4th Quarter 2023 Highlights

OLD REPUBLIC Title Insurance - Profit Consistently low single-digit loss ratios and a variable cost structure have enabled consistent profitability Combined Ratio Low and consistent loss ratios ■ 94.9% average last 15 years Pretax Operating Income ☐ Overweight in agency distribution ■ Variable acquisition cost mitigates impact of a real estate market decline 105.0 $600 100.0 $500 97.1 95.0 $400 90.0 85.0 Millions $300 $200 $134 80.0 $100 75.0 $- 70.0 $(100) 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Expense Ratio Loss Ratio 16

View entire presentation