LANCASHIRE HOLDINGS LIMITED

1 May 2025

Hamilton, Bermuda

Senior Independent Director Appointment

In accordance with UK Listing Rule 6.4.6, Lancashire Holdings Limited (the "Company") announces that Irene McDermott Brown has been appointed Senior Independent Director with effect from 30 April 2025 replacing Robert Lusardi, who has served as Senior Independent Director since 3 November 2022.

Irene has been an independent Non-Executive Director since 28 April 2021.  She is the Chair of the Remuneration Committee and is also a member of the Nomination Corporate Governance and Sustainability Committee.

The Company further announces that Bryan Joseph has been appointed as a member of the Nomination Corporate Governance and Sustainability Committee with effect from 30 April 2025.

Robert Lusardi and Michael Dawson have stepped down as Non-Executive Directors of the Company following the conclusion of the Company's 2025 Annual General Meeting.

For further information, please contact:

About Lancashire

Lancashire, through its operating subsidiaries, is a provider of global specialty insurance and reinsurance products.

Lancashire's common shares trade in the equity shares (commercial companies) category of the Main Market of the London Stock Exchange under the ticker symbol LRE. Lancashire has its head office and registered office at Power House, 7 Par-la-Ville Road, Hamilton HM 11, Bermuda.

The Bermuda Monetary Authority is the Group Supervisor of the Lancashire Group.

For more information, please visit Lancashire's website at www.lancashiregroup.com.

This release contains information which may be of a price sensitive nature that Lancashire is making public in a manner consistent with the UK Market Abuse Regulation and other regulatory obligations. The information was submitted for publication, through the agency of the contact persons set out above, at 07:30 BST on 1 May 2025.

NOTE REGARDING FORWARD-LOOKING STATEMENTS:

ALL FORWARD-LOOKING STATEMENTS IN THIS ANNOUNCEMENT OR OTHERWISE SPEAK ONLY AS AT THE DATE OF PUBLICATION. LANCASHIRE EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING (SAVE AS REQUIRED TO COMPLY WITH ANY LEGAL OR REGULATORY OBLIGATIONS INCLUDING THE RULES OF THE LONDON STOCK EXCHANGE) TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENT TO REFLECT ANY CHANGES IN THE GROUP'S EXPECTATIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENT IS BASED. ALL SUBSEQUENT WRITTEN AND ORAL FORWARD-LOOKING STATEMENTS ATTRIBUTABLE TO THE GROUP OR INDIVIDUALS ACTING ON BEHALF OF THE GROUP ARE EXPRESSLY QUALIFIED IN THEIR ENTIRETY BY THIS NOTE.