Circular to all members At the Annual General Meeting of Skuld Mutual Protection and Indemnity Association (Bermuda) Limited ("the Bermuda Association") held at Skuld’s offices in Hamilton, Bermuda and as video conference on 23 June 2022, members and clients received reports on matters of importance to the Bermuda Association’s business and annual elections were held. Financial Year 2022 The financial reports for the Bermuda Association for the year ending 20 February 2022 were approved by the Annual General Meeting. Elections Elected members of the Board of Directors of the Bermuda Association: Elected for a one-year period until 2023: • Eivind Eidesvik Re-elected for a two-year period until 2024: • Erik Hånell • Terje Hj Michelsen • Gerard Patronis • Uta Urbaniak-Sage Re-elected for a one-year period until 2023: • Bernt O. Bodal The following are not up for election until 2023: • Klaus Kjærulff • Catherine Cheung • Martin Larsen • Trygve Seglem • Ann-Marie Åström The Annual General Meeting of the Bermuda Association noted the resignation of Mr Alexey Ostapenko and thanked him for the efforts and dedication. The Annual General Meeting re-elected Mr Klaus Kjærulff as Chairman of the Board for a period of one year until 2023. Further, the Annual General Meeting re-elected Mr Martin Larsen and Mr Terje Hj Michelsen as Vice-Chairmen of the Board for a period of one year until 2023. After the elections, the Board of Directors of Skuld Mutual Protection and Indemnity Association (Bermuda) Limited comprises: • Klaus Kjærulff, Chairman • Martin Larsen, Vice Chairman • Terje Hj Michelsen, Vice Chairman • Bernt O. Bodal • Catherine Cheung • Eivind Eidesvik • Erik Hånell • Gerard Patronis • Trygve Seglem • Uta Urbaniak-Sage • Ann-Marie Åström Yours faithfully, Ståle Hansen President and CEO Assuranceforeningen Skuld (Gjensidig)