Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 30

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 30
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ATION MATTERS |

3. LONG-TERM INCENTIVEAWARDS

Long-term incentive ("LTI") awards are designed to drive long-term performance and encourage share ownership among Senior Executives, aligning their interests with those of shareholders. LTI awards are granted on an annual basis following an assessment of individual performance and market data. For 2024, the Compensation Committee updated the LTI award mix from 50% performance shares and 50% options to 75% performance shares and 25% options. In addition, the weighting of performance metrics within performance shares was changed from 50% Compensation Core ROE and 50% TSR to two-thirds Compensation Core ROE and one-third TSR, as illustrated below. This LTI mix continues to rewards stock price performance, peer-relative shareholder returns (stock price and dividends) and operating performance. The heavier weighting of performance shares linked to Compensation Core ROE within LTI emphasizes a strategic measure that drives shareholder value creation, and highlights our dedication to executing our strategy for achieving and sustaining long-term profitable growth.

| 2023-2025 LTI Awards                             |     |                                |     |   |     | 2024-2026 LTI Awards |     |                    |
| Stock Options                                    
 50%                                              |     | Performance Shares             
 (TSR-linked)                   
 25%                            |     | ➞ |     | Stock Options        
 25%                  |     | Performance Shares 
 (TSR-linked)       
 25%                |
| Performance Shares(Compensation Core ROE-linked) 
 25%                                              |     | Performance Shares             
 (Compensation Core ROE-linked) 
 50%                            |     |   |     |                      |     |                    |

#### 2024-2026 Performance Shares (75% of LTI Award)
Performance shares are designed to reward and retain Senior Executives by allowing them to earn shares of our common stock based on predetermined performance criteria. Performance shares have a three-year performance period, and are settled in shares of common stock ranging from 0% to 200% of the number of performance shares granted depending upon the performance achieved on the following metrics:

| Performance Metric                 |     | Rationale                                                                                            |
| Compensation Core ROE              
 (two thirds of performance shares) |     | Strategic measure that drives shareholder value creation                                             |
| Peer-relative TSR                  
 (one third of performance shares)  |     | Measure of our performance against peers that are competinginvestment choices in the capital markets |

Compensation