IGI SPAC Presentation Deck

Operating Earnings and Summary Financial Metrics ($ in mm) Profit For the Period Net Realized Losses (Gains) on investments Net Impairment Losses recognized in earnings Unrealized Loss (Gain) on Revaluation on Financial Assets Fair Value Changes of Held for Investments Fair Value Change on Investment Property (Loss) Gain on foreign exchange Net Operating Income Capitalization Debt Equity Total Capital Operating Return on Average Equity 2016 $32.9 (2.7) 0.3 0.2 (1.0) (0.3) $29.5 $0.0 301.2 $301.2 10.1% Year Ended December 31, 2017 $7.0 (3.1) 0.1 (0.1) (2.6) $1.3 $0.0 301.4 $301.4 0.4% 2018 $25.5 (1.3) 0.0 0.9 3.4 $28.6 $0.0 301.2 $301.2 9.5% 6 Months Ended June 30, 2019 $14.9 International General Insurance Holdings Limited (0.4) (1.0) (0.4) $13.0 $0.0 308.6 $308.6 8.6% Year Ended December 31, 2019 2020E $29.7 $37.3 $29.7 $0.0 319.0 $319.0 9.6% Includes incremental capital on balance sheet of $124mm at Transaction Close estimated to be received on 3/31/20 Source: IGI annual reports. Note: Financial statements of IGI have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by the International Accounting Standards Board. $37.3 $0.0 465.4 $465.4 8.2% 30

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