Company: KG
Filing Date: 2025-03-10
Form Type: S-4
Source: 0001104659-25-021993
Chunk: 267

Company: Kestrel Group Ltd
Filing Date: 2025-03-10
Form: S-4
Chunk 267
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 in respect of any merger, amalgamation, consolidation, business combination or similar transaction constituting a Business Combination to which the restrictions in Bye-law 83.1 shall apply) require the approval of a simple majority of votes cast at such meeting and the quorum for such meeting shall be that required in Bye-law 27 and a poll may be demanded in respect of such resolution in accordance with the provisions of Bye-law 30.”

#### Vote Required
Approving the first merger approval bye-law proposal requires the affirmative vote (in person or by proxy) of a majority of the votes cast “For” or “Against” the proposal. Accordingly, a Maiden shareholder’s failure to submit a proxy card or to vote in person at the Maiden special meeting, an abstention from voting, or the failure of a Maiden shareholder who holds his or her shares in “street name” through a broker or other nominee to give voting instructions to such broker or other nominee will have no effect on the outcome of any vote to approve the first merger approval bye-law resolution.

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#### Board Recommendation
**THE MAIDEN BOARD (OTHER THAN MESSRS. ZYSKIND AND NEUBERGER, WHO RECUSED THEMSELVES FROM DETERMINATIONS RELATING TO THE TRANSACTIONS CONTEMPLATED BY THE COMBINATION AGREEMENT DUE TO THEIR FINANCIAL INTEREST IN AMTRUST) UNANIMOUSLY RECOMMENDS THAT MAIDEN SHAREHOLDERS VOTE “FOR” PROPOSAL 2.**

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#### PROPOSAL 3:   FIRST MERGER RESOLUTION
Maiden shareholders are being asked to approve at the Maiden special meeting the Statutory Merger Agreement and the first merger, pursuant to and in accordance with the terms of the combination agreement and the Statutory Merger Agreement.

For a summary and detailed information regarding this proposal, see the information about the first merger throughout this proxy statement/prospectus, including the information set forth in the section entitled “ The Combination Agreement ” beginning on page 110. A copy of the combination agreement is attached as Annex A to this proxy statement/prospectus. A copy of the form of the Statutory Merger Agreement is attached as Exhibit B to the combination agreement. You are urged to read the combination agreement and Statutory Merger Agreement carefully and in their entirety.

Under the combination agreement, approval of the first merger resolution