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AMERICAN INTERNATIONAL GROUP, INC.

For the period ended May 13, 2026. Filed Mar 31, 2026.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 13, 2026 · Filed Mar 31, 2026

AIG$77.75-3.9%Stored close · as of Nov 6, 2026
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Contents

Summary Compensation Table

2025 Summary Compensation Table

Name and PrincipalPosition as of December 31, 2025 · Year · Salary($) · Bonus($) · StockAwards($)(1) · OptionAwards($)(1) · Non-EquityIncentive PlanCompensation($)(2) · All OtherCompensation($)(3) · Total($)
Peter ZaffinoChairman & Chief Executive Officer20251,500,000—14,084,8554,374,99412,000,000500,20032,460,049
20241,500,000—10,339,9473,499,9849,000,000298,44224,638,373
20231,500,000—10,359,3023,499,9899,000,000258,64524,617,936
Keith WalshExecutive Vice President, Chief Financial Officer20251,000,0001,250,000(5)1,964,266624,9942,600,00094,5667,533,826
2024200,000—3,185,056—2,150,00010,7655,545,821
Rose Marie Glazer(4)Executive Vice President & General Counsel20251,000,000—1,964,266624,9943,000,00075,2516,664,511
Jonathan Hancock(4) Executive Vice President, Chief Executive Officer, General Insurance20251,084,793—2,304,165733,1733,778,426108,4958,009,052
20241,023,848—1,738,710590,4843,250,00057,9226,660,964
Claude WadeExecutive Vice President & Chief Digital Officer and Global Head of Business Operations & Claims20251,000,000—1,571,349499,9953,550,00081,5066,702,850
20241,000,0001,224,0001,104,208374,9883,500,00087,3017,290,497
20231,000,0001,793,0001,103,095374,9943,350,00086,7727,707,861

(1)Stock and Option Awards. The amounts listed in these columns for 2025 represent the grant date fair values of: (i) all PSUs granted in 2025 based on target performance which was the probable outcome of the performance conditions at the grant date; (ii) all RSUs granted in 2025 and (iii) all stock options granted in 2025, determined in accordance with Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) Topic 718, excluding the effect of estimated forfeitures. The amounts shown for the awards granted in 2025, in each case, were calculated using the assumptions described in Note 19 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2025. Further information regarding all stock-based awards granted in 2025 can be found on page 75. The following table presents the grant date fair value of the 2025 PSUs at target and maximum levels of performance:

Name2025 PSUs Target ($)2025 PSUs Maximum ($)
Peter Zaffino14,084,85528,169,711
Keith Walsh1,341,4192,682,808
Rose Marie Glazer1,341,4192,682,808
Jonathan Hancock1,573,5613,147,122
Claude Wade1,073,0872,146,175

All awards represented in the “Stock Awards” and “Option Awards” columns are subject to clawback under the Company's clawback policies.

(2)Non-Equity Incentive Plan Compensation. The amounts in this column for 2025 represent the awards earned under the STI Plan for 2025 performance as determined by the CMRC (and approved by the Board in the case of Mr. Zaffino) in the first quarter of 2026. See page 63 for further information.

All awards represented in the “Non-Equity Incentive Plan Compensation” column are subject to the Company's clawback policies.

(3)This column includes the aggregate incremental costs to the Company of perquisites and personal benefits.

86 AIG 2026 PROXY STATEMENT

2025 Executive Compensation 2025 Summary Compensation Table

(a)Perquisites. The following table details the aggregate incremental cost to the Company of perquisites received by each named executive in 2025.

NamePersonal Use of Company Pool Cars / Car Allowance($)(i)Personal Useof Aircraft($)(ii)Financial Planning / Tax Services($)(iii)Other ($)(iv)Total ($)
Peter Zaffino11,072135,47918,555303,294468,400
Keith Walsh37,707—18,2596,80062,766
Rose Marie Glazer43,451———43,451
Jonathan Hancock65,906———65,906
Claude Wade49,706———49,706

(i)Amounts in this column include the incremental costs of driver compensation, fuel and maintenance attributable to use of Company pool cars for commuting purposes. Mr. Hancock's amount includes his annual car allowance ($17,410) and the incremental costs of driver compensation, fuel and maintenance attributable to Company pool cars for commuting purposes ($48,495).

(ii)The CMRC requires personal use of corporate aircraft for Mr. Zaffino and has approved an allowance for Mr. Zaffino of up to $195,000 per calendar year. Amounts in this column include personal use by Mr. Zaffino and his spouse of corporate aircraft, calculated based on the aggregate incremental cost of the travel to the Company. For use of corporate aircraft, aggregate incremental cost is calculated based on the direct operating cost of the aircraft, including fuel, maintenance, airport fees and assessments, crew expenses and in-flight supplies and catering, as applicable. If an aircraft traveled empty before picking up or after dropping off Mr. Zaffino and in some cases his spouse in connection with personal travel, the cost associated with this “deadhead” segment would be included in the incremental cost attributable to overall travel. For use of corporate aircraft owned by a third-party vendor, aggregate incremental cost is calculated based on the cost-per-flight-hour charged by the vendor as well as costs of fuel, taxes, crew expenses and airport fees and assessments, as applicable. For further information, see page 79.

(iii)Amounts in this column reflect the value of financial planning services and tax preparation services made available to our named executives.

(iv)Amounts in this column reflect (1) for Mr. Zaffino, residential security ($128,365), executive medical services ($120,000) and the reimbursement of legal fees incurred in connection with his employment arrangements ($54,929) and (2) for Mr. Walsh, annual executive medical ($6,800).

(b)Other Benefits. This column also includes matching and non-elective Company contributions under the 401(k) plan in the amount of $31,500 for Mr. Zaffino, Mr. Walsh, Ms. Glazer and Mr. Wade. Mr. Hancock's amount includes a $40,984 cash allowance in lieu of pension in 2025 and $252 for a length of service award.

All named executives are covered under the AIG Basic Group Life Insurance Plan. This column also reflects life insurance premiums paid for the benefit of the named executive officers in the amount of $300 for Mr. Zaffino, Mr. Walsh, Ms. Glazer, and Mr. Wade, and $1,353 for Mr. Hancock.

We maintain a policy of directors’ and officers’ liability insurance for the directors and officers. The premium for this policy for the policy year ended October 31, 2025 was approximately $9.4 million and for the policy year ending October 31, 2026 is approximately $7.9 million.

(4)Ms. Glazer was not a named executive prior to 2025. Mr. Hancock was not a named executive prior to 2024 and his salary, non-equity incentive plan compensation and all other compensation were converted to US dollars using the December 2025 monthly average FX rate of 1.33925.

(5)For Mr. Walsh, this represents a buy-out of the equity foregone from his prior employer.

AIG 2026 PROXY STATEMENT 87

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