Company: UMBFO
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054504
Chunk: 69

Company: UMB FINANCIAL CORP
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 69
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 Compensation Committee, as the Committee deems to be fair and appropriate, for any non-recurringgains or losses. Like net income, the Company’s Core PPNR has steadily increased while the PEO and other NEOs’ CAP has varied due to shifts in the Company’s stock price. 62 PAY RATIO DISCLOSURE The annual total compensation for our median employee for 2024 was $114,644 and $6,630,354 for our CEO. The resulting ratio of our CEO’s pay to the pay of our median employee for 2024 was 57.83 to 1. For purposes of the foregoing calculation, we utilized the same “median employee” identified in our 2024 proxy statement as there were no changes to our employee population or to our employee compensation arrangements that we believe would significantly impact the pay ratio disclosure. As explained in our 2024 proxy statement, we identified the median employee by examining the 2023 W-2 wages for all individuals, excluding our CEO, who were employed by us on December 31, 2023. We included all employees, whether employed on a full-time, part-time or seasonal basis. We did not make any cost-of-living adjustments in identifying the median employee. We also did not make any assumptions, adjustments, or estimates with respect to total cash compensation, and we did not annualize the compensation for any employees that were not employed by us for all of 2023. We calculated the median employee’s annual total compensation using the same methodology we use for our Named Executive Officers as set forth in the “2024 Summary Compensation Table” in this Proxy Statement. 63

<div align='center'>**PROPOSAL #2—ADVISORY VOTE (NON-BINDING) ON THE COMPENSATION

PAID TO OUR NAMED EXECUTIVE OFFICERS (“SAY-ON-PAY”)**</div>

Pursuant to Section 14A of the Securities Exchange Act, we are seeking a non-binding advisory vote to approve the compensation paid to our NEOs, as described in the CD&A provisions of this Proxy Statement, and the accompanying tables. Although the vote is only advisory in nature, the Compensation and Governance Committees will consider the outcome of this vote when making future decisions regarding executive compensation. At the Company’s last advisory vote on the compensation paid to our Named Executive Officers, the shareholders represented at the meeting voted 97.1% in approval of such compensation. The next non-binding advisory vote to approve