On October 28, 2020, John Rathgeber, who is a director on the Board of Directors (the Board") of the Watford Holdings Ltd., notified the Board in writing of his resignation with immediate effect. Mr. Rathgeber, as previously announced, had retired as Chief Executive Officer of the Company on March 31, 2020 and his resignation from the Board was for personal reasons and not the result of any disputes or disagreements with the Company.