NMI Holdings appoints Renu Agrawal as independent director, board expands to 10

NMI Holdings, Inc.

Renu Agrawal appointed as independent director effective February 12, 2026; board expands from 9 to 10 members.
She will serve on Audit Committee and Risk Committee; receives annual cash retainer of $120,000 (prorated) and equity retainer of $170,000 in RSUs vesting 1 year.
Additional RSU grant of $170,000 vesting in equal installments over 2 years; subject to stock ownership guidelines.
Agrawal brings banking and insurance expertise; previously COO of Wells Fargo Financial Institutions Group and board member at First Interstate BancSystem.

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