MICHAEL BAKER INTERNATIONAL, INC. (5)

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ENDORSEMENT NO. 25 AMEND SUBROGATION CLAUSE This Endorsement, effective at 12:01 a.m. on August 30, 2025, forms part of Policy No. 0312-4806 Issued to Michael Baker International, LLC Issued by Allied World Surplus Lines Insurance Company In consideration of the premium charged, it is hereby agreed that Section VIII. CONDITIONS, Subsection N. is deleted in its entirety and replaced as follows: N. SUBROGATION In the event of any payment under this Policy, the Company shall be subrogated to all the Insured's rights of recovery against any person or organization and the Insured shall execute and deliver instruments and papers and do whatever else is necessary to secure such rights. The Insured shall do nothing to prejudice such rights. The Company agrees to waive its right of subrogation against any entity or person for a Claim which is covered by this Policy to the extent that the Insured had, prior to such Claim having been made and reported to the Company, whichever is earliest, a written agreement to waive such rights. Any recoveries shall be applied first to subrogation expenses, second to Damages and Defense Expenses paid by the Company, and third in satisfaction of the Policy Deductible shown in Item 4. of the Declarations. Any additional amounts recovered shall be paid to the First Named Insured. All other terms,conditions and limitations of this Policy shall remain unchanged. Authorized Representative MB Manu P (08/2022) Page 1 of 2