Mount Logan enters staffing/resource agreement with BC Partners; quarterly fee based on AUM

Mount Logan Capital Inc.

Agreement dated Nov 18, 2025; BCPA provides personnel and resources to support MLC's investment advisory operations.
Quarterly service fee based on fee-earning AUM at rates set in omitted Exhibit A-1; equity compensation possible.
Initial one-year term with automatic renewal; either party may terminate on 60 days' notice or immediately for cause.
Prior staffing agreement between MLM and BCPA terminated effective Nov 18, 2025.
BCPA holds minority equity in MLC; senior management teams substantially overlap, creating related-party structure.

item 1.01 item 9.01

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ticker: MLCI
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filed_at: 2025-11-19T23:59:59+00:00
discovered_at: 2026-05-14T18:02:41.474967+00:00
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