Mr. Craig Skauge reports

OLYMPIA FINANCIAL GROUP INC. ANNOUNCES SALE OF RAISR DIVISION

Olympia Financial Group Inc.'s wholly owned subsidiary, Olympia Benefits Inc., has completed the sale of the assets comprising its Raisr business to an affiliate of Beacon Software. The transaction was completed on July 24, 2026.

Raisr provides software-as-a-service and related technology services for participants in the private capital and exempt markets, including back-office, compliance, investor-onboarding, transaction-processing and data-exchange tools for private market issuers and exempt market dealers.

"We thank the Raisr team for their contributions and wish them continued success under Beacon's ownership," said Craig Skauge, executive vice-president of Olympia. "The transaction allows Olympia to continue focusing on its core trust, custody and administration businesses while positioning the Raisr business under ownership dedicated to software businesses. We look forward to continuing to support many of the same clients through Olympia's trust, registered plan, corporate trust and transfer agency services and to working alongside Beacon in serving participants in Canada's private capital markets."

Transition arrangements have been established to support an orderly transfer of the business following closing.

About Olympia Financial Group Inc.

Olympia Financial Group 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 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.

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

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