EVEREST GROUP, LTD.

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of

Regulation S-K, we are providing the following information regarding the relationship between compensation actually

paid to our Named Executive Officers and the Company’s financial performance.

Pay Versus Performance Table

The table below reflects information on compensation both as reported in the Summary Compensation Table (“SCT

Total Pay”) and as “compensation actually paid” (or “CAP”) for the applicable fiscal year for our principal executive officer

(“PEO”) and for all of our other named executive officers (“Non-PEO NEOs”) (as an average for such year for the Non-PEO

NEOs), accompanied by TSR and Net Income metrics, as well as Adjusted Operating ROE (the Company-selected

measure). Adjusted Operating ROE (also referred to in this Proxy Statement as Adjusted Net Operating Income ROE) was

selected as the most relevant and important measure in the relationship of compensation actually paid to NEOs relative

to 2025 Company performance. Adjusted Operating ROE is a relevant measure in our short-term and long-term

incentive plans for our NEOs.

(1)Jim Williamson served as Principal Executive Officer (“PEO”) starting on January 5, 2025 and Juan Andrade served as the PEO from 2021 until January 5,

(2)The non-PEO NEOs include: (a) for 2021, John Doucette, Mike Karmilowicz, Mark Kociancic, Sanjoy Mukherjee and Jim Williamson; (b) for 2022, Mike

Karmilowicz, Mark Kociancic, Sanjoy Mukherjee and Jim Williamson; (c) for 2023, Mike Karmilowicz, Mark Kociancic, Sanjoy Mukherjee, Gail Van Beveren

and Jim Williamson; (d) for 2024, Mike Karmilowicz, Mark Kociancic, Jim Williamson and Ricardo Anzaldua; and (e) for 2025, Mark Kociancic, Jill Beggs,

Anthony Vidovich and Ricardo Anzaldua.

(3)Assumes $100 invested on 12/31/2020 in Everest Common Shares, including reinvestment of dividends.

(4)For purposes of this Pay Versus Performance table, “Total Shareholder Return” is defined as the change in the total dollar value of a given security or

entire portfolio of securities, over a given period, assuming $100 dollars of initial investment. Total returns reflect changes in stock price as well as all

distributions or dividends paid to shareholders. TSR in all other sections of this Proxy Statement is defined as annual growth in Book Value Per Share

(excluding Unrealized Gains and Losses on Fixed Maturity investments) plus Dividends Per Share.

(5)The S&P Insurance (Property and Casualty) is used as Everest’s peer group for purposes of this pay versus performance table.

(6)Adjusted Net Operating Income ROE for 2023 and 2024 adjusts actual operating ROE by treating catastrophe losses as the sum of (1) 40% of anticipated

catastrophe losses in the annual operating plan for the current fiscal year and (2) 60% of actual catastrophe losses for the current fiscal year. For 2021 and

2022, the ratio for determining Adjusted Operating ROE was 50% catastrophe losses in the operating plan and 50% actual catastrophe losses for the

respective fiscal years.

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The following table details the adjustment to the SCT Total Pay for our PEO to determine the CAP as computed in

accordance with Item 402(v) of SEC Regulation S-K (17 C.F.R. § 229.402(v), or “Item 402(v)”). Amounts do not reflect

actual compensation earned by or paid to our NEOs during the applicable year. The PEO did not participate in any

defined benefit pension plan.

PEO SCT Total Pay to CAP Reconciliation

The following table details the adjustment to the SCT Total Pay as the average for our other NEOs to determine

“compensation actually paid” as computed in accordance with Item 402(v) for the other NEOs. Amounts do not reflect

actual compensation earned by or paid to our NEOs during the applicable year.

NEO Average SCT Total Pay to CAP Reconciliation

(1)Difference between Fair Value from End of Prior Year to End of Current Year

(2)Difference between Fair Value from End of Prior Year to Vesting Date

(3)Difference between Fair Value from End of Prior Year to End of Current Year

(4)Difference between Fair Value from End of Prior Year to Vesting Date

(5) In 2021, the change in actuarial present value was$(11,030) for John Doucette and$81,008 for Sanjoy Mukherjee. Under Item 402(v), the change in

actuarial present value is deducted only if the value is positive. Thus, only Mr. Mukherjee’s value was incorporated into the calculation.

(6)The change in actuarial present value for Mr. Mukherjee was$(600,167) in 2022. Under Item 402(v), the change in actuarial present value is deducted

only if the value is positive. Thus, this value was not incorporated into the calculation.

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Relationship Between Compensation Actually Paid and Financial

Performance Measures

The following graphs further demonstrate the relationship between the compensation actually paid (as defined in

Item 402(v)) and performance measures that are included in the preceding pay versus performance tabular disclosure.

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(1) TSR is defined as annual growth in Book Value Per Share (excluding Unrealized Gains and Losses on Fixed Maturity investments) plus dividends

Per Share.

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Tabular Disclosure of the Most Important Measures Linking Compensation

Actually Paid in 2025 to Company Performance

Below is a list, not presented in order of importance, of the Company’s most important financial performance measures

used to link the PEO’s and NEOs’ Item 402(v) “Compensation actually Paid” to Company performance for 2025. For

further information regarding these financial performance measures and their function in our executive compensation

program, please see the CD&A section above. For definitions and available reconciliations of Non-GAAP measures used

below, please see Appendix A.

Adjusted Operating ROE

Combined Ratio

TSR(1)

Gross Written Premium Annual Growth Rate

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CEO Pay Ratio Disclosure