Company: CRD-A
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001558370-25-004509
Chunk: 71

Company: CRAWFORD & CO
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 71
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 Any shares that are not voted will have no impact on the outcome of the vote on the Plan. Unless otherwise instructed, the persons named in the Proxy (R. Verma, W.B. Swain and T.E. Stevenson) will vote proxies held by them FOR the proposed amendment to the Plan.

In the event Shareholders do not approve the Plan, no additional shares will be added to the Plan and when all authorized shares are distributed, the Plan with terminate.

The Board of Directors unanimously recommends a vote FOR the approval of the proposed amendments to the Crawford & Company 2016 Employee Stock Purchase Plan.

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#### ​PROPOSAL 3 – ADVISORY VOTE ON APPROVAL OF EXECUTIVE COMPENSATIONThe Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”) provides Shareholders with the right to vote to approve, on an advisory (nonbinding) basis, the compensation of the Company’s named executive officers as disclosed pursuant to the compensation disclosure rules of the SEC. This advisory vote is commonly referred to as the “say-on-pay” vote. The Company currently provides its Shareholders a say-on-pay vote every two years. We believe every other year is the appropriate timing for this vote because a significant portion of our named executive officers’ compensation opportunity is at risk over a multi-year time and performance period. Full implementation and execution of our compensation philosophy and programs, and evidence thereof, is often a multi-year process. We believe a vote every two years helps ensure proper visibility into our long-term results and creation of shareholder value, and associated compensation. In addition, it helps reduce the possibility of irregular or anomalous results in any one year that may unduly impact the amount of compensation paid and, consequently, the results of a vote on such compensation. In the Company’s most recent advisory say-on-pay vote at the Company’s 2023 Annual Meeting of Shareholders, approximately 92.1% of votes cast were “for” approval of the executive compensation as disclosed in our proxy statement relating to the 2023 Annual Meeting of Shareholders. The Compensation and Human Capital Committee has considered the outcome of this vote in its ongoing establishment and oversight of the compensation of the executive officers of the Company.Our executive compensation program has been designed to implement certain core compensation principles, namely “pay for performance” and alignment of management’s interests with our Shareholders’ interests to support long-term value creation and encourage an appropriate level of risk-taking behavior