Company: HUM
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-048976
Chunk: 73

Company: HUMANA INC
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 73
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�| 2025 Proxy Statement • Executive Compensation |

Pursuant to our long-standing Company policy, the CIC Policy does not include an excise tax gross-upprovision with respect to payments contingent upon a change in control. (4) Pension and Retirement Plans In the event of termination, each NEO would receive their account balance under the Humana Retirement Equalization Plan and the Humana Deferred Compensation Plan, as disclosed in the Nonqualified Deferred Compensation table, together with their Humana Retirement Savings Plan benefit. The Humana Retirement Savings Plan is a qualified 401(k) plan generally available to all Humana associates. The Humana Retirement Savings Plan amounts are payable under various forms of distribution, the specific form to be elected by the participant. The forms of distribution are a single lump sum in cash or our common stock (if invested in the Humana common stock fund); substantially equal monthly, quarterly, or annual installments for a period of 5, 10, 15 or 20 years not to exceed the life expectancy of the participant, or the joint and last survivor expectancy of the participant and a designated beneficiary. At December 31, 2024, the account balances under the Humana Retirement Savings Plan — which include both the individual’s contribution and the Company’s contributions — for the NEOs are as follows (which amounts are not included in the table above):

| James A. Rechtin       |     | $ |    24,368 |
| David E. Dintenfass    |     | $ |    11,608 |
| Sanjay K. Shetty, M.D. |     | $ |    77,173 |
| George Renaudin II     |     | $ | 3,013,173 |

(5) Retirement As noted above, under the Stock Plan, the definition of retirement eligibility means a combination of age and years of service with the Company totaling 65 or greater, with a minimum required age of 55 and a minimum requirement of five years of service. For additional information on the stock options and restricted stock units held by each of our NEOs, please refer to the table titled, “Outstanding Equity Awards at Fiscal Year End” in this proxy statement. The table above does not include amounts that would be realized from continued vesting of stock option and restricted stock unit awards. (6) Life, Health and Other Benefits Upon termination (other than a termination in connection with a Change in Control as described above), all officers