SCHEDULE 13G 0000351040 XXXXXXXX LIVE Common Stock, par value $0.01 per share 09/30/2024 0002002473 Bowhead Specialty Holdings Inc. 10240L102 452 5TH AVENUE 24TH FLOOR NEW YORK NY 10018 Rule 13d-1(d) AMERICAN FAMILY MUTUAL INSURANCE COMPANY, S.I. b WI 0.00 6063046.00 0.00 6063046.00 6063046.00 18.6 IC The percent of class was calculated based on 32,658,823 shares of common stock outstanding as of August 8, 2024, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 8, 2024. American Family Insurance Mutual Holding Co b WI 0.00 6063046.00 0.00 6063046.00 6063046.00 18.6 IC The percent of class was calculated based on 32,658,823 shares of common stock outstanding as of August 8, 2024, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 8, 2024. AmFam Holdings, Inc. b WI 0.00 6063046.00 0.00 6063046.00 6063046.00 18.6 CO (1) The percent of class was calculated based on 32,658,823 shares of common stock outstanding as of August 8, 2024, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 8, 2024. Bowhead Specialty Holdings Inc. 452 5TH AVENUE, 24TH FLOOR, NEW YORK, NEW YORK, 10018. (i) American Family Mutual Insurance Company, S.I., a Wisconsin stock insurance corporation ("AFMIC"); (ii) AmFam Holdings, Inc., a Wisconsin business corporation ("Holdings"); and (iii) (iii) American Family Insurance Mutual Holding Company, a Wisconsin mutual insurance holding company (?Parent? and together with AFMIC and Holdings, the ?Reporting Persons?). AFMIC is the direct holder of the securities listed in this Schedule 13G and a wholly owned subsidiary of Holdings, which is a wholly owned subsidiary of Parent. Accordingly, Holdings and Parent may each be considered a beneficial owner of the shares of common stock owned directly by AFMIC. 6000 American Parkway Madison WI 53783 United States Y 6063046 18.6 0 6063046 0 6063046 Y N Y Y N GPC Partners Investments (SPV III) LP ("GPC") and AFMIC are parties to a Voting Agreement, dated May 22, 2024, and accordingly the Reporting Persons and GPC may be deemed to be members of a "group," as defined in Rule 13d-5 of the Act. The share ownership reported herein does not include any shares of the common stock owned by GPC, and the Reporting Persons disclaim membership in a group with GPC and beneficial ownership of any shares of the common stock owned by GPC to the extent GPC and the Reporting Persons may be deemed to be members of a group. Y Y AMERICAN FAMILY MUTUAL INSURANCE COMPANY, S.I. /s/ Troy Van Beek 11/12/2024 American Family Insurance Mutual Holding Co /s/ Troy Van Beek 11/12/2024 AmFam Holdings, Inc. /s/ Troy Van Beek 11/12/2024