Barry James Mann Acquires 5% Stake in Carver Bancorp Inc

Barry James Mann has acquired a 5% stake in Carver Bancorp Inc, purchasing 264,240 shares for a total investment of $570,510.76 at an average price of $2.16 per share. Mann believes the shares are undervalued and represent an attractive investment opportunity. He intends to purchase additional shares and engage with the Issuer's Board, Management team, shareholders, and other interested parties to support the strategic plan proposed by the Issuer's management team to improve efficiency and financial condition, and to increase shareholder value through organic growth. Mann has sole voting and dispositive power over the shares and has no contracts, arrangements, understandings, or relationships related to these shares.