On May 2, 2024, Shengying Yu, serving as the AVP and Controller of MBIA Inc., filed an Initial Statement of Beneficial Ownership of Securities with the U.S. Securities and Exchange Commission (SEC), as required under Section 16(a) of the Securities Exchange Act of 1934. The Form 3 filing indicated that Yu did not beneficially own any MBIA common stock at the time of the report. Additionally, on May 6, 2024, Yu executed a Power of Attorney, appointing William J. Rizzo, Gary A. Saunders, and Mayra Lozada as attorneys-in-fact to perform acts necessary for SEC compliance, including the execution and filing of Forms 3, 4, and 5. The Power of Attorney is to remain in effect until Yu is no longer required to file these forms or until it is revoked.

On May 2, 2024, Shengying Yu, serving as the AVP and Controller of MBIA Inc., filed an Initial Statement of Beneficial Ownership of Securities with the U.S. Securities and Exchange Commission (SEC), as required under Section 16(a) of the Securities Exchange Act of 1934. The Form 3 filing indicated that Yu did not beneficially own any MBIA common stock at the time of the report. Additionally, on May 6, 2024, Yu executed a Power of Attorney, appointing William J. Rizzo, Gary A. Saunders, and Mayra Lozada as attorneys-in-fact to perform acts necessary for SEC compliance, including the execution and filing of Forms 3, 4, and 5. The Power of Attorney is to remain in effect until Yu is no longer required to file these forms or until it is revoked.