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WHITE MOUNTAINS INSURANCE GROUP LTD

For the period ended Dec 31, 2023. Filed Feb 26, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 26, 2024

WTM$2,256.20+0.7%Stored close · as of Nov 9, 2026

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Human Capital

As of December 31, 2023, White Mountains employed 782 people (consisting of 68 people at the Company, WM Capital, its other intermediate holding companies, WM Advisors and HG Global, 88 people at BAM, 244 people at Ark, 16 people at Kudu, and 366 people at the consolidated Other Operating Businesses).

One of White Mountains’s key strengths lies in its people, and it proactively supports each employee’s well-being and development. White Mountains’s Board of Directors receives periodic reporting on employee satisfaction and concerns and interacts with employees across the organization. White Mountains has an inclusive, team-oriented culture in which all employees are treated with respect. Under the guidelines of its Code of Business Conduct, White Mountains is firmly committed to providing equal employment opportunities. White Mountains is committed to the long-term development of our workforce and the cultivation of our next generation of leaders.

Throughout the unique challenges since 2020, White Mountains’s commitment to the health and safety of its employees and their families has been a guiding priority. To support its employees during this time, White Mountains expanded and encouraged remote work, introduced protocols and practices that emphasized employee well-being, regularly solicited feedback from its employees and significantly increased senior leadership communication.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.