FIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2025 DIVIDEND

Group 1 - First United Corporation's Board of Directors declared a cash dividend of $0.22 per share, payable on February 3, 2025, to shareholders of record as of January 17, 2025 [1] Group 2 - First United Corporation is the parent company of First United Bank & Trust, which operates as a Maryland trust company with commercial banking powers [2] - The Bank has several wholly-owned subsidiaries, including OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, which are finance companies [2] - The Bank also owns interests in partnerships focused on acquiring, developing, and operating low-income housing units in Maryland [2]