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Hippo Holdings Inc

For the period ended Dec 31, 2024. Filed Mar 6, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 6, 2025

HIPO$36.29+0.6%Stored close · as of Nov 10, 2026

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Item 9B. Other information

Chief Financial Officer Appointment

On March 5, 2025, the board of directors (the “Board”) of the Company appointed Stewart Ellis as its Executive Vice President (“EVP”) and Guy Zeltser as its Chief Financial Officer (“CFO”), to succeed Mr. Ellis upon Mr. Ellis’ resignation as CFO, effective as of March 10, 2025 (the “Effective Date”). Mr. Ellis will continue to serve as the Company’s Chief Strategy Officer (“CSO”). Mr. Zeltser has been designated by the Board as the Company’s principal financial officer and principal accounting officer, effective as of the Effective Date.

Mr. Zeltser, age 37, has served as the Company’s Vice President of Finance since June 2022. Previously, from August 2020 to June 2022, he served as the Company’s Director of Strategic Finance. Prior to joining our Company, Mr. Zeltser was an engagement manager at McKinsey & Company, a management consulting firm, where he was employed from September 2017 to August 2020. Mr. Zeltser holds a Bachelor of Arts in Economics and Accounting from Tel Aviv University and a Master of Business Administration from Northwestern University – Kellogg School of Management.

In connection with Mr. Zeltser’s appointment as CFO, as of the Effective Date, his annual base salary was adjusted to be $450,000 and his annual target bonus for 2025 was adjusted to be 35% of his base salary.

The Company and Mr. Zeltser will enter into the Company’s standard indemnification agreement for executive officers, the form of which was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No. 001-39711), filed with the U.S. Securities and Exchange Commission on August 5, 2021.

There is no arrangement or understanding between Mr. Zeltser and any other person, pursuant to which he was selected as the CFO. There are no family relationships between Mr. Zeltser and any director, director nominee or executive officer of the Company that would be required to be disclosed pursuant to Item 401(d) of Regulation S-K, and there are no current or proposed transactions between Mr. Zeltser and the Company that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K.

There are currently no new compensation arrangements in place in connection with Mr. Ellis’ service as EVP and CSO.

Rule 10b5-1 Trading Arrangements

From time to time, our officers (as defined in Rule 16a-1(f) of the Exchange Act) and directors may enter into Rule 10b5-1 or non-Rule 10b5-1 trading arrangements (as each such term is defined in Item 408 of Regulation S-K).

During the three months ended December 31, 2024, our officers and directors took the following actions with respect to 10b5-1trading arrangements to satisfy the affirmative defense of Rule 10b5-1(c):

Trading Arrangement
Name and PositionActionDateRule 10b5-01Non- Rule 10b5-01Total Shares to be SoldExpiration Date
Richard McCathron (Chief Executive Officer)Adopt12/3/2024X—50,00012/5/2025
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