Queen Street XI Re dac (“Issuer”) is an Irish designated activity company limited by shares authorized by the Central Bank as a special purpose reinsurance vehicle in Ireland. The Issuer was incorporated under the Companies Acts 2014 (the “2014 Act”) as a single member designated activity company (dac) under the laws of Ireland on October 12, 2015 under company number 569768.

The Principal-at-Risk Variable Rate Notes due 7 June 2019 are exposed to Australia Earthquake Events and Australia Cyclone Events on a per occurrence basis during the Risk Period.