Driver Management Discloses Irrefutable Evidence of First United's Lies and Attempts to Collude With Maryland Commissioner

May 18, 2020

Driver Management Company LLC (together with its affiliates, “Driver” or “we”), the largest shareholder of First United Corporation (NASDAQ: FUNC) (“First United” or the “Company”), today announced that it has obtained documents that disprove First United’s repeated denials of meddling with shareholder rights and expose the Company’s scheme to leverage its close relationship with state regulators to punish shareholders who refuse to toe its line. A presentation summarizing First United’s desperate lobbying of the Maryland Commissioner of Financial Regulation (the “Maryland Commissioner”) is available at www.RenovateMyBank.com.

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