Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 87

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 87
---
's operating performance for the same reasons applicable to its underlying measure, core earnings. Net income (loss) available to common stockholders per diluted common share is the most directly comparable GAAP measure. Core earnings per diluted share should not be considered as a substitute for net income (loss) available to common stockholders per diluted common share and does not reflect the overall profitability of the Company's business. Therefore, the Company believes that it is useful for investors to evaluate net income (loss) available to common stockholders per diluted common share and core earnings per diluted share when reviewing the Company's performance. Below is a reconciliation of net income available to common stockholders per diluted share to core earnings per diluted share for the year-ended December 31, 2024.

|                                                                                                                                 |     |   |       | Year Ended    
 Dec. 31, 2024 |
|:--------------------------------------------------------------------------------------------------------------------------------|:----|:--|------:|:--------------|
| Net Income available to common stockholders per diluted share                                                                   |     | $ | 10.35 |               |
| Adjustments made to reconcile net income available to common stockholders per diluted share to core earnings per diluted share: |     |   |       |               |
| Net realized losses, excluded from core earnings, before tax                                                                    |     |   |  0.19 |               |
| Restructuring and other costs, before tax                                                                                       |     |   |  0.01 |               |
| Integration and other non-recurring M&A costs, before tax                                                                       |     |   |  0.03 |               |
| Change in deferred gain on retroactive reinsurance, before tax                                                                  |     |   | -0.28 |               |
| Core earnings per diluted share                                                                                                 |     | $ | 10.30 |               |

| 84 |     | www.thehartford.com |

| APPENDIX B |

APPENDIX B: SUMMARY OF THE HARTFORD 2025 LONG TERM INCENTIVE STOCK PLAN

Set forth below is a description of the material terms of The Hartford 2025 Long Term Incentive Stock Plan (the “2025 LTI Stock Plan”). The following summary is qualified in its entirety by reference to the specific provisions of the proposed form of the 2025 LTI Stock Plan, the full text of which is available in Appendix C to this Proxy Statement. Capitalized terms used but not defined herein shall have the meanings set forth in the 2025 LTI Stock Plan.

General