Notice of 2023 Annual Meeting and Proxy Statement
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Index
Notice of 2023 Annual Meeting and Proxy Statement
Letter from Chair, President and CEO
Letter from Independent Directors
Notice of 2023 Annual Meeting of Shareholders
Participating in Our Annual Meeting
Table of Contents
Proxy Summary
Corporate Governance
Proposal 1. Election of 12 Directors
The Director Nominees at a Glance
Director Nominees
Board and Nominee Independence Determinations
Effective Board Governance at Allstate
Board Composition
Board Effectiveness
Board Oversight
Board Accountability
Stakeholder Input and Responsiveness
Board Structure
Director Compensation
Sustainability at Allstate
Our ESG Strategy
Our Key ESG Priorities
Responsible Investing – Aligning with ESG Priorities
Governance of ESG
Executive Compensation
Proposal 2. Say-on-Pay: Advisory Vote on the Compensation of the Named Executives
Compensation Discussion and Analysis
Compensation Committee Report
Summary Compensation Table
Grants of Plan-Based Awards at Fiscal Year-end 2022
Outstanding Equity Awards at Fiscal Year-end 2022
Option Exercises and Stock Vested During 2022
Retirement Benefits
Non-Qualified Deferred Compensation at Fiscal Year-end 2022
Potential Payments as a Result of Termination or Change in Control (“CIC”)
Estimate of Potential Payments Upon Termination
Performance Measures for 2022
CEO Pay Ratio
Pay Versus Performance Table
Say-on-Frequency
Proposal 3. Advisory Vote on the Frequency of Future Advisory Votes on the Compensation of the Named Executives
Audit Committee Matters
Proposal 4. Ratification of Deloitte & Touche LLP as the Independent Registered Public Accountant for 2023
Audit Committee Report
Stock Ownership Information
Security Ownership of Certain Beneficial Owners
Other Information
Proxy and Voting Information
Appendix A – Definitions of Non-GAAP Measures
Appendix B – Categorical Standards of Independence
Appendix C – Executive Officers
Helpful Links and Resources
About Allstate
Governance
Sustainability
2022 Annual Report
Table of Contents
Business
Overview
Strategy and Segment Information
Allstate Protection
Protection Services
Allstate Health and Benefits
Other Business Segments
Forward-Looking Statements
Common Stock Performance Graph
Management's Discussion and Analysis of Financial Condition and Results of Operations
2022 Highlights
Property-Liability Operations
Allstate Protection
Run-Off Property-Liability
Protection Services
Property and Casualty Insurance Claims and Claims Expense Reserves
Allstate Health and Benefits
Investments
Market Risk
Capital Resources and Liquidity
Enterprise Risk and Return Management
Application of Critical Accounting Estimates
Regulation and Legal Proceedings
Pending Accounting Standards
Consolidated Financial Statements
Consolidated Statements of Operations
Consolidated Statements of Comprehensive Income (Loss)
Consolidated Statements of Financial Position
Consolidated Statements of Shareholders' Equity
Consolidated Statements of Cash Flows
Notes to Consolidated Financial Statements
Report of Independent Registered Public Accounting Firm
Back Cover
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Go to Home
Open index
Open page thumbnails
Search
Index
Notice of 2023 Annual Meeting and Proxy Statement
Letter from Chair, President and CEO
Letter from Independent Directors
Notice of 2023 Annual Meeting of Shareholders
Participating in Our Annual Meeting
Table of Contents
Proxy Summary
Corporate Governance
Proposal 1. Election of 12 Directors
The Director Nominees at a Glance
Director Nominees
Board and Nominee Independence Determinations
Effective Board Governance at Allstate
Board Composition
Board Effectiveness
Board Oversight
Board Accountability
Stakeholder Input and Responsiveness
Board Structure
Director Compensation
Sustainability at Allstate
Our ESG Strategy
Our Key ESG Priorities
Responsible Investing – Aligning with ESG Priorities
Governance of ESG
Executive Compensation
Proposal 2. Say-on-Pay: Advisory Vote on the Compensation of the Named Executives
Compensation Discussion and Analysis
Compensation Committee Report
Summary Compensation Table
Grants of Plan-Based Awards at Fiscal Year-end 2022
Outstanding Equity Awards at Fiscal Year-end 2022
Option Exercises and Stock Vested During 2022
Retirement Benefits
Non-Qualified Deferred Compensation at Fiscal Year-end 2022
Potential Payments as a Result of Termination or Change in Control (“CIC”)
Estimate of Potential Payments Upon Termination
Performance Measures for 2022
CEO Pay Ratio
Pay Versus Performance Table
Say-on-Frequency
Proposal 3. Advisory Vote on the Frequency of Future Advisory Votes on the Compensation of the Named Executives
Audit Committee Matters
Proposal 4. Ratification of Deloitte & Touche LLP as the Independent Registered Public Accountant for 2023
Audit Committee Report
Stock Ownership Information
Security Ownership of Certain Beneficial Owners
Other Information
Proxy and Voting Information
Appendix A – Definitions of Non-GAAP Measures
Appendix B – Categorical Standards of Independence
Appendix C – Executive Officers
Helpful Links and Resources
About Allstate
Governance
Sustainability
2022 Annual Report
Table of Contents
Business
Overview
Strategy and Segment Information
Allstate Protection
Protection Services
Allstate Health and Benefits
Other Business Segments
Forward-Looking Statements
Common Stock Performance Graph
Management's Discussion and Analysis of Financial Condition and Results of Operations
2022 Highlights
Property-Liability Operations
Allstate Protection
Run-Off Property-Liability
Protection Services
Property and Casualty Insurance Claims and Claims Expense Reserves
Allstate Health and Benefits
Investments
Market Risk
Capital Resources and Liquidity
Enterprise Risk and Return Management
Application of Critical Accounting Estimates
Regulation and Legal Proceedings
Pending Accounting Standards
Consolidated Financial Statements
Consolidated Statements of Operations
Consolidated Statements of Comprehensive Income (Loss)
Consolidated Statements of Financial Position
Consolidated Statements of Shareholders' Equity
Consolidated Statements of Cash Flows
Notes to Consolidated Financial Statements
Report of Independent Registered Public Accounting Firm
Back Cover
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