Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 5

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 5
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 Financial Measures” in Exhibit A to this Proxy Statement for a reconciliation to 2024 GAAP results. Reconciliations for earlier years are available through the Financial Info section of our investor relations website at https: // investors.primerica.com .

| Primerica 2025 Proxy Statement | 3 |

| PROXY SUMMARY |

(1) Amounts for the fiscal year ended December 31, 2022 ("fiscal 2022") and the fiscal year ended December 31, 2021 ("fiscal 2021") reflect adjustments from originally published amounts due to the adoption of Accounting Standards Update No. 2018-12, Financial Services—Insurance (Topic 944) — Targeted Improvements to the Accounting for Long-Duration Contracts (“ASU 2018-12”) or (“LDTI”). (2) Financial results for fiscal 2023 have been restated from the Proxy Statement for the Company's Annual Meeting of Stockholders held on May 8, 2024 (the "2024 Proxy Statement") to exclude the results of the Senior Health business, which has been reported as a discontinued operation. Refer to the 2024 Annual Report for a definition of the Senior Health business. Financial results for fiscal 2022 and fiscal 2021 have not been restated from the 2024 Proxy Statement so they still include the results of the Senior Health business, which was acquired on July 1, 2021 and disposed of on September 30, 2024. Strategic Initiatives Primerica is a leading provider of financial products to middle-income households in the United States and Canada with 151,611 licensed independent sales representatives as of December 31, 2024. These licensed independent sales representatives assist our clients in meeting their needs for term life insurance, which we underwrite, and mutual funds, annuities, managed investments and other financial products, which we distribute primarily on behalf of third parties. We insured over 5.5 million lives and had approximately 3.0 million client investment accounts as of December 31, 2024. Our business model uniquely positions us to reach underserved middle-income consumers in a cost-effective manner and has proven itself in both favorable and challenging economic environments. Our purpose is to create financially independent families. Our strategic vision, in support of this purpose, is to build unparalleled financial services distribution capabilities that enable our clients, independent sales force, home office associates and stockholders to achieve their financial goals. We believe there is significant opportunity to meet