Hippo Holdings enters $14.5M share repurchase agreement with Lennar affiliate at $28.17/share

Hippo Holdings Inc.

Repurchases 514,309 shares from Lennar affiliate at $28.17/share, a 3% discount to 3-day VWAP.
Aggregate purchase price of $14.5M; closing expected in Q3 2025, contingent on Baldwin asset sale.
After the repurchase, approximately $18.1M remains under existing share repurchase program.
Transaction approved by independent committee; shares repurchased in private transaction, not open market.

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