MBIA INC — Remuneration Information 2011

Mar 22, 2011

DEFA14A 1 ddefa14a.htm DEFINITIVE ADDITIONAL MATERIALS Definitive Additional Materials

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

Filed by the Registrant x Filed by a Party other than the Registrant ¨

Check the appropriate box:

¨ Preliminary Proxy Statement

¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

¨ Definitive Proxy Statement

x Definitive Additional Materials

¨ Soliciting Material Pursuant to §240.14a-12

MBIA Inc.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

x No fee required.

¨ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

(1) Title of each class of securities to which transaction applies:

(2) Aggregate number of securities to which transaction applies:

(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

(4) Proposed maximum aggregate value of transaction:

(5) Total fee paid:

¨ Fee paid previously with preliminary materials.

¨ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

(1) Amount Previously Paid:

(2) Form, Schedule or Registration Statement No.:

(3) Filing Party:

(4) Date Filed:

* Exercise Your Right to Vote ***

Important Notice Regarding the Availability of Proxy Materials for the

Shareholder Meeting to Be Held on May 4, 2011.

MBIA INC.

MBIA INC.

113 KING STREET

ARMONK, NY 10504

Meeting Information
Meeting Type:	Annual Meeting
For holders as of:	March 9, 2011
Date: May 4, 2011	Time: 10:00 a.m. EDT

Location:
113 King Street
Armonk, New York 10504

You are receiving this communication because you hold shares in the above named company.

This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online at www.proxyvote.com or easily request a paper copy (see reverse side).

We encourage you to access and review all of the important information contained in the proxy materials before voting.

See the reverse side of this notice to obtain proxy materials and voting instructions.

M33189-Z54939

— Before You Vote —

How to Access the Proxy Materials

Proxy Materials Available to VIEW or RECEIVE:
NOTICE AND PROXY STATEMENT ANNUAL REPORT
How to View Online:
Have the information that is printed in the box marked by
the arrow g	XXXX XXXX XXXX	(located on the following page)
and visit: www.proxyvote.com.
How to Request and Receive a PAPER or E-MAIL
Copy:

| If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the
following methods to make your request: | |
| --- | --- |
| 1) BY INTERNET: | www.proxyvote.com |
| 2) BY TELEPHONE: | 1-800-579-1639 |
| 3) BY E-MAIL*: | sendmaterial@proxyvote.com |

| * If requesting materials by e-mail, please send a blank e-mail with the information that is printed
in the box marked by the arrow — g |
| --- |
| Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the
request as instructed above on or before April 21, 2011 to facilitate timely delivery. |

— How To Vote —

Please Choose One of the Following Voting Methods

| Vote In Person: Many
shareholder meetings have attendance requirements including, but not limited to, the possession of an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance.
At the meeting, you will need to request a ballot to vote these shares. | | |
| --- | --- | --- |
| Vote By Internet: To vote now by Internet, go to www.proxyvote.com. Have the information that is printed in the box
marked | | |
| by the arrow g | XXXX XXXX XXXX | available and follow the instructions. |
| Vote By Mail: You can vote by mail by requesting a paper copy of the materials, which will include a proxy card. | | |

M33190-Z54939

Voting Items

The Board of Directors recommends

you vote FOR the following:

1. Election of Directors

1a. Joseph W. Brown

1b. David A. Coulter

1c. Claire L. Gaudiani

1d. Steven J. Gilbert

1e. Daniel P. Kearney

1f. Kewsong Lee

1g. Charles R. Rinehart

1h. Theodore Shasta

1i. Richard C. Vaughan

The Board of Directors recommends

you vote FOR the following proposal:

1. Advisory vote on executive compensation.

The Board of Directors recommends you

vote for 1 YEAR frequency:

1. Advisory vote on the frequency of executive compensation votes.

The Board of Directors recommends you

vote FOR the following proposal:

1. To ratify the selection of PricewaterhouseCoopers LLP, certified public accountants, as independent auditors for the Company for the year 2011.

NOTE: Such other business as may properly come

before the meeting or any adjournment thereof.

M33191-Z54939

M33192-Z54939