Notification of acquisition by Fairfax of shares of Insurance Company “Universalna”

Insurance Company “Universalna” announces that Fairfax Financial Holdings Limited (Canada) has received the consent of the Antimonopoly Committee of Ukraine to acquire a controlling stake in Insurance Company “Universalna”. The European Bank for Reconstruction and Development has been a shareholder in Insurance Company “Universalna” since 2011 and intends to remain a minority shareholder with Fairfax. At this stage, the agreement is in the process of documentation, including obtaining the necessary approvals from government

.No changes in the operational activities and management of the Insurance Company “Universalna” are planned.

• Fairfax is a holding company that, through a network of its companies, provides investment management, property and liability insurance, and reinsurance. More information about Fairfax can be found at fairfax.ca.
• The EBRD is a multilateral bank that supports private sector development and entrepreneurial initiatives in 38 countries on three continents. The bank's shareholders are 69 countries, as well as the EU and the European Investment Bank. More information about the EBRD can be found at ebrd.com/home.
• Insurance Company “Universalna” is one of the TOP-10 insurance companies in Ukraine in terms of collected insurance premiums and has an extensive regional network throughout the country. The company is one of the few that has 10 years of experience in conducting international audits in the audit companies of the "Big Four".

More detailed information about “Universalna” can be found at www.universalna.com/pro-kompanyu.