Completion of Migration Announcement

Completion of the Migration

Third Point Investors Limited (the "Company") is pleased to announce that from 10 September 2025 it has been registered by way of continuation as an exempted limited company limited by shares under section 201 of the Cayman Island Companies Act (2025 Revision). Therefore, the Company is now incorporated in the Cayman Islands and is no longer incorporated in Guernsey.

Following completion of the Migration, the following details apply to the Company:

the LEI remains as 549300WXTCG65AQ7V644

the ISIN for the Ordinary Shares is KYG8827C1006

the SEDOL for the Ordinary Shares (US Dollar quotation) is BVYBW43

the ticker for the Ordinary Shares (US Dollar) is MLHL

In connection with the Migration, the Company's administrator and company secretary will no longer be Northern Trust International Fund Administration Services (Guernsey) Limited. From 10 September 2025, the Company's administrator is Artex Risk Solutions (Cayman) Limited and company secretary is Walkers Corporate Limited.

Trading in the Company's Ordinary Shares will remain suspended until completion of the Acquisition and Admission of the Ordinary Shares to the ESCC Category and to trading on the Main Market for listed securities of the London Stock Exchange, which is expected at 8.00 a.m. on 12 September 2025.

Arrangements in connection with completion of the Acquisition

The Company's acquisition of 100 per cent. of the equity interests in Malibu Life Reinsurance SPC from Malibu Life Holdings LLC ("Malibu Holdings") (the "Acquisition") is expected to complete on 12 September 2025. In connection with the Acquisition, the number of Relevant Consideration Shares to be issued on 12 September 2025 by the Company is 1,868,805, representing approximately 95 per cent. of the Consideration Shares. The final number of Consideration Shares to be issued by the Company shall be subject to a true-up mechanism. Further details are set out in the Company's prospectus dated 8 September 2025 (the "Prospectus").

Total voting rights

Immediately following Admission, the Company will have 21,426,808 Ordinary Shares in issue and admitted to trading on the Main Market, and its issued share capital will be:

21,426,808 US dollar Ordinary Shares with one vote per share; and

8,570,724 US dollar B Shares with one vote per share.

Therefore, the total number of voting rights in the Company immediately following Admission will be 29,997,532. The Company holds no shares in treasury.

In accordance with the Redemption Offer, the Company expects to redeem 4,376,750 Ordinary Shares on 19 September 2025 such that, immediately following completion of the Redemption Offer, the Company will have 17,050,058 Ordinary Shares admitted to trading on the Main Market.

Timetable

The timetable contained in the Company's announcement on 4 September 2025 remains unchanged.

Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the Prospectus. All references to times in this announcement are to times in London (unless otherwise stated).