Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 295

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 295
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371 |   |     | $    |  11,469 |   |

A valuation allowance must be established for deferred tax assets when it is more likely than not that the deferred tax assets will not be realized based on available evidence both positive and negative, including recent operating results, available tax planning strategies, and projected future taxable income. As of December 31, 2024 and F-56

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements For the years ended December 31, 2024 and 2023 (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) 2023, management concluded, based on the evaluation of the positive and negative evidence, that it is more likely than not that the deferred tax assets will be realized and therefore no valuation allowance on the Company’s deferred tax assets is required. A reconciliation of the income tax provision to that computed by applying the statutory federal income tax rate to income before provision for income taxes is as follows:

|                                            |     |   |   2024 |     |     | Effective 
  Tax Rate |   |     |   |   2023 |     |     | Effective 
  Tax Rate |   |
|:-------------------------------------------|:----|:--|-------:|:----|:----|----------:|:--|:----|:--|-------:|:----|:----|----------:|:--|
| Provision computed at statutory rate       |     | $ | 56,944 |     |     |     21.00 | % |     | $ | 24,705 |     |     |     21.00 | % |
| Increase (decrease) resulting from:        |     |   |        |     |     |           |   |     |   |        |     |     |           |   |
| State income taxes, net of federal benefit |     |   | 11,613 |     |     |      4.28 | % |     |   |  5,202 |     |     |      4.42 | % |
| Permanent items                            |     |   |    241 |     |     |      0.09 | % |     |   |    345 |     |     |      0.29 | % |
| Other                                      |     |   |     52 |     |     |      0.02 | % |     |   |