Company: SLDE
Filing Date: 2025-04-25
Form Type: DRS/A
Source: 0000950123-25-003716
Chunk: 119

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-04-25
Form: DRS/A
Chunk 119
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 from equity issuances through December 31, 2024. See “ —Equity Issuances.” We use our cash to pay reinsurance premiums, losses and loss adjustment expenses incurred, net, policy acquisition and other underwriting expenses, salaries and employee benefits and other expenses, as well as to purchase investments. Although we can provide no assurances, we believe that the net proceeds from this offering, together with our available cash, cash equivalents, and restricted cash balance and cash generated from operations, should be sufficient to meet our working capital requirements and other capital expenditures for the next twelve months. Cash Flows Our most significant source of cash is from premiums received from insureds, net of the related commission amount for the policies. Our most significant cash outflows are for claims that arise when a policyholder incurs 82

an insured loss and for catastrophe excess of loss reinsurance. Because the payment of claims occurs after the receipt of the premium, often years later, we invest the cash in various investment securities that generally earn interest and dividends. The table below summarizes our net cash flow.

|                                   |     | Year Ended  
 December 31 |                             2024 |   |     |     |     2023 |   |     |     |  Change |   |     |     | Percent Change |    |
|:----------------------------------|:----|:------------|---------------------------------:|:--|:----|:----|---------:|:--|:----|:----|--------:|:--|:----|:----|---------------:|:---|
| Cash flows provided by (used in): |     |             | -in thousands except percentages |   |     |     |          |   |     |     |         |   |     |     |                |    |
| Operating activities              |     |             |                          553,886 |   |     |     |  442,999 |   |     |     | 110,887 |   |     |     |           25.0 | %  |
| Investing activities              |     |             |                         (203,995 | ) |     |     | (250,332 | ) |     |     |  46,337 |   |     |     |           18.5 | %  |
| Financing activities              |     |             |                           (2,411 | ) |     |     |   20,505 |   |     |     | (22,916 | )