The following is a summary of the Amalgamation Agreement:

Conexus Credit Union 2006 (Conexus), Cornerstone Credit Union Financial Group Limited (Cornerstone), and Synergy Credit Union Ltd. (Synergy), (the Amalgamating Credit Unions), agree to amalgamate as one new Credit Union, the name of which will be determined by the boards of the Amalgamating Credit Unions. Each member shall become a member of the Amalgamated Credit Union on the date of amalgamation and receive the privileges thereof. The Amalgamated Credit Union shall become the owner and maintain a complete record of all assets, rights and things and be subject to all of the liabilities and obligations of each of the Amalgamating Credit Unions. Each of the Amalgamating Credit Unions will provide full disclosure of its assets and liabilities. From the date of agreement until the amalgamation date of January 1, 2026, the Amalgamating Credit Unions shall consult with each other with regard to business operations and extraordinary expenses. The Amalgamation Agreement includes proposed Articles of Amalgamation, Bylaws and the first directors of the Amalgamated Credit Union. The auditors for the new Credit Union will be Deloitte LLP. If the membership of Conexus approves the amalgamation, but one of either Cornerstone or Synergy do not approve the amalgamation, Conexus and the other approving credit union will amalgamate notwithstanding the withdrawal of the non-approving credit union.