Lancashire Holdings

AGM Information • May 3, 2017

LANCASHIRE HOLDINGS LIMITED (the "Company")

Results of the Annual General Meeting held on 3 May 2017 1

RESOLUTIONS		FOR and DISCRETIONARY	AGAINST	WITHHELD2	PERCENTAGE
Ordinary Resolutions
1.	To receive the Company's audited consolidated financial statements for the year ended 31 December 2016	160,370,296	856,425	0	99.47%
2.	To approve the Directors' Remuneration Policy	144,229,951	7,870,777	9,125,993	94.83%
3.	To approve the Annual Report on Remuneration	143,579,559	8,228,480	9,418,682	94.58%
4.	To appoint KPMG LLP, London, England as auditors	161,187,968	37,079	1,674	99.98%
5.	To authorise the Board to set the auditors' remuneration	161,226,721	0	0	100.00%
6.	To elect Michael Dawson as a Director of the Company	160,910,739	229,034	86,948	99.86%
7.	To elect Robert Lusardi as a Director of the Company	160,997,297	142,476	86,948	99.91%
8.	To re-elect Peter Clarke as a Director of the Company	160,892,594	229,032	105,095	99.86%
9.	To re-elect Simon Fraser as a Director of the Company	160,931,776	207,997	86,948	99.87%
10.	To re-elect Samantha Hoe-Richardson as a Director of the Company	160,932,745	207,776	86,200	99.87%
11.	To re-elect Alex Maloney as a Director of the Company	160,960,966	179,555	86,200	99.89%
12.	To re-elect Tom Milligan as a Director of the Company	160,998,045	142,476	86,200	99.91%
13.	To re-elect Elaine Whelan as a Director of the Company	160,598,737	541,784	86,200	99.66%
14.	To approve and adopt the Lancashire Holdings Limited 2017 Restricted Share Scheme	157,586,482	2,987,999	652,240	98.14%
15.	To grant the Company a general and unconditional authority to allot shares	161,133,599	6,174	86,948	100.00%

¹ All the resolutions at the Annual General Meeting were taken on a poll vote.

²A vote withheld is not a vote in law and is not counted in the calculation of votes for and against a resolution.

LANCASHIRE HOLDINGS LIMITED (the "Company")

RESOLUTIONS	FOR and DISCRETIONARY	AGAINST	WITHHELD2	PERCENTAGE
Special Resolutions3
16. Subject to the approval of Resolution 15, to authorise the Company to allot shares for cash on a non pre-emptive basis up to an aggregate nominal value of five per cent of issued share capital (Note: 75 per cent approval required)	161,134,598	90,231	1,892	99.94%
17. Subject to the approval of Resolution 15 and 16, to authorise the Company to allot shares for cash on a non pre-emptive basis up to an aggregate nominal value of a further five per cent of issued share capital (Note: 75 per cent approval required)	160,515,943	707,786	2,992	99.56%
18. Subject to the approval of Resolutions 15,16 and 17, to authorise the Company to allot shares for cash on a non pre emptive basis up to an aggregate nominal value of a further five per cent of issued share capital	160,233,200	340,137	653,384	99.79%
(Note: 75 per cent approval required)
19. To authorise the Company to purchase its own shares	160,779,848	361,773	85,100	99.78%
(Note: 75 per cent approval required)

³ A Special Resolution must be passed by a majority of not less than three-fourths of such Members as (being entitled to do so) vote in person or by proxy at a general meeting of the Company of which notice specifying the intention to propose the resolution as a special resolution has been duly given.