Enact (ACT) investor relations material

Opening remarks and agenda

• Meeting called to order with introductions of board members and executive officers present virtually.

• Representatives from KPMG LLP and Broadridge Financial attended to support the meeting and voting process.

• Rules of conduct and procedures for Q&A were outlined for participants.

Financial performance review

• Net income for 2025 reached $674 million, with $52 billion in new insurance written and $273 billion in insurance in force.

• Maintained strong capital and liquidity, with PMIER sufficiency at $1.9 billion or 162% of requirements.

• Returned over $500 million to shareholders in 2025 through dividends and share repurchases.

• Achieved a total shareholder return exceeding 25% in 2025, including dividends and stock price gains.

• Operating expenses for 2025 were $217 million, down 2% from 2024 and below expectations.

Strategic initiatives and plans

• Deployed the latest version of the Rate360 pricing engine, enhancing risk selection and pricing.

• Expanded into adjacencies with Enact Re, generating attractive risk-adjusted returns.

• Entered a new $435 million revolving credit facility to increase financial flexibility.

• Continued execution of credit risk transfer strategy to protect forward books at attractive cost of capital.

• Helped over 134,000 borrowers buy a home and over 16,000 keep their home in 2025.