Company: KG
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001104659-25-028251
Chunk: 105

Company: Kestrel Group Ltd
Filing Date: 2025-03-26
Form: 424B3
Chunk 105
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 approve the first merger approval bye-law resolution.

#### First merger resolution
: Approving the first merger resolution requires (i) if the first merger approval bye-law proposal is approved, the affirmative vote (in person or by proxy) of a majority of the votes cast “For” or “Against” the proposal and (ii) if the first merger approval bye-law proposal is not approved, the affirmative vote (in person or by proxy) of three-fourths 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 the vote to approve the first merger resolution .

#### Adjournment proposal
: Approving the adjournment 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 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 adjournment proposal.

#### Bermuda NewCo equity plan proposal
**: Approving the Bermuda NewCo equity plan 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 Bermuda NewCo equity plan proposal.

Advisory vote on merger-related compensation proposal : In accordance with Section 14A of the Exchange Act, Maiden is providing shareholders with the opportunity 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, as further described in the section of this proxy statement/prospectus