CARV

Exchange Agreement Follows Prior $1 Million-Plus Interest Cancellation and Demonstrates Institutional Investor's Belief in Carver's Value-Creation Potential NEW YORK, Aug. 3, 2026 /PRNewswire/ -- Carver Bancorp, Inc. ("Carver" or the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank"), today announced that it has entered into a second agreement with EJF Capital LP ("EJF"), whose affiliates hold the Company's Trust Preferred Securities (the "TruPS") and have agreed to cancel approximately $250,000 in interest obligations in exchange for 100,174 shares of Carver common stock (the "Exchange Agreement"). This Exchange Agreement follows the previously announced cancellation of more than $1 million in interest obligations by TruPS holder EJF.

NEW YORK, May 22, 2026 /PRNewswire/ -- Carver Bancorp, Inc. ("Carver" or the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank," a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI")), today announced that stockholders have elected both of the Company's director nominees – Keith Mestrich and Donald Felix – to the Board of Directors (the "Board") at the Annual Meeting of Stockholders (the "Annual Meeting") held May 21, 2026. Each of Carver's nominees received more than 90% of the votes cast.

Nominees Keith Mestrich and Donald Felix Collectively Bring Backgrounds that Directly Align with Carver's Needs, Including Experience Transforming Financial Institutions and Driving Profitability and Growth Refreshment Delivers on Previously Announced Board Modernization Commitment and is a Critically Important Part of Positioning Carver for Sustainable Profitability and Growth Management and the Board Continue to Take Decisive Actions to Improve Performance and Enhance Value for All Stockholders Vote on the WHITE Proxy Card TODAY to Elect Carver's Two Highly Qualified Candidates – Keith Mestrich and Donald Felix – to the Board   NEW YORK, April 27, 2026 /PRNewswire/ -- Carver Bancorp, Inc. ("Carver" or the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank," a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI")), announced its slate of nominees for election to the Board of Directors (the "Board") at the 2026 Annual Meeting of Stockholders (the "Annual Meeting"). The slate includes: Keith Mestrich, former Chief Executive Officer and President of Amalgamated Bank.