Mr. Frank Glosnek reports

ECONOMIC INVESTMENT TRUST LIMITED ANNOUNCES DIVIDEND

The board of directors of Economic Investment Trust Ltd. today declared a cash dividend of $5.60 per common share payable June 28, 2024, to shareholders of record on June 14, 2024.

The $5.60 cash dividend includes the regular 30-cent quarterly dividend, and an additional $5.30 per common share, representing an early distribution of net investment income for the year ending Dec. 31, 2024. The source of funds for this additional dividend is a special dividend from E-L Financial Corp. Ltd.

Economic Investment Trust advises that the above referenced dividend is an eligible dividend for the purposes of the Income Tax Act (Canada), and any similar provincial tax legislation.

The company's dividend policy is to distribute annual net investment income in the form of dividends.