Essent Group (ESNT) investor relations material

Executive summary

• The annual meeting will be held virtually on May 6, 2026, with shareholders voting on director elections, auditor re-appointment, and executive compensation.

• 2025 financial results showed $690 million net income, 12.1% ROAE, and $5.8 billion GAAP equity.

• The company returned $700 million to shareholders in 2025, including a 13% dividend increase announced for 2026.

• The mortgage insurance segment remains the primary earnings driver, with disciplined underwriting and strong credit quality.

• Strategic expansion into reinsurance and title insurance continues, with investments in technology and operational modernization.

Voting matters and shareholder proposals

• Shareholders will vote on electing three Class III directors, ratifying PricewaterhouseCoopers LLP as auditor, and a non-binding advisory vote on executive compensation.

• The board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be submitted by November 20, 2026.

Board of directors and corporate governance

• The board consists of 10 directors, with a mix of long-tenured and newer members, and strong diversity in skills and backgrounds.

• Board leadership combines CEO/Chairman roles with a lead independent director.

• All directors except the CEO are independent per NYSE standards.

• Committees include Audit, Compensation, Nominating/Governance, Risk, and Technology, all chaired by independent directors.

• Annual board and committee evaluations are conducted, and directors are subject to robust attendance and participation standards.

• Share ownership guidelines require significant equity holdings by directors and executives.