Company: MHLA
Filing Date: 2025-03-26
Form Type: DEFM14A
Source: 0001104659-25-028254
Chunk: 48

Company: Maiden Holdings, Ltd.
Filing Date: 2025-03-26
Form: DEFM14A
Chunk 48
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 ​    | ​ | ​ | ​ |  1,000 | ​ | ​ |
| Class A weighted-average units outstanding, basic and diluted                                     | ​    | ​ | ​                        | ​ | 1,000 | ​ | ​    | ​ | ​ | ​ |  1,000 | ​ | ​ |

| Balance Sheet Data(in thousands of U.S. dollars) 
 ​                                                | ​    
 2024 | ​ | December 31, |   |     ​ | ​ | 2023 |   |   |   |     ​ |   | ​ |
|:-------------------------------------------------|:-----|:--|:-------------|:--|------:|:--|:-----|:--|:--|:--|------:|:--|:--|
| Cash and cash equivalents                        | ​    | ​ | ​            | $ | 4,286 | ​ | ​    | ​ | ​ | $ | 5,553 | ​ | ​ |
| Total assets                                     | ​    | ​ | ​            | ​ | 4,697 | ​ | ​    | ​ | ​ | ​ | 5,883 | ​ | ​ |
| Total liabilities                                | ​    | ​ | ​            | ​ |   905 | ​ | ​    | ​ | ​ | ​ | 2,474 | ​ | ​ |
| Total members’ equity                            | ​    | ​ | ​            | ​ | 3,792 | ​ | ​    | ​ | ​ | ​ | 3,408 | ​ | ​ |

29

TABLE OF CONTENTS

### SELECTED UNAUDITED PRO FORMA COMBINED FINANCIAL INFORMATION
The following selected unaudited pro forma condensed consolidated combined financial information is provided to aid you in your analysis of the financial aspects of the transaction. The unaudited pro forma condensed consolidated combined financial information is based on the Maiden historical consolidated financial statements and the Kestrel historical consolidated financial statements as adjusted to give effect to the transaction. The unaudited pro forma condensed consolidated combined balance sheet data gives pro forma effect to the transaction as if it had been consummated on December 31, 2024. The unaudited pro forma condensed consolidated combined statement of operations data for the year ended December 31, 2024 gives effect to the transaction as if it had been consummated on January 1, 2024.

The selected unaudited pro forma condensed consolidated combined financial