Lemonade Shareholder Letter Q1 2022 $419M In Force Premium (IFP) ↑ 66% YOY $279 Premium per Customer 1,504,197 Total Customers ↑ 37%YOY ↑ 22% YOY $252M ● $419M ● $133M ● Q120 90% Gross Loss Ratio ↓ 31% PTS YOY 121% 90% 72% ● 9 Q121 Q1 22 Q120 Q121 Q1 22 $96M Gross Earned Premium ↑ 71% YOY $96M $56M $31M Q122 Q120 Q121 2 Dear Shareholders, We're happy to report that the year kicked off with a strong first quarter. Notwithstanding the turbulent market forces and macroeconomic environment, both our top line an ...