Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 36

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 36
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 we continued to make progress in strategically evolving our business by increasing our exposure to secular growth areas and magnifying the growth of our Affiliate partners. We continued to invest in and alongside our Affiliates by collaborating closely to develop attractive products, especially alternative strategies for the U.S. wealth marketplace, in some cases expanding our Affiliates’ reach into new geographies and channels, and by seeding and providing strategic support for new product launches. We also meaningfully enhanced our liquidity position and further strengthened our balance sheet, while also returning significant excess capital to shareholders. The results of the 2024 Performance Assessment reflected these achievements and the Company’s strong financial performance for the year.

| Overview of AMG’s Compensation Program Philosophy |

The Compensation Committee has structured our executive compensation program over the long term to further several core objectives, which include the following: • Attracting, retaining, and motivating key members of senior management • Closely aligning executive compensation with performance and accomplishments for the year and over the long term • Aligning AMG executives and other employees with shareholders through share ownership • Focusing executives on long-term performance with equity incentive awards, with a majority of these awards subject to rigorous pre- established performance targets measured over forward multi-year periods • Compensating executives based on a combination of Company performance—on both a relative and absolute basis—and performance in individual roles • Avoiding incentives that might encourage excessive risk-taking • Routinely reviewing and evolving our compensation program to incorporate feedback from stockholders and best practices into our executive compensation program design These objectives inform the design of our compensation program, which includes the following components: • Awarding fixed and variable Annual Incentive Compensation in an appropriate mix to align management incentives with shareholder value creation • Performing market comparisons to ensure that our compensation is in line with that of our Peer Group • Implementing strong compensation governance practices within a robust corporate governance framework

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| Compensation Governance Practices                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| AMG’s Board of Directors is committed to maintaining responsible compensation practices, and believes that rewards for theCompany’s senior leaders should be commensurate with the results they achieve for our stockholders. Our strong governanceprocedures and practices with respect to employment and compensation include the following:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| What we do                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |     | What we don’t do                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| •Annual Say-on-Pay vote•Caps