Eligible policyholders have the final vote in our demutualization process

At the third special meeting, all eligible policyholders, both mutual and not mutual, will be asked to approve the Conversion Plan for Economical and authorize Economical to apply to the Minister of Finance for approval to demutualize. Once approval is received, Economical can begin the process to hold an initial public offering (IPO) to list shares on a stock market exchange. Stay tuned for an announcement on the scheduling of this meeting.

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