Kingsway Financial Services (KFS) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 18, 2026, at the New York Stock Exchange, with shareholders voting on key proposals including director elections, auditor ratification, corporate name change, equity plan amendment, and executive compensation approval.

• Shareholders of record as of March 20, 2026, are entitled to vote; 28,946,665 common shares are outstanding and entitled to one vote each.

• Proxy materials are available online, and voting can be done by mail, phone, or internet.

Voting matters and shareholder proposals

• Election of eight directors for a one-year term.

• Ratification of Plante & Moran, PLLC as auditors for fiscal year 2026.

• Approval of an amendment to change the corporate name to Kingsway Corporation.

• Approval of an amendment to the 2020 Equity Incentive Plan to increase reserved shares by 1,000,000.

• Advisory vote on executive compensation for fiscal year 2025 (say-on-pay).

• No shareholder proposals were received for inclusion in the meeting.

Board of directors and corporate governance

• Board consists of eight directors, majority independent, with diverse backgrounds in investment, finance, and management.

• Four standing committees: Audit, Compensation & Management Resources, Nominating and Corporate Governance, and Investment.

• Board leadership structure includes an independent Chairman and Vice Chairman.

• Corporate Governance Guidelines and Code of Business Conduct & Ethics are in place and publicly available.

• Board met eight times in 2025; all directors attended at least 75% of meetings.