Effective June 13, 2023, the Board of Directors of Brown & Brown, Inc. increased the size of the Board from 12 directors to 14 directors. On June 13, 2023, the Board appointed Paul J. Krump, age 63, and Bronislaw E. Masojada, age 61, to each serve as a director of the Company, effective immediately. Mr. Krump retired from Chubb Limited effective January 1, 2023, most recently serving as Vice Chairman, Global Underwriting and Claims from September 2020 until his retirement.

From 2016 to 2020, Mr. Krump served as Executive Vice President, Chubb Group and President, North America Commercial and Personal Insurance. Before Chubb Limited's January 2016 acquisition of The Chubb Corporation, Mr. Krump served as Chief Operating Officer of The Chubb Corporation. Mr. Krump joined The Chubb Corporation in 1982 as a commercial underwriting trainee in the Minneapolis office and held numerous headquarters and field positions in the United States and Europe, including President of Personal Lines and Claims and President of Commercial and Specialty Lines.

Mr. Masojada served as Chief Executive Officer of Hiscox Group ("Hiscox") from 2000 to until his retirement in 2021. Mr. Masojada first joined Hiscox in 1993 as Group Managing Director. Prior to joining Hiscox, Mr. Masojada began his career at McKinsey & Company.

Mr. Masojada served as Deputy Chairman of Lloyd's of London from 2001 to 2007 and as Chairman of the Lloyd's Tercentenary Research Foundation from 2008 to 2014. Mr. Masojada currently serves as Chair of the Board of Directors of SiriusPoint Ltd. The initial term as a director on the Board for each of Messrs. Krump and Masojada expires at the Company's 2024 Annual Meeting of Shareholders.

Also effective June 13, 2023, the Board appointed Mr. Krump to the Board's Audit Committee and Acquisition Committee, and appointed Mr. Masojada to the Board's Audit Committee and Compensation Committee.