IN THE HIGH COURT OF JUSTICE

CR-2025-000938

BUSINESS AND PROPERTY

COURTS OF ENGLAND AND WALES

COMPANIES COURT (CH D)

IN THE MATTER OF IRB-BRASIL RESSEGUROS S.A.

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IN THE MATTER OF COMMUNITY REINSURANCE CORPORATION LIMITED

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IN THE MATTER OF THE FINANCIAL SERVICES AND MARKETS ACT 2000

NOTICE IS HEREBY GIVEN that on 29 August 2025, IRB-Brasil Resseguros S.A ("IRB") and Community Reinsurance Corporation Limited ("CRCL") applied to the High Court of England and Wales (the "Court") for an Order under Section 111(1) of the Financial Services and Markets Act 2000 ("FSMA") sanctioning a scheme (the "Scheme") providing for the transfer of the entire business of the UK branch of IRB (the "Transferring Business") to CRCL and making ancillary provisions in connection with the Scheme under Sections 112 of FSMA (the "Application").

The Scheme, if sanctioned by the Court, will transfer all the contracts, property, assets and liabilities relating to the Transferring Business to CRCL.

Copies of the report on the terms of the Scheme prepared by an Independent Expert in accordance with section 109(1) of FSMA and of a statement setting out the terms of the Scheme and containing a summary of the independent expert's report, and a copy of the full Scheme document, may be obtained free of charge on the dedicated website for the Scheme at http://communityre.co.uk. Supporting documents and any further news about the Scheme will be posted on this website so you may wish to check for updates. You can also request free copies of any of these documents by contacting CRCL using the contact details below.

All questions or concerns relating to the Scheme should be referred to Community Reinsurance Corporation Limited using the following telephone number, address or email address:

· Telephone: +44 20 4604 1344 The line will be open from 09:00 to 17:30 (UK time), Monday to Friday (excluding bank holidays)

· Address: Community Reinsurance Corporation Limited, 8th Floor, 1 Southampton Street, London, United Kingdom, WC2R 0LR

· Email: PartVIITransfer@communityre.co.uk

The Application is expected to be heard on or after 5 December 2025 by a Judge of Business and Property Court, Companies Court (ChD) at The Rolls Building, Fetter Lane, London, EC4A 1NL. If approved by the Court, it is currently proposed that the Scheme will take effect on 6 December 2025 after the Court hearing.

It is requested that anyone intending to attend the hearing (whether in person or via a representative), informs IRB and CRCL in writing via the contact details set out above as soon as possible and preferably before 24 November 2025 and set out the nature of any objection they may have. This will enable IRB and CRCL to provide notification of any changes to the hearing (including any details that are necessary to attend the hearing remotely) and, where possible, to address any concerns raised in advance of the hearing.

Clyde & Co LLP

The St Botolph Building 138, Houndsditch, London, EC3A 7AR

Solicitors to Community Reinsurance Corporation Limited.