X0306 4 2018-02-28 0 0000875159 XL GROUP LTD XL 0001368251 Romann Gould Kirstin ONE BERMUDIANA ROAD HAMILTON D0 HM 08 BERMUDA 0 1 0 0 General Counsel & Secretary XL Common Shares 2018-02-28 4 A 0 4500 0.00 A 88508 D XL Common Shares 2018-02-28 4 F 0 459 42.31 D 88049 D XL Common Shares 2018-02-28 4 A 0 500 0.00 A 88049 D XL Common Shares 2018-02-28 4 F 0 51 42.31 D 87998 D XL Common Shares 2018-02-28 4 M 0 2264 0.00 A 90262 D XL Common Shares 2018-02-28 4 M 0 51 0.00 A 90313 D Employee Stock Option (Right to buy) 42.31 2018-02-28 4 A 0 21277 0.00 A 2028-02-28 Common Shares 21277 21277 D Restricted Stock Units 2018-02-28 4 A 0 5200 0.00 A Common Shares 5200 5200 D Restricted Stock Units 2018-02-28 4 M 0 2264 D Common Shares 2264 4528 D Dividend Equivalent Rights 2018-02-28 4 M 0 51 D Common Shares 51 102.25 D The acquisition reported represents 2008 Performance Restricted Shares that were not previously vested but which had voting rights, and which therefore had previously been included in the number of shares reported in Column 5. Shares acquired in relation to the 2017 restricted stock unit award vesting. Each restricted stock unit represents a contingent right to receive one XL common share. Shares acquired in relation to the 2017 dividend equivalent unit award vesting. Settlement of dividend equivalent rights in connection with vesting of restricted stock units. The rights accrued when and as dividends were paid on XL common stock. Each dividend equivalent right is the economic equivalent of one share of XL common stock. Exercisable in three equal annual installments commencing on the first anniversary of the grant. Restricted stock units granted on February 28, 2018 vest in three equal annual installments on each anniversary of the grant date (February 28, 2019, 2020 and 2021), provided the reporting person's employment continues through such vesting dates. Restricted stock units granted on February 28, 2017 vest in three equal annual installments on each anniversary of the grant date (February 28, 2018, 2019 and 2020), provided the reporting person's employment continues through such vesting dates. Hannah Orowitz, Attorney-in-Fact for Kirstin Gould 2018-03-02