KEMPER Corp

3 Capital Total Kemper Corporation Shareholders Equity as of September 30, 2025 was $2,732.1 million, a decrease of $56.3 million, or 2 percent, since year-end 2024 primarily driven by common stock repurchases and dividend payments, partially offset by comprehensive income for the year.

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Kemper and its direct non-insurance subsidiaries ended the quarter with cash and investments of $156.8 million, and $600.0 million of available borrowing capacity under the revolving credit agreement.

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

On August 5, 2025, Kemper announced that its Board of Directors declared a quarterly dividend of $0.32 per share, or $19.7 million.

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

The dividend was paid on September 2, 2025, to its shareholders of record as of August 18th, 2025.

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Debt Extinguishment, Pension Settlement and Other Charges relate to (i) loss from early extinguishment of debt, which is driven by Kemper s financing and refinancing decisions and capital needs, as well as external economic developments such as debt market conditions, the timing of which is unrelated to the insurance underwriting process (ii) settlement of pension plan obligations which are business decisions made by Kemper, the timing of which is unrelated to the underwriting process and (iii) other charges that are non-standard, not part of the ordinary course of business, and unrelated 10 to the insurance underwriting process.

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Debt Extinguishment, Pension Settlement and Other Charges relate to (i) loss from early extinguishment of debt, which is driven by the Company s financing and refinancing decisions and capital needs, as well as external economic developments such as debt market conditions, the timing of which is unrelated to the insurance underwriting process; (ii) settlement of pension plan obligations which are business decisions made by the Company, the timing of which is unrelated to the underwriting process; and (iii) other charges that are non-standard, not part of the ordinary course of business, and unrelated to the insurance underwriting process.

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Despite the challenging quarter, we remain on solid financial footing, believe strongly in our strategy, and are confident that we can achieve our full potential.

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

*Unless otherwise specified, discussion of our third quarter 2025 results is focused on net income attributable to Kemper Corporation common shareholders, which does not include financial results from Kemper Reciprocal that are presented within the condensed consolidated financial results in this release.

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Such statements involve known and unknown risks, uncertainties, and other factors, including but not limited to changes in the frequency and severity of insurance claims claim development and the process of estimating claim reserves the impacts of inflation changes in the interest rate environment supply chain disruption product demand and pricing effects of governmental and regulatory actions heightened competition litigation outcomes and trends investment risks cybersecurity risks or incidents impact of catastrophes and other risks and uncertainties detailed in Kemper s Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission ( SEC ).

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Such statements involve known and unknown risks, uncertainties, and other factors, including but not limited to: changes in the frequency and severity of insurance claims; claim development and the process of estimating claim reserves; the impacts of inflation; changes in interest rate environment; supply chain disruption; product demand and pricing; effects of governmental and regulatory actions; heightened competition; litigation outcomes and trends; investment risks; cybersecurity risks or incidents; impact of catastrophes; and other risks and uncertainties detailed in Kemper s Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission ( SEC ).

SEC original ↗KEMPER Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025