Delisting Announcement – Alturas Re Ltd.

Hamilton, Bermuda: 10 March 2023- In a filing with the Bermuda Stock Exchange, Alturas Re Ltd. (the “Company”) has advised the Bermuda Stock Exchange (the Exchange) of the maturity and redemption of the Company’s below listed Participating Notes due 10 March 2023:

·         Alturas Re Ltd US$41,945,000 Series 2020-1(I) Class B Participating Notes due 10 March 2023

·         Alturas Re Ltd US$5,305,000 Series 2020-1(I) Class A Participating Notes due 10 March 2023

·         Alturas Re Ltd US$55,000,000 Series 2019-1 Class A Participating Notes due March 10, 2023

·         Alturas Re Ltd US$64,141,000 Series 2020-2(R) Class A Participating Notes due 10 March 2023

·         Alturas Re Ltd US$75,000,000 Series 2019-2 Class A Participating Notes due March 10, 2023

The Exchange has therefore de-listed the Notes pursuant to the provisions of the BSX Listing Regulations, Section I, Chapter 2, Regulation 2.33.  The de-listing from the Exchange is effective today 10 March 2023.

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