b'Stability, Confidence, and Strong Results Through Financial DisciplineAt Mission Fed, the safety, security, and service we provide our members has always been our top priority. We have been proudly serving San Diegans for over 60 years through the strong, personal connections we build with our membership and partnerships throughout the San Diego community, as well as our consistent fiscal discipline. Our mission, Earning trust, investing in our memberships success, and caring for our community is always top of mind and what makes us the premier credit union in San Diego.Invested in Your Financial Well-beingWe remained laser-focused on serving our 289,676 member-owners financial needs while fortifying our safety, soundness, and security as your credit union. Despite the volatile market conditions and ever evolving environment, we supported our members through our complete suite of products and services. We accomplished this while maintaining a strong financial position, evidenced by sound independent audit results, and capital and credit reserve ratios that far exceeded regulatory requirements.Invested in Our San Diego CommunityIn 2022, we raised and invested over $1 million in our local community, helping to support the missions of a variety of local nonprofit organizations and critical causes that uplifted San Diego. Giving back our time, treasure, and talent to our local community is part of our DNA.Inspired by Our StaffWe could not accomplish any of these results and provide outstanding service to our members and community without our dedicated and caring staff, particularly during these turbulent times. We are proud of and grateful to our Mission Fed team, who continuously works hard to ensure that we are always there for our members, our community, and each other. Over the past several years, we have demonstrated our resilience, strength, security, and compassion. You can count on us to continue to model this tenacity and care in the future.SOUND Sincerely, Dr. Don J. Shelton Debra SchwartzChair, Board of Directors President and CEO4'