Hamilton Insurance Group (HG) Proxy Filing summary

Executive summary

• 2024 marked a transformative year with significant achievements, including business line expansion and strong capital deployment in insurance and reinsurance sectors.

• Net income attributable to common shareholders was $400.4 million, with a return on average equity of 18.3%.

• Gross premiums written reached $2.42 billion, and the combined ratio was 91.3%.

• The company maintained a focus on execution, risk management, and strategic growth, positioning itself for future success.

Voting matters and shareholder proposals

• Shareholders will vote on electing 11 Class B Directors, a non-binding advisory vote on executive compensation, and the appointment of Ernst & Young Ltd. as independent auditor for 2025.

• The board recommends voting FOR all proposals.

• Shareholder proposals for the 2026 AGM must be submitted by November 27, 2025, for proxy inclusion.

Board of directors and corporate governance

• The board consists of a majority of independent directors, with robust governance practices and annual self-evaluations.

• Two Shareholder Directors are appointed under a Shareholders Agreement, with the rest elected by Class B shareholders.

• Board committees include Audit, Compensation and Personnel, Nominating and Corporate Governance, Investment, and Underwriting and Risk.

• The board is engaged in ongoing refreshment and skills assessment, with a diverse mix of experience and backgrounds.