On January 4, 2023, Gregory Fortunoff submitted a letter to the Directors of Kingstone Companies, Inc. In the letter, Gregory Fortunoff stated that he would do whatever he has to do in order to protect the current investment and take actions that he believes are in the best interests of all shareholders. Gregory Fortunoff added that he stands ready to engage with the current management and Board regarding his request for board representation, while at the same time, he would be preparing for the proxy action that he believes would be necessary to effect meaningful and positive change.