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HEI Begins Monetizing ASB Shares, Enabling Advance Funding of Maui Wildfire Settlement

HE

On September 16, 2026, Hawaiian Electric Industries, Inc. (NYSE - HE) ("HEI") monetized 30% of its 9.9% stake in American Savings Bank, N.A. (NYSE - ASBH) ("ASB"), as part of ASB’s initial public