ARCH CAPITAL GROUP LTD. (a Bermuda limited company) 13,000,000 Shares 6.75% Non-Cumulative Preferred Shares, Series C PURCHASE AGREEMENT Dated: as of March 26, 2012Purchase Agreement • March 27th, 2012 • Arch Capital Group Ltd. • Fire, marine & casualty insurance • New York
Arch Capital Group Ltd., a Bermuda limited company (the “Company”), confirms its agreement with Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and UBS Securities LLC and each of the other Underwriters named in Schedule A hereto (collectively, the “Underwriters,” which term shall also include any underwriter substituted as hereinafter provided in Section 10 hereof), for whom you are acting as representatives (in such capacity, the “Representatives”), with respect to the issue and sale by the Company, and the purchase by the Underwriters, acting severally and not jointly, of 13,000,000 shares in the aggregate of 6.75% Non-Cumulative Preferred Shares, Series C, par value $0.01 per share, of the Company (the “Preferred Shares”), as set forth in Schedule A hereto. The aforesaid 13,000,000 Preferred Shares to be purchased by the Underwriters are hereinafter called the “Securities.”
