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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Registration No.&nbsp;333-</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><FONT STYLE="background-color: white"><B>As
filed with the Securities and Exchange Commission on November </B></FONT><B>5<FONT STYLE="background-color: white">, 2021</FONT></B></P>

</DIV>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B></B></P>

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<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>FORM S-8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>REGISTRATION STATEMENT<BR>
UNDER THE SECURITIES ACT OF 1933</B></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>FAIRFAX FINANCIAL HOLDINGS LIMITED</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>Canada</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(State or other jurisdiction of<BR>
    incorporation or organization)</P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>Not Applicable</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(I.R.S. Employer<BR>
    Identification No.)</P></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>95 Wellington Street West<BR>
Suite 800<BR>
Toronto, Ontario<BR>
Canada M5J 2N7<BR>
</B>(Address of Principal Executive Offices, including zip code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Fairfax Financial Holdings Limited</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>1999 Restricted Share Plan<BR>
</B>(Full title of the plan)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>CT Corporation System<BR>
111 Eighth Avenue, 13th Floor<BR>
New York, New York 10011<BR>
(212) 894-8700<BR>
</B>(Name, address, and telephone number of agent for service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><I>With a copy to:<BR>
</I><B>Doreen E. Lilienfeld, Esq.<BR>
Shearman &amp; Sterling LLP<BR>
599 Lexington Avenue<BR>
New York, NY 10022<BR>
(212) 848-4000</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.
&nbsp;See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting company&rdquo;
and &ldquo;emerging growth company&rdquo; in Rule 12b-2 of the Exchange Act.:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"></P>

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  <TD STYLE="width: 70%">Large accelerated filer&#9;<FONT STYLE="font-family: Wingdings">x</TD>
  <TD STYLE="width: 30%">Accelerated filer &#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>Non-accelerated filer &#9744;</TD>
  <TD STYLE="white-space: nowrap">Smaller reporting company &#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>Emerging growth company &#9744;</TD>
  <TD>&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section&nbsp;7(a)(2)(B) of the Securities Act. &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 24pt; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0pt; text-align: center"><B>CALCULATION OF REGISTRATION FEE</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

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    <TD STYLE="width: 25%; border-top: Black 4.5pt double; border-bottom: Black 2.25pt solid; padding: 2pt 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Title of<BR>
Securities<BR>
To Be Registered</B></FONT></TD>
    <TD STYLE="width: 17%; border-top: Black 4.5pt double; border-bottom: Black 2.25pt solid; padding: 2pt 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Amount<BR>
To Be<BR>
Registered(1)</B></FONT></TD>
    <TD STYLE="width: 19%; border-top: Black 4.5pt double; border-bottom: Black 2.25pt solid; padding: 2pt 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposed Maximum<BR>
Offering Price<BR>
Per Share(2)</B></FONT></TD>
    <TD STYLE="width: 19%; border-top: Black 4.5pt double; border-bottom: Black 2.25pt solid; padding: 2pt 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposed Maximum<BR>
Aggregate Offering<BR>
Price</B></FONT></TD>
    <TD STYLE="width: 20%; border-top: Black 4.5pt double; border-bottom: Black 2.25pt solid; padding: 2pt 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Amount of<BR>
Registration<BR>
Fee</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 4.5pt double; padding: 2pt 5.4pt">Subordinate Voting Shares, no par value</TD>
    <TD STYLE="border-bottom: Black 4.5pt double; padding: 2pt 5.4pt; text-align: center">750,000</TD>
    <TD STYLE="border-bottom: Black 4.5pt double; padding: 2pt 5.4pt; text-align: center">U.S.$406.97</TD>
    <TD STYLE="border-bottom: Black 4.5pt double; padding: 2pt 5.4pt; text-align: center">U.S.$305,227,500</TD>
    <TD STYLE="border-bottom: Black 4.5pt double; padding: 2pt 5.4pt; text-align: center">U.S.$28,294.59</TD></TR>
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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify">This registration statement on Form S-8 (this &ldquo;<U>Registration Statement</U>&rdquo;) registers an
aggregate of 750,000 Subordinate Voting Shares, no par value, of Fairfax Financial Holdings Limited (the &ldquo;<U>Registrant</U>&rdquo;)
to be offered under the Fairfax Financial Holdings Limited 1999 Restricted Share Plan (the &ldquo;<U>Plan</U>&rdquo;). In addition, pursuant
to Rule 416(a) under the Securities Act of 1933, as amended (the &ldquo;<U>Securities Act</U>&rdquo;), this Registration Statement also
covers any additional Subordinate Voting Shares to be issued in connection with any stock splits, stock dividends, recapitalizations or
similar transactions.</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify">Estimated pursuant to Securities Act Rules 457(c) and 457(h) solely for the purpose of calculating the
registration fee, based upon the average of the high and low prices for the Subordinate Voting Shares quoted on the Toronto Stock Exchange
on November 1, 2021 and at the November 1, 2021 exchange rate of Cdn. $1.00 = U.S. $0.81.</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; margin: 0; background-color: white; color: #333333">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="background-color: white">The
Registrant is filing this registration statement on Form S-8 pursuant to and in accordance with&nbsp;General Instruction&nbsp;E of Form
S-8 to register </FONT>750,000 <FONT STYLE="background-color: white">additional Subordinate Voting Shares (the &ldquo;<U>Stock</U>&rdquo;)
of the Company issuable pursuant to the Plan. &nbsp;The Registrant first registered the offer and sale of </FONT>550,000 <FONT STYLE="background-color: white">shares
of the Stock in connection with the Plan on its registration statement on Form S-8 (File No. </FONT>333-200235)&nbsp;<FONT STYLE="background-color: white">(the
&ldquo;<U>Prior Registration Statement</U>&rdquo;) filed with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;)
on November 17, 2014.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In accordance with <FONT STYLE="background-color: white">General
Instruction E of Form</FONT> S-8, the contents of the Prior Registration Statement, filed on November 17, 2014, are hereby incorporated
by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>PART II<BR>
<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>

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<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.6in"><B>Item 8.</B></TD><TD><B>Exhibits.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">See Exhibit Index below.</P>

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<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.6in"><B>Item 9.</B></TD><TD STYLE="text-align: justify"><B>Undertakings.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The undersigned Registrant hereby undertakes:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
To include any prospectus required by Section 10(a)(3) of the Securities Act;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
To reflect in the prospectus any facts or events after the effective date of this Registration Statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration
Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
To include any material information with respect to the Plan not previously disclosed in this Registration Statement or any material change
to such information in this Registration Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><I>provided, however,</I> that paragraphs
(a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is
contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that
are incorporated by reference in this Registration Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial bona fide offering thereof; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination
of the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of
the Registrant&rsquo;s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan&rsquo;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration
Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons
of the Registrant, pursuant to the foregoing provisions or otherwise, the Registrant has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.&nbsp; In the event
that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a
director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion
of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication
of such issue.<BR STYLE="clear: both">
</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Pursuant to the requirements of the Securities
Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Toronto,
Province of Ontario, Canada on November 5, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in"></P>

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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">FAIRFAX FINANCIAL HOLDINGS LIMITED</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>Date: November 5, 2021</TD>
  <TD STYLE="border-bottom: Black 1pt solid">/s/ Eric P. Salsberg</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>By:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eric P. Salsberg</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>Title:&#9;&nbsp;&nbsp;&nbsp;&nbsp;Vice President, Corporate Affairs and Corporate Secretary</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in; text-indent: -3.5in">&#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B><A NAME="a_001" TITLE="Power of Attorney"></A>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">KNOW ALL PERSONS BY THESE PRESENTS, that each
person whose signature appears below constitutes and appoints each of V. Prem Watsa, Eric P. Salsberg and Peter Clarke as his or her true
and lawful attorney-in-fact and agent, upon the action of any such appointee, with full power of substitution and re-substitution, to
do any and all acts and things and execute, in the name of the undersigned, any and all instruments which each of said attorneys-in-fact
and agents may deem necessary or advisable in order to enable Fairfax Financial Holdings Limited to comply with the Securities Act of
1933, as amended (the &ldquo;<U>Securities Act</U>&rdquo;), and any requirements of the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;)
in respect thereof, in connection with the filing with the Commission of this registration statement on Form S-8 (&ldquo;<U>Registration
Statement</U>&rdquo;) under the Securities Act, including specifically, but without limitation, power and authority to sign the name of
the undersigned to such registration Statement and any amendments to such Registration Statement (including post-effective amendments),
to file the same with all exhibits thereto and other documents in connection therewith with the Commission, to sign any and all applications,
registration statements, notices or other documents necessary or advisable to comply with applicable state securities laws, and to file
the same together with other documents in connection therewith with the appropriate state securities authorities, granting unto each of
said attorneys-in-fact and agents full power and authority to do and to perform each and every act and thing requisite or necessary to
be done in and about the premises, as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying
and confirming all that each of said attorneys-in-fact and agents may lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Pursuant to the requirements of the Securities
Act, this Registration Statement has been signed this 5<SUP>th</SUP> day of November, 2021 by the following persons in the following capacities:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 47%; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><U>Signature</U></TD>
    <TD STYLE="width: 53%; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><U>Title</U></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-left: 5.4pt; padding-bottom: 2pt">/s/ V. Prem Watsa</TD>
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt">Chairman and Chief Executive Officer (Principal Executive Officer)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">V. Prem Watsa</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1.5pt solid; padding-top: 2pt;  padding-left: 5.4pt; padding-bottom: 2pt">/s/ Jennifer Allen</TD>
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt">Vice President and Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Jennifer Allen</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-left: 5.4pt; padding-bottom: 2pt">/s/ Anthony F. Griffiths</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Anthony F. Griffiths</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-left: 5.4pt; padding-bottom: 2pt">/s/ Robert J. Gunn</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Robert J. Gunn</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">/s/ Rt. Hon. David L. Johnston</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Rt. Hon. David L. Johnston</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-left: 5.4pt; padding-bottom: 2pt">/s/ Karen L. Jurjevich</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Karen L. Jurjevich</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-left: 5.4pt; padding-bottom: 2pt">/s/ R. William McFarland</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">R. William McFarland</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-left: 5.4pt; padding-bottom: 2pt">/s/ Christine N. McLean</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Christine N. McLean</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-bottom: 2pt; width: 47%; padding-left: 5.4pt">/s/ Timothy R. Price</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt; width: 53%">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Timothy R. Price</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-bottom: 2pt; padding-left: 5.4pt">/s/ Brandon R. Sweitzer</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Brandon R. Sweitzer</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-bottom: 2pt; padding-left: 5.4pt">/s/ Lauren C. Templeton</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Lauren C. Templeton</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-top: 2pt; padding-bottom: 2pt; padding-left: 5.4pt">/s/ Benjamin P. Watsa</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">Benjamin P. Watsa</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">/s/ William C. Weldon</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">Director</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 2pt; padding-left: 5.4pt">William C. Weldon</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B></B></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>AUTHORIZED UNITED STATES REPRESENTATIVE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="letter-spacing: 0.2pt">Pursuant
to the requirements of the Securities Act, this Registration Statement on Form S-8 has been signed below by the undersigned, solely in
its capacity as the Registrant&rsquo;s duly authorized representative in the United States, on November 5, 2021.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">FAIRFAX (US) INC.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid">/s/ Eric P. Salsberg</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>By:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eric P. Salsberg</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>Title:&#9;&nbsp;&nbsp;&nbsp;&nbsp;Director and Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.5in"><U><BR></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B></B></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><A HREF="https://www.sec.gov/Archives/edgar/data/915191/000104746917000680/a2230903zex-3_1.htm">4.1</A></TD><TD STYLE="text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/915191/000104746917000680/a2230903zex-3_1.htm">The Registrant&rsquo;s Articles of Incorporation (incorporated by reference to Exhibit 3.1 to the Registrant&rsquo;s Registration Statement on Form F-4, filed with the Commission on February 15, 2017 (Commission File No. 333-216074))</A></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><A HREF="https://www.sec.gov/Archives/edgar/data/915191/000110465918027982/a18-11265_3ex99d1.htm">4.2</A></TD><TD STYLE="text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/915191/000110465918027982/a18-11265_3ex99d1.htm">Certificate of Amendment of the Registrant (incorporated by reference to Exhibit 99.1 to the Registrant&rsquo;s Form 6-K, filed with the Commission on April 30, 2018 (File No. 001-31556)</A></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><A HREF="https://www.sec.gov/Archives/edgar/data/915191/000104746917000680/a2230903zex-3_2.htm">4.3</A></TD><TD STYLE="text-align: justify"><P STYLE="margin: 0; font: 11pt Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/915191/000104746917000680/a2230903zex-3_2.htm">By-law No. 16 of the Registrant adopted by the Registrant&rsquo;s Board of Directors on March 28, 1991 and confirmed by the Registrant&rsquo;s shareholders on May 8, 1991 (incorporated by reference to Exhibit 3.2 to the Registrant&rsquo;s Registration Statement on Form F-4, filed with the Commission on February 15, 2017 (Commission File No. 333-216074))</A></FONT></P></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><A HREF="ss594055_ex2301.htm">23.1</A></TD><TD STYLE="text-align: justify"><A HREF="ss594055_ex2301.htm">Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm</A>*</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><A HREF="#a_001">24.1</A></TD><TD STYLE="text-align: justify"><A HREF="#a_001">Power of Attorney (included in this Registration Statement under &ldquo;Signatures&rdquo;)</A>*</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><A HREF="ss594055_ex9901.htm">99.1</A></TD><TD STYLE="text-align: justify"><FONT STYLE="background-color: white"><A HREF="ss594055_ex9901.htm">Fairfax Financial Holdings Limited 1999 Restricted Share Plan</A>*</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">* Filed herewith</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 42pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 42pt"></P>

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[{"type": "S-8", "sequence": "1", "filename": "ss594055_s8.htm", "description": "REGISTRATION STATEMENT", "secsgml_size_bytes": 42246}]
{"company-data": {"conformed-name": "FAIRFAX FINANCIAL HOLDINGS LTD/ CAN", "cik": "0000915191", "assigned-sic": "6331", "irs-number": "101728897", "state-of-incorporation": "Z4", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-260837", "film-number": "211385333"}, "business-address": {"street1": "FAIRFAX FINANCIAL HOLDINGS LTD", "street2": "95 WELLINGTON ST WEST STE 800", "city": "TORONTO", "state": "A6", "zip": "M5J 2N7", "phone": "4163674941"}, "mail-address": {"street1": "FAIRFAX FINANCIAL HOLDINGS LTD", "street2": "95 WELLINGTON ST WEST STE 800", "city": "TORONTO", "state": "A6", "zip": "M5J 2N7"}, "former-company": {"former-conformed-name": "FAIRFAX FINANCIAL HOLDINGS LTD", "date-changed": "19931122"}}
Registration No. 333-
As
filed with the Securities and Exchange Commission on November
5
, 2021
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
FAIRFAX FINANCIAL HOLDINGS LIMITED
(Exact name of registrant as specified in its charter)
Canada
(State or other jurisdiction of
incorporation or organization)
Not Applicable
(I.R.S. Employer
Identification No.)
95 Wellington Street West
Suite 800
Toronto, Ontario
Canada M5J 2N7
(Address of Principal Executive Offices, including zip code)
Fairfax Financial Holdings Limited
1999 Restricted Share Plan
(Full title of the plan)
CT Corporation System
111 Eighth Avenue, 13th Floor
New York, New York 10011
(212) 894-8700
(Name, address, and telephone number of agent for service)
With a copy to:
Doreen E. Lilienfeld, Esq.
Shearman & Sterling LLP
599 Lexington Avenue
New York, NY 10022
(212) 848-4000
Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.
 See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company"
and "emerging growth company" in Rule 12b-2 of the Exchange Act.:
Large accelerated filer
x
Accelerated filer ☐
Non-accelerated filer ☐
Smaller reporting company ☐
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 7(a)(2)(B) of the Securities Act. ☐
-
1
-
CALCULATION OF REGISTRATION FEE
Title of
Securities
To Be Registered
Amount
To Be
Registered(1)
Proposed Maximum
Offering Price
Per Share(2)
Proposed Maximum
Aggregate Offering
Price
Amount of
Registration
Fee
Subordinate Voting Shares, no par value
750,000
U.S.$406.97
U.S.$305,227,500
U.S.$28,294.59
(1)
This registration statement on Form S-8 (this "
Registration Statement
") registers an
aggregate of 750,000 Subordinate Voting Shares, no par value, of Fairfax Financial Holdings Limited (the "
Registrant
")
to be offered under the Fairfax Financial Holdings Limited 1999 Restricted Share Plan (the "
Plan
"). In addition, pursuant
to Rule 416(a) under the Securities Act of 1933, as amended (the "
Securities Act
"), this Registration Statement also
covers any additional Subordinate Voting Shares to be issued in connection with any stock splits, stock dividends, recapitalizations or
similar transactions.
(2)
Estimated pursuant to Securities Act Rules 457(c) and 457(h) solely for the purpose of calculating the
registration fee, based upon the average of the high and low prices for the Subordinate Voting Shares quoted on the Toronto Stock Exchange
on November 1, 2021 and at the November 1, 2021 exchange rate of Cdn. $1.00 = U.S. $0.81.
-
2
-
EXPLANATORY NOTE
The
Registrant is filing this registration statement on Form S-8 pursuant to and in accordance with General Instruction E of Form
S-8 to register
750,000
additional Subordinate Voting Shares (the "
Stock
")
of the Company issuable pursuant to the Plan.  The Registrant first registered the offer and sale of
550,000
shares
of the Stock in connection with the Plan on its registration statement on Form S-8 (File No.
333-200235)
(the
"
Prior Registration Statement
") filed with the Securities and Exchange Commission (the "
Commission
")
on November 17, 2014.
In accordance with
General
Instruction E of Form
S-8, the contents of the Prior Registration Statement, filed on November 17, 2014, are hereby incorporated
by reference.
-
3
-
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 8.
Exhibits.
See Exhibit Index below.
Item 9.
Undertakings.
(a)         
The undersigned Registrant hereby undertakes:
(1)         
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i)           
To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii)          
To reflect in the prospectus any facts or events after the effective date of this Registration Statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration
Statement;
(iii)         
To include any material information with respect to the Plan not previously disclosed in this Registration Statement or any material change
to such information in this Registration Statement;
provided, however,
that paragraphs
(a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is
contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that
are incorporated by reference in this Registration Statement;
(2)         
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial bona fide offering thereof; and
(3)         
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination
of the offering.
(b)         
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of
the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration
Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.
(c)          
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons
of the Registrant, pursuant to the foregoing provisions or otherwise, the Registrant has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.  In the event
that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a
director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion
of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication
of such issue.
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4
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SIGNATURES
Pursuant to the requirements of the Securities
Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Toronto,
Province of Ontario, Canada on November 5, 2021.
FAIRFAX FINANCIAL HOLDINGS LIMITED
Date: November 5, 2021
/s/ Eric P. Salsberg
By:	       Eric P. Salsberg
Title:	    Vice President, Corporate Affairs and Corporate Secretary
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5
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POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each
person whose signature appears below constitutes and appoints each of V. Prem Watsa, Eric P. Salsberg and Peter Clarke as his or her true
and lawful attorney-in-fact and agent, upon the action of any such appointee, with full power of substitution and re-substitution, to
do any and all acts and things and execute, in the name of the undersigned, any and all instruments which each of said attorneys-in-fact
and agents may deem necessary or advisable in order to enable Fairfax Financial Holdings Limited to comply with the Securities Act of
1933, as amended (the "
Securities Act
"), and any requirements of the Securities and Exchange Commission (the "
Commission
")
in respect thereof, in connection with the filing with the Commission of this registration statement on Form S-8 ("
Registration
Statement
") under the Securities Act, including specifically, but without limitation, power and authority to sign the name of
the undersigned to such registration Statement and any amendments to such Registration Statement (including post-effective amendments),
to file the same with all exhibits thereto and other documents in connection therewith with the Commission, to sign any and all applications,
registration statements, notices or other documents necessary or advisable to comply with applicable state securities laws, and to file
the same together with other documents in connection therewith with the appropriate state securities authorities, granting unto each of
said attorneys-in-fact and agents full power and authority to do and to perform each and every act and thing requisite or necessary to
be done in and about the premises, as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying
and confirming all that each of said attorneys-in-fact and agents may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities
Act, this Registration Statement has been signed this 5
th
day of November, 2021 by the following persons in the following capacities:
Signature
Title
/s/ V. Prem Watsa
Chairman and Chief Executive Officer (Principal Executive Officer)
V. Prem Watsa
/s/ Jennifer Allen
Vice President and Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
Jennifer Allen
/s/ Anthony F. Griffiths
Director
Anthony F. Griffiths
/s/ Robert J. Gunn
Director
Robert J. Gunn
/s/ Rt. Hon. David L. Johnston
Director
Rt. Hon. David L. Johnston
/s/ Karen L. Jurjevich
Director
Karen L. Jurjevich
/s/ R. William McFarland
Director
R. William McFarland
/s/ Christine N. McLean
Director
Christine N. McLean
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6
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/s/ Timothy R. Price
Director
Timothy R. Price
/s/ Brandon R. Sweitzer
Director
Brandon R. Sweitzer
/s/ Lauren C. Templeton
Director
Lauren C. Templeton
/s/ Benjamin P. Watsa
Director
Benjamin P. Watsa
/s/ William C. Weldon
Director
William C. Weldon
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7
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AUTHORIZED UNITED STATES REPRESENTATIVE
Pursuant
to the requirements of the Securities Act, this Registration Statement on Form S-8 has been signed below by the undersigned, solely in
its capacity as the Registrant's duly authorized representative in the United States, on November 5, 2021.
FAIRFAX (US) INC.
/s/ Eric P. Salsberg
By:	       Eric P. Salsberg
Title:	    Director and Vice President
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8
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EXHIBIT INDEX
4.1
The Registrant's Articles of Incorporation (incorporated by reference to Exhibit 3.1 to the Registrant's Registration Statement on Form F-4, filed with the Commission on February 15, 2017 (Commission File No. 333-216074))
4.2
Certificate of Amendment of the Registrant (incorporated by reference to Exhibit 99.1 to the Registrant's Form 6-K, filed with the Commission on April 30, 2018 (File No. 001-31556)
4.3
By-law No. 16 of the Registrant adopted by the Registrant's Board of Directors on March 28, 1991 and confirmed by the Registrant's shareholders on May 8, 1991 (incorporated by reference to Exhibit 3.2 to the Registrant's Registration Statement on Form F-4, filed with the Commission on February 15, 2017 (Commission File No. 333-216074))
23.1
Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm
*
24.1
Power of Attorney (included in this Registration Statement under "Signatures")
*
99.1
Fairfax Financial Holdings Limited 1999 Restricted Share Plan
*
* Filed herewith
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9
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