Donegal Group approves new 2024 Annual Executive Incentive Plan with premium growth, combined ratio, and ROE metrics

DONEGAL GROUP INC

New annual bonus plan for named executive officers, including CEO, based on commercial lines premium growth, statutory combined ratio, and operating ROE for FY2024.
Joint Compensation Committee retains discretion to adjust awards or pay discretionary bonuses regardless of objective criteria achievement.
Plan approved December 21, 2023; detailed compensation disclosures to be in 2024 proxy statement.

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