Part A - Non-cumulative (maximum annual dividend: 45,000 x $4.48 = $201,600) 1. Year 2021 2022 2023 Total for three years 2. Preferred Shares: Common Shares: Part B - Cumulative 1. Year 2021 2022 2023 Total for three years Preferred Dividends $160,000 201,600 201,600 $563,200 Preferred Dividends $160,000 201,600+ 41,600 = 243,200 201,600 Common Dividends $201,600/45,000 shares = $4.48 per share $358,400/80,000 shares = $4.48 per share $604,800 0 $198,400 358,400 $556,800 Common Dividends 0 $156,800 358,400 $515,200 2. Preferred Shares: $201,600/45,000 shares = $4.48 per share Common Shares: $358,400/80,000 shares = $4.48 per share Total Dividends $ 160,000 400,000 560,000 $1,120,000 Total Dividends $ 160,000 400,000 560,000 $1,120,000

Part A - Non-cumulative (maximum annual dividend: 45,000$4.48=$201,600 ) 1. 2. Preferred Shares: $201,600/45,000 shares =$4.48 per share Common Shares: $358,400/80,000 shares =$4.48 per share Part B - Cumulative 1. 2. Preferred Shares: $201,600/45,000 shares =$4.48 per share Common Shares: $358,400/80,000 shares =$4.48 per share