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Sagicor Life Jamaica Limited (SLJ)- Proposal for Share Capital Increase

An extraordinary general meeting will be held at 28-48 Barbados Avenue, Kingston 5 on October 22, at 9 a.m. They will consider:

That the authorised share capital of Ja$1.2 billion be increased to $1.3 billion by increasing the number of J$0.10 ordinary shares from 1.6 billion to 3 billion.

To authorise the directors to set aside some of the ordinary shares and to offer such number of shares for the acquisition of shares held in Island Life and to establish an Employee Stock Purchase Plan.