Intact Financial Investor Presentation — February 2022

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Intact Financial Corporation (TSX: IFC)

Q4-2021 Review of Performance

Wednesday, February 9, 2022Make it Intact

1Q4-2021 Review of Performance Page 2|

Forward -looking statements

Certain ofthestatements included inthi s presentation about theCompany’s current and future pl an s, expectations and intentions, results, levels ofactivity, perfo rmance, goals orachievements orany other future events ordevelopments constitute

forward -looking statements .The words “may”, “will” , “would”, “should”, “could”, “expects”, “plans”, “intends”, “trends”, “indications”, “anticipates”, “believes”, “estimates”, “predicts”, “likely”, “ pote n ti al ” orthenegati ve orother variations ofth e se words or

other sim ilar orcomparable words orphrases, areintended toidentify forward -looking statements .Unless otherwise indicated, allforward -looking statements inthis presentation aremade asatDecember 31,2021, and aresubject tochange after that

date .This presentation co ntains forward -looking statements with respect totheacquisition (the “RS A Acquisit ion”) and integration ofRS A Insurance Group PLC (“RSA”) and thesale (the “Sa le”) ofCodan Fors ikring A/S’s Dani sh business (“Codan DK”) to

Alm .Brand A/S gr ou p (“Alm.Brand ”),theseparation and transfer ofthebusinesses inSweden and Norway from Codan DK(the "Separation"), therec eipt ofallrequ isite approvals orclearances oftheSeparation and theSale inati mel y manner and on

terms acceptable totheCompany, therealization oftheexpected strategic, financial and other benefits oftheSale and with respect totheimpact ofCOVID -19and related economic conditions ontheCompany’s operations and financial performance .

Forward -looking statements arebased onestimates and assumptions made bymanagement based onmanagement’s experienc e and perception ofhistorica l trends, current cond itions and expected future developments, aswell asother factors th at

management believes areappropriate inthecircumstances .Inaddition toother estimates and assumptions which may beident ified herein, estimates and assumptions have been made regarding, among other things, therealization oftheexpected

strategic, financia l and other benefits oftheRSA Acquisit ion, theSeparation and theSale, and economic and political environments and industry conditions .However, thecompletion oftheSale issubject tocustomary cl osing conditio ns, t erm ination

rights and other risks and uncertaint ies, including, without lim itation, theSeparation, regulatory approvals and clearances, and there can benoassurance that theSale willbecompleted inati m e l y manner, oratall.There c analso benoassurance that

thestrategic and financial benefits expected toresult from th eRS A Acquis ition, theSeparation ortheS al e , willberealized .Many factors coul d cause theCompany’s actual results, performanc e orachievements orfuture event s ordevelopments todiffer