Company: KEY-PI
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066284
Chunk: 69

Company: KEYCORP /NEW/
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 69
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,094 |     |             |     | 4,821,384 |     |              |     | — |     |                  |     |      — |     |            |     |  6,423,431 |
| Retirement (1)                    |     |           |     |         — |     |               |     | — |     |             |     | 19,156 |     |                 |     |   626,210 |     |             |     | 1,111,375 |     |              |     | — |     |                  |     |      — |     |            |     |  1,756,741 |
| Limited                           
 Circumstances (2)                 |     |           |     |   600,000 |     |               |     | — |     |             |     | 91,952 |     |                 |     | 1,510,094 |     |             |     | 2,617,540 |     |              |     | — |     |                  |     |      — |     |            |     |  4,819,586 |
| Change of Control Termination (3) |     |           |     | 5,125,539 |     |               |     | — |     |             |     | 91,952 |     |                 |     | 1,510,094 |     |             |     | 4,821,384 |     |              |     | — |     |                  |     | 46,000 |     |            |     | 11,594,969 |

| (1) | Ms. Mago is retirement eligible as she is at least 55 with five years of service, and therefore would receive pro rata vesting treatment on all unvested, outstanding equity awards. Ms. Mago is also fully vested in all retirement and pension benefits, so there would be no accelerated value associated with a termination. |

| (2) | In the event of a termination under Limited Circumstances, Ms. Mago would be eligible for up to one year of base salary in severance. In certain circumstances and in our discretion, Ms. Mago may also be eligible for a pro-rated portion of the target Annual Incentive attributable to the performance year in which a termination of employment occurs, generally based on the length of time worked during such year. |

| (3) | Ms. Mago is entitled to