E-L FINANCIAL CORPORATION LIMITED ANNOUNCES SPECIAL DIVIDEND

TORONTO, Jan. 15, 2025 /CNW/ - The Board of Directors of E-L Financial Corporation Limited ("E-L Financial" or "the Company") (TSX:ELF) (TSX:ELF.PR.F) (TSX:ELF.PR.G) (TSX:ELF.PR.H) today declared a special cash dividend of $150.00 per Common Share payable on March 14, 2025 to shareholders of record on March 3, 2025.

The recent performance of the Company's global investment portfolio has provided E-L Financial Corporation Limited the opportunity to pay this special cash dividend.

E-L Financial advises that the said dividend is an eligible dividend for the purposes of the Income Tax Act, Canada and any similar provincial tax legislation.

SOURCE E-L Financial Corporation Limited

For further information please contact: Richard B. Carty, Vice-President, General Counsel and Corporate Secretary, Telephone: [phone], Fax: [phone], www.e-lfinancial.ca