Fédération des caisses Desjardins du Québec (the “Federation”) filed a short-form base shelf prospectus dated March 31, 2025, qualifying the issuance of up to $2 billion in principal amount of medium-term Notes over a 25-month period. These principal-at-risk structured Notes may be linked to equities, indices, funds, or interest rates, and are designed to offer tailored investment exposure to both institutional and retail investors. The Notes may be offered through a syndicate of dealers including Desjardins Securities Inc., BMO Nesbitt Burns Inc., iA Private Wealth Inc., Laurentian Bank Securities Inc., Manulife Wealth Inc., National Bank Financial Inc., Raymond James Ltd., and Wellington-Altus Private Wealth Inc. Dealers may act as agents, underwriters, or principals, and resale pricing may vary by purchaser.

Proceeds will support the Federation's role as treasurer and financial agent of Desjardins Group, including financing and banking services for institutional clients and Desjardins member entities. The funds may also be used to hedge obligations under the Notes via derivative strategies. The Notes are not deposit-insured, and unless otherwise stated in a pricing supplement, repayment of principal is not guaranteed except for a minimum of 1%, exposing investors to substantial risk of loss.

Legal advisors on the offering were McCarthy Tétrault LLP for the Federation and Fasken Martineau DuMoulin LLP for the dealers.