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Investor Presentaiton

Investment Income Expected to Remain Elevated $140 $160 Title Segment -Investment Income (1) Fed Funds Rate $120 $100 Each 25 basis point Fed move impacts investment income by ~$15 - $20 million/year(2) Title Segment Investment Income ($ in Millions) $80 $60 $40 $20 520 in Q1 '16 Q2 '16 Q3 '16 Q4 '16 Q1 '17 12 (1) Excludes affiliated investments (See reconciliation in Appendix). ลล (2) Company estimate. Q2 '17 Q3 '17 Q4 '17 Q1'18 Q2'18 Q3'18 Q4' 18 Q1'19 Q2'19 Q3' 19 Q4' 19 Q1' 20 Q2' 20 Q3' 20 Q4'20 Q1'21 Q2 '21 Q3 '21 Q4'21 Q1'22 Q2'22 Q3 '22 Q4'22 Q1'23 Q2 '23 Q3 '23 6.0% 5.5% 5.0% 4.5% 4.0% 3.5% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% Fed Funds Rate 22 SQUARE PEDESTAL 24% SQUARE PEDESTAL 35 SOLARE PEDESTAL AMERICA First American
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