Company: HUM
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-048976
Chunk: 18

Company: HUMANA INC
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 18
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, as discussed in more detail below, and took a number of actions in line with the key focus areas of our investors.

| 2024 Fall Outreach & Engagement Statistics |     |                                 |     |                        |
| Stockholders Invited                       |     | Stockholders Accepted & Engaged |     | Director Participation |

| 22 |     | Humana | 2025 Proxy Statement • Corporate Governance |

Key Engagement Themes The Board appreciates the opportunity to connect directly with stockholders to achieve meaningful dialogue and to gain insight and perspective on their priority issues. Stockholder perspectives are a key consideration in Board and Committee dialogue and action, particularly on matters and topic areas where we have regular communication with our investors. The Board welcomes feedback and believes these practices are in the best interest of our Company and our stockholders. Discussions with stockholders in 2024 covered a broad range of themes and topics, including:

| Industry Dynamics and   
 Board Oversight of      
 Long-Term Strategy      |     | •   Strategic oversight of long-term business outlook including Star Ratings, regulatory environment, capital allocation, and industry trends                                                                                                                                        |
| Board Composition and   
 Refreshment             |     | •   Director refreshment process, including new Director appointments and the skills and attributes brought to the Board as well as go-forward priorities •   Board composition, with a focus on skillsets and diversity •   Board Committee leadership, composition and refreshment |
| Executive               
 Compensation            |     | •   Alignment of incentive metrics with business evolution and importance of long-term pay for performance alignment •   Potential changes to the compensation program in 2025 and beyond, in the context of management succession and industry dynamics                             |
| Management              
 Succession              |     | •   Search, selection, and onboarding process for the CEO succession that took place in 2024 •   Board’s oversight of broader management team changes                                                                                                                                |
| Majority Voting         |     | •   Actions taken in response to stockholder support levels for Management and Stockholder Proposals regarding simple voting requirement standards at our 2024 Annual Meeting                                                                                                        |
| Emerging Oversight      
 Areas & Sustainability- 
 Related Initiatives     |     | •   Cybersecurity practices and Board oversight •   Use of