Meadows Ltd. is a Bermuda exempted company. The Issuer is not, and does not intend to become, a licensed insurance or reinsurance company in Bermuda, any state of the United States or in any jurisdiction. The Issuer was incorporated under the laws of Bermuda on October 16, 2025 with registration number 202505157.

Meadows Ltd US$50,000,000 - Series 2025-1 Class B Principal At-Risk Variable Rate Notes due December 7, 2029