Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 71

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 71
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 Audit Committee recommended to the Board of Directors that the

audited financial statements be included in the Annual Report on Form 10-K for the fiscal year ended December 31, 2024.

The Audit Committee’s role is one of oversight, and members of the Audit Committee rely without independent verification on

the information provided to them and on the representations made by management and PwC. Accordingly, the Audit Committee’s

oversight does not provide an independent basis to determine that management has maintained appropriate accounting and

financial reporting principles or appropriate internal controls and procedures designed to assure compliance with accounting

standards and applicable laws and regulations. Furthermore, the Audit Committee’s considerations and discussions referred to

above do not assure that the audit of the Company’s financial statements has been carried out in accordance with the standards of

the PCAOB, that the financial statements are presented in accordance with generally accepted accounting principles or that PwC is

in fact “independent.”

The Audit Committee operates pursuant to a charter that was most recently adopted by the Board of Directors in October 2024

and is available on the Company’s website at www.amg.com.

ANNETTE FRANQUI

DAVID C. RYAN

LOREN M. STARR, CHAIR

52

Principal Accountant Fees and Services The following table sets forth information regarding the fees for professional services rendered by PwC in each of the last two fiscal years:

| Type of Fee                                                                                                                                                              | Year EndedDecember 31, 2023 |     | Year EndedDecember 31, 2024 |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------:|:----|----------------------------:|
| Audit Fees(1)........................................................................................................................................................... |                  $7,902,405 |     |                  $8,562,197 |
| Audit-Related Fees(2)............................................................................................................................................        |                     749,206 |     |                     505,056 |
| Tax Fees(3)............................................................................................................................................................. |                   4,261,314 |     |                   4,936,475 |

(1) Represents fees for the audit of the Company’s consolidated financial statements and reviews of the consolidated financial statements filed with the SEC in Forms 10-K and 10-Q, as well as in connection with audits of the financial statements of certain of the Company’s subsidiaries and consolidated Affiliates. (2) Represents fees for attest services not required by statute or regulation, benefit plan audits, and accounting consultations. (3) Represents fees for tax compliance and