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Enact Releases 2024 Sustainability Report

1. Enact released its 2024 Sustainability Report highlighting key initiatives. 2. Focus areas include third-party risk management and community engagement. 3. Company emphasizes sustainability's role in long-term growth and profitability. 4. Challenges include economic uncertainties and competition in mortgage insurance. 5. Report shows progress on sustainability pillars crucial for stakeholder trust.

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Why Bullish?

The release of the sustainability report can improve stakeholder confidence, similar to past positive reports boosting investor sentiment and stock prices.

How important is it?

The report showcases Enact's focus on sustainability, a growing priority for investors and consumers alike, potentially influencing market position.

Why Long Term?

Sustainability commitments typically lead to long-term investor support and potential market advantage over time.

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RALEIGH, N.C., March 28, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced the release of its 2024 Sustainability Report covering the calendar year 2024. This report continues Enact’s transparency on its progress in areas vital to its sustainability pillars, priorities identified as critical to Enact’s long-term success by internal and external stakeholders. This year’s report provides new insights into Enact’s approach to sustainability with spotlights on additional facets of Enact’s sustainability initiatives, such as our third party risk management program, professional development programs, and Hurricane Helene relief response. “On behalf of the Enact team, I am pleased to share our 2024 Sustainability Report,” said Rohit Gupta, President and CEO of Enact. “Enact remains committed to helping build stronger communities through homeownership, philanthropy, and volunteerism and we know that our continued growth and profitability are contingent in part on our continued focus on sustainability. This year’s report shows the areas where we’re focusing and the progress we’re making as we continue to deliver for all of our stakeholders.” Enact’s 2024 Sustainability Report is available on Enact’s Investor Relations website at https://ir.enactmi.com/sustainability. Safe Harbor Statement This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, our expected financial and operational results, the related assumptions underlying our expected results, guidance concerning the future return of capital and the quotations of management. These forward-looking statements are distinguished by use of words such as “will,” “may,” “would,” “anticipate,” “expect,” “believe,” “designed,” “plan,” “predict,” “project,” “target,” “could,” “should,” or “intend,” the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, our actual results may differ materially from the results discussed in our forward-looking statements. Our forward-looking statements contained herein speak only as of the date of this press release. Factors or events that we cannot predict, including risks related to an economic downturn or a recession in the United States and in other countries around the world; changes in political, business, regulatory, and economic conditions; changes in or to Fannie Mae and Freddie Mac (the “GSEs”), whether through Federal legislation, restructurings or a shift in business practices; failure to continue to meet the mortgage insurer eligibility requirements of the GSEs; competition for customers; lenders or investors seeking alternatives to private mortgage insurance; an increase in the number of loans insured through Federal government mortgage insurance programs, including those offered by the Federal Housing Administration; and other factors described in the risk factors contained in our most recent Annual Report on Form 10-K and other filings with the SEC, may cause our actual results to differ from those expressed in forward-looking statements. Although Enact believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, Enact can give no assurance that its expectations will be achieved and it undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law. About Enact Holdings, Inc.Enact (Nasdaq: ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a deep understanding of lenders' businesses and a legacy of financial strength, we partner with lenders to bring best-in class service, leading underwriting expertise, and extensive risk and capital management to the mortgage process, helping to put more people in homes and keep them there. By empowering customers and their borrowers, Enact seeks to positively impact the lives of those in the communities in which it serves in a sustainable way. Enact is headquartered in Raleigh, North Carolina. This press release was published by a CLEAR® Verified individual.

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