Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 22

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 22
---
 •Business and leadership experience, including experiencemanaging and growing organizations worldwide                                                          |     | •Knowledge of the financial services industry and, in particular, theasset management industry              |
| •Demonstrated experience with prudent and strategic capitalallocation, as we seek to deploy resources to the areas of highestgrowth and return in our business |     | •Understanding of organizations, processes, strategy, riskmanagement, and other factors that promote growth |
| •Understanding of finance and financial reporting processes                                                                                                    |     | •Differentiation in background, perspective, and experience relativeto existing independent Directors       |

The Board of Directors has had the opportunity for meaningful refreshment in recent years. Our 2025 director nominees include four independent directors who have joined the Board since 2021, including a new independent director appointment in each of 2023 and 2024. These additions to the Board followed a rigorous process that included evaluating a significant number of candidates in recent years, a number of whom met with members of the Nominating and Governance Committee and other directors, as well as members of management, as part of our nomination process. This active process is led by the Nominating and Governance Committee and Board Chair, and includes an evaluation of the current composition of the Board in order to focus on candidates with diversified skills and experiences that would enhance the Board’s collective capabilities and bring new perspectives. The full Board of Directors considers each candidate’s qualifications, and determines whether to nominate a given candidate to serve on the Board. The current nominees to the Board of Directors comprise individuals with a substantial variety of skills and expertise, as shown in the “Director Nominee Experience and Skills Overview” table above, including with respect to investment management and financial services; international business; government; and not-for-profit organizations. The Nominating and Governance Committee believes it is important to maintain a mix of experienced directors with a deep understanding of the Company and newer directors who bring a fresh perspective. The following are highlights on the composition of AMG’s Board of Directors nominees:

| Board of Directors Composition                                                                                                                  |     |                                                                                      |
| •New Chairs of all Board committees in 2024                                                                                                     |     | •Strong refreshment practices on Committees; new members on allCommittees since 2020 |
| •2025 Board nominees include four new independent directors since2021, including a new independent director appointment in each of2023 and 2024 |     | •Transitioned to a non-executive, independent Board Chair in 2020                    |
| •