Sagicor Financial Announces Results of the Annual Meeting of Shareholders

TORONTO and BARBADOS, June 13, 2024 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor Financial" or "Sagicor" or the "Company") is pleased to announce the results of its annual meeting (the "Meeting") of holders of common shares (the "Shareholders") held on June 13, 2024. A total of 71,318,511 common shares, representing 50.63% of common shares issued and outstanding as of April 24, 2024, the Record Date of the Meeting, were represented.

Andre Mousseau, President and Chief Executive Officer, said, "Sagicor appreciates and thanks our shareholders for their physical and virtual participation in our annual meeting. We are also pleased to welcome Cathleen McLaughlin to our Board of Directors. Cathleen's deep experience and experience across our many jurisdictions will be valuable to our Board. We look forward to her contributions to Sagicor."

Ms. McLaughlin practiced law for over three decades, providing counsel to corporate and sovereign clients across international markets. Ms. McLaughlin recently retired from Paul Hastings LLP, where she practiced in the firm's Corporate Finance group at its New York Office. Prior to Paul Hastings, Ms. McLaughlin was the head of the International Capital Markets practice of Allen & Overy LLP.

Results of the matters voted on at the Meeting are set out below.

Election of Directors

The Company's 15 director nominees were elected:

	Votes For (percent)	Votes Withheld (percent)
Mahmood Khimji	99.96 %	0.04 %
Andre Mousseau	99.99 %	0.01 %
The Most Honourable Dodridge D. Miller	99.41 %	0.59 %
Sir Hilary Beckles	99.90 %	0.10 %
Dr. Archibald Campbell	99.98 %	0.02 %
Peter E. Clarke	99.99 %	0.01 %
Keith Duncan	99.97 %	0.03 %
Monish Dutt	99.97 %	0.03 %
Stephen Facey	99.96 %	0.04 %
Dennis L. Harris	99.97 %	0.03 %
Cathleen McLaughlin	99.99 %	0.01 %
Gilbert Palter	99.93 %	0.07 %
Alan Ryder	99.90 %	0.10 %
Reza Satchu	99.92 %	0.08 %
Aviva Shneider	99.98 %	0.02 %

Appointment of Auditors and Authorization of Board to Fix Remuneration

PricewaterhouseCoopers SRL was re-appointed as auditor of the Company.

Votes For: 99.97%
Votes Withheld: 0.03%

Full voting results on all matters voted on at the Meeting will be filed on SEDAR+ at sedarplus.ca.

About Sagicor Financial Company Ltd.

Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider with over 180 years of history in the Caribbean, over 90 years of history in Canada, and a growing presence in the United States with over 70 years of history. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, investment management, and real estate. Sagicor's registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St. Michael, Barbados. Additional information about Sagicor can be obtained by visiting www.sagicor.com.

SOURCE Sagicor Financial Company Ltd.

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