Root, Inc. · NASDAQ:ROOT
Root — Investor Presentation (2026)
22 slides from Root's investor presentation, 2026
Slide 1: Meet Root: Company Overview Q2 2026
Meet Root Company Overview Q2 2026
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains forward-looking statements relating to, among other things, the future performance of Root and its consolidated subsidiaries that are based on Root’s current expectations, forecasts, and assumptions, and involve risks and uncertainties. All state
Slide 3: Long-term goal: largest and most profitable personal lines insurer
Long-term goal Be the largest and most profitable personal lines insurance provider in the U.S. How we’re doing it World-class data science and technology 3
Slide 4: Root by the numbers
Root by the numbers ~$1.5B 60% $61M Q2 2026 TTM* Q2 2026 TTM Q2 2026 TTM Net Income Gross Written Premium Gross Accident Period Loss Ratio 6% $195M 37B Miles of Driving Data as of 1 Q2 2026 TTM Operating Policies-in-Force growth YoY July 2026 Cashflow 1 Q2 2026 vs Q2 2025. *Trailing Twelve Months 4
Slide 5: Investment highlights
Investment highlights Key Highlights Results Proprietary tech platform and data Best-in-class mobile telematics algorithms and AI powered pricing 1 science algorithms drive strong delivering one of the best loss ratios in the industry. underwriting performance Fully integrated, omni-channel Different
Slide 6: Massive auto insurance market opportunity
Massive auto insurance market opportunity with transformations in consumer behavior and technology Projected Growth for Embedded Insurance P&C Market Net Premiums Written (2025)1 Products: Personal Auto (US)2 Miles of Driving Data Collected by Root Giant market ripe for transformation Consumers are
Slide 7: Significant progress
Significant progress Gross Premiums Written ($M) Net Premiums Written ($M) Net Loss & LAE Ratio CAGR 39% 48 pt CAGR 17% improvement 7
Slide 8: Strong growth at industry-leading loss ratio
Strong growth at industry-leading loss ratio demonstrates differentiated pricing technology Continued improvement in underwriting results across market cycles and macro events Gross Accident Period Loss Ratio as of 6/30/2026 and Gross Premiums Written Gross Accident Period Loss Ratio: Expressed as a
Slide 9: Product innovation is core to DNA
Product innovation is core to DNA Tailored Plan and Account Creation Test Drive Claims Coverage Create an account in A two-week test drive Coverage options are File a claim in under a seconds period determines clearly explained and minute, industry-leading driving score easy to customize resolution
Slide 10: Differentiated data science and technology assets
Differentiated data science and technology assets are the bedrock of competitive advantage Telematics Mobile Technology Embedded Platform Proprietary telematics algorithms tied to claims Mobile-first customer experience drives Embedded suite of APIs allows partners data segments risk to create the mos
Slide 11: Our algorithms get smarter as we expand our data sets
Our algorithms get smarter as we expand our data sets, enabling profitable growth Increasing data drives better risk scores Growth creates more data Better risk score drives Better customer experience better pricing drives growth Better pricing leads to better customer experience 11
Slide 12: Technology creates seamless experiences across direct and embedded
Technology creates seamless customer experiences across our direct to consumer and embedded products Partnerships: B2B Direct: B2C Modern tech stack seamlessly integrates Mobile technology creates a seamless customer into existing platforms, with integrations ranging from experience while creating a
Slide 13: Seamless integration and technology in action
Seamless integration and technology in action Goosehead Agent Experience As a rapidly growing independent personal lines insurance agency, Goosehead Insurance carefully selects top insurance companies to ensure their agents and customers receive the best possible experience. Root developed a cutting
Slide 14: Multiple levers for long-term growth
Multiple levers for long-term growth across direct, partnerships, and geographic expansion Machine learning marketing fuels Embedded technology powers Growing footprint creates efficient customer acquisition partnership distribution key growth opportunity ● Seamless customer experience drives ● Exclus
Slide 15: Financial Overview
Financial Overview Confidential | Do Not Distribute
Slide 16: Financial highlights
Financial highlights Scale $1.5B Gross Written Premiums (Q2 2026 TTM) Growth 16% Net Earned Premium YoY Growth (Q2 2026 TTM) Underwriting 65% Net Loss and LAE Ratio (Q2 2026 TTM) Profitability $61M Net Income (Q2 2026 TTM) 16
Slide 17: Strong and consistent growth
Strong and consistent growth 17
Slide 18: Consistent improvements drove net income profitability
Consistent improvements drove the company to net income profitability Disciplined approach to underwriting, capital, and expense management put us on path to profitability Net Income/(Loss) and Adjusted EBITDA Adjusted EBITDA: A non-GAAP financial measure, defined as net loss excluding interest expens
Slide 19: Key takeaways
Key takeaways Large personal auto market with expanding distribution surface area Proprietary data, modern technology, and AI-enabled pricing create durable competitive advantage Strong profitability and capital flexibility support disciplined investment through the cycle Positioned to re-accelerate p
Slide 20: Strong and experienced management team
Strong and experienced management team leading the charge Alex Timm Matt Bonakdarpour Megan Binkley Jon Allison Co-founder & Chief Executive Officer President & Chief Technology Officer Chief Financial Officer Chief Administrative Officer Founded Root in 2015, worked at Nationwide Joined in 2018, previously
Slide 21: Appendix
>> Appendix
Slide 22: Reconciliation of Net Income/(Loss) to Adjusted EBITDA
Reconciliation of Net Income/(Loss) to Adjusted EBITDA Definitions Adjusted EBITDA: a non-GAAP financial measure, as net income/(loss) excluding interest expense, income tax expense, depreciation and amortization, share-based compensation, loss on extinguishment of debt, warrant compensation expense,