Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 34

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 34
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 share) and $3.1 billion ($10.30 per diluted share), respectively. These financial results exceeded 2023's. They also recognized Mr. Swift's strong leadership and overall performance in meeting operational and strategic objectives, including the superior execution of digital and technology investments that enhanced business ease for customers and distribution partners. Additionally, his oversight in leading the company's brand refresh, driven by innovation and a persistent focus on customers, was considered. Mr. Swift’s continued emphasis on sustainability practices, and ethics ultimately yielded the company recognition from Ethisphere as one of the “World’s Most Ethical Companies” for the 15th consecutive year. His focus on talent management, including successful implementation of succession plans following retirements, was also acknowledged.

| 2024 Compensation Decisions                                                                                                                                                                                   |
| •Salary.$1,200,000, unchanged from 2023.                                                                                                                                                                      |
| •AIP Award.Target of $3,300,000, unchanged from 2023. The Compensation Committee approved a 2024 AIP award of $4,719,000 (143% of target), which was equal to the company AIP funding level of 143% for 2024. |
| •LTI Award.In February 2024, the Compensation Committee granted him an LTI award of $12,000,000, an increase of 14.3% from the previous year, in the form of 25% stock options and 75% performance shares.    |

BETH COSTELLO

Executive Vice President and Chief Financial Officer

Ms. Costello has served as CFO since July 1, 2014. As the Company’s CFO, Ms. Costello is responsible for the finance, treasury, capital, accounting, investor relations, underwriting, procurement and actuarial functions.

#### 2024 Performance
In reviewing Ms. Costello’s performance, the Compensation Committee noted the company's exceptional financial results and the successful execution of its capital management plan, which returned $2.1 billion to stockholders, including $1.5 billion in equity repurchases and an 11% increase in our common stock dividend. Her effective management of expenses and investments led to operational efficiencies and process improvements that supported business growth. Additionally, Ms. Costello’s engagement with investors and external stakeholders, including rating agencies, resulted in the reaffirmation of the company's long-term credit rating and financial strength.

| 2024 Compensation Decisions                                                                                                                                                                                         |
| •Salary.$800,000, a