Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 357

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 357
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 Strategic Plan and Conservatorship Scorecard. Then, an adjustment may be applied based on the eligible NEO’s individual performance. Any adjustment for individual performance, however, cannot result in an amount in excess of the eligible NEO’s target for this portion of At-Risk Deferred Salary. 

The CHC Committee considered management’s assessment of its performance against the goals and also discussed the company’s performance with the CEO. As the Corporate Scorecard does not have assigned weightings for the various Corporate Scorecard goals, it was necessary for the CHC Committee to use its judgment in determining the overall level of performance. Despite challenging economic and market conditions, the company achieved or exceeded all of its Corporate and Conservatorship Scorecard goals, enhanced its commitment to its mission, and improved its control environment. As a first step in the process, the CHC Committee determined that the portion of NEO At-Risk Deferred Salary should reflect 100%, in light of its assessment of the company's performance against the Corporate Scorecard as well as other factors that it deemed relevant for consideration. Next, the CHC Committee assessed each eligible NEOs individual performance, described below under Assessment of 2024 Individual Performance. 

FREDDIE MAC  |  2024 Form 10-K242

Executive CompensationCompensation Discussion and Analysis

The table below presents the 2024 Corporate Scorecard goals and the CHC Committee's discussion of our performance against those goals. 

Corporate Scorecard GoalPerformanceDeliver on FHFA Scorecard ObjectivesWe satisfactorily met all the 2024 Conservatorship Scorecard objectives per FHFA’s assessment. Deliver on our Affordable Housing MissionWe achieved or exceeded all 2024 Single-Family and Multifamily affordable housing goals; achieved or exceeded all feasible 2024 Single-Family and Multifamily equitable, Duty to Serve, and sustainable housing plan goals; achieved or exceeded all 2024 Multifamily asset management goals; and continued to execute on our corporate sustainability strategy.Identify, Assess, and Manage RiskWe exceeded all elements of this goal, including managing risk within established limits, timelyremediation of significant issues, and design and meet milestones to reduce operational risk and achievecompliance.Grow, Develop, and Empower Talent for Today and TomorrowWe achieved or exceeded all elements of this goal, including those related to diversity, equity, and inclusion and progress on employee engagement.Build Financial StrengthWe achieved or exceeded all elements of this goal, including those related to corporate expenses and income.

FREDDIE MAC