Aquila Re I Ltd (the “Issuer”), a Bermuda exempted company limited by shares registered as a special purpose insurer under the Bermuda Insurance Act 1978 and related rules and regulations, each as amended. The Issuer was incorporated on February 28, 2023.

Aquila Re I Ltd. US$100,000,000 - Series 2024-1 Class B-1 Principal At-Risk Variable Rate Notes due June 7, 2027