Cannae Holdings, Inc. Announces Increase in Share Repurchase Authorization, Expanding its Commitment to Returning Capital to Shareholders

~ Cannae Increases Share Buyback Authorization to 14.9 Million Shares ~

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors has authorized a new stock repurchase program, effective March 6, 2026, under which the Company may repurchase up to 10 million shares of its common stock, in addition to the 4.9 million shares remaining under Cannae’s prior authorizations, for an aggregate share buyback authorization of 14.9 million shares. The Company has 46.4 million shares outstanding.

The Board continues to be unsatisfied with Cannae’s current share price and believes that it does not reflect the intrinsic value of the Company’s assets or the long-term potential of the platform. Based on feedback from shareholders, the Board is expanding its commitment to capital returns and increasing its share repurchase authorization to provide management with more flexibility to buy back shares in the short term and as the Company generates liquidity through the sale of non-core assets. The increased authorization demonstrates Cannae’s focus on maximizing shareholder value and taking action to increase Cannae’s share price.

Buybacks may be made from time to time in the open market at prevailing prices and in privately negotiated transactions. The repurchase program does not obligate the Company to acquire any specific number of shares over any particular time period and may be suspended or terminated at any time.

About Cannae Holdings, Inc.

We primarily acquire interests in operating companies and are actively engaged in managing and operating a core group of those companies. We believe that our long-term ownership and active involvement in the management and operations of companies helps maximize the value of those businesses for our shareholders. We are a long-term owner that secures control and governance rights of other companies primarily to engage in their lines of business, and we have no preset time constraints dictating when we sell or dispose of our businesses. For more information, see cannaeholdings.com.

Forward-Looking Statements and Risk Factors

This communication includes forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are not historical facts, but instead represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside of our control. Forward-looking statements include statements about our business, strategic plans, future performance, return of capital, and the impact of our actions on shareholder value, and commitments outlined in this communication or elsewhere. These statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” and similar references to future periods, or by the inclusion of forecasts or projections. We caution readers not to place undue reliance on forward-looking statements. We expect that certain disclosures made in this communication may be updated or revised in the future as the quality and completeness of our data and methodologies continue to improve. Important factors that could cause actual results to differ materially from expectations are described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the SEC. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors, except where we are expressly required to do so by law.