Company: KG
Filing Date: 2025-03-24
Form Type: S-4/A
Source: 0001104659-25-027242
Chunk: 623

Company: Kestrel Group Ltd
Filing Date: 2025-03-24
Form: S-4/A
Chunk 623
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 or any of its officers or directors. In addition, Bermuda NewCo will enter into indemnification agreements with its directors and officers. ITEM 21. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES (a) The following exhibits are filed herewith or incorporated herein by reference:

| Exhibit No. 
 2.1         
 2.2         | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ | Description                                                                                                                                                                                                               
 Combination Agreement, dated as of December 29, 2024, by and among Maiden, Kestrel, Bermuda NewCo, Merger Sub I, Merger Sub II, US NewCo and the Kestrel equityholders (filed as Annex A hereto)†                         
 Letter Agreement, amending the Combination Agreement, dated February 17, 2025, by and among Maiden, Kestrel, Bermuda NewCo, Merger Sub I, Merger Sub II, US NewCo and the Kestrel equityholders (filed as Annex A hereto) | ​ 
 ​ 
 ​ |
|:------------|:--|:--|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:--|
| 2.3         | ​ | ​ | Letter Agreement, amending the Combination Agreement, dated March 24, 2025, by and among Maiden, Kestrel, Bermuda NewCo, Merger Sub I, Merger Sub II, US NewCo and the Kestrel equityholders (filed as Annex A hereto)    | ​ |
| 3.1*        | ​ | ​ | Form of Statutory Merger Agreement                                                                                                                                                                                        | ​ |
| 3.2**       | ​ | ​ | Memorandum of Association of Bermuda NewCo                                                                                                                                                                                | ​ |
| 3.3*        | ​ | ​ | Bye-Laws of Bermuda NewCo                                                                                                                                                                                                 | ​ |
| 4.1         | ​ | ​ | Form of Registration and Investor Rights Agreement — Ledbetter (filed as Annex B-1 hereto)                                                                                                                                | ​ |
| 4.2         | ​ | ​ | Form of Registration and Investor Rights Agreement — Amtrust (filed as Annex B-2 hereto)                                                                                                                                  | ​ |
| 5.1**       | ​ | ​ | Form of Opinion of Appleby (Bermuda) Limited regarding legality of securities being registered                                                                                                                            | ​ |
| 10.1        | ​ | ​ | Form