CEO Jon Stenberg receives compensation increase: base to $600k, bonus targets raised

CITIZENS, INC.

Base salary increased from $500,000 to $600,000 effective April 1, 2026.
Short-term incentive target raised from $400,000 to $480,000 for 2026.
Long-term incentive target raised from $450,000 to $540,000 for 2026.
Board approved amendment to align with market data for retention and motivation.
All other terms of the employment agreement remain unchanged.

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