Company: BK-PK
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-046216
Chunk: 0

Company: Bank of New York Mellon Corp
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 0
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| IT IS IMPORTANT THAT YOU CAREFULLY READ YOUR PROXY STATEMENT AND VOTE. |     |                                                                                           |

2 BNY 2025 PROXY STATEMENT

### INTRODUCTIONThe following summary highlights information contained in this proxy statement and provides context related to the matters to be voted on at the 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) of The Bank of New York Mellon Corporation (the “company,” “BNY,” “we,” “our” or “us”). You should read the entire proxy statement carefully before voting.2024 Financial Performance HighlightsBNY’s 2024 financial results reflect strong performance, with record net income applicable to common shareholders of $4.3 billion on record revenue of $18.6 billion and a return on tangible common equity (“ROTCE”) of 23% for the year. Significant positive operating leverage resulted in pre-tax margin and profitability expansion, and the company returned $4.4 billion of capital to common stockholders.In 2024, BNY delivered 968 basis points of positive operating leverage on a reported basis, and 288 basis points excluding notable items1,2. The company grew fee revenue by 6% year-over-year, and NII was down 1%, outperforming the outlook from the beginning of the year by approximately 9 percentage points. Despite higher-than-expected revenue, expenses were down 4% year-over-year on a reported basis, and up 1% excluding notable items1. The company returned 102% of 2024 earnings to common stockholders.1.Operating leverage excluding notable items, expenses excluding notable items, and ROTCE are non-GAAP measures. For a reconciliation of the non-GAAP measure to the corresponding GAAP measure, please see Annex A: Non-GAAP Reconciliations beginning on page 107.2.Operating leverage is the rate of increase (decrease) in total revenue less the rate of increase (decrease) in total noninterest expense.BNY 2025 PROXY STATEMENT 3

### INTRODUCTIONRecognition and AwardsWe are honored to be the recipients of a number of awards and recognitions, including those listed below. For additional investor relations information, see “Helpful Resources” on page 105.Enterprise SustainabilityBNY plays an important role in the global financial system—touching one-fifth of the world’s investable assets—and that foundation drives our approach to sustainability. As a global financial services company, we believe it