Company: GLRE
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001385613-25-000055
Chunk: 4

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 4
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 Open Market Reinsurance Underwriting                                                                       |     | Innovations Underwriting & Investments                                                            |     |                                             |     | Value Orientated Investment Strategy                                                                                   |
| Primarily follow business with line determined by expertise and market intelligence                        |     | Leverage investment to provide optionality to participate in (re)insurance business opportunities |     |                                             |     | Designed to achieve higher rates of return over the long term than more traditional fixed income investment strategies |
| Small scale allows consistent review of all risks and dynamic allocation of capacity to best opportunities |     | Benefit from potential capital appreciation on early stage investments                            |     |                                             |     | Low correlation to underwriting                                                                                        |
|                                                                                                            |     |                                                                                                   |     | Long-short strategy reduces market exposure |     |                                                                                                                        |
| Focus on short- and medium-tail risks where we can compete on similar terms with larger peers              |     | For each investment, we aim to have a high level of influence and option on future business       |     |                                             |     | Liquid portfolio                                                                                                       |

2025 PROXY STATEMENT 3

GREENLIGHT RE

#### 2024 Financial Highlights
The Company’s financial highlights for 2024 include net income of $42.8 million and gross written premium of $698.3 million representing a 9.7% increase in gross written premium compared to 2023. The Company also returned value to shareholders through repurchase of 547,402 common shares for $7.5 million. While the Company’s overall combined ratio of 101.4% in 2024 was negatively impacted due to such events as the Francis Scott Key Bridge collapse in Baltimore and Hurricanes Milton and Helene, the Company nonetheless achieved growth in diluted book value per share of 7.2% for the year.

#### Over the past five years,

#### Total Shareholders’ Equity
has steadily increased each year as follows:

<div align='center'>(Dollars in Millions)</div>

The foregoing growth in shareholders’ equity over the past five years demonstrate the strength of our go-forward strategy and dedication and hard work of our employees. 1 We continue to prioritize long-term growth in diluted book value per share as a primary financial metric in measuring our Company’s performance, and believe our current strategy positions us for success under this metric. Strategic priorities for the Company going forward include efficient capital allocation and capital management, underwriting excellence, and managed growth of our Innovations unit. We are also proud that in October 2024, rating agency AM Best