REG-Malibu Life Holdings Limited: Malibu Life Announces Hiring of COO

Third Point InvestorsAnnouncement

03/03/2026 07:02

FOR IMMEDIATE RELEASE

Malibu Life Announces Hiring of Chief Operating Officer to Accelerate Growth
and Expand Reinsurance, Product, and Distribution Capabilities

George Town, Cayman Islands — March 3, 2036 — Malibu Life Holdings Limited
(“Malibu Life” or the “Company”) today announced key leadership
appointments to accelerate growth and strengthen its insurance and reinsurance
platform. Robert Pavleszek has been appointed Chief Operating Officer, and
Robert Hou, previously the Company’s COO, has been named Head of
Reinsurance.

These appointments reflect Malibu Life’s continued investment in leadership
with deep expertise across asset-liability origination, product manufacturing,
distribution strategy, and institutional risk solutions — core capabilities
that underpin the Company’s differentiated, capital-efficient business
model.

Robert Pavleszek Named Chief Operating Officer

As Chief Operating Officer, Mr. Pavleszek will oversee Malibu Life’s
operating platform, with responsibility for scalable infrastructure,
operational discipline, and the continued expansion of product and
distribution capabilities. He will work closely with the Company’s
management team to further integrate Malibu Life’s operating entities and
support the buildout of an industry-leading retail business.

Mr. Pavleszek brings an extensive track record in strategy, corporate
development, and operating platform transformation. His experience includes
senior management roles at leading mutual insurers such as USAA Life Company
and Guardian Life, as well as sponsor-backed platforms, where he helped drive
profitable growth, expand into new markets, and modernize operating
environments through technology and data-driven initiatives.

Robert Hou Appointed Head of Reinsurance

Mr. Hou, who previously served as Malibu Life’s Chief Operating Officer
while acting as Third Point’s Head of Insurance Solutions, will now lead the
continued expansion of the Company’s reinsurance business, a core strategic
growth engine. In this role, he will focus on advancing institutional client
solutions and scaling Malibu Life’s liability-driven investment platform.

Mr. Hou has played a central role in the establishment of Malibu Life,
including the launch of Malibu Life Reinsurance SPC and the acquisition of
TruSpire Retirement Insurance Company. He will now focus on expanding Malibu
Life’s presence in the asset-intensive reinsurance market, partnering with
insurers to develop customized capital solutions through flow and block
reinsurance transactions, while collaborating on asset strategies that enhance
capital efficiency and asset-liability alignment.

Malibu Life will leverage its strategic partnership with Third Point to
deliver differentiated asset origination and portfolio construction
capabilities designed to optimize capital, manage risk, and align assets with
long-duration liabilities.

A Managing Director at Third Point and Head of Insurance Solutions, Mr. Hou
brings significant experience in insurance asset management, structuring
insurance solutions, and building institutionally scaled platforms. His prior
roles at Blackstone and other leading financial institutions focused on
insurance portfolio management, corporate development, and M&A.

Leadership Positioned to Scale an Integrated Insurance and Reinsurance
Platform

“Malibu Life is entering its next phase of growth and strengthening our
executive bench is critical to that journey,” said Gary Dombowsky, Chief
Executive Officer. “Robert Pavleszek’s experience modernizing operating
platforms and driving profitable expansion, combined with Rob Hou’s deep
expertise in asset-intensive reinsurance and capital solutions, positions us
to accelerate execution across both our retail and institutional businesses.
Together, they enhance our ability to scale responsibly and deliver
sustainable value across our integrated insurance and reinsurance platform.”

About Us

Malibu Life Holdings Limited is a publicly traded insurance and reinsurance
platform listed on the London Stock Exchange. (LSE: MLHL). Its subsidiary
entity, Malibu Life Reinsurance SPC Ltd, partners with insurers by providing
capital-efficient, asset intensive reinsurance solutions and is expanding its
capabilities into direct annuity originations through strategic acquisitions.
The Company targets predictable, scalable growth in the rapidly expanding U.S.
fixed annuity market.

Media Contact:

Kekst CNC                          
             Richard Campbell
+44 7775 784 933
Elisabeth Heilbronner-Lahoud
+44 7779 867 219

Investor Relations                                           
                             +1 212-715-6707
ir@malibuinsurance.com

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