On December 22, 2021, Herbert Wender, the Non-Executive Chairman of the board of directors (the Board") of Radian Group Inc. notified the Company of his personal decision to accelerate the date of his retirement from the Board to December 22, 2021. The Company previously disclosed that Mr. Wender intended to retire from the Board following completion of his current term at the Company's 2022 Annual Meeting of Stockholders and that Howard B. Culang, who has been a director of the Company since June 1999, was named by the Board in August 2021 to succeed Mr. Wender as Non-Executive Chairman. After his decades-long tenure with and dedicated service to the Company, and taking into consideration Mr. Culang's strong institutional knowledge of the Company and the fact that Mr. Culang's preparation and transitional work has been completed, Mr. Wender made the personal decision to accelerate his retirement date. Mr. Wender's decision did not involve a disagreement on any matter relating to the Company's operations, policies or practices. Mr. Culang will assume the role of Non-Executive Chairman of the Board effective December 22, 2021.