Company: UMBFO
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054504
Chunk: 17

Company: UMB FINANCIAL CORP
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 17
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 its preparation of the disclosures and other information relating to executive compensation matters that are required by applicable law to be contained in UMB’s proxy statement; |

| • |     | recommending to the Board the compensation of non-employee directors of UMB; |

| • |     | establishing and administering the principal components of compensation (including salary, bonuses, incentive programs, and retention awards) for the Chief Executive Officer, the Chief Financial Officer, and other designated Executive Officers of UMB; |

| • |     | approving and overseeing UMB’s succession planning for certain key personnel; |

| • |     | administering or overseeing the administration of UMB’s equity-based compensation plans, including grants of equity-based compensation; and |

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| • |     | reviewing stock ownership guidelines for directors and Executive Officers, and recommending, from time to time, changes in the guidelines to the Board. |

The Compensation Committee also (1) reviews and makes recommendations in connection with matters involving say-on-payand say-when-on-payvotes by UMB’s shareholders and (2) reviews and approves or ratifies related person transactions involving compensation. A narrative description of the processes for considering and determining executive and director compensation, including (a) the Compensation Committee’s authority and the extent to which that authority may be delegated and (b) the roles of UMB’s Executive Officers and compensation consultants in determining or recommending the amount or form of executive and director compensation, can be found in “ Compensation Discussion and Analysis” and “ Corporate Governance—2024 Director Compensation” later in this Proxy Statement. Compensation Committee Interlocks and Insider Participation During 2024, no UMB Executive Officer served as a member of the board of directors or the compensation committee of any entity with one or more Executive Officers serving on our Board or Compensation Committee, nor has any such relationship existed in the past. No director who served on the Compensation Committee during 2024 is or was formerly an officer or employee of UMB. Audit Committee The Audit Committee is currently comprised of Gordon E. Lansford III (Chair), Kevin C. Gallagher, Bradley J. Henderson, Jennifer K. Hopkins, Susan G. Murphy, Timothy R. Murphy and Kris A. Robbins. With the exception of Mses. Hopkins and Murphy and Mr. Henderson, who joined the Audit Committee in January 2025, each of these directors served on the Audit Committee throughout all of 2024. The Board has determined that all of the members are qualified to serve on the Audit Committee under applicable rules of the SEC or NASDAQ