced and do not encourage imprudent risk-taking• The HRC Committee’s incentive compensation determinations include an individual risk assessment for each Executive Committee member to connect compensation with appropriate levels of risk-taking• NEO cash and equity awards are subject to broad clawback and forfeiture policies, based on ongoing risk assessments under our comprehensive recoupment policies (which apply in addition to, and supplement, the company’s clawback policy, which was adopted in accordance with SEC and NYSE requirements)Promote long-term stockownership• PSUs cliff vest after the end of the three-year performance period, and RSUs vest in equal annual installments over three years• Robust policies prohibit hedging and pledging of company stock and derivative securities• Meaningful stock ownership guidelines:• CEO must acquire and retain company stock equal to seven times base salary within five years and must also retain 50% of net after-tax shares received from the equity awards that were granted to him as CEO until age 60• Other NEOs must acquire and retain company stock equal to four times base salary within five years• NEOs must retain 75% of net shares received from equity-based compensation awards, during the five-year period to come into compliance with the stock ownership guidelines, and if they are out of compliance at any time thereafter, must retain 100% of net shares received from their equity-based compensation awards until they return to complianceBNY 2025 PROXY STATEMENT 51

## ITEM 2. ADVISORY VOTE ON COMPENSATIONCompensation Discussion & AnalysisExecutive Pay Practice HighlightsThe HRC Committee takes a