Integrity Re III Ltd. (“Issuer”), a Bermuda exempted company limited by shares registered as a special purpose insurer under the Insurance Act. The Issuer is not, and does not intend to become, a 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 January 21, 2025, with registration number 202504446.

Integrity Re III Ltd. US$100,000,000 - Series 2025-1 Class A-2 Principal At-Risk Variable Rate Notes due June 6, 2028