Ms. Claire Stafford reports

CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES DECLARATION OF DIVIDEND ON CLASS A ORDINARY SHARES

Caribbean Utilities Co. Ltd.'s board of directors has declared a dividend of 18.5 U.S. cents per Class A ordinary share or an annualized dividend of 74 U.S. cents per share. The dividend will be payable on March 14, 2025, to shareholders of record on Feb. 28, 2025.

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.