Puerto Rico Parametric Re Ltd. is a Bermuda exempted company limited by shares and registered as a special purpose insurer under the Insurance Act 1978, and related rules and regulations (the “Insurance Act”). The Issuer is not, and does not intend to become, a registered or licensed insurance or reinsurance company in any state of the United States or in any jurisdiction other than Bermuda. The Issuer was incorporated under the laws of Bermuda on April 17, 2024, with registration number 202403396.

Puerto Rico Parametric Re Ltd. Principal At-Risk Variable Rate Note Program