Investor Presentaiton

Change (%) 15 10 5 -5 Minnesota and Countrywide Premium Changes 10.2 10.6 10.9 9.6 8.2 8.0 5.3 5.1 5.7 4.0 3.7 1.4 -6.4 ■Minnesota Countrywide .8 -.5 -.5 -1.6 -3.1-3.0 Comments ■ Unlike last year, Minnesota saw a decrease in direct written premium in 2020. The change was mild compared to the decline seen in the industry countrywide. Minnesota The average insurer rates decreased in 2020. ■ There was a modest increase in payroll, but was substantially less than the payroll growth seen in recent years. -10 2011 2012 2013 2014 2015 2016 2017 Calendar Year 2018 2019 -8.9 2020 A.M. Best's Market Share Reports/One Year Premiums and Loss Study, based on DWP MWCIA years 3

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