Run-Off Overview and Dividend Record

OLD REPUBLIC INTERNATIONAL CORPORATION Investment Portfolio The investment portfolio is high-grade, transparent and liquid Bonds & Cash 98% Investment grade A+ average quality 3.8 duration 2.3% market yield (2.3% book) 99% marketable securities Investment Mix at 4Q21 Equities Blue Chip, Value & Utilities 68% $16.7 32% 3.1% dividend yield billion Approximately 100 issuers No exposure to real estate, CDOs, derivatives, hybrids or illiquid private equity and hedge fund investments Investment Income Millions $500 $400 $300 $434 $200 2014 2015 2016 2017 2018 2019 2020 2021 19

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