Kestrel Group (KG) Proxy filing summary

Executive summary

• Supplement corrects the number of common shares outstanding as of April 15, 2026, to 8,479,673, impacting reported ownership percentages for directors, executives, and 5% shareholders.

• No changes are made to the proposals to be voted on at the June 10, 2026 Annual General Meeting.

• Shareholders who have already voted do not need to take action unless they wish to change their vote.

Voting matters and shareholder proposals

• Proposals to be acted upon at the Annual General Meeting remain unchanged from the original proxy statement.

Board of directors and corporate governance

• Revised beneficial ownership tables reflect updated share counts for directors and named executive officers.

• All executive officers and directors as a group hold 28.1% of outstanding shares as of April 15, 2026.