Ms. Julia Gray reports

HELIOS FAIRFAX PARTNERS APPOINTS KATHERINE CUNNINGHAM TO ITS BOARD OF DIRECTORS

Helios Fairfax Partners Corp. has appointed Katherine Cunningham as an independent director.

Ms. Cunningham is the chief financial officer at The Globe and Mail Inc., Canada's national newspaper, where she is responsible for strategy, corporate development and all aspects of financial management. Until 2019, she was a senior vice-president (SVP) at Sun Life Financial Inc., holding SVP, finance, chief financial officer, Canada, and chief auditor roles. Prior to joining Sun Life in 2014, Ms. Cunningham was an audit partner at KPMG Canada LLP in the communications and media, and later financial services, industries. She is a chartered professional accountant (CPA, CA) and has a bachelor of commerce from Queen's University. Ms. Cunningham is a resident of Toronto, Ont., Canada.

About Helios Fairfax Partners Corp.

Helios Fairfax Partners is an investment holding company, the investment objective of which is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses, or other businesses with customers, suppliers or business primarily conducted in, or dependent on, Africa.