Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 68

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 68
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.thehartford.com |

| COMPENSATION MATTERS |

#### GRANT PRACTICES, OUTSTANDING AWARDS AND DILUTION
In setting the number of proposed additional shares issuable under the Plan, the Compensation Committee and the Board considered a number of factors, including:

• Shares currently available for issuance and how long the shares available (both currently and assuming the approval by stockholders of this Item 4) are expected to last.

• Total potential dilution (commonly referred to as overhang).

• Historical equity award granting practices, including the three-year average share usage rate (commonly referred to as burn rate)

As of February 28, 2025, 288,025,305 shares of common stock were outstanding, while 8,231,095 shares (excluding dividend equivalents) were subject to outstanding equity awards and 5,473,336 shares were available for future awards under the 2020 Plan. The following provides additional detail on the outstanding equity awards:

| Outstanding Awards(1)               |     |                                             |     | Number of Shares |   |       | Weighted-Average Exercise Price of Stock Options |     | Weighted-Average Remaining Term of Stock Options |
|:------------------------------------|:----|:--------------------------------------------|:----|-----------------:|:--|------:|:-------------------------------------------------|:----|-------------------------------------------------:|
| Stock Options                       |     |                                             |     |        4,765,565 | $ | 63.79 |                                                  |     |                                              5.5 |
| Non Vested Full Value Awards:       |     |                                             |     |                  |   |       |                                                  |     |                                                  |
|                                     |     | Performance Shares                          |     |          940,999 |   |       |                                                  |     |                                                  |
|                                     |     | Restricted Stock and Restricted Stock Units |     |        2,524,531 |   |       |                                                  |     |                                                  |
| Non Vested Total Full Value Awards  |     |                                             |     |        3,465,530 |   |       |                                                  |     |                                                  |
| Total Options and Full Value Awards |     |                                             |     |        8,231,095 |   |       |                                                  |     |                                                  |

(1) Dividend equivalent rights are not included in this table.

Accordingly, our fully diluted overhang as of February 28, 2025 was 4.5%, which is below the