AMERISAFE Increases Dividend by 8.8%

Increases Quarterly Dividend from $0.34 to $0.37 per Share

AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high-hazard industries, today announced that its Board of Directors has increased the quarterly dividend by 8.8%, from $0.34 to $0.37 per share.

The Board of Directors declared a quarterly cash dividend of $0.37 per share, payable on March 22, 2024 to shareholders of record as of March 8, 2024.

The Company began paying dividends in 2013. Since that time, the Company has declared $43.26 in dividends per share, comprising $10.01 in regular dividends and $33.25 in special dividends.

Additional information on the Company’s fourth quarter and 2023 full year earnings can be found in AMERISAFE’s accompanying earnings release issued today.

ABOUT AMERISAFE

AMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, agriculture, and manufacturing. AMERISAFE actively markets workers’ compensation insurance in 27 states.

Contacts

Andy Omiridis, EVP, CFO

AMERISAFE

337.463.9052

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