Markel Group (MKL) investor relations material

Executive summary

• The annual meeting is scheduled for May 20, 2026, with key items including director elections, advisory votes on executive compensation, auditor ratification, an amendment to the Articles of Incorporation, and two shareholder proposals.

• Proxy materials are available online, and shareholders are encouraged to vote electronically or by mail.

• The record date for voting is March 12, 2026, with each share entitled to one vote per matter.

Voting matters and shareholder proposals

• Shareholders will vote on electing eleven directors, approving executive compensation, ratifying KPMG LLP as auditor, amending the Articles of Incorporation to lower certain voting thresholds, and two shareholder proposals: one on environmental risk reporting and another on lowering the threshold to call special meetings.

• The Board recommends voting FOR all management proposals and AGAINST both shareholder proposals.

Board of directors and corporate governance

• Eleven incumbent directors are nominated for re-election, each bringing diverse expertise in finance, governance, insurance, law, and community engagement.

• The Board is composed of a majority of independent directors, with standing Audit, Compensation, and Nominating/Corporate Governance Committees.

• The Board has adopted robust governance guidelines, a Code of Conduct, and annual self-evaluations.

• The Board leadership structure includes a separate Chairman and CEO, and a Lead Independent Director.