University Bancorp, Inc. Acquires Common Shares of Currency Exchange International, Corp. - Seite 2

For further information, including a copy of the corresponding report filed with Canadian securities regulators, please visit www.sedarplus.ca or contact Stephen Lange Ranzini, President & CEO of UNIB at 734-741-5858, Ext. 9226. UNIB's address is 2015 Washtenaw Avenue, Ann Arbor, Michigan, 48104, United States of America.

About UNIB
When UNIB announced its 2024 financial results, we noted the following key accomplishments:

• Revenue in 2024 grew 18.65%. Our 10-year average revenue growth was 18.70%;

• Return on Equity (ROE) for 2024 was 12.5%. Our 10-year average ROE was 25.97%;

• Shareholders' equity at University Bank exceeded $100 million for the first time ever.

• Shareholders' equity at UNIB at 12/31/2024 was $93,590,773 (excluding minority interest of $11,961,541), or $18.10 per share, based on common shares outstanding at December 31, 2024 of 5,169,518.

Shareholders and investors are encouraged to refer to the financial information including the investor presentations, audited financial statements, strategic plan and prior press releases, available on our investor relations web page at: http://www.university-bank.com/bancorp/. A detailed income statement, balance sheet and other financial information for UNIB and University Bank as of 12/31/2024 is available here: https://www.university-bank.com/wp-content/uploads/2025/03/4Q2024-UNIB ....

Ann Arbor-based University Bancorp is a Federal Reserve regulated financial holding company that owns:

• 100% of University Bank, a bank based in Ann Arbor, Michigan;

• 100% of Crescent Assurance, PCC, a captive insurance company licensed in Washington DC; and

• 100% of Hyrex Servicing, a master mortgage servicing firm, based in Ann Arbor, Michigan.

University Bank together with its Michigan-based subsidiaries, holds and manages a total of over $36 billion in financial assets for over 183,000 customers, and our 528 employees make us the 5th largest bank based in Michigan. University Bank is an FDIC-insured, locally owned and managed community bank, and meets the financial needs of its community through its creative and innovative services. Founded in 1890, University Bank is the 15th oldest bank headquartered in Michigan. We are proud to have been selected as the "Community Bankers of the Year" by American Banker magazine and as the recipient of the American Bankers

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