Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 12

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 12
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 See “Audit Matters” beginning on page 90 for more information. We ask that our stockholders ratify the appointment of KPMG as our independent registered public accounting firm for fiscal 2025. The Audit Committee has authority to retain and terminate the Company’s independent registered public accounting firm. The Audit Committee has appointed KPMG as our independent registered public accounting firm to audit the consolidated financial statements of the Company and its subsidiaries for fiscal 2025, as well as the Company’s internal control over financial reporting. Although stockholder ratification of the appointment of KPMG is not required, our Board of Directors believes that submitting the appointment to our stockholders for ratification is a matter of good corporate governance. If our stockholders do not ratify the appointment of KPMG, then the Audit Committee will reconsider the appointment. Aggregate fees for professional services rendered by KPMG were $4.6 million and $5.4 million for fiscal 2024 and fiscal 2023, respectively. The decrease in fees for fiscal 2024 was largely due to higher audit fees in 2023 related to the new GAAP accounting standard for insurance contracts (referred to as LDTI) and the adoption of IFRS 17 (Insurance Contracts) statutory accounting standard in Canada. Stockholders have the option to vote “FOR”, vote “AGAINST” or “ABSTAIN” from voting with respect to this proposal. One or more representatives of KPMG are expected to be present at the Annual Meeting. The representatives will have an opportunity to make a statement if they desire to do so and will be available to respond to appropriate stockholder questions.

| Primerica 2025 Proxy Statement | 11 |

Governance em Our Board oversees the business and affairs of the Company, aligns management and stockholder interests and is driven by the directors’ belief that good corporate governance is a critical factor in our continued success. Through the Governance section of our investor relations website at https: // investors.primerica.com , our stockholders have access to key governing documents such as our Code of Conduct, Corporate Governance Guidelines and the charters of each committee of the Board. Bo ard Structure Our Board currently consists of eleven directors. The Company’s governance documents provide our Board with flexibility to select the appropriate leadership structure for the Company. The Company has a non-executive Chairman of the Board and an independent Lead Director. Our Board believes that this structure is the most appropriate leadership structure for the Company at this time and is in the best interests