2018 Guide to Effective Proxies

2.17.8 Pay for performance alignment | 433 6 TH EDITION | GUIDE TO EFFECTIVE PROXIES METLIFE, INC. Compensation Discussion and Analysis The following charts show the metrics the Committee uses to determine the Performance Factor, and how the outcome is tied to Company performance. The charts also reflect the Committee’s determination of the Performance Factor for the 2015-2017 performance period; this award vested at the end of 2017. Adjusted ROE: 50% Component of Performance Factor TSR: 50% Component of Performance Factor 50 th percentile 87.5 th percentile 25% 100% 175% Performance Factor BELOW THRESHOLD THRESHOLD TARGET MAXIMUM ABOVE MAXIMUM 25 th percentile 17 th percentile Actual 1 st percentile Performance Factor BELOW THRESHOLD THRESHOLD MAXIMUM ABOVE MAXIMUM 92.5%* 0%* 25% 100% 175% TARGET 0% Adjusted ROE Performance (as a Percentage of Business Plan Goal) *2015-2017 Performance Factor component. TSR Performance (as a Percentile of Peers) *2015-2017 Performance Factor component. Performance Factor 46.3% (average) 0 % 80 % 100 % 120 % 2015-2017 8.7 % 10.7 % 10.9 % 13.1 % Actual 98% 2018 Proxy Statement 68