Company: CI
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001739940-25-000015
Chunk: 54

Company: Cigna Group
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 54
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 the achievement of the Company’s short- and long-term performance goals.

• An annual incentive plan aligned to the Company’s annual financial and other strategic goals.

• An equity-based incentive plan (LTIP) that aligns compensation with long-term shareholder value creation.

• The retention of an independent compensation consultant to assist the Committee in its design and implementation of the Company’s executive compensation programs.

• Ongoing monitoring of compensation and governance best practices and investors’ and our shareholders’ views on compensation and adjusting our compensation program as appropriate in light of changes in those best practices.

For information on the oversight of the executive compensation program, see “Processes and Procedures for Determining Executive Compensation” in this CD&A.

| 58 |     | The Cigna Group| 2025 Notice of Annual Meeting of Shareholders and Proxy Statement |

| COMPENSATION MATTERS |

Compensation Data

The Committee establishes compensation levels based on a variety of factors, including an analysis of relevant published market compensation data of the Company’s compensation peer group and a general industry peer group.

Peer Groups

The Committee utilizes three peer groups:

| Compensation Peer Group     |     | Used in setting target compensation levels, composed of companies in industries from which we compete for talent                                                                                                                                                                                                                                           |
| General Industry Peer Group |     | Used as an additional reference in setting target compensation to provide a broader perspective on market practices, particularly for those executive officers with job functions that could apply to a variety of industries, in recognition of the fact that The Cigna Group often competes for talent with companies beyond its compensation peer group |
| TSR Peer Group              |     | Used to assess relative TSR performance within the SPS program; we measure our performance and compete for capital with these companies                                                                                                                                                                                                                    |

Compensation Peer Group. The compensation peer group contains companies primarily in the managed health care, pharmacy benefit management, consumer/retail distribution, multiline financial services/insurance, and national distribution/logistics industries, with the individual peer companies generally having revenues greater than $50 billion to 2.5 times that of The Cigna Group and market capitalizations of approximately 0.33 to 3.0 times that of the Company. The 2024 compensation peer group consists of the companies listed in the table below, which is consistent with the compensation peer group for 2023.

| Compensation Peer Group for 2024 |     |                            |     |                                 |
| AT&T Inc.                        |     | FedEx Corporation          |     | Sysco Corporation               |
| Cardinal Health,