Company: KG
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001104659-25-028251
Chunk: 596

Company: Kestrel Group Ltd
Filing Date: 2025-03-26
Form: 424B3
Chunk 596
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The undersigned (the “ Selling Securityholder ”) beneficial owner of common shares, par value $[•] (the “ Common Shares ”), of Ranger Bermuda Topco Ltd (the “ Company ”) understands that the Company intends to file with the Securities and Exchange Commission (the “ SEC ”) a registration statement on Form S-1 (the “ Long-Form Registration Statement ”) or on Form S-3 or a prospectus supplement to an existing shelf registration statement (the “ Shelf Registration Statement ” and, together with the Long-Form Registration Statement, the “ Registration Statement ”) for the registration and resale under Rule 415 of the Securities Act of 1933, as amended (the “ Securities Act ”), of certain Registrable Securities in accordance with the terms of the Registration and Investor Rights Agreement, dated as of [•], 2025 (the “ Registration and Investor Rights Agreement ”), by and between the Company and AmTrust Financial Services, Inc. Each capitalized term not otherwise defined herein has the meaning given to it in the Registration and Investor Rights Agreement.

In order to sell or otherwise dispose of any Registrable Securities pursuant to the Registration Statement, the Selling Securityholder must be named as a selling securityholder in the related prospectus and deliver a prospectus to the purchasers of Registrable Securities. To facilitate naming of the Selling Securityholder as a selling securityholder in the Registration Statement, the Selling Securityholder must complete, execute, acknowledge and deliver this Notice, Agreement and Questionnaire prior to filing of the prospectus supplement to the Registration Statement.

Certain legal consequences arise from being named as a Selling Securityholder in the Registration Statement and the related prospectus. Accordingly, the Selling Securityholder is advised to consult its own legal counsel regarding the consequences of being named or not being named as a Selling Securityholder in the Registration Statement and the related prospectus.

(a) The Selling Securityholder hereby gives notice to the Company of its intention to sell or otherwise dispose of Registrable Securities beneficially owned by it and listed below in Item 3(b) pursuant to the Registration Statement. The Selling Securityholder, by signing and returning this Notice, Agreement and Questionnaire, understands that it shall be bound by the terms and conditions of this Notice, Agreement and Questionnaire.

(b) The Selling Securityholder hereby provides the following information to the Company and represents and warrants that such information is accurate and complete:

#### Questionnaire
1.

(a) Full Legal Name of Selling Securityholder:

(b)

Full Legal Name of Registered Holder (if