Mr. Frank Glosnek reports

UNITED CORPORATIONS LIMITED ANNOUNCES DIVIDEND ON COMMON SHARES

The board of directors of United Corporations Ltd. has declared a cash dividend of 40 cents per common share payable June 28, 2024, to shareholders of record on June 14, 2024. This dividend represents a distribution of the balance of net investment income (after payment of preferred share dividends) for the year ended March 31, 2024.

United Corporations advises that the referenced dividend is an eligible dividend for the purposes of the Income Tax Act (Canada), and any similar provincial tax legislation.