Company: AFGC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001140361-25-012231
Chunk: 60

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 60
---
| (1) | Amounts shown are not reduced to reflect the NEOs’ elections, if any, to defer receipt of salary into the Deferred Compensation Plan. |

| (2) | Amount shown for 2024 represents the dollar amount which will be expensed for financial statement reporting purposes over the four-year cliff vesting period of discretionary restricted stock awards made by the Compensation Committee for compensation expense incurred by the Company. Amounts were determined in accordance with FASB ASC 718 (Compensation – Stock Compensation), rather than as an amount paid to or realized, and as such, dividends paid on restricted stock awards are not reported. Mr. Berding’s total for 2023 includes a grant of restricted stock upon his promotion to President of the Company in June 2023, which restricted stock has a four-year cliff vesting period. |

| 2025 Proxy Statement | American Financial Group57 |

TABLE OF CONTENTS Executive Compensation

| (3) | Non-equity incentive plan compensation payments to all NEOs except Mr. Thompson include those made pursuant to the Annual Bonus Plan, a performance-based annual cash bonus plan. For the Co-CEOs and Mr. Berding, amounts also include payments under the Senior Executive LTIC, which are further described in the Compensation Discussion and Analysis section beginning on page52of this proxy statement. For discussion of Mr. Thompson’s incentive compensation, see “Compensation Discussion & Analysis—Annual Bonus Plan” beginning on page49. |

| (4) | The All Other Compensation chart below details the components of these amounts. |

All Other Compensation ($)—2024

| Item                                                 |     |        C.H. 
 Lindner III |     |       S.C. 
    Lindner |     |     J.B. 
  Berding |     |     B.S. 
 Hertzman |     |          D.L. 
 Thompson, Jr. |     |    M.A. 
   Weiss |
| Insurance (Auto/Home Executive Insurance Program)(1) |     |    ​600,000 |     |    600,000 |     |   46,773 |     |   43,068 |     |       100,000 |     |  14,052 |
| Aircraft Usage(2)                                    |     |     920,359 |     |    945,707 |     |  279,208 |     |        — |     |             — |     |       — |
| Annual RASP Contribution(3)