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Investor Presentaiton

* Conservative Investment Portfolio Investment Portfolio at 3/31/23 Fixed Income 88% Short-Term 4% Equities* 2% | Alternatives & Other 6% $ $8.0B of Investments SELECTIVE INSURANCE® Core fixed income and short-term investments comprised 93% of investment portfolio at 3/31/23 - "AA-" average credit quality - Effective duration of 4.1 years • Risk asset allocation (high yield, public equity, and alternatives) at 9.9% of invested assets Ongoing diversification of our alternative. investments portfolio by strategy and vintage Equities consist of publicly traded fixed income, exchange-traded funds, business development companies (BDCs), and interval funds Conservative investment management philosophy, with a focus on highly rated fixed income securities 22 22
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