CU INC. ANNOUNCES CONVERSION RESULTS FOR ITS SERIES 4 PREFERRED SHARES

CU Inc. announced that holders of Series 4 Preferred Shares will not be able to convert into Series 5 Preferred Shares, as only approximately 625 shares were tendered for conversion against the required one million shares threshold. The Series 4 Preferred Shares will continue paying a fixed quarterly dividend at an annual rate of 4.573% for the five-year period beginning June 1, 2026.