Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 47

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 47
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, equity risk premium, long-term beta, and taxrate•Minimum threshold set if 3-year average adjustedreturn on capital falls below 0% for measurementperiod                                                                             |
| AUMContributionfrom SelectedStrategic TargetAreas                                                                    |     | •Measures the notional level of AUM dedicated to selectstrategic target areas that management has identified asbenefiting from structural, long-term secular tailwinds andare therefore focus areas for AMG. The selected strategictarget areas include strategies dedicated to privatemarkets, liquid alternatives, and sustainable investment.AMG increasingly participates in these secular growthareas via investments in new Affiliates or collaborating withexisting Affiliates in product development or enhancingcapabilities; targets are reconsidered annually to ensureappropriate progress is incented over time |     | •Target set relative to the prior-year contribution level ofAMG notional AUM in these strategies                                                                                                                                                                                                                                                           |
| EmployeeEngagementSurvey Score                                                                                       |     | •Percentage of AMG employees indicating overall jobsatisfaction in formal annual employee engagement survey,relative to industry benchmark satisfaction rate                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |     | •Target set relative to an industry benchmarksatisfaction rate                                                                                                                                                                                                                                                                                             |

**36

Risk Considerations in our Compensation Program**

The Compensation Committee has discussed the concept of risk as it relates to our compensation program with our

management team and with our Compensation Consultant. The Compensation Committee does not believe that the goals or the

underlying philosophy of our compensation program encourage excessive or inappropriate risk-taking, or create risks that are

reasonably likely to have a material adverse effect on the Company.

Throughout our compensation program, compensation is aligned with long-term stockholder interests and increases in

shareholder value. The named executive officers’ salaries are fixed in amount and typically account for a relatively small minority of

their Total Compensation . For 2024, all Annual Incentive Compensation for the Chief Executive Officer and the Chief Operating

Officer, and the majority of Annual Incentive Compensation for the Chief Financial Officer and the General Counsel, was

determined by applying the result of the Performance Assessment, which links incentive award payouts to pre-established

performance targets (with caps on the scoring of individual metrics) to a peer-benchmarked pay target, and the total Annual

Incentive Compensation of each named executive officer was subject to a maximum payout. The Compensation Committee also

reviews the output of the scorecard and the resulting incentive compensation to ensure that the output is consistent with the design

of the plan. The Committee could apply incremental discretion