MARKEL GROUP INC.

This proposal requests that Markel prepare and publish a report (omitting proprietary information) explaining whether and how the company will scale up, accelerate, and strengthen its strategies and action plans to mitigate material environmental risks tied to its business. The proponent cites growing climate-driven insured losses and industry peers' practice of issuing TCFD/ISSB-style reports with information on board oversight, underwriting criteria, scenario analysis, and emissions strategies. The requested report could be prepared in accordance with a recognized framework (for example, TCFD or ISSB) and would focus on decision-useful disclosures about climate-related risk management and mitigation. The proposal emphasizes transparency to help investors assess enterprise and systemic climate risks affecting insurance and investment exposures.

This proposal asks the Board to amend the company's governing documents to permit shareholders holding a combined 10% of outstanding common stock (or the minimum allowed by state law) to call a special shareholder meeting, including the option for an online meeting. The proponent requests no ownership-duration requirement or other barriers and argues such a right provides a mechanism for shareholders to promptly address pressing issues and hold the Board accountable between annual meetings. The proposal notes that many companies allow a 10% threshold and that special meetings are rarely used, but can serve to resolve important matters when they arise. The proposal seeks to strengthen shareholder rights and mechanisms for engagement on corporate strategy and performance.