Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 51

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 51
---
 |     | Retirement Plan |     |      |     |                  |    — |     |         |     |                     |       — |     |         |     |       — |                                    |     |   |     | — |                  |
|                    |     | Excess Pension Plan |     |                 |     |    — |     |                  |      |     |       — |     |                     |         |     |       — |     |         |                                    |     | — |     |   |                  |
| Amy Stepnowski     |     |                     |     | Retirement Plan |     |      |     |                  | 4.33 |     |         |     |                     |  90,132 |     |         |     | 100,271 |                                    |     |   |     | — |                  |
|                    |     | Excess Pension Plan |     |                 |     | 4.33 |     |                  |      |     |  30,631 |     |                     |         |     |  34,077 |     |         |                                    |     | — |     |   |                  |

(1) This column reflects the years of credited service under the Retirement Plan and Excess Pension Plan (each a "Plan" or together the "Plans") as of December 31, 2012. Benefit accruals ceased as of December 31, 2012 under each Plan. As of December 31, 2024, Messr. Swift and Mses. Costello and Stepnowski were vested at 100% in their cash balance accounts under the Plans. Having joined the Company after December 31, 2012, when these Plans were frozen, Mr. Tooker and Ms. Soni do not have a benefit under either Plan.

(2) The present value of accumulated benefits under each Plan is calculated assuming that benefits commence at age 65, no pre-retirement mortality, a lump sum form of payment and the same actuarial assumptions used by the Company for GAAP financial reporting purposes. The present value is determined using a discount rate of 5.65%, and the cash balance amounts are projected to age 65 using an assumed interest crediting rate of 4.36% for 2025 and 4.30% for 2026 and beyond.

Cash Balance Formula

For employees hired on or after January 1, 2001, including Messr. Swift and Mses. Costello and