Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 111

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 111
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 and planning decisions and in evaluating the Company’s performance.

| Primerica 2025 Proxy Statement | A-1 |

| EXHIBIT A |

Furthermore, management believes that these non-GAAP financial measures may provide users with additional meaningful comparisons between current results and results of prior periods as they are expected to be reflective of our core ongoing business. These measures have limitations, and investors should not consider them in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. Reconciliations of GAAP to non-GAAP financial measures are set forth below. Subtotals are calculated prior to rounding line item components.

|                                                |     | Fiscal 2024   
 (In millions) |         |     | Fiscal 2023(1) |         |   |
|:-----------------------------------------------|:----|:--------------|--------:|:----|:---------------|--------:|:--|
| Total revenues                                 |     | $             | 3,089.1 |     | $              | 2,748.5 |   |
| Adjusted operating revenues reconciling items: |     |               |         |     |                |         |   |
| Less: Investment gains (losses)                |     |               |     2.2 |     |                |    (5.9 | ) |
| Less: MTM investment adjustments               |     |               |     1.0 |     |                |    (0.4 | ) |
| Less: Insurance claim proceeds                 |     |               |    50.0 |     | --             |         |   |
| Adjusted operating revenues                    |     | $             | 3,035.9 |     | $              | 2,754.8 |   |

|                                                  |     | Fiscal 2024   
 (In millions) |       |   |     | Fiscal 2023(1) |       |   |
|:-------------------------------------------------|:----|:--------------|------:|:--|:----|:---------------|------:|:--|
| Net Income from continuing operations            |     | $             | 720.1 |   |     | $              | 591.2 |   |
| Net adjusted operating income reconciling items: |     |               |       |   |     |                |       |   |
| Less: Investment gains (losses)                  |     |               |   2.2 |   |     |                |