• ClearView will issue A$120 million subordinated, unsecured notes
• Proceeds will be used to meet general funding and capital requirements, including to fund Tier 2 Capital of ClearView Life Assurance Limited
• Notes may Convert into Ordinary Shares on the occurrence of a Non-Viability Trigger Event

ClearView Wealth Limited (ClearView) will today issue A$120 million subordinated, unsecured notes (Subordinated Notes). The proceeds of the issuance will be used to meet general funding and capital requirements, including to fund Tier 2 Capital of ClearView Life Assurance Limited, ClearView's wholly-owned life insurer. The terms and conditions of the Subordinated Notes are described in the Information Memorandum dated 24 March 2025. The Subordinated Notes may Convert into Ordinary Shares of ClearView on the occurrence of a Non-Viability Trigger Event. The number of Ordinary Shares issued on Conversion is variable, but is limited to the Maximum Conversion Number. ClearView has elected to give this notice under section 708A(12H)(e) of the Corporations Act to enable the Ordinary Shares issued on Conversion to be sold without disclosure. The Subordinated Notes are only intended for wholesale investors.