|Bank of America Merrill Lynch||Jay Cohen|
|Deutsche Bank||Josh Shanker|
|Dowling & Partners||Julia Ferguson|
|J.P. Morgan||Sarah DeWitt|
|JMP Securities||Matt Carletti|
Validus Holdings, Ltd. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Validus Holdings, Ltd.’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Validus Holdings, Ltd. or its management. Validus Holdings, Ltd. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.