At its regular meeting held December 5, 2023, the Board of Directors of Erie Indemnity Company approved to increase the regular quarterly cash dividend from $1.19 to $1.275 on each Class A share and from $178.50 to $191.25 on each Class B share. This represents a 7.1% increase in the payout per share over the current dividend rate. The next quarterly dividend is payable January 23, 2024, to shareholders of record as of January 8, 2024, with a dividend ex-date of January 5, 2024.