Investor Information

Safeco Corporation - The acquisition of Safeco Corporation (“Safeco”) by Liberty Mutual Group (“Liberty”) was completed on September 22, 2008 (the “Effective Date”). In connection with the acquisition, Safeco became a subsidiary of Liberty on the Effective Date. Pursuant to the terms of the Agreement and Plan of Merger, dated as of April 23, 2008, on the Effective Date all shares of Safeco common stock were cancelled. Now each cancelled share of Safeco common stock represents only the right to receive $68.25 in cash, without interest (the “Merger Consideration”). In order to receive the Merger Consideration, all holders of Safeco shares must surrender their Safeco share certificate(s) to BNY Mellon Shareowner Services, Liberty’s exchange agent.

So what do you need to do as a shareholder?

• If a broker holds your shares, your broker will handle the exchange for you and will provide you with any relevant instructions to be followed for effecting the change.
• If you hold certificates for your shares, BNY Mellon Shareowner Services will mail to you a Letter of Transmittal, which will contain instructions for surrendering your share certificates. Upon receipt of the Letter of Transmittal, please read and follow the instructions contained therein, and submit ALL of your certificates together with the Letter of Transmittal to BNY Mellon Shareowner Services.
  • Holders of Safeco common stock sending certificates by standard USPS mail service should send Letter of Transmittal and share certificates to: Mellon Investor Services LLC, c/o BNY Mellon Shareowner Services, Attn: Corporate Actions Department, P.O. Box 358300, Pittsburgh, PA, 15252-8300
  • Holders of Safeco common stock sending certificates by overnight delivery service or delivering by hand should send Letters of Transmittal and share certificates to: Mellon Investor Services LLC, c/o BNY Mellon Shareowner Services, Attn: Corporate Actions Department, 480 Washington Boulevard, 27th Floor, Jersey City, NJ 07310
• If you have any questions, please call the exchange agent, BNY Mellon Shareowner Services, at 1-866-204-0386 in the U.S. or 1-201-680-6579 outside the U.S.

If you need historical stock prices for income tax purposes, please go to http://research.investopedia.com/stocks/saf/historical . Please note that Liberty Mutual is not affiliated with Investopedia and assumes no responsibility for the content and accuracy of the data.