Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 53

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 53
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 150% of the

shares underlying the award will be issued and distributed, with 100% of the shares underlying the initial award issued and distributed if an

Average ROE of between 18% and 20% is achieved. The grant date fair value of the 2021 Long-Term Performance Achievement Awards

assumes that the midpoint level of Average ROE will be achieved.

(6) Mr. Wojcik served as our Chief Financial Officer through March 2024, before transitioning to the role of Chief Operating Officer as of April 1,

2024.

(7) In connection with his forthcoming retirement from the Company, Mr. Jamal stepped down from his role as Head of Affiliate Investments and

as an executive officer of the Company in the first quarter of 2025. Mr. Jamal remains with the Company as Managing Director, Affiliate

Partnerships.

(8) Ms. Ritchea joined the Company in April 2024 and, therefore, no compensation is included in the tables for years prior to 2024. In May 2024,

Ms. Ritchea received the following one-time retention and make-whole awards granted under the 2020 Stock Plan in connection with the

commencement of her employment: (i) Initial Long-Term Performance Achievement Award (three-year cliff vesting) with a grant date fair

value of $2,625,000 and (ii) Initial Long-Term Performance Achievement Award (five-year cliff vesting) with a grant date fair value of

$875,000. The portions of each of the Initial Long-Term Performance Achievement Award (three-year cliff vesting) and the Initial Long-Term

Performance Achievement Award (five-year cliff vesting) that will be eligible to vest will be determined based on the Company’s level of

achievement measured against pre-established performance targets measuring the Company’s Average ROE over a three-year

measurement period ending on December 31, 2026, and over a five-year measurement period ending on December 31, 2028, respectively.

If Average ROE is equal to or less than 11% for each of the three- or five-year measurement periods, 50% of the shares underlying the

applicable initial award will be issued and distributed. If Average ROE is between 12% and 22% for each of the three- or five-year

measurement periods, a ratable portion between 60% and up to a maximum of 150% of the shares underlying