Homeowners Insurance Market Opportunity

De-SPAC Structure Aligns Interests for the Long-Term Reinvent + One Board Seat Designated by Reinvent Lock-up Arrangements Up to two-years on founder shares Senior Hippo management and material existing investors subject to lock-up arrangements substantially similar to the founder shares Price-based Vesting Triggers of $12.50, $15, and $20 per share on founder shares $550M PIPE Investment Upsized from $500M with participation from Reinvent Capital Strong Alignment for Hippo & Reinvent to Drive Significant Long-Term Value for Shareholders Proprietary and Confidential | 7

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