Assurant said Francesca L. Luthi, Executive Vice President and Chief Operating Officer, notified the company that she would step down from her current position for personal reasons on July 10, 2025, effective September 15, 2025.

1. 01

   Assurant said Francesca L. Luthi, Executive Vice President and Chief Operating Officer, notified the company that she would step down from her current position for personal reasons on July 10, 2025, effective September 15, 2025.

2. 02

   The company said Luthi will provide transition support through January 4, 2026, and the Compensation and Talent Committee amended her 2023-2025 performance stock units (PSUs) on July 11, 2025.

3. 03

   The company said the employment requirement for the amended PSUs changed from March 16, 2026 to December 31, 2025. Vesting of the PSUs remains subject to and based on the company's performance as set forth in the award agreement.

4. 04

   The company said Luthi will forfeit the restricted stock units scheduled to vest on March 16, 2026 and all other unvested equity awards. Otherwise, she will continue to participate in the company's compensation and benefits programs as described in the 2025 Proxy Statement.

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