Dream Chasers Says Carver's Best Days are Ahead, Urges Shareholders to Turn a New Page

Core Viewpoint - Dream Chasers Capital Group is urging shareholders of Carver Bancorp to support the election of Mr. Jeffrey "Jeff" Anderson and Mr. Jeffrey Bailey to the Board of Directors, emphasizing the need for change to improve the company's financial performance and governance [1][2]. Group 1: Financial Performance and Governance - Carver Bancorp has experienced significant financial decline, with over $25 million in losses over the last decade and a 79% decrease in shareholder value [8][21]. - The current Board, particularly members Kenneth Knuckles and Jillian Joseph, has been criticized for poor performance, with returns of -78% and -45% respectively during their tenures [10][11]. - Dream Chasers argues that the existing Board is more focused on maintaining the status quo rather than implementing necessary changes for growth and profitability [4][6]. Group 2: Nominee Qualifications - Mr. Jeffrey "Jeff" Anderson has over 30 years of banking experience, including roles at major financial institutions, and has overseen $100 billion in assets [12]. - Mr. Jeffrey Bailey is noted as a successful entrepreneur and the largest individual shareholder of Carver, with a commitment to enhancing shareholder value [13]. - The current Board's claims about the nominees lacking relevant experience are countered by highlighting that the existing members have no banking experience and have not performed well [7][9].