Contract analysis

II. Quorum Insurance Holdings Corp. — Sponsor Overview

III. Quorum Premium Finance LLC — Originator & Servicer

IV. Transaction Structure & SPV Framework

V. Capital Structure & Credit Enhancement

VI. Collateral Overview — Receivables Pool Characteristics

VII. Historical Performance & Loss Analysis

VIII. Structural Protections & Early Amortization Triggers

XIV. Appendix — Detailed Stratification Data [slide 3]

I. Executive Summary Issuer: Quorum Receivables Funding 2022-1 LLC — bankruptcy-remote Delaware LLC Sponsor / Parent: Quorum Insurance Holdings Corp. (NYSE: QIHC) — headquartered in Stamford, CT Originator / Seller / Servicer: Quorum Premium Finance LLC — wholly owned subsidiary of QIH Asset Class: Insurance premium finance receivables — short-term loans to U.S. commercial policyholders secured by unearned premium re

II. Quorum Insurance Holdings Corp. — Sponsor Overview Full Legal Name: Quorum Insurance Holdings Corp. — Incorporated in Delaware; headquartered at 400 Atlantic Street, Suite 2200, Stamford, CT 06901 NYSE-listed: Ticker QIHC CEO: Marcus Devereaux; CFO: Priya Raghavan; General Counsel: Nolan Whitford; Treasurer: Sandra Ling-Hwang FY2021 Consolidated Revenue: $3.8 billion Three Business Segments: P&C insurance distrib

III. Quorum Premium Finance LLC — Originator & Servicer Full Legal Name: Quorum Premium Finance LLC — Delaware LLC, wholly owned by QIH Principal Office: 400 Atlantic Street, Suite 2200, Stamford, CT 06901; Manager: Sandra Ling-Hwang Originates and services insurance premium finance loans to commercial policyholders across all 50 states Total Receivables Portfolio: ~$2.1 billion (pre-securitization); Licensed in all

IV. Transaction Structure & SPV Framework Step 1: QPF (Originator/Seller) sells receivables to QRH (Depositor) via Receivables Sale Agreement — true sale Step 2: QRH transfers receivables to QRF 2022-1 (Issuer) via Receivables Transfer Agreement — true sale / contribution with back-up security interest Step 3: QRF 2022-1 issues Notes to investors; grants first-priority security interest in all receivables and collect

V. Capital Structure & Credit Enhancement Class A Notes: $375,000,000 (75.0%) — Requested Rating: AAA(cr) — Credit Enhancement: 25.0% — Coupon Guidance: SOFR + 125 bps Class B Notes: $75,000,000 (15.0%) — Requested Rating: A(cr) — Credit Enhancement: 10.0% — Coupon Guidance: SOFR + 210 bps Class C Notes: $35,000,000 (7.0%) — Requested Rating: BBB(cr) — Credit Enhancement: 3.0% — Coupon Guidance: SOFR + 375 bps Overco

VI. Collateral Overview — Receivables Pool Characteristics Cut-Off Date: June 30, 2022 | Initial Pool Balance: $612,000,000 Number of Loans: ~82,400 | Average Loan Balance: ~$7,427 Weighted Average APR: 7.85% | WA Original Term: 9.2 months | WA Remaining Term: 5.7 months Asset Type: Insurance premium finance loans to U.S. commercial policyholders Collateral Security: Unearned premium refund rights from insurance carr

VII. Historical Performance & Loss Analysis Three-Year Average Net Loss Rate (2019–2021): 0.42% Loss performance stable across economic cycles including COVID-19 pandemic 60+ Day Delinquency Rate at Cut-Off (June 30, 2022): 0.87% Loss severity mitigated by unearned premium refund mechanism — upon default, servicer cancels policy and recovers unearned premium directly from carrier Premium finance loans are self-liquid

VIII. Structural Protections & Early Amortization Triggers Early Amortization Triggers (any one triggers end of revolving period): • 3-month average net loss rate exceeds 2.00% • 60+ day delinquency rate exceeds 3.50% • Available funds cap deficit for 2 consecutive periods • Servicer default or servicer credit rating downgrade below BB(cr)/Ba2(p) • Pool balance falls below minimum required of $450,000,000 during revo

1. Trustee fees and expenses (Calvoneth Trust Company, N.A.)

2. Servicing fee — 1.00% per annum on outstanding pool balance (~$510,000/month at initial pool balance)

3. Class A Note interest (SOFR + 125 bps guidance)

4. Class B Note interest (SOFR + 210 bps guidance)

5. Class C Note interest (SOFR + 375 bps guidance)

6. Class A Note principal (until paid in full)

7. Class B Note principal (until paid in full)

8. Class C Note principal (until paid in full)

9. Replenish overcollateralization to target ($15,000,000)

10. Residual to Issuer (retained by sponsor) During Revolving Period: principal collections used to acquire new eligible receivables rather than pay down notes Upon early amortization or scheduled amortization: principal collections applied to note paydown in sequential order [slide 12]

X. Legal Framework & Opinions Issuer's Counsel: Calderwood & Harkness LLP (Douglas Carmichael, Partner; Yuki Nakamura, Lead Associate) Underwriter's Counsel: Calloway & Brandt LLP (Harrison Collier, Partner) Trustee's Counsel: Ashfield & Greer LLP (Vivian Sato, Partner) Legal Opinions to be Delivered at Closing: • True sale opinions — QPF to QRH and QRH to QRF 2022-1 transfers (Calderwood & Harkness / Sylvia Hartwell

XI. Third-Party Participants Structuring Agent / Lead Bookrunner / Sole Placement Agent: Ridgeline Capital Markets LLC (Julian Weatherstone, Rebecca Tran) Indenture Trustee / Paying Agent / Calculation Agent / Securities Intermediary / Custodian: Calvoneth Trust Company, N.A. (Gerald K. Fontaine, Senior Trust Officer) — Houston, TX Back-Up Servicer: Northvane Bank, N.A. (Diane Coletti, Managing Director) — Fee: $50,0

XII. Tax Considerations QRF 2022-1 structured as a disregarded entity for U.S. federal income tax purposes — not treated as a separate taxable entity Notes to be treated as debt for U.S. federal income tax purposes (opinion by Sylvia Hartwell, Calderwood & Harkness) FATCA Compliance: Notes structured to comply with FATCA withholding requirements; non-U.S. holders subject to standard W-8 documentation State Tax: QRF 2

XIII. Timeline & Next Steps June 28, 2022: Engagement opened; Calderwood & Harkness retained June 30, 2022: Cut-off date for initial receivables pool July 11–25, 2022: Kick-off call, initial term sheet circulated, structure finalized August 3, 2022: QRF 2022-1 and QRH formed in Delaware August 8, 2022: Rating agency presentations (today) Target: Preliminary ratings from Brindoval within ~2 weeks (by ~August 22, 2022)

XIV. Appendix — Detailed Pool Stratification & Key Metrics Summary Pool Stratification by State: Texas 14.2%, California 11.8%, Florida 9.6%, remaining 47 states 60.4% Pool Stratification by Insurance Carrier: No single carrier exceeds 15% limit (detailed carrier breakdown available) Pool Stratification by Remaining Term: WA Remaining Term 5.7 months Pool Stratification by APR Band: WA APR 7.85% Pool Stratification b