RenaissanceRe Holdings Ltd. Responsible Investment Policy Integrating ESG Into Our Investment Practices SECTION I - Our Approach to Responsible Investing We recognize that being a responsible investor We consider the social and economic consequences can be an extension of our corporate values and of our investment decisions to help support a purpose, and we believe we have the opportunity, transition to a climate positive economy. As such, through our investment activities, to help address RenaissanceRe seeks to develop its engagement societal challenges, particularly those that are and role in influencing positive behaviours and apply relevant to our mission and vision. To further the rules-based exclusions where it believes that, on sustainability of RenaissanceRe’s investment balance, specific investments present an elevated portfolio, certain ESG factors are considered level of risk of causing significant socio-economic or within our investment strategy. We believe that environmental harm. incorporating ESG into our investment process makes us better positioned to identify attractive and We are a signatory of the UN Principles for sustainable investment opportunities. Responsible Investment (PRI) in partnership with the UNEP Finance Initiative and the UN Global Compact. We structure RenaissanceRe’s investment portfolio We are proud to be part of this global community to to emphasize the preservation of capital and the build a more sustainable financial system. availability of liquidity to meet our claims obligations, to be well diversified across market sectors and to generate relatively attractive returns on a risk-adjusted basis over time. The majority of our investments are highly rated fixed income securities. We also hold a significant amount of short-term investments. In addition, we hold other investments, including direct private equity investments, catastrophe bonds, fund investments and term loans. This Responsible Investment Policy sets out how we intend to integrate our ESG strategy and the construction of our investment portfolio to support the achievement of our overall objectives. It applies to the assets that we manage internally, as well as to those that are managed externally by our third party investment managers. Our investment activities, like RenaissanceRe’s other business activities, across underwriting and third-party capital management for example, are informed by the industry-leading expertise of our team of scientists, meteorologists, and engineers at RenaissanceRe Risk Sciences Inc. (“RenaissanceRe Risk Sciences”), which monitors, quantifies and forecasts global geophysical risks across our business. The expertise of RenaissanceRe Risk Sciences, coupled with the insights of our risk function, can help support and inform our view of investment risk.