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Maiden Holdings Ltd, 8.25% Non-Cumulative Preference Shares Series A

Dividend Suspended

Company forced conversion to common shares–12/2022

Ticker: MH-A

Parent Ticker: MHLD

OTC Grey Market Temporary Ticker: NA

Issuance Date: 08/23/2012

1st Call Date: 08/29/2017

Maturity Date: None

Shares Issued: 6,000,000

Overallotment Shares: 0

Coupon: 8.25%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.515

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): F

Moody Rating: NR

Fitch Rating: NR