Company: ELV
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001156039-25-000046
Chunk: 64

Company: Elevance Health, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 64
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 may use corporate aircraft for personal trips for up to 50 hours of flight time per calendar year; provided, however, that the aggregate incremental cost to the Company of these flights shall not exceed $199,000. In 2024, the aggregate incremental cost to the Company for these flights was $164,826. Infrequently, other NEOs may have family members accompany them on business travel on the corporate aircraft at no incremental cost to us. The incremental cost for the use of corporate aircraft is calculated based on the variable operating costs, including cost per flight hour, fuel charges, catering and landing fees, and does not include fixed operating costs such as management and lease fees.

(c) Other perquisites include the value of personal security benefits provided to Ms. Boudreaux and Mr. Haytaian, relocation benefits provided to Mr. Kaye in connection with his relocation to Indianapolis and the value of an executive physical provided to Mr. Kendrick.

(d) Cash provided to the NEOs under the DEC as described on page 54.

(e) Reimbursement of services such as financial planning, estate planning, tax preparation and associated legal fees under the DEC as described on page 54.

#### 2025 Proxy Statement59

#### Executive Compensation

#### Grants of Plan-Based Awards
The following table provides information about AIP targets for 2024 and equity awards granted under the Long-Term Incentive Plan. The disclosed dollar and share amounts do not necessarily reflect the actual amounts that will be paid or issued to the NEOs. These amounts will be known only if and when the awards vest or become payable.

| Name            |     | Grant Date |     | Threshold | Estimated Future Payouts Under 
 Non-Equity Incentive           
 Plan Awards ($)(1)             |         | Target |   |           | Maximum |   |           |     |   | Threshold | Estimated Future Payouts    
 Under Equity Incentive Plan 
 Awards (#)                  |        | Target |     |        | Maximum |     |       |     |        | All Other Stock Awards: Number of Shares of Stock or Units 
 (#)                                                        |     | All Other  
 Option     
 Awards:    
 Number of  
 Securities 
 Underlying 
 Options    
 (#)        | Exercise     
 Price of     
 Option       
 Awards       
 ($/Share)(2) |        |     |   |           |     | Grant Date 
 Fair Value 
 of Stock   
 and Option 
 Awards(3)  |
|:----------------|:----|-----------: