Company: BK-PK
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-046216
Chunk: 5

Company: Bank of New York Mellon Corp
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 5
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150%   •  Earnout for PSUs is based on (1) average company Adjusted ROTCE (weighted 70%) and (2) relative total shareholder return (“TSR”) (weighted 30%) over a three-year performance period, which further links incentives with future performance and stockholder interests                                                                                                                                                                                                                                                 |
| Comprehensive    risk assessment                |     | •  The HRC Committee annually assesses compensation plans with the company’s Chief Risk Officer to determine whether they are well-balanced and do not encourage imprudent risk-taking   •  The HRC Committee’s incentive compensation determinations include an individual risk assessment for each Executive Committee member to connect compensation with appropriate levels of risk-taking   •  NEO cash and equity awards are subject to broad clawback and forfeiture policies, based on ongoing risk assessments under our comprehensive recoupment policies (which apply in addition to, and supplement, the company’s newly adopted clawback policy in accordance with SEC and NYSE requirements)                                                                                                                                                                                                                                                        |
| Promote long-term stock    ownership            |     | •  PSUs cliff vest after the end of the three-year performance period, and RSUs vest in equal annual installments over three years   •  Robust policies prohibit hedging and pledging of company stock and derivative securities   •  Meaningful stock ownership guidelines:   •  CEO must acquire and retain company stock equal to seven times base salary within five years; and must also retain 50% net shares received from his equity-based compensation awards as CEO until age 60   •  Other NEOs must acquire and retain company stock equal to four times base salary within five years   •  NEOs must retain 75% of net shares received from equity-based compensation awards, during the five-year period to come into compliance with the stock ownership guidelines, and if they are out of compliance at any time thereafter, must retain 100% of net shares received from their equity-based compensation awards until they return to compliance |

8 BNY 2025 PROXY STATEMENT

INTRODUCTION

2024 Target Total Direct Compensation Structure

The target total direct compensation for our NEOs is structured as follows:

**BNY 2025 PROXY STATEMENT 9**

## ITEM 1. ELECTION OF DIRECTORSItem 1. Election of DirectorsRESOLUTIONPage 11