Affiliated Managers Group (AMG) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 22, 2025, with key proposals including director elections, advisory vote on executive compensation, and auditor ratification.

• 2024 saw 10% growth in economic earnings per share and 4% growth in adjusted EBITDA, with strong capital allocation to growth investments and share repurchases.

• Significant board refreshment and governance enhancements, including a non-executive, independent Board Chair and new committee chairs in 2024.

• Continued focus on ESG, sustainability, and employee engagement, with 50% of executive officers being women and ongoing emissions reduction initiatives.

Voting matters and shareholder proposals

• Proposals include electing eight directors, approving executive compensation (Say-on-Pay), and ratifying PwC as the independent auditor.

• Board recommends voting FOR all proposals.

• Shareholders can submit proposals for the 2026 meeting between January 22 and March 8, 2026.

Board of directors and corporate governance

• Board consists of eight members, seven of whom are independent; four new independent directors since 2021.

• All board committees are composed entirely of independent directors.

• Board Chair is independent; new chairs for all committees in 2024.

• Annual board and committee self-assessments and individual director evaluations are conducted.

• Equity ownership guidelines require significant shareholding by executives and directors.