Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 121

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 121
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 in the past two years, Barclays has not received fees from Fortegra, Tiptree or Purchaser for any investment banking services. As of the market close on September 19, 2025, Barclays held a net long position of less than 1.0% of the outstanding stock of Tiptree and a net long position of less than 1.0% of the outstanding stock of Purchaser.

In addition, Barclays and its affiliates in the past have provided, currently are providing, or in the future may provide, investment banking services to Warburg Pincus, an affiliate of Fortegra, and certain of its affiliates and portfolio companies and have received or in the future may receive customary fees for rendering such services, including (i) having acted or acting as financial advisor to Warburg Pincus and certain of its portfolio companies and affiliates in connection with certain mergers and acquisition transactions; (ii) having acted or acting as arranger, bookrunner and/or lender for Warburg Pincus and certain of its portfolio companies and affiliates in connection with the financing for various acquisition transactions; and (iii) having acted or acting as underwriter, initial purchaser and placement agent for various equity and debt offerings undertaking by Warburg Pincus and certain of its portfolio companies and affiliates. Between January 1, 2023 and the date of Barclays’ opinion, Barclays has received approximately $59.4 million in fees for such services.

Barclays, its subsidiaries and its affiliates engage in a wide range of businesses from investment and commercial banking, lending, asset management and other financial and non-financial services. In the ordinary course of its business, Barclays and its affiliates may actively trade and effect transactions in the equity, debt and/or other securities (and any derivatives thereof) and financial instruments (including loans and other obligations) of Fortegra, Tiptree and Purchaser for its own account and for the accounts of its customers and, accordingly, may at any time hold long or short positions and investments in such securities and financial instruments.

#### Engagement of BofA Securities
Fortegra has retained BofA Securities to act as Fortegra’s financial advisor in connection with the Merger. BofA Securities is an internationally recognized investment banking firm which is regularly engaged in the valuation of businesses and securities in connection with mergers and acquisitions, negotiated underwritings, secondary distributions of listed and unlisted securities, private placements and valuations for corporate and other purposes. Fortegra selected BofA Securities to act as Fort