Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 90

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 90
---
 the adoption of the 2025 LTI Stock Plan will enable the company to continue providing an effective source of incentives to reward the efforts of highly motivated employees, and to attract new employees in an effort to meet the varying business needs of the company and to compete effectively in its markets. In addition, the 2025 LTI Stock Plan provides for awards to non-employee directors in connection with their compensation for services on the Board of Directors, consistent with the company’s desire that non-employee directors achieve stock ownership levels equivalent to five times their annual cash retainer for service on the company’s Board of Directors by the third anniversary of the director’s appointment to the Board of Directors. The 2025 LTI Stock Plan also permits

| 2025 Proxy Statement |     | 85 |

| APPENDIX B |

awards to third party service providers. Awards may be granted by the Compensation Committee in its discretion and, therefore, future benefits to be allocated to any individual or group of individuals under the 2025 LTI Stock Plan are not presently determinable.

The Board has determined that it is in the best interests of the company and its shareholders to adopt the 2025 Long Term Incentive Stock Plan.

Eligibility. All employees, officers and directors of the Company are eligible to receive grants under the 2025 LTI Stock Plan. The Committee may also grant awards under the 2025 LTI Stock Plan to certain consultants and advisors. As of December 31, 2024, the Company had approximately 19,147 employees. In 2024, awards were granted under the 2020 Stock Incentive Plan to approximately 2,253 employees, Company’s directors, and no consultants or advisors.

Plan Administration. The Compensation and Management Development Committee (the “Compensation Committee”), all of the current members of which are “non-employee directors” within the meaning of Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and “independent directors” under the standards set forth in the company’s Corporate Governance Guidelines, in accordance with the requirements of the listing standards of the New York Stock Exchange will administer the 2025 LTI Stock Plan. The Compensation Committee will make determinations, including but not limited to, the designation of those participants or groups of participants who shall receive awards, the number of shares to be covered by options, SARs, Restricted Stock, RSUs, and other types of awards, the exercise price of