Root, Inc. Class A Common Stock represents ownership in Root, Inc., a leading technology-driven insurance company headquartered in Columbus, Ohio, and founded in 2015. The company specializes in personal lines insurance, primarily offering automobile, renters, and homeowners coverage through a direct-to-consumer model powered by mobile applications and its website. Root revolutionizes pricing by leveraging proprietary telematics technology, which analyzes actual driving behavior via smartphone data to assess individual risk more accurately than traditional demographic-based methods, promoting fairness and personalization. Customers access policies, manage accounts, and file claims digitally, supported by advanced data science and machine learning for automated underwriting and efficient claims processing. Distribution channels include direct sales, digital media, independent agents, referrals, and strategic embedded partnerships that integrate insurance into partner platforms, such as automotive marketplaces. Operating in over 30 states, Root focuses on property and casualty insurance segments, emphasizing behavioral data from billions of miles driven to deliver tailored products and superior customer experiences in a competitive market.