Investor Presentaiton
SKYWARD SPECIALTY - ADJUSTED STOCKHOLDERS'
EQUITY: FOR THE YEAR ENDED DECEMBER 31, 2021 (1)
$404.3
$0.2
$41.9
($12.7)
$3.7
($2.2)
$435.2
Adjusted stockholders'
equity
December 31, 2020
Currency amounts in millions of US$
Employee shareholder
activity and other
Net comprehensive
income, excluding
unusual items and other
Impact of LPT, net of tax
Other net recoveries,
net of tax
Goodwill and other
intangible impairment,
net of tax
Any terms not defined in this document are defined in Westaim's December 31, 2021 MD&A.
Adjusted stockholders'
equity
December 31, 2021
(1) The adjusted stockholders' equity of Skyward Specialty as at December 31, 2021 reflects the Skyward Specialty stockholders' equity obtained from the audited financial statements of Skyward Specialty as at and for the three months and year ended
December 31, 2021 prepared in accordance with accounting principles generally accepted in the United States of America, adjusted for a reclassification of a stock notes receivable from employees relating to their purchase of
Skyward Specialty common and convertible preferred shares.
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