KEMPER Corp

The Kemper Board of Directors (“Board of Directors” or“Board”) is furnishing you with this Proxy Statement to solicit your proxy to be voted at Kemper’s Annual Meeting. This Proxy Statement Summary highlights information contained elsewhere in this Proxy Statement. Please read the entire Proxy Statement carefully before voting.

Annual Meeting of Shareholders

Board Responsiveness in 2023

Kemper’s relationship with its shareholders is an important part of our success. We value this relationship and have a long-standing practice of engagement with current and prospective shareholders. Shareholders have many opportunities throughout the year to provide feedback to our senior management and investor relations team, including at industry and sell-side conferences. In 2023, Kemper engaged directly with approximately 30 shareholders and approximately 10 conferences and group meetings.

Kemper’s conversations with shareholders in 2023 covered a variety of topics. In particular, we discussed with shareholders our strategic initiatives, the Company’s operating environment and financial performance, and the path to return to profitability. Feedback from shareholders is shared with the Board and directly informed the Board’sconsideration of strategy, compensation and ESG matters in 2023.

We are committed to maintaining an active dialogue to understand the priorities and concerns of our shareholders, and believe ongoing engagement builds mutual trust and underst anding. The Company plans to continue its practice of shareholder outreach, including discussions regarding our executive compensation practices, by again soliciting the views of investors.

Proxy Statement Summary

Environmental, Social and Governance (ESG) at Kemper

Kemper’s ownership culture is the cornerstone of our Environmental, Social and Governance (ESG) approach. We seek to operate responsibly, with a focus on improving our communities through a continued emphasis on sustainability and governance. In doing so, our goal is to be a responsible business partner to our customers, an attractive option to investors, and an employer of choice.

By incorporating ESG into the Company’s business, operational and financial strategies, Kemper looks towards the long term. The Governance Committee of Kemper’s Board of Directors monitors the ESG program and receives regular updates from senior leadership. Kemper’s ESG Steering Committee is responsible for setting the strategic direction of our ESG program and supporting program execution. Furthermore, our ESG Program Office, with support from subject matter experts across the enterprise, is responsible for day-to-day implementation, development and application of best practices, and reporting. Our approach to disclosure is informed by leading global standards, including the Sustainability Accounting Standards Board and Global Reporting Initiative. In 2023, Kemper refreshed our key areas of focus, which prioritizes topics of greatest importance and relevance to industry and key stakeholders. Our areas of focus include:

More information on ESG is available on the Company’s website at kemper.com and in the Company’s 2023 Annual Report to Shareholders posted along with this Proxy Statement at proxyvote.com.

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