Hagerty (HGTY) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for June 3, 2025, to be held virtually, with voting on director elections and auditor ratification.

• Nine director nominees, including one new nominee, are up for election for one-year terms.

• Deloitte & Touche LLP proposed for ratification as independent auditor for 2025.

• Forward-looking statements address business strategy, risk management, and compliance with laws and regulations.

Voting matters and shareholder proposals

• Stockholders will vote to elect nine directors and ratify Deloitte as the independent auditor.

• Board recommends voting FOR all director nominees and FOR auditor ratification.

• Only stockholders as of April 4, 2025, may vote; Class V shares have 10-to-1 voting power over Class A.

• Procedures for submitting proposals and nominations for the 2026 meeting are detailed, with specific deadlines.

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; board structure reviewed annually.

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

• Controlled company status allows certain NYSE governance exemptions; only the nominating committee includes a non-independent director.

• Annual board and committee self-evaluations are conducted.