Cincinnati Financial (CINF) Announces Changes to Board of Directors

Cincinnati Financial Corporation (Nasdaq: CINF) today announced that Thomas J. Aaron has resigned from the board of directors of Cincinnati Financial Corporation and boards of affiliated companies. At the same time, the board reduced its size to 13 members. Mr. Aaron's resignation is not the result of a disagreement with any of the companies on any matter relating to their operations, policies or practices.

A director since 2019, Mr. Aaron has served as a member of the audit and compensation committees. He also served as a director of the company's U.S. insurance subsidiaries. His contributions included using his experience to provide financial expertise to the board and helping to guide management in decisions and actions related to planning, risk management, investor relations and capital management.

Stephen M. Spray, president and chief executive officer, commented, "Tom has been an important part of our board as he complemented contributions from other board members. Although the skills and effort he provided to the board will be missed, we know he is eager to spend more time with his family and volunteer activities. It has been a privilege to work alongside him and we are grateful for his service to our company."

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