GREENLIGHT CAPITAL RE, LTD.

Our financial statements contain certain amounts that are inherently subjective and have required management to make assumptions and best estimates to determine reported values. If certain factors, including those described in “Part II. Item 1A. Risk Factors” included in our 2025 Form 10-K, cause actual events or results to differ materially from our underlying assumptions or estimates. In that case, there could be a material adverse effect on our results of operations, financial condition, or liquidity. The most significant estimates relate to:

•loss and loss adjustment expense reserves;

•premiums written and earned and related premium receivable, net of expected credit losses;

•reinsurance recoverable on unpaid losses and loss adjustment expenses, net of expected credit losses; and

•valuation of investments, including impairments.

We believe that the critical accounting estimates discussion in “Part II. Item 7. — Management’s Discussion and Analysis of Financial Condition and Results on Operations” of our 2025 Form 10-K continues to describe the significant estimates and judgments included in the preparation of these financial statements.