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Early Warning Report
Fairfax, through certain of its affiliates, acquired the Fairfax Private Placement Shares. Immediately prior to its acquisition of the Fairfax Private Placement Shares and closing of the Offering, Fairfax, through certain of its affiliates, beneficially owned and controlled 29,050,368 Common Shares (or approximately 80.0% of all outstanding Common Shares). Following its acquisition of the Fairfax Private Placement Shares, Fairfax, through its affiliates, would own and control 37,746,068 Common Shares, representing approximately 55.8% of all outstanding Common Shares and a decrease in Fairfax's interest in the Company by 24.2%.
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