IGI SPAC Presentation Deck

$100mm+ of Fully Committed Financing = Transaction Certainty Assumes no redemptions by Tiberius shareholders Transaction Sources and Uses(¹) ($mm) Fully committed financing from existing Forward Purchase Agreements and certain Tiberius investors, backstop from Tiberius's sponsor and new PIPE investors Forward Commitment $25 PIPE Proceeds $24 Cash-IPO Proceeds $180 Equity Consideration to IGI $296 Transaction (2) Expenses $21 Sources: $525 Growth Capital $124 Cash to IGI Shareholders $80 Equity Consideration to IGI $296 Warrant Retirement/ Sponsor Loan Pay Back $4(3) Uses: $525 Pro Forma Ownership(¹) Up to 70%+ Free Float(4) SPAC PIPE SPAC Sponsor Investors Shares (5) 2% 4% SPAC Forward Purchase Shares 6% SPAC IPO Shares 33% Current IGI Shareholders (Jabsheh Family) 24% Current IGI Shareholders (Non-Jabsheh) 31% Pro Forma Shares Outstanding: 52.138 million (5) Jabsheh Family Pro Forma Ownership of ~24% in IGI Demonstrates Strong Alignment with IPO Shareholders Current IGI Shareholders (1) Assumes no redemptions by Tiberius shareholders and an acquisition price of $376mm assuming 6/30/2019 book value of $309mm (after adding back IGI transaction expenses) and acquisition P/B multiple of 1.22x. (2) Transaction expenses for both Tiberius and IGI include underwriting, advisory and other costs. (3) $2.3mm of warrant retirement costs and $1.7mm of sponsor loan pay back included. (4) Free float excludes Jabsheh family and SPAC sponsor shares. (5) Assumes Tiberius stock valued at $10.45 per share. Shares issued to Current IGI shareholders to be at the redemption price. Excludes Founder Shares held in escrow that are subject to an earn out. Assumes that there are no new awards under any new equity incentive plan and excludes any outstanding warrants. Includes shares held by current IGI shareholders that are held in escrow in connection with any post-closing purchase price adjustments. International General Insurance Holdings Limited 25

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