Caribbean Utilities Co. Ltd. Class A CUP.U

Caribbean Utilities Company, Ltd. ("CUC" or the "Company") is proud to announce the release of its 2026 Sustainability Report, provides a comprehensive overview of CUC's sustainability performance, achievements, and impact during 2025, while commemorating CUC's milestone of 60 years of service to Grand Cayman.

Caribbean Utilities Company, Ltd. ("CUC" or the "Company") today announced the closing of a record US$160 million private placement of Senior Unsecured Notes (the "Notes") with institutional investors to support grid modernization, resilience and sustainable growth. The transaction consists of:

Caribbean Utilities Company, Ltd. (TSX: CUP.U) ("CUC" or "the Company") announced that the Board of Directors has declared a dividend of US$0.20 per Class A Ordinary Share. This represents US$0.80 per share on an annualized basis. The dividend is payable on September 15, 2026 to shareholders of record on September 1, 2026.

CUC reported strong second quarter 2026 financial results, with net earnings increasing as the Company rebounded from a slower first quarter impacted by weather-related reductions in electricity sales. While delivering solid financial performance, CUC remained focused on enhancing customer affordability and generating sustainable value for customers, shareholders, and the communities it proudly serves.

Caribbean Utilities Company, Ltd. (TSX: CUP.U) ("CUC" or "the Company") announced that the nominees listed in the Company's Notice to Shareholders and Management Information Circular dated March 20, 2026 were elected as Directors of Caribbean Utilities Company, Ltd at the Company's Annual General Meeting of Shareholders ("the AGM"), held on May 11, 2026 in Grand Cayman, Cayman Islands.

Key highlights include Q1 2026 results reflecting cooler weather conditions; significant tourism activity, 60 years of contributions to the Caymanian economy; continued fuel cost savings passed on to customers and National Heroes Day recognition.

Caribbean Utilities Company, Ltd. ("CUC" or the "Company") welcomes approval of the Certificate of Need ("CON") by the Utility Regulation and Competition Office ("URCO" or the "Regulator"), paving the way for increased generation capacity to support Grand Cayman's continued growth.