Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 242

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 242
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 Clegg Insurance Advisors, LLC (“Homefront”) – a wholly-owned insurance agency acquired by the Company during 2022. SIH Technologies, LLP (“Slide India”) – a wholly-owned non-operatingentity that is in process of being dissolved. SIH filed its original certificate of incorporation with the Secretary of State of the State of Delaware on March 2, 2021, and is authorized to issue 40,000,000 shares of common stock at par value of $0.01 per share and 20,000,000 shares of the preferred stock at par value of $0.01 per share. The Company issued and had outstanding 10,222,576 and 11,220,076 shares of common stock as of December 31, 2023, and 2022, respectively. The Company issued and had outstanding 9,242,416 and 8,213,670 shares of preferred stock as of December 31, 2023, and 2022, respectively. SIC is domiciled in the state of Florida and is a wholly-owned subsidiary of SIH. The insurance subsidiary was incorporated on February 17, 2022, and commenced operations on March 1, 2022, after receiving its Certificate of Authority from the Florida Department of Financial Services, Office of Insurance Regulation (the “FLOIR”). SIC provides homeowners insurance coverage to policyholders in Florida and South Carolina, with Florida policyholders representing 98% of direct premiums written for the year ended December 31, 2023. SIC is subject to the broad administrative powers of the FLOIR, which include, but are not limited to, limitation of dividends distributable, modification of management services and tax-sharingagreements, limitations on new and renewal business, and requirements for capital and surplus. F-28

Slide Insurance Holdings, Inc.

Notes to Consolidated Financial Statements

For the years ended December 31, 2023 and 2022

(Dollar amounts in thousands, except share and per share amounts, unless otherwise stated)

Assumed Business

From time to time, the Company may participate in a “take-out program” through which the Company assumes
insurance policies held by Citizens Property Insurance Corporation (“Citizens”), a Florida state-supported insurer. The take-out program is a legislatively mandated program designed to reduce the
state’s risk exposure by encouraging private companies to assume policies from Citizens. During 2023, the Company was approved by the FLOIR to assume a total of