Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 130

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 130
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 specific period of time without reduction for policy acquisition costs, reinsurance costs or other deductions. Gross written premiums is a volume measure commonly used in the insurance industry to compare sales performance by period. Premium equivalents are used to compare sales performance of warranty service and administrative contract volumes to gross written premiums. |

| (2) | Return on average equity (“ROAE”) represents net income expressed on an annualized basis as a percentage of average beginning and ending Total Stockholders’ Equity during the period. |

| (3) | Includes non-controlling interests, net realized and unrealized (gains) losses, non-cash fair value adjustments and non-recurring expenses. |

| (4) | “Adjusted Net Income” represents income before taxes, less provision (benefit) for income taxes, and excluding the after-tax impact of various expenses that Fortegra considers to be unique and non-recurring in nature, including merger and acquisition related expenses, stock-based compensation, net realized gains (losses), net unrealized gains (losses) and intangibles amortization associated with purchase accounting. |

| (5) | Adjusted ROAE represents Adjusted Net Income expressed on an annualized basis as a percentage of average beginning and ending Total Stockholders’ Equity during the period. |

| (6) | Total Stockholders’ Equity includes Fortegra preferred stock. |

Activities of Tiptree Following the Merger Following the completion of the Merger, Tiptree will continue to be a public company operating under the name Tiptree Inc. listed on Nasdaq under the symbol “TIPT” and will continue to file periodic reports with the SEC. Tiptree expects to continue to own the Retained Business. Tiptree expects to maintain the same corporate functions and the same senior executives as Tiptree had prior to the completion of the Merger and the same board of directors that is in place as of the date of this proxy statement. As of immediately following the closing of the Merger, all of Tiptree’s revenues will be generated by the Retained Business. Tiptree intends to use proceeds from the Merger for working capital and general corporate purposes, including to pay transaction expenses, to pay taxes on the transactions contemplated by the Merger Agreement, to repay existing debt of Tiptree, to engage in opportunistic

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stock repurchases and/or pay dividends, to purchase additional assets or businesses and/or for any other purpose that the Tiptree Board deems appropriate. For