Progressive Corporation

EX-4.1 3 d47915dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 THE PROGRESSIVE CORPORATION and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee FIFTH SUPPLEMENTAL INDENTURE 4.60% Senior Notes due 2031 5.15% Senior Notes due 2036 THIS FIFTH SUPPLEMENTAL INDENTURE, dated as of March 26, 2026, between THE PROGRESSIVE CORPORATION, an Ohio corporation (the “Issuer”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as successor in interest to U.S. Bank National Association, in its capacity as Trustee. W I T N E S S E T H: WHEREAS, the Issuer entered into an Indenture dated as of September 12, 2018 (as supplemented from time to time, the “Indenture”), with the U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, in its capacity as Trustee, pursuant to which the Issuer may from time to time issue its unsecured debentures, notes and other evidences of indebtedness in one or more series; and WHEREAS, Article Eight of the Indenture provides for various matters with respect to any series of Securities issued under the Indenture to be established in an indenture supplemental to the Indenture; a…

EX-4.2 4 d47915dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 (Face of Security) This Security is a Global Security within the meaning of the Indenture hereinafter referred to and is registered in the name of The Depositary Trust Company, a New York corporation (“DTC”) or a nominee of DTC. This Security is exchangeable for Securities registered in the name of a person other than DTC or its nominee only in limited circumstances described in the Indenture, and may not be transferred except as a whole by DTC to a nominee of DTC, by a nominee of DTC to DTC or another nominee of DTC or by DTC or any such nominee to a successor depository or a nominee of such a successor depository. REGISTERED NO. R-[ ] $[ ] CUSIP No. 743315 BC6 THE PROGRESSIVE CORPORATION 4.60% SENIOR NOTE DUE 2031 THE PROGRESSIVE CORPORATION, an Ohio corporation (the “Issuer”), for value received, hereby promises to pay to CEDE & Co., c/o The Depository Trust Company, 55 Water Street, New York, New York 10041 or registered assigns, at the office or agency of the Issuer at the office of the Trustee in Boston, Massachusetts, the principal sum of [   ] ($[   ]) on March 26, 2031 (the “Maturity Date”), in such coin…

EX-4.3 5 d47915dex43.htm EX-4.3 EX-4.3 Exhibit 4.3 (Face of Security) This Security is a Global Security within the meaning of the Indenture hereinafter referred to and is registered in the name of The Depositary Trust Company, a New York corporation (“DTC”) or a nominee of DTC. This Security is exchangeable for Securities registered in the name of a person other than DTC or its nominee only in limited circumstances described in the Indenture, and may not be transferred except as a whole by DTC to a nominee of DTC, by a nominee of DTC to DTC or another nominee of DTC or by DTC or any such nominee to a successor depository or a nominee of such a successor depository. REGISTERED NO. R-[ ] $[ ] CUSIP No. 743315 BD4 THE PROGRESSIVE CORPORATION 5.15% SENIOR NOTE DUE 2036 THE PROGRESSIVE CORPORATION, an Ohio corporation (the “Issuer”), for value received, hereby promises to pay to CEDE & Co., c/o The Depository Trust Company, 55 Water Street, New York, New York 10041 or registered assigns, at the office or agency of the Issuer at the office of the Trustee in Boston, Massachusetts, the principal sum of [    ] ($[   ]) on March 26, 2036 (the “Maturity Date”), in such coi…