Tiptree Inc.

Tiptree is a company that builds long-term value by investing capital in small and middle-market companies across various industries. The company has a significant history of investing in the insurance and credit-related financial sectors. Tiptree acquires controlling interests and invests in businesses that operate in industries with long-term growth opportunities, have positive and stable cash flows, offer scalable business models with embedded optionality, and possess strong management teams. The company's financial goals are to generate consistent and growing earnings and cash flow, and to enhance stockholder value through growth in stock price plus dividends paid. Tiptree manages its investments with a long-term perspective, balancing cash-flowing investments with opportunities for capital appreciation. It focuses on targeting investment returns that combine current earnings and long-term capital appreciation. The company prioritizes efficient deployment of capital to create long-term value for stockholders through investments in existing businesses, select acquisitions and monetization opportunities, opportunistic share repurchases, and consistent dividend payments. As of December 31, 2025, directors, officers, employees, and related trusts owned 34% of the Company. In its insurance and financial services businesses, Tiptree emphasizes disciplined underwriting, with attention to pricing, underwriting, and claims management.