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By The Online Investor Staff, updated Sun., Oct. 17, 1:56 PM

Slide #23. Fairfax India Holdings Corporation

Company: Fairfax India Holdings Corporation (TSE:FIH.U.CA)
Share Amount Authorized: 3,500,000
Buyback Details: Fairfax India Holdings Corporation ("Fairfax India") (TSX:FIH.CA) announces that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems) effective September 30, 2021. Purchases will be made in accordance with the rules and policies of the TSX and the Subordinate Voting Shares purchased by Fairfax India will be cancelled. The notice provides that Fairfax India's board of directors has approved the purchase on the TSX, during the period commencing September 30, 2021 and ending September 29, 2022, of up to 3,500,000 Subordinate Voting Shares representing approximately 5.1% of Fairfax India's public float of 68,470,912 Subordinate Voting Shares as at September 16, 2021. As at September 16, 2021, Fairfax India had outstanding 112,276,777 Subordinate Voting Shares. Under the bid, Fairfax India may purchase up to 12,264 Subordinate Voting Shares on the TSX (or other alternative Canadian trading systems) during any trading day, which represents 25% of the average daily trading volume on the TSX for the prior six months (being 49,056 Subordinate Voting Shares), all as calculated in accordance with the rules of the TSX. This limitation does not apply to purchases made pursuant to block purchase exemptions.

  Fairfax India Holdings Corporation: trading symbol FIH.U.CA

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October 17, 2021    1:56 PM Eastern
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