Enact IPO Presentation Deck

Enact | Investor Presentation Our Core Financial Objectives 23 Growth Profitability Capitalization Target growth where our returns exceed our cost of capital Take advantage of favorable housing market conditions and strong origination volumes Capitalize on continued tailwinds following the IPO Maintain strong underwriting quality Continue to enhance operational efficiencies by continuing to invest in selected technologies Protect against outsized losses during periods of economic stress Continue to remain well-capitalized; maintain a strong buffer to PMIERs requirements while supporting future NIW growth Grow CRT utilization and operating leverage / optimize our cost of capital and risk profile Retain a conservatively leveraged balance sheet aligned with investment grade ratings - maintain capacity for future financial leverage, if needed Maximize shareholder value; prioritize use of capital to pursue growth opportunities that achieve our target return thresholds; and return excess capital to our shareholders when such growth opportunities are not available Subject to market conditions, we intend to issue a $200mm dividend in 4Q'21, and anticipate seeking regulatory and board approval for the initiation of a common dividend in 2022 Enact

View entire presentation