BRC Group Holdings, Inc.

(a)As previously disclosed in Item 5(a) of the Company’s quarterly report on Form 10-Q filed on May 7, 2026, Fred Knopf (“Executive”) was appointed to the position of Executive Vice President, General Counsel and Secretary of the Company upon the retirement of Alan N. Forman. In connection with the Executive’s appointment, the Company entered into an Employment Agreement with the Executive, effective as of July 1, 2026 (the “Employment Agreement”). The Employment Agreement provides for a base salary of $425,000, an annual bonus to be determined by the Company in its sole discretion with a target bonus of $350,000 and eligibility for an annual equity award to be determined by the Company’s Compensation Committee of the Board of Directors. The Employment Agreement also provides for a severance payment equal to one (1) times the Executive’s base salary. The Employment Agreement also provides for reimbursement of a portion of the executive’s COBRA premiums for up to twelve months following a qualifying termination. Qualifying terminations include (i) terminate without Cause by the Company, (ii) termination due to death or disability and (iii) resignation for Good Reason, as such term is defined in the Employment Agreement. Upon a qualifying termination or a change of control, all unvested equity-based awards will become fully vested. The foregoing summary of the material terms of the Employment Agreement is qualified in its entirety by reference to the Employment Agreement, a copy of which is filed as Exhibit 10.3, and is hereby incorporated by reference to, this Form 10-Q. The Company and the Executive also entered into the Company’s standard form of indemnification agreement, the form of which is filed as Exhibit 10.28 to the Company’s Form 10-K/A for the period ended December 31, 2025.

(b) None.

(c) During the three months ended June 30, 2026, no director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.