Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 266

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 266
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 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, 2023 and 2022, 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:

|                                            |     |   |   2023 |     |     | Effective 
  Tax Rate |   |     |   |  2022 |   |     |     | Effective 
  Tax Rate |    |
|:-------------------------------------------|:----|:--|-------:|:----|:----|----------:|:--|:----|:--|------:|:--|:----|:----|----------:|:---|
| Provision computed at statutory rate       |     | $ | 24,705 |     |     |     21.00 | % |     | $ | 6,303 |   |     |     |     21.00 | %  |
| Increase (decrease) resulting from:        |     |   |        |     |     |           |   |     |   |       |   |     |     |           |    |
| State income taxes, net of federal benefit |     |   |  5,202 |     |     |      4.42 | % |     |   | 1,385 |   |     |     |      4.61 | %  |
| Permanent items                            |     |   |    345 |     |     |      0.29 | % |     |   |   116 |   |     |     |      0.39 | %  |
| Other                                      |     |   |     18 |     |     |      0.02 | % |     |   |   (89 | ) |     |     |     (0.29 | %) |
| Income tax expense                         |     | $ | 30,270 |     |     |     25.73 | % |     | $ | 7,715 |   |     |     |     25.71 | %  |

F-51

Slide Insurance Holdings