Chief Legal Officer Lawrence Metz resigns, gets $1.1M separation paid through May 2028

Kestrel Group Ltd

Lawrence Metz resigned as Chief Legal Officer effective June 30, 2025, to pursue other opportunities.
Separation includes $1.1M cash paid in equal biweekly installments from Separation Date through May 1, 2028.
All of Metz's outstanding and unvested restricted shares canceled and forfeited for no consideration.
Non-compete partially waived; continues only for AmTrust Financial Services and related entities until June 30, 2026.
Metz retains D&O liability coverage substantially similar to coverage on June 1, 2025, for up to six years.

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