Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 102

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 102
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 or in addition or in relation to any other Award. The terms of each Award need not be identical, and the Committee need not treat Participants uniformly.

b. Other Stock-Based Awards . The Committee may grant Awards of Shares (as defined in Section 5), and other Awards that are valued in whole or in part by reference to, or are otherwise based on, Shares or other property ( " Other Stock-Based Awards " ). Such Other Stock-Based Awards may also be available, upon vesting, as a form of payment in the settlement of other Awards granted under the Plan or as payment in lieu of compensation to which a Participant is otherwise entitled.

c. Cash Based Awards . The Committee or the Company may also grant Awards under this Plan that are settled or denominated in cash rather than Shares (" Cash-Based Awards " ) .

d. Substitute Awards . In connection with a merger or consolidation of an entity with the Company or the acquisition by the Company of property or stock of an entity, the Committee may grant Awards in substitution for any options or other stock or stock-based awards granted by such entity or an affiliate thereof (“ Substitute Awards ”). Substitute Awards may be granted on such terms as the Committee deems appropriate under the circumstances. Substitute Awards shall not count against the overall share limit set forth in Section 5(a) or any sublimits contained in the Plan, except as may be required by reason of Section 422 and related provisions of the Code.

e. Dividends or Dividend Equivalents . The Committee may provide that an Award of Restricted Stock or Performance Shares shall be credited with dividends or that an RSU or other Performance-Based Award shall be credited with units or equivalents to reflect dividends declared on Shares (“ Dividend Equivalents ”), as set forth in the Award agreement. Unless the Committee shall otherwise determine (either at or after grant), all dividends or Dividend Equivalents credited to an Award under this Plan of Restricted Stock, RSUs or Performance-Based Awards shall be deemed reinvested in that number of Restricted Stock, RSUs or Performance Awards, as applicable, determined based on the Fair Market Value on the date the corresponding dividend on the Share is payable to stockholders. Unless the Committee determines otherwise, “ Fair Market Value ” shall be deemed, as of any date, to be equal to the reported closing price for one Share on the New York Stock Exchange (“ NYSE ”) or, if no sales of Shares have taken place on such date, the reported closing price on the most recent date on which selling prices were quoted