CU Inc. — Regulatory Filings 2020

Sep 9, 2020

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RECEIPT

CU INC.

This is the receipt of the Alberta Securities Commission for the Preliminary Short Form Base Shelf Prospectus of the above Issuer dated September 9, 2020 (the preliminary prospectus).

This receipt also evidences that the Ontario Securities Commission has issued a receipt for the preliminary prospectus.

The preliminary prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Prince Edward Island, Nova Scotia and Newfoundland and Labrador. A receipt for the preliminary prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

September 9, 2020

"Timothy Robson" Timothy Robson Manager, Legal, Corporate Finance

SEDAR Project #03111607

SUITE 600, 250 - 5TH STREET S.W., CALGARY, ALBERTA, CANADA T2P 0R4 TEL: 403.297.6454 FAX: 403.297.6156 www.albertasecurities.com