Security National Financial (SNFCA) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for June 27, 2025, to address director elections, equity plan amendment, auditor ratification, and other business.

• Proxy materials are available online to reduce costs and environmental impact.

• Record date for voting is April 21, 2025; quorum requires a majority of outstanding shares.

Voting matters and shareholder proposals

• Election of nine directors: three by Class A stockholders, six by Class A and Class C stockholders voting together.

• Proposal to amend the 2022 Equity Incentive Plan to authorize 3,000,000 additional shares (max 500,000 Class C shares).

• Ratification of Deloitte & Touche LLP as independent auditors for fiscal year ending December 31, 2025.

• Shareholder proposals and nominations for 2026 meeting must be submitted between Jan 19 and Feb 20, 2026.

Board of directors and corporate governance

• Board consists of nine members, with five qualifying as independent under Nasdaq rules.

• Board committees: Audit, Compensation, Executive, and Nominating & Corporate Governance, all with defined charters.

• Chairman and CEO roles are combined; independent directors meet in executive session, with a lead director designated.

• Director nomination process involves both board and shareholder recommendations.

• Code of Business Conduct and Ethics and Insider Trading Policy are in place and published online.