Schedule of Other Ownership Interests |
The following table summarizes the changes in ownership of THG units for the periods presented:
| | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | THG units held by Hagerty, Inc. | | | | | | | | Beginning of period | 90,064,663 | | 84,655,539 | | 90,032,391 | | 84,588,536 | Issuance of shares under employee plans | 596,683 | | 916,223 | | 604,955 | | 983,226 | Exchange of THG units for Class A Common Stock | 54,302 | | 131,524 | | 78,302 | | 131,524 | | | | | | | | | End of period | 90,715,648 | | 85,703,286 | | 90,715,648 | | 85,703,286 | Ownership percentage | | | | | | | | Beginning of period | 26.1 | % | | 24.9 | % | | 26.1 | % | | 24.9 | % | End of period | 26.2 | % | | 25.1 | % | | 26.2 | % | | 25.1 | % | | | | | | | | | THG units held by other unit holders | | | | | | | | Beginning of period | 255,154,346 | | 255,499,164 | | 255,178,346 | | 255,499,164 | Exchange of THG units for Class A Common Stock | (54,302) | | (131,524) | | (78,302) | | (131,524) | End of period | 255,100,044 | | 255,367,640 | | 255,100,044 | | 255,367,640 | Ownership percentage | | | | | | | | Beginning of period | 73.9 | % | | 75.1 | % | | 73.9 | % | | 75.1 | % | End of period | 73.8 | % | | 74.9 | % | | 73.8 | % | | 74.9 | % | | | | | | | | | Total THG units outstanding | 345,815,692 | | 341,070,926 | | 345,815,692 | | 341,070,926 |
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