E. William Parsley III

Chief Operating Officer (COO) at PNC FINANCIAL SERVICES GROUP

Since February 2018

Age

59 years

Tenure

Joined PNC in 2003 and has held roles including Treasurer and Chief Investment Officer starting in 2004, Executive Vice President from 2009, and Chief Operating Officer since February 2018.

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About

E. William Parsley III has built a distinguished career at PNC, where he joined in 2003 and has consistently taken on increased responsibilities over the years.

He served as Treasurer and Chief Investment Officer starting in 2004 and was later named Executive Vice President in 2009, showcasing his deep engagement with the firm's financial strategies and leadership.

In February 2018, he was appointed Chief Operating Officer, a role in which he oversaw key operational functions including asset and liability management, capital strategy, and regulatory stress testing. His efforts contributed to improvements in key financial metrics such as the CET1 capital ratio.

While the documents do not provide personal background or details about his education, his professional journey reflects a strong commitment to strategic leadership and talent development at PNC.

Past Roles

Organization	Role	Date Range	Details
PNC	Head of Consumer Lending	Spring 2016 - Feb 2018	Held before becoming COO
PNC	Treasurer and Chief Investment Officer	2004 - Feb 2018	Held from 2004 until promotion to COO

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Salary	$700,000	2024 Annual	Fixed base salary for 2024
All Other Compensation	$23,700	2024 Annual	Comprises $10,000 in Perquisites and Other Personal Benefits and $13,700 in Registrant ISP Contributions
Pension Benefits	N/A	N/A	Not applicable for 2024
Deferred Compensation	N/A	N/A	Specific details not provided for 2024
Termination and Change in Control Benefits	Varies (e.g., up to $38,330,314 in Change in Control benefits)	Contingent on event occurrence	Includes: Termination without Cause (Unvested Equity $13,657,660), Retirement (Unvested Equity $18,648,346), Change in Control (Total $38,330,314 with breakdown: Cash Severance $7,324,393, Base Salary $1,400,000, Bonus $5,924,393, Enhanced Benefits $287,308, Defined Benefit $218,110, Defined Contribution $27,600, General Benefits & Perquisites $41,598, Unvested Equity breakdown: RSUs $5,295,618, PSUs $11,765,335, PRSUs $13,657,660; plus Disability and Death benefits)

Performance Compensation

Data from FY 2024

Annual Stock Award (2024)

Metric	Value
PSUs Target	20,558 units
PSUs Maximum	30,837 units
PSUs Payout Range	0–150%
PSUs Grant Date Fair Value	$3,060,058
RSUs Target	13,706 units
RSUs Maximum	13,706 units
RSUs Payout Range	0–100%
RSUs Grant Date Fair Value	$2,040,138
Vesting (PSUs)	Vest on December 31, 2026
Vesting (RSUs)	1/3 vest on each anniversary from the grant date (Feb 16, 2024)
Performance Metrics	ROE and EPS growth rank
Performance Period	January 1, 2024 – December 31, 2026

Non-Equity Incentive Plan Compensation (2024)

Metric	Value
Annual Incentive Award Maximum	$2,700,000
Equity Grant Date	Feb 16, 2024
PSUs & RSUs	Same as Annual Stock Award details above

Option Exercises and Stock Vested (2024)

Metric	Value
Shares Vested	34,873 shares
Value Realized on Vesting	$5,181,544
Vesting Dates	Various dates in 2024 (including vesting on Feb 10, 2024 and Feb 16, 2024 for portions of 2022 and 2023 RSUs)

These performance compensation components are contingent on achieving the specified performance metrics, with equity awards evaluated over a multi‐year performance period and vesting schedules based on either time or performance outcomes. All dollar amounts, unit quantities, and percentages are exact as reported for 2024.