Nakama Re Ltd. is a company incorporated as an exempted company under the laws of Bermuda on 30 July 2013 under company number 48012 with registered office address at Canon’s Court, 22 Victoria Street, Hamilton HM12, Bermuda. The company is registered by the Bermuda Monetary Authority as a Special Purpose Insurer on 26 August 2013 under the Bermuda Insurance Act 1978, as amended.

USD$150,000,000 Series 2014-1 Class 1 Principal-at-Risk Variable Rate Notes due 13 April 2018 are exposed to the peril of Earthquake affecting the Covered Territory on a per occurrence basis during the Loss Occurrence Period.