On July 28, 2016, Mr. James McNichols, Chief Actuarial Officer of the Greenlight Capital Re, Ltd., Greenlight Reinsurance, Ltd. and Greenlight Reinsurance Ireland, submitted his resignation effective as of August 31, 2016. Mr. McNichols' resignation was due to personal reasons and not because of any disagreement with the company on any matter relating to the company's operations, policies or practices.