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      "text": "Salary $1.5M, Cash Award $5.0M, PSUs $28.0M, Total Compensation $34.5M",
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      "text": "Business Results, Risk, Controls & Conduct, Client/Customer/Stakeholder, Teamwork & Leadership, OC Member Performance",
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      "text": "Most shareholders disfavor one-time special awards and requested a commitment of no more special grants to the current CEO",
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      "text": "Some shareholders wanted to better understand how the CMDC assesses Operating Committee member performance",
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      "text": "The CMDC has unlimited downward discretion to adjust variable compensation in the event of a significant shortcoming in any one dimension. No single performance dimension in isolation determines compensation.",
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      "text": "The total cash compensation awarded to Mr. Dimon of $6.5M is consistently among the lowest and well below the $9.0M median of the total cash amounts paid to his peers2",
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      "text": "The CMDC has unequivocally committed that if a future one-off special grant is considered for other NEOs it will include direct performance conditions; for example, such as those that currently exist in our annual PSU awards",
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      "text": "The same annual cash incentive award cap also applies to Mr. Pinto for 2022 and going forward",
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      "text": "One-time awards are not a common practice and the CMDC has unequivocally committed to shareholders that future special awards will not be granted to Mr. Dimon",
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      "text": "The CMDC used its discretion to not grant the maximum cash award of $8.6M to Mr. Dimon in 2022, limiting it to $5M¹, resulting in 85% of his incentive compensation being awarded in at-risk PSUs, the highest ratio of at-risk performance-based awards among his peers",
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      "text": "The CMDC has confirmed that no one-time special awards are currently under consideration for the Firm's other Named Executive Officers (\"NEOs\")",
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      "text": "The CMDC has also extended this commitment to Mr. Pinto, and for 2022 and going forward the CMDC has decided to align Mr. Pinto's compensation structure with that of Mr. Dimon, such that Mr. Pinto will no longer receive equity in RSUs, only PSUs",
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