November 25 2024

BAICO: Letter for Fourth Year Anniversary Report

November 23rd, 2024

Dear BAICO Pension Plan Member:

Re: British-American Insurance Company (“BAICO”) Employee Pension Plan

In compliance with the Appointment Order of the BAICO-Judicial Trustee (also referred to as “BAICO-JT”), clause 5(m), I am providing you with a progress report titled “Fourth Year Anniversary Report” (hereinafter referred to as the 4th Report). Follow the link https://trinityconsultingservice.com/baico/baico-fourth-anniversary-report/ for a copy of the 4th Report.

The 4th Report was submitted to the attorney of the BAICO-JT on November 16th, 2024 and it was filed with the Supreme Court of the Commonwealth of The Bahamas (the Court) on November 20th, 2024.

Background Information

Pursuant to an Appointment Order, effective September 23rd, 2020, I, Judith G. Veira of London Road, Cane Garden, St. Vincent & the Grenadines, have been appointed by the Supreme Court of The Commonwealth of The Bahamas (“the Court”) as the Judicial Trustee (“JT”) of the assets of BAICO’s Employee Pension Plan (“the Pension Plan”). The assets of the Pension Plan shall be referred to as “the Pension Trust Assets”.

Public Notice of the Appointment of the BAICO-JT was published in one of your local newspapers during the period Nov 9th to Nov 20th, 2020.

Role of the Judicial Trustee

Among the duties of the Judicial Trustee, the primary duty is to ascertain, collect, administer, and realise the Pension Trust Assets as soon as reasonably practicable between the Pension Plan Members in accordance with their individual entitlements.

All persons having a claim against the Pension Trust Assets are directed to www.trinityconsultingservice.com for information and updates on the status of the distribution of these assets to eligible Pension Plan Members or to eligible beneficiaries. Documents will be added to the website as and when there are developments and further information to be provided.

Previous Communication

Pension Plan Members can refer to the Pension Website

http://q44.455.myftpupload.com/baico/ for prior letters to Plan Members. Current Contact Information

Plan Members who have not yet submitted their contact information, the BAICO-JT is requesting that such persons send an email to [email protected] with subject heading “Current Contact Information”, and a message with your legal name (include maiden and/or other names, if applicable), mailing address and jurisdiction.

You can ignore this request if you have already submitted your contact information.

All correspondence should be addressed to:

Judith G. Veira

Judicial Trustee for BAICO’s Pension Trust Assets

Postal Address: Address:

P.O. Box 131 London Road, Cane Garden

Kingstown, St. Vincent, VC 0100 Kingstown, St. Vincent, VC 0130 E-Mail: [email protected]

Tel: 784 493 8100

Sincerely,