Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 295

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 295
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|
| 2026(1)             |     |        41,287 |
| 2027                |     |        55,000 |
| 2028                |     |             — |
| 2029                |     |             — |
| 2030 and thereafter |     |       275,000 |
| Total               |     |      $371,287 |

| (1) | The noted maturities entirely relate to asset based debt which is recourse only to specific assets and related cash flows and not recourse to Fortegra. |

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#### TABLE OF CONTENTS

#### THE FORTEGRA GROUP, INC. AND SUBSIDIARIES
<div align='center'>Notes to Condensed Consolidated Financial Statements (Unaudited)</div>

#### September 30, 2025
<div align='center'>(in thousands, unless otherwise noted)</div>

The following narrative is a summary of certain terms of our debt agreements for the nine months ended September 30, 2025:

#### Corporate Debt
Secured Revolving Credit Agreements

As of September 30, 2025 and December 31, 2024, a total of $55,000 and $0, respectively, was outstanding under the Company’s revolving line of credit. The maximum borrowing capacity under the agreements as of September 30, 2025 was $200,000.

Preferred Trust Securities

Prior to March 2025, a subsidiary had $35,000 of preferred trust securities due June 15, 2037. Interest was payable quarterly at an interest rate of SOFR plus Spread Adjustment plus 4.10% (previously, LIBOR plus 4.1%). In March 2025, the Company paid the full outstanding principal amount equal to $35,000 of such preferred trust securities outstanding plus accrued interest of $771.

#### Asset Based Debt
Asset Based Revolving Financing

As of September 30, 2025 and December 31, 2024, a total of $41,287 and $63,699, respectively, was outstanding under the borrowing.

#### Debt Covenants
As of September 30, 2025, the Company was in compliance with the representations and covenants for its outstanding debt.

### (9) Fair Value of Financial Instruments
The Company maximizes the use of observable inputs and minimizes the use of unobservable inputs to the extent possible to measure a financial instrument’s fair value. Observable inputs reflect the assumptions market