Argo Group 7.00% Resettable Fixed Rate Preference Shares

Argo Limited was acquired by Brookfield Reinsurance on 11/16/2023

Coupon will be fixed at 7% until 8/15/2025 after which the coupon will reset at the rate of the 5 year treasury plus a spread of 6.721%. To be reset every 5 years thereafter

Ticker: ARGO-A

Parent Ticker: ARGO

OTC Grey Market Temporary Ticker: AFGHF

Issuance Date: 07/07/2020

1st Call Date: 09/15/2025

Maturity Date: None

Shares Issued: 6,000,000

Overallotment Shares: 0

Coupon: 7.00%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.4375

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: BB

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NR

Fitch Rating: NR

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