X0306 4 2020-11-16 0 0001273813 ASSURED GUARANTY LTD AGO 0001724439 Chow Ling 30 WOODBOURNE AVENUE HAMILTON D0 HM08 BERMUDA 0 1 0 0 General Counsel and Secretary Common Shares 2020-11-16 4 M 0 3898 21.88 A 91338 D Common Shares 2020-11-16 4 F 0 3312 32.28 D 88026 D Option to Acquire Common Shares 21.88 2020-11-16 4 M 0 3898 0.00 D 2021-02-05 Common Shares 3898 0 D Represents payment of the exercise price and withholding taxes of an employee stock option through the attestation of previously owned shares. The price is equal to the fair market value of the Common Shares on the date of exercise and is used to determine the value of the shares delivered to the Company by attestation of previously owned shares in payment of the exercise price and withholding taxes. These options vested: 1/3 on February 5, 2015, 1/3 on February 5, 2016 and 1/3 on February 5, 2017. All options of this tranche have been exercised. Total does not include 9,296 performance share units of various tranches. /s/ Ling Chow 2020-11-18