Ms. Ingrid Card reports

SAGICOR FINANCIAL COMPANY LTD. RECEIVES REGULATORY APPROVALS TO ACQUIRE IVARI

Sagicor Financial Company Ltd. has received all regulatory approvals required under its previously announced definitive agreement with Wilton Re Ltd. to complete Sagicor's acquisition of ivari.

The transaction is expected to close on or about Oct. 3, 2023, subject to the satisfaction of all closing conditions.

About Sagicor Financial Company Ltd.

Sagicor Financial Company is a leading financial services provider in the Caribbean, with over 180 years of history, and has a growing presence as a provider of life insurance products in the United States. On Aug. 25, 2022, Sagicor announced that it had entered into a definitive agreement to acquire ivari, a leading middle-market individual life insurer in Canada with over 80 years of history in the region. Sagicor offers a wide range of products and services, including life, health and general insurance, banking, pensions, annuities, and real estate.

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