Genworth Financial (GNW) Proxy filing summary

Executive summary

• Advanced strategic priorities in 2025, focusing on aging solutions, financial flexibility, and sustainable long-term growth.

• Delivered strong shareholder value through $245 million in share repurchases and robust capital returns from Enact, with $407 million received from its 81% ownership stake.

• Expanded CareScout’s Quality Network to over 1,000 locations and launched Care Assurance, a new long-term care insurance product.

• Completed the acquisition of Seniorly, accelerating expansion into direct-to-consumer channels and senior living communities.

• Maintained self-sustainability of legacy insurance businesses, with MYRAP delivering $34.5 billion in net present value since 2012.

Voting matters and shareholder proposals

• Four proposals up for vote: election of ten directors, advisory vote on executive compensation, approval of the 2026 Associate Stock Purchase Plan, and ratification of KPMG LLP as auditor for 2026.

• Board recommends voting FOR all proposals.

• No shareholder proposals will be presented due to procedural non-compliance.

Board of directors and corporate governance

• Board consists of ten members, nine of whom are independent; diverse in tenure, background, and skills.

• Board committees: Audit, Compensation, Governance, Risk, and Technology—all fully independent.

• Technology Committee established as a permanent standing committee in 2026.

• Annual board and committee self-evaluations, robust director onboarding, and ongoing education.

• Stock ownership requirements and anti-hedging/pledging policies for directors and executives.