Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 50

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 50
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Compensation Discussion and Analysis” section of this Proxy Statement. For Mses. Ritchea and Padiyar, the result of the Performance Assessment was applied to 75% of respective Target Total Payout levels, given Ms. Ritchea’s hire date and Ms. Padiyar’s promotion date . (2) For 2024, “All Other Compensation” consisted of (i) contributions to a 401(k) profit-sharing or similar pension plan in the amount of $20,700 on behalf of Mr. Horgen, Mr. Wojcik, Mr. Jamal, and Ms. Padiyar, (ii) medical benefits and life and long-term disability insurance premiums with respect to each named executive officer, and (iii) tax preparation services with respect to each named executive officer. The Company does not provide tax reimbursements for any perquisite. The Company’s executive officers may invest from time to time in Affiliate funds or products under arrangements described in “Other Matters – Related Person Transactions” at no incremental cost to the Company. (3) Represents the aggregate grant date fair value (computed in accordance with FASB ASC Topic 718) of the following equity incentive awards consisting of restricted stock units granted under the Company’s 2020 Equity Incentive Plan (the “2020 Stock Plan”) in March 2024 in recognition of performance in 2023: (i) 2023 Long-Term Deferred Equity Awards granted to Mr. Horgen, Mr. Wojcik, Mr. Jamal, and Ms. Padiyar with grant date fair values of $ 2,490,000 , $ 1,020,000 , $ 1,020,000 , and $ 346,500 , respectively, and (ii) 2023 Long-Term Performance Achievement Awards granted to Mr. Horgen, Mr. Wojcik, Mr. Jamal, and Ms. Padiyar with grant date fair values of $ 3,736,000 , $ 1,519,000 , $ 1,519,000 , and $231,000, respectively. The portions of the 2023 Long-Term Performance Achievement Awards 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, as defined in “2024 Compensation Program Overview and Enhancements” on page 6, over a three-year measurement period ending on December 31, 2026. If Average ROE is