Company: BK-PK
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-046216
Chunk: 66

Company: Bank of New York Mellon Corp
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 66
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 portion of an NEO’s incentive award and may claw back some or all of an incentive award paid to an NEO in the form of cash if the NEO engages in conduct prohibited by our forfeiture and recoupment policies. In addition to these conduct-based forfeiture or clawback provisions, incentive compensation is subject to recovery in the event of a financial restatement under our Recovery of Erroneously Awarded Incentive-Based Compensation Policy (the “NYSE Clawback Policy”), which was adopted in accordance with SEC and NYSE requirements. For more information on these clawback and forfeiture policies, see “Clawback and Forfeiture Provisions” beginning on page 71.60 BNY 2025 PROXY STATEMENT

## ITEM 2. ADVISORY VOTE ON COMPENSATIONCompensation Discussion & AnalysisHRC Committee DeterminationsCorporate Component – 2024 Financial Performance (Weighted 70%)The HRC Committee assessed the company’s “Financial Performance” rating as “Exceeds Expectations” based on its consideration of the following results:GoalsCategory12024 Actuals2023 ActualsYoY %PerformanceRatingFinancialPerformanceAdjusted total revenue$18.6$17.84.3%ExceedsAdjusted noninterest expense$12.5$12.31.4%ExceedsAdjusted operating leverage (bps)288bpsFar ExceedsAdjusted pre-tax operating margin32.6%30.4%2.2%ExceedsAdjusted net income applicable to common shareholders$4.5$4.013.0%Far ExceedsOEPS$6.03$5.0718.9%Far ExceedsAdjusted ROTCE23.8%21.8%2.0%Exceeds1.Non-GAAP measures, excluding notable items; Adjusted total revenue, Adjusted noninterest expense and Adjusted net income applicable to common shareholders $ in billions; Adjusted pre-tax operating margin and Adjusted ROTCE are percentages with YoY% representing % point change. OEPS is referred to as Adjusted diluted earnings per share in the 2024 Annual Report and in the reconciliation provided in Annex A. For a reconciliation of these non-GAAP measures to the corresponding GAAP measure, please see Annex A: Non-GAAP Reconciliations beginning on page 107.As part of this review, the HRC Committee considered the context supporting the financial metrics and results set forth above, as described below:Total Company PerformanceThe company delivered record OEPS1of $