HCI Group (HCI) Proxy Filing summary

Executive summary

• Annual meeting scheduled for June 10, 2025, at company headquarters in Tampa, Florida, with shareholders of record as of April 14, 2025, eligible to vote.

• 2024 saw record net income of $127.6 million, a 26% increase in book value per share, and a 36% year-over-year revenue increase, despite three hurricanes.

• Operational reorganization completed in early 2025, consolidating software and analytics into Exzeo Group, Inc.

• Company has paid dividends for 58 consecutive quarters and returned $438 million to shareholders since inception.

Voting matters and shareholder proposals

• Election of Class B directors (Paresh Patel and Gregory Politis nominated; Lauren Valiente not seeking re-election).

• Ratification of Forvis Mazars, LLP as independent registered public accounting firm for 2025.

• Advisory vote on executive compensation (say-on-pay) and on the frequency of such votes (Board recommends annual vote).

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board divided into three classes with staggered three-year terms; majority independent (6 of 9 directors).

• Board diversity: 33% female, 56% gender or ethnic diversity; average tenure 11.3 years.

• Lead Independent Director role established; strong governance policies including share ownership requirements and no poison pill.

• Four standing committees: Audit, Compensation, Governance & Nominating, and Sustainability.