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CINCINNATI FINANCIAL CORP

CINF · FY2025

ALIGNED

CEO Package

$5.9M

Pay Ratio

—

Stephen M. Spray

Pay fell roughly in step with TSR

BERKSHIRE HATHAWAY INC

BRK.B · FY2025

MIXED

CEO Package

$289K

Pay Ratio

—

Warren E. Buffett

Both pay and TSR fell, but the reset was partial

ALLSTATE CORP

ALL · FY2025

MIXED

CEO Package

$22.9M

Pay Ratio

—

Thomas J. Wilson

Both pay and TSR fell, but the reset was partial

CEOTotal Compensation — All Companies

CINF$5.9MBRK.B$289KALL$22.9M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

ALL carries the largest package at $22.9M, about 79.2x BRK.B.
BRK.B reads mixed, while CINF looks aligned.
ALL is the most equity-heavy package, while BRK.B leans hardest on other compensation.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

CINF

Stephen M. Spray

$5.9M

base salary19%
stock awards30%
option awards29%
non-equity incentive compensation12%

BRK.B

Warren E. Buffett

$289K

other compensation100%

ALL

Thomas J. Wilson

$22.9M

base salary6%
stock awards47%
option awards20%
non-equity incentive compensation24%
other compensation2%

Quick Comparison

CompanyCEOLatest YearTotal Comp
CINCINNATI FINANCIAL CORP(CINF)Steven J. Johnston2025$2.4M
BERKSHIRE HATHAWAY INC(BRK.B)Warren E. Buffett2025$0.3M
ALLSTATE CORP(ALL)Thomas J. Wilson2025$22.9M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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