Kin SPAC Presentation Deck

We are following an expansion plan similar to that followed by the last two big homeowners insurance exits 2007 kin.com | 67 2008 PURE sold for $3.1B in 2019 to Tokio Marine (24x EBITDA), started in Florida PURE's state expansion over time 2009 2010 ASI purchased by Progressive for ~$1.5B in 2015 1998 Launched in Florida 2001 Expanded to Texas 2008 5 states 2010 10 states 2012 20 states 2015 30 states Purchased by Progressive kin. For Every New Normal

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