Kin SPAC Presentation Deck

Kin addressable market kin.com | 63 Current States Targeted States Other States Kin's TAM as % of Homeowners Insurance Market Year 2021 2022 2023 TAM $20B Premium $90B $98M $50B $234M $431M Market share 0.49% 0.47% 0.47% 1. Expansion may occur through the acquisition of insurers licensed in targeted states, among other means. The Company has entered into a Stock Purchase Agreement to acquire the stock of an inactive insurance company holding insurance licenses in more than 40 states, which will accelerate the Company's expansion into additional states. The Company expects the transaction will be closed upon regulatory approval. Note: Kin has a book of business in CA and holds exclusive ownership. That business was generated through the use of a fronting program. Because Kin plans to become a direct CA writer, Kin recently ceased writing new business on that program. Kin launched in Louisiana in March and has generated more than $600K of gross written premium in the state to date, including over $300K in June. Kin is actively pursuing strategic opportunities with existing investors including potential opportunities with The Related Companies. kin. For Every New Normal

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