Enact IPO Presentation Deck

Enact | Investor Presentation Demographics Expected to Remain Favorable for FTHBs Homebuyers (M) . FTHB Market¹ Stronger than Historical Average Seasonally Adjusted Annual Rate 3.0 **Hatorical Average (1994-2000) 422W 95959 2.5 2.0 1.8M 1.5 1.0 0.5 0.0 35% 2016 2017 2018 FTHB 2019 Porcent of Home Sales 2020 1H 2021" FTHB market has out-performed during the 2016-2020 period. Despite a tight housing market, FTHB market remained robust during 1H 2021 42% 40% 38% 36% 34% 32% FTHBS use high LTV products to purchase homes more than 80% of the time Population (M) More Favorable Demographics over the Next 5 Years 5.0 4.8 4.6 4.4 4.2 People at 33 Years of Age 2016-2020 2021 2022 2023 2024 2025 Strong demographics have supported the FTHB market in the past 5 years as Millennials aged into the peak homebuying age On average, 4.4 million people reached the median FTHB age of 33 each year between 2016 and 2020 18 'Enact estimate: Population estimate for people aged 33 years: Census Bureau (2021): Median age for FTHBS was 33 years of age in 2020: National Association of Realtors (November 2020) An extra 1.5M people are expected to reach the peak homebuying age over the next 5 years, which will grow the FTHB market Enact

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