MARKEL GROUP INC (MKL)

Markel Group to redeem Series A Preferred Shares

Markel Group Inc. will redeem all 600,000 outstanding Series A 6.000% Fixed-Rate Reset Non-Cumulative Preferred Shares at $1,000 per share, totaling $600 million, on June 2, 2025. The redemption follows the scheduled June 1, 2025 date, which falls on a non-business day. Holders will also receive a regular semi-annual dividend of $30.00 per share, payable on June 2, 2025, to shareholders of record as of May 17, 2025. The redemption price excludes accrued and unpaid dividends. The Series A Preferred Shares are a fixed-rate, non-cumulative preferred equity instrument, typically used for capital management in financial services firms.