Company: MGRE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001004434-25-000021
Chunk: 24

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 24
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 annual selection process for director nominees and communications and interactions with management generally. The Nominating and Governance Committee periodically reviews the format of the Board of Directors and committee self-assessment processes to ensure that actionable feedback is solicited on the operation of the Board of Directors and director performance. The Nominating and Governance Committee also oversees annual individual director assessments as part of the recommendation process for director nominees. The table below provides a general overview of the annual self-assessment and director assessment processes.

| Board and Committee Self-Assessments and Individual Director Assessments |                                                                                                                                                                                               |
| Questionnaire                                                            | •Evaluation questionnaire solicits director feedback on a variety of procedural and substantive topics                                                                                        |
| Executive Session                                                        | •Executive session discussion of Board and committee self-assessments led by the Chair of theNominating and Governance Committee                                                              |
| Individual Director Assessments                                          | •Individual director assessments support an annual evaluation of the Board’s composition to ensure thatthe Board as a whole continues to reflect the appropriate mix of skills and experience |
| Board Summary                                                            | •Summary of Board and committee self-assessments results presented by the Chair of the Nominatingand Governance Committee, followed by a discussion of the full Board                         |
| Feedback Incorporated                                                    | •Policies and practices updated as appropriate, as a result of director feedback                                                                                                              |

Chief Executive Officer Evaluation: The Board Chair oversees an annual performance evaluation of our Chief Executive Officer. As part of this assessment, the Board Chair solicits director feedback on a variety of performance considerations. The Board Chair then synthesizes the directors’ feedback and discusses the results with our Chief Executive Officer in a one-on-one meeting. The Board Chair reports on the results of the evaluation at an executive session of the Board of Directors. Director On-Boarding and Training: A new independent director joining the Board of Directors undertakes an orientation program that includes personal briefings by senior management on the Company’s operations, strategic plans, financial statements, governance, and key policies and practices. New directors also undergo in-depth training on the work of each committee of the Board of Directors. Throughout their tenure on the Board of Directors, each director is expected to maintain the necessary knowledge and information to perform his or her responsibilities as a director. To assist the directors in understanding the Company and its industry and maintaining the level of expertise required for directors, the Company may, from time to time, offer Company-sponsored continuing education programs or presentations, including sessions on select topics during the annual Board of Directors offsite. Additional training is also provided when a