Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 259

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 259
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 only to specific assets and related cash flows and is not recourse to Fortegra. |

The following table presents the amount of interest expense the Company incurred on its debt for the following periods:

|                                     |     | For the Year Ended 
       December 31, 
               2024 |     |    2023 |
|:------------------------------------|:----|-------------------:|:----|--------:|
| Interest expense - corporate debt   |     |            $24,145 |     | $19,531 |
| Interest expense - asset based debt |     |              6,102 |     |   6,305 |
| Interest expense on debt            |     |            $30,247 |     | $25,836 |

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THE FORTEGRA GROUP, INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2024 & 2023 (in thousands, unless otherwise noted) The following table presents the future maturities of the unpaid principal balance on the Company’s debt for the following periods:

| 2025                |     |        As of 
 December 31, 
         2024 
           $— |
|:--------------------|:----|-------------:|
| 2026(1)             |     |       63,699 |
| 2027                |     |            — |
| 2028                |     |            — |
| 2029                |     |            — |
| 2030 and thereafter |     |      310,000 |
| Total               |     |     $373,699 |

| (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. |

The following narrative is a summary of certain terms of our debt agreements for the year ended December 31, 2024: Corporate Debt Secured Revolving Credit Agreements As of December 31, 2024 and 2023, a total of $0 and $130,000, respectively, was outstanding under the Company’s revolving line of credit. The maximum borrowing capacity under the agreements as of December 31, 2024 was $200,000. On October 21, 2022, the Company and Fortegra Financial (“FFC”), a subsidiary of the Company, entered into a Second Amended and Restated Credit Agreement by and among the Company, FFC and its subsidiary,