Ms. Letitia Lawrence reports

CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES INCREASE IN DIVIDEND ON CLASS A ORDINARY SHARES

Caribbean Utilities Company Ltd.'s board of directors has declared an increase in the regular quarterly dividend from 19 U.S. cents to 20 U.S. cents per Class A ordinary share. This represents a 5-per-cent increase from 76 U.S. cents to 80 U.S. cents per share on an annualized basis. The dividend is payable on June 15, 2026, to shareholders of record on June 1, 2026.

The principal activity of the company is to generate, transmit and distribute electricity in its licence area of Grand Cayman, Cayman Islands, pursuant to a 20-year transmission and distribution (T&D) licence and a 25-year non-exclusive generation licence granted by the Cayman Islands government. The T&D licence, which expires in April, 2028, contains provisions for an automatic 20-year renewal and the company has reasonable expectation of renewal until April, 2048. The generation licence expires in November, 2039.

We seek Safe Harbor.