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2020 Takeover Bid Information

TAKE-OVER BID OFFER for all of the outstanding common shares of INSURANCE CORPORATION OF BARBADOS LIMITED by PAYNES BAY FINANCE INC. through its wholly-owned subsidiary HAMILTON FINANCE LIMITED:

Shareholders who have questions or require copies of the Take-Over Bid Circular are encouraged to contact the Manager of the Offer as follows to obtain information:

FirstCaribbean International Bank (Barbados) Limited

Michael Mansoor Building, Warrens, St. Michael, Barbados

Telephone: (246) 467-8735 or (246) 467-8703

Fax: (246) 467-8839