Oxbridge Re (OXBR) to Evaluate Strategic Alternatives

Oxbridge Re Holdings Limited (NASDAQ: OXBR), (the “Company”), together with its subsidiaries is engaged in the business of tokenized Real-World Assets (“RWAs”) initially in the form of tokenized reinsurance securities, and reinsurance solutions primarily to property and casualty insurers, today announced that its Board of Directors has initiated a process to evaluate strategic alternatives to maximize shareholder value. As part of the evaluation process, the Company will consider a full range of strategic alternatives for the Company, and/or its Web-3 division subsidiary SurancePlus Holdings Ltd, including a sale, spinout, merger, divestiture, recapitalization, and other strategic transactions, or continuing to operate as a public, independent company.

“To reinforce our strategic vision, we are committed to exploring opportunities that will deliver value to our stakeholders and ensure continued success in our evolving industries,” commented Oxbridge Re Holdings Chairman and Chief Executive Officer Jay Madhu.

The Company cannot assure that its evaluation will result in the Company and/or its subsidiaries pursuing a transaction or that any transaction, if pursued, will be completed on attractive terms. The Board has not set a timetable for the conclusion of this review. There can be no assurance that the review will result in any transaction or other strategic change or outcome. The Company does not intend to comment further until it determines that further disclosure is appropriate or necessary.

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