Members and Friends, These are challenging times as we all navigate the evolving Coronavirus situation. We want to provide you with a brief update about how Shared Capital is responding for our staff, members, borrowers and investors. We are prioritizing the health and safety of our team and are providing flexibility to our staff. We remain fully operational to assist our members and borrowers and have systems in place to maintain operations remotely to support our members during these challenging times. We know everyone is facing uncertainty, and we are hearing from many of our members about the current and anticipated financial impact of business disruption and closures. Effective immediately, we are offering 60 days of payment relief to our borrowers that are facing financial challenges due to Coronavirus. This short-term measure will allow us to move quickly to respond to rapidly changing situations while we work with borrowers to assess their situation and implement additional assistance if needed. To request payment forbearance, please email info@sharedcapital.coop . In addition, we recognize that some cooperatives need additional cash to manage through business disruptions and temporary closures. We are accepting requests for emergency loans and will be issuing additional guidance about these loans over the coming days. Any cooperative needing to access financing should contact info@sharedcapital.coop. Please don't hesitate to contact us as we are here to support you. We are also working to provide other resources and referrals that may be useful for our members and borrowers over the coming weeks. Watch for more information. In Cooperation,

Christina Jennings