Kin SPAC Presentation Deck

U.S. Homeowners' Insurance Premiums ($ in Billions) 140 120 100 80 60 40 20 0 $36 kin.com | 9 2000A 11% 2000A-2025E CAGR: 6% $62 (4% 2005A $75 (5%) Source: S&P Global Market Intelligence, William Blair research. 2010A $94 2015A 5-year CAGR 4% $115 2020A 4% $14 0 2025E Homeowners insurance is big and growing, driven by climate change Recent weather activity in North America has led to rate increases in several key states Rising proportion of millennials as first-time home buyers Low interest rate environment has fueled home price appreciation and underlying insured values Non-discretionary nature of product lends itself as a "recession proof" revenue model kin. For Every New Normal

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