Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 32

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 32
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th percentile, 35% payout for performance at the 30th percentile, target payout for performance at the 55th percentile, and 200% payout for performance at the 85th percentile.

These performance shares vested as of December 31, 2024, the end of the three-year performance period, and the Compensation Committee certified a payout at 180% of target on February 18, 2025 based on the following results:

• The average of the Company's Compensation Core ROE for each year of the measurement period was 16.3%, resulting in achievement of 200% of target for the Compensation Core ROE component, or 50% of the awards.

• The Company’s TSR during the performance period was at the 73rd percentile ranking, resulting in the achievement of 160% of target for the TSR component, or 50% of the awards.

Details of the 2022 performance shares are given on pages 46 to 47 of our 2023 proxy statement filed with the Securities and Exchange Commission on April 6, 2023.

(1) While the peer group at the time of the grant consisted of 16 companies, Berkshire Hathaway subsequently acquired Alleghany Corp., resulting in a 2022 performance peer group of 15 companies.

EXECUTIVE BENEFITS AND PERQUISITES

Senior Executives are eligible for the same benefits as full-time employees generally, including health, life insurance, disability and retirement benefits. Non-qualified savings and retirement plans, including those that have been frozen, provide benefits that would otherwise be provided but for the Internal Revenue Code limits that apply to tax-qualified benefit plans.

Certain additional perquisites are available to Senior Executives, including reimbursement of costs for annual physicals and associated travel, relocation benefits when a move is required, personal executive support services, certain travel and commuting benefits (described below) and occasional use of tickets for sporting and special events previously acquired by the Company when no other business use has been arranged and there is no incremental cost to the Company. For actual perquisites received by NEOs in 2024, see the “Summary Compensation Table – All Other Compensation” on page 54 .

We own a fractional interest in a corporate aircraft to allow Senior Executives to safely and efficiently travel for business purposes. The corporate aircraft enables Senior Executives to use travel time productively by providing a confidential environment in which to conduct business and eliminating the schedule constraints imposed by commercial airline service. In 202