The RLI Story

6 THE RLI STORY RLI is a specialty insurance company with more than 50 years of experience serving diverse niche, property, casualty and surety markets. 1961 Founded contact lens insurance agency, Replacement Lens Inc. R 1961 1971 RLI common stock first traded on NASDAQ 1977 Began underwriting specialty P&C coverages in all 50 states 1996 Merged contact lens division with Hester Enterprises, maker of Maui Jim Sunglasses 2015 RLI Corp. 50th Anniversary 2020 25th consecutive year under 100 combined ratio RLI 50 YEARS E 1965 1965 RLI Corp. holding company formed 1970 | 1975 RLI becomes an Employee Stock Ownership Company 1975 1980 | 1976 First dividend paid to shareholders 1985 1990 Maxi gim 1995 | DOD 品中 1987 RLI common stock moved to NYSE 2000 2005 2004 Received upgraded AM Best rating to A+ (Superior) Financial Strength BEST A-Excellen | 2010 2011 Acquired Contractors Bonding and Insurance Co. | 2015 25 6= 2020 DIFFERENT WORKS 2023 2022 Sold minority ownership interest in Maui Jim, Inc. 2023 Increased regular dividend for 48 consecutive years

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