RENAISSANCERE HOLDINGS LTD

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Our share repurchase program may be effected from time to time, depending on market conditions and other factors, through open market purchases and privately negotiated transactions. Our Board has authorized a share repurchase program, which was renewed in an aggregate amount of up to $750.0 million on February 11, 2026. Unless terminated earlier by our Board of Directors, the program will expire when we have repurchased the full value of the shares authorized.

The table below details the repurchases that were made under the program during the three months ended March 31, 2026, and also includes other shares purchased, which represents common shares surrendered by employees in respect of withholding tax obligations on the vesting of restricted stock.

(1)On February 11, 2026, our Board of Directors approved a renewal of our authorized share repurchase program to an aggregate amount of up to $750.0 million.

During the three months ended March 31, 2026, we repurchased 1.2 million common shares pursuant to our publicly announced share repurchase program at an aggregate cost of $352.5 million and an average price of $289.36 per common share. At March 31, 2026, $542.5 million remained available for repurchase under the share repurchase program. Subsequent to March 31, 2026 and through the period ended April 24, 2026, we repurchased 340.5 thousand common shares at an aggregate cost of $104.8 million and an average price of $307.89 per common share. In the future, we may authorize additional purchase activities under the currently authorized share repurchase program, increase the amount authorized under the share repurchase program, or adopt additional trading plans. Our decision to repurchase common shares will depend on, among other matters, the market price of the common shares and our capital requirements.