Transaction Details

Footnotes

Represents restricted share units ("RSUs") granted on March 13, 2025 by the compensation committee of the board of directors (the "Compensation Committee") of Burford Capital Limited (the "Company") under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan (the "2025 Omnibus Incentive Compensation Plan"), subject to shareholder approval of the 2025 Omnibus Incentive Compensation Plan, which was obtained on May 14, 2025. The RSUs vest in equal installments with (i) the first installment vesting on March 22, 2026, (ii) the second installment vesting on March 22, 2027 and (iii) the third installment vesting on March 15, 2028, in each case, subject to Ms. O'Connell's continued employment through such dates. | (CONTINUED FOOTNOTE) Notwithstanding the foregoing, upon Ms. O'Connell becoming retirement eligible on August 22, 2025, subject to her continued employment through such date, the RSUs vest in full, with settlement to occur in accordance with the ordinary vesting schedule. Each RSU represents a contingent right to receive one ordinary share, no par value, of the Company ("Ordinary Share"). | The transactions reported in this Form 4 do not include transactions reported separately by Christopher Bogart, the reporting person's spouse, who is also an executive officer of the Company. | Represents performance-based RSUs ("PSUs") granted on March 13, 2025 by the Compensation Committee under the 2025 Omnibus Incentive Compensation Plan, subject to shareholder approval of the 2025 Omnibus Incentive Compensation Plan, which was obtained on May 14, 2025. The PSUs vest on the third anniversary of the grant date, at a level (if at all) determined based upon achievement of either of the applicable relative total shareholder return-based goals measured based on the Company's performance either (i) over the five-year period ending on the final day of the applicable performance period or (ii) annually for each year of the three-year performance period, subject to Ms. O'Connell's continued employment through such dates. | (CONTINUED FOOTNOTE) Notwithstanding the foregoing, upon Ms. O'Connell becoming retirement eligible on August 22, 2025, subject to her continued employment through such date, the service-based vesting component of the PSUs will be deemed satisfied, with settlement to occur (if at all) in accordance with the ordinary vesting schedule. Each PSU represents a contingent right to receive one Ordinary Share.