Company: HUM
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-048976
Chunk: 69

Company: HUMANA INC
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 69
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 the deferral balance is less than $100,000, then payment will be made in lump sum regardless of the participant’s election. During 2024, none of our Named Executive Officers participated in the Humana Deferred Compensation Plan. Potential Payments Upon Termination or Change in Control of the Company In accordance with our past disclosure practice, the table and footnotes below disclose amounts payable to our Named Executive Officers under various scenarios had such occurred as of December 31, 2024. The Named Executive Officers would each receive certain payments upon termination from the Company which vary in amount depending on the reason for termination. Each Named Executive Officer would also receive a specified payment in connection with a change in control of the Company. The table below provides dollar amounts for all potential payments that would be paid by us to each Named Executive Officer under various scenarios involving either a termination or a change in control. The payments to our Named Executive Officers are governed by the various agreements or arrangements described in the footnotes to the table. The timing of the payments described below to the Named Executive Officers may also be subject to the provisions of Section 409A which may delay payment.

| Name and Form of Payment                   |     | Voluntary   
 Termination 
 $           |   |     | Involuntary 
 Termination 
 without     
 Cause(1)    
 $           |           |     | Involuntary 
 Termination 
 for Cause   
 $           |   |     | Retirement(5) 
 $             |   |     | Death or      
 Disability(2) 
 $             |           |     | Change in  
 Control(3) 
 $          |            |
| James A. Rechtin                           |     |             |   |     |             |           |     |             |   |     |               |   |     |               |           |     |            |            |
| •  Severance                               |     |             | 0 |     |             | 7,500,000 |     |             | 0 |     |               | 0 |     |               |         0 |     |            |  9,375,000 |
| •  Life, Health & Other Benefits(6)        |     |             | 0 |     |             |         0 |     |             | 0 |     |               | 0 |     |               |         0 |     |            |     59,200 |
| •  Stock Options (