Hagerty Investor Presentation Deck

HAGERTY + STATE FARM PARTNERSHIP >> Began activating State Farm agents to offer State Farm Classic+ policies and Hagerty Drivers Club in four initial states in September of 2023 >> 480,000+ existing collector car policies plus up to 75% HDC enrollment possible on new insurance policies sold by State Farm's ~19,500 agents >> Anticipated average annual revenue per customer: $85-$110 >> State Farm aligned in the success of the 10-year commercial partnership with an initial $500 million investment in Hagerty in 2021 as well as an additional $50 million investment in June of 2023 and $25 million long-term financing for Hagerty Re State Farm HAGERTY. HAGERTY Q3 2023 | 5

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