INAUGURAL ZOUTE AUCTION ACHIEVES OVER €26M IN TOTAL SALES AND 78 PERCENT SELL-THROUGH RATE

Bicester, United Kingdom, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty company (NYSE: HGTY), is celebrating the success of its spectacular inaugural Zoute Concours Auction on Friday 10 October. Held in collaboration with the famed Zoute Grand Prix Week, the auction room was packed with collectors and guests who enjoyed a vibrant atmosphere on the beautiful grounds of Approach Golf in Knokke-Heist. Broad Arrow’s first auction in Belgium featured some of the market’s most sought-after classic and modern collector cars, many with captivating provenance and unique specifications. It attracted 445 registered bidders, 39 percent of which were from Belgium, Luxembourg and the Netherlands. The vibrant sale, held on Friday 10 October saw a packed sales room and a fun and enjoyable atmosphere. The auction, also watched live around the world on the Broad Arrow YouTube channel, achieved €26,293,150 in total sales, with 78 percent of all lots sold (including lots sold after the live auction ended) “What an incredible atmosphere as buyers filled the sale room for our first Zoute Concours Auction,” says Gregory Tuytens, Broad Arrow's Head of Consignments for Belgium and The Netherlands. “There was a real buzz, and it was a pleasure to present buyers with such a stunning selection of highly collectible cars from across all eras of motoring.” There was palpable excitement in the room when bidding commenced for a stunning 1967 Ferrari 275 GTB/4 finished in extremely rare Verde Pino (pine green). This incredible matching-numbers example was presented in remarkably original condition, which contributed to a sale price of €3,015,625. Ferrari collectors were equally excited about two examples of the Ferrari Testarossa, one a very desirable 1985 ‘Monospecchio’ version which sold for €212,750 and the other a rare 1991 model in Nero ‘Fer 1240’ black that achieved €218,500. A Ferrari 365 GTB/4 Daytona Competizione Specification sold for €827,500 proving it was quite the night for Ferrari collectors. A truly unique Lamborghini in the form of the seldom-seen Pregunta concept car was another star of the auction. The last Lamborghini concept to be created before Audi took over the company, bidding shot up for this piece of Sant’Agata history, with this fighter jet-inspired supercar selling immediately after the hammer fell for €2,143,750. Supercars lived up to their name, with super bidding battles taking place for some of the most iconic performance cars of the last few decades. There was fierce competition among bidders for a 2023 Aston Martin Valkyrie, commissioned by former F1 driver Daniel Ricciardo and part of his private collection, which passed the chequered flag with a price of €2,284,375. Other notable supercars that sped to new buyers included: 2015 Bugatti Veyron EB 16.4 Grand Sport Vitesse ‘Transformers’ sold for €1,862,5001992 Bugatti EB110 GT sold for €1,581,2502006 Porsche Carrera GT sold for €1,350,0002011 Ferrari 599 GTO sold for €760,0002006 Ford GT Heritage Edition sold for €512,500 A trio of revered Porsche sports cars generated further excitement in the room, including a 2023 Porsche 718 Cayman GT4 RS Weissach in striking paint-to-sample Malachite Green Metallic that has been driven only 55km, which sold for €149,500. A single-owner 2008 Porsche 911 GT2 driven only 1,000km achieved €310,000, while the rarest of all 997 generation Porsche 911 models, a 2010 911 Sport Classic, one of only 250 produced, reached a price of €355,000. Pre-war vintage cars proved popular too, with a 1938 Frazer-Nash TT Replica that once belonged to a Lord Mayor of London smashing through its upper estimate to achieve a price of €264,500. There was great interest in a 1930 Alfa Romeo 6C 1750 that has been rebuilt in the style of works Targa Florio racers of its period. Eligible for numerous international racing and touring events, it achieved a price of €184,000. “These standout results of Broad Arrow’s second European sale continues the success we saw at our Concorso d’Eleganza Villa d’Este auction in May this year,” says Joe Twyman, VP of Sales for Broad Arrow’s EMEA Region. “The results speak for themselves and now we look forward to our third European auction of the year, the Zürich Auction taking place at the spectacular Dolder Grand hotel on 1 November as the official auction partner of Auto Zurich. Broad Arrow Zoute Concours Auction 2025 Results 1967 Ferrari 275 GTB/4 - €3,015,6252023 Aston Martin Valkyrie from the collection of Daniel Ricciardo - €2,284,3751998 Lamborghini Pregunta - €2,143,7502015 Bugatti Veyron Grand Sport Vitesse - €1,862,5001992 Bugatti EB110 GT - €1,581,2502005 Porsche Carrera GT - €1,350,0001970 Ferrari 365 GTB/4 Daytona Competizione Specification - €827,5002011 Ferrari 599 GTO - €760,0002009 Mercedes-Benz SLR McLaren Roadster 722 S - €715,0001976 Lancia Stratos HF Group 4 Specification - €625,000 “It was an honour to host this sale at Zoute Grand Prix Car Week,” says Karsten Le Blanc, SVP, Head of EMEA Region and Broad Arrow Capital. “This world class event attracts enthusiasts and collectors from around the world and we will return next year as we look ahead to a long and successful partnership. The next auction on the Broad Arrow Auctions calendar is The Las Vegas Auction on 31 October 2025 in partnership with Concours at Wynn Las Vegas. A celebration of heritage, craftsmanship, and innovation, Concours at Wynn Las Vegas brings car enthusiasts from around the world to revel in automotive excellence against the dynamic backdrop of the Las Vegas Strip. Broad Arrow Auctions is pleased to announce its first auction in Las Vegas during the Concours’ fourth annual gathering with an auction encompassing more than 70 exceptional collector cars across a wide variety of genres, marques, and price points. As the official auction partner of Auto Zürich, held at Messe Zürich from 30 October to 2 November, Broad Arrow’s exciting new Zürich auctionwill be the culminating event of the show and feature approximately 60 highly desirable collector cars. The auction will be held at The Dolder Grand, the world-famous five-star hotel overlooking Lake Zürich. Auto Zürich was first held in 1987 and today has become a destination for thousands who wish to experience the past, present, and future of the automobile, proving to be one of the most successful motor shows in Europe. Just down the road, The Dolder Grand is an ideal location to host an auction of exceptional collector cars. Both create the perfect timing and location for a world-class auction. For media enquiries relating to the Broad Arrow Zoute Concours Auction please contact a member of the press team. NOTE: All prices are listed in Euros and include buyer’s premium, which is equal to the sum of fifteen percent (15%) plus VAT of the first €250,000 of the Hammer Price and 12.5% plus VAT of the amount by which the Hammer Price exceeds €250,000 for all motor car lots.  For non-motor car lots, Buyer’s Premium is equal to twenty-five (25) percent of the Hammer Price. Event images by Tom Clutterbuck. Ends. Editor’s Notes About Broad Arrow Auctions Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is a leading global collector car auction house. Founded in 2021 by highly experienced industry veterans, Broad Arrow offers exceptional quality cars to collectors and enthusiasts around the world. As the fastest growing auction house in its segment, Broad Arrow’s flagship annual events include The Monterey Jet Center Auction, in conjunction with Motorlux in California, The Amelia Auction, as the official auction of The Amelia (Concours d’Elegance) in Florida, and The Porsche Auction, in conjunction with Air | Water by Luftgekühlt in California. Broad Arrow expanded its global footprint in 2023, with renowned car specialists joining the team in the UK and Europe. Broad Arrow launched its first auction in Europe in May 2025 as the new official auction house of the Concorso d’Eleganza Villa d’Este in Italy in partnership with BMW AG. Broad Arrow now expands its global auction footprint with three new auctions in 2025 to be held during Zoute Grand Prix, Concours at Wynn Las Vegas, and Auto Zürich. Learn more at broadarrowauctions.com and follow us on Instagram, Facebook, LinkedIn, and Twitter. About Hagerty, Inc. (NYSE: HGTY) Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 875,000 who can’t get enough of cars. For more information, please visit www.hagerty.com or connect with us on Facebook, Instagram, X and LinkedIn. About Zoute Grand Prix Car Week Zoute Grand Prix is a wondrous world of high-end lifestyle and art events, with cars as the centre of attention. The five-day festival is a gathering of passionate collectors, connoisseurs, and automotive aficionados who share a love for timeless cars and exclusivity. The event offers a diverse variety of rallies, GT tours, car and art exhibitions, and auctions. Alongside the most stunning classic and luxury cars, guests indulge in the finest gastronomy, with top chefs and premium dining experiences. Through every Zoute Grand Prix experience, guests enjoy world-class service and the warmest welcome in a setting of pure elegance. Learn more about Zoute Grand Prix at zoutegrandprix.be. Forward-Looking Statements - This press release contains statements that constitute “forward-looking statements” within the meaning of the federal securities laws. All statements provided, other than statements of historical fact, are forward-looking statements, including those regarding Hagerty’s future operating results and financial position, Hagerty’s business strategy and plans, products, services, and technology implementations, market conditions, growth and trends, expansion plans and opportunities, and Hagerty’s objectives for future operations. The words “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “ongoing,” “contemplate,” and similar expressions, and the negative of these expressions, are intended to identify forward-looking statements. Hagerty has based these forward-looking statements largely on current expectations about future events, which may not materialize. Actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. These factors include, among other things, Hagerty’s ability to: (i) compete effectively within our industry and attract and retain our insurance policyholders and paid Hagerty Drivers Club (“HDC”) subscribers; (ii) maintain key strategic relationships with our insurance distribution and underwriting carrier partners; (iii) prevent, monitor, and detect fraudulent activity; (iv) manage risks associated with disruptions, interruptions, outages or other issues with our technology platforms or our use of third-party services; (v) accelerate the adoption of our membership and marketplace products and services, as well as any new insurance programs and products we offer; (vi) manage the cyclical nature of the insurance business, including through any periods of recession, economic downturn or inflation; (vii) address unexpected increases in the frequency or severity of claims, and (viii) comply with the numerous laws and regulations applicable to our business, including state, federal and foreign laws relating to insurance and rate increases, privacy, the internet, and accounting matters. The forward-looking statements herein represent the judgment of Hagerty as of the date of this release and Hagerty disclaims any intent or obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise. This press release should be read in conjunction with the information included in Hagerty’s other press releases, reports and other filings with the Securities and Exchange Commission. Understanding the information contained in these filings is important in order to fully understand Hagerty’s reported financial results and its business outlook for future periods. Broad Arrow Zoute Saleroom Overhead shot of the marquee

INAUGURAL ZOUTE AUCTION ACHIEVES OVER €26M IN TOTAL SALES AND 78 PERCENT SELL-THROUGH RATE

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