Oxbridge Re Holdings Limited announced that on June 30, 2021, Dr. Mayur Patel, a director of the Company, notified the Company that he has decided to resign from the Company’s Board of Directors effective June 30, 2021. Dr. Patel’s decision to resign did not involve any disagreements with the Company, the Company’s management or the Board of Directors. The Company is actively engaged in a search for a new independent director to replace Dr. Patel and intends to find a suitable replacement as soon as practicable.