First Trinity Financial Corporation

Exhibit 99.1

First Trinity Financial Corporation

0000 Xxxx 00xx Xxxxx

Suite 230

Tulsa, Oklahoma 74133

February 26, 2024

MTCP LLC

Brickell L&A Holdings LLC

000 Xxxxxxxx Xxxxxx, Xxxxx 0000

Miami, Florida 33133

Attention: Xxxxx Xxxx, Esq.

Copy to:

Xxxxxx, Xxxxx & Xxxxxxx LLP

000 Xxxx Xxxxxx

New York, New York 10178

Attention: Xxxxxxx X. XxxXxxxxx, Esq.

Copy to:

Xxxxx & Xxxxxx, P.C.

0000 Xxxxxxxx, 00^xx Xxxxx

Denver, Colorado 80202

Attention: Xxxx X. Xxxxxxx, Esq.

Termination of Share Acquisition Agreement, as amended

Reference is made to that certain Share Acquisition Agreement by and among First Trinity Financial Corporation (“FTFC”), MTCP LLC (“MTCP”), Brickell L&A Holdings LLC (“Brickell”) and Xxxx Xxxxx and Xxxxxx Xxxxxx in their capacities as Shareholders’ Representatives (“Representatives”) dated April 24, 2023; and to that certain Fifth Amendment to Share Acquisition Agreement (“Fifth Amendment”) by and among FTFC, MTCP and Brickell dated February 9, 2024.

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In accordance with Section 10.2 of the Share Acquisition Agreement and Section 1(b) of the Fifth Amendment, this shall constitute notice that FTFC hereby terminates the Share Acquisition Agreement (with the exception of those Sections specifically set forth in Section 8.2) effective February 20, 2024 under Section 8(a)(v)(y) of the Share Acquisition Agreement as amended by the Fifth Amendment. Pursuant to Section 1(c) of the Fifth Amendment, FTFC will be demanding reimbursement of its expenses forthwith.

	First Trinity Financial Corporation
	By:	/s/ Xxxxx X. Xxxx
	Name: Xxxxx X. Xxxx
	Title: Chief Executive Officer

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