The Hartford Financial Services (HIG): Remain Buy on Strength of Trends in Core Business, Despite Liability Overhang Post-2Q26

Research evidence excerpt

The Hartford Financial Services (HIG): Remain Buy on Strength of Trends in Core Business, Despite Liability Overhang Post-2Q26

Goldman Sachs The Hartford Financial Services (HIG)

Disclosure Appendix

Reg AC

We, Robert Cox, Jack Kendall and Victoria Gong, hereby certify that all of the views expressed in this report accurately reflect our personal views about

the subject company or companies and its or their securities. We also certify that no part of our compensation was, is or will be, directly or indirectly,

related to the specific recommendations or views expressed in this report.

Unless otherwise stated, the individuals listed on the cover page of this report are analysts in Goldman Sachs’ Global Investment Research division.

Contributing Authors: Robert Cox Goldman Sachs & Co. LLC, Jack Kendall Goldman Sachs & Co. LLC, Victoria Gong Goldman Sachs & Co. LLC.

Unless otherwise stated, the individuals listed in the Contributing Authors disclosure of this report are analysts in Goldman Sachs’ Global Investment

Research division.

GS Factor Profile

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and its sector peers. The four key attributes depicted are: Growth, Financial Returns, Multiple (e.g. valuation) and Integrated (a composite of Growth,

Financial Returns and Multiple). Growth, Financial Returns and Multiple are calculated by using normalized ranks for specific metrics for each stock. The

normalized ranks for the metrics are then averaged and converted into percentiles for the relevant attribute. The precise calculation of each metric may

vary depending on the fiscal year, industry and region, but the standard approach is as follows: