Group 1 - SCOR SE has launched a cash tender offer to purchase its EUR 600 million Fixed to Reset Rate Subordinated Notes due June 2046, with a maximum acceptance amount of EUR 500 million [1][2][4] - The company intends to issue new Euro-Fixed to Floating Rate Subordinated Notes, which will be eligible as Tier 2 regulatory capital under Solvency II, with proceeds used for general corporate purposes and to finance the tender offer [2][4] - The tender offer will take place from September 2, 2025, to September 8, 2025, and results will be announced shortly after the expiration [3][4] Group 2 - A priority allocation mechanism for the new notes may be applied for holders of existing notes who participate in the tender offer [3] - The tender offer and the issuance of new notes are part of the company's proactive management of its financing structure [4]