Everest Re (EG) 8-K Departure of Directors or Certain Officers

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NEWS RELEASE

EVEREST RE GROUP,LTD.

Seon place, 141 Front Street, 4

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Floor, Hamilton HM 19, Bermuda

Contacts

Media:Dawn LauerInvestors:Matt Rohrmann

Chief Communications OfficerHead of Investor Relations

Everest Global Services, Inc.Everest Global Services, Inc.

908.300.7670908.604.7343

Everest Re Group, Ltd. Appoints Hazel McNeilage to its Board of Directors

HAMILTON,Bermuda – (BUSINESS WIRE) - November 16, 2022 –

Everest Re Group, Ltd.

(“Everest”) (NYSE: RE), a global underwriting leader providing best-in-class property, casualty,

and specialty reinsurance and insurance solutions, announced the appointment of Hazel McNeilage

as an independent, non-executive member of its Board of Directors, effective immediately.

“Hazel’s extensive global business experience and exceptional leadership acumen make her a

valuable addition to Everest’s Board,” said Juan C. Andrade, Everest President and CEO. “Hazel

brings a diverse, global perspective from decades of experience leading corporate growth and

transformation strategies spanning five continents. I look forward to working closely with Hazel as

we continue to generate positive momentum for the company and our shareholders.”

Ms. McNeilage’s four-decade-long career is built on deep global financial services experience

with specialization in investment management, distribution, business and technology

transformation, international regulation and governance. Serving in various executive leadership

roles, she led expansion and restructuring strategies for multiple leading financial institutions

across the United States, Europe, Australia, South Africa, and Asia. Most recently, she was Head

of EMEA for Northern Trust’sAsset Management business and served as a member of the

company’s global and international management teams. She held various executive roles in global

investment management at Principal Financial including Global Head of Distribution and Head of

International Investments and she was part of the executive team that successfully navigated the

business through the financial crisis. Earlier in her career, Ms. McNeilage served as Head of

Investment Consulting for Asia Pacific with Towers Perrin.

Ms. McNeilage has significant experience serving on the boards of large, multi-national Fortune

500, early-stage and not-for-profit organizations. She currently serves on the board of Reinsurance

Group of America (NYSE: RGA), and Scholarship America as well as the

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advisory board of 9

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Gear Technologies. Ms. McNeilage is a Fellow of both the Institute and

Faculty of Actuaries (UK) and the Institute of Actuaries of Australia. She earned certificates from

Carnegie Mellon University and Harvard University in cyber security, a certificate from

Massachusetts Institute of Technology in artificial intelligence, and she is a Board Leadership

Fellow of the National Association of Corporate Directors. Ms. McNeilage earned a Bachelor of

Science (Hons) degree from the University of Lancaster, England.

“On behalf of the Board, I am delighted to welcome Hazel to Everest. She is a highly

accomplished international financial services leader whose diverse expertise perfectly

complements the skills and experiences of our board members,” said Joseph V.Taranto, Everest

Chairman. “Hazel’s multi-faceted background and proven advisory experience will be significant

assets as we continue to execute our strategy and deliver value to our stakeholders.”

About Everest

Everest is a global underwriting leader providing best-in-class property, casualty,and specialty

reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a

50-year track record of disciplined underwriting, capital and risk management, Everest, through its

global operating affiliates, is committed to underwriting opportunity for colleagues, customers,

shareholders, and communities worldwide.

Everest common stock (NYSE: RE) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at

www.everestre.com.