Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 4

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 4
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 26.9% in annual stockholder dividends to $3.30 per share. Our total stockholder return (“TSR”) (which includes the payment and reinvestment of dividends) for fiscal 2024 and the five-year period from January 1, 2020 through December 31, 2024 was 33.6% and 122.6%, respectively. TSR for fiscal 2024 was far higher than the S&P MidCap 400 Index return for 2024 of 13.9% and the S&P 500 Insurance Index return of 26.8%.

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| PROXY SUMMARY |

Distribution Results Our business showed strong results in fiscal 2024. In particular: • The number of life-licensed independent sales representatives was 151,611 at December 31, 2024 compared with 141,572 at December 31, 2023; • New life insurance licenses increased 14.7% to 56,320 compared with 49,096 in the fiscal year ended December 31, 2023 (“fiscal 2023”); • Recruiting of new independent representatives increased to 445,425 compared with 361,925 in fiscal 2023; • Issued term life insurance policies increased 3.2% to 370,396 compared with 358,860 in fiscal 2023. Issued face amount was $122.2 billion in fiscal 2024 compared with $119.1 billion in fiscal 2023; • Term life insurance claims paid to policy beneficiaries was $1.8 billion in both fiscal 2024 and fiscal 2023; • Value of client assets at December 31, 2024 was $112.1 billion compared with $96.7 billion at December 31, 2023; • Investment and Savings Products (“ISP”) sales increased 31.1% to $12.1 billion compared with $9.2 billion in fiscal 2023; and • The number of mutual fund-licensed sales representatives increased slightly to approximately 25,500 at December 31, 2024 from 25,272 at December 31, 2023. Corporate Performance The bar graphs below depict our performance over the past five fiscal years for the four metrics that we use to measure annual corporate performance under our incentive compensation program. These metrics do not reflect financial results prepared in accordance with United States generally accepted accounting principles (“GAAP”). See “Reconciliation of GAAP and Non-GAAP