Selective Insurance Group (SIGI) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on April 30, 2025, with voting on 12 director nominees, executive compensation, and auditor ratification.

• Shareholders of record as of March 6, 2025, are eligible to vote; voting can be done online, by phone, mail, or during the meeting.

• The Board recommends voting FOR all proposals and director nominees.

Voting matters and shareholder proposals

• Proposal 1: Election of 12 directors for a one-year term; majority voting standard applies.

• Proposal 2: Advisory approval of 2024 executive compensation; Board recommends FOR.

• Proposal 3: Ratification of KPMG LLP as independent auditor for 2025; Board recommends FOR.

• No other business is expected, but proxies may vote on unforeseen matters.

Board of directors and corporate governance

• Board will reduce from 13 to 12 members after the meeting due to a mandatory retirement.

• 50% of director nominees self-identify as diverse; strong focus on diversity and tenure balance.

• All directors except the CEO are independent under Nasdaq rules.

• Board has six standing committees: Audit, Compensation and Human Capital, Corporate Governance and Nominating, Executive, Finance and Investments, and Risk.

• Board leadership includes a combined CEO/Chair and a Lead Independent Director.

• Annual board and committee self-evaluations and director education are conducted.