Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 238

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 238
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 December 31, 2024 |     |         |     | December 31, 2023 |     |         |
|:--------------------------------|:----|------------------:|:----|:--------|:----|------------------:|:----|:--------|
|                                 |     |            Amount |     | Percent |     |            Amount |     | Percent |
| SFLIC                           |     |            $1,488 |     | 15%     |     |            $1,304 |     | 15%     |
| Tiptree Advisors Funds          |     |                96 |     | —%      |     |               142 |     | —%      |
| Premia                          |     |             2,959 |     | 11%     |     |             3,618 |     | 11%     |
| Total non-controlling interests |     |            $4,543 |     |         |     |            $5,064 |     |         |

Income attributable to non-controlling interests is presented in the consolidated statements of operations as net income attributable to non-controlling interests and on the consolidated statements of comprehensive income (loss) as comprehensive income (loss) attributable to non-controlling interests.

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TABLE OF CONTENTS

THE FORTEGRA GROUP, INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2024 & 2023 (in thousands, unless otherwise noted) Business Combination Accounting The Company accounts for business combinations by applying the acquisition method of accounting. The acquisition method requires, among other things, that the assets acquired and liabilities assumed in a business combination be measured at fair value as of the closing date of the acquisition. The net assets acquired may consist of tangible and intangible assets and the excess of purchase price over the fair value of identifiable net assets acquired, or goodwill. The determination of estimated useful lives and the allocation of the purchase price to the intangible assets requires significant judgment and affects the amount of future amortization and possible impairment charges. Contingent consideration, if any, is measured at fair value on the date of acquisition. The fair value of any contingent consideration liability is remeasured at each reporting date with any change recorded in other expense in the consolidated statements of operations. Acquisition and transaction costs are expensed as incurred. In certain instances, the Company may acquire less than 100% ownership of an entity, resulting in the recording of a non-controlling interest. The