Employers (EIG) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 28, 2026, with voting on director elections, executive compensation, and auditor ratification.

• Maintained profitability in 2025 with $750.1M net written premium, but net income declined to $10.8M from $118.6M in 2024.

• Investment portfolio generated $116.7M net income, and a $125M recapitalization plan was completed in January 2026.

• Returned $215.4M to shareholders via repurchases and dividends; book value per share rose 11% to $51.31.

• AM Best reaffirmed the “A” financial strength rating for insurance subsidiaries.

Voting matters and shareholder proposals

• Proposals include election of eight directors, advisory vote on executive compensation, and ratification of Ernst & Young LLP as auditor for 2026.

• Board recommends voting FOR all proposals.

• Shareholders may submit proposals for the 2027 meeting by December 17, 2026.

Board of directors and corporate governance

• Board consists of eight nominees, 88% independent, 38% female, with an average tenure of six years.

• Board committees include Audit, Governance, Compensation, Executive, and Risk; all committee members are independent.

• Board leadership is separated, with an independent Chair and CEO.

• Annual board and committee evaluations and periodic rotation of committee assignments.