Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 48

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 48
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 for a variety of factors, including, but not limited to, a result

inconsistent with the plan design, factors that arise after establishing the Peer Group, payout targets, and scorecard metrics earlier

in the year ( no discretion was applied in 2024 ). Annual Incentive Compensation is then allocated between cash bonus and long-

term equity awards using a pre-established tiered formula, resulting in formulaic cash bonus and equity incentive award amounts.

In addition, a substantial portion of executive compensation is in the form of equity incentive awards, a majority of which are subject

to specific pre-established performance targets, which further aligns executives’ interests with those of our stockholders. We

believe that these awards do not encourage excessive or inappropriate risk-taking given that the value of the awards is tied to the

Company’s performance, and the awards are subject to long-term vesting schedules to help ensure that executives have significant

value tied to long-term performance.

**Clawback Policies**

To further ensure the alignment of compensation with long-term performance, we maintain a clawback policy that allows for the

recoupment of performance-based compensation from executive officers in the event of a material restatement of our financial

results due to a material error within three years of the original reporting. In the event of such occurrence, the Board of Directors

will review the facts and circumstances that led to the restatement and will take such actions as deemed necessary and

appropriate (such as the possible recoupment of incentive compensation of one or more executive officers).

In addition to the Company’s rights of recoupment outlined above, the Board of Directors also adopted the Affiliated Managers

Group, Inc. Clawback Policy (the “NYSE Clawback Policy”), effective as of October 16, 2023, in order to comply with the applicable

provisions of Section 10D of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the listing standards of

the NYSE. The NYSE Clawback Policy subjects any incentive-based compensation paid to an executive officer after October 2,

2023 to recoupment if and to the extent the same was paid on the basis of financial results in respect of any of the three most

recently completed fiscal years, which results were later restated.

**Equity Grant Policy**

We grant all equity awards, including stock options, under the terms of an equity grant policy. Pursuant to the policy, we

generally grant equity awards to our named executive