Company: ELV
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001156039-25-000046
Chunk: 5

Company: Elevance Health, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 5
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 Shareholder Proposal 
 äPage73                         |     |                                                                                                         |     | Proposal 4                                
 OneProposal was Submitted by Shareholders |
|                                 |     | Shareholder proposal requesting report on the effectiveness of Diversity, Equity and Inclusion efforts. |     |                                           |

#### Forward-Looking Statements
This Proxy Statement contains certain “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect our views about future events and financial performance and are generally not historical facts. Words such as “expect,” “feel,” “believe,” “will,” “may,” “should,” “anticipate,” “intend,” “estimate,” “project,” “forecast,” “plan” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in or implied or projected by the forward-looking statements. These statements include, but are not limited to: financial projections and estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to future operations, products and services; and statements regarding future performance. Such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Factors that could cause actual results to differ materially from expectations include, but are not limited to, the risks discussed in our Form 10-K, including the sections captioned "Forward-Looking Statements" and "Risk Factors", and our other Securities and Exchange Commission (“SEC”) filings. Except to the extent required by federal securities laws, we do not undertake to update or revise these forward-looking statements to reflect events or circumstances after the date hereof.

#### 2025 Proxy Statement5

#### Proxy Summary

#### Our Purpose, Strategy and Values
| Purpose                          
 Improving the Health of Humanity |     |                                                                                                   |     |                                                                                                                                                        |     |                                                                                                                                               |     |                                                                                              |
|                                  |     | Strategy Framework                                                                                |     |                                                                                                                                                        |     |                                                                                                                                               |     |                                                                                              |
|                                  |     | Investing in our talent                                                                           |     | Transforming our business model                                                                                                                        |     | Executing on growth opportunities                                                                                                             |     | Enabling care providers                                                                      |
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