Donegal Group (DGICA) Registration Filing summary

Company overview and business model

• Operates as an insurance holding company with subsidiaries and affiliates offering property and casualty insurance in 23 states, focusing on competitive rates and strict underwriting discipline.

• Maintains interrelated operations with Donegal Mutual, sharing management, employees, and facilities, and collectively known as the Donegal Insurance Group.

• The 2024 Agency Stock Purchase Plan aims to foster long-term relationships with independent insurance agencies by offering them discounted stock ownership.

Use of proceeds and capital allocation

• All net proceeds from the sale of Class A common stock will be retained and used for general corporate purposes, including investments in and advances to subsidiaries.

Risk factors and disclosures

• Participation in the plan involves investment risks, with specific risk factors detailed in incorporated periodic reports.

• Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially.