RenaissanceRe 2025 Sustainability Report A Message From Our CEO About This Report Sustainability Strategy Our Portfolio Our Partnerships Our People Our Operations Our Communities Our Governance Metrics and Performance Looking Ahead Appendix 20 Sustainability considerations are also embedded in the selection and oversight of third-party asset managers. These insights inform asset allocation, manager selection and portfolio construction decisions. Responsible Investment Guidelines Exclusions We apply rules-based exclusions to our investment portfolio where our analyses and judgment determine there are material downside risks related to ESG. As such, our investment guidelines currently provide for the elimination of direct investments in: • companies that are classified as ‘CCC’ ESG Laggards under the MSCI methodology; • companies that derive more than 10% of revenues from thermal coal; and • corporates that have a relatively high carbon intensity as measured by MSCI. diversification into lower carbon securities and the removal of more carbon intensive holdings, supported by improved real time transparency into our exposures. We continue to evaluate opportunities that deliver positive environmental or social outcomes, consistent with our responsible investing approach and our long term investment objectives. Third-Party Manager Selection/Mandate Setting When we engage a third-party investment manager, we generally consider the following topics: • ESG strategy and oversight (including UN PRI membership) • ESG integration and analysis • ESG governance and engagement • Climate change risk oversight (including reporting against the TCFD) • Commitment to diversity, equity and inclusion Climate and Sustainability Considerations in Our Investment Portfolio We have continued to strengthen the consideration of ESG factors within our investment portfolio. As of December 31, 2025, we achieved a 73% reduction in the carbon intensity of our corporate credit and equity portfolios against our 2020 baseline year, as measured by MSCI. This progress reflects increased Sean Brosnan SVP, Chief Investment Officer Looking at sustainability factors alongside traditional analysis helps broaden our understanding of long-term opportunities and risks.” Adrian Doyle SVP, Managing Director Investments Considering climate trends, governance quality and wider societal developments supports thoughtful investment decisions and a resilient portfolio.”