Loews Corporation (L) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 13, 2025, with shareholders voting on director elections, executive compensation, auditor ratification, and a new incentive compensation plan.

• Eleven director nominees, including new leadership transitions, are proposed for election.

• Shareholders will vote on an advisory basis for executive compensation and the new 2025 Incentive Compensation Plan.

• Deloitte & Touche LLP is recommended for reappointment as independent auditor.

Voting matters and shareholder proposals

• Proposals include election of eleven directors, advisory approval of executive compensation, ratification of independent auditors, and approval of the 2025 Incentive Compensation Plan.

• Shareholders may submit nominations or proposals for the 2026 annual meeting, with specific deadlines and requirements.

Board of directors and corporate governance

• Majority of directors are independent, with robust annual self-evaluations and a mix of skills and backgrounds.

• Board committees (Audit, Compensation, Nominating and Governance, Executive) are composed entirely of independent directors, except for the Executive Committee.

• Separate CEO and Chairman roles, with a fully independent lead director.

• Directors are elected annually by majority vote in uncontested elections.

• Share ownership guidelines require non-management directors to own shares worth at least three times their annual retainer.