Company: UMBFO
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054504
Chunk: 42

Company: UMB FINANCIAL CORP
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 42
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 |
| BOK Financial Corporation (BOKF)    |     | Old National Bancorp (ONB)          |
| Cadence Bank (CADE)                 |     | Pinnacle Financial Partners (PNFP)  |
| Columbia Banking System Inc. (COLB) |     | Prosperity Bancshares Inc. (PB)     |
| Commerce Bancshares Inc. (CBSH)     |     | Synovus Financial Corporation (SNV) |
| Cullen/Frost Bankers Inc. (CFR)     |     | Trustmark Corporation (TRMK)        |
| F.N.B. Corporation (FNB)            |     | Webster Financial Corporation (WBS) |
| Fulton Financial Corporation (FULT) |     |                                     |

35

Executive Compensation for 2024 General Considerations for 2024 Annual compensation decisions for NEOs were primarily made in February 2024 after our Board held its first regular meeting of the year and earnings and other financial results for the prior year were announced. The Compensation Committee weighed a number of general considerations in setting the compensation for each NEO in 2024, including evaluating the job-basedfactors to determine if the Company’s value of the role differs from the competitive labor market, reviewing the incumbent performance value and evaluating each NEO’s performance in his or her respective role, to come to a final compensation decision for each NEO. Base Salary Base salary provides the NEOs with a market-competitive baseline of cash compensation, generally in the form of fixed bi-weeklypayments. The Compensation Committee established the salaries of our NEOs in 2024 by (1) using peer-group or industry data to identify comparative medians and quartiles and (2) adjusting off the median and quartiles to reflect each NEO’s individual performance, strategic value, leadership, responsibilities, competencies, and experience. Annual base salary adjustments for the NEOs, if any, are generally decided by the Compensation Committee at its meeting in February for implementation in late March. The changes in the base salary for 2024 were effective as of March 18, 2024. For each NEO other than Mr. Kemper, the Compensation Committee considers the industry market data and the recommendation of the NEO’s manager when adjusting base salary. The Compensation Committee retains full discretion to set the base salary for Mr. Kemper. Base Salary 2024

| Name               |     | 2023 Base Salary |            |     | 2024 Base Salary |            |     | Percentage Increase |
| J