Mr. Prem Watsa reports

FAIRFAX ANNOUNCES HYBRID ANNUAL SHAREHOLDERS' MEETING DETAILS

Fairfax Financial Holdings Ltd. has released additional details regarding its coming hybrid annual shareholders meeting. As disclosed in its annual meeting materials and on its website, the hybrid meeting will be held both in person and virtually on April 20, 2023, and will commence at 9:30 a.m. Eastern Time, with the formal annual meeting and a presentation by Prem Watsa, Fairfax Financial's chairman and chief executive officer, followed by a question-and-answer session, all of which will be webcast in real time. Following are additional details on how to listen to this webcast and to submit questions in advance for the Q&A session.

Registered shareholders and duly appointed proxyholders will be able to attend and vote at the hybrid meeting both in person and virtually through a Web-based platform. Shareholders attending virtually are encouraged to listen to the webcast of the meeting early, access for which will commence at 8:30 a.m. Eastern Time on Thursday, April 20, 2023. Additional instructions may be found in Fairfax Financial's management proxy circular, as well as in its virtual AGM user guide, which has been posted on its website. Shareholders are encouraged to vote by proxy in advance of the meeting by one of the methods described in the management proxy circular.

Questions can also be submitted in advance of the annual shareholders meeting by e-mailing them to FairfaxAGM2023@shareholderservices.ca by no later than 12 p.m. Eastern Time on April 19, 2023. These questions, in addition to those being sent live through the platform during the meeting, will be received by Fairfax Financial's moderator, Jeff Stacey, chairman and chief executive officer, and Stacey Muirhead, Capital Management Ltd., who will facilitate the Q&A session.

Fairfax Financial is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.