Company: KG
Filing Date: 2025-03-24
Form Type: S-4/A
Source: 0001104659-25-027242
Chunk: 31

Company: Kestrel Group Ltd
Filing Date: 2025-03-24
Form: S-4/A
Chunk 31
---
 issued to them at the closing.

#### Maiden Special Meeting (Page66)
Date, Time and Location

A Maiden special meeting will be held at Rosewood Bermuda, 60 Tucker’s Point Drive, Hamilton Parish HS 02, Bermuda at 3:00 p.m., Atlantic Standard Time, on , 2025, unless the Maiden special meeting is adjourned or postponed.

Purpose of the Maiden Special Meeting

At the Maiden special meeting, Maiden shareholders will be asked to consider and vote upon the following matters:

•

to approve the voting cutback proposal, being the amendment of Bye-Law 1.1. and Bye-Law 33 of the Maiden bye-laws to remove the 9.5% voting limitation contained therein;

•

to approve the first merger approval bye-law proposal, being the amendment of the Maiden bye-laws to require that the first merger resolution shall be approved by a simple majority of votes cast at the Maiden special meeting;

•

to approve the first merger resolution, being the resolution to approve the Statutory Merger Agreement and the merger of Merger Sub I with and into Maiden, with Maiden surviving as a direct wholly owned subsidiary of US NewCo and an indirect wholly owned subsidiary of Bermuda NewCo, pursuant to and in accordance with the terms of the combination agreement and the Statutory Merger Agreement;

•

to approve the adjournment proposal, being the proposal to authorize the adjournment of the special meeting by Maiden to permit further solicitation of proxies if a quorum is present and sufficient votes are not represented at the special meeting to approve the first merger resolution or to ensure that any supplement or amendment to the proxy statement/prospectus is timely provided to Maiden shareholders;

•

to approve the Bermuda NewCo equity plan proposal, being the proposal to approve the equity incentive plan for service providers of Bermuda NewCo and its subsidiaries; and

•

to approve the advisory vote on merger-related compensation proposal, being the proposal to approve, by a non-binding, advisory vote, the compensation that may be paid or become payable to Maiden’s named executive officers in connection with the mergers.

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TABLE OF CONTENTS

Record Date; Shares Entitled to Vote

Only holders of record of Maiden shares at the close of business on the record date (March 18, 2025) will be entitled to vote shares held at that date at the Maiden special meeting or any adjournments or postponements thereof. Each outstanding Maiden share entitles its holder to cast one vote.

As