Globe Life (GL) Proxy Filing summary

Executive summary

• Annual meeting scheduled for April 24, 2025, in a virtual format, with shareholders able to vote online or by proxy.

• Key proposals include election of 12 directors, advisory vote on executive compensation, and ratification of Deloitte & Touche LLP as auditor.

• 2024 saw strong financial performance: net operating income per share of $12.37, net income per share of $11.94, and book value per share (excluding AOCI) of $86.40.

• The company emphasizes a purpose-driven mission, prudent risk management, and a focus on underserved markets.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of 12 directors for one-year terms, (2) non-binding advisory vote on executive compensation, and (3) ratification of Deloitte & Touche LLP as independent auditor for 2025.

• Board recommends voting FOR all proposals.

• Proxy access and majority voting standards are in place; no supermajority provisions.

Board of directors and corporate governance

• Board consists of 12 nominees, 83% independent, with 42% gender diversity and 25% racial/ethnic diversity.

• Two new directors added in 2025, bringing accounting and financial expertise.

• Board committees: Audit, Compensation, and Governance & Nominating, all fully independent.

• Lead Independent Director role is established, with defined duties and annual election.

• Board and committee evaluations, succession planning, and director stock ownership requirements are in place.