Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 311

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 311
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 June 30, |     |          |
|                                    |     |               2025 |     |     2024 |     |             2025 |     |     2024 |
| Total income tax expense (benefit) |     |            $15,980 |     |  $13,568 |     |          $25,484 |     |  $23,490 |
| Effective tax rate (ETR)           |     |           23.8%(1) |     | 26.5%(1) |     |         24.2%(1) |     | 26.7%(1) |

| (1) | Higher than the U.S. federal statutory income tax rate of 21% due to the effects of state taxes, offset by discrete items. |

An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14” commonly referred to as the One Big Beautiful Bill Act (“OBBBA”) was enacted into law in the U.S on July 4, 2025. The OBBBA permanently extended parts of the Tax Cuts and Jobs Act, updated international tax rules, and restored certain business tax benefits. Its provisions take effect between 2025 and 2027. We are evaluating any potential impacts to our financial statements. (19) Commitments and Contingencies The following table presents rent expense for the Company’s office leases recorded on the condensed consolidated statements of operations for the following periods:

|                                |     | Three Months Ended 
           June 30, |     |      |     | Six Months Ended 
         June 30, |     |        |
|                                |     |               2025 |     | 2024 |     |             2025 |     |   2024 |
| Rent expense for office leases |     |               $785 |     | $859 |     |           $1,565 |     | $1,718 |

Litigation The Company is a defendant in Mullins v. Southern Financial Life Insurance Co., a class action filed in February 2006, in Pike County Circuit Court in the Commonwealth of Kentucky on behalf of Kentucky consumers that purchased certain credit life and disability insurance coverage between 1997-2007. The action alleges violations of the Kentucky Consumer Protection Act (“KCPA”) and certain insurance statutes, common law fraud and breach of contract and the covenant of good faith and fair dealing. The plaintiffs seek compensatory and punitive damages, attorneys’