The National Security Group, Inc.'s Special Meeting of the Stockholders

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Jun 21, 2022

The National Security Group, Inc. (“NSG”) (NASDAQ:NSEC) today announced that, as required by the Delaware General Corporation Law, its stockholders have voted at a special meeting to adopt the previously announced Agreement and Plan of Merger (“Plan of Merger”), dated as of January 26, 2022, by and among NSG, VR Insurance Holdings, Inc., a Delaware corporation (“VR Holdings, Inc.”), and VR Insurance Merger Sub, Inc., a Delaware corporation (“Merger Sub”), pursuant to which NSG will be acquired by VR Holdings. At the special meeting, NSG’s stockholders approved the adoption of the Plan of Merger and approved on a non-binding advisory basis the executive compensation that may be paid or become payable in connection with the transaction contemplated by the Plan of Merger. The final voting results for each proposal voted on at the special meeting will be set forth in a Form 8-K filed by the Company with the U.S. Securities and Exchange Commission.