Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 293

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 293
---
672 |

For the three and nine months ended September 30, 2025 and 2024, no impairments were recorded on the Company’s intangible assets. The following table presents the amortization expense on finite-lived intangible assets for the next five years and thereafter:

| Remainder of 2025   |     |         As of 
 September 30, 
          2025 
        $3,273 |
|:--------------------|:----|--------------:|
| 2026                |     |        10,894 |
| 2027                |     |         9,543 |
| 2028                |     |         8,341 |
| 2029                |     |         7,291 |
| 2030 and thereafter |     |        38,811 |
| Total(1)            |     |       $78,153 |

| (1) | Does not include foreign currency translation adjustment of $1,758 as of September 30, 2025. |

201

TABLE OF CONTENTS

THE FORTEGRA GROUP, INC. AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements (Unaudited) September 30, 2025 (in thousands, unless otherwise noted) (8) Debt, net The following table presents the balance of the Company’s debt obligations, net of discounts and deferred financing costs:

|                                                                 |     |         As of 
 September 30, 
          2025 |     | December 31, 
         2024 |
|:----------------------------------------------------------------|:----|--------------:|:----|-------------:|
| Corporate Debt                                                  |     |               |     |              |
| Secured revolving credit agreements(1)                          |     |       $55,000 |     |           $— |
| Preferred trust securities (SOFR + Spread Adjustment(2)+ 4.10%) |     |             — |     |       35,000 |
| 8.50% Junior subordinated notes                                 |     |       125,000 |     |      125,000 |
| 9.25% Junior Subordinated notes                                 |     |       150,000 |     |      150,000 |
| Total corporate debt                                            |     |       330,000 |     |      310,000 |
| Asset based debt(3)                                             |     |               |     |              |
| Asset based revolving financing (SOFR + 2.75