NORTHERN TRUST CORP

State Commercial Banks·CHICAGO, IL·FY end 12/31·CIK 73124

Named Executive Officers

FY 2024

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Michael G. O’GradyChairman and Chief Executive Officer	$1.0M	$7.7M	—	$2.0M	$179.7K	$10.9M
Daniel E. GambaPresident, Asset Management	$675.0K	$2.7M	—	$1.2M	$84.6K	$4.7M
Peter B. CherecwichChief Operating Officer	$675.0K	$2.7M	—	$1.1M	$147.4K	$4.6M
Steven L. FradkinVice Chairman	$675.0K	$2.7M	—	$1.1M	$25.1K	$4.5M
Jason J. TylerPresident, Wealth Management (Former Chief Financial Officer)	$600.0K	$2.3M	—	$1.0M	$171.4K	$4.1M
David W. FoxJr. Chief Financial Officer	$560.0K	$726.0K	—	$657.0K	$74.2K	$2.0M

Michael G. O’Grady · FY 2024

Stock awards$7.7M70%

Performance bonus$2.0M19%

Salary$1.0M9%

Other$179.7K2%

TSR % vs. CEO comp actually paid · 5 fiscal years · Item 402(v) disclosure

TSR

CEO comp

FY20

-9%

$4M

FY21

+19%

$18M

FY22

-9%

$4M

FY23

-10%

$11M

FY24

+13%

$21M

CEO total compMedian employeePay ratio (right axis)