Old Republic International Corporation Business Overview

OLD REPUBLIC INTERNATIONAL CORPORATION Investment Portfolio The investment portfolio is high-grade, transparent and liquid Investment Mix at 2Q22 Fixed Income 98% Investment grade A+ average quality 3.8 duration 2.7% market yield (2.6% book yield) 99% marketable securities Equities Blue Chip, Value & Utilities 74% $15.9 26% 3.3% dividend yield billion Less than 100 issuers No exposure to real estate, CDOs, derivatives, hybrids or illiquid private equity and hedge fund investments Investment Income Millions $500 $400 $300 $436 $200 2014 2015 2016 2017 2018 2019 2020 2021 LTM 19

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