Eagle Credit Card Trust® has filed a final base shelf prospectus dated March 20, 2025, qualifying the issuance of up to $1.5 billion of credit card receivables-backed notes over a 25-month period. The receivables underpinning the notes are originated under President’s Choice Bank’s (PC Bank) credit card program. The offering structure allows the Trust to issue one or more series or classes of notes, publicly or privately, in Canada, as market conditions and funding needs dictate. Each issuance will be accompanied by a prospectus supplement outlining the specific terms, including principal amounts, interest rates, maturities, and structural features.

The proceeds from any offering will be used for general purposes related to the securitization program. The notes will be direct, unsecured obligations of the Trust and backed exclusively by collections on the underlying receivables.

The offering is subject to approval of legal matters on behalf of the Trust and PC Bank by Torys LLP and on behalf of the dealers by Stikeman Elliott LLP. The dealers participating in this program include BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., Desjardins Securities Inc., National Bank Financial Inc., Scotia Capital Inc., and TD Securities Inc.