Mr. Craig Skauge reports

OLYMPIA FINANCIAL GROUP INC. ANNOUNCES THIRD QUARTER 2026 RESULTS

Olympia Financial Group Inc. has released its operating and financial results for the period ended Sept. 30, 2026.

Results from continuing operations for the nine months ended Sept. 30, 2026, include the following (compared with operations for the nine months ended Sept. 30, 2025):

• Total net earnings and comprehensive income decreased 17 per cent to $13.43-million from $16.13-million.
• Total revenue decreased 9 per cent to $64.16-million from $70.70-million.
• Service revenue increased 2 per cent to $34.04-million from $33.41-million mainly due to an increase in monthly and transaction fees.
• Trust, interest and other income decreased 19 per cent to $30.12-million from $37.29-million mainly due to a decrease in interest rates on funds held in trust.
• Other gains/(losses), net, increased more than 100 per cent to $3.99-million from ($10,000) mainly due to the sale of substantially all of the assets of the Raisr division.
• Total expenses increased 2 per cent to $50.10-million from $49.29-million primarily as a result of increased wages from the expansion of the strategy, governance, risk and compliance departments. The increase can also be attributed to higher costs related to the new lease of the Calgary head office.
• Earnings before income tax decreased 16 per cent to $18.05-million from $21.40-million.
• Basic and diluted earnings per share attributable to the shareholders of Olympia decreased 17 per cent to $5.58 per share from $6.70 per share.

The unaudited condensed interim financial statements and notes, as well as management's discussion and analysis, are available on SEDAR+.

About Olympia Financial Group Inc.

Olympia conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit-taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust and transfer agency services. Olympia also offers private health service plans through its subsidiary Olympia Benefits Inc.

Olympia's common shares are listed on the Toronto Stock Exchange under the symbol OLY.

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