Company: MHLA
Filing Date: 2025-03-20
Form Type: 10-K/A
Source: 0001412100-25-000020
Chunk: 22

Company: Maiden Holdings, Ltd.
Filing Date: 2025-03-20
Form: 10-K/A
Chunk 22
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 These restricted shares were granted on March 17, 2023 and may be earned by the named executive starting at the conclusion of fiscal 2024 in the sole discretion of the Compensation Committee, upon the achievement of (i) total shareholder return of 10% or more, (ii) alternative investment portfolio return of 10% or more, and (iii) GAAP book value of at least $4.50 per share as established in the Company’s year-end audited financial statements.

7. These restricted shares were granted on March 7, 2024 and may be earned by the named executive starting at the conclusion of fiscal 2024 in the sole discretion of the Compensation Committee, upon the achievement of certain financial metrics as established in the Company’s year-end audited consolidated financial statements, which final valuation will be determined at the end of fiscal 2027.

8. These restricted shares were granted on March 22, 2024 and vest in full on March 31, 2026.

9. These restricted shares were granted on March 17, 2023 and vest in full on March 31, 2025.

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### POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE-IN-CONTROL
We do not maintain change in control agreements with any of our named executive officers and none of our equity awards vest upon a change in control of the Company. We do not provide for severance benefits for any of our named executive officers.

### PAY VERSUS PERFORMANCE COMPARISON
The following table sets forth the additional compensation information, calculated in accordance with SEC regulations on pay for performance for our named executive officers as of December 31, 2024:

| (a)  | Fiscal Year(1) | (b) | Summary Compensation Table Total for PEO Mr. Haveron(2) |     | (c) | Compensation Actually Paid to PEO        Mr. Haveron(3) |     | (b) | Summary Compensation Table Total for Non-PEO NEO Mr. Metz(2)(5) |     | (c) | Compensation Actually Paid to Non-PEO NEO Mr. Metz(3)(5) |     | (d) | Summary Compensation Table for Non-PEO NEO Mr. Jarman(2)(5) |     | (e) | Compensation Actually Paid to Non-PEO NEO Mr. Jarman(3)(5) |     | (f) | Value of