Company: BK-PK
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-046216
Chunk: 92

Company: Bank of New York Mellon Corp
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 92
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 a later date while employed, upon retirement or after retirement not to exceed age 70. Changes are permitted to the payment election once annually; however, they must comply with the regulations contained in Section 409A of the Internal Revenue Code. Deferred compensation may be paid in a lump sum or annual payments over 2 to 15 years. If an executive terminates employment prior to age 55, his or her benefit is paid in a lump sum shortly after termination. Investment alternatives, based on a selection of variable rate options, must be selected when the executive makes a deferral election and may be changed each quarter for future deferrals. Previously deferred amounts may generally be reallocated among the investment options at the beginning of each quarter. The plan is a nonqualified unfunded plan.82 BNY 2025 PROXY STATEMENT

## ITEM 2. ADVISORY VOTE ON COMPENSATIONExecutive Compensation Tablesand Other Compensation DisclosuresPotential Payments upon Termination or Change in ControlThe following discussion summarizes the arrangements, agreements, and policies of the company relating to potential payments to our NEOs upon termination or change in control.Retirement BenefitsWe provide qualified and non-qualified pension retirement benefits and qualified and non-qualified defined contribution retirement benefits (with the specific plans varying depending on when participation began).In addition, we provide continued vesting of equity awards for participants who are eligible for retirement, with the eligibility dependent on the individual’s age and length of service and the terms of the applicable plan and award agreements. At December 31, 2024 and using the same assumptions as used for the “Table of Other Potential Payments” below, our NEOs were eligible to receive continued vesting of stock awards in the following amounts: for Mr. Vince, $8,140,167, for Mr. McDonogh, $15,391,029, and for Ms. Keating, $15,548,071. In accordance with the terms of their offer letters, RSUs granted to Mr. Vince and Mr. McDonogh in connection with their equity buyout awards, excluding the equity buyout award granted in March 2023 for Mr. McDonogh, will continue to vest following termination of employment unless the NEO’s employment is terminated for cause. Also, in accordance with the terms of Mr. Vince’s offer letter, any equity awards granted to Mr. Vince prior to September 1, 2022 (other than RSUs granted in connection with his buyout award) and prior to his turning 55 years old