Mr. Rick Skauge reports

OLYMPIA FINANCIAL GROUP INC. ANNOUNCES JUNE DIVIDEND

Olympia Financial Group Inc. has declared a monthly cash dividend on its common shares of 45 cents per common share. The dividend will be payable on June 30, 2023, to shareholders on record as at June 21, 2023. The ex dividend date is June 20, 2023.

Olympia Financial Group Inc. designates the entire amount of this taxable dividend to be an eligible dividend for purposes of the Income Tax Act (Canada), as amended from time to time. Please contact your tax adviser if you have any questions with regard to the designation of the eligible dividend.

About Olympia Financial Group Inc.

Olympia (OFGI) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit-taking trust company. Olympia Trust 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 administers self-directed registered plan accounts, and provides currency exchange and payment services, and corporate trust and transfer agency services. OFGI also offers private health service plans and information technology services to exempt market dealers, registrants and issuers through its subsidiary Olympia Benefits Inc.