SELECTIVE INSURANCE GROUP, INC. (a New Jersey corporation) 8,000,000 Depositary Shares, each representing a 1/1,000th interest in a share ofUnderwriting Agreement • December 3rd, 2020 • Selective Insurance Group Inc • Fire, marine & casualty insurance • New York
Selective Insurance Group, Inc., a New Jersey corporation (the “Company”), confirms its agreement with Wells Fargo Securities, LLC (“Wells Fargo Securities”), BofA Securities, Inc. (“BofA”), RBC Capital Markets, LLC (“RBC”), 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 Wells Fargo Securities, BofA, and RBC are acting as representatives (in such capacity, the “Representatives”), with respect to (i) the issue and sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of 8,000,000 depositary shares (the “Depositary Shares”), each representing a 1/1,000th interest in a share of 4.60% Non-Cumulative Preferred Stock, Series B (the “ Series B Preferred Stock”) of the Company (the “Securities”). The shares of Series B Preferred Stock shall have the rights, powers and preferences set forth in th
