Accelerant Holdings

Filing Date

Jul 23, 2025

Transaction Date

Jul 23, 2025

Accession Number

0000905148-25-002537

Form Type

3

Footnotes

1. (F1)In connection with the Issuer's initial public offering ("IPO"), these limited partnership interests of Accelerant Holdings LP will be exchanged for Class B Common Shares of the Issuer in proportion to the economic interests represented by the limited partnership interests.
2. (F2)These securities are held directly by ACP Accelerant Holdings, L.P. Each of (i) ACP Insurance Management, LLC, as the general partner of ACP Accelerant Holdings, L.P., and (ii) Keoni Schwartz ("Mr. Schwartz"), as the sole owner and managing member of ACP Insurance Management, LLC, may be deemed to have voting and dispositive power over these securities, but disclaim beneficial ownership over these securities except to the extent of their respective pecuniary interest therein, if any.
3. (F3)These securities are held directly by ACP Accelerant Investment Holding Company, Ltd. ACP Accelerant Holdings, L.P. is the sole owner of ACP Accelerant Investment Holding Company, Ltd. Each of (i) ACP Insurance Management, LLC, as the general partner of ACP Accelerant Holdings, L.P., and (ii) Mr. Schwartz, as the sole owner and managing member of ACP Insurance Management, LLC, may be deemed to have voting and dispositive power over these securities, but disclaim beneficial ownership over these securities except to the extent of their respective pecuniary interest therein, if any.
4. (F4)In connection with the Issuer's IPO, these shares of the Issuer's Preference Shares will automatically be converted into Class B Common Shares of the Issuer at a 1-for-1 conversion rate.
5. (F5)These securities are held directly by ACP Accelerant Co-Invest, LLC. Each of (i) ACP Insurance Management, LLC, as the managing member of ACP Accelerant Co-Invest, LLC, and (ii) Mr. Schwartz, as the sole owner and managing member of ACP Insurance Management, LLC, may be deemed to have voting and dispositive power over these securities, but disclaim beneficial ownership over these securities except to the extent of their respective pecuniary interest therein, if any.
6. (F6)These securities are held directly by ACP Accelerant Investment Holding Company II, Ltd. ACP Accelerant Holdings, L.P. is the sole owner of ACP Accelerant Investment Holding Company II, Ltd. Each of (i) ACP Insurance Management, LLC, as the general partner of ACP Accelerant Holdings, L.P., and (ii) Mr. Schwartz, as the sole owner and managing member of ACP Insurance Management, LLC, may be deemed to have voting and dispositive power over these securities, but disclaim beneficial ownership over these securities except to the extent of their respective pecuniary interest therein, if any.
7. (F7)In connection with the Issuer's IPO, holders of shares of the Issuer's Redeemable Preference Shares have the right to elect to convert the shares into Common Shares at a 1-for-1 conversion rate, or to have the shares redeemed at a redemption price of $31.55 per share. ACP Accelerant Co-Invest, LLC has elected to have its shares redeemed at a redemption price of $31.55 per share.