Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 43

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 43
---
48 per share. Additional information regarding non-GAAP financial performance measures can be found in AMG’s 2024 Annual Report on Form 10-K under “Supplemental Financial Performance Measures.” 2. Composite weights of 30%, 50%, and 20% for 1-year, 3-year, and 5-year return periods, respectively. Performance targets used in the Performance Assessment are designed to align management incentives with shareholder value creation, and take into account factors known at the time. Actual results may be impacted by a number of external factors, including macroeconomic factors, market changes, and regulatory or political changes, as well as other factors such as share repurchases and investments in new and existing Affiliates, which may not be anticipated and could significantly impact AMG’s business. Financial targets are not intended to be a form of guidance or a prediction of AMG’s performance during the performance year or in any future period. See “Forward-Looking Statements.” EEPS / GAAP EPS Growth Percentile Rank relative to peers is determined using reported peer data for adjusted EPS or GAAP EPS (further adjusted for amortization expense where applicable) or sell-side estimates dependent on availability at the time of the January meeting of the Compensation Committee for the performance year determination. AUM Contribution from Selected Strategic Target Areas is based on information sourced from Affiliates. Employee Engagement Score pertains to AMG’s employees and not those of our Affiliates. Through our innovative partnership approach, each Affiliate’s management team retains operational autonomy in day-to-day business management and decisions, including with respect to their human capital. Displayed figures above for 2024 actual results reflect rounded values. Additional information regarding the calculations of these measures is included below under “Summary of Performance Assessment Target Descriptions and Rationale, and 2024 Target Setting Process.”

33

| Calculate Annual Incentive Compensation amountApply weighted score of 118% to the Target Total Payout, yielding Annual IncentiveCompensation of $15.0mm | $15.0CEO IncentiveCompensation |

The weighted Performance Assessment score of 118% was applied to the Target Total Payout for our President and Chief Executive Officer to produce Annual Incentive Compensation of $15.0 million. The weighted Performance Assessment score of 118% produced Annual Incentive Compensation of $7.9 million for the Chief Operating Officer. The results for the Chief Financial Officer and General Counsel were $3.6 million and $2.2 million, respectively.