Fairfax Financial Holdings Limited Program

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance. The company also offers workers' compensation, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other miscellaneous risks and liabilities insurance products; and reinsurance products, which includes property, casualty, and liability exposures.

Fairfax Financial Holdings Limited Program 2018

In addition, it owns, operates, and franchises restaurants; manufactures food products; retails home improvement goods, toys and baby products, golf equipment, consumables, athletic apparel and accessories, and tableware and gifts; invests in retail and other businesses; owns and operates holiday resorts; invests in real estate sector; operates container freight station; and develops, produces, markets, and distributes television programs. Further, the company provides agricultural commodities storage, catering, pet medical insurance and database, and integrated travel and travel-related financial services, as well as infrastructure services to industries and government. It operates approximately 82 toys and baby products stores in Canada. The company was formerly known as Markel Financial Holdings Limited and changed its name to Fairfax Financial Holdings Limited in 1987. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada. MSCI ESG RatingsEnvironmental, Social, and Governance (ESG) Flags: MSCI Ratings publishes Environmental, Social and Governance (ESG) ratings on over 6,000 companies worldwide.

These ratings provide an independent assessment of the sustainable investment value of public companies. The ESG Ratings model is based on a carefully crafted and applied list of KeyMetrics® that result in an overall ESG concern level as expressed by Red (High Concern), Yellow (Average Concern), and Green (Low Concern) flags. Unlike traditional ESG risk models, MSCI's rating methodology is designed to identify risks most likely to affect equity valuations. Specifically, these ratings reflect actual corporate behaviors rather than policies or affirmations of intent to adhere to best ESG practices. Further, unlike other models with evenly weighted metrics, we assign context-sensitive relative weightings to our key metrics, based on market, regional, ownership or sector differences. Individual company scores are then assigned as a percentile rank, ranging from 1 (worst ranked) to 100 (best) on the basis of these KeyMetrics® and then converted to the Red, Yellow or Green flag designation.Company Reports: In addition to a company's overall risk rating, ESG reports also include an industry rating based on a comparison between the company's risk levels in each ESG component area relative to its industry peers.

Further, the ESG analysis serves as a summary of behavioral events that contributed to the company's overall risk level. FRFHFIndustry AveragePercentile in IndustryMarket Capitalization$12.40B$19.28B77thTotal Return (1 Year Annualized)AS OF -1.63%+15.27%35thBeta-0.9330thEPS (TTM)AS OF -$5.0997thCurrent Consensus EPS Estimate-EPS Growth (TTM vs. Prior TTM)-51.87%+25.31%22ndP/E (TTM) AS OF NM14.6245thDividend Yield (Annualized)AS OF 2.20%2.89%51stTotal Revenue (TTM) AS OF $19.67B$ 42.73B84thRevenue Growth (TTM vs Prior TTM)+17.12%+9.99%83rdShares Outstanding27,468,000941,761,15236thInstitutional Ownership0.87%57.26%13rd. † The Equity Summary Score provided by Thomson Reuters StarMine is current as of the date specified. There may be differences between the Equity Summary Score analyst count and the number of underlying analysts listed.

Due to the timing in receiving ratings changes into the Equity Summary Score model, the Equity Summary Score analyst count may lag the ratings count displayed by one or more days. There may also be analyst count variations for symbols with multiple share classes and ADRs.

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Eligibility and Conditions:-The awards are open to students applying directly from high school (not more than 18 months after graduation), whom are Canadian citizens or have been granted permanent residence in Canada.-Students cannot have previously received a Fairfax award.-Students must have a minimum Admissions Average of 80% to the first year of an undergraduate program as of March 15.-Awards will be made mostly on the basis of financial need. Outstanding academic achievement, independently documented outstanding achievement, and commitment in community or other extracurricular activities could also be influential.-Candidates will be screened for both the Fairfax and entrance awards. A student may hold a Fairfax and another Dalhousie Scholarship.-Recipients of the Fairfax must begin full time studies at Dalhousie in the academic year following the date of notification of their awards.-The awards are tenable for the duration of an undergraduate program or a maximum of four years (whichever comes first) based on continued financial need and a 3.00 SGPA over 30 credit hours.