SIGI Selective Insurance Group Inc

On December 9, 2020, Selective Insurance Group, Inc. (the “Company”) closed the public offering of 8,000,000 depositary shares (the “Depositary Shares”), each representing a 1/1,000th interest in a share of its 4.60% Non-Cumulative Preferred Stock, Series B, without par value and $25,000 liquidation preference per share (equivalent to $25.00 per depositary share) (the “Series B Preferred Stock”) (such offering and sale, the “Offering”). Under the terms of the Series B Preferred Stock, the ability of the Company to declare or pay dividends on, or purchase, redeem or otherwise acquire, shares of its common stock or any shares of the Company that rank junior to, or on parity with, the Series B Preferred Stock will be subject to certain restrictions in the event that the Company does not declare and pay (or set aside) dividends on the Series B Preferred Stock for the last preceding dividend period. The terms of the Series B Preferred Stock, including such restrictions, are more fully described in the Certificate of Amendment of the Restated Certificate of Incorporation of the Company (the “Amendment”), a copy of which is attached as Exhibit 3.2 to the Company’s Registration Statement on Form 8-A, filed with the Securities and Exchange Commission (the “Commission”) on December 8, 2020, and which is incorporated herein by reference.