Everest Group (EG) Proxy filing summary

Executive summary

• Annual General Meeting scheduled for May 13, 2026, with key proposals including director elections, auditor appointment, executive compensation advisory vote, and amendment to the 2020 Stock Incentive Plan.

• 2025 financial results: $17.7B gross written premium, $1.6B net income, $1.9B net operating income, 13.1% total shareholder return, and 12.4% net operating income ROE.

• Strategic actions included portfolio simplification, reserve strengthening, adverse development cover, and sale of renewal rights for certain insurance lines.

• Four new independent directors and several new senior executives were appointed in 2025, reflecting board refreshment and shareholder engagement.

Voting matters and shareholder proposals

• Proposals: elect 11 directors for one-year terms, appoint KPMG as auditor, approve 2025 executive compensation (non-binding), and amend the 2020 Stock Incentive Plan to increase available shares by 812,000.

• Board recommends voting FOR all proposals.

• Shareholder proposals must comply with Bye-laws and be submitted by December 11, 2026, for the 2027 AGM.

Board of directors and corporate governance

• Board consists of 11 members (10 independent), with an independent chair and annual elections.

• Board committees: Audit, Compensation, Nominating and Governance, Executive, Investment Policy, Risk Management, and Technology & Cyber.

• Board and committees conduct annual self-assessments and succession planning.

• No director sits on more than two other public company boards.