Horace Mann Educators (HMN) Proxy filing summary

Executive summary

• Annual Meeting scheduled for May 20, 2026, via virtual webcast, with voting available online, by phone, or mail; record date is March 24, 2026.

• Shareholders will vote on electing nine directors, approving executive compensation (Say-on-Pay), and ratifying KPMG LLP as auditor for 2026.

• Fiscal 2025 saw record net income of $162.1M, 7% revenue growth, and highest core earnings in company history; tangible book value per share rose 9.2%.

• Shareholder returns improved, with a 21.3% TSR in 2025 and a 34.5% TSR over three years; dividend increased for the 17th consecutive year.

• Nearly $885,000 contributed to charitable causes in 2025, with significant progress on sustainability and social responsibility initiatives.

Voting matters and shareholder proposals

• Proposals include electing nine directors, advisory approval of executive compensation, and ratification of KPMG LLP as auditor.

• Board recommends voting FOR all proposals.

• No other shareholder proposals were received by the deadline.

Board of directors and corporate governance

• Board consists of nine members, eight of whom are independent; Board Chair is independent.

• Directors serve one-year terms; majority vote standard for elections.

• Board committees: Audit, Compensation, Executive, Investment & Finance, Nominating & Governance.

• Board refreshment policy limits director age to under 75 unless special circumstances.

• Annual board and director self-assessment process; ongoing director education required.

• Board oversees risk management, succession planning, and corporate social responsibility.