Hagerty (HGTY) Proxy filing summary

Executive summary

• Annual Meeting scheduled for June 9, 2026, to be held virtually, with voting on key governance and compensation matters.

• Stockholders will vote on director elections, executive compensation (say-on-pay), frequency of say-on-pay, auditor ratification, and other business.

• Company emphasizes a vision of driving enthusiasm and strong alignment between management and stockholder interests.

• Forward-looking statements address risks related to competition, technology, regulatory compliance, and macroeconomic factors.

Voting matters and shareholder proposals

• Proposals include election of nine directors, advisory vote on executive compensation, advisory vote on frequency of say-on-pay, and ratification of Deloitte as auditor.

• Board recommends voting for all director nominees, for executive compensation, for annual say-on-pay, and for auditor ratification.

• Shareholders owning Class A, Class V, or Preferred Stock as of April 10, 2026, are eligible to vote.

• Procedures for submitting director nominations and shareholder proposals for the 2027 meeting are detailed, with deadlines and compliance requirements.

Board of directors and corporate governance

• Board consists of nine directors, with McKeel Hagerty as Chairman and CEO, and Bill Swanson as Lead Director.

• Eight of nine nominees are independent under NYSE and SEC rules.

• Board committees include Audit, Talent/Culture/Compensation, Nominating/Governance, and Finance/Capital, each with defined responsibilities.

• Controlled company exemption allows a non-independent director on the Nominating/Governance Committee.

• Annual board and committee self-evaluations are conducted to assess effectiveness.

• Stock ownership guidelines require directors to hold five times the annual retainer and CEO six times base salary.