Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 131

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 131
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 additional information, see the section of this proxy statement entitled “Preliminary Unaudited Pro Forma Condensed Consolidated Financial Statements” beginning on page 118 , which assumes completion of the Merger.

**Interests of Tiptree’s Directors and Executive Officers in the Merger**

Tiptree does not believe that any director, director nominee or executive officer of Tiptree since January 1, 2024, has any direct or indirect substantial interest in the Merger that is different from or in addition to the interests of our stockholders generally.

No payments or benefits that would be considered “golden parachute compensation” under Item 402(t) of Regulation S-K will be made to any of Tiptree’s named executive officers (Michael G. Barnes, Jonathan Ilany, Randy Maultsby, Scott McKinney, and Neil Rifkind, the “NEOs”) in connection with the Merger. None of the NEOs has any compensation that is based on or otherwise relates to the Merger, other than any indirect benefits such NEOs may receive in their capacity as equityholders of Tiptree, which do not differ from and are not in addition to the indirect benefits that may be received by our equityholders generally.

On February 15, 2019, Tiptree and Tiptree Advisors Holdings, L.P. (f/k/a Corvid Peak Holdings, L.P.), Tiptree Advisors, LLC, Tiptree Advisors Holdings GP, LLC, Tiptree Advisors Holdings and Tiptree Advisors GP Holdings LLC (collectively, “Tiptree Advisors”) entered into a Strategic Combination Agreement and Amended and Restated Transition Services Agreement (“Transition Services Agreement”). Tiptree Advisors is a related party of Tiptree because Tiptree Advisors is deemed to be controlled by Michael G. Barnes, Tiptree Executive Chairman.

Tiptree agreed to invest $75 million to seed new investment funds to be managed by Tiptree Advisors, which amount was invested as of February 2020 in exchange for management control of and a profit participation in Tiptree Advisors. Beginning in May 2021, Tiptree Advisors began managing certain investment portfolio accounts of Fortegra under an investment advisory agreement. Tiptree made payments of approximately $6.7 million in management fees and incentive fees to Tiptree Advisors for the year ended December 31, 2024 pursuant to these arrangements.

No consideration was paid for the acquisition of control by Tiptree of Tiptree Advisors.