Notice to the holders of the €600,000,000 Fixed to Reset Rate Subordinated Notes (of which €282,900,000 remain outstanding) issued by SCOR SE on 7th December 2015 ISIN: FR0013067196 Common Code: 133221492
Paris, 17 April 2026
Reference is made to the €600,000,000 Fixed to Reset Rate Subordinated Notes (ISIN: FR0013067196) of which €282,900,000 remain outstanding (the "Notes") issued by SCOR SE (the "Issuer" or "SCOR") on 7th December 2015.
SCOR today announces its decision to redeem all outstanding Notes pursuant to Condition 6.2 (Optional Redemption) and Condition 6.10 (Conditions to Redemption and Purchase) of the terms and conditions of the Notes described in the prospectus dated 3 December 2015 (the "Terms and Conditions of the Notes").
SCOR has received the prior approval of the French Autorité de contrôle prudentiel et de résolution (ACPR) to proceed with the redemption of the Notes.
Capitalized terms used but not defined in this notice shall have the same meaning as ascribed to them in the Terms and Conditions.
The Notes will be redeemed on 8th June 2026 (the "Early Redemption Date") at the Base Call Price equal to the Principal Amount of the Notes and any accrued and unpaid interest and any Arrears of Interest (including any Additional Interest Amounts thereon) up to the Early Redemption Date, amounting in the aggregate to an amount of €103,000 per Note of €100,000 principal amount.
In accordance with Condition 6.9 (Cancellation) of the Terms and Conditions of the Notes, all Notes so redeemed will be cancelled.
The Fiscal Agent, Principal Paying Agent and Calculation Agent designated in the Terms and Conditions remain unchanged although it changed its new legal name which as follows:
BNP PARIBAS - SECURITIES SERVICES BUSINESS9, rue du Débarcadère 93500 Pantin
France