Company: FRFXF
Filing Date: 2025-10-09
Form Type: F-10/A
Source: 0001104659-25-098335
Chunk: 18

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-10-09
Form: F-10/A
Chunk 18
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 the date of redemption. On or after the 2055 Par Call Date, the Company may redeem the 2055 Notes, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the 2055 Notes being redeemed, plus accrued and unpaid interest thereon to, but excluding, the date of redemption.

**Redemption for Tax Reasons:**

The Company may redeem, in whole, but not in part, the 2035 Notes and/or the 2055 Notes, in the event of certain changes in the tax laws of Canada that could require the Company to pay additional amounts as described under “Description of the Notes — Payment of Additional Amounts.” The redemption price would be equal to 100% of the principal amount of the 2035 Notes and/or the 2055 Notes, as applicable, together with accrued and unpaid interest and any additional amounts to, but excluding, the date of redemption. See “Description of the Notes — Redemption for Tax Reasons.”

**Restrictive Covenants:**

The Indenture (as defined herein) that will govern the Exchange Notes contains covenants that will among other things, limit our ability to:

•

until the Amendment Date (as defined herein), create liens on the capital stock of certain of our subsidiaries; and

•

enter into specific mergers or consolidations or convey, transfer or lease our properties and assets substantially as an entirety.

On February 26, 2021, the Company entered into a third supplemental indenture (the “

#### Third Supplemental Indenture
”) to the Indenture to eliminate or amend certain restrictive covenants of the Company contained in the Indenture. The Third Supplemental Indenture provides that the covenant described under “Description of the Notes — Certain Covenants — Limitation on Liens on Capital Stock of Restricted Subsidiaries” will be automatically eliminated effective as of the first date on which there are no securities outstanding of any series created pursuant to the Indenture prior to the date of the Third Supplemental Indenture that are entitled to the benefit of such covenants (the “

#### Amendment Date
”).

See “Description of the Notes — Certain Covenants.”

**Events of Default:**

The following constitute events of default with respect to the Exchange Notes under the Indenture: (a) a default for 30 days in the payment of any interest on any Note of such series