Mr. Richard Carty reports

UNITED CORPORATIONS LIMITED ANNOUNCES OUTCOME OF DIRECTOR ELECTIONS

United Corporations Ltd. has released the following voting results for the election of directors at its annual meeting of shareholders held on June 20, 2018.

Director nominee               Votes for  % of votes cast  Votes withheld  % of votes cast

Christopher A. Alexander      10,136,491            99.94           6,052             0.06
David J. Dawson               10,138,286            99.96           4,257             0.04
Duncan N.R. Jackman            9,947,249            98.07         195,294             1.93
Kim Shannon                   10,140,683            99.98           1,860             0.02
Mark M. Taylor                10,140,803            99.98           1,740             0.02
Michael J. White              10,138,286            99.96           4,257             0.04
David R. Wingfield            10,140,683            99.98           1,860             0.02