0001104659-25-054992 Sample Contracts

REGISTRATION AND INVESTOR RIGHTS AGREEMENT by and between KESTREL GROUP LTD and AmTrust Financial Services, Inc. Dated as of May 27, 2025
Registration and Investor Rights Agreement • May 30th, 2025 • Kestrel Group LTD • Fire, marine & casualty insurance • Delaware
INDEMNIFICATION AGREEMENT
Indemnification Agreement • May 30th, 2025 • Kestrel Group LTD • Fire, marine & casualty insurance • Delaware

This Agreement, made and entered into as of May 27, 2025 (this “Agreement”), among and between Kestrel Group Ltd, a Bermuda exempted company limited by shares (the “Company”), and the individual listed on the signature page hereof (the “Indemnitee”).

FOURTH SUPPLEMENTAL INDENTURE Dated as of May 27, 2025 among MAIDEN HOLDINGS NORTH AMERICA, LTD., as Issuer KESTREL GROUP LTD, as Guarantor and WILMINGTON TRUST COMPANY, as Trustee (Supplement to the Indenture, dated as of June 24, 2011, among MAIDEN...
Fourth Supplemental Indenture • May 30th, 2025 • Kestrel Group LTD • Fire, marine & casualty insurance

This Fourth Supplemental Indenture (this “Supplemental Indenture”), dated as of May 27, 2025, by and among Maiden Holdings North America, Ltd., a Delaware corporation (the “Company”), Kestrel Group Ltd (formerly, Ranger Bermuda Topco Ltd), a Bermuda exempted company limited by shares (the “Parent Guarantor”), and Wilmington Trust Company, as trustee (the “Trustee”), supplements the Indenture referred to below.

SUPPLEMENTAL INDENTURE Dated as of May 27, 2025 among MAIDEN HOLDINGS, LTD., as Issuer KESTREL GROUP LTD, as Guarantor and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Trustee (Supplement to the Indenture, dated as of June 14, 2016, between MAIDEN...
Supplemental Indenture • May 30th, 2025 • Kestrel Group LTD • Fire, marine & casualty insurance

This Supplemental Indenture (this “Supplemental Indenture”), dated as of May 27, 2025, by and among Maiden Holdings, Ltd., a Bermuda exempted company limited by shares (the “Company”), Kestrel Group Ltd (formerly, Ranger Bermuda Topco Ltd), a Bermuda exempted company limited by shares (the “Guarantor”), and Wilmington Trust, National Association, as trustee (the “Trustee”), supplements that certain indenture, dated June 14, 2016 (the “Base Indenture”), as supplemented by the First Supplemental Indenture, dated as of June 14, 2016 (the “First Supplemental Indenture” and together with the Base Indenture and this Supplemental Indenture, the “Indenture”), in each case by and between the Company and the Trustee.