Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 23

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 23
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 2015 and are independent under the standards set forth by the New York Stock Exchange (“NYSE”) and our Corporate Governance Guidelines. However, certain proxy advisory firms view former chief executive officers as permanently affiliated with the company they led and therefore never independent. As a result, the Board has elected to designate Mr. R. Williams and Mr. Addison as not independent. Mr. G. Williams, our Chief Executive Officer, is not independent because he is a member of management and an employee of the Company. Our Board annually assesses the outside affiliations of each director to determine if any of these affiliations could cause a potential conflict of interest or could interfere with the independence of the director. Based on information furnished by all directors regarding their relationships with Primerica and its subsidiaries and research conducted by management and discussed with our Board with respect to outside affiliations, our Board has determined that none of the remaining directors who served on our Board during fiscal 2024 has or had a material relationship with Primerica other than through his or her role as director and, except as set forth above, each is independent because he or she satisfies: • The categorical standards set forth below; • The independence standards set forth in Rule 10A-3 of the Securities Exchange Act of 1934, as amended ("Exchange Act"); and • The criteria for independence set forth in Section 303A.02(b) of the NYSE Listed Company Manual. A determination of independence under these standards does not mean that a director is disinterested under Section 144 of the Delaware General Corporation Law. Each director, relevant committee and our full Board may also consider whether any director is interested in any transaction brought before our Board or any of its committees for consideration. Independence of Committee Members Throughout fiscal 2024, the Audit, Compensation and Corporate Governance Committees have been fully independent in accordance with the NYSE Listed Company Manual and our Board’s director

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independence standards described above. In fiscal 2024, no member of these committees received any compensation from Primerica other than directors’ fees, and no member of the Audit Committee was or is an affiliated person of Primerica (other than by virtue of his or her directorship). Members of the Audit Committee meet the additional standards of audit committee members of publicly traded companies required by the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”). Throughout fiscal 2024, members of the Compensation Committee qualified as non-employee directors as defined