Form 4: SiriusPoint Officer Grants Power of Attorney for SEC Filings

Anthony Shapella, an Officer and/or Director of SiriusPoint Ltd., has granted a Power of Attorney for the execution and filing of Section 16 forms with the SEC.

Summary

• Anthony Shapella, an Officer and/or Director of SiriusPoint Ltd., has appointed James McKinney, Linda Lin, Jacquelyne Belcastro, and any individual named as a 'named executive officer' in the most recent annual proxy statement of SiriusPoint Ltd. as his true and lawful attorneys-in-fact.
• The attorneys-in-fact are authorized to execute and file Forms 3, 4, and 5 (Section 16 Forms) and Form ID with the U.S. Securities and Exchange Commission on behalf of Anthony Shapella.
• These forms are required for reporting beneficial ownership of company securities in accordance with Section 16(a) of the Securities Exchange Act of 1934.
• The Power of Attorney grants full power and authority to perform any and all acts necessary or desirable to complete, execute, and timely file such Forms and Schedules.
• The Power of Attorney remains in full force and effect until Anthony Shapella is no longer required to file Forms and Schedules with respect to his holdings and transactions in company securities, unless earlier revoked in writing.
• Any Power of Attorney previously granted by Anthony Shapella concerning this subject matter is hereby revoked as of the execution date.

Sentiment

Score: 5

Explanation: Neutral. This is a routine administrative and compliance filing with no direct positive or negative financial implications for the company's operations or performance.

Positives

• This administrative filing ensures compliance with Section 16(a) of the Securities Exchange Act of 1934, streamlining the process for an officer/director to report beneficial ownership of company securities.

Future Outlook

NA

Industry Context

This is a routine corporate governance and compliance document for publicly traded companies, reflecting standard practice for officers and directors to delegate the administrative task of filing SEC forms related to insider transactions. It ensures transparency and adherence to regulatory requirements within the financial industry.

Comparison to Industry Standards

• The delegation of authority for Section 16 filings is a common and accepted practice among officers and directors of publicly traded companies across various industries. This aligns with global benchmarks for corporate governance, where administrative efficiency in regulatory compliance is prioritized. No specific comparable companies or projects are detailed as this is a standard procedural document.

Corporate Governance

Stakeholder Impact

• Shareholders benefit from improved compliance with insider trading reporting requirements, which enhances transparency regarding insider holdings and transactions.
• Employees, customers, suppliers, and creditors are not directly impacted by this administrative filing.

Key Dates

Keywords

SiriusPoint Ltd., Anthony Shapella, Power of Attorney, SEC Filings, Section 16, Forms 3 4 5, Corporate Governance, Officer, Director, Compliance