The Baldwin Group, announced the offering by its direct subsidiary The Baldwin Insurance Group Holdings, LLC (?Baldwin Holdings?) and a wholly-owned corporate subsidiary of Baldwin Holdings (the ?co-issuer?) of $500 million aggregate principal amount of proposed senior secured notes due 2031 (the ?notes?), subject to market and other conditions. The notes will be guaranteed by each of Baldwin Holdings? material domestic wholly-owned subsidiaries that are expected to guarantee Baldwin Holdings?

new credit facilities, which Baldwin Holdings intends to enter into substantially concurrently with the issuance of the notes. The notes will be senior secured obligations and will be secured on a first-priority lien basis by all of the assets of Baldwin Holdings, the co-issuer and the guarantors that are expected to secure indebtedness under Baldwin Holdings? new credit facilities.

Baldwin Holdings intends to use the net proceeds from the issuance of the notes, together with borrowings under its proposed new term loan facility that was also announced and cash on hand, to repay in full the entire outstanding amount, or approximately $996.2 million, of borrowings under its existing term loan facility and repay in full the entire outstanding amount, or approximately $351 million, of borrowings under its existing revolving facility and to pay fees, costs, expenses and accrued interest relating to the credit refinancing transactions, and any remaining proceeds for general corporate purposes. The closing of the new credit facilities and the terms thereof are subject to obtaining lender commitments, as well as market and other conditions, and there can be no assurance as to whether or when the new credit facilities or the issuance of the notes may be completed, or as to the actual size or terms thereof. The notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the ?Securities Act?), and only to non-U.S. persons outside the United States pursuant to Regulation S. The notes will not be registered under the Securities Act or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws.