{"url_path":"/sec/mgre/10-k/2026/item-16","section_key":"item-16","section_title":"Item 16 Form 10-K Summary","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-02-17","source_url":"https://www.sec.gov/Archives/edgar/data/1004434/0001628280-26-008665-index.html","accession_number":"0001628280-26-008665","cik":"0001004434","ticker":"AMG","issuer_name":"AFFILIATED MANAGERS GROUP, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1004434/0001628280-26-008665-index.html","primary_entity_key":"0001004434","primary_entity_name":"AFFILIATED MANAGERS GROUP, INC."},"word_count":1865,"has_tables":true,"body_markdown":"Item 16.Form 10-K Summary\n\nNone.\n\n86\n\n[Table of Contents](#ibfa0590d77ac4199aa63edb4b8813f49_7)\n\nExhibit Index\n\n3.1\n\n[Amended and Restated Certificate of Incorporation (incorporated by reference to the Company’s Registration](https://www.sec.gov/Archives/edgar/data/1004434/0000950135-97-004266.txt)\n\n[Statement on Form S-1/A (No. 333-34679), filed October 29, 1997)](https://www.sec.gov/Archives/edgar/data/1004434/0000950135-97-004266.txt)\n\n3.2\n\n[Amendment to Amended and Restated Certificate of Incorporation (incorporated by reference to the Company’s](https://www.sec.gov/Archives/edgar/data/1004434/000110465905056203/a05-20277_1ex4d1.htm)\n\n[Registration Statement on Form S-8 (No. 333-129748), filed November 16, 2005)](https://www.sec.gov/Archives/edgar/data/1004434/000110465905056203/a05-20277_1ex4d1.htm)\n\n3.3\n\n[Amendment to Amended and Restated Certificate of Incorporation (incorporated by reference to the Company’s](https://www.sec.gov/Archives/edgar/data/1004434/000110465906028490/a06-9042_1def14a.htm#Appendixc_132928)\n\n[Proxy Statement on Schedule 14A (No. 001-13459), filed April 28, 2006)](https://www.sec.gov/Archives/edgar/data/1004434/000110465906028490/a06-9042_1def14a.htm#Appendixc_132928)\n\n3.4\n\n[Amendment to Amended and Restated Certificate of Incorporation (incorporated by reference to the Company’s](https://www.sec.gov/Archives/edgar/data/1004434/000100443417000019/amg_06302017xexhibit31.htm)\n\n[Quarterly Report on Form 10-Q (No. 001-13459), filed August 3, 2017)](https://www.sec.gov/Archives/edgar/data/1004434/000100443417000019/amg_06302017xexhibit31.htm)\n\n3.5\n\n[Amended and Restated By-laws (incorporated by reference to the Company’s Quarterly Report on Form 10-Q (No.](https://www.sec.gov/Archives/edgar/data/1004434/000100443422000054/amg_093022xexhibit31.htm)\n\n[001-13459), filed November 7, 2022)](https://www.sec.gov/Archives/edgar/data/1004434/000100443422000054/amg_093022xexhibit31.htm)\n\n4.1\n\n[Indenture for Junior Subordinated Notes, dated as of March 27, 2019, between the Company, as issuer, and U.S.](https://www.sec.gov/Archives/edgar/data/1004434/000119312519088500/d666868dex41.htm)\n\n[Bank National Association, as trustee (incorporated by reference to the Company’s Current Report on Form 8-K](https://www.sec.gov/Archives/edgar/data/1004434/000119312519088500/d666868dex41.htm)\n\n[(No. 001-13459), filed March 27, 2019)](https://www.sec.gov/Archives/edgar/data/1004434/000119312519088500/d666868dex41.htm)\n\n4.2\n\n[First Supplemental Indenture related to the 5.875% Junior Subordinated Notes due 2059, dated as of March 27,](https://www.sec.gov/Archives/edgar/data/1004434/000119312519088500/d666868dex42.htm)\n\n[2019, between the Company, as issuer, and U.S. Bank National Association, as trustee, including the form of Global](https://www.sec.gov/Archives/edgar/data/1004434/000119312519088500/d666868dex42.htm)\n\n[Note attached as Annex A thereto (incorporated by reference to the Company’s Current Report on Form 8-K (No.](https://www.sec.gov/Archives/edgar/data/1004434/000119312519088500/d666868dex42.htm)\n\n[001-13459), filed March 27, 2019)](https://www.sec.gov/Archives/edgar/data/1004434/000119312519088500/d666868dex42.htm)\n\n4.3\n\n[Second Supplemental Indenture related to the 4.750% Junior Subordinated Notes due 2060, dated as of September](https://www.sec.gov/Archives/edgar/data/1004434/000119312520252331/d82761dex42.htm)\n\n[23, 2020, between the Company, as issuer, and U.S. Bank National Association, as trustee, including the form of](https://www.sec.gov/Archives/edgar/data/1004434/000119312520252331/d82761dex42.htm)\n\n[Global Note attached as Annex A thereto (incorporated by reference to the Company’s Current Report on Form 8-K](https://www.sec.gov/Archives/edgar/data/1004434/000119312520252331/d82761dex42.htm)\n\n[(No. 001-13459), filed September 23, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000119312520252331/d82761dex42.htm)\n\n4.4\n\n[Third Supplemental Indenture related to the 4.200% Junior Subordinated Notes due 2061, dated as of July 13, 2021,](https://www.sec.gov/Archives/edgar/data/1004434/000119312521214114/d205012dex42.htm)\n\n[between the Company, as issuer, and U.S. Bank National Association, as trustee, including the form of Global Note](https://www.sec.gov/Archives/edgar/data/1004434/000119312521214114/d205012dex42.htm)\n\n[attached as Annex A thereto (incorporated by reference to the Company’s Current Report on Form 8-K (No.](https://www.sec.gov/Archives/edgar/data/1004434/000119312521214114/d205012dex42.htm)\n\n[001-13459), filed July 13, 2021)](https://www.sec.gov/Archives/edgar/data/1004434/000119312521214114/d205012dex42.htm)\n\n4.5\n\n[Fourth Supplemental Indenture related to the 6.750% Junior Subordinated Notes due 2064, dated as of March 20,](https://www.sec.gov/Archives/edgar/data/1004434/000119312524072712/d797758dex42.htm)\n\n[2024, between the Company, as issuer, and U.S. Bank Trust Company, National Association, as trustee, including](https://www.sec.gov/Archives/edgar/data/1004434/000119312524072712/d797758dex42.htm)\n\n[the form of Global Note attached as Annex A thereto (incorporated by reference to the Company’s Current Report](https://www.sec.gov/Archives/edgar/data/1004434/000119312524072712/d797758dex42.htm)\n\n[on Form 8-K (No. 001-13459), filed March 20, 2024)](https://www.sec.gov/Archives/edgar/data/1004434/000119312524072712/d797758dex42.htm)\n\n4.6\n\n[Indenture for Senior Notes, dated as of June 5, 2020, between the Company, as issuer, and U.S. Bank National](https://www.sec.gov/Archives/edgar/data/1004434/000119312520162203/d928407dex41.htm)\n\n[Association, as trustee (incorporated by reference to the Company’s Current Report on Form 8-K (No. 001-13459),](https://www.sec.gov/Archives/edgar/data/1004434/000119312520162203/d928407dex41.htm)\n\n[filed June 5, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000119312520162203/d928407dex41.htm)\n\n4.7\n\n[First Supplemental Indenture related to the 3.300% Senior Notes due 2030, dated as of June 5, 2020, between the](https://www.sec.gov/Archives/edgar/data/1004434/000119312520162203/d928407dex42.htm)\n\n[Company, as issuer, and U.S. Bank National Association, as trustee, including the form of Global Note attached as](https://www.sec.gov/Archives/edgar/data/1004434/000119312520162203/d928407dex42.htm)\n\n[Annex A thereto (incorporated by reference to the Company’s Current Report on Form 8-K (No. 001-13459), filed](https://www.sec.gov/Archives/edgar/data/1004434/000119312520162203/d928407dex42.htm)\n\n[June 5, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000119312520162203/d928407dex42.htm)\n\n4.8\n\n[Second Supplemental Indenture related to the 5.500% Senior Notes due 2034, dated as of August 20, 2024, between](https://www.sec.gov/Archives/edgar/data/1004434/000119312524203661/d817196dex42.htm)\n\n[the Company, as issuer, and U.S. Bank Trust Company, National Association, as trustee, including the form of](https://www.sec.gov/Archives/edgar/data/1004434/000119312524203661/d817196dex42.htm)\n\n[Global Note attached as Annex A thereto (incorporated by reference to the Company’s Current Report on Form 8-K](https://www.sec.gov/Archives/edgar/data/1004434/000119312524203661/d817196dex42.htm)\n\n[(No. 001-13459), filed August 20, 2024)](https://www.sec.gov/Archives/edgar/data/1004434/000119312524203661/d817196dex42.htm)\n\n4.9\n\n[Third Supplemental Indenture related to the 5.500% Senior Notes due 2036, dated as of December 11, 2025,](https://www.sec.gov/Archives/edgar/data/1004434/000119312525316053/d933301dex42.htm)\n\n[between the Company, as issuer, and U.S. Bank Trust Company, National Association, as trustee, including the](https://www.sec.gov/Archives/edgar/data/1004434/000119312525316053/d933301dex42.htm)\n\n[form of Global Note attached as Annex A thereto (incorporated by reference to the Company’s Current Report on](https://www.sec.gov/Archives/edgar/data/1004434/000119312525316053/d933301dex42.htm)\n\n[Form 8-K (No. 001-13459), filed December 11, 2025)](https://www.sec.gov/Archives/edgar/data/1004434/000119312525316053/d933301dex42.htm)\n\n4.10\n\n[Description of the Registrant’s Securities (incorporated by reference to the Company’s Annual Report on Form 10-](https://www.sec.gov/Archives/edgar/data/1004434/000100443425000010/amg_exhibit415x12312024.htm)\n\n[K (No. 001-13459), filed February 14, 2025)](https://www.sec.gov/Archives/edgar/data/1004434/000100443425000010/amg_exhibit415x12312024.htm)\n\n10.1†\n\n[Executive Incentive Plan of the Company (incorporated by reference to the Company’s Proxy Statement on](https://www.sec.gov/Archives/edgar/data/1004434/000104746915004126/a2224331zdef14a.htm#toc_la78601_2)\n\n[Schedule 14A (No. 001-13459), filed April 29, 2015)](https://www.sec.gov/Archives/edgar/data/1004434/000104746915004126/a2224331zdef14a.htm#toc_la78601_2)\n\n10.2†\n\n[Amended and Restated 1997 Stock Option and Incentive Plan of the Company (incorporated by reference to the](https://www.sec.gov/Archives/edgar/data/1004434/000104746904016516/a2135956zex-10_1.txt)\n\n[Company’s Quarterly Report on Form 10-Q (No. 001-13459), filed May 10, 2004)](https://www.sec.gov/Archives/edgar/data/1004434/000104746904016516/a2135956zex-10_1.txt)\n\n10.3†\n\n[Amendment No. 1 to the Company’s 1997 Stock Option and Incentive Plan (incorporated by reference to the](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000029/amg06302020exhibit104.htm)\n\n[Company’s Quarterly Report on Form 10-Q (No. 001-13459), filed July 31, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000029/amg06302020exhibit104.htm)\n\n10.4†\n\n[Amended and Restated Long-Term Stock and Investment Plan of the Company (incorporated by reference to the](https://www.sec.gov/Archives/edgar/data/1004434/000100443414000006/exhibit106-xamendedandrest.htm)\n\n[Company’s Annual Report on Form 10-K (No. 001-13459), filed February 27, 2014)](https://www.sec.gov/Archives/edgar/data/1004434/000100443414000006/exhibit106-xamendedandrest.htm)\n\n10.5†\n\n[Deferred Compensation Plan of the Company (incorporated by reference to the Company’s Annual Report on Form](https://www.sec.gov/Archives/edgar/data/1004434/000104746909002123/a2190957zex-10_9.htm)\n\n[10-K (No. 001-13459), filed March 2, 2009)](https://www.sec.gov/Archives/edgar/data/1004434/000104746909002123/a2190957zex-10_9.htm)\n\n87\n\n[Table of Contents](#ibfa0590d77ac4199aa63edb4b8813f49_7)\n\n10.6†\n\n[2011 Stock Option and Incentive Plan of the Company (incorporated by reference to the Company’s Proxy](https://www.sec.gov/Archives/edgar/data/1004434/000104746911003828/a2203474zdef14a.htm#toc_cm71601_1)\n\n[Statement on Schedule 14A (No. 001-13459), filed April 19, 2011)](https://www.sec.gov/Archives/edgar/data/1004434/000104746911003828/a2203474zdef14a.htm#toc_cm71601_1)\n\n10.7†\n\n[Amendment No. 1 to the Company’s 2011 Stock Option and Incentive Plan (incorporated by reference to the](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000029/amg06302020exhibit101.htm)\n\n[Company’s Quarterly Report on Form 10-Q (No. 001-13459), filed July 31, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000029/amg06302020exhibit101.htm)\n\n10.8†\n\n[2013 Incentive Stock Award Plan of the Company (incorporated by reference to the Company’s Proxy Statement on](https://www.sec.gov/Archives/edgar/data/1004434/000104746913005205/a2214725zdef14a.htm#toc_la17201_1)\n\n[Schedule 14A (No. 001-13459), filed April 30, 2013)](https://www.sec.gov/Archives/edgar/data/1004434/000104746913005205/a2214725zdef14a.htm#toc_la17201_1)\n\n10.9†\n\n[Amendment No. 1 to the Company’s 2013 Incentive Stock Award Plan (incorporated by reference to the](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1014123119.htm)\n\n[Company’s Annual Report on Form 10-K (No. 001-13459), filed February 28, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1014123119.htm)\n\n10.10†\n\n[2020 Equity Incentive Plan of the Company (incorporated by reference to the Company’s Registration Statement on](https://www.sec.gov/Archives/edgar/data/1004434/000119312520198612/d919223dex47.htm)\n\n[Form S-8 (No. 333-240091), filed July 24, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000119312520198612/d919223dex47.htm)\n\n10.11†\n\n[Form of Restricted Stock Unit Award Agreement pursuant to the Company’s 2013 Incentive Stock Award Plan](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1015123119.htm)\n\n[(incorporated by reference to the Company’s Annual Report on Form 10-K (No. 001-13459), filed February 28,](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1015123119.htm)\n\n[2020)](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1015123119.htm)\n\n10.12†\n\n[Form of Stock Option Agreement pursuant to the Company’s Stock Option and Incentive Plans (incorporated by](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000029/amg06302020exhibit1011.htm)\n\n[reference to the Company’s Quarterly Report on Form 10-Q (No. 001-13459), filed July 31, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000029/amg06302020exhibit1011.htm)\n\n10.13†\n\n[Form of Award Agreement pursuant to the Company’s Incentive Plans (incorporated by reference to the Company’s](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1018123119.htm)\n\n[Annual Report on Form 10-K (No. 001-13459), filed February 28, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1018123119.htm)\n\n10.14†\n\n[Form of Award Agreement pursuant to the Company’s Deferred Compensation Plan (incorporated by reference to](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1019123119.htm)\n\n[the Company’s Annual Report on Form 10-K (No. 001-13459), filed February 28, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000011/amgexhibit1019123119.htm)\n\n10.15†\n\n[Form of Award Agreement pursuant to the Company’s Executive Incentive and 2013 Incentive Stock Award Plans](https://www.sec.gov/Archives/edgar/data/1004434/000100443414000006/exhibit1015_xrsawardagreem.htm)\n\n[(incorporated by reference to the Company’s Annual Report on Form 10-K (No. 001-13459), filed February 27,](https://www.sec.gov/Archives/edgar/data/1004434/000100443414000006/exhibit1015_xrsawardagreem.htm)\n\n[2014)](https://www.sec.gov/Archives/edgar/data/1004434/000100443414000006/exhibit1015_xrsawardagreem.htm)\n\n10.16†\n\n[Form of Restricted Stock Unit Award Agreement pursuant to the Company’s 2020 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1004434/000100443421000023/amg_exhibit101x33121.htm)\n\n[(incorporated by reference to the Company’s Quarterly Report on Form 10-Q (No. 001-13459), filed May 7, 2021)](https://www.sec.gov/Archives/edgar/data/1004434/000100443421000023/amg_exhibit101x33121.htm)\n\n10.17†\n\n[Form of Director Restricted Stock Unit Award Agreement pursuant to the Company’s 2020 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1004434/000100443421000023/amg_exhibit101x33121.htm)\n\n[(incorporated by reference to the Company’s Annual Report on Form 10-K (No. 001-13459), filed February 16,](https://www.sec.gov/Archives/edgar/data/1004434/000100443421000023/amg_exhibit101x33121.htm)\n\n[2024)](https://www.sec.gov/Archives/edgar/data/1004434/000100443421000023/amg_exhibit101x33121.htm)\n\n10.18†\n\n[Form of Stock Option Award Agreement pursuant to the Company’s 2020 Equity Incentive Plan (incorporated by](https://www.sec.gov/Archives/edgar/data/1004434/000100443424000010/amg_exhibit1020x123123.htm)\n\n[reference to the Company’s Annual Report on Form 10-K (No. 001-13459), filed February 16, 2024)](https://www.sec.gov/Archives/edgar/data/1004434/000100443424000010/amg_exhibit1020x123123.htm)\n\n10.19†\n\n[Form of Director Stock Option Award Agreement pursuant to the Company’s 2020 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000029/amg06302020exhibit109.htm)\n\n[(incorporated by reference to the Company’s Quarterly Report on Form 10-Q (No. 001-13459), filed July 31, 2020)](https://www.sec.gov/Archives/edgar/data/1004434/000100443420000029/amg06302020exhibit109.htm)\n\n10.20†\n\n[Form of Indemnification Agreement between the Company and each Director and Executive Officer (incorporated](https://www.sec.gov/Archives/edgar/data/1004434/000104746911001624/a2202148zex-10_15.htm)\n\n[by reference to the Company’s Annual Report on Form 10-K (No. 001-13459), filed March 1, 2011)](https://www.sec.gov/Archives/edgar/data/1004434/000104746911001624/a2202148zex-10_15.htm)\n\n10.21\n\n[Third Amended and Restated Credit Agreement, dated as of November 15, 2024, by and among the Company,](https://www.sec.gov/Archives/edgar/data/1004434/000119312524259866/d893880dex101.htm)\n\n[Bank of America, N.A., as administrative agent, letter of credit issuer and swingline lender, and the other lending](https://www.sec.gov/Archives/edgar/data/1004434/000119312524259866/d893880dex101.htm)\n\n[institutions from time to time party thereto (incorporated by reference to the Company’s Current Report on Form 8-](https://www.sec.gov/Archives/edgar/data/1004434/000119312524259866/d893880dex101.htm)\n\n[K (No. 001-13459), filed November 15, 2024)](https://www.sec.gov/Archives/edgar/data/1004434/000119312524259866/d893880dex101.htm)\n\n10.22\n\n[Equity Distribution Agreement, dated as of March 7, 2025, by and among the Company and the Agents, Forward](https://www.sec.gov/Archives/edgar/data/1004434/000119312525049936/d784451dex11.htm)\n\n[Sellers, and Forward Purchasers named therein (incorporated by reference to the Company’s Current Report on](https://www.sec.gov/Archives/edgar/data/1004434/000119312525049936/d784451dex11.htm)\n\n[Form 8-K (No. 001-13459), filed March 7, 2025)](https://www.sec.gov/Archives/edgar/data/1004434/000119312525049936/d784451dex11.htm)\n\n10.23\n\n[Form of Forward Sale Agreement, dated as of March 7, 2025, pursuant to the Equity Distribution Agreement](https://www.sec.gov/Archives/edgar/data/1004434/000119312525049936/d784451dex101.htm)\n\n[(incorporated by reference to the Company’s Current Report on Form 8-K (No. 001-13459), filed March 7, 2025)](https://www.sec.gov/Archives/edgar/data/1004434/000119312525049936/d784451dex101.htm)\n\n19\n\n[Insider Trading Policy and Procedures of the Company*](amg_exhibit19x12312025.htm)\n\n21\n\n[Schedule of Subsidiaries*](amg_exhibit21x12312025.htm)\n\n23\n\n[Consent of PricewaterhouseCoopers LLP*](amg_exhibit23x12312025.htm)\n\n31.1\n\n[Certification of Registrant’s Chief Executive Officer pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002*](amg_exhibit311x12312025.htm)\n\n31.2\n\n[Certification of Registrant’s Chief Financial Officer pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002*](amg_exhibit312x12312025.htm)\n\n32.1\n\n[Certification of Registrant’s Chief Executive Officer pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002**](amg_exhibit321x12312025.htm)\n\n32.2\n\n[Certification of Registrant’s Chief Financial Officer pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002**](amg_exhibit322x12312025.htm)\n\n97\n\n[Clawback Policy of the Company (incorporated by reference to the Company’s Annual Report on Form 10-K (No.](https://www.sec.gov/Archives/edgar/data/1004434/000100443424000010/amg_exhibit97x123123.htm)\n\n[001-13459), filed February 16, 2024)](https://www.sec.gov/Archives/edgar/data/1004434/000100443424000010/amg_exhibit97x123123.htm)\n\n88\n\n[Table of Contents](#ibfa0590d77ac4199aa63edb4b8813f49_7)\n\n101\n\nThe following financial statements from the Registrant’s Annual Report on Form 10-K for the fiscal year ended\n\nDecember 31, 2025 are filed herewith, formatted in XBRL (Inline eXtensible Business Reporting Language): (i) the\n\nConsolidated Statements of Income for the years ended December 31, 2025, 2024, and 2023, (ii) the Consolidated\n\nBalance Sheets as of December 31, 2025 and December 31, 2024, (iii) the Consolidated Statement of Equity for the\n\nyears ended December 31, 2025, 2024, and 2023, (iv) the Consolidated Statements of Cash Flows for the years\n\nended December 31, 2025, 2024, and 2023, and (v) the Notes to the Consolidated Financial Statements\n\n104\n\nThe cover page from the Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025,\n\nformatted in XBRL (Inline eXtensible Business Reporting Language) and contained in Exhibit 101\n\n___________________________\n\n†            Indicates a management contract or compensatory plan\n\n*            Filed herewith \n\n**          Furnished herewith\n\n89\n\n[Table of Contents](#ibfa0590d77ac4199aa63edb4b8813f49_7)\n\nSIGNATURES\n\nPursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused\n\nthis report to be signed on its behalf by the undersigned, thereunto duly authorized.\n\n \n\n \n\nAFFILIATED MANAGERS GROUP, INC.\n\n(Registrant)\n\nDate: February 17, 2026\n\n \n\nBy:\n\n/s/ JAY C. HORGEN\n\n \n\n \n\n \n\n \n\nJay C. Horgen\n\nChief Executive Officer\n\nPursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following\n\npersons on behalf of the registrant and in the capacities and on the dates indicated.\n\nSignature\n\nTitle\n\nDate\n\n/s/ JAY C. HORGEN\n\nChief Executive Officer\n\n(Principal Executive Officer) and\n\nDirector\n\nFebruary 17, 2026\n\nJay C. Horgen\n\n/s/ DAVA E. RITCHEA\n\nChief Financial Officer\n\n(Principal Financial and Principal\n\nAccounting Officer)\n\nFebruary 17, 2026\n\nDava E. Ritchea\n\n/s/ KAREN L. ALVINGHAM\n\nDirector\n\nFebruary 17, 2026\n\nKaren L. Alvingham\n\n/s/ MARCY ENGEL\n\nDirector\n\nFebruary 17, 2026\n\nMarcy Engel\n\n/s/ ANNETTE FRANQUI\n\nDirector\n\nFebruary 17, 2026\n\nAnnette Franqui\n\n/s/ FÉLIX V. MATOS RODRÍGUEZ\n\nDirector\n\nFebruary 17, 2026\n\nFélix V. Matos Rodríguez\n\n/s/ TRACY P. PALANDJIAN\n\nDirector\n\nFebruary 17, 2026\n\nTracy P. Palandjian\n\n/s/ DAVID C. RYAN\n\nDirector\n\nFebruary 17, 2026\n\nDavid C. Ryan\n\n/s/ LOREN M. STARR\n\nDirector\n\nFebruary 17, 2026\n\nLoren M. Starr"}