Fox Paine & Company arranged, on behalf of Global Indemnity, the
acquisitions of our predecessor companies, United National, Penn Independent, Penn America Group, Collectibles Insurance Services, and American Reliable. Fox Paine also arranged and back stopped Global Indemnitys $100 million
Rights Offering in 2009 as well as the Companys 2015 repurchase of 11.7 million Global Indemnity shares (representing 45% of the outstanding shares) for $268 million (including shares subject to repurchase options). Over his 30 year
career in private equity, Mr. Fox orchestrated numerous other acquisitions, mergers, divestitures and financing transactions, both in financial services, as well in such areas as energy, independent power generation, medical instruments, and
energy exploration and production software. Prior to founding Fox Paine & Company, Mr. Fox was a general partner of Kohlberg, Kravis & Roberts & Co. (KKR), a global alternative asset manager. During his 13
years with KKR, Mr. Fox led the highly successful acquisitions and divestitures of American Reinsurance, Canadian General Insurance (KKRs first acquisition outside of the United States), and Motel 6. Prior to joining KKR, Mr. Fox was
an attorney at Latham & Watkins LLP, specializing in tax law and mergers & acquisitions
Mr. Fox
received a B.S. degree in Communications from Temple University in 1975 (summa cum laude) and a degree from the University of Pennsylvania School of Law in 1978 (cum laude).
Joseph W. Brown, 72, has served as a director since December 2015. Until December 2017, Mr. Brown served on
the board of directors of MBIA, Inc. (NYSE: MBI) and until September 2017, Mr. Brown was the Chief Executive Officer of MBIA, Inc. He rejoined MBIA, Inc. in February 2008 as Chairman and Chief Executive Officer and served as Chairman until
May 7, 2009. He became Executive Chairman on May 6, 2004 and retired from that position on May 3, 2007. Until May 2004, he had served as Chairman and Chief Executive Officer. He originally joined MBIA, Inc. as Chief Executive Officer
in January 1999, having been a Director since 1986 and became Chairman in May 1999. Prior to joining MBIA, Inc., Mr. Brown was Chairman of the Board of Talegen Holdings, Inc. from 1992 through 1998. Prior to joining Talegen, Mr. Brown had
been with Firemans Fund Insurance Company as President and Chief Executive Officer.
David S. Charlton, 55,
has served as chief executive of our insurance operations since April 19, 2021. Mr. Charlton is a 34-year veteran property and casualty insurance industry senior executive, with particular expertise
in excess and surplus, binding authority, small business, and other specialty insurance businesses. Prior to joining the Company, Mr. Charlton served for seven years at Chubb Limited (Chubb), where he had been recruited to expand
its Westchester Specialty excess and surplus small business division. Prior to Chubb, Mr. Charlton served at Berkshire Hathaways United States Liability Insurance Company (USLI), including as executive vice president and chief
underwriting officer. Mr. Charlton began his insurance career at Philadelphia Consolidated Insurance Companies, where he created and managed the companys core professional lines casualty division. Mr. Charlton is a graduate of Babson
College, a former chairman of the Mid-Atlantic Professional Liability Underwriting Society, and a registered professional liability underwriter.
Jason B. Hurwitz, 48, has served as a director since September 2017. As a principal and advisor during his career,
Mr. Hurwitz completed 25 corporate acquisitions totaling $5 billion and served on the boards of directors of seven of these companies. Since 2004, he has been managing member of Hurwitz Capital LLC, serving as a consultant to various
insurance companies and private equity firms and as a private investor. From 2008 to 2010, Mr. Hurwitz was a managing director of Essex Equity Capital Management LLC where he identified and led investments in securities of insurance,
reinsurance, energy and retail companies which generated over $100 million of gain. Mr. Hurwitz served as a director at Fox Paine & Company, LLC from 1997 to 2003, with responsibilities spanning investment due diligence, execution
and monitoring, investor relations, and oversight of the firms accounting staff. Prior to joining Fox Paine & Company, LLC, Mr. Hurwitz was with McCown De Leeuw & Co. and James D. Wolfensohn Incorporated. He received a
B.S. in Economics (summa cum laude) from The Wharton School, University of Pennsylvania.
Bruce R. Lederman,
78, has served as a director since December 2015. Mr. Lederman is a co-founder of a number of companies, including: the 2012 co-founding of Digital PowerRadio, LLC,
a company that develops,
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