Fixed Rate Loan. An amortizing loan with remaining principal of $250,000 is fully prepaid with 24 months remaining until maturity. An Initial Prepayment Reference Rate of 9.0% was assigned to the loan when the loan was made. The Final Prepayment Reference Rate (as determined by the current 24-month U.S. Treasury rate on Page 119 of Telerate) is 7.5%. Rates therefore have dropped 1.5% since the loan was made and a prepayment fee applies. A prepayment fee factor of 1.3 is determined from Table 1 below and the prepayment fee is computed as follows: Prepayment Fee = (0.09-0.075) × (1.3) × ($250,000) = $4,875 PREPAYMENT FEE FACTOR SCHEDULE TABLE I: FULLY AMORTIZING LOANS Months Remaining To Maturity/Repricing1 Proportion of Remaining Principal Amount Being Prepaid 0 3 6 9 12 24 36 48 60 84 120 240 360 90-100% 0 .21 .36 .52 .67 1.3 1.9 2.5 3.1 4.3 5.9 10.3 13.1 60-89% 0 .24 .44 .63 .83 1.6 2.4 3.1 3.9 5.4 7.5 13.2 17.0 30-59% 0 .28 .53 .78 1.02 2.0 3.0 4.0 5.0 7.0 9.9 18.5 24,4 0-29% 0 .31 .63 .92 1.22 2.4 3.7 5.0 6.3 9.0 13.4 28.3 41.8 TABLE II: PARTIALLY AMORTIZING (BALLOON) LOANS Months Remaining To Maturity/Repricing1 Proportion of Remaining Principal Amount Being Prepaid 0 3 6 9 12 24 36 48 60 84 120 240 360 90-100% 0 .26 .49 .71 .94 1.8 2.7 3.4 4.2 5.6 7.4 11.6 14.0 60-89% 0 .30 .59 .86 1.15 2.2 3.3 4.3 5.3 7.1 9.4 15.0 18.1 30-59% 0 .31 .63 .95 1.27 2.6 3.9 5.3 6.6 9.1 12.6 21.2 26.2 0-29% 0 .31 .63 .95 1.27 2.6 4.0 5.4 7.0 10.2 15.7 33.4 46.0 TABLE III: NONAMORTIZING (INTEREST ONLY) LOANS Months Remaining To Maturity/Repricing1 Proportion of Remaining Principal Amount Being Prepaid 0 3 6 9 12 24 36 48 60 84 120 240 360 0-100% 0 .31 .61 .91 1.21 2.3 3.4 4.4 5.3 6.9 8.9 13.0 14.8 1 For the remaining period to maturity/repricing between any two maturities/repricings shown in the above schedules, interpolate between the corresponding factors to the closest month. The holder of this noteis not required to actually reinvest the prepaid principal in any U.S. Government Treasury Obligations, or otherwise prove its actual loss, as a condition to receiving a prepayment fee as calculated above. QuickLinks

Fixed Rate Loan. The Member may at any time reimburse the loan before maturity in part or in full, provided however that it pays to the Caisse a penalty equal to the greater of: • an amount equal to three months' interest on the amount prepaid, at the interest rate then applicable to the loan; or; • an amount equal to the interest calculated on the amount prepaid, until the loan term expiry date, at an interest rate corresponding to the difference between: (i) the interest rate then applicable to the loan and (ii) the rate of return of fixed-term Government of Canada bonds with a term ofone year if, at the time of the payment, less than 24 months are left before the loan term expires, 2 years if from 24 to less than 36 months are left, 3 years if from 36 to less than 48 months are left, 4 years if from 48 to less than 60 months are left, 5 years if 60 months or over are left. The rates of return of the said bonds are those established, on the date of prepayment, by the Bloomberg pricing system or, failing that, by another system or entity chosen by the Fédération des caisses Xxxxxxxxxx du Québec. They are quoted on the Internet site of Desjardins Group. However, if the payment is made less than three months before the loan term expires, the penalty shall not exceed the interest at the rate then applicable to the loan, reckoned on the amount prepaid from the date of the prepayment to the loan term expiry date. ☐ variable rate loan: The Member may at any time reimburse the loan before maturity in part or in full, provided however that it pays to the Caisse a penalty equal to three months' interest on the amount prepaid, at the interest rate then applicable to the loan. However, if the payment is made less than three months before the loan term expires, the penalty shall not exceed the interest at the rate then applicable to the loan, reckoned on the amount prepaid from the date of the prepayment to the loan term expiry date.