Management Change/Compensation – Form 8-K

As previously reported in the Current Report on Form 8-Kfiled on January 3, 2024, former President of Insurance Operations of Global Indemnity Group, LLC ("GBLI"), Jonathan E. Oltman, departed from GBLI effective as of December 31, 2023 (the "Separation Date"). On January 17, 2024, GBLI and Mr. Oltman entered into a Separation Agreement (the "Separation Agreement"). Among other provisions, the Separation Agreement provides, subject to the terms and conditions set forth therein, for severance payments of $487,500 in the aggregate over a 9-monthperiod following the Separation Date. The Separation Agreement modifies Mr. Oltman's existing covenants not to (i) solicit or hire GBLI's employees or business and (ii) compete with GBLI. The covenant not to solicit or hire GBLI's employees or business has been modified to run for a period of 18 months. The covenant not to compete with GBLI has been eliminated. Additionally, Mr. Oltman will remain subject to perpetual confidentiality obligations, and Mr. Oltman and GBLI will remain subject to perpetual non-disparagementprovisions.

The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which is attached hereto as Exhibit 10.1, which is incorporated herein by reference.

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Global Indemnity Group LLC published this content on 19 January 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2024 21:16:48 UTC.