Company: AFGC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001140361-25-012231
Chunk: 24

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 24
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, would not result in better governance or oversight. The Company’s Corporate Governance Guidelines provide for the selection of a Lead Director from the independent directors at times when the Company has no Chairperson or no independent Chairperson. The Lead Independent Director is appointed annually and is generally expected to serve for more than one year. The Lead Independent Director has the authority to call meetings of the non-employee directors and to preside over such meetings. When the Chairperson, or in the absence of a Chairperson, the Co-CEOs, are absent, the Lead Independent Director presides over meetings of the Board.

| 282025 Proxy Statement | American Financial Group |

TABLE OF CONTENTS Corporate Governance

The Lead Independent Director

| Gregory G. Joseph |

Among other delineated responsibilities:

| • | Serves as a liaison between the non-employee directors and the Co-CEOs, encouraging direct communication between them, including providing feedback and counsel regarding interactions with the Board. |

| • | Consults on Board meeting agendas and other information sent to the Board. |

| • | Reviews the quality, quantity, appropriateness and timeliness of information provided to the Board. |

| • | Consults on and approves Board meeting schedules to ensure there is sufficient time for discussion of all agenda items. |

| • | Facilitates discussion and open dialogue among the independent directors during Board meetings, executive sessions and outside of Board meetings. |

| • | Maintains availability, when appropriate, for consultation and direct communication with shareholders. |

| • | Communicates with the Co-CEOs and, as appropriate, regarding significant matters including decisions reached, suggestions, views or concerns expressed by non-employee directors in executive sessions or outside of Board meetings. |

Board of Directors and Committees There are 13 members on the Board of Directors, though only 12 nominees for Director at the 2025 Annual Meeting. On February 19, 2025, upon the recommendation of the Corporate Governance Committee, the Board elected Messrs. Lindner Jr. and Thompson. Also on February 19, Mr. Evans informed the Board that he did not intend to stand for reelection at the 2025 Annual Meeting. Mr. Evans joined the Board in 1985, and served as both a senior executive and Director until 2014, when he retired from the executive management team and became Executive Consultant to the Company. He will continue to provide valuable counsel to the Co-CEOs and the Company in his Executive Consultant role. The Board met eight times during