Company: AFGC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001140361-25-012231
Chunk: 27

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 27
---
 this evaluation. |

| • | Has the sole authority to retain or obtain the advice of a compensation consultant, outside legal counsel and any other advisors for assistance in carrying out its responsibilities. |

| • | Oversees the Company’s Executive Officer Clawback Policy. |

Corporate Governance Committee

| Members:                  
 William W. Verity (Chair) 
 Mary Beth Martin          
 Evans N. Nwankwo          
 John I. Von Lehman        
 5                         
 Meetings in 2024          |

| • | Oversees Board succession planning, including establishing criteria for selecting new directors and identifying individuals qualified to be Board members as needed. |

| • | Recommends director nominees for the next annual meeting of shareholders, the appointment and removal of members of the Board committees and the amount and form of compensation to non-management directors. |

| • | Reviews the reporting structure, operations and charters for each of the Board committees and recommends changes to the full Board. |

| • | Develops, recommends to the full Board and oversees an annual self-evaluation process of the Board and its committees. |

| • | Advises the Board in connection with succession planning for the Co-CEOs and other key executives. |

| • | Advises the Board with respect to stewardship and sustainability issues in order to assist in the development and refinement of the Company’s strategies and policies in these areas. |

| • | Conducts and facilitates Board and Committee succession and recruitment activities, both in and outside of regular meetings. |

Audit Committee Report In accordance with the Audit Committee’s charter, which it reviews annually, the Audit Committee oversees the Company’s financial reporting process on behalf of the Board of Directors. The Company’s management has the primary responsibility for the financial statements, for maintaining effective internal control over financial reporting, and for assessing the effectiveness of internal control over financial reporting. In fulfilling its oversight responsibilities, the Committee reviewed and discussed the audited consolidated financial statements and the related schedules in the Annual Report on Form 10-K with Company management, including a discussion of the quality, not just the acceptability, of the accounting principles; the reasonableness of significant judgments; and the clarity of disclosures in the financial statements, among other matters. The Committee is comprised solely of independent directors as defined by the NYSE listing standards and Rule 10A-3 of the Securities Exchange Act of 1934 (“Exchange Act”).

| 2025 Proxy Statement | American Financial Group31 |

TABLE OF CONTENTS Corporate Governance The members of the Committee are Gregory G. Joseph (