First American's Title Order Transactions by Month for U.S. Direct Title Operations
The attached title order information is prepared based on the company’s production reporting system that tracks
opened and closed title insurance order counts for First American’s U.S. direct title insurance operations only,
which disproportionately reflect title order activity in the western U.S. This data does not include transaction
activity from First American’s agents.
The attached workbook includes the company’s monthly opened and closed title order counts on a per day basis. The
data tables include breakdowns for purchase, refinance, commercial, and default and other business classifications
consistent with the supplemental direct title insurance order information table included in the quarterly earnings
release. Business days are also provided to support calculation of total order counts for a given period.
October Title Orders
PLEASE NOTE WITH THIS OCTOBER 2025 TITLE ORDER COUNT TABLE, THE COMPANY HAS REVISED REFINANCE ORDER COUNTS AND CORRESPONDING TOTAL ORDER COUNTS FOR ALL PERIODS PRIOR TO THE THIRD QUARTER OF 2025, AND ALL YEAR OVER YEAR METRICS, DUE TO CERTAIN HOME EQUITY ORDERS THAT WERE PREVIOUSLY EXCLUDED.
THESE REVISED ORDER COUNTS WOULD IMPACT AVERAGE REVENUE PER ORDER ("ARPO") PREVIOUSLY REPORTED IN EARNINGS RELEASES FOR PERIODS PRIOR TO THE THIRD QUARTER OF 2025. THERE IS NO CHANGE TO REPORTED REVENUES.
PLEASE NOTE ALL NUMBERS ARE APPROXIMATE AND REPORTING METHODOLOGY MAY BE ADJUSTED FROM TIME-TO-TIME. THOUGH
PREVIOUSLY REPORTED DATA MAY BE ADJUSTED PERIODICALLY, FIRST AMERICAN DOES NOT UNDERTAKE TO UPDATE DATA AFTER
THE DATE ON WHICH THEY ARE GIVEN. INVESTORS ARE ENCOURAGED TO USE THIS INFORMATION WITH CAUTION.