Shareholders' Rights Policy

I. Introduction
II. Access to Books and Records
III. Participation at Annual Meeting ofShareholders
IV. Shareholder Proposals and Shareholder Nominations

I. Introduction

Globe Life Inc. (the "Company") values its relationship with all of its shareholders. Any communication from a shareholder requesting information relating to the Company should be forwarded to the Company's investor relations department for proper handling. Capitalized terms and used herein, but not otherwise defined shall have the meaning ascribed to them in the Amended and Restated By-laws of the Company (the "By-Laws")

II. Access to Books and Records

The Company understands and supports the rights of shareholders to access information relevant to their investment in the Company. Shareholders have the right during normal business hours to inspect for any proper purpose the Company's stock ledger, a list of the shareholders, and its other books and records, and to make copies or extracts therefrom.

The Company also understands that the unrestricted dissemination of information relating to the business and affairs of the Company could be contrary to the interests of the Company and its shareholders. Accordingly, all requests for access to the Company's books and records must comply with the following requirements:

  1. The request shall be in writing and be notarized;
  2. The request must be received by the Company at least ten days before the date on which the shareholder would like to review the information;
  3. The request must state the shareholder's purpose in accessing the information; and
  4. The shareholder’s stated purpose must be reasonably related to the person's interest as a shareholder and the shareholders must provide evidence or establish a factual basis in support of the shareholder’s stated purpose for accessing the information.

The Company reserves the right (i) to assess the propriety of the request and (ii) to schedule any shareholder visit at a time convenient to the Company.

III. Participation at Annual Meeting of Shareholders

  1. The Company recognizes that the Annual Meeting of Shareholders ("Annual Meeting") is an important opportunity for shareholders to address the Board of Directors and to discuss meaningful issues and encourages all shareholders to attend the Annual Meeting in person. The following are guidelines for participation in person at the Annual Meeting. Only shareholders and Company employees and directors may attend the Annual Meeting.
    1. Sign in. All attendees are required to sign in before entering the Annual Meeting. At sign in shareholders must present two credentials: (i) proof of share ownership (or a proxy signed by a registered holder that delegates voting authority to the bearer) and (ii) a government-issued photo ID. Employees are required to show an Employee ID at sign in.
    2. Security. Please note that cameras, sound or video recording equipment, or other similar equipment, electronic devices, large bags, briefcases or packages will not be allowed in the meeting room. You may be required to enter through a security checkpoint before being granted access to the venue. You will not be permitted to use your smart phone to record the Annual Meeting. Any attendee disrupting the Annual Meeting will be removed.
    3. Advance Notice. The Company will answer all questions as fully and accurately as possible. In order to assist in doing so, shareholders are required to provide the Company with advance notice of any questions which they plan to ask at the Annual Meeting. The notices should be directed to the Corporate Secretary and should be received by the Company at least 10 days before the date of the Annual Meeting. Any question not provided through this advance notice process will not be answered.
    4. Time Limit. All shareholders shall be given an opportunity at the Annual Meeting to discuss with management any issues reasonably related to the management of the Company. In order to ensure that all shareholder questions and concerns can be adequately addressed, shareholder comments will be limited to 3 minutes. A shareholder may seek to have this time limit extended by making a written request to the Company. This request must be received by the Company at least five days prior to the date of the Annual Meeting, and it shall set forth the reasons for the extension.
  2. In an effort to provide the Company's shareholders with greater access to the Annual Meeting, the Company may broadcast its Annual Meeting on the Internet. In such event, any shareholder may listen to the proceedings of the Annual Meeting broadcast live on the Internet from the Company's website, www.investors.globelifeinsurance.com (provided the shareholder has access to web-based technology capable of receiving the broadcast). The following are guidelines for participation in the Annual Meeting via the Internet.
    1. Login. All shareholders are required to login to the Annual Meeting through the Company's website using certain pre-assigned identification numbers and passwords printed on the shareholder’s proxy card distributed with the Company's annual proxy materials.
    2. Advance Notice. The Company will answer all questions as fully and accurately as possible. In order to assist in doing so, shareholders are asked to provide the Company with advance notice of any questions which they would like to be addressed at the Annual Meeting. The notices should be directed to the Corporate Secretary and should be received by the Company at least 10 days before the date of the Annual Meeting. Management, at its discretion, may present and respond to such shareholder questions at the Annual Meeting or respond in writing after the conclusion of the Annual Meeting.
    3. Shareholder Comments. All shareholders listening to the Annual Meeting via the Internet shall be permitted to send to management by electronic messaging (email) comments reasonably related to the management of the Company. The email address to which comments may be sent is investors@globe.life. Management, at its discretion, may present and respond to such shareholder comments at the Annual Meeting or respond via return e-mail after the conclusion of the Annual Meeting.

IV. Shareholder Proposals

The Company supports the rights of shareholders to make proposals in its proxy statement for each Annual Meeting and to nominate candidates for the Board of Directors at each Annual Meeting or special meeting where directors are elected. Shareholder proposals must either meet the requirements set forth in the Company's By-Laws or the requirements of Rule 14a-8 of the Securities Exchange Act. Shareholder nominations for the Company's Board of Directors must meet the requirements set forth in the Company's By-Laws. The Company's By-Laws include the right for nominating shareholders to have their nominees included on the Company’s proxy card and a brief description of each nominee included in the Company's proxy statement (“Proxy Access Rights”). Per Rule 14a-19 of the Securities Exchange Act, all duly nominated director candidates, including shareholder nominees, will be included on a single proxy card regardless of whether the nominating shareholder chooses to utilize its Proxy Access Rights.