Effective January 1, 2022, the Board of Directors of The Travelers Companies, Inc. increased the number of directors on the Board from 11 to 13 and elected Rafael Santana and Bridget van Kralingen as directors to serve until their respective successor is elected and has qualified. Mr. Santana and Ms. van Kralingen will each be included as a nominee for director in Travelers' 2022 proxy statement and subject to a shareholder vote at Travelers' 2022 annual meeting of shareholders. Mr. Santana was also appointed as a member of the Compensation, Investment and Capital Markets and Nominating and Governance Committees of the Board of Directors.

Mr. Santana is the President and Chief Executive Officer of Wabtec Corporation. Ms. van Kralingen was also appointed as a member of the Audit and Risk Committees of the Board of Directors. Ms. van Kralingen is a Senior Vice President of International Business Machines Corporation, where she has held a number of positions of increasing responsibility since joining in 2004.