Company Profile

Fairfax Africa Holdings Corporation is an investment holding company publicly traded on the Toronto Stock Exchange whose investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments of African businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, Africa. Generally, African investments will be made with a view to acquiring control or significant influence positions.

Fairfax Africa takes a long-term value approach towards acquisitions and investments in the African region. We focus on long-term capital appreciation through a flexible and value-oriented approach, underpinned by our guiding principles, including integrity, transparency and responsiveness in all our dealings. Our permanent capital base enables us to execute a unique set of transactions; by taking a very long-term view, combined with the ability to execute highly flexible and creative deal structures.

Fairfax Africa was founded in late-2016 by FAIRFAX FINANCIAL HOLDINGS LIMITED and is headquartered in Toronto, Canada. Its common shares are listed on the Toronto Stock Exchange under the symbol FAH.U.

Fairfax Financial Holdings Limited is the controlling shareholder of Fairfax Africa. Fairfax Financial Holdings Limited is a Toronto based financial services holding company with a global presence in insurance and reinsurance and a portfolio of assets invested worldwide. Fairfax Financial Holdings Limited is listed on the Toronto Stock Exchange under the symbol "FFH".

All the investments of Fairfax Africa are centrally managed by Hamblin Watsa Investment Counsel Ltd. ( www.hwic.ca ), a wholly owned subsidiary of Fairfax Financial Holdings Limited (www.fairfax.ca ).