Sagicor Financial Company Ltd. Announces Common Dividend

March 19, 2021

Toronto and Barbados (March 19, 2021) – Sagicor Financial Company Ltd. (TSX: SFC, “Sagicor” or “Company”) announces that its board of directors has approved and declared a quarterly dividend of US $0.05625 per common share.  This quarterly dividend will be paid on April 21, 2021, to shareholders of record at the close of business on March 31, 2021. Sagicor will continue to review its dividend policy going forward given the economic situation stemming from the COVID-19 pandemic. 

Cautionary Statements 
Certain information contained in this news release may be forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are often, but not always identified by the use of words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “will”, “may”, “would” and “should” and similar expressions or words suggesting future outcomes. This news release includes forward-looking information and statements pertaining to the impact of the COVID-19 pandemic. These forward-looking statements reflect material factors and expectations and assumptions of Sagicor. Sagicor’s estimates, beliefs and assumptions are inherently subject to uncertainties and contingencies regarding future events and as such, are subject to change. Risks and uncertainties not presently known to Sagicor or that it presently believes are not material could cause actual results or events to differ materially from those expressed in its forward-looking statements. Additional information on these and other factors that could affect events and results are included in other documents and reports that will be filed by Sagicor with applicable securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Sagicor’s expectations only as of the date of this document. Sagicor disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.