Investor Presentaiton

12 $16 $56 Title Segment Investment Income ($ in Millions) Q1 '16 $26 Q2 '16 Q3 '16 $36 Q4 '16 (1) Excludes affiliated investments (See reconciliation in Appendix). 2 (2) Company estimate. $46 Q1 '17 Q2 '17 Q3'17 $66 Investment Income Now at Trough Levels $76 Title Segment -Investment Income (1) Fed Funds Rate Each 25 basis point Fed move impacts investment income by ~$12 $15 million/year(2) Q4 '17 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 20 Q2 '21 0.0% 0.5% 22 SQUARE PEDESTAL 24% SQUARE PEDESTAL 35 SOLARE PEDESTAL AMERICA First American 1.0% 1.5% 2.0% Fed Funds Rate 2.5%

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