DOMA HOLDINGS, INC. FILES (8-K) Disclosing Costs Associated with Exit or Disposal Activities, Change in Directors or Principal Officers

Item 2.05. Costs Associated with Exit or Disposal Activities.

On December 6, 2022, Doma Holdings, Inc. (the "Company") committed to
implementing a strategic initiative and corresponding reduction in workforce
(the "Reduction Plan"), designed to reduce costs, improve Local branch-level
profitability, and focus resources on its instant underwriting capabilities.

The Reduction Plan is intended to generate estimated annualized compensation
expense savings of between $85 million - $90 million and additional long-term
facility related expense savings, beginning in the first quarter of 2023. The
Reduction Plan includes the elimination of approximately 515 positions across
the Company, or approximately 40% of the Company's current workforce.

As part of the Reduction Plan, the Company expects to incur between
approximately $9 million - $10 million in employment related charges, including
cash expenditures for employee benefits, salary continuation, severance
payments, payroll taxes and related costs offset by forfeitures of bonus and
stock-based compensation. In the fourth quarter of 2022 and first quarter of
2023, the Company expects to incur restructuring charges related to decisions to
exit or cease use of certain leased facilities to align with the Company's
anticipated operating needs. The Company cannot reasonably estimate these
facility restructuring charges at this time. Similar to prior reductions in
force, these charges will be outside of adjusted EBITDA.

The Company expects the execution of the Reduction Plan, including cash
payments, will be substantially complete in the first quarter of 2023.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 2, 2022, the Company's Chief Executive Officer, Maxwell Simkoff,
voluntarily agreed to forego and cancel a previous award of 701,010 performance
restricted stock units for the performance period beginning January 1, 2021
through December 31, 2023 granted to him under the Company's Omnibus Incentive
Plan on October 5, 2021, all of which are unvested.

Forward-Looking Statements Legend

This Current Report on Form 8-K includes "forward-looking statements" within the
meaning of the "safe harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be identified by
the use of words such as "estimate," "plan," "project," "forecast," "intend,"
"will," "expect," "anticipate," "believe," "seek," "target" or other similar
expressions that predict or indicate future events or trends or that are not
statements of historical matters. The absence of these words does not mean that
a statement is not forward-looking. Such statements are based on the beliefs of,
as well as assumptions made by information currently available to Doma
management.

These forward-looking statements include, but are not limited to, statements
regarding the estimated range and timing of the charges and cash outlays
resulting from the Reduction Plan and the potential benefits described herein.
These statements are based on various assumptions, whether or not identified in
this Current Report, and on the current expectation of Doma's management and are
not predictions of actual performance. These forward-looking statements are
provided for illustrative purposes only and are not intended to serve as, and
must not be relied on by any investor as, a guarantee, an assurance, a
prediction or a definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict, will differ from
assumptions and are beyond the control of Doma.

These forward-looking statements are subject to a number of risks and
uncertainties, including changes in business, market, financial, political and
legal conditions; risks relating to the uncertainty of the projected financial
information with respect to Doma; future global, regional or local economic,
political, market and social conditions, including duet the development, effects
and enforcement of laws and regulations, including with respect to the title
insurance industry; Doma's ability to manage its future growth or to develop or
acquire enhancements to its platform; the effects of competition on Doma's
future business; the outcome of any potential litigation, government and
regulatory proceedings, investigations and inquiries; and those other factors
described in Part I, Item 1A - "Risk Factors" of our Annual Report on Form 10-K
for the year ended December 31, 2021 and any subsequent reports filed by Doma
from time to time with the U.S. Securities and Exchange Commission (the "SEC").

If any of these risks materialize or Doma's assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. There may be additional risks that Doma does not
presently know or that Doma currently believes are immaterial that could also
cause actual results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect Doma's expectations,
plans or forecasts of future events and views as of the date of this Current
Report. Doma anticipates that subsequent events and developments will cause
Doma's assessments to change. However, while Doma may elect to update these
forward-looking statements at some point in the future, Doma specifically
disclaims any obligation to do so, except as required by law. These
forward-looking statements should not be

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relied upon as representing Doma's assessment as of any date subsequent to the
date of this Current Report. Accordingly, undue reliance should not be placed
upon the forward-looking statements.

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