Enact IPO Presentation Deck

Enact | Investor Presentation Perspectives on Historical Financial Performance Growth has primarily come from favorable housing market conditions and recent increase in market share • 13.7mm first time homebuyers from 2014 to 2020 accounted for most of the growth in home sales Low interest rate environment offset rising home prices helped the overall mortgage market Market share has grown from 12% in 2012 to 17% in 2Q'21 21 Market Share / Growth Profitability Capitalization Adjusted operating income showed rapid growth in previous years due to: Premium growth driven by strong market conditions Favorable loss trends driven by prudent underwriting and improved overall credit quality Expense efficiencies as the company benefited from economies of scale COVID caused a drop in adjusted operating income and ROE in 2020 due to increased losses during the period Capital position displayed continued strength from strong earnings growth while being able to distribute capital to Genworth Financial CRT utilization helped optimize cost of capital, providing additional PMIERS capital benefit MILN issuances each year since 2019 provide alternative CRT execution Inaugural Senior Debt offering in 2020 enhances capital efficiency Enact

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