Company: TROW
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001104659-25-028002
Chunk: 54

Company: PRICE T ROWE GROUP INC
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 54
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 $ |        1,956,299 |   |
| Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2020 |     | $ |          504,223 |   |     | $ |          718,559 |   |
| Add Dividend Equivalents Paid in 2020                                                            |     | $ |          528,239 |   |     | $ |          313,200 |   |
| Compensation Actually Paid in 2020                                                               |     | $ |       19,367,486 |   |     | $ |       13,917,124 |   |

| f | Our peer group total stockholder return is calculated with respect to the NASDAQ Asset Manager Index, which is the same peer group as 
 reported pursuant to Item 201(e) of Regulation S-K.                                                                                   |

| 74 | T. Rowe Price Group |

| g | In no particular order, the following table outlines what we believe to be our NEOs’ key performance measures. These measures are      
 highlighted on pages 51 and 52. We believe net revenue to be the most significant measure in determining the compensation of our NEOs. |

| KEY PERFORMANCE MEASURES |                                     |
| Assets Under Management  | Investment Performance              |
| Net Income               | Net Operating Income                |
| Net Revenue              | Non-GAAP Diluted Earnings per Share |
| Operating Margin         |                                     |

The charts below illustrate the correlation between NEO compensation and (i) total stockholder return, (ii) net revenue, and (iii) net income attributable to T. Rowe Price Group, Inc., for 2020 through 2024. The charts below also provide a comparison between the Price Group total shareholder return against the total shareholder return of our peer group.

| 2025 Proxy Statement | 75 |

| Proposal 
 2        |

Advisory Vote on the Compensation Paid to Our Named Executive Officers INTRODUCTION In accordance with the requirements of Section 14A of the Exchange Act and the related rules of the SEC, our stockholders have the opportunity to cast an annual advisory vote to approve the compensation of our NEOs as disclosed pursuant to the SEC’s compensation disclosure rules, which disclosure includes the CD&A, the compensation tables, and the narrative disclosures that accompany the compensation tables (a “Say-on-Pay” vote). Our NEO compensation is straightforward, goal-oriented, long-term focused, transparent, and aligned with the interests