Independence Holding Company (the 'Company') announced the completion of the merger (the 'Merger') of the Company with Geneve Acquisition Corp. ('Merger Sub') and indirect wholly-owned subsidiary of Geneve Holdings Inc. ('Geneve'), pursuant to the previously announced Agreement and Plan of Merger (the 'Merger Agreement'), dated November 9, 2011, by and among the Company, Geneve and Merger Sub. In addition, as previously announced by the Company on February 4, 2022, as a result of the completion of the Merger, a prorated dividend on the company's shares of Common Stock (the 'Final Dividend') will be payable in cash on February 22, 2022 to the Company's stockholders of record as of the close of business on February 15, 2022.

The amount of the Final Dividend, on a per share basis, is $0.06 per share.