Q - Porch Group,

Results of Operations

Key Factors Affecting Operating Results

The following key factors affected our operating results in the three and six months ended June 30, 2025:

•On January 1, 2025, we completed the formation of the Reciprocal and sold HOA into the Reciprocal; Porch Group now holds $106 million of surplus notes due from the Reciprocal which pay interest of 9.75% plus SOFR. These surplus notes are included in the Reciprocal’s statutory surplus and are eliminated in consolidation for U.S. generally accepted accounting principles (“GAAP”). Porch earns management fees, policy fees, and non-catastrophic weather quota share reinsurance premiums from the Reciprocal.

• In Software and Data, Rynoh implemented a 20% price increase, in line with strategic pricing goals. We are also making progress with Home Factors.

•In Consumer Services, new services were launched including packing services online for movers.

•New insurance agency partnerships for the Reciprocal were announced in June, and additional agencies were added as distribution partners during the second quarter.

•The Reciprocal is healthy with $299.2 million of surplus combined with non-admitted assets as of June 30, 2025.

•Exchanged $96.8 million of our 2026 Notes for $83.0 million of newly issued 2030 Notes.

•Issued an additional $51.0 million aggregate principal amount of 2030 Notes for cash and utilized the proceeds to repurchase $56.4 million aggregate principal amount of our 2026 Notes for total cash consideration of $55.7 million.

Three Months Ended June 30, 2025, compared to the Three Months Ended June 30, 2024