Fairfax Launches C$300 Million Senior Notes Offering

Executive Summary

• Fairfax Financial Holdings Limited announced its intention to issue an additional C$300 million in aggregate principal amount of its 4.40% Senior Notes due 2036.
• The notes will be priced at C$98.991 per C$100 principal amount plus accrued interest, with net proceeds allocated for general corporate purposes, including potential debt refinancing or strategic acquisitions.
• The offering is expected to close on or about June 19, 2026, and will be managed by a syndicate of dealers led by BMO Nesbitt Burns Inc.

Key Details

• Aggregate Principal Amount: C$300 million
• Interest Rate: 4.40% per annum (fixed)
• Issue Price: C$98.991 per C$100 principal amount, plus accrued interest
• Maturity: Due 2036
• Security Status: Unsecured obligations of Fairfax Financial Holdings Limited
• Existing Notes Context: Will form part of the same series as the currently outstanding C$400 million of 4.40% Senior Notes due 2036, sharing identical terms except for the issue date and offering price
• Lead Underwriter/Bookrunner: BMO Nesbitt Burns Inc.
• Syndicate Agents: Scotia Capital Inc., CIBC World Markets Inc., Merrill Lynch Canada Inc., National Bank Financial Inc., RBC Dominion Securities Inc., TD Securities Inc., Citigroup Global Markets Canada Inc., Desjardins Securities Inc., J.P. Morgan Securities Canada Inc., Mizuho Securities Canada Inc., and Morgan Stanley Canada Limited
• Use of Proceeds: General corporate purposes, which may include refinancing, repayment, or redemption of outstanding debt, equity, or other corporate obligations, and/or pursuing potential acquisition or investment opportunities
• Expected Closing Date: On or about June 19, 2026, subject to customary conditions
• Regulatory Framework: Offered under Fairfax’s base shelf prospectus dated November 3, 2025, supplemented by a prospectus supplement to be filed with Canadian securities regulators; documents accessible via SEDAR+