Maiden completes conversion of all series A, C, D preference shares into common shares

Maiden Holdings, Ltd.

Conversion completed on December 27, 2022; each preference share exchanged for 3 common shares.
Exchange price based on lower of closing price on Dec 27 or 5-day average closing price before that date.
Preference shares delisted from NYSE, deregistered under Exchange Act; no preference shares remain outstanding.
Common shares continue trading on Nasdaq under MHLD; rights of former preference holders terminated.
Shares held in book-entry via DTC; transfer agent is American Stock Transfer & Trust Company.

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