0001193125-19-295695 Sample Contracts

AXIS SPECIALTY FINANCE PLC, Issuer AXIS CAPITAL HOLDINGS LIMITED, Guarantor AND THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. Trustee FORM OF SUBORDINATED INDENTURE Dated as of
Subordinated Indenture • November 19th, 2019 • AXIS Specialty Finance LLC • Fire, marine & casualty insurance • New York

THIS INDENTURE, dated as of , among AXIS SPECIALTY FINANCE PLC, an English public company limited by shares (the “Issuer”), AXIS CAPITAL HOLDINGS LIMITED, an exempted company incorporated in Bermuda as a holding company (the “Guarantor”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association, as trustee (the “Trustee”),

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AXIS SPECIALTY FINANCE PLC, Issuer AXIS CAPITAL HOLDINGS LIMITED, Guarantor AND THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. Trustee FORM OF JUNIOR SUBORDINATED INDENTURE Dated as of
Junior Subordinated Indenture • November 19th, 2019 • AXIS Specialty Finance LLC • Fire, marine & casualty insurance • New York

THIS INDENTURE, dated as of , among AXIS SPECIALTY FINANCE PLC, an English public company limited by shares (the “Issuer”), AXIS CAPITAL HOLDINGS LIMITED, an exempted company incorporated in Bermuda as a holding company (the “Guarantor”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association, as trustee (the “Trustee”),

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