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.

Nakama Re Ltd. US$200,000,000 Series 2020-1 Class 1 Principal-At-Risk Variable Rate Notes Due 14 January, 2025; pursuant to the Nakama Re Ltd. Principal At-Risk Variable Rate Note Program