Company: ELV
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001156039-25-000046
Chunk: 68

Company: Elevance Health, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 68
---
 of December 31, 2024. As noted below, the plan has been frozen and only applies to participants who were active associates as of the date the plan was frozen. Mr. Kendrick is the only NEO who was a participant at the time the plan was frozen.

| Name            
 Gail Boudreaux  
 Mark Kaye       
 Peter Haytaian  
 Felicia Norwood |     | Plan Name                           
 N/A                                 
 N/A                                 
 N/A                                 
 N/A                                 |     | Number of Years     
 of Credited Service 
 (#)(1)              |    — 
    — 
    — 
    — |     | Present Value of Accumulated Benefit 
 ($)(2)                               |     |   |       — 
       — 
       — 
       — |     | Payments During the Last Fiscal Year 
 ($)                                  | — 
 — 
 — 
 — |
|:----------------|:----|:------------------------------------|:----|:--------------------|-----:|:----|:-------------------------------------|:----|:--|--------:|:----|:-------------------------------------|:--|
| Morgan Kendrick |     | Elevance Health Cash Balance Plan A |     |                     | 8.75 |     |                                      |     | $ | 180,071 |     |                                      | — |

(1) Mr. Kendrick's years of actual service are greater than the credited service because the plan is frozen.

(2) Assumptions used in the calculation of the amounts in this column are included in Note 11 to our Consolidated Financial Statements, included in Part II, Item 8 of our Form 10-K.

#### Elevance Health Cash Balance Plan A
On January 1, 1997, we converted the Anthem Cash Balance Plan (the “Pension Plan”), a non-contributory pension plan for certain associates, from a final average compensation pension plan into a cash balance pension plan. The Pension Plan covered substantially all full-time, part-time and temporary associates, including NEOs, and provides a monthly benefit at age 65, the normal retirement age under the Pension Plan. Effective January 1, 2006, participation was frozen, and effective June 28, 2022, the Pension Plan was renamed the Elevance Health Cash Balance Plan A. With the exception of Mr. Kendrick, none of the NEOs is eligible to participate in this plan. While Mr. Kendrick's benefit accruals under this plan are frozen, interest is still credited on his existing account balance