Mercury General Corp

The Board of Directors declared a quarterly dividend of $0.3175 per share.

SEC original ↗Mercury General Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2025

The dividend will be paid on September 25, 2025 to shareholders of record on September 11, 2025.

SEC original ↗Mercury General Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2025

(b) Debt to Debt plus Shareholders Equity (Debt at face value).

SEC original ↗Mercury General Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Dividends per Share The Company declared and paid a dividend per share of $ 0.3175 during each of the three-month periods ended June 30, 2026 and 2025, and dividends per share of $ 0.6350 during each of the six-month periods ended June 30, 2026 and 2025.

SEC original ↗Mercury General Corp — 10-Q Quarterly report10-QAug 4, 2026

Notes Payable At June 30, 2026, the Company had $ 900 million of unsecured notes and $ 50 million drawn under the unsecured credit facility.

SEC original ↗Mercury General Corp — 10-Q Quarterly report10-QAug 4, 2026

At December 31, 2025, the Company had $ 375 million of unsecured notes and $ 200 million drawn under the unsecured credit facility.

SEC original ↗Mercury General Corp — 10-Q Quarterly report10-QAug 4, 2026

The primary reasons for electing the fair value option were simplification and cost-benefit considerations as well as the expansion of the use of fair value measurement by the Company consistent with the long-term measurement objectives of the FASB for accounting for financial instruments.

SEC original ↗Mercury General Corp — 10-Q Quarterly report10-QAug 4, 2026

Fair Value Measurements The Company employs a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value.

SEC original ↗Mercury General Corp — 10-Q Quarterly report10-QAug 4, 2026

At June 30, 2026, the Company had capital invested in five such funds: the strategy of four such funds with a combined fair value of approximately $ 86.0 million at June 30, 2026 is to provide current income to investors by investing mainly in secured loans, CLOs or CLO issuers (including CLO equity and CLO mezzanine tranches), and equity interests in vehicles established to purchase and warehouse loans; the strategy of the other such fund with a fair value of approximately $ 8.2 million at June 30, 2026 is to achieve long-term capital appreciation through privately-negotiated venture capital investments in seed- and early-stage portfolio companies with technology-enabled business models.

SEC original ↗Mercury General Corp — 10-Q Quarterly report10-QAug 4, 2026

The Company writes covered calls on underlying equity positions held as an enhanced income strategy that is permitted for the Company s insurance subsidiaries under statutory regulations.

SEC original ↗Mercury General Corp — 10-Q Quarterly report10-QAug 4, 2026

For a more detailed discussion of some of the foregoing risks and uncertainties, see the Company s Annual Report on Form 10-K filed with the United States Securities and Exchange Commission on February 11, 2025.

SEC original ↗Mercury General Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2025