ALL: Leadership change · Company disclosure

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The Allstate Corporation today announced that effective August 3, 2026, Christian M. Lown will join Allstate as Executive Vice President and Chief Financial Officer of The Allstate Corporation and Allstate Insurance Company. Prior to joining Allstate, Mr. Lown, age 56, served as the chief financial officer of CoStar Group, Inc. from July 2024 to July 2026 and executive vice president and chief financial officer of the Federal Home Loan Mortgage Corporation (Freddie Mac) from June 2020 to June 2024. Mr. Lown holds a BA from the University of Lynchburg and an MBA from the University of Virginia. Effective August 3, 2026, Mr. Lown will receive an annual base salary of $875,000. In addition, Mr. Lown will be eligible for discretionary cash incentive awards, with an annual target opportunity of 200% of salary and an equity incentive opportunity of 375% of salary delivered 60% in performance stock awards, 20% in restricted stock units (“RSUs”) and 20% in stock options. Mr. Lown’s 2026 cash incentive and equity opportunity will be pro-rated based on his hire date. Mr. Lown will receive a one-time cash sign-on bonus of $2,000,000 within 60 days of his start date and be eligible for a sign-on equity grant of $4,100,000 in RSUs, with ratable 3-year vesting, on the third business day of the month following his start date. Section 7 - Regulation FD Item 7.01. Regulation FD Disclosure On July 14, 2026, the Registrant issued a press release announcing the appointment of Christian M. Lown as its Executive Vice President and Chief Financial Officer. A copy of the press release is attached as Exhibit 99.1 to this report. This exhib