SCHEDULE 13G 0001351407 XXXXXXXX LIVE Class A common stock, par value $0.01 per share 08/29/2025 0001772921 OneWater Marine Inc. 68280L101 6275 Lanier Islands Parkway Buford GA 30518 Rule 13d-1(b) Philadelphia Financial Management of San Francisco, LLC CA 0.00 899324.00 0.00 899324.00 899324.00 N 5.5 IA The percentage is based off 16,370,425 shares of Class A Common Stock outstanding described in the Issuers Form 10-Q filed on August 1, 2025. Boathouse Row I, L.P. DE 0.00 899324.00 0.00 899324.00 899324.00 N 5.5 PN The percentage is based off 16,370,425 shares of Class A Common Stock outstanding described in the Issuers Form 10-Q filed on August 1, 2025. Boathouse Row II, L.P. DE 0.00 899324.00 0.00 899324.00 899324.00 N 5.5 PN The percentage is based off 16,370,425 shares of Class A Common Stock outstanding described in the Issuers Form 10-Q filed on August 1, 2025. Boathouse Row Offshore, Ltd. E9 0.00 899324.00 0.00 899324.00 899324.00 N 5.5 OO The percentage is based off 16,370,425 shares of Class A Common Stock outstanding described in the Issuers Form 10-Q filed on August 1, 2025. Jordan Hymowitz X1 0.00 899324.00 0.00 899324.00 899324.00 N 5.5 IN The percentage is based off 16,370,425 shares of Class A Common Stock outstanding described in the Issuers Form 10-Q filed on August 1, 2025. Hymowitz 1999 Trust X1 0.00 899324.00 0.00 899324.00 899324.00 N 5.5 OO The percentage is based off 16,370,425 shares of Class A Common Stock outstanding described in the Issuers Form 10-Q filed on August 1, 2025. OneWater Marine Inc. 6275 Lanier Islands Parkway, Buford, GA, 30518 This Schedule 13G is filed on behalf of each of the following persons: Philadelphia Financial Management of San Francisco, LLC Boathouse Row I, L.P. Boathouse Row II, L.P. Boathouse Row Offshore, Ltd. Jordan Hymowitz Hymowitz 1999 Trust Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." This Schedule 13G relates to the shares of common stock of the Issuer (the "Shares") held for the accounts of Philadelphia Financial Management of San Francisco, LLC ("PFM"), Boathouse Row I, L.P. ("BRI"), Boathouse Row II, L.P. ("BRII"), Boathouse Row Offshore, Ltd. ("BRO"). Philadelphia Financial Management of San Francisco, LLC ("PFM") is the investment adviser of BRO and the general partner of BRI and BRII and therefore retains voting control and dispositive power of the shares owned by each. Jordan Hymowitz is the Managing Member and sole owner of PFM. The principal business office of each Reporting Person is: c/o Philadelphia Financial Management of San Francisco, LLC 450 Sansome Street, Suite 1500 San Francisco, CA 94111 Philadelphia Financial Management of San Francisco, LLC - California, United States Boathouse Row I, L.P. - Delaware, United States Boathouse Row II, L.P. - Delaware, United States Boathouse Row Offshore, Ltd. - Cayman Islands Jordan Hymowitz - California, United States Hymowitz 1999 Trust- California, United States N IA HC 899,324 5.5 0 899,324 0 899,324 Y N See disclosure in Items 2 and 4 hereof. N See disclosure in Items 2 and 4 hereof. Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Philadelphia Financial Management of San Francisco, LLC /s/ Jeff Bowers 10/16/2025 Boathouse Row I, L.P. /s/ Jeff Bowers 10/16/2025 Boathouse Row II, L.P. /s/ Jeff Bowers 10/16/2025 Boathouse Row Offshore, Ltd. /s/ Jeff Bowers 10/16/2025 Jordan Hymowitz /s/ Jordan Hymowitz 10/16/2025 Hymowitz 1999 Trust /s/ Jordan Hymowitz 10/16/2025