Citizens (CIA) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting is scheduled for June 17, 2025, at the company’s Austin, Texas headquarters, with shareholders of record as of April 21, 2025, eligible to vote.

• The company operates in over 75 countries, with $1.7 billion in assets and $5.2 billion of direct insurance in force as of December 31, 2024.

• 2024 saw a return to premium revenue growth, issuance of $1.1 billion in new insurance (a 54% increase from 2023), and expansion into 8 new U.S. states.

• The company maintains a diverse, global workforce and emphasizes cultural diversity and innovation.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of 8 directors, (2) ratification of Grant Thornton LLP as independent auditor, and (3) a non-binding advisory vote on executive compensation (Say-on-Pay).

• The board recommends voting FOR all proposals.

• No additional shareholder proposals or other business are expected at the meeting.

Board of directors and corporate governance

• 7 of 8 director nominees are independent; the CEO is the only non-independent nominee.

• The board uses a skills matrix and refreshment policy, with recent additions and retirements to ensure expertise and diversity.

• All board committees are composed entirely of independent directors, and the board chair is independent.

• The board conducts annual self-assessments and individual director evaluations.