NMI Holdings, Inc. (NMIH)

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

We have designed our compensation program to attract, retain and motivate talented and qualified executives, while maximizing stockholder value creation over the long-term by targeting compensation levels that are externally competitive when measured against other companies within our industry and geographic location.

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

a. Approved under the standard stated in the filing — “MATTERS TO BE VOTED UPON PROPOSAL VOTES REQUIRED FOR APPROVAL EFFECT OF ABSTENTION 1 SHARES/EFFECT OF BROKER NON-VOTES 2 SIGNED BUT UNMARKED PROXY CARDS BOARD RECOMMENDATION PAGE REFERENCE 1 Election of directors Plurality of Votes Cast No effect Not voted/No effect Voted "For" each nominee FOR each nominee 11 2 Advisory, non-binding vote to approve executive compensation Majority of shares present or represented by proxy and entitled to vote Same effect as a vote "Against" Not voted/No effect Voted "For" FOR 61 3 Ratification of the appointment of BDO USA, LLP as NMI's independent registered public accounting firm Majority of shares present or represented by proxy and entitled to vote Same effect as a vote "Against" Discretionary Vote 3 Voted "For" FOR 62 Abstentions and broker non-votes are included for purposes of determining whether a quorum is present;”.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “MATTERS TO BE VOTED UPON PROPOSAL VOTES REQUIRED FOR APPROVAL EFFECT OF ABSTENTION 1 SHARES/EFFECT OF BROKER NON-VOTES 2 SIGNED BUT UNMARKED PROXY CARDS BOARD RECOMMENDATION PAGE REFERENCE 1 Election of directors Plurality of Votes Cast No effect Not voted/No effect Voted "For" each nominee FOR each nominee 10 2 Advisory, non-binding vote to approve executive compensation Majority of shares present or represented by proxy and entitled to vote Same effect as a vote "Against" Not voted/No effect Voted "For" FOR 60 3 Ratification of the appointment of BDO USA, P.C.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Of the companies NMI Holdings, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including NMI Holdings, Inc..

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.