8 January 2026 To all Members Class 3 - Protection and Indemnity Endorsements to 2026/27 policy year Certificates of Entry Attached are the endorsements to 2026/27 Class 3 - Protection and Indemnity Certificates of Entry in respect of War Risks P&I cover and Maritime Labour Convention (MLC) 2006. These endorsements will be applicable where the Member’s Certificate of Entry so specifies. As part of the renewal of the International Group’s General Excess of Loss Reinsurance Contract for the policy year 2026/27, the excess War Risks P&I cover will also be renewed for a period of 12 months, with the costs included in the total rates charged to shipowners. However, and as a consequence of a contraction of cover available from reinsurers, there is an amendment to the level of cover available for vessels operating in Russian and certain other Belarusian and Ukrainian waters due to the ongoing conflict. For vessels transiting and/or calling within all Russian waters, including Russian coastal waters up to 12 nautical miles offshore, and certain European waters, cover is sub-limited to USD125,000,000 any one event, each vessel. The limitation in respect to certain European waters is defined in Clause 6. As with the 2025/26 policy year, the cover will only respond to claims in excess of the proper value of the entered ship as defined in Clause 5 of the Protection and Indemnity War Risk Clause Endorsement. Members are reminded that where payment by the Club under a guarantee or a certificate is in respect of war risks, Members shall indemnify the Club to the extent such payment is recovered or would have been recoverable under a standard P&I war risk policy. Yours faithfully Tindall Riley (Britannia) Limited / Tindall Riley Europe Sàrl Managers Protection & Indemnity - War Risks Clause Endorsement Policy Year: 2026/27 Risks Period: 12:00:00 UTC 20 February 2026 – 12:00:00 UTC 20 February 2027 It is hereby agreed in accordance with the provisions of Rule 25.1 that cover is extended to include such losses, liabilities, costs and expenses as would be covered under the Rules of the Associations, but for the exclusion of War Risks as set out in Rules 25.1.1 – 25.1.3. This extended Protection & Indemnity (P&I) War Risks insurance is subject to a limit in respect of such losses, liabilities, costs and expenses of USD500,000,000 (and further sublimited to USD125,000,000 in respect vessels transiting and/or calling within all Russian waters including their coastal waters up to 12 nautical miles offshore and certain European waters identified in clause 6) any one ship any one event (see clause 4 below). This insurance is to pay claims in excess of amounts recoverable under the Ship’s or crew war risk P&I policies, subject to a minimum excess of the proper value (see clause 5 below) of the Entered Ship or USD500,000,000 whichever is the lesser any one event. Provided that this condition shall not apply where the entry of the Ship is solely in the name of or on behalf of a charterer other than a charterer by demise or bareboat charterer and provided that the Board may authorise the payment, in whole or in part, of any claim or part of a claim which falls within such excess if, in its discretion and without having to give any reasons for its decision, it decides that the Member should recover from the Associations. 1. This insurance for War Risks under Rule 25.2 shall be subject to the following: (a) CHEMICAL, BIOLOGICAL, BIO-CHEMICAL, ELECTROMAGNETIC WEAPONS