Donegal Investor Presentation – April 2022

First Quarter 2022Investor Presentation

April 28, 2022

Kevin G. Burke

President and Chief Executive Officer

Jeffrey D. Miller

Executive Vice President and Chief Financial Officer

We base all statements contained in this presentation that are not historic facts on our current expectations. Such statements are forward-looking in nature (as defined in the Private Securities Litigation Reform Act of 1995) and necessarily involve risks and uncertainties. Forward-looking statementswe make may be identified by our use of words such as"will," "expect," "intend," "plan," "anticipate," "believe," "seek," "estimate"and similar

expressions. Our actual results could vary materially from our forward-looking statements. The factors that could cause our actual results to vary materially from the forward-looking statements we have previously made include, but are not limited to, prolonged economic challenges resulting from the COVID-19 pandemic, adverse litigation and other trends that could increase our loss costs (including labor shortages and escalating medical, automobile and property repair costs), adverse and catastrophic weather events, our ability to maintain profitable operations (including our ability tounderwrite risks effectively and charge adequate premium rates), the adequacy of the loss and loss expense reserves of our insurance subsidiaries,

the availability and successful operation of the information technology systems our insurance subsidiaries utilize, the successful development of new information technology systems to allow our insurance subsidiaries to compete effectively, business and economic conditions in the areas in which we and our insurance subsidiaries operate, interest rates, competition from various insurance and other financial businesses, terrorism, the availability and cost of reinsurance, legal and judicial developments including those related to COVID-19 business interruption coverage exclusions, changes inregulatory requirements, our ability to attract and retain independent insurance agents, changes in our A.M. Best rating and the other risks that we

describe from time to time in our filings with the Securities and Exchange Commission. We disclaim any obligation to update such statements or to announce publicly the results of any revisions that we may make to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

Reconciliations of non-GAAP data are included in the financial supplement section of this presentation.

• •Pooling agreementfosters anenvironment of continuityand maintainssuperior employee relationsin which the business can grow.

• •Shared combined business plan toenhance market penetrationandunderwriting profitability.

• •Product offerings arecomplementary, offering abroad range of productsthat expands our ability to service accounts.

1Because of the different relative voting power of Class A common stock, public stockholders hold approximately 30% if the aggregate voting power of the combined classes. Donegal Mutual holds approximately 70% of the aggregate voting power of the combined class.

by A.M. Best

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Donegal Group Inc. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 10:40:51 UTC.