Palomar (PLMR) Proxy filing summary

Executive summary

• The annual meeting is scheduled for May 21, 2026, with proposals to elect two Class I directors, approve executive compensation on an advisory basis, and ratify Ernst & Young LLP as the independent auditor for 2026.

• Shareholders of record as of March 31, 2026, are eligible to vote, with materials provided primarily via the Internet to reduce environmental impact and costs.

• The company experienced strong financial growth in 2025, with gross written premiums rising 31.5% to $2.0 billion and net income increasing to $197.1 million.

Voting matters and shareholder proposals

• Proposals include electing two Class I directors for terms expiring in 2029, a non-binding advisory vote on executive compensation, and ratification of the independent auditor.

• Shareholders may submit proposals for the 2027 meeting by December 11, 2026, and must follow specific bylaw and SEC requirements.

Board of directors and corporate governance

• The board consists of seven members, six of whom are independent under Nasdaq standards.

• The board is transitioning from a classified structure to annual elections, with full declassification by 2029.

• Six standing committees oversee audit, compensation, governance, sustainability, risk management, and investments.

• Directors possess expertise in accounting, finance, governance, risk management, insurance, and technology.

• The board conducts annual evaluations and quarterly reviews of AI and cybersecurity.