Company: ELV
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001156039-25-000046
Chunk: 22

Company: Elevance Health, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 22
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 with community organizations that create support networks. Using our extensive data, we also identify the resources needed to support local residents, including the people we serve, to ensure those resources can better meet local needs. The Elevance Health Foundation (our “Foundation”) assists in carrying out several of these initiatives.

| Our Foundation surpassed its three-year,$90 million commitmentwith over$97 million awarded to over 12,000 nonprofitsover a three-year period |     | Over280,000 volunteer hours(24% increase over 2023) and$7.9 million donatedthrough our Associate Engagement Programs in 2024 |     | Whole Health Index, our proprietary dynamic modeling tool, emphasizes population health  by targeting and tracking improvements in community health |

#### Improve Maternal-Child Health
We are dedicated to improving maternal health outcomes with member-focused initiatives, value-based provider strategies, predictive modeling and grants awarded through our Foundation. To date, our Foundation has awarded $30 million to 46 organizations as part of its plan to invest $30 million over a three-year period ended in 2024 to support programs that help women and their babies achieve optimal health and well-being. From a national partnership with March of Dimes to address maternity care deserts to local doula training programs and perinatal mental health support, all of our Foundation grants are working toward one of three goals: reducing pre-term birth, reducing maternal morbidity and mortality and/or reducing primary c-section rate.

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#### Corporate Governance
In 2024, the NCQA recognized our maternal health program, Obstetrics Practice Consultant, with the Health Innovation Award based on the program's implementation of leading-edge strategies that improve both quality and value, drive integration across the care delivery system and support person-centered care. The NCQA found that since the program’s inception, 33 obstetrics practice consultants have collaborated with more than 2,400 providers across 25 Medicaid markets, leading to a 5% reduction in total birth costs, a 5% saving in maternal first-year costs and a 10% saving in baby first-year costs.

#### Encourage Food as Medicine
Through our Community Connected Care social needs model, we are collaborating to address the social barriers to getting needed care, including access to nutritious food. Our Foundation also fulfilled its commitment to invest $30 million over a three-year period ended in 2024 to support programs that reduce the prevalence of chronic conditions by helping individuals reach optimal health through good nutrition. To date, we have awarded 51 grants toward this commitment