E-L FINANCIAL CORPORATION LIMITED ANNOUNCES DIVIDENDS

TORONTO , May 7, 2025 /CNW/ - The Board of Directors of E-L Financial Corporation Limited ("the Company") (TSX: ELF) (TSX: ELF.PR.F) (TSX: ELF.PR.G) (TSX: ELF.PR.H) today declared the following cash dividends:

Class

Record Date

Payable Date

Amount of Dividend

First Preference Shares, Series 1

June 30, 2025

July 17, 2025

$0.33125

First Preference Shares, Series 2

June 30, 2025

July 17, 2025

$0.296875

First Preference Shares, Series 3

June 30, 2025

July 17, 2025

$0.34375

Series A Preference Shares

June 30, 2025

July 17, 2025

$0.125

Common Shares

June 30, 2025

July 17, 2025

$0.04

Today the Company announced that the Board of Directors has decided to proceed to give effect to a hundred-for-one share split of the Company's Common Shares. The Common Shares of the Company will begin to trade on an ex-distribution (post-split) basis on Monday, June 2, 2025. The quarterly dividend of $0.04 per Common Share announced today is on a post-split basis.

E-L Financial Corporation Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act, Canada and any similar provincial tax legislation.

SOURCE E-L Financial Corporation Limited