Company: FRFXF
Filing Date: 2025-10-01
Form Type: F-10
Source: 0001104659-25-095645
Chunk: 58

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-10-01
Form: F-10
Chunk 58
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 our audited consolidated financial statements as of and for the years ended December 31, 2024 and 2023 and note 15 to our unaudited interim consolidated financial statements as of and for the three and six months ended June 30, 2025, incorporated by reference in this short form prospectus.

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TABLE OF CONTENTS

EARNINGS COVERAGE RATIOS The following consolidated financial ratios are calculated for the twelve-month periods ended June 30, 2025 and December 31, 2024. The “As Adjusted” ratio for the twelve months ended June 30, 2025 gives effect as of July 1, 2024 to: (i) the Company’s issuance on August 14, 2025 of Cdn$700.0 million principal amount of the 2025 Canadian Senior Notes; (ii) the redemption on September 30, 2025 of all of the Company’s outstanding (1) Series G Preferred Shares and (2) Series H Preferred Shares, at a redemption price of Cdn$25.00 per share, for an aggregate total amount of Cdn$250 million (approximately $179.6 million); and (iii) the Exchange Offers. The “As Adjusted” ratio for the twelve months ended December 31, 2024 gives effect as of January 1, 2024 to: (i) the redemption on March 31, 2025 of all of the Company’s outstanding (1) cumulative 5-Year Rate Reset Preferred Shares, Series E, (2) cumulative Floating Rate Preferred Shares, Series F, and (3) cumulative 5-Year Rate Reset Preferred Shares, Series M, at a redemption price of Cdn$25.00 per share, for an aggregate total amount of Cdn$418.5 million ($290.8 million); (ii) the Company’s issuance on May 20, 2025 of $500.0 million principal amount of the 2035 Initial Notes and $400.0 million principal amount of the 2055 Initial Notes; (iii) the Company’s issuance on August 14, 2025 of Cdn$700.0 million principal amount of the 2025 Canadian Senior Notes; (iv) the redemption on September 30, 2025 of all of the Company’s outstanding (1) Series G Preferred Shares and (2) Series H Preferred Shares, at a redemption price of Cdn$25.00 per share, for an aggregate