Company: HUM
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-048976
Chunk: 27

Company: HUMANA INC
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 27
---
 stock units, less an amount to cover current tax liabilities, must be held by the director until one year following the vesting date. |

Compliance with these guidelines is monitored by the Organization & Compensation Committee. Director Attendance The Board has developed a number of specific expectations of directors to define their responsibilities and to promote the efficient conduct of the Board’s business. With respect to the level of commitment expected of directors and related attendance protocols, as part of the Guidelines, the Board formally adopted a policy that all directors should make every effort to attend all meetings of the Board and the Committees of which they are members, and the Company’s Annual Meeting of Stockholders. Attendance by telephone or video conference may be used to facilitate a Director’s attendance. During 2024, apart from Committee meetings, the Board of Directors met 12 times. All incumbent director nominees elected at the 2024 Annual Meeting of Stockholders attended at least 75% of the scheduled meetings of the Board of Directors and meetings held by Committees of which they were members. Further, all director nominees serving as directors at that time attended the Annual Meeting of Stockholders held on April 18, 2024. Executive Sessions of Non-ManagementDirectors In 2024, our non-managementdirectors held regularly scheduled, formal executive meetings, separate from management and were led by our Chairman. Additional executive sessions of the Board are held as necessary or appropriate or upon the request of the Chairman, the Nominating, Governance & Sustainability Committee or any two other non-managementdirectors. In addition, our non-managementdirectors who qualify as independent within the meaning of our director independence guidelines meet together in executive session at least once annually; during 2024 they met connection with each regularly scheduled Board of Directors meeting.

| 30 |     | Humana | 2025 Proxy Statement • Corporate Governance |

Code of Ethics and Code of Business Conduct The Company has adopted the “Code of Conduct for the Chief Executive Officer and Senior Financial Officers,” which we refer to as the Executive Code of Ethics, violations of which are reported to the Audit Committee. In addition, we operate under the omnibus Humana Inc. Ethics Every Day, which we refer to as the Code of Ethics, which applies to all associates (including executive officers) and directors. The Humana Ethics Office is responsible for the design and enforcement of our ethics policies, the goal of which is to create a workplace climate in which ethics is so integral to day-to-dayoperations that ethical behavior is self-en