Mr. Charles Brindamour reports

INTACT FINANCIAL CORPORATION PUBLISHES 2023 ANNUAL REPORT AND 2024 MANAGEMENT PROXY CIRCULAR

Intact Financial Corp.'s 2023 annual report and 2024 management proxy circular are available at the Intact Financial website.

"In 2023, our business demonstrated remarkable resilience navigating a changing world and delivering strong financial results. Sustained outperformance requires not only a future-proof strategy, but also disciplined high-quality execution and the agility to be opportunistic. Our performance is a testament to our relentless pursuit of all three, and our capacity to make the most out of challenging times," said Charles Brindamour, chief executive officer, Intact Financial.

"Inspired by our purpose and guided by our values, our 30,000 strong work force rose to the challenge to help society and win in the marketplace. Given the strength of our platforms, our outstanding talent and clear strategic road map, we are well positioned for growth and outperformance in 2024 and beyond," he added.

Intact Financial's annual meeting of shareholders will take place on May 8, 2024. Please refer to the 2024 management proxy circular for more information.

About Intact Financial Corp.

Intact Financial (Toronto Stock Exchange: IFC) is the largest provider of property and casualty insurance in Canada, a leading provider of global specialty insurance, and, with RSA, a leader in the United Kingdom and Ireland. Its business has grown organically and through acquisitions to over $22-billion of total annual premiums.

In Canada, Intact Financial distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly owned subsidiary BrokerLink, and directly to consumers through belairdirect. Intact Financial also provides affinity insurance solutions through its affinity groups and travel insurance, as well as exclusive and tailored offerings through Intact Prestige.

In the United States, Intact Insurance Specialty Solutions provides a range of specialty insurance products and services through independent agencies, regional and national brokers, and wholesalers and managing general agencies.

In the U.K., Ireland and Europe, Intact Financial provides personal, commercial and specialty insurance solutions through the RSA brands.