Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 9

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 9
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 Compensation Committee reduced his compensation by 20% from September 1, 2022 through December 31, 2024. If not for this reduction, his base salary in 2024 would have been $750,000, his 2024 equity award value would have totaled $5,250,000, his short-term cash bonus for 2024 would have been $2,211,000 and his total compensation for 2024 would have been $7,632,509.

| Primerica 2025 Proxy Statement | 7 |

Matters to b e Voted On Proposal 1: Ele ction of Directors • What am I Voting on? The Board is asking our stockholders to elect each of the eleven director nominees named in this Proxy Statement to hold office until the Company’s Annual Meeting of Stockholders in 2026 (the “2026 Annual Meeting”) and until his or her successor is elected and qualified. • Voting Recommendation: “FOR” the election of the eleven director nominees. • Vote Required: A director will be elected if the number of shares voted “FOR” that director nominee exceeds the number of votes “AGAINST” that director nominee. See “Board of Directors” beginning on page 27 for more information. We ask that our stockholders elect the eleven director nominees named below to our Board of Directors to serve until the 2026 Annual Meeting. Stockholders have the option to vote “FOR”, vote “AGAINST” or “ABSTAIN” from voting with respect to each director nominee. Our Third Amended and Restated By-Laws (“By-Laws”) provide for majority voting for directors in uncontested elections. As a result, each director will be elected by a majority of the votes cast, meaning that each director nominee must receive a greater number of shares voted “FOR” such director nominee than the shares voted “AGAINST” such director nominee. Primerica is a Delaware corporation and, under Delaware law, if an incumbent director is not elected, then that director remains in office until the director’s successor is duly elected and qualified or until the director’s earlier resignation or removal. To address this potential outcome, our By-Laws provide that, if an incumbent director does not receive a greater number of shares voted “FOR” such director than shares voted “AGAINST” such director, then such director must tender his or her resignation to the Board. In that situation, the Corporate Governance Committee would make a recommendation to the Board about whether to accept or reject the resignation or whether