Kinsale Capital Group, Inc. entered into an Amended and Restated Credit Agreement (the Credit Agreement) with JPMorgan Chase Bank, N.A., as administrative agent and as issuing bank, Truist Bank, as syndication agent, and the lenders party thereto (collectively, the Lenders). Pursuant to the Credit Agreement, the Lenders have provided the Company with a $100 million senior unsecured revolving credit facility (the Credit Facility). Borrowings under the Credit Facility may be used for general corporate purposes (which may include, without limitation, to fund future growth, to finance working capital needs, to fund capital expenditures, and to refinance, redeem or repay indebtedness).

Interest rates on borrowings under the Credit Agreement are based on, at the Company's option, Adjusted Term SOFR Rate (as defined in the Credit Agreement) or Alternate Base Rate (as defined in the Credit Agreement) and the applicable margin, as described in the Credit Agreement. The Credit Agreement contains customary representations and affirmative and negative covenants, including financial covenants substantially the same as those described in clauses (i), (ii) and (iv) above with respect to the Note Purchase Agreement. The Credit Agreement also contains customary events of default (including non-payment of principal or interest and breaches of covenants).