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Investor Presentaiton

10 2,700 2,200 1,700 Purchase Market Appears to Have Stabilized GROWTH RATE vs. PRIOR YEAR 50% 40% 30% 20% 10% 0% -10% -20% -30% -40% 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 Title Order Closed Average Revenue per Order PURCHASE OPEN ORDERS/DAY 1,200 Jan Feb 2020 2021 Mar Apr May Jun Jul Aug Sep Oct 2019 -2022 2023 Nov Dec Q3'23 Purchase Market Market demand has declined, as high mortgage rates and home prices continue to significantly stress affordability Inventory remains low as homeowners remain in place Limited inventory/supply keeping home prices firm Longer term, demographics and other market demand factors remain favorable First American Operations ◉ ◉ ~550 local offices focused on purchase Leading homebuilder business Fee per file 2.5x refinance 22 SQUARE PEDESTAL 24% SQUARE PEDESTAL 35 SOLARE PEDESTAL AMERICA First American
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