Management Change/Compensation Form 8 K

On and effective October 30, 2024, upon the recommendation of its Governance and Nominating Committee, the board of directors (the "Board") of SiriusPoint Ltd. (the "Company") appointed Meng Tee Saw to fill a vacancy on the Board, to serve as a Class I director until the Company's 2026 annual general meeting of shareholders and until his successor has been duly elected and qualified, or until his earlier death, resignation or removal. Additionally, on and effective October 30, 2024, upon the Governance and Nominating Committee's recommendation, the Board appointed Mr. Saw as a member of the Risk and Capital Management Committee of the Board.

Mr. Saw currently serves as the managing partner of EisnerAmper PAC, the Singapore member of Eisner Amper Global, a leading professional firm providing financial services, corporate solutions and advisory, since December 2017, and as a director on the board of directors of EisnerAmper Global Limited, since November 2017. He also serves on the board of directors of several companies in Singapore, including EA Consulting Pte. Ltd. since August 2019, Food Empire Holdings Limited since April 2019, Latitude 33 Pte. Ltd. since April 2003, LCM Pte. Ltd. since November 2021, LHC Pte. Ltd. since November 2021, MKC Holdings (Pte.) Ltd. since November 2021 and Nouveau Urban Technologies Pte. Ltd. since July 2011. In addition, Mr. Saw serves as a director on the board of Custom Foods SDN BHD, a Malaysian company. Mr. Saw received a bachelor degree in accountancy from Nanyang Technological University. Mr. Saw is 53 years old. The Board considered Mr. Saw's extensive experience in the accounting industry and as an executive and a board member to multiple companies when concluding that Mr. Saw is qualified to serve as a director.

Mr. Saw will not receive any compensation as a member of the Board. Pursuant to Mr. Saw's director service agreement, Mr. Saw will immediately submit his resignation as a member of the Board if: (1) the Common Shares, $0.10 par value, of the Company ("Common Shares") held by CM Bermuda Ltd. ("CM Bermuda") are sold, assigned or transferred in their entirety; or (2) Mr. Saw is no longer CM Bermuda's designated board representative.

The Company has also entered into an indemnification agreement with Mr. Saw in the same form as its standard form of indemnity agreement with its other directors.

Mr. Saw was designated by CMIG International and CM Bermuda (collectively, "CM") as their representative to serve on the Board pursuant to that certain Investor Rights Agreement, between the Company and CM Bermuda, dated February 26, 2021 (the "IRA"), and so long as Mr. Saw continues to serve as CM's representative on the Board the standstill provision under the IRA will remain in place. Mr. Saw has no family relationship with the Company's directors or executive officers or any persons nominated or chosen by the Company to be a director or executive officer. Other than the director services agreement and the indemnification agreement, Mr. Saw has not entered into any other material plan, contract, arrangement or amendment in connection with his appointment to the Board.