Company: HUM
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-048976
Chunk: 54

Company: HUMANA INC
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 54
---
 the payout results regardless of the impact of any automatic adjustments. Under our AIP, individual performance and contributions are taken into consideration when determining each associate’s final payout.

| Compensation Discussion and Analysis • 2025 Proxy Statement | Humana |     | 55 |

AIP Strategic Measures The Company has a set of strategic initiatives that, if achieved, will improve member health, improve relationships with our providers, position us for long-term sustainable growth and cultivate stakeholder value within our Impact Platform. As illustrated below, the 2024 strategic measures directly align to our integrated health approach and ESG strategy. The Committee believes that having strategic measures embedded within the AIP targets is critical to help drive organizational focus and prioritization in advancing our long-term strategy and financial performance, while also incentivizing our associates to achieve milestones in the short-term. We saw encouraging progress in 2024 related to each strategic measure which has a positive, direct impact on our members and patients. 2024 AIP Performance Results In determining performance for our NEOs under the 2024 AIP, the Committee reviewed the Company’s overall financial and operating results, evaluating them against the AIP performance measures developed by the Committee in February 2024, approved performance under the AIP as follows .

| Performance Measure             |     | Weighting |     | Minimum  (50%) |     | Target  (100%) |     | Maximum  (200%)(1) |     | Results |     | Performance                   
 Rate                          |     | Performance 
 Weighting   
 Under Plan  |
| Adjusted EPS                    |     | 50%       |     |              — |     |         $16.00 |     |             $20.00 |     |  $16.21 |     | 105.3%                        |     | 52.6%       |
| Individual MA Membership Growth |     | 20%       |     |        400,000 |     |        525,000 |     |            650,000 |     | 250,000 |     | 0%                            |     | 0%          |
| Integrated Health               |     | 15%       |     |        125,000 |     |        132,500 |     |            140,000 |     | 133,100 |     | 108.0%                        |     | 16.2%       |
| Strategic Measures              |     | 15%