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We consent to the incorporation by reference in the Post-Effective Amendment No. 1 to Form S-8 No. 333-245008 of Ambac Financial Group, Inc., pertaining to the Incentive Compensation Plan and the 2020 Incentive Compensation Plan of Ambac Financial Group, Inc. of our report dated August 2, 2024, relating to the consolidated financial statements of Beat Capital Partners Limited as of and for the years ended December 31, 2023 and 2022, included in Ambac Financial Group, Inc.’s Current Report on Form 8-K, filed with the U.S. Securities and Exchange Commission on August 2, 2024.