Company: MHLA
Filing Date: 2025-03-26
Form Type: DEFM14A
Source: 0001104659-25-028254
Chunk: 261

Company: Maiden Holdings, Ltd.
Filing Date: 2025-03-26
Form: DEFM14A
Chunk 261
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 NewCo shareholders are not entitled to vote on a cumulative basis.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | ​ |
| Ability to Call Special General Meetings of Shareholders        | ​ | ​ | The president or the chairman (if any) or the Maiden board may convene a special general meeting whenever in their judgment such a meeting is necessary.                                                                                                                                                                                                                                                                                              
 The Maiden board shall, on the requisition of Maiden shareholders holding at the date of the deposit of the requisition not less than one-tenth of such of the paid-up share capital of Maiden as at the date of the deposit carries the right to vote at general meetings, forthwith proceed to convene a special general meeting.                                                                                                                   | ​ | ​ | The chief executive officer or the chairman (if any) or the Bermuda NewCo board may convene a special general meeting whenever in their judgment such a meeting is necessary.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
 The Bermuda NewCo board shall not be required to convene a special general meeting upon the requisition of Bermuda NewCo shareholders, except to the extent required by applicable law, including the Bermuda Companies Act. Under the Bermuda Companies Act, there is a statutory right that the directors of a company, notwithstanding anything in its bye-laws, shall, on the requisition of shareholders holding at the date of the deposit of the requisition not less than one-tenth of the paid-up share capital of the company carrying the right to vote at general meetings, forthwith proceed to convene a special general meeting of the company. | ​ |
| Notice Required for Shareholder Nominations and Other Proposals | ​ | ​ | Nominations:   At an annual general meeting, such notice must be given not less than 90 days nor more than 120 days before the anniversary of the last annual general meeting prior to the giving of the notice or, in the event the annual general meeting is called for a date that is not 30 days before or after such anniversary the notice must be given not later than 10 days following the earlier of the date on which notice of the annual | ​ | ​ | Subject to the registration and investor rights agreements and related bye-laws, the Bermuda NewCo bye-laws contain a substantially similar provision.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | ​ |

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TABLE OF CONTENTS

| ​      | ​ | ​ | MAIDEN                                                                                                                                                                                                                                                                                                                                                                                                                                               | ​ | ​ | BERMUDA NEWCO                                                                                                                                                                                                                                                                                                                                                                                                                                                               | ​ |
| ​      | ​ | ​ | general meeting was posted to Maiden