Company: CI
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001739940-25-000015
Chunk: 69

Company: Cigna Group
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 69
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TI award is based primarily on his individual contributions and enterprise performance, as well as an assessment of then-current market data. For the other executive officers, an executive could receive a grant between 0% and 150% of the executive’s individual LTI target value. In determining awards for the other NEOs, the Committee primarily evaluates individual contributions, but also may take into consideration enterprise performance, succession planning needs, and other factors as circumstances warrant.

| 70 |     | The Cigna Group| 2025 Notice of Annual Meeting of Shareholders and Proxy Statement |

| COMPENSATION MATTERS |

The annual LTI award for Mr. Cordani for 2024 was delivered 60% in SPS awards having a 2024–2026 performance period, 20% in stock options, and 20% in restricted stock; this equity mix is consistent with the mix of equity delivered since 2022. The annual LTI awards for the other NEOs in 2024 were delivered 50% in SPS awards having a 2024–2026 performance period, 25% in stock options, and 25% in restricted stock; this mix of equity is consistent with the equity mix delivered in 2023.

The table below provides more detail about the annual LTI target and actual grant values for 2024, reflective of the Committee’s, and with respect to Mr. Cordani, the independent members of the Board’s, review of target total direct compensation positioning as further discussed above.

| NEO              |     | 2024 LTI Target 
 ($)             |     |                          |     | Actual LTI Grant Value 
                 ($)(1) |     |           |
| David M. Cordani |     |                 |     | 13,000,000 to 17,000,000 |     |             16,700,000 |     |           |
| Brian C. Evanko  |     |                 |     |                6,000,000 |     |                        |     | 6,900,000 |
| Noelle K. Eder   |     |                 |     |                3,250,000 |     |                        |     | 3,575,000 |
| Nicole S. Jones  |     |                 |     |                3,250,000 |     |                        |     | 3,575,000 |
| Eric P. Palmer   |     |                 |     |                6,000,