HCI Group, Inc.

The increase was primarily attributable to a $1.1 million debt conversion charge in connection with the conversion of our 4.75% Convertible Senior Notes during the second quarter of 2025.

SEC original ↗HCI Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The decrease was partially offset by a $1.1 million debt conversion charge in connection with the conversion of our 4.75% Convertible Senior Notes during the six months of 2025.

SEC original ↗HCI Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The following table summarizes limited partnership investments: June 30, 2026 December 31, 2025 Carrying Unfunded Carrying Unfunded Investment Strategy Value Balance (%) (a) Value Balance (%) (a) Primarily in senior secured loans and, to a limited extent, in other debt and equity securities of private U.

SEC original ↗HCI Group, Inc. — 10-Q Quarterly report10-QAug 7, 2026

(b)(c)(e) $ 1,668 $ 12.22 $ 1,877 $ 12.31 Value creation through active distressed debt investing primarily in bank loans, public and private corporate bonds, asset-backed securities, and equity securities received in connection with debt restructuring.

SEC original ↗HCI Group, Inc. — 10-Q Quarterly report10-QAug 7, 2026

Other Investments The following table summarizes other investments held by the Company and the method used in estimating the fair value: Maturity Date Valuation Methodology 10.50 % Surplus Note 2030 Discounted cash flow method/Level 3 inputs Revolving Credit Facility The Company has an amount outstanding under a revolving credit facility.

SEC original ↗HCI Group, Inc. — 10-Q Quarterly report10-QAug 7, 2026

The interest rate is variable and is periodically adjusted based on the Secured Overnight Financing Rate ( SOFR ) plus a ten basis points adjustment plus a margin based on the debt-to-capital ratio.

SEC original ↗HCI Group, Inc. — 10-Q Quarterly report10-QAug 7, 2026

“We continue to make progress on initiatives to unlock shareholder value and establish Exzeo as an independent, publicly traded entity.

SEC original ↗HCI Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The following table summarizes limited partnership investments: June 30, 2026 December 31, 2025 Carrying Unfunded Carrying Unfunded Investment Strategy Value Balance (%) (a) Value Balance (%) (a) Primarily in senior secured loans and, to a limited extent, in other debt and equity securities of private U.

SEC original ↗HCI Group, Inc. — 10-Q Quarterly report10-QAug 7, 2026

The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels as follows: Level 1 Unadjusted quoted prices in active markets for identical assets.

SEC original ↗HCI Group, Inc. — 10-Q Quarterly report10-QAug 7, 2026

The decrease was primarily driven by a decline in claims and litigation frequency.

SEC original ↗HCI Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Forward-looking statements are not guarantees of future results and conditions, but rather are subject to various risks and uncertainties.

SEC original ↗HCI Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Some of these risks and uncertainties are identified in the company's filings with the Securities and Exchange Commission.

SEC original ↗HCI Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on the company's business, financial condition and results of operations.

SEC original ↗HCI Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

This update enhances guidance on the capitalization of software development costs by eliminating project phase based criteria and clarifying the conditions signifying significant development uncertainty used by entities to evaluate when the probable-to-complete recognition threshold is met.

SEC original ↗HCI Group, Inc. — 10-Q Quarterly report10-QAug 7, 2026