$2,250,000* PACIFIC GROVE UNIFIED SCHOOL DISTRICT (Monterey County, California) General Obligation Bonds Election of 2014, Series E (Ed-Tech Bonds®) $8,760,000* PACIFIC GROVE UNIFIED SCHOOL DISTRICT (Monterey County, California) General Obligation Bonds Election of 2020, Series D $3,020,000* PACIFIC GROVE UNIFIED SCHOOL DISTRICT (Monterey County, California) 2025 General Obligation Refunding Bonds $10,720,000* PACIFIC GROVE UNIFIED SCHOOL DISTRICT (Monterey County, California) 2026 General Obligation Refunding Bonds (Forward Delivery) POS POSTED 11-12-25

$2,250,000* PACIFIC GROVE UNIFIED SCHOOL DISTRICT (Monterey County, California) General Obligation Bonds Election of 2014, Series E (Ed-Tech Bonds®) $8,760,000* PACIFIC GROVE UNIFIED SCHOOL DISTRICT (Monterey County, California) General Obligation Bonds Election of 2020, Series D $3,020,000* PACIFIC GROVE UNIFIED SCHOOL DISTRICT (Monterey County, California) 2025 General Obligation Refunding Bonds $10,720,000* PACIFIC GROVE UNIFIED SCHOOL DISTRICT (Monterey County, California) 2026 General Obligation Refunding Bonds (Forward Delivery) POS POSTED 11-12-25

$70,080,000* THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX, ARIZONA Senior Rental Housing Revenue Refunding Bonds (Christian Care Surprise, Inc. Project), Tax-Exempt Series 2025A $5,165,000* THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX, ARIZONA Senior Rental Housing Revenue Refunding Bonds (Christian Care Surprise, Inc. Project), Taxable Series 2025B POS + INVESTOR MARKETING VIDEO + INVESTOR PRESENTATION POSTED 11-7-25

$70,080,000* THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX, ARIZONA Senior Rental Housing Revenue Refunding Bonds (Christian Care Surprise, Inc. Project), Tax-Exempt Series 2025A $5,165,000* THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX, ARIZONA Senior Rental Housing Revenue Refunding Bonds (Christian Care Surprise, Inc. Project), Taxable Series 2025B POS + INVESTOR MARKETING VIDEO + INVESTOR PRESENTATION POSTED 11-7-25

POS  Investor Marketing Video Investor Presentation 
$18,430,000∗ CITY AND COUNTY OF SAN FRANCISCO REFUNDING CERTIFICATES OF PARTICIPATION $2,730,000* SERIES 2025-R2 (PORT FACILITIES PROJECT) (Non-AMT) $15,700,000* SERIES 2025-R3 (PORT FACILITIES PROJECT) (AMT) evidencing proportionate interests of the Owners thereof in a Project Lease, including the right to receive Base Rental payments to be made by the CITY AND COUNTY OF SAN FRANCISCO POS + INVESTOR PRESENTATION POSTED 11-3-25

$18,430,000∗ CITY AND COUNTY OF SAN FRANCISCO REFUNDING CERTIFICATES OF PARTICIPATION $2,730,000* SERIES 2025-R2 (PORT FACILITIES PROJECT) (Non-AMT) $15,700,000* SERIES 2025-R3 (PORT FACILITIES PROJECT) (AMT) evidencing proportionate interests of the Owners thereof in a Project Lease, including the right to receive Base Rental payments to be made by the CITY AND COUNTY OF SAN FRANCISCO POS + INVESTOR PRESENTATION POSTED 11-3-25

POS INVESTOR PRESENTATION 
$262,500,000 SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (COUNTY OF SACRAMENTO, CALIFORNIA) GENERAL OBLIGATION BONDS, 2020 ELECTION (MEASURE H), 2025 SERIES C $143,000,000 SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (COUNTY OF SACRAMENTO, CALIFORNIA) GENERAL OBLIGATION BONDS, 2024 ELECTION (MEASURE D), 2025 SERIES A $9,920,000 SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (COUNTY OF SACRAMENTO, CALIFORNIA) 2025 GENERAL OBLIGATION REFUNDING BONDS, SERIES A $36,200,000 SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (COUNTY OF SACRAMENTO, CALIFORNIA) 2025 GENERAL OBLIGATION REFUNDING BONDS, SERIES B FOS POSTED 10-30-25

$262,500,000 SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (COUNTY OF SACRAMENTO, CALIFORNIA) GENERAL OBLIGATION BONDS, 2020 ELECTION (MEASURE H), 2025 SERIES C $143,000,000 SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (COUNTY OF SACRAMENTO, CALIFORNIA) GENERAL OBLIGATION BONDS, 2024 ELECTION (MEASURE D), 2025 SERIES A $9,920,000 SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (COUNTY OF SACRAMENTO, CALIFORNIA) 2025 GENERAL OBLIGATION REFUNDING BONDS, SERIES A $36,200,000 SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (COUNTY OF SACRAMENTO, CALIFORNIA) 2025 GENERAL OBLIGATION REFUNDING BONDS, SERIES B FOS POSTED 10-30-25