Company: CI
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001739940-25-000015
Chunk: 72

Company: Cigna Group
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 72
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ainable. Each year, the Committee approves the performance measures for the SPS performance period. The Committee believes that the SPS performance measures are effective in rewarding the Company’s long-term success and value created for shareholders.

| 72 |     | The Cigna Group| 2025 Notice of Annual Meeting of Shareholders and Proxy Statement |

| COMPENSATION MATTERS |

2022–2024 SPS Program

Over the course of the three-year performance period, cumulative adjusted income from operations, per share grew to $75.78, resulting in a payout at 103% for this measure. Relative TSR was at the 63rd to 75th percentile range, resulting in 154% for this performance measure. As a result, in February 2025, the Committee approved a payout of the 2022–2024 SPSs at 129% of target. The performance goals for the 2022–2024 SPSs are presented in the table below, along with actual results for the three-year performance period.

| Measure                                    |     | Weighting |     | Target Performance Goals                                        |     | Actual Result                                                                                                            |
| Adjusted income from operations, per share |     | 50%       |     | Cumulative adjusted income from operations, per share of $75.25 |     | $75.78 (103.0% of target)                                                                                                |
| Relative TSR                               |     | 50%       |     | 50th percentile                                                 |     | At the top end of the 63rd to 75th percentile range (based on three-year annual compounded TSR of 8.2%) (154% of target) |

The calculations utilized to determine the payout were reviewed for accuracy by PricewaterhouseCoopers LLP. Shares earned by the NEOs upon payout of the 2022–2024 SPSs are reflected in the Outstanding Equity Awards at Year-End 2024 table and on Form 4s filed with the SEC on March 4, 2025.

2021–2023 SPS Program

The shares earned under the 2021–2023 SPS program were measured using performance through December 31, 2023 and were delivered in March 2024. The total share value realized by each NEO on the payment date is reflected in the Option Exercises and Stock Vested Table. The performance measures, targets, results, and payout for the 2021–2023 SPS program are discussed in greater detail in