Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 39

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 39
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-time long-term equity awards•Imposes additional restrictions on sales of AMG stock–No sales by CEO permitted unless vested, unrestricted shares held exceeds 2x Total Annual Compensation–No sales by non-CEO NEOs permitted unless vested, unrestricted shares held exceeds 1x Total AnnualCompensation–Once such holding thresholds are met, policy limits amount of annual sales permitted unless the individual’sshare ownership is at least 3x Total Annual Compensation, ensuring that management continues toincrease, and/or maintain significant, AMG equity ownership over time–Certain one-time awards granted to executive officers are also subject to holding periods under the policy,requiring the awards to be held for six to seven years from the time of grant•Total Annual Compensation comprises the total amount of the executive officer’s cash compensation (includingsalary and cash bonus) and equity or other deferred compensation (based on the grant date fair value) receivedfor performance with respect to the year prior to measurement, excluding one-time cash or equity grants•Equity eligible for determining compliance includes unrestricted shares of AMG stock, whether acquired throughaward vesting, option exercises, open market purchases, or otherwise, and excludes unvested awards,undelivered performance awards, unexercised options, and shares surrendered to AMG to satisfy tax withholdingobligations or fund the exercise of options or other equity awards |

**29

Named Executive Officer Annual Compensation Determination Process and Results**

The Compensation Committee’s annual compensation determination process begins during Committee meetings early in the

performance year and continues throughout the year, with periodic reviews of the Company’s financial performance on both a

relative and absolute basis, and progress on various strategic objectives, as well as discussions regarding the principles and

continuing effectiveness of the compensation program. Our President and Chief Executive Officer may attend such Compensation

Committee meetings at the request of the Committee to participate in discussions concerning the compensation of other members

of executive management, but does not participate in decisions regarding his own compensation, which occur in executive

sessions. In considering whether to retain the Compensation Consultant (Semler Brossy) for assistance with its annual

compensation determination process, the Compensation Committee evaluates the Compensation Consultant’s independence in

accordance with SEC and NYSE rules and has determined that the Compensation Consultant’s work does not raise any conflicts.

Our Compensation Consultant provides input and advice to the Compensation Committee, and to the Chair of the Committee in

particular, at key points throughout the year, and they meet during the year to consider the executive