ACGL: Leadership change · Company disclosure

ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Arch Capital Group Ltd. (“Arch” or the “Company”) announced today that David Gansberg is stepping down from his role as a President of Arch effective immediately and will be departing the Company following a distinguished tenure, having played an important role in building the organization to its current position. In his role, Mr. Gansberg oversaw Arch’s Global Insurance Group. Mr. Gansberg will be entitled to receive the benefits under Section 5.02 and 5.04 of his employment agreement dated as of March 1, 2019, as amended, and under his equity-based compensation awards under the applicable equity award agreements, subject to compliance with the terms and conditions thereof. In connection with Mr. Gansberg’s departure, the Company also announced the expansion of Maamoun Rajeh’s role as President. Mr. Rajeh, who currently oversees Arch’s Reinsurance and Mortgage segments, will also take on responsibility for Arch’s Insurance segment as the Company moves forward under a single President model. Mr. Rajeh will continue to report to the Chief Executive Officer, Nicolas Papadopoulo. The terms of Mr. Rajeh’s employment agreement, dated as of September 19, 2017, as amended, with Arch remain unchanged. No new equity-based compensation awards were granted to Mr. Rajeh in connection with his expanded role. Mr. Rajeh, 55, has served as President since November 2024. Previously, Mr. Rajeh spent seven years as Chairman and Chief Executive Officer of Arch’s Global Reinsurance Group. Mr. Rajeh joined Arch Re Bermuda in 2001 as an underwriter and has held senior leadership roles throughout his tenure. Other than transactions previou