Company: BOKF
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000875357-25-000020
Chunk: 36

Company: BOK FINANCIAL CORP
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 36
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 compensation are directly tied to financial performance of the Company. The Committee also considers the financial success of the Company when determining salary.

Competition with Peer Banks - To attract and retain superior executives, BOK Financial strives to provide levels of compensation comparable to competitor banks. The Committee considers peer compensation data when establishing salary and incentive compensation targets.

<div align='center'>BOK Financial Corporation | 40</div>

Align Executive Interests with Shareholder Interests - While BOK Financial does not have a specific policy or target for determining the allocation between equity and cash awards, the Company does promote equity ownership to align executive interests with shareholder interests. All long-term executive compensation is paid in restricted stock or restricted stock units. Stock ownership guidelines as described on page 33require executives to retain Company stock.

#### Change of Control and Termination Benefits
The Company has a limited number of change of control benefits for executive officers. If an executive, or any employee of the Company, is terminated within one year after a “change of control” (as defined in footnote 3 on page 48), and such termination is other than “for cause” (as defined in footnote 4 on page 49), then all unvested service- and performance-based shares he or she has been granted vest.

Executive officers receive the same severance benefits as other Company employees which are based upon the amount of time a person has been employed by the Company. The named executives are entitled to receive additional severance pursuant to their employment agreements as more fully described in Potential Payments upon Termination found on page 48. The Company believes that the severance and termination payments help recruit and retain senior executives by protecting them in the event their positions are adversely impacted by an unexpected change in circumstance and are consistent with those offered by competitors.

#### Equity Grant Policies and Practices
The equity grant date for each year (the "Grant Date") is the date on which the Committee approves long-term incentive targets, typically at the February Committee meeting. There are no policies or practices to coordinate the granting of equity with the release of material non-public information. The Company does not time the disclosure of material non-public information for the purpose of affecting the value of executive compensation.

#### Tax and Accounting Considerations
Section 409A of the Internal Revenue Code

If an executive ("Service Provider") is entitled to nonqualified deferred compensation benefits that are subject to Section 409A of the Internal Revenue Code, and such benefits do not comply with Section 409A, then the benefits are taxable in the first year they