Mr. Rick Skauge reports

OLYMPIA FINANCIAL GROUP INC. ANNOUNCES DECEMBER DIVIDEND

Olympia Financial Group Inc.'s board of directors has declared a monthly cash dividend on its common shares of 60 cents per common share. The dividend will be payable on Dec. 29, 2023, to shareholders on record as at Dec. 18, 2023. The ex dividend date is Dec. 15, 2023.

Olympia Financial Group 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 Financial Group (OFGI) 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, provides currency exchange and payment services, corporate trust, and transfer agency services. Olympia Financial Group also offers private health services plans and information technology services to exempt market dealers, registrants and issuers through its subsidiary, Olympia Benefits Inc.