RLI (RLI) Proxy filing summary

Executive summary

• The 2026 annual meeting will be held virtually on May 14, 2026, with shareholders able to vote and submit questions online.

• Key business includes electing 10 directors, an advisory vote on executive compensation, and ratifying Deloitte & Touche LLP as the independent auditor.

• Shareholders of record as of March 16, 2026, are entitled to vote; voting can be done online, by phone, mail, or during the meeting.

• The company achieved strong 2025 financial results: 83.6 combined ratio, 23.7% ROE, 33% book value per share growth, and $184 million returned to shareholders.

Voting matters and shareholder proposals

• Proposals include: election of directors, advisory say-on-pay vote, and ratification of Deloitte & Touche LLP.

• Board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be received by November 27, 2026.

Board of directors and corporate governance

• Board consists of 10 nominees, 9 of whom are independent; roles of Chairman and CEO are split.

• Board committees: Audit, Human Capital & Compensation, Finance & Risk, Nominating & Corporate Governance.

• Annual director evaluations, orientation, and ongoing education are emphasized.

• Directors are encouraged to own significant company stock; all are compliant or within the grace period.