X0609 4 2026-03-18 0 0002055116 Kestrel Group Ltd KG 0001622558 Ledbetter Terry Lee true 11 BERMUDIANA ROAD, MAILBOXES SUITE 1141 PEMBROKE D0 HM 08 1 1 1 0 Executive Chairman 0 Common Shares 2026-03-18 4 A 0 97192 0 A 97192 D Common Shares 2026-03-18 4 A 0 48596 0 A 145788 D Common Shares 2026-03-18 4 D 0 12749 9.96 D 133039 D Common Shares 905882 I See footnote Represents shares issued pursuant to a Restricted Share Award ('RSA') that contains vesting and forfeiture restrictions. The shares vest in substantially equal installments with the first installment vested on the date of grant and the remaining installments vesting on the first two anniversaries of the date of grant. Represents shares issued pursuant to an RSA that contains vesting and forfeiture restrictions. The shares will vest in substantially equal installments on the first three anniversaries of the date of grant. Represents shares withheld by the Issuer to satisfy tax withholding obligations that arose in connection with a vesting and settlement event from a RSA. Not an open market sale of securities. Represents securities held by Terry Lee Ledbetter and Reta Laurie Ledbetter 2000 Revocable Trust, of which the reporting person is a co-trustee. /s/ Terry Lee Ledbetter 2026-03-20