Everest Insurance® Division Names Charlie Higham Head of Everest Underwriting Partners

Succeeds Brian Drum who will retire in September

WARREN, New Jersey - August 25, 2023 -Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, has appointed Charlie Higham Senior Vice President and Head of Everest Underwriting Partners. He succeeds Brian Drum who will retire from Everest on September 1, 2023, after 16 years with the company.

Mr. Higham will lead all program administrator and digital distribution partnerships to support the growth and expansion of the Company's highly diversified, high growth portfolio.

"Everest is fortunate to have the caliber of underwriting talent like Charlie who is well suited to lead one of our most profitable portfolios," said Mike Mulray President, Everest Insurance North America. "Charlie's portfolio management expertise combined with a deep understanding and appreciation for our distribution relationships brings a unique perspective to this important business line and the partners we serve."

Mr. Higham is a seasoned underwriting leader with 20 years of specialty insurance experience. He most recently served as Everest's Head of Financial and Professional Lines where he led the strategy and built a dedicated financial lines team from the ground up.Prior to Everest, Mr. Higham ran the financial institutions group at Zurich North America. Earlier in his career, he held underwriting and management positions in the international and financial institution departments at both Arch Insurance Group and The Hartford. Mr. Higham holds a Bachelor of Science degree in Finance from the University of Dayton.

"In addition to congratulating Charlie, we also want to thank Brian for the significant impact he made on our business and wish him all the best in his retirement," continued Mulray. "His underwriting discipline, professionalism and integrity has set an extremely high bar we will proudly carry forward working alongside Charlie and his team."

About Everest

Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.

Everest common stock (NYSE: EG) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at www.everestglobal.com.