SCHEDULE 13G/A 0001104659-21-022563 0001697450 XXXXXXXX LIVE 4 Class A Common Stock, par value $0.0001 per share 06/30/2025 0001788882 Root, Inc. 77664L207 80 E Rich Street Suite 500 Columbus OH 43215 Rule 13d-1(d) Ribbit Capital IV, L.P. b E9 996783.00 0.00 996783.00 0.00 996783.00 N 7.1 PN Represents (i) 503,800 shares of Class A common stock and (ii) 492,983 shares of Class B common stock directly owned by Ribbit Capital IV, L.P. ("Fund IV") for itself and as nominee for Ribbit Founder Fund IV, L.P. ("FF IV"). Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Ribbit Capital GP IV, L.P. ("GP IV"), the general partner of Fund IV and FF IV, Ribbit Capital GP IV, Ltd. ("UGP IV"), the general partner of GP IV, and Meyer Malka ("Malka"), the sole director of UGP IV, may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 13.6 million shares of Class A common stock reported to be outstanding as of June 30, 2025, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2025. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock. RT-E Ribbit Opportunity IV, LLC b DE 235824.00 0.00 235824.00 0.00 235824.00 N 1.7 OO Represents shares of Class B common stock directly owned by RT-E Ribbit Opportunity IV, LLC ("RT-E"). Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. GP IV, the managing member of RT-E, UGP IV, the general partner of GP IV, and Malka, the sole director of UGP IV, may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 13.6 million shares of Class A common stock reported to be outstanding as of June 30, 2025, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2025. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock. Ribbit Capital GP IV, L.P. b E9 1232607.00 0.00 1232607.00 0.00 1232607.00 N 8.7 PN 503,800 shares of Class A common stock and 492,983 shares of Class B common stock are directly owned by Fund IV for itself and as nominee for FF IV and 235,824 shares of Class B common stock are directly owned by RT-E. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. GP IV, the general partner of Fund IV and FF IV and the managing member of RT-E, UGP IV, the general partner of GP IV and Malka, the sole director of UGP IV, may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 13.6 million shares of Class A common stock reported to be outstanding as of June 30, 2025, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2025. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock. Ribbit Capital GP IV, Ltd. b E9 1232607.00 0.00 1232607.00 0.00 1232607.00 N 8.7 OO 503,800 shares of Class A common stock and 492,983 shares of Class B common stock are directly owned by Fund IV for itself and as nominee for FF IV and 235,824 shares of Class B common stock are directly owned by RT-E. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. UGP IV is the general partner of GP IV, which is the general partner of Fund IV and FF IV and the managing member of RT-E, and Malka, the sole director of UGP IV, may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 13.6 million shares of Class A common stock reported to be outstanding as of June 30, 2025, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2025. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock. Bullfrog Capital, L.P. b E9 0.00 0.00 0.00 0.00 0.00 N 0.0 PN Bullfrog Capital GP, L.P. b E9 0.00 0.00 0.00 0.00 0.00 N 0.0 PN Bullfrog Capital GP, Ltd. b E9 0.00 0.00 0.00 0.00 0.00 N 0.0 OO Meyer Malka b X1 1232607.00 0.00 1232607.00 0.00 1232607.00 N 8.7 IN 503,800 shares of Class A common stock and 492,983 shares of Class B common stock are directly owned by Fund IV for itself and as nominee for FF IV and 235,824 shares of Class B common stock are directly owned by RT-E. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Malka is the sole director of UGP IV, which is the general partner of GP IV, which is the general partner of Fund IV and FF IV and the managing member of RT-E and may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 13.6 million shares of Class A common stock reported to be outstanding as of June 30, 2025, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2025. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock. Root, Inc. 80 E. Rich Street, Suite 500 Columbus, OH, 43215 This Schedule 13G is filed by Ribbit Capital IV, L.P., a Cayman Islands exempted limited partnership ("Fund IV"), RT-E Ribbit Opportunity IV, LLC, a Delaware limited liability company ("RT-E"), Ribbit Capital GP IV, L.P., a Cayman Islands exempted limited partnership ("GP IV"), Ribbit Capital GP IV, Ltd., a Cayman Islands limited company ("UGP IV"), Bullfrog Capital, L.P., a Cayman Islands exempted limited partnership ("BF Fund"), Bullfrog Capital GP, L.P., a Cayman Islands exempted limited partnership ("BF GP"), Bullfrog Capital GP, Ltd., a Cayman Islands limited company ("BF UGP") and Meyer Malka ("Malka"). The foregoing entities and individuals are collectively referred to as the "Reporting Persons." The address for each of the Reporting Persons is: c/o Ribbit Capital Management 364 University Avenue Palo Alto, California 94301 The citizenship or place of organization of each of the Reporting Persons is set forth on such Reporting Person's cover page. Y See Row 9 of cover page for each Reporting Person. See Row 11 of cover page for each Reporting Person. See Row 5 of cover page for each Reporting Person. See Row 6 of cover page for each Reporting Person. See Row 7 of cover page for each Reporting Person. See Row 8 of cover page for each Reporting Person. Y N Ribbit Founder Fund IV, L.P. ("FF IV") and Bullfrog Founder Fund, L.P. ("BF FF") have ownership interests in the shares held directly by Fund IV and BF Fund, respectively, but do not own shares of Common Stock directly and do not have voting or dispositive power over the shares of Common Stock held directly by Fund IV or BF Fund. Under certain circumstances, set forth in the limited partnership agreements of Fund IV, FF IV, GP IV, BF Fund, BF FF and BF GP, the limited liability company agreement of RT-E and the memorandum and articles of association of UGP IV and BF UGP, the general and limited partners, members or directors, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer directly or indirectly owned by each such entity of which they are a general partner, limited partner, member or director. Y Y Y Y Ribbit Capital IV, L.P. /s/ Meyer Malka 08/14/2025 RT-E Ribbit Opportunity IV, LLC /s/ Meyer Malka 08/14/2025 Ribbit Capital GP IV, L.P. /s/ Meyer Malka 08/14/2025 Ribbit Capital GP IV, Ltd. /s/ Meyer Malka 08/14/2025 Bullfrog Capital, L.P. /s/ Meyer Malka 08/14/2025 Bullfrog Capital GP, L.P. /s/ Meyer Malka 08/14/2025 Bullfrog Capital GP, Ltd. /s/ Meyer Malka 08/14/2025 Meyer Malka /s/ Meyer Malka 08/14/2025