Company: COHN
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-035625
Chunk: 65

Company: Cohen & Co Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 65
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(a)

Represents the change in fair market value as of the date of vesting for awards that vested in the applicable year as compared to the fair market value of such award as of the end of the prior year.

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(5)

Total shareholder return is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between our Company’s share price at the end and the beginning of the measurement period by our company’s share price at the beginning of the measurement period.

**​**

(6)

The dollar amounts reported represent the amount of net income (loss) attributable to Cohen & Company Inc. Enterprise net income (loss) for the years ended 2024, 2023 and 2022 was $( 486), $( 9,191) and $( 35,467), respectively, as reflected in our consolidated audited financial statements.

Relationship Between Pay and Performance The following charts graphically describe the relationship of “compensation actually paid” to our CEO and the average for our non-CEO named executive officers in 2022, 2023 and 2024 relative to (i) the total shareholder return and (ii) our net income.

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TABLE OF CONTENTS Compensation Actually Paid vs. Total Shareholder Return 35 TABLE OF CONTENTS Compensation Actually Paid vs. Net Income 36

TABLE OF CONTENTS

COMPENSATION OF DIRECTORS The Company generally uses cash-based compensation to attract and retain qualified candidates to serve on the Board of Directors. In accordance with the Company’s compensation policy, for serving as a director for the fiscal year ended December 31, 2024, our non-employee directors each received an annual cash fee of $82,500. The Chairperson of the Audit Committee, the Nominating and Corporate Governance Committee and the Compensation Committee receive additional annual cash fees of $22,000, $4,250 and $4,250, respectively. Further, on December 20, 2024, each of our non-employee directors was awarded 1,100 unrestricted shares of our common stock having a grant date fair value of $10.21 per share. Other than Mr. Brafman, no executive officer had any