Company: WTFCN
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001104659-25-031671
Chunk: 16

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 16
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 the Company’s Security Program including information security program as well as its fraud programs. It also includes updates to risk assessments, results of audit testing and details of any security breaches or violations, as well as any material changes to the program; • coordinating with the Company’s IT/IS Committee regarding the oversight of the Company’s Security Program; • evaluating the status of the Company’s Consumer Compliance and Bank Secrecy Act, Anti-Money Laundering and Office of Foreign Assets Control programs, which includes updates to risk assessments, results of audit testing and details of any security breaches or violations, as well as any material changes to these programs; • monitoring and discussing with management and the internal auditors, as it deems appropriate, the overall scope, approach, staffing, locations, and plans for their audits, and the Company’s risk assessment and risk management policies; • reviewing the status and results of regulatory and material litigation risk exposure examinations; • receiving and reviewing any reports of evidence of a material violation of securities laws or breaches of fiduciary duty and consulting with third parties; • reviewing reports regarding violations of the Company’s codes of ethics and policy regarding transactions in Company securities by insiders; • overseeing the process and establishing procedures for the receipt, retention and treatment of complaints; • reviewing compliance with the Codes and insider trading policy; and • reviewing and assessing annually the adequacy of the Audit Committee Charter and, if appropriate, recommending changes to the Board for approval. The Audit Committee has established a policy to pre-approve all audit and non-audit services provided by the independent registered public accounting firm. These services may include audit services, audit-related services, tax services and other services. Pre-approval is generally provided for up to one year. Once 11 TABLE OF CONTENTS pre-approved, the services and pre-approved amounts are monitored against actual charges incurred and modified if appropriate. To serve on the Audit Committee, Directors must meet financial competency standards and heightened independence standards set forth by the SEC and Nasdaq. In particular, each Audit Committee member: • must be financially literate; • must not have received any consulting, advisory, or other compensatory fees from the Company (other than in his or her capacity as a Director); • must not be the Company’s affiliate or the affiliate of any of the Company’s subsidiaries; and • must not serve on the audit committee of more than two other public companies, unless the Board determines that such simultaneous service would not impair the ability of such Director to effectively serve on the Audit Committee. Furthermore, at least one