Fidelity National Financial (FNF) Investor presentation summary

Strategic positioning and market leadership

• Holds #1 market share in the title insurance industry and #1 or #2 in 40 states, with a diversified presence in annuities and life insurance through its majority-owned subsidiary F&G.

• Maintains a strong track record of technology innovation, market share growth, and best-in-class margins.

• Employs a unique national and local, multi-brand strategy to drive market share and profitability.

• Leverages scale and deep real estate data networks for competitive advantage and efficiency.

Financial performance and growth

• Reported total revenue of $7.3B in 1H26, up from $6.4B in 1H25, driven by strong commercial, residential, and agency business performance.

• Achieved industry-leading adjusted pre-tax title margin of 15.7% in 1H26, up from 13.8% in 1H25.

• Consolidated adjusted net earnings of $370M in 2Q26, a 16% increase versus 2Q25.

• F&G segment contributed 23% of adjusted net earnings in 1H26, with AUM before reinsurance reaching $74.7B, up 8% year-over-year.

• Maintains a strong balance sheet with $457M in holding company cash and short-term investments as of June 30, 2026.

Technology and operational excellence

• Significant investments in automation, digital platforms, and real estate technology, including the inHere platform with nearly 2.8M unique users in 2025.

• Operating discipline reflected in margin management, rapid headcount adjustments, and strategic acquisitions.

• Pioneered instant decisioning and automated underwriting, enhancing customer experience and risk mitigation.

• Positioned to benefit from advances in AI due to scale, proprietary data, and embedded workflows.