Mr. Richard Carty reports

E-L FINANCIAL CORPORATION LIMITED ANNOUNCES DIVIDEND

The board of directors of E-L Financial Corp. Ltd. has declared a special cash dividend of $60 per common share payable on June 14, 2024, to shareholders of record on May 14, 2024.

The recent performance of the company's global investment portfolios has provided E-L Financial with 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.