Company: KEY-PI
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066284
Chunk: 28

Company: KEYCORP /NEW/
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 28
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 discussed in the Compensation Discussion and Analysis beginning on page 29 of this proxy statement. The number of performance units set forth in these columns reflects a “target” amount of performance units determined for each executive officer on the grant date. The number of performance units that ultimately vest as common shares for each executive officer may be higher or lower depending upon actual performance relative to the performance goals at the end of the measurement period. |

| (4) | Deferred shares, performance units, and restricted stock units payable in common shares do not have common share voting rights or investment power until the shares or units have been distributed as common shares in accordance with the plan or agreement under which they were granted or awarded. |

| (5) | Totals may not foot due to rounding. |

| (6) | No director, director nominee, or executive officer beneficially owns (and collectively all 26 directors and executive officers do not beneficially own) common shares, options, and deferred shares, performance units, and restricted stock units payable in common shares or exercisable on or within 60 days of March 21, 2025, totaling more than 1% of the outstanding common shares of KeyCorp. The percentages set forth in this column for the holders of more than 5% of our common shares are based on the number of shares reported by each such holder to the SEC on Schedules 13D and 13G/A, as discussed below. |

| (7) | Based solely upon information contained in the Schedule 13D filed by Scotiabank with the SEC on January 6, 2025. Scotiabank reported that it owned beneficially 162,981,232 common shares, held sole power to dispose or to direct the disposition of 162,933,726 common shares, held sole voting power over 162,933,726 common shares, held shared voting power over 47,506 common shares, and held shared power to dispose or to direct the disposition of 47,506 common shares. The reported address of Scotiabank is 40 Temperance Street, Toronto, Ontario, M5H 0B4. |

| (8) | Based solely upon information contained in the Schedule 13G/A filed by The Vanguard Group, Inc. (“Vanguard”) with the SEC on February 13, 2024. Vanguard reported that it owned beneficially 109,871,973 common shares, held sole power to dispose or to direct the disposition of 105,672,