Management Change/Compensation (Form 8-K)

(d) Effective November 4, 2026, the Board of Directors (the "Board") of The Travelers Companies, Inc. ("Travelers") increased the number of directors on the Board from nine to ten and elected Lesley Goldwasser as a director to serve until the next annual election of directors by shareholders and until her successor is elected and has qualified.

Ms. Goldwasser was also appointed as a member of the Compensation, Investment and Capital Markets and Nominating and Governance Committees of the Board. Ms. Goldwasser is Vice Chairman of GreensLedge Capital Markets LLC ("GreensLedge"), a Raymond James company. Ms. Goldwasser had been a Managing Partner of GreensLedge from 2013 until its acquisition by Raymond James in March 2026. Prior to joining GreensLedge, Ms. Goldwasser was a Managing Director with Credit Suisse Group with global responsibility for the hedge fund strategic services unit.

In connection with her service as a non-employee director, Ms. Goldwasser will receive compensation in accordance with Travelers' Current Director Compensation Program described in Exhibit 10.2 to Travelers' Form 10-Q for the quarter ended June 30, 2025, filed on July 17, 2025.