Lemonade Investor Day Presentation Deck

81.73% 77.76% May 16 79.07% 79.20% 79.77% May 30 ML Model for Pricing in TX Predicted loss ratios for new customer cohorts 82.04% Jun 13 75.89% 80.93% Jun 27 84.25% 76.54% Jul 11 81.89% 79.41% Jul 25 81.16% 76.66% Aug 8 79.32% 73.96% Aug 22 Conversion Rates Slightly Increased 77.37% 74.20% Sep 5 80.89% 63.68% Sep 19

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