Coupon: [●]% per annum, payable semi-annually in arrear on 24 June & 24 December each year, commencing on 24-Dec-26 to and including the Maturity Date
Early Redemption: Clean Up Call (75%), 3 Month Par Call (at any time in the 3 (three) months prior to the Maturity Date)
Governing Law: The Notes, and any non-contractual obligations arising out of or in connection with them, will be governed by English law. The guarantee will be governed by Swiss law
Business Day: New York + London
Business Convention / Day Count: Following (unadjusted), 30/360
Documentation: Zurich EMTN Base Prospectus dated 19-May-26
Form: Reg S / Bearer
Joint Lead Managers: Citi (B&D), HSBC, UBS
Sales Restrictions: Reg. S Category 2, TEFRA D. Any sales of the Notes must be made in compliance with all applicable selling restrictions and as per the prospectus, in particular in Switzerland (no public offer), U.S., EEA, UK, Ireland, Japan, Singapore, Australia, Belgium and Canada
Target Market: Manufacturer target market (MIFID II product governance and UK MIFIR product governance rules) is eligible counterparties and professional clients only (all distribution channels).
PRIIPs/ UK CCI: No EEA PRIIPs key information document (KID) or disclosure document required by the FCA Product Disclosure Sourcebook has been prepared as not available to retail in EEA or the UK
Issuer LEI: 549300E0FVHYR37EGX65
Settlement: Euroclear
ISIN: XS3418658756
Use of Proceeds: The net proceeds will be used for general corporate purposes including potential refinancing of existing debt of the Zurich Insurance Group