Company: FRFXF
Filing Date: 2025-10-01
Form Type: F-10
Source: 0001104659-25-095645
Chunk: 139

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-10-01
Form: F-10
Chunk 139
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 into account or anticipate any other changes in law, whether by judicial, governmental or legislative action or decisions, or any changes in the CRA’s administrative policies and assessing practices, nor does it take into account provincial, territorial or foreign tax legislation or considerations which may differ significantly from those discussed herein.

This summary is of a general nature only and is not intended to be, and should not be construed to be, legal or tax advice to any particular holder of the Notes. Holders of the Notes should consult their own tax advisors as to the tax consequences to them of acquiring, holding and disposing of the Notes in their particular circumstances, including the application and effect, if any, of the income and other tax laws of any province, territory, state or local tax authority or foreign jurisdiction.

For the purposes of the Canadian Tax Act, the exchange of the Initial Notes for the Exchange Notes pursuant to the Exchange Offer should not constitute a taxable transaction.

Amounts paid or credited, or deemed to be paid or credited, as, on account or in lieu of payment of, or in satisfaction of, the principal of the Exchange Notes or premium, discount or interest on the Exchange Notes by the Company to a Non Resident Holder, including in respect of a redemption of the Exchange Notes, will be exempt from Canadian withholding tax.

No other taxes on income (including taxable capital gains) will be payable under the Canadian Tax Act by a Non Resident Holder in respect of the ownership or disposition of the Exchange Notes.

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### PLAN OF DISTRIBUTION
The Company issued $500.0 million principal amount of 2035 Initial Notes and $400.0 million principal amount of 2055 Initial Notes on May 20, 2025, pursuant to a private offering that was underwritten by BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Mizuho Securities USA LLC. If all the conditions of the applicable Exchange Offer(s) are satisfied, the Company will exchange all Initial Notes of the applicable that are validly tendered and not validly withdrawn for an equal principal amount of Exchange Notes of such series that have been registered under the Securities Act.

Any broker-dealer that resells or transfers Exchange Notes in the United States that were received by it for its own account pursuant to an Exchange Offer in exchange for Initial Notes acquired by such broker-dealer as a result of market-making or other trading activities and any broker or dealer that participates in a distribution of such Exchange