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UNITED FIRE GROUP INC

For the period ended May 20, 2026. Filed Apr 7, 2026.

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May 20, 2026 · Filed Apr 7, 2026

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UFCS$47.73+0.8%Stored close · as of Nov 6, 2026
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Contents

Appendix A

FIRST AMENDMENT TO THE

NON-EMPLOYEE DIRECTOR STOCK PLAN

THIS FIRST AMENDMENT is made on this 1 st day of April, 2026, by United Fire Group, Inc., an Iowa corporation (the “Company”). Except as otherwise specifically provided herein, all capitalized terms utilized herein shall have the same meaning as when utilized in the United Fire Group, Inc. Non-Employee Director Stock Plan (the “Plan”).

INTRODUCTION

WHEREAS, the Company maintains the Plan, which was most recently amended and restated as of February 21, 2020, and was previously named the United Fire & Casualty Company 2005 Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan;

WHEREAS, the Company reserved the right to amend the Plan pursuant to the provisions of Section XIV thereof; and

WHEREAS, the Company now desires to amend the Plan to (a) increase the number of Shares subject to the Plan and (b) extend the term of the Plan to December 31, 2034, subject to the approval of the Company’s stockholders at the Company’s 2026 Annual Meeting of Stockholders.

AMENDMENT

NOW, THEREFORE, the Company does hereby amend the Plan, subject to approval by the stockholders of the Company and effective as of the date of such approval, as follows:

  1. Section VI.A. of the Plan is hereby deleted and replaced with the following:

“A. There shall be reserved for the granting of Awards pursuant to the Plan, and for issuance and sale pursuant to such Awards (including Shares issued under, or subject to issuance pursuant to outstanding Options issued under the Predecessor Plan Document), a total of eight hundred and sixty-five thousand one hundred fourteen (865,114) Shares, which the Board of Directors may allocate in any manner between Options, Restricted Stock, and Restricted Stock Units. To determine the number of Shares available at any time for the granting of Awards, there shall be deducted from the total number of reserved Shares, the number of Shares subject to Awards granted pursuant to the Plan. The Shares to be issued in connection with Awards made pursuant to the Plan shall be made available from the authorized and unissued Shares or shares subsequently acquired by the Company as treasury shares. If for any reason Shares as to which an Award has been made are forfeited, terminate, expire, settled in cash or cease to be subject to purchase pursuant to the Award, then such Shares again shall be available for issuance in connection with Awards made pursuant to the Plan.”

  1. Section XVIII of the Plan is hereby deleted and replaced with the following:

“XVIII. Duration of the Plan.

The Board of Directors shall make no Awards pursuant to the Plan after the close of business on December 31, 2034.”

Except as specifically amended hereby, the Plan shall remain in full force and effect as prior to this First Amendment.

[Signature page follows]

IN WITNESS WHEREOF, this First Amendment has been executed as of the date first set forth above.

BY:/s/ Kevin J. Leidwinger

TITLE: President and CEO

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