$21,230,000 WESTERN PLACER UNIFIED SCHOOL DISTRICT Certificates of Participation (2025 Financing Project, Series A) Evidencing a Direct, Undivided Fractional Interest of the Owners Hereof in Series A Lease Payments to be Made by the WESTERN PLACER UNIFIED SCHOOL DISTRICT (Placer County, California) $3,020,000 WESTERN PLACER UNIFIED SCHOOL DISTRICT Certificates of Participation (2025 Financing Project, Series B) Evidencing a Direct, Undivided Fractional Interest of the Owners Hereof in Series B Lease Payments to be Made by the WESTERN PLACER UNIFIED SCHOOL DISTRICT (Placer County, California) FOS POSTED 7-22-25

$21,230,000 WESTERN PLACER UNIFIED SCHOOL DISTRICT Certificates of Participation (2025 Financing Project, Series A) Evidencing a Direct, Undivided Fractional Interest of the Owners Hereof in Series A Lease Payments to be Made by the WESTERN PLACER UNIFIED SCHOOL DISTRICT (Placer County, California) $3,020,000 WESTERN PLACER UNIFIED SCHOOL DISTRICT Certificates of Participation (2025 Financing Project, Series B) Evidencing a Direct, Undivided Fractional Interest of the Owners Hereof in Series B Lease Payments to be Made by the WESTERN PLACER UNIFIED SCHOOL DISTRICT (Placer County, California) FOS POSTED 7-22-25

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$20,855,000* WESTERN PLACER UNIFIED SCHOOL DISTRICT Certificates of Participation (2025 Financing Project, Series A) Evidencing a Direct, Undivided Fractional Interest of the Owners Hereof in Series A Lease Payments to be Made by the WESTERN PLACER UNIFIED SCHOOL DISTRICT (Placer County, California) $3,040,000* WESTERN PLACER UNIFIED SCHOOL DISTRICT Certificates of Participation (2025 Financing Project, Series B) Evidencing a Direct, Undivided Fractional Interest of the Owners Hereof in Series B Lease Payments to be Made by the WESTERN PLACER UNIFIED SCHOOL DISTRICT (Placer County, California) POS POSTED 7-9-25

$20,855,000* WESTERN PLACER UNIFIED SCHOOL DISTRICT Certificates of Participation (2025 Financing Project, Series A) Evidencing a Direct, Undivided Fractional Interest of the Owners Hereof in Series A Lease Payments to be Made by the WESTERN PLACER UNIFIED SCHOOL DISTRICT (Placer County, California) $3,040,000* WESTERN PLACER UNIFIED SCHOOL DISTRICT Certificates of Participation (2025 Financing Project, Series B) Evidencing a Direct, Undivided Fractional Interest of the Owners Hereof in Series B Lease Payments to be Made by the WESTERN PLACER UNIFIED SCHOOL DISTRICT (Placer County, California) POS POSTED 7-9-25

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