5,000,000 Shares of Common Stock Palomar Holdings, Inc. UNDERWRITING AGREEMENTUnderwriting Agreement • January 7th, 2020 • Palomar Holdings, Inc. • Fire, marine & casualty insurance • New York
Palomar Holdings, Inc., a Delaware corporation (the “Company”), and certain stockholders of the Company named in Schedule II-A attached hereto (the “Genstar Selling Stockholders”) and Schedule II-B attached hereto (the “Management Selling Stockholders” and together with the Genstar Selling Stockholders, the “Selling Stockholders”), propose to sell an aggregate of 5,000,000 shares (the “Firm Stock”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”). Of the 5,000,000 shares of the Firm Stock, 750,000 are being sold by the Company and 4,250,000 are being sold by the Selling Stockholders. In addition, the Genstar Selling Stockholders propose to grant to the underwriters named in Schedule I (the “Underwriters”) attached to this agreement (this “Agreement”) an option to purchase up to 750,000 additional shares of the Common Stock on the terms set forth in Section 3 (the “Option Stock”). The Firm Stock and the Option Stock, if purchased, are hereinafter collectiv
