Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 41

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 41
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 significant risks, both actual and emerging, and determines whether management is responding appropriately•Challenges management and promotes accountabilityBoard of Directors Risk Committee(a)•Assists the Board in oversight of strategies, policies, procedures, and practices relating to the assessment and management of enterprise-wide risk, including credit, market, liquidity, model, operational, compliance, reputation, strategic, and technology risks•Assists the Board in overseeing risks related to capital adequacy, capital planning, and capital actions•Reviews and provides oversight of management’s activities related to the enterprise-wide risk management framework, which includes an annual review of the ERM Policy, including the Risk Appetite Statement, and management and ERM reports•Approves any material changes to Executive Level (Level II) Risk Governance Committee charters and significant policies relating to risk management, including corporate risk metrics for major risk categoriesBoard of Directors Compensation & Organization Committee(a)•Assists the Board in oversight of compensation policies and practices to support Key’s efforts to attract, retain, develop, motivate, and reward a high performing and collaborative workforce to achieve its business objectives•Oversees compensation for Key’s Board-Reported Executives, talent management and organizational development, including succession planning, leadership development and strategic hiring objectivesBoard of Directors Nominating & Corporate Governance Committee(a)•Assists the Board with oversight of corporate governance matters and Key’s policies and practices on significant issues of corporate responsibility•Oversees the evaluation of the Board, the directors, and the Lead Director•Provides guidance on Board-related matters, including director candidates, director compensation, director independence, the Board committee structure, and succession planning matters•Reviews the Corporate Governance Guidelines•Provides oversight with respect to community investment strategy and activities of bank subsidiaries of KeyCorp Board of Directors Technology Committee (a)•Assists the Board with oversight of major technology investments and technology risks•Support’s Key’s strategic objectives in areas such as cybersecurity, fraud, and data, project management, technology strategy, technology innovation, and emerging technology trends•In consultation with the Risk Committee, oversees technology-related risks  including (but not limited to) cybersecurity, business resiliency, and other technology-related risks as necessary and appropriateBoard of Directors Audit Committee(a)•Assists the Board in oversight of financial statement integrity, regulatory and legal requirements, independent auditors’ qualifications and independence, and the performance of the internal audit function and independent auditors•Assists the Board in oversight of financial reporting, legal matters, and fraud risk•Meets with management and approves significant