2025-11-03T12:56:57-07:00 2024-12-31 990 2024-01-01 980000680 INDEPENDENT ORDER OF FORESTERS INDE 4164293000 789 Don Mills Road Toronto Ontario CA M3C 1T9 Balina Bawa VP, Global Tax Compliance&Planning 4164672537 2025-10-15 1 2024 2025-03-06 01:10:19Z Rene Zanin 789 Don Mills Road Toronto Ontario CA M3C 1T9 835751204 0 1783 X www.foresters.com X 1881 CA Foresters is a fraternal benefit society that provides financial services products and unique benefits to its members and their families. Through its member-governed Branch network, Foresters members are provided opportunities to organize and participate in local volunteer activities and family-focused events. Within this model of community service, Foresters lives its purpose of enhancing the well-being of its members, their families and their local communities. 15 14 85 5824 0 0 0 0 566059865 566870346 342090094 101181194 20757946 167699664 928907905 835751204 9891251 9138693 409273042 588402704 87633490 89622955 0 0 0 307789904 75008228 814587687 762172580 114320218 73578624 5161949709 5193474694 3623779354 3707249027 1538170355 1486225667 Foresters Common Bond informs its purpose is to champion the well-being of its members, their families and communities where they live, which it does through quality life insurance, unique member benefits, and inspiring community activities. Foresters is governed by its members. 0 0 741261498 Insurance Benefits: Foresters provided Insurance Benefits, including life, health and annuity benefits, for approximately 2,167,550 members across the United States, Canada and the United Kingdom. The cost for providing such insurance benefits was approximately $741 million, excluding changes in actuarial reserves. 8986713 Fraternal Benefits and Grants: Foresters provide its members, at no additional cost, with a variety of fraternal benefits outside of the traditional insurance benefits described above. These benefits demonstrate Foresters commitment to the purpose of assisting members, enhancing their well-being, and benefiting their communities. These benefits provide aid in times of trouble, illness or need. The following programs were funded by Foresters for its members. Competitive Scholarship Program (US/Canada/UK): - Foresters granted 430 scholarships valued at $2,500/year in local currency in North America and £1,000/year in the UK, to members, their spouses, children and grandchildren. This benefit was awarded based upon academic credentials and participation in charitable and philanthropic activities. Foresters provided approximately $992,000 towards the Competitive scholarship program in 2024. Foresters Renew Program (US/Canada/UK): - Foresters granted 370 scholarships valued at $1,000/year in local currency in North America and £1,000/year in the UK, to members, their spouses, children and grandchildren. This benefit was awarded based upon academic credentials and participation in charitable and philanthropic activities. Foresters provided approximately $574,750 towards the Renew program in 2024. Lifelong Learning/LawAssure (US/Canada/UK): - Foresters provided these two personal assistance benefits to Foresters members who are seeking learning & development in areas such as but not limited to financial planning, health & wellness, and professional development... as well as access to an online document preparation tool to support in documental creation such as Wills & Power of Attorney". Lifelong Learning allows Foresters members to explore learning opportunities through a customizable online platform where they can learn at their own pace and track their progress. Lifelong Learning provides members with access to over 200 in-demand personal development courses and is offered to Foresters members in all geographic areas. It cost approximately $139,600 to fund this benefit in 2024. LawAssure is an online document preparation service that gives you access to customizable documents, making it simple and convenient. Members can create customizable wills, powers of attorney and healthcare directives from the comfort of their own home. It cost approximately $239,000 to fund this benefit in 2024. Connected Health Program/Foresters Go Dacadoo (US/Canada/UK): - Foresters Go is digital wellness app-based benefit where members can proactively track their diet and fitness habits using different wellness features and earn reward points. Purpose & Community (P&C) is a purpose-driven section of this member benefit designed to reward members and boost their wellbeing through volunteering. In 2024, over 6,980 participated in the Foresters Go program and earned rewards points from downloading and registering the Foresters Go app, from promotions and in-app activities and challenges. It cost over $773,400 to fund this program in 2024. Critical/Terminal Illness benefits (US/Canada): - In 2024, 205 Foresters members received approximately $451,000 in benefits to help defray the cost of health care. Orphan Benefits (US/Canada): - In 2024, Foresters provided approximately $118,200 to legal guardians for care and support of orphans. Additionally, orphans received four years college scholarships. Senior Member Benefits (US/Canada): - Foresters provided complete residential housing and/board for 22 of its most needy members at two retirement homes. In 2024, approximately $476,250 in services were provided. Funding Local Community Activities - Granting (US/Canada/UK): - In 2024, Foresters contributed approximately $4.0 million to the Branch Network in the US, UK and Canada. These funds are held in trust in separate accounts and is administered by the Foresters staff on behalf of Foresters Branches in the US, UK and Canada. Members can apply for these funds to carry out fraternal and community volunteer activities. In 2024, 5,837 activities took place engaging 35,333 members. These funds were used to organize community involvement activities that responded to a real need in a member's community supporting charitable organizations such as children's hospitals, local Boys and Girl Clubs. Related to this initiative, Foresters also supports strengthening families by allowing members to apply for funding to organize fun-family activities in their communities. The funds held in the Branch Network are used to support these types of activities as well. Member Engagement Activities (US/Canada/UK): - In 2024, Foresters invested over $390,000 in engaging our members in social activities designed to give back to our members and teach them about the benefits available to them, and volunteer activities designed to give back to our communities and teach them how to volunteer and host activities on their own. 11924369 Foresters Community Partnerships: Every year, Foresters offer direct support to charities that enhance the well-being of families and communities. Partnerships with non-profit organizations like, but not limited to, Whole Kids Foundation, National Clean-Up (Clean Trails), Evergreen Foundation, and Cash for Kids (in the UK) make this possible at a local level. Members work with these organizations, lending their time to improve the quality of life and well-being of local families and their communities. Sustainability Partnerships: To support giving back to our communities and investing in educating our members and their families on the importance of living a sustainable life, Foresters has partnered with the following organizations: The Whole Kids Foundation: The Whole Kids Foundation supports children and their families in learning about nutrition and wellness. By partnering with organizations like Foresters, the Whole Kids Foundation helps provide grants for school gardens and organizes sustainability activities like pollinator preservation events. 5th World Regenerative Ag Corp.: 5th World seeks to leverage technological innovation, human ingenuity, and the wisdom of nature to foster a positive, more abundant future for all. Their vision is to help build autonomous and regenerative communities that thrive, grow fresh, nutritious and delicious food, are a source for reliable clean water supplies, and harvest renewable energy. Through Foresters Financial's partnership with 5th World, we aim to build sustainable and regenerative food foresters that can feed our communities for generations to come. In 2024, Foresters developed 1 Food Forest in Alberta, Canada. Evergreen - Evergreen champions sustainable change in communities across Canada to help make cities more livable, green and prosperous. Since 2020, Foresters has partnered with Evergreen to create a series of sustainable gardens at the Evergreen Brick Works site in Toronto, Ontario, that supports pollinators, provides access to nutritious food, and fosters a regenerative ecosystem. Clean Trails/National Cleanup Day: - Clean Trails is a community of people focused on keeping the world's natural spaces and the trails that pass through them clear of litter. National Cleanup Day is an initiative by Clean Trails that calls on people to join or start a cleanup project in their communities. In 2024, Foresters invested about $187,000 to support building and beautifying gardens and communities across US, UK and Canada. Playground Builds: To provide equitable access to safe play spaces across the 3 countries that we represent (US, UK, and Canada), Foresters has partnered with the following organizations: KaBOOM! (NA): KaBOOM! is a national non-profit organization dedicated to bringing balanced active play into the daily lives of all kids. With the help of members, employees, and our sales partners, we built 2 playgrounds in 2024, one in Fullerton, California, and the other in Toronto, Ontario, Canada. As of the end of 2024, we hit 175 playspaces in North America. Timotay Playscapes (UK): Timotay designs and installs playgrounds for schools, nurseries, and public spaces for children of all ages and abilities, recognizing that outdoor play is not just for fun, but it is an important part of every child's physical, social, educational, and cognitive development. In 2024, with the help of members and employees, we built 1 playground in Staffordshire, England. In 2024, Foresters invested over $409,000 to support building equitable and safe playspaces for children in communities across US, UK and Canada. Cash for Kids (UK): Cash for Kids is an umbrella brand for Bauer Radio's network of registered local charities. Since 2009, Foresters has been working with Cash for Kids to provide volunteer opportunities for our members that support children and family time. In 2024, Foresters provided $30,668 to sponsor the Cash for Kids Mission Christmas campaign. With this support, the campaign raised over £8 million in cash, gifts and toys and helped almost 200,000 children and their families to have a better holiday season. Throughout November and December, Foresters staff hosted virtual events throughout the UK, where members and their families created care packages for these disadvantaged children. MyBNK (UK): MyBnk is a financial education charity, aiming to bridge the gap of financial literacy in the UK, by delivering expert-led, high-impact financial education programs on topics such as saving, debt and student finance. In 2024, Foresters Financial and MyBnk partnered on approximately 15 activities providing over 120 young adults with essential money skills and knowledge investing over $38,000 towards this partnership. US Hunger: U.S. Hunger is an organization committed to solving food insecurity by providing healthy meals to people and creating a hunger-free world. In June of 2024, around 500 members across Canada, the US and the UK partnered with U.S. Hunger in Orlando, Florida, to pack 150,000 meals for people in need. In 2024, Foresters Financial invested $45,500 to this organization. Tuberous Sclerosis Association (UK): During our 150th anniversary year, members across Canada, the US and the UK submitted video pleas for charities to receive a $/£50,000 donation. Foresters selected the Tuberous Sclerosis Association (TSA) in the UK. The member who nominated the charity has a nephew living with Tuberous Sclerosis Complex (TSC). In their plea, they shared stories about their nephew's struggles and how he continues to be a beacon of light for the family. Since 1977, the TSA has been supporting individuals and families affected by TSC. In 2024, Foresters Financial donated approximately $64,000 to this organization. Marjaree Mason Center for (US): Marjaree Mason Center supports and empowers adults and their children affected by domestic violence, while striving to prevent and end their cycle of abuse through education and advocacy by providing shelter from domestic violence and support services, including education for victims and youth. In 2024, Foresters Financial donated approximately $50,000 to this organization. You Can Ride 2 (Canada): Based in Alberta, You Can Ride 2 is an organization that offers children with disabilities the opportunity to find joy and freedom through movement by reducing barriers to riding a bike. They offer programs to help reduce barriers and make it more accessible for children of all abilities to ride a bike. In 2024, Foresters Financial donated approximately $36,500 to this organization. 0 0 0 762172580 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 9014 0 1 85 1 0 1 CA UK 0 0 0 0 1 0 X 15 14 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X Terence Chan 6472101097 789 Don Mills Road Toronto Ontario CA M3C 1T9 Matthew Berman President and Chief Executive Officer 50 X 1029578 0 0 Rene Zanin Chief Legal, Administrative & Membership Officer 50 X 829308 0 0 Alvin Sharma Global Chief Financial Officer 50 X 777677 0 0 Mehul Kapadia Global Chief Information and Operations Officer 50 X 697502 0 0 Mark Rush Chief Distribution Officer, US Sales 50 X 511780 0 0 Clark Wagner Chief Investment Officer 50 X 412500 0 0 Trudy Engel Vice President and Appointed Actuary 50 X 366563 0 0 Parker Brown General Counsel & Vice President, Data Governance 50 X 356401 0 0 Patricia Colavita SVP and Chief Internal Auditor 50 X 351895 0 0 Sujeether Kumareswaran Vice President, Capital, Business Planning and Strategy 50 X 347757 0 0 Caroline Rendall Chief Risk Officer 50 X 342280 0 0 Daniel Fortin Director 5 X 307777 0 0 Cindy Wang Interim Executive Head, Can Op 50 X 307549 0 0 Kelly Steinmetz AVP, US Sales 50 X 289878 0 0 Meghan Seybold VP, People & Culture 50 X 284890 0 0 Charles Morrison AVP, US Sales 50 X 284294 0 0 Bruce Burak AVP, US Sales 50 X 276833 0 0 Douglas Parrott Assistant Vice President, Chief Underwriter-North America 50 X 272815 0 0 Julia Fantilli VP, US Customer service and New Business 50 X 267687 0 0 Balina Bawa Vice President, Global Tax Compliance and Planning 50 X 266474 0 0 David Sullivan AVP, Claims, Compensation and Contracting 50 X 251601 0 0 Terence Chan Vice President, Finance 50 X 242567 0 0 Ian Collins Chief Compliance & Privacy Officer and Associate General Counsel 50.00 X 227043 0 0 Jeremy Wing Vice President, Pricing and Advanced Analytics 50 X 222625 0 0 JS Ledoux Assistant Vice President, Product Management 50 X 219466 0 0 Richard Hennick Director 5 X 215000 0 0 Nagesh Chawla Vice President, Enterprise Technology and Cybersecurity 50 X 207635 0 0 Gerry Salvatore Assistant Vice President, Sales Operations & Business Development 50 X 195727 0 0 Linda Watters Director 5 X 184400 0 0 Wendy Mao Assistant Vice President, US Reporting 50 X 181795 0 0 Vivian Yip Assistant Vice President, Financial Risk Management 50 X 179852 0 0 Kelly Shum AVP, Financial Management Operations 50 X 176016 0 0 Kris Sarkissian AVP, IT Operations 50 X 175201 0 0 Nadine Kuhlkamp VP, Marketing & Communications 50 X 173344 0 0 Zol Mellary AVP, Project Management Office 50 X 170155 0 0 Noel Mak Vice President 50 X 168277 0 0 Aziz Rguigue Vice President 50 X 164430 0 0 Terry Chan AVP, Business Planning and ALM 50 X 162642 0 0 Valerie Howes Chief AML Officer, Special Investigations & Consumer Complaints 50 X 161852 0 0 Katherine Bardswick Director 5 X 155273 0 0 Sonia Baxendale Director 5 X 155261 0 0 Janice Madon Director 5 X 153293 0 0 Gino Scapillati Director 5 X 143359 0 0 Wendy Watson Director 5 X 136400 0 0 Cindy Worley Director 5 X 136400 0 0 Michael Edge Director 50 X 136400 0 0 Michael Lombardi Director 5 X 135416 0 0 Michael Stramaglia Director 5 X 135416 0 0 Shelly Herman Director 5 X 126400 0 0 Robert Wight Director 5 X 125493 0 0 13800177 0 0 168 0 1 0 CGI Information Systems and Management Consultants Inc 150 Commerce Valley Drive West Markham Ontario CA L3T 7Z3 Project Support 19853745 PHP Agency Inc 16650 Westgrove Drive Addison TX 75001 Sales 9924147 Symmetry Financial Group 204 Whitson Ave Swannanoa NC 28778 Sales 5185801 Superior Performers Inc 1214 Turrentine St Burling NC 272156836 Sales 5045607 Allstate Financial Services LLC 2920 South 84th Street Lincoln NE 68506 Sales 4655945 225 0 0 0 0 0 0 0 0 Insurance Revenue 524298 566870346 0 0 566870346 0 0 0 0 566870346 101181194 0 0 101181194 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other income 524298 58266900 0 0 58266900 Other comprehensive income 524298 109432764 0 0 109432764 0 0 0 0 167699664 835751204 0 0 835751204 3112109 3112109 2221225 2221225 3805359 3805359 588402704 588402704 13800176 13800176 0 0 0 0 0 0 59244273 59244273 0 0 2516246 2516246 0 0 9303496 9303496 0 0 4758764 4758764 0 0 0 0 0 0 1597111 1597111 0 0 2729987 2729987 0 0 0 0 0 0 0 0 0 949635 949635 0 0 6531008 6531008 0 0 27565812 27565812 0 0 83289 83289 0 0 1503245 1503245 0 0 2477771 2477771 0 0 5325442 5325442 0 0 7832420 7832420 0 0 38188 38188 0 0 Medical fees 7808431 7808431 0 0 Change in insurance/reinsurance contract reserves liability due to economic drivers (NFE) 25865090 25865090 0 0 Tax loss carryforward benefit -15521974 -15521974 0 0 Other general expenses -72873 -72873 0 0 295646 295646 0 0 762172580 762172580 0 0 20192555 44826891 63365552 73789627 34653024 37227475 129879937 119577308 909160 2665462 10581897 9656563 912935 925334 3816349770 3785290600 201700521 173425334 25714717 27011958 868271538 928734705 5161949709 5193474694 20718870 23807703 3603060484 3683441324 3623779354 3707249027 X 0 0 0 0 1538170355 1486225667 1538170355 1486225667 5161949709 5193474694 X 73578624 0 0 0 0 -125523312 X 0 1 X 1 0 0 0 0 0 0 0 0 0 0 0 0 10581897 0 9656563 925334 0 0 0 0 925334 Mortgage loans receivable 169318687 Derivative financial instruments 23637 Seg fund, Sep account, Unit-linked assets 42365823 Reinsurance assets 337748888 Other assets 58859149 Leased assets 1364016 Investment in subsidiaries 290132786 Current & deferred income taxes 28921719 928734705 0 Insurance contracts (including benefits payable) 3372674499 Liability for deposit-type contracts 10643076 Other liabilities 53147247 Employee benefit obligation 30989294 Seg fund, Sep account, Unit-liked liabilities 42365823 Lease liabilities 819661 Subordinated debt 172801724 3683441324 1 North America (including Canada and Mexico, but not the United States) Scholarships 213535 North America (including Canada and Mexico, but not the United States) Foresters Renew/ISTS 120456 North America (including Canada and Mexico, but not the United States) Law Assure 75826 North America (including Canada and Mexico, but not the United States) Lifelong Learning 44280 North America (including Canada and Mexico, but not the United States) ForestersGo 245384 North America (including Canada and Mexico, but not the United States) Critical/Terminal Illness Benefits 440445 Europe (including Iceland and Greenland) Member Deals 51763 North America (including Canada and Mexico, but not the United States) Orphan Benefit 15769 North America (including Canada and Mexico, but not the United States) Senior Member Benefit 154013 North America (including Canada and Mexico, but not the United States) Grants to CA Branch Ntwk 574170 North America (including Canada and Mexico, but not the United States) Member Engagement 38737 North America (including Canada and Mexico, but not the United States) Charitable Support 258277 Europe (including Iceland and Greenland) Grants to UK Branch Ntwk 1057641 Europe (including Iceland and Greenland) Member Engagement 72484 Europe (including Iceland and Greenland) Scholarships 113667 Europe (including Iceland and Greenland) Foresters Renew/ISTS 119799 Europe (including Iceland and Greenland) Charitable Support 209113 0 0 3805359 North America (including Canada and Mexico, but not the United States) Grants to CA Branch Ntwk 574170 North America (including Canada and Mexico, but not the United States) Member Engagement 38737 North America (including Canada and Mexico, but not the United States) Charitable Support 258777 Europe (including Iceland and Greenland) Grants to UK Branch Ntwk 1057641 Europe (including Iceland and Greenland) Member Engagement 72484 Europe (including Iceland and Greenland) Charitable Support 209104 3101 0 Scholarships North America (including Canada and Mexico, but not the United States) 115 213535 Foresters Renew/ISTS North America (including Canada and Mexico, but not the United States) 220 120456 Law Assure North America (including Canada and Mexico, but not the United States) 1125 75826 Lifelong Learning North America (including Canada and Mexico, but not the United States) 334 44280 ForestersGo North America (including Canada and Mexico, but not the United States) 1401 245384 Critical/Terminal Illness Benefits North America (including Canada and Mexico, but not the United States) 4 440455 Member Deals Europe (including Iceland and Greenland) 1749 51763 Orphan Benefit North America (including Canada and Mexico, but not the United States) 2 15769 Senior Member Benefit North America (including Canada and Mexico, but not the United States) 1 154013 Scholarships Europe (including Iceland and Greenland) 75 113667 Foresters Renew/ISTS Europe (including Iceland and Greenland) 125 119799 0 0 1 0 1 0 Schedule F, Part I, Line 2 Schedule F, Part I, Line 2 - Foresters develops legally binding contractual agreements with our partners to clearly define the intended use of all monies and outlines the deliverables required. This is done to ensure that all funds are put to their intended purposes as agreed upon. Foresters employs a team of individuals, including relationship managers, program managers and field staff to ensure the attainment of such deliverables, which include: early partnership impact reports, copies of all awareness/marketing materials, detailed advertising campaigning schedules, member volunteer activity guides and on-site assessments of partnership activities. Schedule F, Part II, Line 2 We have instead included total number of grants provided outside the US on Line 2 of Part II of Sch F. 1 US Branch Network 2417409 Member Engagement 242708 KaBOOM 4301 Connecticut Avenue NW Washington DC 20008 332987 Marjaree Mason Center 1300 E Shaw Ave Fresno CA 93710 50000 US Hunger Unit 142 830 South Ronald Reagan Blvd Longwood FL 32750 45500 3 2 Scholarships 240 664983 Foresters Renew/ISTS 350 334500 Law Assure 2422 163174 Lifelong Learning 719 95288 ForestersGo 3016 528058 Critical/Terminal Illness Benefits 1 10551 Orphan Benefit 20 102431 Senior Member Benefit 18 322240 Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - Foresters develops legally binding contractual agreements with our partners to clearly define the intended use of all monies and outlines the deliverable required. This is done to ensure that all funds are put to their intended purposes as agreed upon. Foresters employs a team of individuals, including relationship managers, program managers and field staff to ensure the attainment of such deliverables, which include: early partnership impact reports, copies of all awareness/marketing materials, detailed advertising campaigning schedules, member volunteer activity guides and on-site assessments of partnership activities. X X X X X 0 1 0 Matthew Berman President and Chief Executive Officer 675655 0 328205 0 25718 0 0 0 0 0 1029578 0 Alvin Sharma Global Chief Financial Officer 364386 0 413289 0 2 0 0 0 0 0 777677 0 Rene Zanin Chief Legal, Administrative & Membership Officer 319826 0 509480 0 2 0 0 0 0 0 829308 0 Mehul Kapadia Global Chief Information and Operations Officer 359654 0 322711 0 15137 0 0 0 0 0 697502 0 Caroline Rendall Chief Risk Officer 216764 0 125513 0 2 0 0 0 0 0 342279 0 Patricia Colavita SVP and Chief Internal Auditor 219011 0 132882 0 2 0 0 0 0 0 351895 0 Trudy Engel Vice President and Appointed Actuary 236548 0 130013 0 2 0 0 0 0 0 366563 0 Terence Chan Vice President, Finance 171341 0 71224 0 2 0 0 0 0 0 242567 0 Ian Collins Chief Compliance & Privacy Officer and Associate General Counsel 176687 0 50354 0 2 0 0 0 0 0 227043 0 Valerie Howes Chief AML Officer, Special Investigations & Consumer Complaints 129589 0 31384 0 878 0 0 0 0 0 161851 0 Clark Wagner Chief Investment Officer 250000 0 162500 0 0 0 0 0 0 0 412500 0 Parker Brown General Counsel & Vice President, Data Governance 225570 0 128628 0 2203 0 0 0 0 0 356401 0 Sujeether Kumareswaran Vice President, Capital, Business Planning and Strategy 220667 0 127087 0 2 0 0 0 0 0 347756 0 Mark Rush Chief Distribution Officer, US Sales 219726 0 278866 0 13188 0 0 0 0 0 511780 0 Cindy Wang Interim Executive Head, Can Op 151813 0 155735 0 2 0 0 0 0 0 307550 0 Kelly Shum AVP, Financial Management Operations 149230 0 25082 0 1704 0 0 0 0 0 176016 0 Julia Fantilli VP, US Customer service and New Business 174098 0 91386 0 2203 0 0 0 0 0 267687 0 Meghan Seybold VP, People & Culture 190009 0 92677 0 2203 0 0 0 0 0 284889 0 Nagesh Chawla Vice President, Enterprise Technology and Cybersecurity 164006 0 43628 0 2 0 0 0 0 0 207636 0 Jeremy Wing Vice President, Pricing and Advanced Analytics 167403 0 53019 0 2203 0 0 0 0 0 222625 0 Balina Bawa Vice President, Global Tax Compliance and Planning 178931 0 87540 0 2 0 0 0 0 0 266473 0 JS Ledoux Assistant Vice President, Product Management 187657 0 31807 0 2 0 0 0 0 0 219466 0 Gerry Salvatore Assistant Vice President, Sales Operations & Business Development 168710 0 27016 0 2 0 0 0 0 0 195728 0 David Sullivan AVP, Claims, Compensation and Contracting 215154 0 35989 0 457 0 0 0 0 0 251600 0 Wendy Mao Assistant Vice President, US Reporting 154953 0 24916 0 1926 0 0 0 0 0 181795 0 Vivian Yip Assistant Vice President, Financial Risk Management 152985 0 26865 0 2 0 0 0 0 0 179852 0 Kris Sarkissian AVP, IT Operations 150916 0 24283 0 2 0 0 0 0 0 175201 0 Douglas Parrott Assistant Vice President, Chief Underwriter-North America 232435 0 38935 0 1445 0 0 0 0 0 272815 0 Bruce Burak AVP, US Sales 150000 0 125459 0 1374 0 0 0 0 0 276833 0 Kelly Steinmetz AVP, US Sales 139558 0 144698 0 5622 0 0 0 0 0 289878 0 Charles Morrison AVP, US Sales 139558 0 139448 0 5289 0 0 0 0 0 284295 0 Zol Mellary AVP, Project Management Office 144928 0 25225 0 2 0 0 0 0 0 170155 0 Noel Mak Vice President 101496 0 66779 0 2 0 0 0 0 0 168277 0 Aziz Rguigue Vice President 100999 0 63429 0 2 0 0 0 0 0 164430 0 Terry Chan AVP, Business Planning and ALM 137182 0 25457 0 2 0 0 0 0 0 162641 0 Nadine Kuhlkamp VP, Marketing & Communications 150015 0 23326 0 2 0 0 0 0 0 173343 0 Katherine Bardswick Director 155273 0 0 0 0 0 0 0 0 0 155273 0 Sonia Baxendale Director 155261 0 0 0 0 0 0 0 0 0 155261 0 Daniel Fortin Director 307777 0 0 0 0 0 0 0 0 0 307777 0 Michael Lombardi Director 135416 0 0 0 0 0 0 0 0 0 135416 0 Janice Madon Director 153293 0 0 0 0 0 0 0 0 0 153293 0 Gino Scapillati Director 143359 0 0 0 0 0 0 0 0 0 143359 0 Michael Stramaglia Director 135416 0 0 0 0 0 0 0 0 0 135416 0 Robert Wight Director 125493 0 0 0 0 0 0 0 0 0 125493 0 Richard Hennick Director 215000 0 0 0 0 0 0 0 0 0 215000 0 Shelly Herman Director 126400 0 0 0 0 0 0 0 0 0 126400 0 Wendy Watson Director 136400 0 0 0 0 0 0 0 0 0 136400 0 Linda Watters Director 184400 0 0 0 0 0 0 0 0 0 184400 0 Cindy Worley Director 136400 0 0 0 0 0 0 0 0 0 136400 0 Michael Edge Director 136400 0 0 0 0 0 0 0 0 0 136400 0 Schedule J, Part I, Line 3 Schedule J, Part I, Line 3 - Foresters Board has a Human Capital and Governance Committee ("HCGC"), comprised of independent directors. Its mandate requires the Committee to recommend to the Board the annual compensation for the CEO and to approve the annual compensation for the CEO and their direct reports. Every 2 years, a formal review of executive compensation is completed, including comparator organizations, and competitiveness of total compensation levels (i.e. base pay and incentives). This review is done by external compensation consultants who are approved by the HCGC and who provide comparable data for the financial services/insurance industry. The information is reviewed in detail by the HCGC. Foresters HCGC uses this biennial compensation information to review salary and incentive levels for the CEO and their direct reports; this data is used to inform recommendations for any changes to compensation. Schedule J, Part I, Line 4 Schedule J, Part I, Line 4 - There were some individuals that received either severance or supplemental non-qualified plan payments in 2024. Form 990, Part VI, Section A, Line 6 Form 990, Part VI, Section A, Line 6 - 1 Branch per 15,000 members (+/-15%). 10 elected members per Branch all are members of the Regional Assembly to which their Branch belongs. Elected members of the branch elect a President and Vice President which also represent their Branch at the International Assembly. Regional Assemblies elect 10 councilors and 1 president all 11 represent their Region at the International Assembly. Form 990, Part VI, Section A, Line 7a Form 990, Part VI, Section A, Line 7a - 1 Branch per 15,000 members (+/-15%). 10 elected members per Branch all are members of the Regional Assembly to which their Branch belongs. Elected members of the branch elect a President and Vice President which also represent their Branch at the International Assembly. Regional Assemblies elect 10 councilors and 1 president all 11 represent their Region at the International Assembly. Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - Form 990 is prepared by the Finance Department with input from relevant areas of the organization. This form is reviewed by the V.P., Global Tax Compliance and Planning and other officers of the organization. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - Once a year, employees are required to review the Code of Ethics document in its entirety and to complete an acknowledgement and conflict of interest disclosure form. Form 990, Part VI, Section B, Line 15 Form 990, Part VI, Section B, Line 15 - Foresters Board has a Human Capital and Governance Committee ("HCGC"), comprised of independent directors. Its mandate requires the Committee to recommend to the Board the annual compensation for the CEO and to approve the annual compensation for the CEO and their direct reports. Every two years, a formal review of executive compensation is completed, including comparator organizations, and competitiveness of total compensation levels (i.e., base pay and incentives). This review is done by external compensation consults who are approved by the HCGC and who provide comparable data for the financial services/insurance industry. The information is reviewed in detail by the HCGC. Foresters HCGC uses this biennial compensation information to review salary and incentive levels for the CEO and their direct reports; this data is used to inform recommendations for any changes to compensation. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - The documents are on our website at www.foresters.com. Code of Ethics, Constitution, audited financial statements and Annual Report. Form 990, Part XI, Line 9 Other changes in net assets includes currency translation gains and losses. Foresters Holdings (Europe) Ltd 2 Cromwell Avenue Bromley UK BR2 9BF Holding Company UK THE INDEPENDENT ORDER OF FORESTERS C 1 1 Foresters Life Insurance Company 789 Don Mills Road Toronto Ontario CA M3C 1T9 Insurance company CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 Foresters Investment Management Company Inc 789 Don Mills Road Toronto Ontario CA M3C 1T9 Asset Management DE THE INDEPENDENT ORDER OF FORESTERS C 1 1 Foresters Securities (Canada) Inc 789 Don Mills Road 16th Floor Toronto Ontario CA M3C 1T9 Broker Dealer CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 Sylvan Agency (Canada) Inc Dormant 789 Don Mills Rd 16th Floor Toronto Ontario CA M3C 1T9 Broker Dealer CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 Canada Protection Plan Inc 789 Don Mills Road Toronto Ontario CA M3C 1T9 Selling insurance CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 Foresters Holdings (Europe) Ltd f 12511000 Actual dividend amount Foresters Holdings (Europe) Ltd q 3086330 Contractual amount for services Foresters Life Insurance Company q 19976579 Contractual amount for services Canada Protection Plan Inc q 129405 Contractual amount for services