Merna Re Companywide Ltd. (the “Issuer”), a Bermuda exempted company limited by shares registered as a special purpose insurer under the Insurance Act 1978 of Bermuda and related rules and regulations, each as amended (the “Insurance Act”), and owned by a Bermuda purpose trust. The Issuer was incorporated under the laws of Bermuda on March 24, 2025.

Merna Re Companywide Ltd Principal At-Risk Variable Rate Note Program