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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 15, 2021 (GLOBE NEWSWIRE) Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that its Board of Directors has authorized, and the Company has formally commenced, a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to repurchase for cancellation up to US$105 million of its subordinate voting shares (the “Shares”) from shareholders for cash. “The Offer will allow us to return capital to our shareholders at what we view as an attractive price given our belief that the Company’s recent trading price does not fully reflect the value of our business and future prospects,” said Prem Watsa, Chairman of Fairfax India.

United statesJohn varnellPrem watsaComputershare investor services incFairfax financial holdingsCorporate affairsFairfax india holdings corporationIndia holdings corporationFairfax indiaFinancial holdings limitedOffer documentsVice presidentInvestment advisory agreementஒன்றுபட்டது மாநிலங்களில்ஜான் வர்ணெழில்பிரேம் வாட்சா