Kemper Corporation (NYSE:KMPR) (the "Company") today announced that it granted inducement equity awards to two new executives in connection with their commencement of employment with the Company.

Effective June 1, 2026, Stephen J. McAnena, President and Chief Executive Officer, was granted an award of restricted stock units with respect to 27,945 shares of Kemper Corporation's common stock ("Common Stock"), an award of stock options (and tandem stock appreciation rights) with respect to 111,777 shares of Common Stock, and an award of performance stock units with respect to 83,833 shares of Common Stock at target (for which up to 178,843 shares may be earned based on performance).

The restricted stock units and stock options are scheduled to vest in three equal increments on each of the first three anniversaries of the grant date, generally subject to McAnena's continued employment through each vesting date. The performance stock units provide a target number of shares of Common Stock that may be earned over a three-year performance period based on achievement with respect to various financial metrics.

Effective June 1, 2026, Kelly L. Coomer, Executive Vice President, Chief Information Officer, was granted an award of restricted stock units with respect to 43,913 shares of Common Stock. These restricted stock units are scheduled to vest in three equal increments on each of the first three anniversaries of the grant date, generally subject to Coomer's continued employment through each vesting date.

These awards were approved by the Human Resources and Compensation Committee of the Board of Directors of the Company, and were granted under the Kemper Corporation 2026 Inducement Plan as employment inducement awards pursuant to New York Stock Exchange Listing Rule 303A.08.

About Kemper

The Kemper family of companies is one of the nation's leading specialized insurers. With approximately $12 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families, and businesses through its Kemper Auto and Kemper Life brands. Kemper serves over 4.5 million policies, is represented by approximately 24,000 agents and brokers, and has approximately 7,300 associates dedicated to meeting the ever-changing needs of its customers. Learn more about Kemper at kemper.com.

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Investors: Michael Marinaccio, 312.661.4930 or investors@kemper.com

Media: Barbara Ciesemier, 312.661.4521 or bciesemier@kemper.com

Kemper Announces Inducement Equity Awards for Newly Hired Executives