Corona City Council
November 19, 2025

Wednesday, November 19, 2025
Closed Session Council Board Room 5:00 PM
Open Session Council Chambers 6:00 PM
**Revised the agenda on Tuesday, November 18, 2025 at 1:34 p.m. Item 6.5 - Exhibit 6 was revised.** This meeting will be conducted in person. You can participate remotely: https://coronaca-gov.zoom.us/j/88041830115

1. CONVENE CLOSED SESSION

1.1 CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(D)(1)
NAME OF CASE: TIMOTHY NAJMULSKI V. CITY OF CORONA
WCAB CASE NUMBERS: ADJ18621477

1.2 CONFERENCE WITHREAL PROPERTY NEGOTIATORS
PURSUANT TO GOVERNMENT CODE SECTION 54956.8
PROPERTY: 141 CORONA MALL, 117-143-009
AGENCY NEGOTIATOR: JACOB ELLIS, CITY MANAGER
NEGOTIATING PARTY: FRANK TORRES AND ANNA DELIA TORRES
UNDER NEGOTIATION: PRICE AND TERMS OF PAYMENT

1.3 CONFERENCE WITH LABOR NEGOTIATORS
PURSUANT TO GOVERNMENT CODE SECTION 54957.6
AGENCY DESIGNATED REPRESENTATIVE: JACOB ELLIS, CITY MANAGER EMPLOYEE ORGANIZATION: CORONA UTILITIES EMPLOYEE ASSOCIATION

2. INVOCATION
The invocation may be offered by a person of any religion, faith, belief or non-belief, as well as Council Members. A list of volunteers is maintained by the City Clerk and interested persons should contact the Clerk for further information.

3. PLEDGE OF ALLEGIANCE

4. CONVENE OPEN SESSION
Individuals wishing to address the City Council are requested to complete a speaker card available at the rear of the Council Chambers. Please deliver the card to the City Clerk prior to the item being heard by the City Council or, for items not listed on the agenda, before the "Communications" section of the agenda is called.

Please observe a three-minute limit for communications and please note that the Communications section of the agenda is limited to items within the subject matter jurisdiction of the City Council that are not listed on the agenda. Once called upon to speak, you are requested to state your name and city of residence for the record.

5. PROCLAMATIONS/RECOGNITIONS/PRESENTATIONS

5.1 RECOGNITION: BOBBY SPIEGEL

6. CONSENT CALENDAR
All items listed on the Consent Calendar are considered to be routine matters, status reports or documents covering previous City Council action. The items listed on the Consent Calendar may be enacted in one motion. With the concurrence of the City Council, a Council member or any person in attendance may request that an item be removed for further consideration.

6.1 MINUTES - CITY COUNCIL MEETING NOVEMBER 5, 2025
Approval of Minutes for the City Council, Successor Agency to the Redevelopment Agency of the City of Corona, Corona Public Financing Authority, Corona Utility Authority, Corona Housing Authority City Council Meeting of November 5, 2025

6.2 CITY COUNCIL, SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF

CORONA, CORONA PUBLIC FINANCING AUTHORITY, CORONA UTILITY AUTHORITY, AND

CORONA HOUSING AUTHORITY TO RECEIVE AND FILE THE MONTHLY INVESTMENT PORTFOLIO REPORT FOR SEPTEMBER 2025
That the City Council receive and file the monthly investment portfolio report for September 2025.

6.3 CITY COUNCIL, SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF

CORONA, CORONA PUBLIC FINANCING AUTHORITY, CORONA UTILITY AUTHORITY, AND

CORONA HOUSING AUTHORITY TO RECEIVE AND FILE THE MONTHLY FISCAL REPORT FOR SEPTEMBER 2025
That the City Council receive and file the monthly fiscal report for September 2025.

6.4 CONSTRUCTION CONTRACT WITH FS CONTRACTORS, INC. FOR THE CITYWIDE PARKS

AMERICANS WITH DISABILITIES ACT (ADA) IMPROVEMENTS
That the City Council:

Adopt the Plans and Specifications for the Citywide Parks Americans with Disabilities Act (ADA) Improvements – Year 4 Project, No. FC-2020-01, Notice Inviting Bids 25-064AT. a.

Award Notice Inviting Bids 25-064AT to FS Contractors, Inc., the lowest responsive, responsible bidder, for the total bid amount of $1,797,772.50, and waive any and all minor irregularities in the bidding document as submitted by the said bidder. b.

Approve the Construction Contract with FS Contractors, Inc. for the Citywide Parks Americans with Disabilities Act Improvements – Year 4 Project, No. FC-2020-01, in the amount of $1,797,772.50.
c.

Authorize the City Manager, or his designee, to execute the Contract with FS Contractors, Inc. in the amount of $1,797,772.50, including any non-substantive extensions, change orders, purchase orders, and amendments up to 10% of the contract amount, in this case $179,777.
d.

Authorize the City Manager, or his designee, to issue a purchase order to FS Contractors, Inc. in the amount of $1,797,772.50.
e.

Authorize an appropriation of $1,402,572 from the General Fund 110 to the Citywide ADA Improvement at Parks, Capital Improvement Project No. FC-2020-01. f.

6.5 CONSIDERATION OF VARIOUS ACTIONS MAKING COMPLIANCE ADJUSTMENTS TO MOUS AND

RESOLUTIONS CONCERNING COMPENSATION AND BENEFITS FOR CITY EMPLOYEES That the City Council:

Adopt the Side Letter to the Corona Public Service Employees Association Memorandum of Understanding.
a.
b. Adopt the Side Letter to the Corona Supervisors Association Memorandum of Understanding. c. Adopt the Side Letter to the Corona Firefighters Association Memorandum of Understanding.

Adopt the Side Letter to the Corona Police Employees Association and Corona Police Supervisors Association Memoranda of Understanding.
d.
e. Adopt the Letter of Agreement with the Corona Utilities Employees Association.

Adopt Resolution 2025-108, amending Resolution 2024-116 governing compensation and benefits of non-represented Confidential Group employees. f.

Adopt Resolution 2025-107, amending Resolution 2024-115 governing compensation and benefits of non-represented Management Group employees. g.

Adopt Resolution 2025-109, amending Resolution 2025-118 governing compensation and benefits of non-represented Executive Group employees.
h.

6.6 SECOND AMENDMENT TO THE AGREEMENT WITH RAILPROS FIELD SERVICES, INC., FOR THE

MCKINLEY STREET GRADE SEPARATION PROJECT
That the City Council:

Approve the Second Amendment to the Professional Services Agreement with Railpros Field Services Inc., to increase the total compensation by $300,000 to provide necessary flagging services.
a.

Authorize the City Manager, or his designee, to execute the Second Amendment to the Professional Services Agreement with Railpros Field Services, Inc., including any nonsubstantive extensions, change orders, purchase orders and amendments up to the amount authorized by Corona Municipal Code Section 3.08.070 (G), which is the equivalent of $90,000, and issue a change order for $300,000 with Railpros Field Services, Inc. b.

6.7 AGREEMENT WITH CLP ENGINEERING, LLC FOR THE WHOLESALE DISTRIBUTION ACCESS

TARIFF RELAY REPLACEMENT PROJECT
That the City Council:

Approve the Professional Services Agreement with CLP Engineering, LLC for the design, procurement, and oversight of SEL-751 relay installation at five Wholesale Distribution Access Tariff connection points.
a.

Authorize the City Manager, or his designee, to execute the Professional Services Agreement with CLP Engineering, LLC in the amount of $207,507, including any nonsubstantive extensions, change order, purchase orders, and amendments up to the amount authorized by Corona Municipal Code Section 3.08.070(G), which is equivalent to 10% or $20,750.
b.

Make a determination under Corona Municipal Code Section 3.08.140(D) that competitive bidding has been satisfied for the reasons provided in the “Basis of Determination that c.

Purpose of Bidding is Otherwise Accomplished” section of this report.

Create a new capital improvement project titled “Wholesale Distribution Access Tariff Relay Replacement” and authorize an appropriation in the amount of $315,000, from the Greenfield Electric Utility Fund 578 to this project.
d.

6.8 CAL FIRE WILDLAND PROTECTION AGREEMENT RESOLUTION
That the City Council approve and adopt the Resolution approving the amended Wildland Protection Agreement for Fiscal Year 25/26, in the amount of $186,485.62 in its entirety.

6.9 AGREEMENT WITH GA TECHNICAL SERVICES, INC. FOR AS-NEEDED CITYWIDE HIGH

VOLTAGE MAINTENANCE ELECTRICAL SERVICES
That the City Council:

Award Notice Inviting Bids 26-003MB to GA Technical Services, Inc. for As-Needed Citywide High Voltage Maintenance Electrical Services in the amount not to exceed $250,000 per fiscal year and waive all minor irregularities in the proposal. a.

Authorize the City Manager, or his designees, to execute the Maintenance and General Services Agreement with GA Technical Services, Inc. for a term through June 30, 2027 with two optional two-year extensions in the amount not to exceed $250,000 per fiscal year, including any non-substantive extensions, change orders, purchase orders, and amendments up to the amount authorized in Corona Municipal Code Section 3.08.060(J), which is equivalent to 10% or $25,000.
b.

6.10 AGREEMENT WITH GRAFFITI PROTECTIVE COATINGS, INC. FOR AS-NEEDED GRAFFITI

REMOVAL SERVICES
That the City Council:

Award Notice Inviting Bids 26-002MB to Graffiti Protective Coatings, Inc. for as-needed graffiti removal services in the amount not to exceed $400,000 per fiscal year, and waive all minor irregularities in the proposal.
a.

Authorize the City Manager, or his designee, to execute the Maintenance and General Services Agreement with Graffiti Protective Coatings, Inc. for a term through June 30, 2027, with two optional two-year extensions in the amount not to exceed $400,000 per fiscal year, including any non-substantive extensions, change orders, purchase orders, and amendments up to the amount authorized in Corona Municipal Code Section 3.08.060(J), which is equivalent to 10% or $40,000.
b.

6.11 APPROVE REVISIONS TO THE ATHLETIC FACILITY ALLOCATION POLICY That the City Council approve the revised Athletic Facility Allocation Policy as presented.

7. COMMUNICATIONS FROM THE PUBLIC
Persons wishing to address the City Council are requested to state their name and city of residence for the record. This portion of the agenda is intended for general public comment only, which means it is limited to items within the subject matter jurisdiction of the City Council that are not listed on the agenda. Please note that state law prohibits the City Council from discussing or taking action on items not listed on the agenda. The City Council will appreciate your cooperation in keeping your comments brief. Please observe a three-minute limit

for communications.

8. PUBLIC HEARINGS
This portion of the agenda is for advertised public hearing items where formal public testimony on each individual item is accepted prior to City Council action.

8.1 ORDINANCE AMENDING VARIOUS CHAPTERS WITHIN TITLE 15 OF THE CORONA MUNICIPAL CODE AND ADOPTING BY REFERENCE THE 2025 CALIFORNIA BUILDING STANDARDS CODE (CALIFORNIA CODE OF REGULATIONS, TITLE 24)
That the City Council adopt Ordinance No. 3421, amending various chapters within Title 15 of the Corona Municipal Code and approve by reference the 2025 California Building Standards Code (California Code of Regulations, Title 24).

9. ADMINISTRATIVE REPORTS
The portion of the agenda is for Council discussion and action on staff reports and new topics that may not be routine status reports, or documents covering previous City Council action.

9.1 AMORTIZATION OF NON-CONFORMING USES IN THE DOWNTOWN AREA That the City Council provide direction on whether to develop an Amortization process to address certain non-conforming uses in downtown.

9.2 PICKLEBALL AT EL CERRITO PARK OPTIONS UPDATE
That the City Council provide direction on Capital Improvement Project No. FC-2026-05 to construct pickleball courts at El Cerrito Park or other potential locations.

10. LEGISLATIVE MATTERS
The portion of the agenda is for proposed ordinances presented for the City Council's consideration.

10.1 MOBILEHOME PARK RENT STABILIZATION
That the City Council:

Introduce by title only and waive full reading for consideration of Ordinance No. 3422, first reading of an ordinance adding Chapter 5.47 to Title 8 of the Corona Municipal Code establishing Mobilehome Park Rent Stabilization provisions. a.

Adopt Resolution No. 2025-110 establishing fees for Mobilehome Park Rent Stabilization Program.
b.

Adopt Resolution No. 2025-111 to declare the City Council’s intent not to adopt rent stabilization provisions for anything other than mobilehome parks. c.

11. REPORTS FROM BOARDS AND COMMISSIONS
This portion of the agenda lists items from Commissions and Boards from the City Council, Commissioners, and

Staff.

11.1 Library Board of Trustees
Library Board of Trustees Report Update for October 28, 2025.

11.1.a Library Report October 2025
Update on Library activities for the month of September.

11.1.b Heritage Room Report
Heritage Room Stats for Oct 24 - Sept 25).

11.1.c Cake Pops and K-Pop
Tweens 6th - 8th grade, November 12 2 - 3:30PM.

11.1.d Glow in the Dark Paint & Sip
7th - 12th grade, November 13th, 6 - 7:30pm.

11.2 Planning & Housing Commission

11.3 Parks & Recreation Commission

11.4 Regional Meetings

11.4.a UPDATE FROM VICE MAYOR JACQUE CASILLAS ON THE WESTERN RIVERSIDE

COUNCIL OF GOVERNMENTS (WRCOG) GENERAL ASSEMBLY MEETING OF NOVEMBER 3, 2025

11.4.b UPDATE FROM VICE MAYOR JACQUE CASILLAS ON THE CAL CITIES RIVERSIDE COUNTY DIVISION GENERAL MEMBERSHIP MEETING OF NOVEMBER 10, 2025

11.4.c UPDATE FROM COUNCIL MEMBER WES SPEAKE ON THE SOUTHERN CALIFORNIA

ASSOCIATION OF GOVERNMENTS (SCAG) TRANSPORTATION COMMITTEE MEETING OF NOVEMBER 6, 2025

11.4.d UPDATE FROM COUNCIL MEMBER WES SPEAKE ON THE RIVERSIDE COUNTY TRANSPORTATION COMMISSION (RCTC) MEETING OF NOVEMBER 12, 2025

12. CITY ATTORNEY'S REPORTS AND COMMENTS

13. CITY MANAGER'S REPORTS AND COMMENTS

14. CITY COUNCIL MEMBERS' REPORTS AND COMMENTS

15. FUTURE AGENDA ITEMS
This portion of the agenda is for items requested by the Mayor, Council Members or Staff for consideration at a future meeting. No immediate action is taken on Future Agenda Items; this section serves to highlight topics that will be considered at upcoming meetings. Council action on items that have appeared in this section takes

place under Administrative Reports, when accompanied by a staff report.

15.1 (NEW) ONLINE RESOURCE FOR “FOR PROFIT” LEAGUES TO RESERVE FIELDS (T. DADDARIO) TBD

15.2 CITY PARK FINAL DESIGN (STAFF) JANUARY 7, 2026

15.3 EXPLORE CORDON PRICING OF THE FOOTHILL CORRIDOR TO DETER CUT THROUGH TRAFFIC (W. SPEAKE) JANUARY/FEBRUARY

15.4 UPDATE OF CHAPTER 5.34 PEDDLERS AND SOLICITORS (W. SPEAKE) TBD

15.5 PROVIDING THE USE OF CITY FACILITIES TO OTHER GOVERNMENT AGENCIES FREE OF CHARGE (W. SPEAKE) TBD

15.6 PROVIDE THE NUMBER OF HOUSING UNITS APPROVED BY THE CITY OF CORONA SINCE 2019 (W. SPEAKE) TBD

15.7 EXPLORE THE LEGALITIES OF REQUIRING CUP’S FOR OUTPATIENT DRUG ADDICTION TREATMENT CLINICS (W. SPEAKE) TBD

16. ADJOURNMENT
The next regular meeting of the City Council is scheduled for December 3, 2025 or thereafter as noted on the posted agenda for closed session items in the City Council Board Room followed by the regular meeting at 6:00 p.m. or thereafter as noted on the posted agenda in the City Council Chambers.

This meeting is being conducted in person as well as via teleconference. For members of the public wishing to submit written comments, please email comments to the City Clerk at [email protected] prior to the City Council meeting and your comments will be made part of the official record of proceedings.

In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the ADA Coordinator at (951) 736-2235. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting.

Meeting is Being Recorded.

DRAFT
1 City of Corona
City Council Minutes
Wednesday, November 5, 2025, 6:00 p.m.

Closed Session- Council Board Room
Council Present: Jim Steiner, Jacque Casillas, Tony Daddario, Tom Richins, Wes Speake
_____________________________________________________________________

1. CONVENE CLOSED SESSION
Closed Session Convened at 4:00 p.m. for the purposes listed below. Present were Mayor Steiner, Vice Mayor Casillas, Council Member Daddario, Council Member Richins, and Council Member Speake. Closed Session adjourned at 4:34 p.m.

1.1 CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(d)(1)
NAME OF CASE: CITY OF CORONA V. DD&E, LLC, ET AL.

CASE NUMBER(S): SAN DIEGO COUNTY SUPERIOR COURT CASE NO. 37- 2021-00016700-CU-EI-CTL

1.2 CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(D)(1)
NAME OF CASE: CITY OF CORONA V. ROYAL RIDGE INVESTMENT INC., ET AL.

CASE NUMBER: RIVERSIDE SUPERIOR COURT CASE NO. RIC 2003117

1.3 CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(D)(1)
NAME OF CASE: CITY OF CORONA V. C.P.I. PROPERTIES, LLC, ET AL.

CASE NUMBER: RIVERSIDE SUPERIOR COURT CASE NO. RIC 2002846

1.4 CONFERENCE WITH LABOR NEGOTIATORS
PURSUANT TO GOVERNMENT CODE SECTION 54957.6
AGENCY DESIGNATED REPRESENTATIVE: JACOB ELLIS, CITY MANAGER EMPLOYEE ORGANIZATION: CORONA UTILITIES EMPLOYEE ASSOCIATION

1.5 CONFERENCE WITH REAL PROPERTY NEGOTIATORS
PROPERTY: 117-191-004, 138 E. SIXTH STREET, THE HUB.

AGENCY NEGOTIATOR: JACOB ELLIS, CITY MANAGER
NEGOTIATING PARTY: BOSS WINE AND EVENTS
UNDER NEGOTIATION: PRICE AND TERMS OF PAYMENT

1.6 CONFERENCE WITHREAL PROPERTY NEGOTIATORS

DRAFT
2 PURSUANT TO GOVERNMENT CODE SECTION 54956.8
PROPERTY: 462 CORONA MALL, 117-143-017
AGENCY NEGOTIATOR: JACOB ELLIS, CITY MANAGER
NEGOTIATING PARTY: DAVID PATHE
UNDER NEGOTIATION: PRICE AND TERMS OF PAYMENT

1.7 CONFERENCE WITHREAL PROPERTY NEGOTIATORS
PURSUANT TO GOVERNMENT CODE SECTION 54956.8
PROPERTY: 141 CORONA MALL, 117-143-009
AGENCY NEGOTIATOR: JACOB ELLIS, CITY MANAGER
NEGOTIATING PARTY: FRANK TORRES AND ANNA DELIA TORRES
UNDER NEGOTIATION: PRICE AND TERMS OF PAYMENT

2. INVOCATION - Elijah Coombes, Grace Baptist Church
The Invocation was led by Elijah Coombes.

3. PLEDGE OF ALLEGIANCE - Kyla Foster
The Pledge of Allegiance was led by Kyla Foster.

4. CONVENE OPEN SESSION
Mayor Steiner called the meeting to order at 6:03 p.m.

5. PROCLAMATIONS/RECOGNITIONS/PRESENTATIONS

5.1 PROCLAMATION: "AMERICA RECYCLES DAY"
Glenda Chavez accepted the proclamation.

5.2 PROCLAMATION: GRIEVING CHILDREN MONTH
Victoria Stephan, Stephan Center Director, accepted the proclamation.

5.3 PRESENTATION: 2025 COMMUNITY SURVEY
Justin Tucker, Assistant City Manager, provided a report.

The following residents provided comments: Joe Morgan, Robert Mirshafiee, and Don Fuller.

6. CONSENT CALENDAR
The Consent Calendar was approved with the exception of Item 6.2, 6.5, 6.10, 6.11, and

6.12, which were voted on separately.

Moved by: Wes Speake
Seconded by: Jacque Casillas
Aye (5): Jim Steiner, Jacque Casillas, Tony Daddario, Tom Richins, and Wes Speake MotionAPPROVED (5 to 0)

6.1 MINUTES - CITY COUNCIL MEETING OCTOBER 15, 2025
THE MEETING MINUTES WERE APPROVED.

DRAFT
3 6.2 QUARTERLY SALES TAX REPORT – 2025, QUARTER 2 (APRIL - JUNE) Ken Brown, HdL Companies, provided a report.

Council Member Speake provided comments.

Moved by: Wes Speake
Seconded by: Jacque Casillas
That the City Council receive and file the quarterly sales tax information from HdL Companies for Quarter 2 2025 (April – June).

Aye (5): Jim Steiner, Jacque Casillas, Tony Daddario, Tom Richins, and Wes Speake
MotionAPPROVED (5 to 0)

6.3 EXTEND CREATIVE SERVICES, MEDIA PRODUCTION, AND MARKETING

SERVICES AGREEMENT WITH KONSUS, INC (SUPERSIDE) IN THE
AMOUNT OF $140,004
THIS ITEM WAS APPROVED.

That the City Council:
a. Authorize the City Manager, or his designee, to execute the renewal Statement of Work with Superside in the amount of $140,004 for the term December 1, 2025, through November 30, 2026.
b. Authorize the City Manager, or his designee, to negotiate and execute nonsubstantive extensions, change orders, and amendments up to $14,000 or 10% of the original contract amount.
c. Authorize the City Manager, or his designee, to issue a purchase order with Superside in the amount of $140,004 for creative services, media production, and marketing Services.

6.4 CONTINUATION OF COMPUTER-AIDED DISPATCH AND RECORDS MANAGEMENT SYSTEM (CAD/ RMS) AGREEMENT (5-YEAR TERM)
THIS ITEM WAS APPROVED.
a. Approve the five-year support and maintenance agreement with Motorola Solutions for the FLEX CAD system at a total contract value of $1,265,659.75 over five years.
b. Authorize the City Manager, or his designee, to issue a purchase order to Motorola Solutions in the amount of $1,265,659.75.

DRAFT
4 c. Authorize the City Manager, or his designee, to negotiate and execute any non-substantive extensions, amendments, and change orders up to $126,565.98 or 10% of the original purchase order amount as provided by the Corona Municipal Code (CMC) Section 3.08.060(j).

6.5 FIRST AMENDMENT TO THE PROFESSONAL SERVICES AGREEMENT

WITH SVA ARCHITECTS AND BUDGET APPROPRIATION FOR THE NORTH

MALL ARCHITECTURAL SERVICES
The following residents addressed the Council in opposition: Chris McCoy and Joe Morgan.

The Council provided comments and had inquiries.

Joel Belding, Economic Development Director, provided a report.

Mr. Belding and Justin Tucker, Assistant City Manager, provided clarification and comments.

Council Member Speake motioned to table this item and requested that SVA Architects return to the Council with a demonstration of what a historical design could look like and to incorporate cultural resources. Council Member Casillas proposed an amendment to include an update to the service agreement specifying that the residential units are for sale.

THIS ITEM WAS TABLED.

Moved by: Wes Speake
Seconded by: Jacque Casillas
That the City Council:
a. Approve the First Amendment to the Professional Services Agreement with SVA Architects in the amount of $1,482,150 for Architectural Services for the North Mall Development.
b. Authorize the City Manager, or his designee, to execute the First Amendment to the Professional Services Agreement with SVA Architects in the amount of $1,482,150 including any non-substantive extensions, change order, and amendments to 10% of the agreement amount, as authorized in Corona Municipal Code Section 3.08.070(I). c. Authorize the City Manager, or his designee, to issue a change order to the on-call purchase order with SVA Architects (B260001) for a total purchase order amount of $1,482,150.

DRAFT
5 d. Authorize an appropriation in the amount of $982,150 from the Measure X Fund 120 to the North Corona Mall Acquisition/Improvements, Operating and Maintenance Project No.78390.

Aye (4): Jim Steiner, Jacque Casillas, Tom Richins, and Wes Speake Nay (1): Tony Daddario
MotionAPPROVED (4 to 1)

6.6 MAINTENANCE/GENERAL SERVICES AGREEMENTS FOR AS-NEEDED

HAZARDOUS MATERIALS CLEANUP AND REMOVAL SERVICES WITH
ENVIRONMENTAL LOGISTICS, INC., AMERICAN INTEGRATED SERVICES, INC. AND HUNTER CONSULTING, INC.

THIS ITEM WAS APPROVED.

That the City Council:
a. Award Request for Proposals (RFP) No. 25-076AS for On-Call Citywide Hazardous Materials Cleanup and Removal Services to Environmental Logistics, Inc., American Integrated Services, Inc., and Hunter Consulting, Inc. dba HCI Environmental and Engineering in the amount of $215,000 each and waive any and all minor irregularities in the bidding documents as submitted by said bidder.
b. Authorize the City Manager, or his designee, to execute Maintenance/General Services Agreements with Environmental Logistics, Inc., American Integrated Services, Inc. and Hunter Consulting, Inc. dba HCI Environmental and Engineering for a total of $215,000 each per fiscal year and authorize the extension of each agreement with four (4) additional one (1) year optional renewal periods.
c. Authorize the City Manager, or his designee, to issue purchase orders to Environmental Logistics, Inc., American Integrated Services, Inc. and Hunter Consulting, Inc. dba HCI Environmental and Engineering for a total of $215,000 each per fiscal year.
d. Authorize the City Manager, or his designee, to approve amendments/change orders necessary for the execution of the work, including any rate and/or total compensation increases negotiated by the parties made in accordance with and not to exceed the percentage of change in the United States Bureau of Labor Statistics Consumer Price Index All Urban Consumer for Riverside, California, Area (CPI-U), for the most recent twelve (12) months for which statistics are available.

DRAFT
6 e. Authorize the City Manager, or his designee, to approve and execute any documents necessary to implement change orders, up to the amount authorized by Corona Municipal Code Section 3.08.060(J) with respect to the total compensation provided for the aforementioned agreements.

That the Corona Utility Authority review, ratify, and to the extent necessary, direct that the City Council take the above actions.

6.7 MAINTENANCE/GENERAL SERVICES AGREEMENT WITH XYLEM
DEWATERING SOLUTIONS, INC., DBA WACHS WATER SERVICES FOR

WATER SYSTEM VALVE AND HYDRANT ASSESSMENT SERVICES
THIS ITEM WAS APPROVED.

That the City Council:
a. Authorize a bid award with Xylem Dewatering Solutions, Inc., dba Wachs Water Services in the amount of $600,000 for Water System Valve and Hydrant Assessment Services pursuant to Corona Municipal Code Section 3.08.140(C) Competitive bidding already completed. b. Authorize the City Manager, or his designee, to negotiate and execute the Maintenance/General Services Agreement with Xylem Dewatering Solutions, Inc., dba Wachs Water Services in the amount of $600,000 per fiscal year for the initial contract term ending June 30, 2027, with one optional two-year renewal.
c. Authorize the City Manager, or his designee, to execute the Maintenance/General Services Agreement with Xylem Dewatering Solutions, Inc., dba Wachs Water Services in the amount of $600,000 including any non-substantive extensions, change orders, purchase orders, and amendment up to the amount authorized in Corona Municipal Code Section 3.08.070(I) which is equivalent to 10% or $60,000. d. Authorize the City Manager, or his designee, to issue a purchase order to Xylem Dewatering Solutions, Inc., dba Wachs Water Services in the amount of $600,000 per fiscal year for the initial contract term ending June 30, 2027, with one optional two-year renewal.

That the Corona Utility Authority review, ratify, and to the extent necessary, direct that the City Council take the above actions.

6.8 CONSTRUCTION CONTRACT WITH GSE CONSTRUCTION COMPANY, INC.

FOR THE SIERRA DEL ORO WATER TREATMENT PLANT FLOCCULATION

BASIN WOOD BAFFLES AND MOUNTS
THIS ITEM WAS APPROVED.

DRAFT
7 That the City Council:
a. Adopt the Plans and Specifications for the Sierra Del Oro Water Treatment Plant Flocculation Basin Wood Baffles and Mounts Rehabilitation Project, Notice Inviting Bids 26-008AS.
b. Award Notice of Inviting Bids 26-008AS to GSE Construction Company, Inc., the lowest responsive, responsible bidder, for the total bid amount of $166,700 and waive any and all minor irregularities in the bidding documents as submitted by said bidder.
c. Approve the Construction Contract with GSE Construction Company, Inc., for the Sierra Del Oro Water Treatment Plant Flocculation Basin Wood Baffles and Mounts Rehabilitation Project in the amount of $166,700. d. Authorize the City Manager, or his designee, to negotiate and execute non-substantive extensions, change orders and amendments up to 10% of total contract cost or $16,670 as authorized by Corona Municipal Code

3.08.060 (H)
e. Authorize an appropriation in the amount of $193,166 from the Water Utility Fund 570 to the Sierra Del Oro Water Treatment Plant Flocculation Basin Baffles and Mounts Rehabilitation Operating and Maintenance Project No. 78190.

That the Corona Utility Authority review, ratify, and to the extent necessary, direct the City Council to take the above actions

6.9 AUTHORIZE THE PURCHASE OF A LIVE FIRE TRAINING PROP FROM

ADVANCED FIRE CONTROL
THIS ITEM WAS APPROVED.

That the City Council:
a. Award the Notice Inviting Bids 26-010SB to Advanced Fire Control, the lowest responsive, responsible bidder, for the total bid amount of $381,744, and waive any and all minor irregularities in the bidding documents as submitted by said bidder.
b. Authorize the City Manager, or his designee, to issue a purchase order to Advanced Fire Control in the amount of $381,744, including any nonsubstantive extensions, change orders, purchase orders, and amendments up to the amount authorized by Corona Municipal Code

3.08.080(J), which is equivalent to 10% or $38,174.

DRAFT
8 6.10 PURCHASE OF PLAYGROUND EQUIPMENT FROM GREAT WESTERN

RECREATION
Maddy Paxton, resident, addressed the Council in support of the item and requested shade structures over the benches.

The Council provided comments.

Jacob Ellis, City Manager, provided comments.

Moved by: Wes Speake
Seconded by: Tom Richins
That the City Council:
a. Authorize the City Manager, or his designee, to execute the attached Sales Quotation 114916-02-03 with Great Western Recreation (“Great Western”) in the amount of $1,001,362.
b. Authorize the City Manager, or his designee, to negotiate and execute non-substantive extensions, amendments, and change orders up to 10% or $100,136
c. Authorize the City Manager, or his designee, to issue a Purchase Order to Great Western Recreation in the amount of $1,001,362. d. Make a determination under Corona Municipal Code Section 3.08.140(C) that competitive bidding has been satisfied based upon the reasons provided in the “Basis for Determination of Competitive Bidding” section of this report.

Aye (5): Jim Steiner, Jacque Casillas, Tony Daddario, Tom Richins, and Wes Speake
MotionAPPROVED (5 to 0)

6.11 CHANGE ORDER TO CITY ELECTRIC SUPPLY FOR TARIFFS ASSOCIATED WITH THE PURCHASE OF 750 KVA PAD MOUNTED TRANSFORMERS
Don Fuller, resident, addressed the Council to provide comments.

Moved by: Jim Steiner
Seconded by: Jacque Casillas
That the City Council approve an increase to the change order authority for City Electric Supply’s purchase order in the amount of $19,976.73 for a total change order authority of $34,870.75 due to tariffs associated with the purchase of three (3) 750 kVA Pad Mounted Transformers.

DRAFT
9 Aye (5): Jim Steiner, Jacque Casillas, Tony Daddario, Tom Richins, and Wes Speake
MotionAPPROVED (5 to 0)

6.12 FIRE DISPATCH AND EMERGENCY COMMUNICATIONS SERVICES

AGREEMENT WITH THE CITY OF ONTARIO
The Council provided comments.

Brian Young, Fire Chief, provided a report.

Joe Morgan, resident, provided comments.

Moved by: Tony Daddario
Seconded by: Jacque Casillas
That the City Council:
a. Approve the Fire Dispatch and Emergency Communication Services Agreement between the City of Corona and the City of Ontario for continued Fire Dispatch and CAD services.
b. Authorize the City Manager, or his designee, to execute the Dispatch and Emergency Communication Services Agreement with the City of Ontario.

Aye (5): Jim Steiner, Jacque Casillas, Tony Daddario, Tom Richins, and Wes Speake
MotionAPPROVED (5 to 0)

6.13 GRANT FUNDING FROM THE CALIFORNIA LIBRARY LITERACY SERVICES PROGRAM IN THE AMOUNT OF $74,997 FOR ADULT AND FAMILY

LITERACY SERVICES
THIS ITEM WAS APPROVED.

That the City Council:
a. Accept grant funding from the California Library Literacy Services Program in the amount of $74,997 for the Corona Public Library’s Adult and Family Literacy Program.
b. Authorize an appropriation and estimated revenue increase in the amount of $74,997 ($39,249 for Adult Literacy Services and $35,748 for Family Literacy Services) to the Community Services Department’s operating budget within the Adult and Family Literacy Grant Fund 442.

DRAFT
10 c. Authorize the City Manager, or his designee, to adjust the budget accordingly if the grantor distributes additional funds to grant participants.

6.14 FINAL TRACT MAP 38572 TO SUBDIVIDE 85.51 ACRES INTO 47 LOTS AND 50 LETTERED LOTS FOR CONDOMINIUM PURPOSES, LOCATED

SOUTHWEST OF CLEMENTINE WAY & HUDSON HOUSE DRIVE
(APPLICANT: JASON PERRIN, ARANTINE HILLS HOLDINGS LP)
THIS ITEM WAS APPROVED.

That the City Council approve the final map for Tentative Tract Map 38572.

6.15 FISCAL YEAR 2026 QUARTER 1 BUDGETARY ADJUSTMENTS
THIS ITEM WAS APPROVED.

That the City Council:
a. Appropriate $6,291,352, increase estimated revenue by $942,911, and authorize budgetary and cash transfers across multiple funds, as noted in Exhibit 1 - Appropriations, Estimated Revenues, and Transfers. b. Approve the Fifth Amendment to the Maintenance/General Services Agreement with Tropical Plaza Nursery, Inc, to increase the total compensation to $760,000 to provide scheduled monthly landscaping services.
i. Authorize the City Manager, or his designee, to issue a Change Order in the amount of $19,874 to the Tropical Plaza Nursery, Inc. Blanket Purchase Order (B260504) for a total Purchase Order amount of $760,000.
c. Approve the First Amendment to the Maintenance/General Services Agreement with Tropical Plaza Nursery, Inc, to increase the total compensation to $250,000 to provide emergency and on-call landscape services.
i. Authorize the City Manager, or his designee, to issue a Change Order in the amount of $75,000 to Tropical Plaza Nursery, Inc. Blanket Purchase Order (B260504A) for a total Purchase Order amount of $250,000.
d. Approve the Eighth Amendment to the Professional Services Agreement with Alexander’s Contract Services, Inc. for meter reading services to extend the term through June 30, 2027, at the rates set forth therein and a total compensation in the amount not to exceed $1,068,956 through the term of the agreement
i. Authorize the City Manager, or his designee, to negotiate and execute non-substantive extensions, change orders, and amendments up to 10% of the agreement total, or $106,895
ii. Authorize the City Manager, or his designee, to execute amendments to the Professional Services Agreement with increases in the rates and the total compensation amount equal to the lesser of five percent (5%) or the percentage change in the United States Bureau of Labor

DRAFT
11 Statistics Consumer Price Index for the Riverside Area, as determined by the Purchasing Manager, for the most recent twelve (12) months period for which statistics are available
iii. Make a determination under Corona Municipal Code Section

3.08.140(E) that competitive bidding is not required for these services based upon the reasons provided for in this agenda report e. Approve the Second Amendment to the Professional Services Agreement with Ruth Villalobos and Associates, Inc. to increase the total compensation to $360,000 per fiscal year to provide management assistance of in-kind services requirements for U.S. Army Corps of Engineers
i. Authorize the City Manager, or his designee, to negotiate and execute non-substantive extensions, change orders, and amendments up to 10% of the agreement total, or $36,000, as authorized by Corona Municipal Code Section 3.08.070(I)
ii. Make a determination under Corona Municipal Code Section

3.08.140(E) that competitive bidding is not required for these services based upon the reasons provided for in this agenda report. f. Adopt Resolution No. 2025-104, approving the City of Corona Position Library and Compensation Plan and repealing all prior Plans, including Resolution No. 2025-076, effective November 15, 2025.
g. Authorize the City Manager, or his designee, to issue purchase orders for the attached list (Exhibit 8) of Information Technology software renewals for Fiscal Year 2026 including any non-substantive extensions, change orders, purchase orders, and amendments up to the lesser of either $100,000 or 10% of the original contract amount as authorized by Corona Municipal Code Section 3.08.070 (I).

That the Corona Utility Authority review, ratify, and to the extent necessary, direct that the City Council take the related actions above.

6.16 FISCAL YEAR 2026, QUARTER 1 BUDGET AND STRATEGIC PLAN

PROGRESS REPORT UPDATE
THIS ITEM WAS APPROVED.

7. COMMUNICATIONS FROM THE PUBLIC
The following residents addressed the Council: Dale Ploung, Maddy Paxton, Victoria Hibbard, Briana Wilcox, Carolina Buhler, Joe Morgan, Chris McCoy, Jennie Barrera, Robert Mirshafiee, and Don Fuller.

8. PUBLIC HEARINGS

8.1 GENERAL PLAN AMENDMENT 2025-0002 TO UPDATE THE WILDFIRE

HAZARD SEVERITY ZONE MAP IN THE PUBLIC SAFETY ELEMENT TO BE

CONSISTENT WITH THE FIRE HAZARD SEVERITY ZONES MAP ISSUED BY

THE OFFICE OF THE STATE FIRE MARSHAL (CITY OF CORONA FIRE

DEPARTMENT)

DRAFT
12 Mayor Steiner opened the Public Hearing. Sylvia Edwards, City Clerk, stated there was no correspondence received from the public. Mayor Steiner closed the Public Hearing.

Robert Mirshafiee, resident, provided comments.

Moved by: Wes Speake
Seconded by: Jacque Casillas
That the City Council:
a. Approve General Plan Amendment 2025-0002 as recommended by the Planning and Housing Commission.
b. Adopt Resolution No. 2025-105 approving an amendment to the City’s General Plan to update the Wildfire Hazard Severity Zone Map as part of Cycle 3 of General Plan Amendments for calendar year 2025 (GPA2025- 0002).

Aye (5): Jim Steiner, Jacque Casillas, Tony Daddario, Tom Richins, and Wes Speake
MotionAPPROVED (5 to 0)

9. ADMINISTRATIVE REPORTS

9.1 REQUEST BY COUNCIL MEMBER SPEAKE TO DISCUSS ESTABLISHING

TIME LIMITS FOR TEMPORARY FENCING AND BOARDED WINDOWS FOR

UNOCCUPIED DEVELOPED PROPERTIES
Joanne Coletta, Planning and Development Director, provided a report.

The following residents addressed the Council: Joe Morgan, Chris McCoy, Robert Mirshafiee, and Don Fuller.

The Council provided comments.

The consensus of the Council was to explore how other cities manage temporary fencing.

That the City Council provide direction on whether staff should explore an amendment to the Corona Municipal Code to set time limits for temporary fencing and boarded windows on unoccupied developed property.

9.2 HISTORIC CIVIC CENTER OPERATIONS PLAN UPDATE
Donna Finch, Community Services Director, provided a report.

The following residents addressed the Council: Joe Morgan, Richard Winn, Chris McCoy, Don Kindred, Amanda Kalkanis, and Loaureen Pedrel.

The Council provided comments and had inquiries.

Ms. Finch and Joel Belding, Economic Development Director, provided clarification.

DRAFT
13 The consensus of the Council was Option 2
That the City Council provide direction on the optimization of the Historic Civic Center.

10. LEGISLATIVE MATTERS

10.1 ORDINANCE AMENDING VARIOUS CHAPTERS WITHIN TITLE 15 OF THE CORONA MUNICIPAL CODE AND ADOPTING BY REFERENCE THE 2025

CALIFORNIA BUILDING STANDARDS CODE (CALIFORNIA CODE OF
REGULATIONS, TITLE 24)
Moved by: Tom Richins
Seconded by: Jacque Casillas
That the City Council introduce by title only and waive full reading for consideration of Ordinance No. 3421, first reading of an ordinance amending Chapters 15.02, 15.04, 15.05, 15.07, 15.08, 15.09, 15.10, 15.11, 15.12, 15.20,

15.28, and adding Chapter 15.25 to Title 15 of the Corona Municipal Code, adopting by reference the 2025 Edition of the California Building Standards Code (California Code of Regulations, Title 24); including the 2025 California Building Code; the 2025 California Green Building Standards Code; the 2025 California Residential Code; the 2025 California Mechanical Code; the 2025 California Energy Code; the 2025 California Historical Building Code; the 2025 California Existing Building Code; the 2025 California Fire Code; the 2025 California Plumbing Code; the 2025 California Wildland-Urban Interface Code; and the 2025 California Electrical Code; together with certain additions, insertions, deletions and changes thereto.

Aye (5): Jim Steiner, Jacque Casillas, Tony Daddario, Tom Richins, and Wes Speake
MotionAPPROVED (5 to 0)

11. REPORTS FROM BOARDS AND COMMISSIONS

11.1 Library Board of Trustees
None.

11.2 Planning & Housing Commission
None.

11.3 Parks & Recreation Commission
None.

11.4 Regional Meetings

11.4.a UPDATE FROM MAYOR JIM STEINER ON THE RIVERSIDE
TRANSITAGENCY (RTA) BOARD MEETING OF OCTOBER 23, 2025
Mayor Steiner provided an update.

DRAFT
14 11.4.b UPDATE FROM COUNCIL MEMBER WES SPEAKE ON THE STATEROUTE 91 (SR-91) ADVISORY MEETING OF OCTOBER 30,2025
Council Member Speake provided an update.

12. CITY ATTORNEY'S REPORTS AND COMMENTS

1.1 Reportable action: Unanimous approval to ratify a settlement with McKinley Medical Clinic for $675,000 for the McKinley Grade Separation Project.

13. CITY MANAGER'S REPORTS AND COMMENTS
Jacob Ellis, City Manager, commended Joanne Coletta, Planning and Development Director, for all her hard work and acknowledged her retirement.

Joe Morgan, resident, provided comments.

Dean Derleth, City Attorney/LRM Director, provided comments.

14. CITY COUNCIL MEMBERS' REPORTS AND COMMENTS
The Council provided comments.

15. FUTURE AGENDA ITEMS

15.1 (NEW) PROVIDING THE USE OF CITY FACILITIES TO OTHER GOVERNMENT AGENCIES FREE OF CHARGE (W. SPEAKE) TBD
The consensus of the Council was to bring back to a future meeting.

15.2 (NEW) PROVIDE THE NUMBER OF HOUSING UNITS APPROVED BY THE CITY OF CORONA SINCE 2019 (W. SPEAKE) TBD
The consensus of the Council was to bring back to a future meeting.

15.3 (NEW) EXPLORE THE LEGALITIES OF REQUIRING CUP’S FOR OUTPATIENT DRUG ADDICTION TREATMENTCLINICS (W. SPEAKE) TBD The consensus of the Council was to bring back to a future meeting.

15.4 EL CERRITO PICKLEBALL OPTIONS (STAFF) NOVEMBER 19, 2025

15.5 CITY PARK FINAL DESIGN (STAFF) JANUARY 7, 2026

15.6 UPDATE OF CHAPTER 5.34 PEDDLERS AND SOLICITORS (W. SPEAKE) TBD

15.7 EXPLORE CORDON PRICING OF THE FOOTHILL CORRIDOR TO DETER CUT THROUGH TRAFFIC (W. SPEAKE) TBD

16. ADJOURNMENT
The next scheduled meeting of the Council is on November 19, 2025. Mayor Steiner adjourned the meeting at 10:45 p.m. in honor of Joanne Coletta.

DATE: 11/19/2025
TO: Honorable Mayor and City Council Members
FROM: Finance Department
2025-435

REQUEST FOR CITY COUNCIL ACTION
SUBJECT:

CITY COUNCIL, SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF

THE CITY OF CORONA, CORONA PUBLIC FINANCING AUTHORITY, CORONA

UTILITY AUTHORITY, AND CORONA HOUSING AUTHORITY TO RECEIVE AND FILE THE MONTHLY INVESTMENT PORTFOLIO REPORT FOR SEPTEMBER 2025 RECOMMENDED ACTION:

That the City Council receive and file the monthly investment portfolio report for September 2025.

____________________________________________________________________________________________________________________ Prepared By: Chandler Asset Management
City of Corona
Investment Portfolio Report
Month Ending September 30, 2025
In accordance with the City Investment Policy, a monthly investment report shall be filed with the City Council which provides a clear picture of the status of the current investments. The report for the month ending September 30, 2025 has been prepared by Chandler Asset Management. We hereby certify that this report accurately reflects all pooled investments and is in compliance with the City’s Investment Policy. Combined with anticipated revenues, the portfolio contains sufficient investment liquidity to meet budgeted expenditures for the next six months.

SUBMITTED BY:

_____________________________________
Chad T. Willardson
City Treasurer
____________________________________
Brett Channing
Assistant City Manager
____________________________________
Kim Sitton
Finance Director
REVIEWED BY:
_____________________________________
Christine Thompson
Accounting Manager
Investment Summary
City's Investment Pension Trust Total Investment
Beginning balance August 31, 2025 437,867,414 $ 44,239,504 $ 482,106,918 $ Acquisitions / Additions:

Agency Notes - -
US Corporate Notes 2,990,700 2,990,700
LAIF 30,100,000 30,100,000
Money Market Fund 14,337,404 219,519 14,556,923
$ 47,428,104 219,519 $ 47,647,623
Dispositions / Withdrawals:

Agency Notes 5,964,141 5,964,141
US Corporate Notes 5,534,479 5,534,479
LAIF 19,800,000 19,800,000
Money Market Fund 22,864,272 22,864,272
Maturity/Call Redemption 4,400,000 4,400,000 $ 58,562,891 $ 58,562,891 Gain/(Loss) on Dispositions 2,844,825 $ - $ 2,844,825 $ Ending balance September 30, 2025 429,577,452 $ 44,459,024 $ $ 474,036,475 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

MONTHLY ACCOUNT STATEMENT
City of Corona Cons Account | Account #10003 | As of September 30, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is . We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 2

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality*
Average Modified Duration 2.39
Average Coupon 3.81%
Average Purchase YTM 4.06%
Average Market YTM 3.89%
Average Credit Quality* AA+
Average Final Maturity 2.81
Average Life 2.45
End Values as of
08/31/2025
End Values as of
09/30/2025
Market Value 443,945,116.24 435,549,612.81
Accrued Interest 2,702,630.51 2,663,157.44
Total Market Value 446,647,746.74 438,212,770.25
Income Earned 735,377.31 1,776,690.67
Cont/WD (8,200,000.00) (9,700,000.00)
Par 442,596,761.78 434,204,556.26
Book Value 437,867,413.86 429,577,451.57
Cost Value 437,867,413.86 429,577,451.57
United States 37.61%
FHLMC 10.66%
LAIF 8.04%
International Bank for Recon and Dev 3.53%
Toyota Motor Corporation 1.61%
American Express Credit Master Trust 1.50%
Guardian Life Global Funding 1.46%
Massachusetts Mutual Life Insurance 1.45%
*The average credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch.

Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 3

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (MV) 100.0 10.7 Compliant
Max Maturity (Years) 5.0 3.6 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (MV) 20.0 10.0 Compliant
Max % Issuer (MV) 5.0 0.8 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

BANKERS' ACCEPTANCES
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 25.0 0.0 Compliant
Max Maturity (Days) 180 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

COLLATERALIZED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % Issuer (MV) 5.0 0.0 Compliant

COMMERCIAL PAPER
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 24.7 Compliant
Max % Issuer (MV) 5.0 1.6 Compliant
Max Maturity (Years) 5 5 Not
Compliant Complies on Settlement Date
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 100.0 2.5 Compliant
Max Callables (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 2 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 35.0 Compliant

MONEY MARKET MUTUAL FUNDS
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 4

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % (MV) 20.0 0.5 Compliant
Max % Issuer (MV) 20.0 0.5 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

MORTGAGE-BACKED SECURITIES (NON-AGENCY)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (MV) 25.0 1.0 Compliant
Max % Issuer (MV) 5.0 1.0 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (MV) 25.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUTUAL FUNDS
Max % (MV) 10.0 0.0 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 3 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1 if > FDIC Limit) 0.0 0.0 Compliant

REPURCHASE AGREEMENTS
Max % (MV) 10.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 14.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 5.0 Compliant
Max % Issuer (MV) 10.0 3.5 Compliant
Max Maturity (Years) 5 4 Compliant
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 5

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 37.6 Compliant
Max Maturity (Years) 5 4 Compliant
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 6

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(07/01/2025)
Beginning Book Value 437,867,413.86 463,097,630.34
Maturities/Calls (4,400,000.00) (4,400,000.00)
Principal Paydowns (317,471.12) (937,556.83)
Purchases 50,728,104.09 110,973,507.88
Sales (53,845,420.34) (139,425,933.15)
Change in Cash, Payables, Receivables (482,866.88) (30,642.53) Amortization/Accretion 0.00 0.00
Realized Gain (Loss) 27,691.96 300,445.86
Ending Book Value 429,577,451.57 429,577,451.57
Month to Date Fiscal Year to Date
(07/01/2025)
Beginning Market Value 443,945,116.24 467,745,815.94
Maturities/Calls (4,400,000.00) (4,400,000.00)
Principal Paydowns (317,471.12) (937,556.83)
Purchases 50,728,104.09 110,973,507.88
Sales (53,845,420.34) (139,425,933.15)
Change in Cash, Payables, Receivables (482,866.88) (30,642.53) Amortization/Accretion 0.00 0.00
Change in Net Unrealized Gain (Loss) (105,541.14) 1,323,975.64 Realized Gain (Loss) 27,691.96 300,445.86
Ending Market Value 435,549,612.81 435,549,612.81
Maturities / Calls
Month to Date (4,400,000.00)
Fiscal Year to Date (4,400,000.00)
Principal Paydowns
Month to Date (317,471.12)
Fiscal Year to Date (937,556.83)
Purchases
Month to Date 50,728,104.09
Fiscal Year to Date 110,973,507.88
Sales
Month to Date (53,845,420.34)
Fiscal Year to Date (139,425,933.15)
Interest Received
Month to Date 1,785,346.67
Fiscal Year to Date 4,150,619.29
Purchased / Sold Interest
Month to Date 30,817.06
Fiscal Year to Date 110,349.71
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 7

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
47787JAC2 JDOT 2022 A3 2.32 09/15/2026 25,410.34 03/10/2022

2.33%
25,404.72
25,404.72

99.92 4.46%
25,389.67

26.20 0.01%
(15.05)
Aaa/NA
AAA

0.96 0.04
05611UAD5 BMWLT 2024-1 A3 4.98
03/25/2027 1,524,331.37 03/25/20245.01%
1,522,961.85
1,522,961.85
100.35

4.04%
1,529,621.87
1,265.20

0.35%
6,660.02
Aaa/AAA
NA

1.48 0.35
44934FAD7 HALST 2024-B A3 5.41
05/17/2027 1,615,000.00 05/14/20245.41%
1,614,955.10
1,614,955.10
100.71

4.26%
1,626,487.17
3,883.18

0.37%
11,532.07
NA/AAA
AAA

1.63 0.59
36269WAD1 GMALT 2024-2 A3 5.39
07/20/2027 1,495,000.00 05/07/20245.39%
1,494,913.14
1,494,913.14
100.68

4.14%
1,505,234.32
2,462.18

0.35%
10,321.18
NA/AAA
AAA

1.80 0.52
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 1,071,763.65 02/22/2023

5.01%
1,071,568.38
1,071,568.38
100.44

4.24%
1,076,430.65
2,386.46

0.25%
4,862.27
Aaa/NA
AAA

2.13 0.53
58770JAD6 MBALT 2024-A A3 5.32
01/18/2028 1,085,000.00 05/17/20245.32%
1,084,873.06
1,084,873.06
101.27

4.07%
1,098,795.99
2,565.42

0.25%
13,922.93
Aaa/NA
AAA

2.30 0.97
44935WAD9 HALST 2025-A A3 4.83
01/18/2028 2,090,000.00 01/14/20254.83%
2,089,843.46
2,089,843.46
101.13

3.99%
2,113,553.26
4,486.53

0.49%
23,709.80
NA/AAA
AAA

2.30 1.26
437918AC9 HAROT 2024-1 A3 5.21
08/15/2028 3,415,231.39 02/13/20245.21%
3,415,082.83
3,415,082.83
100.95

3.99%
3,447,515.23
7,908.16

0.79%
32,432.40
Aaa/AAA
NA

2.88 0.73
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 3,645,000.00 09/07/2023

5.23%
3,643,989.61
3,643,989.61
101.21

3.90%
3,688,936.10
8,359.20

0.85%
44,946.49
NA/AAA
AAA

2.96 0.91
05522RDH8 BACCT 2023-2 A 4.98
11/16/2026 2,000,000.00 03/25/20244.85%
2,006,484.38
2,006,484.38
101.23

3.89%
2,024,541.60
4,426.67

0.46%
18,057.22
Aaa/NA
AAA

1.13 1.07
437930AC4 HAROT 2024-2 A3 5.27
11/20/2028 1,415,000.00 05/14/20245.27%
1,414,828.08
1,414,828.08
101.36

3.89%
1,434,234.66
2,692.82

0.33%
19,406.58
NA/AAA
AAA

3.14 0.94
36268GAD7 GMCAR 2024-1 A3 4.85
12/18/2028 1,985,000.00 03/25/20244.90%
1,980,890.43
1,980,890.43
100.63

4.04%
1,997,527.14
4,011.35

0.46%
16,636.71
Aaa/NA
AAA

3.22 0.73
448973AD9 HART 2024-A A3 4.99
02/15/2029 2,000,000.00 03/26/20244.98%
2,000,781.25
2,000,781.25
100.99

3.97%
2,019,849.40
4,435.56

0.46%
19,068.15
NA/AAA
AAA

3.38 0.92
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 1,855,000.00 06/04/20245.18%
1,854,718.23
1,854,718.23
101.18

3.92%
1,876,866.74
1,601.48

0.43%
22,148.51
Aaa/AAA
NA

3.41 0.89
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 2,100,000.00 06/11/2024

5.20%
2,099,589.45
2,099,589.45
101.64

4.10%
2,134,540.59
4,853.33

0.49%
34,951.14
Aaa/NA
AAA

3.45 1.41
02582JKH2 AMXCA 2024-1 A 5.23
04/16/2029 3,070,000.00 04/16/20245.23%
3,069,370.65
3,069,370.65
102.07

3.88%
3,133,444.01
7,136.04

0.72%
64,073.36
NA/AAA
AAA

3.54 1.45
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029 2,095,000.00 06/06/20244.93%
2,094,882.47
2,094,882.47
101.69

3.88%
2,130,510.04
4,590.38

0.49%
35,627.57
Aaa/AAA
NA

3.62 1.53
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 8

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 2,080,000.00 03/04/2025

4.23%
2,079,869.17
2,079,869.17
100.55

4.02%
2,091,428.35
3,910.40

0.48%
11,559.18
Aaa/NA
AAA

3.96 2.21
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 2,330,000.00 10/17/20244.29%
2,329,653.76
2,329,653.76
100.83

3.90%
2,349,248.60
4,442.53

0.54%
19,594.84
Aaa/AAA
NA

4.04 1.92
44935CAD3 HART 2025-A A3 4.32
10/15/2029 2,625,000.00 03/04/20254.32%
2,624,612.81
2,624,612.81
100.76

3.89%
2,645,050.54
5,040.00

0.61%
20,437.73
NA/AAA
AAA

4.04 1.61
02582JKP4 AMXCA 2025-2 A 4.28
04/15/2030 3,380,000.00 05/06/20254.28%
3,379,938.82
3,379,938.82
100.96

3.92%
3,412,289.14
6,429.51

0.78%
32,350.32
NA/AAA
AAA

4.54 2.36
Total ABS 42,901,736.76 4.92%
42,899,211.65
42,899,211.65
101.07

3.97%
43,361,495.07
86,912.61

9.96%
462,283.41

3.11 1.23
AGENCY
3135G06G3 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 11/07/2025 4,300,000.00 --0.56%
4,287,055.00
4,287,055.00

99.63 4.22%
4,284,036.59
8,600.00

0.98%
(3,018.41)
Aa1/AA+
AA+

0.10 0.10
880591EZ1 TENNESSEE VALLEY AUTHORITY

3.875 03/15/2028 3,500,000.00 05/04/20233.56%
3,548,755.00
3,548,755.00
100.37

3.71%
3,513,071.49
6,027.78

0.81%
(35,683.52)
Aa1/AA+
AA+

2.46 2.32
3130AWN63 FEDERAL HOME LOAN BANKS 4.0
06/30/2028 3,000,000.00 08/21/20234.53%
2,931,360.00
2,931,360.00
101.07

3.59%
3,031,968.96
30,333.33

0.70%
100,608.96
Aa1/AA+
AA+

2.75 2.56
Total Agency 10,800,000.00 2.65%
10,767,170.00
10,767,170.00
100.27

3.88%
10,829,077.04
44,961.11

2.49%
61,907.04

1.61 1.51

AGENCY CMBS
3137BSP72 FHMS K-058 A2 2.653
08/25/2026 1,500,000.00 11/12/20211.37%
1,586,425.78
1,586,425.78

98.82 3.87%
1,482,323.70
3,316.25

0.34%
(104,102.08)
Aa1/AA+
AAA

0.90 0.84
3137BSRE5 FHMS K-059 A2 3.12 09/25/2026 2,998,995.33 02/18/2022

1.98%
3,127,389.82
3,127,389.82

99.15 3.89%
2,973,515.27
7,797.39

0.68%
(153,874.55)
Aa1/AAA
AAA

0.99 0.86
3137FETN0 FHMS K-073 A2 3.35 01/25/2028 6,000,000.00 --

4.55%
5,707,999.69
5,707,999.69

98.78 3.86%
5,926,674.60
16,750.00

1.36%
218,674.91
Aa1/AA+
AAA

2.32 2.09
3137F4D41 FHMS K-074 A2 3.6 01/25/2028 3,000,000.00 03/16/2023

4.93%
2,911,054.69
2,911,054.69

99.28 3.86%
2,978,415.60
9,000.00

0.68%
67,360.91
Aa1/AA+
AAA

2.32 2.12
3137FG6X8 FHMS K-077 A2 3.85 05/25/2028 5,320,000.00 --

4.60%
5,229,125.01
5,229,125.01

99.80 3.86%
5,309,509.49
17,068.33

1.22%
80,384.48
Aa1/AA+
AAA

2.65 2.40
3137FGR31 FHMS K-078 A2 3.854
06/25/2028 1,997,000.00 06/22/20234.42%
1,951,677.46
1,951,677.46

99.81 3.86%
1,993,258.02
6,413.70

0.46%
41,580.56
Aa1/AA+
AAA

2.74 2.43
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 3,148,000.00 09/05/2023

4.88%
3,015,685.63
3,015,685.63

99.91 3.87%
3,145,152.00
10,231.00

0.72%
129,466.37
Aa1/AA+
AAA

2.90 2.67
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 9

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 2,500,000.00 11/28/2023

4.75%
2,411,328.13
2,411,328.13

99.96 3.87%
2,499,117.25
8,166.67

0.57%
87,789.12
Aa1/AA+
AAA

2.99 2.70
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028 5,000,000.00 03/21/20244.56%
4,480,468.75
4,480,468.75

94.72 3.92%
4,736,096.00
8,462.50

1.09%
255,627.25
Aa1/AA+
AAA

2.99 2.80
3137H5YC5 FHMS K-748 A2 2.26 01/25/2029 8,000,000.00 --

4.64%
7,168,164.07
7,168,164.07

94.85 3.94%
7,587,972.00
15,066.67

1.74%
419,807.93
Aa1/AA+
AAA

3.32 3.06
3137FLMV3 FHMS K-090 A2 3.422
02/25/2029 4,950,000.00 05/30/20244.87%
4,637,144.53
4,637,144.53

98.38 3.90%
4,869,675.36
14,115.75

1.12%
232,530.83
Aa1/AAA
AA+

3.41 3.10
3137FLYV0 FHMS K-092 A2 3.298
04/25/2029 3,000,000.00 04/19/2024

4.94%
2,775,468.75
2,775,468.75

97.89 3.91%
2,936,739.00
8,245.00

0.67%
161,270.25
Aa1/AA+
AAA

3.57 3.24
Total Agency CMBS 47,413,995.33 4.42%
45,001,932.31
45,001,932.31

97.98 3.89%
46,438,448.29
124,633.25

10.66%
1,436,515.99

2.74 2.50
CASH
CCYUSD Payable (3,300,000.00) -- (3,300,000.00)
(3,300,000.00)

1.00 0.00%
(3,300,000.00)

0.00 (0.76%)

0.00 Aaa/AAA
AAA

0.00 0.00
CCYUSD Receivable 3,294,743.25 -- 3,294,743.25
3,294,743.25

1.00 0.00%
3,294,743.25

0.00 0.76%

0.00 Aaa/AAA
AAA

0.00 0.00
CCYUSD Receivable 305,571.96 -- 305,571.96
305,571.96

1.00 0.00%
305,571.96

0.00 0.07%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 300,315.21
300,315.21
300,315.21

1.00 0.00%
300,315.21

0.00 0.07%

0.00 0.00

0.00 CORPORATE
023135BX3 AMAZON.COM INC 1.0
05/12/2026 4,865,000.00 05/10/2021

1.09%
4,843,983.20
4,843,983.20

98.24 3.93%
4,779,300.84
18,784.31

1.10%
(64,682.36)
A1/AA
AA0.610.60
91324PEC2 UNITEDHEALTH GROUP INC 1.15
05/15/2026 805,000.00 --1.08%
807,605.05
807,605.05

98.20 4.11%
790,514.20
3,497.28

0.18%
(17,090.85)
A2/A+
A

0.62 0.61
89236TJK2 TOYOTA MOTOR CREDIT CORP

1.125 06/18/2026 3,325,000.00 06/15/20211.13%
3,323,537.00
3,323,537.00

97.99 4.01%
3,258,072.60
10,702.34

0.75%
(65,464.40)
A1/A+
A+

0.71 0.70
57629WDE7 MASSMUTUAL GLOBAL
FUNDING II 1.2 07/16/2026 2,272,000.00 08/10/20211.21%
2,271,369.92
2,271,369.92

97.78 4.07%
2,221,666.45
5,680.00

0.51%
(49,703.47)
Aa3/AA+
AA+

0.79 0.77
58989V2D5 MET TOWER GLOBAL FUNDING

1.25 09/14/2026 1,715,000.00 09/07/20211.27%
1,713,422.20
1,713,422.20

97.50 3.95%
1,672,096.86
1,012.33

0.38%
(41,325.34)
Aa3/AAAA0.96

0.93 931142ER0 WALMART INC 1.05 09/17/2026 785,000.00 09/08/2021

1.09%
783,516.35
783,516.35

97.46 3.76%
765,074.80
320.54

0.18%
(18,441.55)
Aa2/AA
AA

0.96 0.94
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 10

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
59217GER6 METROPOLITAN LIFE GLOBAL
FUNDING I 1.875 01/11/2027 2,485,000.00 01/03/20221.90% 2,482,167.10
2,482,167.10

97.37 4.01%
2,419,573.58
10,354.17

0.56%
(62,593.52)
Aa3/AAAA1.28

1.24 24422EWR6 JOHN DEERE CAPITAL CORP 4.75
01/20/2028 2,450,000.00 01/23/20234.40%
2,487,705.50
2,487,705.50
101.92

3.87%
2,496,965.42
22,951.74

0.57%
9,259.92
A1/A
A+

2.31 2.15
58933YBH7 MERCK & CO INC 4.05
05/17/2028 1,975,000.00 05/08/20234.05%
1,975,392.25
1,975,392.25
100.55

3.83%
1,985,771.08
29,773.13

0.46%
10,378.83
Aa3/A+
NA

2.63 2.36
74340XCG4 PROLOGIS LP 4.875 06/15/2028 4,000,000.00 --

5.11%
3,959,713.70
3,959,713.70
102.29

3.97%
4,091,539.08
57,416.67

0.94%
131,825.38
A2/A
NA

2.71 2.41
78016HZS2 ROYAL BANK OF CANADA 5.2
08/01/2028 3,500,000.00 09/12/20235.50%
3,454,675.00
3,454,675.00
103.12

4.02%
3,609,291.14
30,333.33

0.83%
154,616.14
A1/A
AA2.842.60
69371RS64 PACCAR FINANCIAL CORP 4.95
08/10/2028 1,670,000.00 08/03/20234.99%
1,667,361.40
1,667,361.40
102.84

3.89%
1,717,364.12
11,710.88

0.39%
50,002.72
A1/A+
NA

2.86 2.63
74456QBX3 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.65 09/01/2028 3,000,000.00 09/12/20235.15%
2,805,270.00
2,805,270.00

99.03 4.00%
2,970,965.85
9,125.00

0.68%
165,695.85
A1/A
NA

2.92 2.73
26442CAX2 DUKE ENERGY CAROLINAS LLC

3.95 11/15/2028 3,280,000.00 12/06/20234.81%
3,156,836.00
3,156,836.00

99.98 3.96%
3,279,223.03
48,944.89

0.75%
122,387.03
Aa3/A
NA

3.13 2.87
66815L2Q1

NORTHWESTERN MUTUAL
GLOBAL FUNDING 4.71
01/10/2029
2,400,000.00 --

4.67%
2,404,556.16
2,404,556.16
101.75

4.13%
2,441,941.08
25,434.00

0.56%
37,384.92
Aa1/AA+
AAA

3.28 2.98
57629W5B2 MASSMUTUAL GLOBAL
FUNDING II 4.85 01/17/2029 2,140,000.00 01/09/20244.85% 2,139,721.80
2,139,721.80
102.15

4.14%
2,186,075.38
21,334.61

0.50%
46,353.58
Aa3/AA+
AA+

3.30 3.00
46647PAM8 JPMORGAN CHASE & CO 3.509
01/23/2029 3,300,000.00 01/18/20245.07%
3,116,157.00
3,116,157.00

98.68 4.43%
3,256,527.29
21,872.77

0.75%
140,370.29
A1/A
AA3.312.18
61747YFA8 MORGAN STANLEY 5.123
02/01/2029 2,650,000.00 02/13/20245.31%
2,632,165.50
2,632,165.50
102.15

4.63%
2,707,102.09
22,626.58

0.62%
74,936.59
A1/AA+3.34

2.17 63743HFN7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.85 02/07/2029
2,500,000.00 03/19/2024

5.02%
2,481,775.00
2,481,775.00
102.29

4.11%
2,557,140.00
18,187.50

0.59%
75,365.00
A2/AA3.36

2.98 17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,960,000.00 02/21/20244.86%
1,959,314.00
1,959,314.00
102.61

4.02%
2,011,219.92
9,241.94

0.46%
51,905.92
A1/AANA3.41

3.03 14913UAJ9 CATERPILLAR FINANCIAL
SERVICES CORP 4.85 02/27/2029 2,500,000.00 03/19/20244.81% 2,504,150.00
2,504,150.00
102.69

4.00%
2,567,125.55
11,451.39

0.59%
62,975.55
A2/A
A+

3.41 3.11
26442UAH7 DUKE ENERGY PROGRESS LLC

3.45 03/15/2029 1,500,000.00 05/10/20245.07%
1,396,687.88
1,396,687.88

98.00 4.07%
1,470,065.58
2,300.00

0.34%
73,377.70
Aa3/A
NA

3.45 3.21
89115A2Y7 TORONTO-DOMINION BANK

4.994 04/05/2029 2,330,000.00 03/26/20244.99%
2,330,000.00
2,330,000.00
102.69

4.16%
2,392,636.48
56,887.21

0.55%
62,636.48
A2/AAA3.51

3.13 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 11

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
58989V2H6 MET TOWER GLOBAL FUNDING

5.25 04/12/2029 2,000,000.00 05/24/20245.27%
1,998,260.00
1,998,260.00
103.40

4.20%
2,068,040.74
49,291.67

0.47%
69,780.74
Aa3/AAAA3.53

3.13 74460DAD1 PUBLIC STORAGE OPERATING CO

3.385 05/01/2029 3,000,000.00 --5.21%
2,762,330.00
2,762,330.00

97.68 4.09%
2,930,535.21
42,312.50

0.67%
168,205.21
A2/A
NA

3.58 3.29
57629W4T4 MASSMUTUAL GLOBAL
FUNDING II 5.15 05/30/2029 1,850,000.00 05/22/20245.17% 1,848,464.50
1,848,464.50
103.06

4.24%
1,906,667.09
32,022.99

0.44%
58,202.59
Aa3/AA+
AA+

3.66 3.27
64952WFG3 NEW YORK LIFE GLOBAL
FUNDING 5.0 06/06/2029 2,120,000.00 06/03/20245.04%
2,115,929.60
2,115,929.60
102.84

4.16%
2,180,159.30
33,861.11

0.50%
64,229.70
Aa1/AA+
AAA

3.68 3.29
437076DC3 HOME DEPOT INC 4.75
06/25/2029 3,000,000.00 06/20/2024

4.84%
2,987,610.00
2,987,610.00
102.41

4.05%
3,072,191.43
38,000.00

0.71%
84,581.43
A2/A
A

3.73 3.29
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 3,700,000.00 --4.51%
3,722,196.12
3,722,196.12
101.97

4.09%
3,772,776.60
21,984.17

0.87%
50,580.48
A2/A
A

3.87 3.43
30303M8S4 META PLATFORMS INC 4.3
08/15/2029 2,280,000.00 08/12/20244.33%
2,276,460.36
2,276,460.36
101.27

3.94%
2,308,995.03
12,527.33

0.53%
32,534.67
Aa3/AANA3.87

3.45 40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029 3,050,000.00 09/23/20244.18%
3,050,000.00
3,050,000.00

99.95 4.19%
3,048,511.48
1,770.27

0.70%
(1,488.52)
Aa1/AA+
NA

3.99 3.63
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029 3,445,000.00 12/02/20244.61%
3,443,036.35
3,443,036.35
101.57

4.19%
3,498,949.56
51,062.56

0.80%
55,913.21
Aa1/AA+
AAA

4.18 3.72
89236TNA9 TOYOTA MOTOR CREDIT CORP

4.95 01/09/2030 3,655,000.00 01/06/20255.00%
3,647,178.30
3,647,178.30
103.01

4.17%
3,765,005.96
41,210.13

0.86%
117,827.66
A1/A+
A+

4.28 3.79
02665WFY2 AMERICAN HONDA FINANCE
CORP 4.8 03/05/2030 3,500,000.00 03/07/20254.90%
3,483,900.00
3,483,900.00
101.71

4.37%
3,559,813.60
12,133.33

0.82%
75,913.60
A3/ANA4.43

3.95 69371RT71 PACCAR FINANCIAL CORP 4.55
05/08/2030 4,000,000.00 05/29/20254.51%
4,006,560.00
4,006,560.00
101.80

4.12%
4,071,844.00
72,294.44

0.93%
65,284.00
A1/A+
NA

4.60 4.05
74153WCW7 PRICOA GLOBAL FUNDING I 4.7
05/28/2030 3,250,000.00 05/21/20254.74%
3,244,702.50
3,244,702.50
101.66

4.30%
3,303,916.92
52,189.58

0.76%
59,214.42
Aa3/AAAA4.66

4.09 828807DK0 SIMON PROPERTY GROUP LP

2.65 07/15/2030 4,500,000.00 08/19/20254.32%
4,170,105.00
4,170,105.00

93.13 4.25%
4,190,700.87
25,175.00

0.96%
20,595.87
A3/A
NA

4.79 4.40
437076DJ8 HOME DEPOT INC 3.95
09/15/2030 3,000,000.00 09/09/20254.02%
2,990,700.00
2,990,700.00

99.14 4.14%
2,974,186.83
5,266.67

0.68%
(16,513.17)
A2/A
A

4.96 4.45
40139LBN2 GUARDIAN LIFE GLOBAL
FUNDING 4.327 10/06/2030 3,300,000.00 09/30/20254.33%
3,300,000.00
3,300,000.00
100.00

4.33%
3,300,000.00

0.00 0.76%

0.00 NA/NA
NA

5.02 4.45
Total Corporate 107,057,000.00 4.27%
105,744,514.74
105,744,514.74
100.57

4.11%
107,599,547.04
941,044.33

24.70%
1,855,032.30

3.29 2.92
LAIF
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 12

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
90LAIF$00 Local Agency Investment Fund
State Pool 35,039,871.73 --4.20%
35,039,871.73
35,039,871.73

1.00 4.20%
35,039,871.73

0.00 8.04%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 35,039,871.73 4.20%
35,039,871.73
35,039,871.73

1.00 4.20%
35,039,871.73

0.00 8.04%

0.00 0.00

0.00 MONEY MARKET
FUND
60934N807 FEDERATED HRMS GV O SVC 1,986,637.23 --

3.79%
1,986,637.23
1,986,637.23

1.00 3.79%
1,986,637.23

0.00 0.46%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 1,986,637.23 3.79%
1,986,637.23
1,986,637.23

1.00 3.79%
1,986,637.23

0.00 0.46%

0.00 0.00

0.00 MUNICIPAL
BONDS
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029 4,395,000.00 10/30/20244.38%
4,418,161.65
4,418,161.65
102.61

3.76%
4,509,797.40
32,962.50

1.04%
91,635.75
Aa2/AAAA3.84

3.48 Total Municipal
Bonds 4,395,000.00 4.38%
4,418,161.65
4,418,161.65
102.61

3.76%
4,509,797.40
32,962.50

1.04%
91,635.75

3.84 3.48

SUPRANATIONAL
459058JL8

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 0.5 10/28/2025
6,300,000.00 --

0.59%
6,272,360.85
6,272,360.85

99.72 4.24%
6,282,358.55
13,387.50

1.44%
9,997.70
Aaa/AAA
NA

0.08 0.07
4581X0DV7

INTER-AMERICAN
DEVELOPMENT BANK 0.875
04/20/2026
6,390,000.00 04/13/2021

0.97%
6,360,733.80
6,360,733.80

98.33 3.95%
6,283,518.51
25,005.31

1.44%
(77,215.29)
Aaa/AAA
NA

0.55 0.54
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
4,500,000.00 12/12/2024

4.25%
4,426,740.00
4,426,740.00
100.53

3.73%
4,523,683.23
79,920.00

1.04%
96,943.23
Aaa/AAA
NA

4.04 3.65
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
4,500,000.00 03/14/2025

4.20%
4,484,700.00
4,484,700.00
101.48

3.76%
4,566,632.00
5,671.88

1.05%
81,932.00
Aaa/AAA
NA

4.47 4.05
Total
Supranational 21,690,000.00 2.23%
21,544,534.65
21,544,534.65

99.86 3.95%
21,656,192.29
123,984.69

4.97%
111,657.64

1.97 1.79
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 13

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration

US TREASURY
91282CCW9 UNITED STATES TREASURY 0.75
08/31/2026 1,570,000.00 09/23/20210.90%
1,558,899.61
1,558,899.61

97.32 3.76%
1,527,965.70
1,008.36

0.35%
(30,933.91)
Aa1/AA+
AA+

0.92 0.90
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,130,000.00 10/18/20211.19%
3,083,172.27
3,083,172.27

97.24 3.72%
3,043,509.30

75.24 0.70%
(39,662.97)
Aa1/AA+
AA+

1.00 0.98
91282CDG3 UNITED STATES TREASURY 1.125
10/31/2026 3,120,000.00 11/15/20211.25%
3,100,987.50
3,100,987.50

97.27 3.72%
3,034,809.37
14,688.59

0.70%
(66,178.13)
Aa1/AA+
AA+

1.08 1.05
91282CEW7 UNITED STATES TREASURY 3.25
06/30/2027 6,650,000.00 --3.12%
6,690,380.86
6,690,380.86

99.35 3.63%
6,606,878.87
54,618.55

1.52%
(83,501.99)
Aa1/AA+
AA+

1.75 1.67
91282CFB2 UNITED STATES TREASURY 2.75
07/31/2027 1,300,000.00 08/22/20223.12%
1,277,960.94
1,277,960.94

98.44 3.64%
1,279,687.50
6,023.10

0.29%
1,726.56
Aa1/AA+
AA+

1.83 1.76
91282CFH9 UNITED STATES TREASURY 3.125
08/31/2027 3,450,000.00 --3.45%
3,399,517.58
3,399,517.58

99.07 3.63%
3,418,060.56
9,232.56

0.78%
18,542.98
Aa1/AA+
AA+

1.92 1.84
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 2,800,000.00 --4.37%
2,770,000.01
2,770,000.01
100.96

3.62%
2,827,015.63
317.31

0.65%
57,015.62
Aa1/AA+
AA+

2.00 1.90
91282CFZ9 UNITED STATES TREASURY 3.875
11/30/2027 4,600,000.00 --3.74%
4,628,085.94
4,628,085.94
100.53

3.62%
4,624,257.82
59,903.69

1.06%
(3,828.12)
Aa1/AA+
AA+

2.17 2.03
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 7,000,000.00 --3.78%
7,028,945.31
7,028,945.31
100.55

3.62%
7,038,554.67
68,549.59

1.62%
9,609.36
Aa1/AA+
AA+

2.25 2.12
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028 7,000,000.00 02/16/20234.05%
6,828,007.81
6,828,007.81

99.73 3.62%
6,981,406.25
41,277.17

1.60%
153,398.44
Aa1/AA+
AA+

2.34 2.21
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 7,000,000.00 02/23/20234.16%
6,949,960.94
6,949,960.94
100.88

3.61%
7,061,796.84
23,977.90

1.62%
111,835.90
Aa1/AA+
AA+

2.42 2.28
91282CHE4 UNITED STATES TREASURY 3.625
05/31/2028 7,000,000.00 06/14/20234.00%
6,884,335.94
6,884,335.94
100.02

3.62%
7,001,093.75
85,276.64

1.61%
116,757.81
Aa1/AA+
AA+

2.67 2.49
91282CHX2 UNITED STATES TREASURY 4.375
08/31/2028 1,900,000.00 09/25/20234.62%
1,879,960.94
1,879,960.94
102.04

3.63%
1,938,667.96
7,118.44

0.45%
58,707.02
Aa1/AA+
AA+

2.92 2.71
91282CJA0 UNITED STATES TREASURY 4.625
09/30/2028 5,800,000.00 10/04/20234.77%
5,763,296.88
5,763,296.88
102.81

3.63%
5,963,125.00
736.95

1.37%
199,828.12
Aa1/AA+
AA+

3.00 2.79
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,000,000.00 10/27/20234.79%
2,007,578.13
2,007,578.13
103.56

3.64%
2,071,250.00
40,801.63

0.48%
63,671.87
Aa1/AA+
AA+

3.08 2.80
91282CJN2 UNITED STATES TREASURY 4.375
11/30/2028 3,400,000.00 12/28/20233.83%
3,482,875.00
3,482,875.00
102.16

3.64%
3,473,445.30
49,989.75

0.80%
(9,429.70)
Aa1/AA+
AA+

3.17 2.90
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 11,000,000.00 --3.99%
10,883,007.81
10,883,007.81
100.32

3.64%
11,034,804.66
104,245.92

2.53%
151,796.85
Aa1/AA+
AA+

3.25 3.01
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 14

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CJW2 UNITED STATES TREASURY 4.0
01/31/2029 5,000,000.00 02/13/20244.26%
4,943,164.06
4,943,164.06
101.08

3.65%
5,054,101.55
33,695.65

1.16%
110,937.49
Aa1/AA+
AA+

3.34 3.08
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 7,000,000.00 02/27/20244.30%
6,985,234.38
6,985,234.38
101.90

3.65%
7,133,164.08
25,476.52

1.64%
147,929.70
Aa1/AA+
AA+

3.41 3.15
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 7,000,000.00 04/10/20244.62%
6,848,515.63
6,848,515.63
101.52

3.66%
7,106,640.66
793.27

1.63%
258,125.03
Aa1/AA+
AA+

3.50 3.23
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 7,000,000.00 --4.48%
7,043,730.48
7,043,730.48
103.19

3.67%
7,223,398.42
135,482.34

1.66%
179,667.94
Aa1/AA+
AA+

3.58 3.23
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 4,400,000.00 06/20/2024

4.27%
4,445,375.00
4,445,375.00
102.80

3.67%
4,523,406.27
66,540.98

1.04%
78,031.27
Aa1/AA+
AA+

3.67 3.31
91282CKX8 UNITED STATES TREASURY 4.25
06/30/2029 4,000,000.00 07/18/20244.09%
4,028,281.25
4,028,281.25
101.99

3.68%
4,079,531.24
42,961.96

0.94%
51,249.99
Aa1/AA+
AA+

3.75 3.41
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 8,000,000.00 09/11/20243.45%
8,062,812.50
8,062,812.50

99.76 3.69%
7,980,624.96
24,834.25

1.83%
(82,187.54)
Aa1/AA+
AA+

3.92 3.61
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 8,500,000.00 --3.66%
8,437,500.00
8,437,500.00

99.29 3.69%
8,439,902.37
817.31

1.94%
2,402.37
Aa1/AA+
AA+

4.00 3.70
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 4,500,000.00 12/16/20244.25%
4,474,160.16
4,474,160.16
101.61

3.70%
4,572,421.88
62,382.17

1.05%
98,261.72
Aa1/AA+
AA+

4.17 3.75
91282CMG3 UNITED STATES TREASURY 4.25
01/31/2030 4,500,000.00 02/07/20254.33%
4,483,300.78
4,483,300.78
102.12

3.72%
4,595,273.46
32,221.47

1.06%
111,972.68
Aa1/AA+
AA+

4.34 3.91
91282CMZ1 UNITED STATES TREASURY 3.875
04/30/2030 8,000,000.00 --4.05%
7,936,601.57
7,936,601.57
100.63

3.72%
8,050,624.96
129,728.26

1.85%
114,023.39
Aa1/AA+
AA+

4.58 4.10
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 8,000,000.00 --4.01%
7,996,953.12
7,996,953.12
101.17

3.72%
8,093,750.00
107,540.98

1.86%
96,796.88
Aa1/AA+
AA+

4.67 4.17
91282CNK3 UNITED STATES TREASURY 3.875
06/30/2030 8,000,000.00 07/09/20253.95%
7,972,500.00
7,972,500.00
100.61

3.73%
8,049,062.48
78,342.39

1.85%
76,562.48
Aa1/AA+
AA+

4.75 4.26
Total US Treasury 162,620,000.00 3.90%
161,875,102.40
161,875,102.40
100.76

3.66%
163,828,231.52
1,308,658.95

37.61%
1,953,129.12

3.23 2.97
Total Portfolio 434,204,556.26 4.06%
429,577,451.57
429,577,451.57

91.86 3.89%
435,549,612.81
2,663,157.44
100.00%
5,972,161.24

2.81 2.39
Total Market Value
+ Accrued 438,212,770.25
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 15

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 09/02/2025 60934N807 589,856.25 FEDERATED HRMS GV O SVC 1.000 3.95% (589,856.25) 0.00 (589,856.25) 0.00
Purchase 09/03/2025 60934N807 11,303.47 FEDERATED HRMS GV O SVC 1.000 3.95% (11,303.47) 0.00 (11,303.47) 0.00
Purchase 09/05/2025 60934N807 84,000.00 FEDERATED HRMS GV O SVC 1.000 3.95% (84,000.00) 0.00 (84,000.00) 0.00
Purchase 09/05/2025 60934N807 5,969,358.02 FEDERATED HRMS GV O SVC 1.000 3.95% (5,969,358.02) 0.00 (5,969,358.02) 0.00 Purchase 09/10/2025 60934N807 1,991,656.67 FEDERATED HRMS GV O SVC 1.000 3.96% (1,991,656.67) 0.00 (1,991,656.67) 0.00 Purchase 09/10/2025 60934N807 26,600.00 FEDERATED HRMS GV O SVC 1.000 3.96% (26,600.00) 0.00 (26,600.00) 0.00
Purchase 09/15/2025 90LAIF$00 1,500,000.00 Local Agency Investment Fund State Pool 1.000 4.21% (1,500,000.00) 0.00 (1,500,000.00) 0.00 Purchase 09/15/2025 437076DJ8 3,000,000.00 HOME DEPOT INC 3.95 09/15/2030 99.690 4.02% (2,990,700.00) 0.00 (2,990,700.00) 0.00 Purchase 09/15/2025 60934N807 245,281.06 FEDERATED HRMS GV O SVC 1.000 3.94% (245,281.06) 0.00 (245,281.06) 0.00
Purchase 09/16/2025 60934N807 8,022.71 FEDERATED HRMS GV O SVC 1.000 3.94% (8,022.71) 0.00 (8,022.71) 0.00
Purchase 09/17/2025 60934N807 4,121.25 FEDERATED HRMS GV O SVC 1.000 3.94% (4,121.25) 0.00 (4,121.25) 0.00
Purchase 09/18/2025 60934N807 6,214.21 FEDERATED HRMS GV O SVC 1.000 3.93% (6,214.21) 0.00 (6,214.21) 0.00
Purchase 09/22/2025 90LAIF$00 1,100,000.00 Local Agency Investment Fund State Pool 1.000 4.20% (1,100,000.00) 0.00 (1,100,000.00) 0.00 Purchase 09/22/2025 60934N807 6,715.05 FEDERATED HRMS GV O SVC 1.000 3.93% (6,715.05) 0.00 (6,715.05) 0.00
Purchase 09/23/2025 90LAIF$00 4,500,000.00 Local Agency Investment Fund State Pool 1.000 4.20% (4,500,000.00) 0.00 (4,500,000.00) 0.00 Purchase 09/23/2025 90LAIF$00 4,600,000.00 Local Agency Investment Fund State Pool 1.000 4.20% (4,600,000.00) 0.00 (4,600,000.00) 0.00 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 16

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Purchase 09/23/2025 60934N807 4,400,000.00 FEDERATED HRMS GV O SVC 1.000 3.80% (4,400,000.00) 0.00 (4,400,000.00) 0.00 Purchase 09/23/2025 60934N807 101,085.00 FEDERATED HRMS GV O SVC 1.000 3.80% (101,085.00) 0.00 (101,085.00) 0.00
Purchase 09/25/2025 90LAIF$00 9,300,000.00 Local Agency Investment Fund State Pool 1.000 4.20% (9,300,000.00) 0.00 (9,300,000.00) 0.00 Purchase 09/25/2025 90LAIF$00 7,000,000.00 Local Agency Investment Fund State Pool 1.000 4.20% (7,000,000.00) 0.00 (7,000,000.00) 0.00 Purchase 09/25/2025 60934N807 330,766.90 FEDERATED HRMS GV O SVC 1.000 3.79% (330,766.90) 0.00 (330,766.90) 0.00
Purchase 09/26/2025 60934N807 63,729.75 FEDERATED HRMS GV O SVC 1.000 3.80% (63,729.75) 0.00 (63,729.75) 0.00
Purchase 09/29/2025 90LAIF$00 1,800,000.00 Local Agency Investment Fund State Pool 1.000 4.20% (1,800,000.00) 0.00 (1,800,000.00) 0.00 Purchase 09/30/2025 90LAIF$00 300,000.00 Local Agency Investment Fund State Pool 1.000 4.20% (300,000.00) 0.00 (300,000.00) 0.00 Purchase 09/30/2025 60934N807 498,693.75 FEDERATED HRMS GV O SVC 1.000 3.79% (498,693.75) 0.00 (498,693.75) 0.00
Total Purchase 47,437,404.09 (47,428,104.09) 0.00 (47,428,104.09) 0.00 TOTAL
ACQUISITIONS 47,437,404.09 (47,428,104.09) 0.00 (47,428,104.09) 0.00

DISPOSITIONS
Maturity 09/23/2025 3137EAEX3 (4,400,000.00)

FEDERAL HOME LOAN
MORTGAGE CORP 0.375
09/23/2025
100.000 0.44% 4,400,000.00 0.00 4,400,000.00 12,950.00
Total Maturity (4,400,000.00) 4,400,000.00 0.00 4,400,000.00 12,950.00 Sale 09/02/2025 90LAIF$00 (300,000.00) Local Agency Investment Fund State Pool 1.000 4.24% 300,000.00 0.00 300,000.00 0.00 Sale 09/03/2025 90LAIF$00 (2,300,000.00) Local Agency Investment Fund State Pool 1.000 4.24% 2,300,000.00 0.00 2,300,000.00 0.00 Sale 09/04/2025 90LAIF$00 (800,000.00) Local Agency Investment Fund State Pool 1.000 4.24% 800,000.00 0.00 800,000.00 0.00 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 17

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Sale 09/05/2025 91282CAT8 (6,000,000.00) UNITED STATES TREASURY

0.25 10/31/2025 99.402 0.53% 5,964,140.63 (5,217.39) 5,969,358.02 41,015.63 Sale 09/08/2025 90LAIF$00 (500,000.00) Local Agency Investment Fund State Pool 1.000 4.23% 500,000.00 0.00 500,000.00 0.00 Sale 09/09/2025 90LAIF$00 (500,000.00) Local Agency Investment Fund State Pool 1.000 4.22% 500,000.00 0.00 500,000.00 0.00 Sale 09/10/2025 90LAIF$00 (3,500,000.00) Local Agency Investment Fund State Pool 1.000 4.22% 3,500,000.00 0.00 3,500,000.00 0.00 Sale 09/10/2025 3135G06G3 (2,000,000.00)

FEDERAL NATIONAL

MORTGAGE ASSOCIATION

0.5 11/07/2025

99.412 0.57% 1,988,240.00 (3,416.67) 1,991,656.67 (4,600.00) Sale 09/11/2025 90LAIF$00 (3,100,000.00) Local Agency Investment Fund State Pool 1.000 4.22% 3,100,000.00 0.00 3,100,000.00 0.00 Sale 09/15/2025 60934N807 (2,864,271.61) FEDERATED HRMS GV O SVC 1.000 3.94% 2,864,271.61 0.00 2,864,271.61 0.00
Sale 09/16/2025 90LAIF$00 (500,000.00) Local Agency Investment Fund State Pool 1.000 4.21% 500,000.00 0.00 500,000.00 0.00 Sale 09/17/2025 90LAIF$00 (2,200,000.00) Local Agency Investment Fund State Pool 1.000 4.21% 2,200,000.00 0.00 2,200,000.00 0.00 Sale 09/17/2025 90LAIF$00 (3,000,000.00) Local Agency Investment Fund State Pool 1.000 4.21% 3,000,000.00 0.00 3,000,000.00 0.00 Sale 09/24/2025 90LAIF$00 (3,100,000.00) Local Agency Investment Fund State Pool 1.000 4.20% 3,100,000.00 0.00 3,100,000.00 0.00 Sale 09/25/2025 60934N807 (20,000,000.00) FEDERATED HRMS GV O SVC 1.000 3.79% 20,000,000.00 0.00 20,000,000.00 0.00
Sale 10/01/2025 91324PEG3 (1,365,000.00) UNITEDHEALTH GROUP INC 3.7 05/15/2027 99.634 3.69% 1,360,004.10 (19,079.67) 1,379,083.77 (5,634.30) Sale 10/01/2025 89114TZT2 (1,900,000.00) TORONTO-DOMINION BANK 2.8 03/10/2027 98.356 2.97% 1,868,764.00 (3,103.33) 1,871,867.33 (16,169.00) Total Sale (53,929,271.61) 53,845,420.34 (30,817.06) 53,876,237.40 14,612.33 TOTAL
DISPOSITIONS (58,329,271.61) 58,245,420.34 (30,817.06) 58,276,237.40 27,562.33 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 18

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
OTHER

TRANSACTIONS
Cash Transfer 09/02/2025 CCYUSD (300,000.00) Cash 0.00% (300,000.00) 0.00 (300,000.00) 0.00 Cash Transfer 09/03/2025 CCYUSD (2,300,000.00) Cash 0.00% (2,300,000.00) 0.00 (2,300,000.00) 0.00 Cash Transfer 09/04/2025 CCYUSD (800,000.00) Cash 0.00% (800,000.00) 0.00 (800,000.00) 0.00 Cash Transfer 09/08/2025 CCYUSD (500,000.00) Cash 0.00% (500,000.00) 0.00 (500,000.00) 0.00 Cash Transfer 09/09/2025 CCYUSD (500,000.00) Cash 0.00% (500,000.00) 0.00 (500,000.00) 0.00 Cash Transfer 09/10/2025 CCYUSD (3,500,000.00) Cash 0.00% (3,500,000.00) 0.00 (3,500,000.00) 0.00 Cash Transfer 09/11/2025 CCYUSD (3,100,000.00) Cash 0.00% (3,100,000.00) 0.00 (3,100,000.00) 0.00 Cash Transfer 09/15/2025 CCYUSD 1,500,000.00 Cash 0.00% 1,500,000.00 0.00 1,500,000.00 0.00 Cash Transfer 09/16/2025 CCYUSD (500,000.00) Cash 0.00% (500,000.00) 0.00 (500,000.00) 0.00 Cash Transfer 09/17/2025 CCYUSD (5,200,000.00) Cash 0.00% (5,200,000.00) 0.00 (5,200,000.00) 0.00 Cash Transfer 09/22/2025 CCYUSD 1,100,000.00 Cash 0.00% 1,100,000.00 0.00 1,100,000.00 0.00 Cash Transfer 09/23/2025 CCYUSD 9,100,000.00 Cash 0.00% 9,100,000.00 0.00 9,100,000.00 0.00 Cash Transfer 09/24/2025 CCYUSD (3,100,000.00) Cash 0.00% (3,100,000.00) 0.00 (3,100,000.00) 0.00 Cash Transfer 09/25/2025 CCYUSD (3,700,000.00) Cash 0.00% (3,700,000.00) 0.00 (3,700,000.00) 0.00 Cash Transfer 09/29/2025 CCYUSD 1,800,000.00 Cash 0.00% 1,800,000.00 0.00 1,800,000.00 0.00 Cash Transfer 09/30/2025 CCYUSD 300,000.00 Cash 0.00% 300,000.00 0.00 300,000.00 0.00 Total Cash
Transfer (9,700,000.00) (9,700,000.00) 0.00 (9,700,000.00) 0.00 Coupon 09/01/2025 74456QBX3 0.00

PUBLIC SERVICE ELECTRIC
AND GAS CO 3.65
09/01/2028

5.15% 54,750.00 0.00 54,750.00 0.00
Coupon 09/01/2025 3137FLYV0 0.00 FHMS K-092 A2 3.298
04/25/2029 4.94% 8,245.00 0.00 8,245.00 0.00
Coupon 09/01/2025 3137F4D41 0.00 FHMS K-074 A2 3.6
01/25/2028 4.93% 9,000.00 0.00 9,000.00 0.00
Coupon 09/01/2025 3137FJEH8 0.00 FHMS K-081 A2 3.9
08/25/2028 4.88% 10,231.00 0.00 10,231.00 0.00
Coupon 09/01/2025 3137FLMV3 0.00 FHMS K-090 A2 3.422
02/25/2029 4.87% 14,115.75 0.00 14,115.75 0.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 19

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 09/01/2025 3137FJKE8 0.00 FHMS K-082 A2 3.92
09/25/2028 4.75% 8,166.67 0.00 8,166.67 0.00
Coupon 09/01/2025 3137H5YC5 0.00 FHMS K-748 A2 2.26
01/25/2029 4.64% 15,066.66 0.00 15,066.66 0.00
Coupon 09/01/2025 3137FG6X8 0.00 FHMS K-077 A2 3.85
05/25/2028 4.60% 17,068.33 0.00 17,068.33 0.00
Coupon 09/01/2025 3137H4BY5 0.00 FHMS K-746 A2 2.031
09/25/2028 4.56% 8,462.50 0.00 8,462.50 0.00
Coupon 09/01/2025 3137FETN0 0.00 FHMS K-073 A2 3.35
01/25/2028 4.55% 16,750.00 0.00 16,750.00 0.00
Coupon 09/01/2025 3137FGR31 0.00 FHMS K-078 A2 3.854
06/25/2028 4.42% 6,413.70 0.00 6,413.70 0.00
Coupon 09/01/2025 3137BSRE5 0.00 FHMS K-059 A2 3.12
09/25/2026 1.98% 7,800.00 0.00 7,800.00 0.00
Coupon 09/01/2025 3137BSP72 0.00 FHMS K-058 A2 2.653
08/25/2026 1.37% 3,316.25 0.00 3,316.25 0.00
Coupon 09/05/2025 02665WFY2 0.00

AMERICAN HONDA
FINANCE CORP 4.8
03/05/2030

4.90% 84,000.00 0.00 84,000.00 0.00
Coupon 09/10/2025 89114TZT2 0.00 TORONTO-DOMINION
BANK 2.8 03/10/2027 2.97% 26,600.00 0.00 26,600.00 0.00 Coupon 09/14/2025 58989V2D5 0.00

MET TOWER GLOBAL
FUNDING 1.25
09/14/2026

1.27% 10,718.75 0.00 10,718.75 0.00
Coupon 09/15/2025 44934FAD7 0.00 HALST 2024-B A3 5.41
05/17/2027 5.41% 7,280.96 0.00 7,280.96 0.00
Coupon 09/15/2025 58770JAD6 0.00 MBALT 2024-A A3 5.32
01/18/2028 5.32% 4,810.17 0.00 4,810.17 0.00
Coupon 09/15/2025 02582JKH2 0.00 AMXCA 2024-1 A 5.23
04/16/2029 5.23% 13,380.08 0.00 13,380.08 0.00
Coupon 09/15/2025 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 15,673.50 0.00 15,673.50 0.00
Coupon 09/15/2025 437918AC9 0.00 HAROT 2024-1 A3 5.21
08/15/2028 5.21% 14,913.63 0.00 14,913.63 0.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 20

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 09/15/2025 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.20% 9,100.00 0.00 9,100.00 0.00
Coupon 09/15/2025 26442UAH7 0.00 DUKE ENERGY PROGRESS
LLC 3.45 03/15/2029 5.07% 25,875.00 0.00 25,875.00 0.00 Coupon 09/15/2025 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 5.01% 4,816.49 0.00 4,816.49 0.00
Coupon 09/15/2025 448973AD9 0.00 HART 2024-A A3 4.99
02/15/2029 4.98% 8,316.67 0.00 8,316.67 0.00
Coupon 09/15/2025 05522RDJ4 0.00 BACCT 2024-1 A 4.93
05/15/2029 4.93% 8,606.96 0.00 8,606.96 0.00
Coupon 09/15/2025 05522RDH8 0.00 BACCT 2023-2 A 4.98
11/16/2026 4.85% 8,300.00 0.00 8,300.00 0.00
Coupon 09/15/2025 44935WAD9 0.00 HALST 2025-A A3 4.83
01/18/2028 4.83% 8,412.25 0.00 8,412.25 0.00
Coupon 09/15/2025 44935CAD3 0.00 HART 2025-A A3 4.32
10/15/2029 4.32% 9,450.00 0.00 9,450.00 0.00
Coupon 09/15/2025 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 8,329.75 0.00 8,329.75 0.00
Coupon 09/15/2025 02582JKP4 0.00 AMXCA 2025-2 A 4.28
04/15/2030 4.28% 12,055.33 0.00 12,055.33 0.00
Coupon 09/15/2025 47800DAD6 0.00 JDOT 2025 A3 4.23
09/17/2029 4.23% 7,332.00 0.00 7,332.00 0.00
Coupon 09/15/2025 880591EZ1 0.00

TENNESSEE VALLEY
AUTHORITY 3.875
03/15/2028

3.56% 67,812.50 0.00 67,812.50 0.00
Coupon 09/15/2025 47787JAC2 0.00 JDOT 2022 A3 2.32
09/15/2026 2.33% 97.02 0.00 97.02 0.00
Coupon 09/16/2025 36268GAD7 0.00 GMCAR 2024-1 A3 4.85
12/18/2028 4.90% 8,022.71 0.00 8,022.71 0.00
Coupon 09/17/2025 931142ER0 0.00 WALMART INC 1.05
09/17/2026 1.09% 4,121.25 0.00 4,121.25 0.00
Coupon 09/18/2025 437930AC4 0.00 HAROT 2024-2 A3 5.27
11/20/2028 5.27% 6,214.21 0.00 6,214.21 0.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 21

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 09/20/2025 36269WAD1 0.00 GMALT 2024-2 A3 5.39
07/20/2027 5.39% 6,715.05 0.00 6,715.05 0.00
Coupon 09/20/2025 459058LR2 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 4.125
03/20/2030

4.20% 92,835.00 0.00 92,835.00 0.00
Coupon 09/23/2025 3137EAEX3 0.00

FEDERAL HOME LOAN
MORTGAGE CORP 0.375
09/23/2025

0.44% 8,250.00 0.00 8,250.00 0.00
Coupon 09/25/2025 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.18% 8,007.42 0.00 8,007.42 0.00
Coupon 09/25/2025 05611UAD5 0.00 BMWLT 2024-1 A3 4.98
03/25/2027 5.01% 7,019.70 0.00 7,019.70 0.00
Coupon 09/25/2025 05602RAD3 0.00 BMWOT 2022-A A3 3.21
08/25/2026 3.21% 61.19 0.00 61.19 0.00
Coupon 09/26/2025 40139LBJ1 0.00

GUARDIAN LIFE GLOBAL
FUNDING 4.179
09/26/2029

4.18% 63,729.75 0.00 63,729.75 0.00
Coupon 09/30/2025 91282CJA0 0.00 UNITED STATES TREASURY

4.625 09/30/2028 4.77% 134,125.00 0.00 134,125.00 0.00
Coupon 09/30/2025 91282CKG5 0.00 UNITED STATES TREASURY

4.125 03/31/2029 4.62% 144,375.00 0.00 144,375.00 0.00
Coupon 09/30/2025 91282CFM8 0.00 UNITED STATES TREASURY

4.125 09/30/2027 4.37% 57,750.00 0.00 57,750.00 0.00
Coupon 09/30/2025 91282CLN9 0.00 UNITED STATES TREASURY

3.5 09/30/2029 3.66% 148,750.00 0.00 148,750.00 0.00
Coupon 09/30/2025 91282CCZ2 0.00 UNITED STATES TREASURY

0.875 09/30/2026 1.19% 13,693.75 0.00 13,693.75 0.00
Total Coupon 0.00 1,238,936.95 0.00 1,238,936.95 0.00
Dividend 09/30/2025 60934N807 0.00 FEDERATED HRMS GV O
SVC 3.81% 43,792.14 0.00 43,792.14 0.00
Total Dividend 0.00 43,792.14 0.00 43,792.14 0.00
Principal Paydown 09/01/2025 3137BSRE5 1,004.67 FHMS K-059 A2 3.12 09/25/2026 1.98% 1,004.67 -- 1,004.67 (43.01)
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 22

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Principal Paydown 09/15/2025 437918AC9 19,768.61 HAROT 2024-1 A3 5.21 08/15/2028 5.21% 19,768.61 -- 19,768.61 0.86
Principal Paydown 09/15/2025 47800CAC0 81,886.25 JDOT 2023 A3 5.01 11/15/2027 5.01% 81,886.25 -- 81,886.25 14.92
Principal Paydown 09/15/2025 47787JAC2 24,773.53 JDOT 2022 A3 2.32 09/15/2026 2.33% 24,773.53 -- 24,773.53 5.48
Principal Paydown 09/25/2025 05611UAD5 167,163.74 BMWLT 2024-1 A3 4.98 03/25/2027 5.01% 167,163.74 -- 167,163.74 150.19
Principal Paydown 09/25/2025 05602RAD3 22,874.32 BMWOT 2022-A A3 3.21 08/25/2026 3.21% 22,874.32 -- 22,874.32 1.19
Total Principal
Paydown 317,471.12 317,471.12 -- 317,471.12 129.63

TOTAL OTHER
TRANSACTIONS (9,382,528.88) (8,099,799.79) 0.00 (8,099,799.79) 129.63 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 23

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

CASH & EQUIVALENTS
60934N807 FEDERATED HRMS GV O SVC
1,986,637.23
10,513,504.75
14,337,404.09
(22,864,271.61)
1,986,637.23

0.00 11,303.47

0.00 11,303.47

0.00 0.00

0.00 11,303.47
11,303.47
CCYUSD Payable
(3,300,000.00)

0.00 0.00

0.00 (3,300,000.00)

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 CCYUSD Receivable
3,600,315.21
783,182.09

0.00 0.00
3,600,315.21

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 CCYUSD Cash

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00
Total Cash & Equivalents 2,286,952.44
11,296,686.84
14,337,404.09
(22,864,271.61)
2,286,952.44

0.00 11,303.47

0.00 11,303.47

0.00 0.00

0.00 11,303.47 11,303.47

FIXED INCOME
023135BX3 AMAZON.COM INC 1.0
05/12/2026
05/10/2021
05/12/2021
4,865,000.00
4,843,983.20

0.00 0.00
4,843,983.20
14,730.14

0.00 18,784.31
4,054.17

0.00 0.00

0.00 4,054.17
4,054.17
02582JKH2 AMXCA 2024-1 A 5.23
04/16/2029
04/16/2024
04/23/2024
3,070,000.00
3,069,370.65

0.00 0.00
3,069,370.65
7,136.04
13,380.08
7,136.04
13,380.08

0.00 0.00

0.00 13,380.08
13,380.08
02582JKP4 AMXCA 2025-2 A 4.28
04/15/2030
05/06/2025
05/13/2025
3,380,000.00
3,379,938.82

0.00 0.00
3,379,938.82
6,429.51
12,055.33
6,429.51
12,055.33

0.00 0.00

0.00 12,055.33
12,055.33
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 24

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
02665WFY2 AMERICAN HONDA FINANCE
CORP 4.8 03/05/2030
03/07/2025
03/10/2025
3,500,000.00
3,483,900.00

0.00 0.00
3,483,900.00
82,133.33
84,000.00
12,133.33
14,000.00

0.00 0.00

0.00 14,000.00
14,000.00
05522RDH8 BACCT 2023-2 A 4.98
11/16/2026
03/25/2024
03/27/2024
2,000,000.00
2,006,484.38

0.00 0.00
2,006,484.38
4,426.67
8,300.00
4,426.67
8,300.00

0.00 0.00

0.00 8,300.00
8,300.00
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029
06/06/2024
06/13/2024
2,095,000.00
2,094,882.47

0.00 0.00
2,094,882.47
4,590.38
8,606.96
4,590.38
8,606.96

0.00 0.00

0.00 8,606.96
8,606.96
05602RAD3 BMWOT 2022-A A3 3.21
08/25/2026
05/10/2022
05/18/2022

0.00 22,873.13

0.00 (22,873.13)

0.00 12.24

61.19 0.00

48.95 0.00

0.00 0.00

48.95 48.95
05611UAD5 BMWLT 2024-1 A3 4.98
03/25/2027
03/25/2024
03/27/2024
1,524,331.37
1,689,975.40

0.00 (167,013.55)
1,522,961.85
1,403.94
7,019.70
1,265.20
6,880.95

0.00 0.00

0.00 6,880.95
6,880.95
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
1,855,000.00
1,854,718.23

0.00 0.00
1,854,718.23
1,601.48
8,007.42
1,601.48
8,007.42

0.00 0.00

0.00 8,007.42
8,007.42
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029
10/30/2024
11/05/2024
4,395,000.00
4,418,161.65

0.00 0.00
4,418,161.65
16,481.25

0.00 32,962.50
16,481.25

0.00 0.00

0.00 16,481.25
16,481.25
14913UAJ9

CATERPILLAR FINANCIAL
SERVICES CORP 4.85
02/27/2029
03/19/2024
03/21/2024
2,500,000.00
2,504,150.00

0.00 0.00
2,504,150.00
1,347.22

0.00 11,451.39
10,104.17

0.00 0.00

0.00 10,104.17
10,104.17
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
3,645,000.00
3,643,989.61

0.00 0.00
3,643,989.61
8,359.20
15,673.50
8,359.20
15,673.50

0.00 0.00

0.00 15,673.50
15,673.50
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 25

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
171239AL0 CHUBB INA HOLDINGS LLC

4.65 08/15/2029 3,700,000.00
3,722,196.12

0.00 0.00
3,722,196.12
7,646.67

0.00 21,984.17
14,337.50

0.00 0.00

0.00 14,337.50
14,337.50
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029
02/21/2024
02/26/2024
1,960,000.00
1,959,314.00

0.00 0.00
1,959,314.00
1,320.28

0.00 9,241.94
7,921.67

0.00 0.00

0.00 7,921.67
7,921.67
24422EWR6 JOHN DEERE CAPITAL CORP

4.75 01/20/2028
01/23/2023
01/25/2023
2,450,000.00
2,487,705.50

0.00 0.00
2,487,705.50
13,253.82

0.00 22,951.74
9,697.92

0.00 0.00

0.00 9,697.92
9,697.92
26442CAX2 DUKE ENERGY CAROLINAS
LLC 3.95 11/15/2028
12/06/2023
12/08/2023
3,280,000.00
3,156,836.00

0.00 0.00
3,156,836.00
38,148.22

0.00 48,944.89
10,796.67

0.00 0.00

0.00 10,796.67
10,796.67
26442UAH7 DUKE ENERGY PROGRESS LLC

3.45 03/15/2029
05/10/2024
05/14/2024
1,500,000.00
1,396,687.88

0.00 0.00
1,396,687.88
23,862.50
25,875.00
2,300.00
4,312.50

0.00 0.00

0.00 4,312.50
4,312.50
30303M8S4 META PLATFORMS INC 4.3
08/15/2029
08/12/2024
08/15/2024
2,280,000.00
2,276,460.36

0.00 0.00
2,276,460.36
4,357.33

0.00 12,527.33
8,170.00

0.00 0.00

0.00 8,170.00
8,170.00
3130AWN63 FEDERAL HOME LOAN BANKS

4.0 06/30/2028
08/21/2023
08/23/2023
3,000,000.00
2,931,360.00

0.00 0.00
2,931,360.00
20,333.33

0.00 30,333.33
10,000.00

0.00 0.00

0.00 10,000.00
10,000.00
3135G06G3

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
11/07/2025 4,300,000.00
6,279,895.00

0.00 (1,992,840.00)
4,287,055.00
9,975.00
3,416.67
8,600.00
2,041.67

0.00 0.00

0.00 2,041.67
2,041.67
3137BSP72 FHMS K-058 A2 2.653
08/25/2026
11/12/2021
11/17/2021
1,500,000.00
1,586,425.78

0.00 0.00
1,586,425.78
3,316.25
3,316.25
3,316.25
3,316.25

0.00 0.00

0.00 3,316.25
3,316.25
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 26

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3137BSRE5 FHMS K-059 A2 3.12
09/25/2026
02/18/2022
02/24/2022
2,998,995.33
3,128,437.50

0.00 (1,047.68)
3,127,389.82
7,800.00
7,800.00
7,797.39
7,797.39

0.00 0.00

0.00 7,797.39
7,797.39
3137EAEX3

FEDERAL HOME LOAN
MORTGAGE CORP 0.375
09/23/2025 0.00
4,387,050.00

0.00 (4,387,050.00)

0.00 7,241.67
8,250.00

0.00 1,008.33

0.00 0.00

0.00 1,008.33
1,008.33
3137F4D41 FHMS K-074 A2 3.6
01/25/2028
03/16/2023
03/21/2023
3,000,000.00
2,911,054.69

0.00 0.00
2,911,054.69
9,000.00
9,000.00
9,000.00
9,000.00

0.00 0.00

0.00 9,000.00
9,000.00
3137FETN0 FHMS K-073 A2 3.35
01/25/2028 6,000,000.00
5,707,999.69

0.00 0.00
5,707,999.69
16,750.00
16,750.00
16,750.00
16,750.00

0.00 0.00

0.00 16,750.00
16,750.00
3137FG6X8 FHMS K-077 A2 3.85
05/25/2028 5,320,000.00
5,229,125.01

0.00 0.00
5,229,125.01
17,068.33
17,068.33
17,068.33
17,068.33

0.00 0.00

0.00 17,068.33
17,068.33
3137FGR31 FHMS K-078 A2 3.854
06/25/2028
06/22/2023
06/27/2023
1,997,000.00
1,951,677.46

0.00 0.00
1,951,677.46
6,413.70
6,413.70
6,413.70
6,413.70

0.00 0.00

0.00 6,413.70
6,413.70
3137FJEH8 FHMS K-081 A2 3.9
08/25/2028
09/05/2023
09/08/2023
3,148,000.00
3,015,685.63

0.00 0.00
3,015,685.63
10,231.00
10,231.00
10,231.00
10,231.00

0.00 0.00

0.00 10,231.00
10,231.00
3137FJKE8 FHMS K-082 A2 3.92
09/25/2028
11/28/2023
12/01/2023
2,500,000.00
2,411,328.13

0.00 0.00
2,411,328.13
8,166.67
8,166.67
8,166.67
8,166.67

0.00 0.00

0.00 8,166.67
8,166.67
3137FLMV3 FHMS K-090 A2 3.422
02/25/2029
05/30/2024
06/04/2024
4,950,000.00
4,637,144.53

0.00 0.00
4,637,144.53
14,115.75
14,115.75
14,115.75
14,115.75

0.00 0.00

0.00 14,115.75
14,115.75
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 27

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3137FLYV0 FHMS K-092 A2 3.298
04/25/2029
04/19/2024
04/25/2024
3,000,000.00
2,775,468.75

0.00 0.00
2,775,468.75
8,245.00
8,245.00
8,245.00
8,245.00

0.00 0.00

0.00 8,245.00
8,245.00
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028
03/21/2024
03/25/2024
5,000,000.00
4,480,468.75

0.00 0.00
4,480,468.75
8,462.50
8,462.50
8,462.50
8,462.50

0.00 0.00

0.00 8,462.50
8,462.50
3137H5YC5 FHMS K-748 A2 2.26
01/25/2029 8,000,000.00
7,168,164.07

0.00 0.00
7,168,164.07
15,066.67
15,066.66
15,066.67
15,066.66

0.00 0.00

0.00 15,066.66
15,066.66
36268GAD7 GMCAR 2024-1 A3 4.85
12/18/2028
03/25/2024
03/27/2024
1,985,000.00
1,980,890.43

0.00 0.00
1,980,890.43
4,011.35
8,022.71
4,011.35
8,022.71

0.00 0.00

0.00 8,022.71
8,022.71
36269WAD1 GMALT 2024-2 A3 5.39
07/20/2027
05/07/2024
05/16/2024
1,495,000.00
1,494,913.14

0.00 0.00
1,494,913.14
2,462.18
6,715.05
2,462.18
6,715.05

0.00 0.00

0.00 6,715.05
6,715.05
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029
09/23/2024
09/26/2024
3,050,000.00
3,050,000.00

0.00 0.00
3,050,000.00
54,878.40
63,729.75
1,770.27
10,621.63

0.00 0.00

0.00 10,621.63
10,621.63
40139LBN2 GUARDIAN LIFE GLOBAL
FUNDING 4.327 10/06/2030
09/30/2025
10/06/2025
3,300,000.00

0.00 3,300,000.00

0.00 3,300,000.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 437076DC3 HOME DEPOT INC 4.75
06/25/2029
06/20/2024
06/25/2024
3,000,000.00
2,987,610.00

0.00 0.00
2,987,610.00
26,125.00

0.00 38,000.00
11,875.00

0.00 0.00

0.00 11,875.00
11,875.00
437076DJ8 HOME DEPOT INC 3.95
09/15/2030
09/09/2025
09/15/2025
3,000,000.00

0.00 2,990,700.00

0.00 2,990,700.00

0.00 0.00
5,266.67
5,266.67

0.00 0.00

0.00 5,266.67
5,266.67
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 28

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
437918AC9 HAROT 2024-1 A3 5.21
08/15/2028
02/13/2024
02/21/2024
3,415,231.39
3,434,850.58

0.00 (19,767.75)
3,415,082.83
7,953.93
14,913.63
7,908.16
14,867.85

0.00 0.00

0.00 14,867.85
14,867.85
437930AC4 HAROT 2024-2 A3 5.27
11/20/2028
05/14/2024
05/21/2024
1,415,000.00
1,414,828.08

0.00 0.00
1,414,828.08
2,692.82
6,214.21
2,692.82
6,214.21

0.00 0.00

0.00 6,214.21
6,214.21
448973AD9 HART 2024-A A3 4.99
02/15/2029
03/26/2024
03/28/2024
2,000,000.00
2,000,781.25

0.00 0.00
2,000,781.25
4,435.56
8,316.67
4,435.56
8,316.67

0.00 0.00

0.00 8,316.67
8,316.67
44934FAD7 HALST 2024-B A3 5.41
05/17/2027
05/14/2024
05/22/2024
1,615,000.00
1,614,955.10

0.00 0.00
1,614,955.10
3,883.18
7,280.96
3,883.18
7,280.96

0.00 0.00

0.00 7,280.96
7,280.96
44935CAD3 HART 2025-A A3 4.32
10/15/2029
03/04/2025
03/12/2025
2,625,000.00
2,624,612.81

0.00 0.00
2,624,612.81
5,040.00
9,450.00
5,040.00
9,450.00

0.00 0.00

0.00 9,450.00
9,450.00
44935WAD9 HALST 2025-A A3 4.83
01/18/2028
01/14/2025
01/22/2025
2,090,000.00
2,089,843.46

0.00 0.00
2,089,843.46
4,486.53
8,412.25
4,486.53
8,412.25

0.00 0.00

0.00 8,412.25
8,412.25
4581X0DV7

INTER-AMERICAN
DEVELOPMENT BANK 0.875
04/20/2026
04/13/2021
04/20/2021
6,390,000.00
6,360,733.80

0.00 0.00
6,360,733.80
20,345.94

0.00 25,005.31
4,659.38

0.00 0.00

0.00 4,659.38
4,659.38
459058JL8

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 0.5 10/28/2025 6,300,000.00
6,272,360.85

0.00 0.00
6,272,360.85
10,762.50

0.00 13,387.50
2,625.00

0.00 0.00

0.00 2,625.00
2,625.00
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
12/12/2024
12/13/2024
4,500,000.00
4,426,740.00

0.00 0.00
4,426,740.00
65,385.00

0.00 79,920.00
14,535.00

0.00 0.00

0.00 14,535.00
14,535.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 29

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
03/14/2025
03/20/2025
4,500,000.00
4,484,700.00

0.00 0.00
4,484,700.00
83,015.63
92,835.00
5,671.88
15,491.25

0.00 0.00

0.00 15,491.25
15,491.25
46647PAM8 JPMORGAN CHASE & CO

3.509 01/23/2029
01/18/2024
01/23/2024
3,300,000.00
3,116,157.00

0.00 0.00
3,116,157.00
12,223.02

0.00 21,872.77
9,649.75

0.00 0.00

0.00 9,649.75
9,649.75
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
2,100,000.00
2,099,589.45

0.00 0.00
2,099,589.45
4,853.33
9,100.00
4,853.33
9,100.00

0.00 0.00

0.00 9,100.00
9,100.00
47787JAC2 JDOT 2022 A3 2.32
09/15/2026
03/10/2022
03/16/2022
25,410.34
50,172.77

0.00 (24,768.05)
25,404.72

51.75 97.02

26.20 71.48

0.00 0.00

0.00 71.48

71.48 47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
1,071,763.65
1,153,439.71

0.00 (81,871.33)
1,071,568.38
2,568.79
4,816.49
2,386.46
4,634.16

0.00 0.00

0.00 4,634.16
4,634.16
47800DAD6 JDOT 2025 A3 4.23
09/17/2029
03/04/2025
03/11/2025
2,080,000.00
2,079,869.17

0.00 0.00
2,079,869.17
3,910.40
7,332.00
3,910.40
7,332.00

0.00 0.00

0.00 7,332.00
7,332.00
57629W4T4 MASSMUTUAL GLOBAL
FUNDING II 5.15 05/30/2029
05/22/2024
05/30/2024
1,850,000.00
1,848,464.50

0.00 0.00
1,848,464.50
24,083.40

0.00 32,022.99
7,939.58

0.00 0.00

0.00 7,939.58
7,939.58
57629W5B2 MASSMUTUAL GLOBAL
FUNDING II 4.85 01/17/2029
01/09/2024
01/17/2024
2,140,000.00
2,139,721.80

0.00 0.00
2,139,721.80
12,685.44

0.00 21,334.61
8,649.17

0.00 0.00

0.00 8,649.17
8,649.17
57629WDE7 MASSMUTUAL GLOBAL
FUNDING II 1.2 07/16/2026
08/10/2021
08/12/2021
2,272,000.00
2,271,369.92

0.00 0.00
2,271,369.92
3,408.00

0.00 5,680.00
2,272.00

0.00 0.00

0.00 2,272.00
2,272.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 30

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
58770JAD6 MBALT 2024-A A3 5.32
01/18/2028
05/17/2024
05/23/2024
1,085,000.00
1,084,873.06

0.00 0.00
1,084,873.06
2,565.42
4,810.17
2,565.42
4,810.17

0.00 0.00

0.00 4,810.17
4,810.17
58933YBH7 MERCK & CO INC 4.05
05/17/2028
05/08/2023
05/17/2023
1,975,000.00
1,975,392.25

0.00 0.00
1,975,392.25
23,107.50

0.00 29,773.13
6,665.63

0.00 0.00

0.00 6,665.63
6,665.63
58989V2D5 MET TOWER GLOBAL
FUNDING 1.25 09/14/2026
09/07/2021
09/14/2021
1,715,000.00
1,713,422.20

0.00 0.00
1,713,422.20
9,944.62
10,718.75
1,012.33
1,786.46

0.00 0.00

0.00 1,786.46
1,786.46
58989V2H6 MET TOWER GLOBAL
FUNDING 5.25 04/12/2029
05/24/2024
05/29/2024
2,000,000.00
1,998,260.00

0.00 0.00
1,998,260.00
40,541.67

0.00 49,291.67
8,750.00

0.00 0.00

0.00 8,750.00
8,750.00
59217GER6 METROPOLITAN LIFE GLOBAL
FUNDING I 1.875 01/11/2027
01/03/2022
01/11/2022
2,485,000.00
2,482,167.10

0.00 0.00
2,482,167.10
6,471.35

0.00 10,354.17
3,882.81

0.00 0.00

0.00 3,882.81
3,882.81
61747YFA8 MORGAN STANLEY 5.123
02/01/2029
02/13/2024
02/15/2024
2,650,000.00
2,632,165.50

0.00 0.00
2,632,165.50
11,313.29

0.00 22,626.58
11,313.29

0.00 0.00

0.00 11,313.29
11,313.29
63743HFN7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.85 02/07/2029
03/19/2024
03/21/2024
2,500,000.00
2,481,775.00

0.00 0.00
2,481,775.00
8,083.33

0.00 18,187.50
10,104.17

0.00 0.00

0.00 10,104.17
10,104.17
64952WFG3 NEW YORK LIFE GLOBAL
FUNDING 5.0 06/06/2029
06/03/2024
06/06/2024
2,120,000.00
2,115,929.60

0.00 0.00
2,115,929.60
25,027.78

0.00 33,861.11
8,833.33

0.00 0.00

0.00 8,833.33
8,833.33
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029
12/02/2024
12/05/2024
3,445,000.00
3,443,036.35

0.00 0.00
3,443,036.35
37,856.72

0.00 51,062.56
13,205.83

0.00 0.00

0.00 13,205.83
13,205.83
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 31

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
66815L2Q1

NORTHWESTERN MUTUAL
GLOBAL FUNDING 4.71
01/10/2029
01/10/2024
2,400,000.00
2,404,556.16

0.00 0.00
2,404,556.16
16,014.00

0.00 25,434.00
9,420.00

0.00 0.00

0.00 9,420.00
9,420.00
69371RS64 PACCAR FINANCIAL CORP

4.95 08/10/2028
08/03/2023
08/10/2023
1,670,000.00
1,667,361.40

0.00 0.00
1,667,361.40
4,822.13

0.00 11,710.88
6,888.75

0.00 0.00

0.00 6,888.75
6,888.75
69371RT71 PACCAR FINANCIAL CORP

4.55 05/08/2030
05/29/2025
05/30/2025
4,000,000.00
4,006,560.00

0.00 0.00
4,006,560.00
57,127.78

0.00 72,294.44
15,166.67

0.00 0.00

0.00 15,166.67
15,166.67
74153WCW7 PRICOA GLOBAL FUNDING I

4.7 05/28/2030
05/21/2025
05/28/2025
3,250,000.00
3,244,702.50

0.00 0.00
3,244,702.50
39,460.42

0.00 52,189.58
12,729.17

0.00 0.00

0.00 12,729.17
12,729.17
74340XCG4 PROLOGIS LP 4.875
06/15/2028 4,000,000.00
3,959,713.70

0.00 0.00
3,959,713.70
41,166.67

0.00 57,416.67
16,250.00

0.00 0.00

0.00 16,250.00
16,250.00
74456QBX3

PUBLIC SERVICE ELECTRIC
AND GAS CO 3.65
09/01/2028
09/12/2023
09/14/2023
3,000,000.00
2,805,270.00

0.00 0.00
2,805,270.00
54,750.00
54,750.00
9,125.00
9,125.00

0.00 0.00

0.00 9,125.00
9,125.00
74460DAD1 PUBLIC STORAGE OPERATING
CO 3.385 05/01/2029 3,000,000.00
2,762,330.00

0.00 0.00
2,762,330.00
33,850.00

0.00 42,312.50
8,462.50

0.00 0.00

0.00 8,462.50
8,462.50
78016HZS2 ROYAL BANK OF CANADA 5.2
08/01/2028
09/12/2023
09/14/2023
3,500,000.00
3,454,675.00

0.00 0.00
3,454,675.00
15,166.67

0.00 30,333.33
15,166.67

0.00 0.00

0.00 15,166.67
15,166.67
828807DK0 SIMON PROPERTY GROUP LP

2.65 07/15/2030
08/19/2025
08/20/2025
4,500,000.00
4,170,105.00

0.00 0.00
4,170,105.00
15,237.50

0.00 25,175.00
9,937.50

0.00 0.00

0.00 9,937.50
9,937.50
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 32

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
880591EZ1

TENNESSEE VALLEY
AUTHORITY 3.875
03/15/2028
05/04/2023
05/05/2023
3,500,000.00
3,548,755.00

0.00 0.00
3,548,755.00
62,538.19
67,812.50
6,027.78
11,302.08

0.00 0.00

0.00 11,302.08
11,302.08
89114TZT2 TORONTO-DOMINION BANK

2.8 03/10/2027
03/09/2022
03/11/2022

0.00 1,884,933.00

0.00 (1,884,933.00)

0.00 25,270.00
29,703.33

0.00 4,433.33

0.00 0.00

0.00 4,433.33
4,433.33
89115A2Y7 TORONTO-DOMINION BANK

4.994 04/05/2029
03/26/2024
04/05/2024
2,330,000.00
2,330,000.00

0.00 0.00
2,330,000.00
47,190.53

0.00 56,887.21
9,696.68

0.00 0.00

0.00 9,696.68
9,696.68
89236TJK2 TOYOTA MOTOR CREDIT
CORP 1.125 06/18/2026
06/15/2021
06/18/2021
3,325,000.00
3,323,537.00

0.00 0.00
3,323,537.00
7,585.16

0.00 10,702.34
3,117.19

0.00 0.00

0.00 3,117.19
3,117.19
89236TNA9 TOYOTA MOTOR CREDIT
CORP 4.95 01/09/2030
01/06/2025
01/09/2025
3,655,000.00
3,647,178.30

0.00 0.00
3,647,178.30
26,133.25

0.00 41,210.13
15,076.88

0.00 0.00

0.00 15,076.88
15,076.88
91282CAT8 UNITED STATES TREASURY

0.25 10/31/2025
02/19/2021
02/22/2021

0.00 5,923,125.00

0.00 (5,923,125.00)

0.00 5,054.35
5,217.39

0.00 163.04

0.00 0.00

0.00 163.04
163.04
91282CCW9 UNITED STATES TREASURY

0.75 08/31/2026
09/23/2021
09/24/2021
1,570,000.00
1,558,899.61

0.00 0.00
1,558,899.61

32.53 5,887.50
1,008.36
6,863.33

0.00 0.00

0.00 6,863.33
6,863.33
91282CCZ2 UNITED STATES TREASURY

0.875 09/30/2026
10/18/2021
10/19/2021
3,130,000.00
3,083,172.27

0.00 0.00
3,083,172.27
11,523.70
13,693.75

75.24 2,245.29

0.00 0.00

0.00 2,245.29
2,245.29
91282CDG3 UNITED STATES TREASURY

1.125 10/31/2026
11/15/2021
11/17/2021
3,120,000.00
3,100,987.50

0.00 0.00
3,100,987.50
11,827.17

0.00 14,688.59
2,861.41

0.00 0.00

0.00 2,861.41
2,861.41
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 33

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CEW7 UNITED STATES TREASURY

3.25 06/30/2027 6,650,000.00
6,690,380.86

0.00 0.00
6,690,380.86
36,999.66

0.00 54,618.55
17,618.89

0.00 0.00

0.00 17,618.89
17,618.89
91282CFB2 UNITED STATES TREASURY

2.75 07/31/2027
08/22/2022
08/23/2022
1,300,000.00
1,277,960.94

0.00 0.00
1,277,960.94
3,108.70

0.00 6,023.10
2,914.40

0.00 0.00

0.00 2,914.40
2,914.40
91282CFH9 UNITED STATES TREASURY

3.125 08/31/2027 3,450,000.00
3,399,517.58

0.00 0.00
3,399,517.58
297.82
53,906.25
9,232.56
62,840.99

0.00 0.00

0.00 62,840.99
62,840.99
91282CFM8 UNITED STATES TREASURY

4.125 09/30/2027 2,800,000.00
2,770,000.01

0.00 0.00
2,770,000.01
48,598.36
57,750.00
317.31
9,468.95

0.00 0.00

0.00 9,468.95
9,468.95
91282CFZ9 UNITED STATES TREASURY

3.875 11/30/2027 4,600,000.00
4,628,085.94

0.00 0.00
4,628,085.94
45,293.03

0.00 59,903.69
14,610.66

0.00 0.00

0.00 14,610.66
14,610.66
91282CGC9 UNITED STATES TREASURY

3.875 12/31/2027 7,000,000.00
7,028,945.31

0.00 0.00
7,028,945.31
46,436.82

0.00 68,549.59
22,112.77

0.00 0.00

0.00 22,112.77
22,112.77
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028
02/16/2023
02/17/2023
7,000,000.00
6,828,007.81

0.00 0.00
6,828,007.81
21,304.35

0.00 41,277.17
19,972.83

0.00 0.00

0.00 19,972.83
19,972.83
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028
02/23/2023
02/28/2023
7,000,000.00
6,949,960.94

0.00 0.00
6,949,960.94
773.48
140,000.00
23,977.90
163,204.42

0.00 0.00

0.00 163,204.42
163,204.42
91282CHE4 UNITED STATES TREASURY

3.625 05/31/2028
06/14/2023
06/20/2023
7,000,000.00
6,884,335.94

0.00 0.00
6,884,335.94
64,477.46

0.00 85,276.64
20,799.18

0.00 0.00

0.00 20,799.18
20,799.18
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 34

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CHX2 UNITED STATES TREASURY

4.375 08/31/2028
09/25/2023
09/26/2023
1,900,000.00
1,879,960.94

0.00 0.00
1,879,960.94
229.63
41,562.50
7,118.44
48,451.31

0.00 0.00

0.00 48,451.31
48,451.31
91282CJA0 UNITED STATES TREASURY

4.625 09/30/2028
10/04/2023
10/05/2023
5,800,000.00
5,763,296.88

0.00 0.00
5,763,296.88
112,870.22
134,125.00
736.95
21,991.73

0.00 0.00

0.00 21,991.73
21,991.73
91282CJF9 UNITED STATES TREASURY

4.875 10/31/2028
10/27/2023
10/31/2023
2,000,000.00
2,007,578.13

0.00 0.00
2,007,578.13
32,853.26

0.00 40,801.63
7,948.37

0.00 0.00

0.00 7,948.37
7,948.37
91282CJN2 UNITED STATES TREASURY

4.375 11/30/2028
12/28/2023
12/29/2023
3,400,000.00
3,482,875.00

0.00 0.00
3,482,875.00
37,797.13

0.00 49,989.75
12,192.62

0.00 0.00

0.00 12,192.62
12,192.62
91282CJR3 UNITED STATES TREASURY

3.75 12/31/2028 11,000,000.00
10,883,007.81

0.00 0.00
10,883,007.81
70,618.21

0.00 104,245.92
33,627.72

0.00 0.00

0.00 33,627.72
33,627.72
91282CJW2 UNITED STATES TREASURY 4.0
01/31/2029
02/13/2024
02/14/2024
5,000,000.00
4,943,164.06

0.00 0.00
4,943,164.06
17,391.30

0.00 33,695.65
16,304.35

0.00 0.00

0.00 16,304.35
16,304.35
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
02/27/2024
02/29/2024
7,000,000.00
6,985,234.38

0.00 0.00
6,985,234.38
821.82
148,750.00
25,476.52
173,404.70

0.00 0.00

0.00 173,404.70
173,404.70
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
04/10/2024
04/12/2024
7,000,000.00
6,848,515.63

0.00 0.00
6,848,515.63
121,495.90
144,375.00
793.27
23,672.37

0.00 0.00

0.00 23,672.37
23,672.37
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029 7,000,000.00
7,043,730.48

0.00 0.00
7,043,730.48
109,089.67

0.00 135,482.34
26,392.66

0.00 0.00

0.00 26,392.66
26,392.66
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 35

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/20/2024
06/21/2024
4,400,000.00
4,445,375.00

0.00 0.00
4,445,375.00
50,311.48

0.00 66,540.98
16,229.51

0.00 0.00

0.00 16,229.51
16,229.51
91282CKX8 UNITED STATES TREASURY

4.25 06/30/2029
07/18/2024
07/19/2024
4,000,000.00
4,028,281.25

0.00 0.00
4,028,281.25
29,103.26

0.00 42,961.96
13,858.70

0.00 0.00

0.00 13,858.70
13,858.70
91282CLK5 UNITED STATES TREASURY

3.625 08/31/2029
09/11/2024
09/13/2024
8,000,000.00
8,062,812.50

0.00 0.00
8,062,812.50
801.11
145,000.00
24,834.25
169,033.15

0.00 0.00

0.00 169,033.15
169,033.15
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 8,500,000.00
8,437,500.00

0.00 0.00
8,437,500.00
125,177.60
148,750.00
817.31
24,389.71

0.00 0.00

0.00 24,389.71
24,389.71
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/16/2024
12/17/2024
4,500,000.00
4,474,160.16

0.00 0.00
4,474,160.16
47,167.01

0.00 62,382.17
15,215.16

0.00 0.00

0.00 15,215.16
15,215.16
91282CMG3 UNITED STATES TREASURY

4.25 01/31/2030
02/07/2025
02/10/2025
4,500,000.00
4,483,300.78

0.00 0.00
4,483,300.78
16,630.43

0.00 32,221.47
15,591.03

0.00 0.00

0.00 15,591.03
15,591.03
91282CMZ1 UNITED STATES TREASURY

3.875 04/30/2030 8,000,000.00
7,936,601.57

0.00 0.00
7,936,601.57
104,456.52

0.00 129,728.26
25,271.74

0.00 0.00

0.00 25,271.74
25,271.74
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 8,000,000.00
7,996,953.12

0.00 0.00
7,996,953.12
81,311.48

0.00 107,540.98
26,229.51

0.00 0.00

0.00 26,229.51
26,229.51
91282CNK3 UNITED STATES TREASURY

3.875 06/30/2030
07/09/2025
07/10/2025
8,000,000.00
7,972,500.00

0.00 0.00
7,972,500.00
53,070.65

0.00 78,342.39
25,271.74

0.00 0.00

0.00 25,271.74
25,271.74
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 36

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91324PEC2 UNITEDHEALTH GROUP INC

1.15 05/15/2026 805,000.00
807,605.05

0.00 0.00
807,605.05
2,725.82

0.00 3,497.28
771.46

0.00 0.00

0.00 771.46
771.46
91324PEG3 UNITEDHEALTH GROUP INC

3.7 05/15/2027
05/17/2022
05/20/2022

0.00 1,365,638.40

0.00 (1,365,638.40)

0.00 14,870.92
19,079.67

0.00 4,208.75

0.00 0.00

0.00 4,208.75
4,208.75
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029
10/17/2024
10/24/2024
2,330,000.00
2,329,653.76

0.00 0.00
2,329,653.76
4,442.53
8,329.75
4,442.53
8,329.75

0.00 0.00

0.00 8,329.75
8,329.75
931142ER0 WALMART INC 1.05
09/17/2026
09/08/2021
09/17/2021
785,000.00
783,516.35

0.00 0.00
783,516.35
3,754.92
4,121.25
320.54
686.88

0.00 0.00

0.00 686.88
686.88
Total Fixed Income 396,877,732.09
401,830,855.29
6,290,700.00
(15,870,927.89)
392,250,627.40
2,702,630.51
1,804,860.26
2,663,157.44
1,765,387.20

0.00 0.00

0.00 1,765,387.20 1,765,387.20
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 35,039,871.73
24,739,871.73
30,100,000.00
(19,800,000.00)
35,039,871.73

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 Total LAIF 35,039,871.73
24,739,871.73
30,100,000.00
(19,800,000.00)
35,039,871.73

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00 0.00
TOTAL PORTFOLIO 434,204,556.26
437,867,413.86
50,728,104.09
(58,535,199.50)
429,577,451.57
2,702,630.51
1,816,163.73
2,663,157.44
1,776,690.67

0.00 0.00

0.00 1,776,690.67 1,776,690.67
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 37

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount OCTOBER 2025
10/06/2025 Coupon 89115A2Y7 2,330,000.00 TORONTO-DOMINION BANK 4.994 04/05/2029 58,180.10 58,180.10 10/14/2025 Coupon 58989V2H6 2,000,000.00 MET TOWER GLOBAL FUNDING 5.25 04/12/2029 52,500.00 52,500.00
10/15/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 10/15/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 10/15/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 10/15/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 10/15/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 10/15/2025 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 14,847.18 14,847.18 10/15/2025 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 197,171.14 197,171.14 10/15/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 10/15/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 7,280.96 7,280.96 10/15/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 10/15/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 10/15/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 10/15/2025 Coupon 47787JAC2 25,410.34 JDOT 2022 A3 2.32 09/15/2026 38.73 38.73 10/15/2025 Effective Maturity 47787JAC2 25,410.34 JDOT 2022 A3 2.32 09/15/2026 20,035.19 20,035.19 10/15/2025 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 4,444.04 4,444.04 10/15/2025 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 110,206.42 110,206.42 10/15/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 10/15/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 10/15/2025 Dividend 90LAIF$00 35,039,871.73 Local Agency Investment Fund State Pool 305,571.96 305,571.96 10/15/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 10/16/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 8,022.71 8,022.71 10/16/2025 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 103,115.75 103,115.75 10/16/2025 Coupon 459058LN1 4,500,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 87,187.50 87,187.50
10/20/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,715.04 6,715.04 10/20/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 10/20/2025 Coupon 4581X0DV7 6,390,000.00 INTER-AMERICAN DEVELOPMENT BANK 0.875 04/20/2026 27,956.25 27,956.25
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 38

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/27/2025 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 6,346.98 6,346.98 10/27/2025 Principal Paydown 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 154,068.13 154,068.13 10/27/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 10/27/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 10/27/2025 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 7,797.39 7,797.39 10/27/2025 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 6,160.23 6,160.23 10/27/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 10/27/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 10/27/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 10/27/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 10/27/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 10/27/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 10/27/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 10/27/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 10/27/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 10/27/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 10/28/2025 Coupon 459058JL8 6,300,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 0.5 10/28/2025 15,750.00 15,750.00
10/28/2025 Final Maturity 459058JL8 6,300,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 0.5 10/28/2025 6,300,000.00 6,300,000.00
10/31/2025 Coupon 91282CDG3 3,120,000.00 UNITED STATES TREASURY 1.125 10/31/2026 17,550.00 17,550.00 10/31/2025 Coupon 91282CJF9 2,000,000.00 UNITED STATES TREASURY 4.875 10/31/2028 48,750.00 48,750.00 10/31/2025 Coupon 91282CKP5 7,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 161,875.00 161,875.00 10/31/2025 Coupon 91282CMZ1 8,000,000.00 UNITED STATES TREASURY 3.875 04/30/2030 155,000.00 155,000.00 October 2025 Total 7,196,328.83 925,066.64 8,121,395.46 NOVEMBER 2025
11/03/2025 Coupon 74460DAD1 3,000,000.00 PUBLIC STORAGE OPERATING CO 3.385 05/01/2029 50,775.00 50,775.00
11/07/2025 Coupon 3135G06G3 4,300,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 10,750.00 10,750.00
11/07/2025 Final Maturity 3135G06G3 4,300,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 4,300,000.00 4,300,000.00
11/10/2025 Coupon 69371RT71 4,000,000.00 PACCAR FINANCIAL CORP 4.55 05/08/2030 91,000.00 91,000.00 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 39

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/12/2025 Coupon 023135BX3 4,865,000.00 AMAZON.COM INC 1.0 05/12/2026 24,325.00 24,325.00 11/17/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 11/17/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 11/17/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 11/17/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 11/17/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 11/17/2025 Coupon 26442CAX2 3,280,000.00 DUKE ENERGY CAROLINAS LLC 3.95 11/15/2028 64,780.00 64,780.00
11/17/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 7,605.95 7,605.95 11/17/2025 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 109,688.50 109,688.50 11/17/2025 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 13,991.13 13,991.13 11/17/2025 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 192,192.91 192,192.91 11/17/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 11/17/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 7,280.96 7,280.96 11/17/2025 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 86,668.41 86,668.41 11/17/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 11/17/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 11/17/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 11/17/2025 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 3,983.93 3,983.93 11/17/2025 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 130,025.97 130,025.97 11/17/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 11/17/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 11/17/2025 Coupon 58933YBH7 1,975,000.00 MERCK & CO INC 4.05 05/17/2028 39,993.75 39,993.75 11/17/2025 Coupon 91324PEC2 805,000.00 UNITEDHEALTH GROUP INC 1.15 05/15/2026 4,628.75 4,628.75 11/17/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 11/18/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 11/20/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,715.04 6,715.04 11/20/2025 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 2,973.34 2,973.34 11/25/2025 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 5,707.59 5,707.59 11/25/2025 Principal Paydown 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 160,363.68 160,363.68 11/25/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 11/25/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 40

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/25/2025 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 7,781.37 7,781.37 11/25/2025 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 5,865.17 5,865.17 11/25/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 11/25/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 11/25/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 11/25/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 11/25/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 11/25/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 11/25/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 11/25/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 11/25/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 11/25/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 11/28/2025 Coupon 74153WCW7 3,250,000.00 PRICOA GLOBAL FUNDING I 4.7 05/28/2030 76,375.00 76,375.00 November 2025
Total 4,987,777.97 660,518.23 5,648,296.20
DECEMBER 2025
12/01/2025 Coupon 57629W4T4 1,850,000.00 MASSMUTUAL GLOBAL FUNDING II 5.15 05/30/2029 47,637.50 47,637.50
12/01/2025 Coupon 91282CFZ9 4,600,000.00 UNITED STATES TREASURY 3.875 11/30/2027 89,125.00 89,125.00 12/01/2025 Coupon 91282CHE4 7,000,000.00 UNITED STATES TREASURY 3.625 05/31/2028 126,875.00 126,875.00 12/01/2025 Coupon 91282CJN2 3,400,000.00 UNITED STATES TREASURY 4.375 11/30/2028 74,375.00 74,375.00 12/01/2025 Coupon 91282CKT7 4,400,000.00 UNITED STATES TREASURY 4.5 05/31/2029 99,000.00 99,000.00 12/01/2025 Coupon 91282CMA6 4,500,000.00 UNITED STATES TREASURY 4.125 11/30/2029 92,812.50 92,812.50 12/01/2025 Coupon 91282CNG2 8,000,000.00 UNITED STATES TREASURY 4.0 05/31/2030 160,000.00 160,000.00 12/05/2025 Coupon 64952WFK4 3,445,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 79,235.00 79,235.00
12/08/2025 Coupon 64952WFG3 2,120,000.00 NEW YORK LIFE GLOBAL FUNDING 5.0 06/06/2029 53,000.00 53,000.00
12/15/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 12/15/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 12/15/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 12/15/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 41

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/15/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 12/15/2025 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 13,156.69 13,156.69 12/15/2025 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 182,330.62 182,330.62 12/15/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 12/15/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 6,890.23 6,890.23 12/15/2025 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 178,465.26 178,465.26 12/15/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 12/15/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 12/15/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 12/15/2025 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 3,441.07 3,441.07 12/15/2025 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 87,347.10 87,347.10 12/15/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 12/15/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 12/15/2025 Coupon 74340XCG4 4,000,000.00 PROLOGIS LP 4.875 06/15/2028 97,500.00 97,500.00 12/15/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 12/16/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 7,162.62 7,162.62 12/16/2025 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 100,526.95 100,526.95 12/18/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 12/18/2025 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 23,046.31 23,046.31 12/18/2025 Coupon 89236TJK2 3,325,000.00 TOYOTA MOTOR CREDIT CORP 1.125 06/18/2026 18,703.13 18,703.13
12/22/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,701.69 6,701.69 12/22/2025 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 161,040.57 161,040.57 12/25/2025 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 5,042.08 5,042.08 12/25/2025 Principal Paydown 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 137,400.20 137,400.20 12/25/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 12/25/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 12/25/2025 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 7,766.12 7,766.12 12/25/2025 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 6,175.40 6,175.40 12/25/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 12/25/2025 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 3,091.81 3,091.81 12/25/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 42

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/25/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 12/25/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 12/25/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 12/25/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 12/25/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 12/25/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 12/25/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 12/25/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 12/26/2025 Coupon 437076DC3 3,000,000.00 HOME DEPOT INC 4.75 06/25/2029 71,250.00 71,250.00 12/30/2025 Coupon 3130AWN63 3,000,000.00 FEDERAL HOME LOAN BANKS 4.0 06/30/2028 60,000.00 60,000.00 12/31/2025 Coupon 91282CEW7 6,650,000.00 UNITED STATES TREASURY 3.25 06/30/2027 108,062.50 108,062.50 12/31/2025 Coupon 91282CGC9 7,000,000.00 UNITED STATES TREASURY 3.875 12/31/2027 135,625.00 135,625.00 12/31/2025 Coupon 91282CJR3 11,000,000.00 UNITED STATES TREASURY 3.75 12/31/2028 206,250.00 206,250.00 12/31/2025 Coupon 91282CKX8 4,000,000.00 UNITED STATES TREASURY 4.25 06/30/2029 85,000.00 85,000.00 12/31/2025 Coupon 91282CNK3 8,000,000.00 UNITED STATES TREASURY 3.875 06/30/2030 155,000.00 155,000.00 December 2025
Total 879,424.23 2,054,435.89 2,933,860.12
JANUARY 2026
01/09/2026 Coupon 89236TNA9 3,655,000.00 TOYOTA MOTOR CREDIT CORP 4.95 01/09/2030 90,461.25 90,461.25 01/12/2026 Coupon 59217GER6 2,485,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 1.875 01/11/2027 23,296.88 23,296.88
01/12/2026 Coupon 66815L2Q1 2,400,000.00 NORTHWESTERN MUTUAL GLOBAL FUNDING

4.71 01/10/2029 56,520.00 56,520.00
01/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 01/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 01/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 01/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 01/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 01/15/2026 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 12,365.07 12,365.07 01/15/2026 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 178,746.47 178,746.47 01/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 01/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 64,022.08 64,022.08 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 43

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 6,085.65 6,085.65 01/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 178,317.39 178,317.39 01/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 01/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 01/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 01/15/2026 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 3,076.39 3,076.39 01/15/2026 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 99,193.48 99,193.48 01/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 01/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 01/15/2026 Coupon 828807DK0 4,500,000.00 SIMON PROPERTY GROUP LP 2.65 07/15/2030 59,625.00 59,625.00 01/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 01/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 6,756.33 6,756.33 01/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 95,549.86 95,549.86 01/16/2026 Coupon 57629WDE7 2,272,000.00 MASSMUTUAL GLOBAL FUNDING II 1.2 07/16/2026 13,632.00 13,632.00
01/19/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,113.00 6,113.00 01/19/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 78,102.01 78,102.01 01/20/2026 Coupon 24422EWR6 2,450,000.00 JOHN DEERE CAPITAL CORP 4.75 01/20/2028 58,187.50 58,187.50 01/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 5,978.35 5,978.35 01/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 228,265.20 228,265.20 01/20/2026 Coupon 57629W5B2 2,140,000.00 MASSMUTUAL GLOBAL FUNDING II 4.85 01/17/2029 51,895.00 51,895.00
01/23/2026 Coupon 46647PAM8 3,300,000.00 JPMORGAN CHASE & CO 3.509 01/23/2029 57,898.50 57,898.50 01/26/2026 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 4,471.87 4,471.87 01/26/2026 Principal Paydown 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 251,179.67 251,179.67 01/26/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 01/26/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 66,397.73 66,397.73 01/26/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 01/26/2026 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 7,750.07 7,750.07 01/26/2026 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 123,112.88 123,112.88 01/26/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,990.72 8,990.72 01/26/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,276.64 5,276.64 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 44

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/26/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 01/26/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 01/26/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 01/26/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 01/26/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 01/26/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 01/26/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 01/26/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 01/26/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 January 2026 Total 1,368,163.42 702,714.12 2,070,877.54 FEBRUARY 2026
02/02/2026 Coupon 13063EGT7 4,395,000.00 CALIFORNIA STATE 4.5 08/01/2029 98,887.50 98,887.50 02/02/2026 Coupon 61747YFA8 2,650,000.00 MORGAN STANLEY 5.123 02/01/2029 67,879.75 67,879.75 02/02/2026 Coupon 78016HZS2 3,500,000.00 ROYAL BANK OF CANADA 5.2 08/01/2028 91,000.00 91,000.00 02/02/2026 Coupon 91282CFB2 1,300,000.00 UNITED STATES TREASURY 2.75 07/31/2027 17,875.00 17,875.00 02/02/2026 Coupon 91282CGH8 7,000,000.00 UNITED STATES TREASURY 3.5 01/31/2028 122,500.00 122,500.00 02/02/2026 Coupon 91282CJW2 5,000,000.00 UNITED STATES TREASURY 4.0 01/31/2029 100,000.00 100,000.00 02/02/2026 Coupon 91282CMG3 4,500,000.00 UNITED STATES TREASURY 4.25 01/31/2030 95,625.00 95,625.00 02/09/2026 Coupon 63743HFN7 2,500,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.85 02/07/2029 60,625.00 60,625.00
02/10/2026 Coupon 69371RS64 1,670,000.00 PACCAR FINANCIAL CORP 4.95 08/10/2028 41,332.50 41,332.50 02/16/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 02/16/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 02/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 6,370.15 6,370.15 02/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 94,522.82 94,522.82 02/16/2026 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 11,589.01 11,589.01 02/16/2026 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 176,133.72 176,133.72 02/16/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,050.44 8,050.44 02/16/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 107,807.99 107,807.99 02/16/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 5,281.73 5,281.73 02/16/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 121,084.80 121,084.80 02/16/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 45

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/16/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 02/16/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 02/16/2026 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 2,662.26 2,662.26 02/16/2026 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 65,583.23 65,583.23 02/16/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 02/16/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 02/16/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 44,154.54 44,154.54 02/17/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 02/17/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 02/17/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 02/17/2026 Coupon 171239AL0 3,700,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 86,025.00 86,025.00 02/17/2026 Coupon 30303M8S4 2,280,000.00 META PLATFORMS INC 4.3 08/15/2029 49,020.00 49,020.00 02/17/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 02/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 5,770.00 5,770.00 02/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 77,023.16 77,023.16 02/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 4,953.05 4,953.05 02/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 198,029.37 198,029.37 02/25/2026 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 3,429.48 3,429.48 02/25/2026 Principal Paydown 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 198,964.50 198,964.50 02/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 7,720.80 7,720.80 02/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 105,247.76 105,247.76 02/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 02/25/2026 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 7,429.97 7,429.97 02/25/2026 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 24,943.30 24,943.30 02/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,974.89 8,974.89 02/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,294.53 5,294.53 02/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 02/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 02/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 02/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 02/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 02/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 46

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 02/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 02/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 02/26/2026 Coupon 17275RBR2 1,960,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 47,530.00 47,530.00 02/27/2026 Coupon 14913UAJ9 2,500,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.85 02/27/2029 60,625.00 60,625.00
February 2026
Total 1,218,789.72 1,224,443.01 2,443,232.73
MARCH 2026
03/02/2026 Coupon 74456QBX3 3,000,000.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.65 09/01/2028 54,750.00 54,750.00
03/02/2026 Coupon 91282CCW9 1,570,000.00 UNITED STATES TREASURY 0.75 08/31/2026 5,887.50 5,887.50 03/02/2026 Coupon 91282CFH9 3,450,000.00 UNITED STATES TREASURY 3.125 08/31/2027 53,906.25 53,906.25 03/02/2026 Coupon 91282CGP0 7,000,000.00 UNITED STATES TREASURY 4.0 02/29/2028 140,000.00 140,000.00 03/02/2026 Coupon 91282CHX2 1,900,000.00 UNITED STATES TREASURY 4.375 08/31/2028 41,562.50 41,562.50 03/02/2026 Coupon 91282CKD2 7,000,000.00 UNITED STATES TREASURY 4.25 02/28/2029 148,750.00 148,750.00 03/02/2026 Coupon 91282CLK5 8,000,000.00 UNITED STATES TREASURY 3.625 08/31/2029 145,000.00 145,000.00 03/05/2026 Coupon 02665WFY2 3,500,000.00 AMERICAN HONDA FINANCE CORP 4.8 03/05/2030 84,000.00 84,000.00
03/16/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 03/16/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 03/16/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 03/16/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 03/16/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 03/16/2026 Coupon 26442UAH7 1,500,000.00 DUKE ENERGY PROGRESS LLC 3.45 03/15/2029 25,875.00 25,875.00 03/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 5,988.12 5,988.12 03/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 91,591.90 91,591.90 03/16/2026 Coupon 437076DJ8 3,000,000.00 HOME DEPOT INC 3.95 09/15/2030 59,250.00 59,250.00 03/16/2026 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 10,824.30 10,824.30 03/16/2026 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 170,752.96 170,752.96 03/16/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 7,602.14 7,602.14 03/16/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 104,399.39 104,399.39 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 47

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/16/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 4,735.84 4,735.84 03/16/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 136,898.55 136,898.55 03/16/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 03/16/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 03/16/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 03/16/2026 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 2,388.45 2,388.45 03/16/2026 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 58,517.65 58,517.65 03/16/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 03/16/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,614.98 4,614.98 03/16/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 74,391.47 74,391.47 03/16/2026 Coupon 58989V2D5 1,715,000.00 MET TOWER GLOBAL FUNDING 1.25 09/14/2026 10,718.75 10,718.75
03/16/2026 Coupon 880591EZ1 3,500,000.00 TENNESSEE VALLEY AUTHORITY 3.875 03/15/2028 67,812.50 67,812.50
03/16/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 03/17/2026 Coupon 931142ER0 785,000.00 WALMART INC 1.05 09/17/2026 4,121.25 4,121.25 03/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 5,431.74 5,431.74 03/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 74,631.13 74,631.13 03/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 4,063.57 4,063.57 03/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 183,188.02 183,188.02 03/20/2026 Coupon 459058LR2 4,500,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 92,812.50 92,812.50
03/25/2026 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 2,603.77 2,603.77 03/25/2026 Principal Paydown 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 201,559.61 201,559.61 03/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 7,266.48 7,266.48 03/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 99,406.92 99,406.92 03/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 03/25/2026 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 7,365.12 7,365.12 03/25/2026 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 223,972.14 223,972.14 03/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,959.01 8,959.01 03/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 6,489.76 6,489.76 03/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 48

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 03/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 03/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 03/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 03/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 03/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 03/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 03/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 03/26/2026 Coupon 40139LBJ1 3,050,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 63,729.75 63,729.75
03/31/2026 Coupon 91282CCZ2 3,130,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,693.75 13,693.75 03/31/2026 Coupon 91282CFM8 2,800,000.00 UNITED STATES TREASURY 4.125 09/30/2027 57,750.00 57,750.00 03/31/2026 Coupon 91282CJA0 5,800,000.00 UNITED STATES TREASURY 4.625 09/30/2028 134,125.00 134,125.00 03/31/2026 Coupon 91282CKG5 7,000,000.00 UNITED STATES TREASURY 4.125 03/31/2029 144,375.00 144,375.00 03/31/2026 Coupon 91282CLN9 8,500,000.00 UNITED STATES TREASURY 3.5 09/30/2029 148,750.00 148,750.00 March 2026 Total 1,425,799.49 1,777,189.02 3,202,988.50 APRIL 2026
04/06/2026 Coupon 40139LBN2 3,300,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.327 10/06/2030 71,395.50 71,395.50
04/06/2026 Coupon 89115A2Y7 2,330,000.00 TORONTO-DOMINION BANK 4.994 04/05/2029 58,180.10 58,180.10 04/13/2026 Coupon 58989V2H6 2,000,000.00 MET TOWER GLOBAL FUNDING 5.25 04/12/2029 52,500.00 52,500.00
04/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 04/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 04/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 04/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 04/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 04/15/2026 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 10,082.95 10,082.95 04/15/2026 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 176,169.55 176,169.55 04/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 7,168.01 7,168.01 04/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 109,858.44 109,858.44 04/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 4,118.66 4,118.66 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 49

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 240,562.44 240,562.44 04/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 04/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 04/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 04/15/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 137,573.82 137,573.82 04/15/2026 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 2,144.14 2,144.14 04/15/2026 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 71,145.96 71,145.96 04/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 04/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,285.18 4,285.18 04/15/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 82,969.13 82,969.13 04/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 04/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 5,617.93 5,617.93 04/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 96,162.27 96,162.27 04/16/2026 Coupon 459058LN1 4,500,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 87,187.50 87,187.50
04/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 3,240.75 3,240.75 04/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 199,246.51 199,246.51 04/20/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 5,103.98 5,103.98 04/20/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 77,384.70 77,384.70 04/20/2026 Coupon 4581X0DV7 6,390,000.00 INTER-AMERICAN DEVELOPMENT BANK 0.875 04/20/2026 27,956.25 27,956.25
04/20/2026 Final Maturity 4581X0DV7 6,390,000.00 INTER-AMERICAN DEVELOPMENT BANK 0.875 04/20/2026 6,390,000.00 6,390,000.00
04/27/2026 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 1,767.30 1,767.30 04/27/2026 Principal Paydown 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 220,545.31 220,545.31 04/27/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 6,837.37 6,837.37 04/27/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 96,984.95 96,984.95 04/27/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 04/27/2026 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 6,782.79 6,782.79 04/27/2026 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 5,144.98 5,144.98 04/27/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,939.54 8,939.54 04/27/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,334.81 5,334.81 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 50

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/27/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 04/27/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 04/27/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 04/27/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 04/27/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 04/27/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 04/27/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 04/27/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 04/27/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 04/30/2026 Coupon 91282CDG3 3,120,000.00 UNITED STATES TREASURY 1.125 10/31/2026 17,550.00 17,550.00 04/30/2026 Coupon 91282CJF9 2,000,000.00 UNITED STATES TREASURY 4.875 10/31/2028 48,750.00 48,750.00 04/30/2026 Coupon 91282CKP5 7,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 161,875.00 161,875.00 04/30/2026 Coupon 91282CMZ1 8,000,000.00 UNITED STATES TREASURY 3.875 04/30/2030 155,000.00 155,000.00 April 2026 Total 7,909,082.87 954,958.70 8,864,041.58
MAY 2026
05/01/2026 Coupon 74460DAD1 3,000,000.00 PUBLIC STORAGE OPERATING CO 3.385 05/01/2029 50,775.00 50,775.00
05/08/2026 Coupon 69371RT71 4,000,000.00 PACCAR FINANCIAL CORP 4.55 05/08/2030 91,000.00 91,000.00 05/12/2026 Coupon 023135BX3 4,865,000.00 AMAZON.COM INC 1.0 05/12/2026 24,325.00 24,325.00 05/12/2026 Final Maturity 023135BX3 4,865,000.00 AMAZON.COM INC 1.0 05/12/2026 4,865,000.00 4,865,000.00 05/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 05/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 05/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 05/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 05/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 05/15/2026 Coupon 26442CAX2 3,280,000.00 DUKE ENERGY CAROLINAS LLC 3.95 11/15/2028 64,780.00 64,780.00
05/15/2026 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 9,318.08 9,318.08 05/15/2026 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 169,348.12 169,348.12 05/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 6,711.18 6,711.18 05/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 105,333.20 105,333.20 05/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 3,034.12 3,034.12 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 51

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 216,006.27 216,006.27 05/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 05/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 05/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 8,503.85 8,503.85 05/15/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 133,431.09 133,431.09 05/15/2026 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 1,847.11 1,847.11 05/15/2026 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 70,762.34 70,762.34 05/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 05/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 3,917.35 3,917.35 05/15/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 84,135.86 84,135.86 05/15/2026 Coupon 91324PEC2 805,000.00 UNITEDHEALTH GROUP INC 1.15 05/15/2026 4,628.75 4,628.75 05/15/2026 Final Maturity 91324PEC2 805,000.00 UNITEDHEALTH GROUP INC 1.15 05/15/2026 805,000.00 805,000.00 05/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 05/18/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 5,229.28 5,229.28 05/18/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 92,278.98 92,278.98 05/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 4,764.14 4,764.14 05/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 74,321.63 74,321.63 05/18/2026 Coupon 58933YBH7 1,975,000.00 MERCK & CO INC 4.05 05/17/2028 39,993.75 39,993.75 05/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 2,345.80 2,345.80 05/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 172,521.53 172,521.53 05/25/2026 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 852.04 852.04 05/25/2026 Principal Paydown 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 183,506.28 183,506.28 05/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 6,418.72 6,418.72 05/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 93,090.55 93,090.55 05/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 05/25/2026 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 6,769.42 6,769.42 05/25/2026 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 5,414.86 5,414.86 05/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,923.54 8,923.54 05/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,743.70 5,743.70 05/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 05/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 05/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 52

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 05/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 05/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 05/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 05/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 05/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 05/28/2026 Coupon 74153WCW7 3,250,000.00 PRICOA GLOBAL FUNDING I 4.7 05/28/2030 76,375.00 76,375.00 May 2026 Total 7,075,894.41 619,887.85 7,695,782.27
JUNE 2026
06/01/2026 Coupon 57629W4T4 1,850,000.00 MASSMUTUAL GLOBAL FUNDING II 5.15 05/30/2029 47,637.50 47,637.50
06/01/2026 Coupon 91282CFZ9 4,600,000.00 UNITED STATES TREASURY 3.875 11/30/2027 89,125.00 89,125.00 06/01/2026 Coupon 91282CHE4 7,000,000.00 UNITED STATES TREASURY 3.625 05/31/2028 126,875.00 126,875.00 06/01/2026 Coupon 91282CJN2 3,400,000.00 UNITED STATES TREASURY 4.375 11/30/2028 74,375.00 74,375.00 06/01/2026 Coupon 91282CKT7 4,400,000.00 UNITED STATES TREASURY 4.5 05/31/2029 99,000.00 99,000.00 06/01/2026 Coupon 91282CMA6 4,500,000.00 UNITED STATES TREASURY 4.125 11/30/2029 92,812.50 92,812.50 06/01/2026 Coupon 91282CNG2 8,000,000.00 UNITED STATES TREASURY 4.0 05/31/2030 160,000.00 160,000.00 06/05/2026 Coupon 64952WFK4 3,445,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 79,235.00 79,235.00
06/08/2026 Coupon 64952WFG3 2,120,000.00 NEW YORK LIFE GLOBAL FUNDING 5.0 06/06/2029 53,000.00 53,000.00
06/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 06/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 06/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 06/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 06/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 06/15/2026 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 8,582.82 8,582.82 06/15/2026 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 166,082.86 166,082.86 06/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 6,273.17 6,273.17 06/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 103,724.42 103,724.42 06/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 2,060.29 2,060.29 06/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 207,796.53 207,796.53 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 53

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 06/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 06/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 7,925.65 7,925.65 06/15/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 85,072.51 85,072.51 06/15/2026 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 1,551.67 1,551.67 06/15/2026 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 61,902.91 61,902.91 06/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 06/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 3,544.34 3,544.34 06/15/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 103,628.90 103,628.90 06/15/2026 Coupon 74340XCG4 4,000,000.00 PROLOGIS LP 4.875 06/15/2028 97,500.00 97,500.00 06/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 06/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 4,856.32 4,856.32 06/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 90,859.30 90,859.30 06/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 4,437.74 4,437.74 06/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 72,952.18 72,952.18 06/18/2026 Coupon 89236TJK2 3,325,000.00 TOYOTA MOTOR CREDIT CORP 1.125 06/18/2026 18,703.13 18,703.13
06/18/2026 Final Maturity 89236TJK2 3,325,000.00 TOYOTA MOTOR CREDIT CORP 1.125 06/18/2026 3,325,000.00 3,325,000.00
06/22/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 1,570.90 1,570.90 06/22/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 169,930.92 169,930.92 06/25/2026 Coupon 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 90.49 90.49 06/25/2026 Effective Maturity 05611UAD5 1,524,331.37 BMWLT 2024-1 A3 4.98 03/25/2027 21,804.29 21,804.29 06/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 6,016.88 6,016.88 06/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 91,604.17 91,604.17 06/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 06/25/2026 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 6,755.34 6,755.34 06/25/2026 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 5,170.49 5,170.49 06/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,906.31 8,906.31 06/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,372.45 5,372.45 06/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 06/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 54

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 06/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 06/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 06/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 06/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 06/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 06/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 06/25/2026 Coupon 437076DC3 3,000,000.00 HOME DEPOT INC 4.75 06/25/2029 71,250.00 71,250.00 06/30/2026 Coupon 3130AWN63 3,000,000.00 FEDERAL HOME LOAN BANKS 4.0 06/30/2028 60,000.00 60,000.00 06/30/2026 Coupon 91282CEW7 6,650,000.00 UNITED STATES TREASURY 3.25 06/30/2027 108,062.50 108,062.50 06/30/2026 Coupon 91282CGC9 7,000,000.00 UNITED STATES TREASURY 3.875 12/31/2027 135,625.00 135,625.00 06/30/2026 Coupon 91282CJR3 11,000,000.00 UNITED STATES TREASURY 3.75 12/31/2028 206,250.00 206,250.00 06/30/2026 Coupon 91282CKX8 4,000,000.00 UNITED STATES TREASURY 4.25 06/30/2029 85,000.00 85,000.00 06/30/2026 Coupon 91282CNK3 8,000,000.00 UNITED STATES TREASURY 3.875 06/30/2030 155,000.00 155,000.00 June 2026 Total 4,510,901.92 2,021,398.28 6,532,300.21
JULY 2026
07/09/2026 Coupon 89236TNA9 3,655,000.00 TOYOTA MOTOR CREDIT CORP 4.95 01/09/2030 90,461.25 90,461.25 07/10/2026 Coupon 66815L2Q1 2,400,000.00 NORTHWESTERN MUTUAL GLOBAL FUNDING

4.71 01/10/2029 56,520.00 56,520.00
07/13/2026 Coupon 59217GER6 2,485,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 1.875 01/11/2027 23,296.88 23,296.88
07/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 07/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 07/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 07/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 07/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 07/15/2026 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 7,861.75 7,861.75 07/15/2026 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 162,481.97 162,481.97 07/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 5,841.85 5,841.85 07/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 101,837.73 101,837.73 07/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 1,123.48 1,123.48 07/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 201,674.46 201,674.46 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 55

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 07/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 07/15/2026 Principal Paydown 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 28,582.38 28,582.38 07/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 7,557.00 7,557.00 07/15/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 94,489.65 94,489.65 07/15/2026 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 1,293.23 1,293.23 07/15/2026 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 64,095.87 64,095.87 07/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 07/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 3,084.92 3,084.92 07/15/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 96,619.03 96,619.03 07/15/2026 Coupon 828807DK0 4,500,000.00 SIMON PROPERTY GROUP LP 2.65 07/15/2030 59,625.00 59,625.00 07/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 07/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 4,489.09 4,489.09 07/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 89,199.63 89,199.63 07/16/2026 Coupon 57629WDE7 2,272,000.00 MASSMUTUAL GLOBAL FUNDING II 1.2 07/16/2026 13,632.00 13,632.00
07/16/2026 Final Maturity 57629WDE7 2,272,000.00 MASSMUTUAL GLOBAL FUNDING II 1.2 07/16/2026 2,272,000.00 2,272,000.00
07/17/2026 Coupon 57629W5B2 2,140,000.00 MASSMUTUAL GLOBAL FUNDING II 4.85 01/17/2029 51,895.00 51,895.00
07/20/2026 Coupon 24422EWR6 2,450,000.00 JOHN DEERE CAPITAL CORP 4.75 01/20/2028 58,187.50 58,187.50 07/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 807.62 807.62 07/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 161,723.71 161,723.71 07/20/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 4,117.36 4,117.36 07/20/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 71,422.19 71,422.19 07/23/2026 Coupon 46647PAM8 3,300,000.00 JPMORGAN CHASE & CO 3.509 01/23/2029 57,898.50 57,898.50 07/27/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 5,621.46 5,621.46 07/27/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 89,885.70 89,885.70 07/27/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 07/27/2026 Principal Paydown 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 730,092.41 730,092.41 07/27/2026 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 6,741.89 6,741.89 07/27/2026 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 17,318.48 17,318.48 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 56

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/27/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,890.19 8,890.19 07/27/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,779.93 5,779.93 07/27/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 07/27/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 07/27/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 07/27/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 07/27/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 07/27/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 07/27/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 07/27/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 07/27/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 07/31/2026 Coupon 91282CFB2 1,300,000.00 UNITED STATES TREASURY 2.75 07/31/2027 17,875.00 17,875.00 07/31/2026 Coupon 91282CGH8 7,000,000.00 UNITED STATES TREASURY 3.5 01/31/2028 122,500.00 122,500.00 07/31/2026 Coupon 91282CJW2 5,000,000.00 UNITED STATES TREASURY 4.0 01/31/2029 100,000.00 100,000.00 07/31/2026 Coupon 91282CMG3 4,500,000.00 UNITED STATES TREASURY 4.25 01/31/2030 95,625.00 95,625.00 July 2026 Total 4,187,203.15 1,004,321.71 5,191,524.85
AUGUST 2026
08/03/2026 Coupon 13063EGT7 4,395,000.00 CALIFORNIA STATE 4.5 08/01/2029 98,887.50 98,887.50 08/03/2026 Coupon 61747YFA8 2,650,000.00 MORGAN STANLEY 5.123 02/01/2029 67,879.75 67,879.75 08/04/2026 Coupon 78016HZS2 3,500,000.00 ROYAL BANK OF CANADA 5.2 08/01/2028 91,000.00 91,000.00 08/07/2026 Coupon 63743HFN7 2,500,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.85 02/07/2029 60,625.00 60,625.00
08/10/2026 Coupon 69371RS64 1,670,000.00 PACCAR FINANCIAL CORP 4.95 08/10/2028 41,332.50 41,332.50 08/17/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 08/17/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 08/17/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 08/17/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 08/17/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 08/17/2026 Coupon 171239AL0 3,700,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 86,025.00 86,025.00 08/17/2026 Coupon 30303M8S4 2,280,000.00 META PLATFORMS INC 4.3 08/15/2029 49,020.00 49,020.00 08/17/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 4,128.58 4,128.58 08/17/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 86,759.58 86,759.58 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 57

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/17/2026 Coupon 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 7,156.31 7,156.31 08/17/2026 Principal Paydown 437918AC9 3,415,231.39 HAROT 2024-1 A3 5.21 08/15/2028 157,827.41 157,827.41 08/17/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 5,418.38 5,418.38 08/17/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 99,029.80 99,029.80 08/17/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 214.26 214.26 08/17/2026 Effective Maturity 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 47,525.88 47,525.88 08/17/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 08/17/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,297.21 8,297.21 08/17/2026 Principal Paydown 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 218,058.77 218,058.77 08/17/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 7,147.54 7,147.54 08/17/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 97,631.47 97,631.47 08/17/2026 Coupon 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 1,025.63 1,025.63 08/17/2026 Principal Paydown 47800CAC0 1,071,763.65 JDOT 2023 A3 5.01 11/15/2027 59,556.12 59,556.12 08/17/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 08/17/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 2,656.58 2,656.58 08/17/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 99,231.33 99,231.33 08/17/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 08/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 3,803.70 3,803.70 08/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 69,377.12 69,377.12 08/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 81.21 81.21 08/20/2026 Effective Maturity 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 18,080.82 18,080.82 08/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 5,233.45 5,233.45 08/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 87,418.07 87,418.07 08/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 1,702.14 1,702.14 08/25/2026 Final Maturity 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 769,907.59 769,907.59 08/25/2026 Coupon 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 6,696.87 6,696.87 08/25/2026 Principal Paydown 3137BSRE5 2,998,995.33 FHMS K-059 A2 3.12 09/25/2026 488,932.68 488,932.68 08/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,872.85 8,872.85 08/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,410.34 5,410.34 08/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 08/25/2026 Principal Paydown 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 339.42 339.42 08/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 58

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 08/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 08/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 08/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 08/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 08/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 08/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 08/26/2026 Coupon 17275RBR2 1,960,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 47,530.00 47,530.00 08/27/2026 Coupon 14913UAJ9 2,500,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.85 02/27/2029 60,625.00 60,625.00
August 2026 Total 2,305,086.38 853,006.68 3,158,093.06
Grand Total 1,822,866,445.40 43,064,452.40 12,797,940.14 55,862,392.54 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/03/2025 01:53:04 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 59

IMPORTANT DISCLOSURES
City of Corona Cons Account | Account #10003 | As of September 30, 2025 Chandler Asset Management, Inc. (“Chandler”) is an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV).

To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN “AS IS” BASIS; ICE, ITS AFFILIATES AND

THEIR RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM.

NEITHER ICE DATA, ITS AFFILIATES OR THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS IS” BASIS AND LICENSEE’S USE IS AT LICENSEE’S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest.

Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

* Grouped by: Security Type. * Groups Sorted by: Security Type. * Weighted by: Market Value. * Holdings Displayed by: Position by Account.

Security Type Original Units Market Value Book Value % of Market Value Years to Final Maturity Days to Final Maturity Yield to MaturityABS 44,990,000.00 43,361,495.07 42,899,211.65 9.96% 3.11 1135 3.97Agency 10,800,000.00 10,829,077.04 10,767,170.00 2.49% 1.61 587 3.88Agency CMBS 47,415,000.00 46,438,448.29 45,001,932.31 10.66% 2.74 1002 3.89Cash 300,315.21 300,315.21 300,315.21 0.07% 0.00 0 0.00Corporate 107,057,000.00 107,599,547.04 105,744,514.74 24.70% 3.29 1201 4.11LAIF 35,039,871.73 35,039,871.73 35,039,871.73 8.04% 0.00 0 --- Money Market Fund 1,986,637.23 1,986,637.23 1,986,637.23 0.46% 0.00 0 3.79Municipal Bonds 4,395,000.00 4,509,797.40 4,418,161.65 1.04% 3.84 1401 3.76Supranational 21,690,000.00 21,656,192.29 21,544,534.65 4.97% 1.97 719 3.95US Treasury 162,620,000.00 163,828,231.52 161,875,102.40 37.61% 3.23 1180 3.66--- 436,293,824.17 435,549,612.81 429,577,451.57 100.00% 2.81 1025 3.87 Corona Supplemental City of Corona ConsAgg (362432)As of 09/30/2025 Dated: 10/08/2025 1 Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

MONTHLY ACCOUNT STATEMENT
City of Corona Pension Stabilization Trust | Account #10952 | As of September 30, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is . We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

Charles Schwab Inc.

Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 2

PORTFOLIO SUMMARY
Performance Review
Total Rate of Return** 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (08/01/22)
Corona Pension Trust 1.96% 5.89% 11.11% 10.07% 18.46% 16.14% -- -- 12.75% Benchmark Return 2.12% 4.59% 12.38% 10.20% 15.94% 14.48% -- -- 9.91% **Periods over 1 year are annualized.

Benchmark: 35% S&P 500 TR, 50% ICE Corp Gov & Mtg Index, 15% MSCI EAFE NR Account Summary
End Values as of
08/31/2025
End Values as of
09/30/2025
Market Value 57,009,399.32 58,127,386.28
Accrued Interest 0.00 0.00
Total Market Value 57,009,399.32 58,127,386.28
Income Earned 34,975.90 197,972.20
Cont/WD 0.00 0.00
Par 792,150.22 724,475.58
Book Value 44,239,504.37 44,459,023.73
Cost Value 44,239,504.37 44,459,023.73

TOP ISSUERS
iShares Trust - iShares Core S&P 500 32.89%
Vanguard Bond Index Funds - Vanguard 15.35%
iShares Trust - iShares Core S&P Mid 14.77%
Vanguard Index Funds - Vanguard Smal 11.70%
Vanguard Tax-Managed Funds - Vanguar 10.93%
Vanguard Specialized Funds - Vanguar 7.49%
Total 93.12%
Asset Allocation
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 3

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

CASH EQUIVALENTS
Max % (MV; Cash & Fixed Income) 30.0 18.1 Compliant
Min % (MV; Cash & Fixed Income) 10.0 18.1 Compliant

COMMODITIES
Max % (MV) 5.0 0.0 Compliant
Min % (MV) 0.0 0.0 Compliant

EQUITIES
Max % (MV) 80.0 72.4 Compliant
Min % (MV) 50.0 72.4 Compliant

FIXED INCOME
Max % (MV; Cash & Fixed Income) 30.0 18.1 Compliant
Min % (MV; Cash & Fixed Income) 10.0 18.1 Compliant
Min Rating (BBB- by 1) 0.0 0.0 Compliant
REITS
Max % (MV) 15.0 9.6 Compliant
Min % (MV) 0.0 9.6 Compliant
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 4

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CASH
CCYUSD Cash 180,720.51 --

0.00%
180,720.51
180,720.51

1.00 0.00%
180,720.51

0.00 0.31%

0.00 Aaa/AAA
AAA

0.00 0.00
CCYUSD Receivable 21,535.07 -- 21,535.07
21,535.07

1.00 0.00%
21,535.07

0.00 0.04%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 202,255.58 0.00%
202,255.58
202,255.58

1.00 0.00%
202,255.58

0.00 0.35%

0.00 0.00

0.00 EMERGING

MARKET EQUITY
922042858 VANGUARD EM ST I ETF 22,450.00 --

0.00%
884,907.12
884,907.12

54.18 0.00%
1,216,341.00

0.00 2.09%
331,433.89
NA/NA
NA 0.00
Total Emerging
Market Equity 22,450.00 0.00%
884,907.12
884,907.12

54.18 0.00%
1,216,341.00

0.00 2.09%
331,433.89 0.00

INTERNATIONAL
EQUITY
921943858 VANGUARD DEV MKT ETF 106,000.00 --

0.00%
4,674,312.12
4,674,312.12

59.92 0.00%
6,351,520.00

0.00 10.93%
1,677,207.88
NA/NA
NA 0.00
Total International
Equity 106,000.00 0.00%
4,674,312.12
4,674,312.12

59.92 0.00%
6,351,520.00

0.00 10.93%
1,677,207.88 0.00

INTERNATIONAL

REAL ESTATE
922042676 VANGUARD GXUS RE ETF 25,315.00 --

0.00%
1,043,765.11
1,043,765.11

47.74 0.00%
1,208,538.10

0.00 2.08%
164,772.99
NA/NA
NA 0.00
Total International
Real Estate 25,315.00 0.00%
1,043,765.11
1,043,765.11

47.74 0.00%
1,208,538.10

0.00 2.08%
164,772.99 0.00

LARGE CAP US
EQUITY
464287200 ISHARES:CORE S&P 500 28,560.00 --

0.00%
11,895,762.54
11,895,762.54
669.30

0.00%
19,115,208.00

0.00 32.89%
7,219,445.46
NA/NA
NA 0.00
Total Large Cap US
Equity 28,560.00 0.00%
11,895,762.54
11,895,762.54
669.30

0.00%
19,115,208.00

0.00 32.89%
7,219,445.46 0.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 5

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration

MID CAP US
EQUITY
464287507 ISHARES:CORE S&P MD-CP 131,550.00 --

0.00%
6,422,098.29
6,422,098.29

65.26 0.00%
8,584,953.00

0.00 14.77%
2,162,854.71
NA/NA
NA 0.00
Total Mid Cap US
Equity 131,550.00 0.00%
6,422,098.29
6,422,098.29

65.26 0.00%
8,584,953.00

0.00 14.77%
2,162,854.71 0.00

REAL ESTATE
922908553 VANGUARD RE IDX ETF 47,600.00 --

0.00%
4,143,783.55
4,143,783.55

91.42 0.00%
4,351,592.00

0.00 7.49%
207,808.45
NA/NA
NA 0.00
Total Real Estate 47,600.00 0.00%
4,143,783.55
4,143,783.55

91.42 0.00%
4,351,592.00

0.00 7.49%
207,808.45 0.00

SMALL CAP US
EQUITY
922908751 VANGUARD S-C ID ETF 26,745.00 --

0.00%
5,144,020.19
5,144,020.19
254.28

0.00%
6,800,718.60

0.00 11.70%
1,656,698.41
NA/NA
NA 0.00
Total Small Cap US
Equity 26,745.00 0.00%
5,144,020.19
5,144,020.19
254.28

0.00%
6,800,718.60

0.00 11.70%
1,656,698.41 0.00

US CORE BONDS
921937835 VANGUARD TOT BD ETF 120,000.00 --

0.00%
8,735,589.28
8,735,589.28

74.37 0.00%
8,924,400.00

0.00 15.35%
188,810.72
NA/NA
NA 0.00
Total US Core
Bonds 120,000.00 0.00%
8,735,589.28
8,735,589.28

74.37 0.00%
8,924,400.00

0.00 15.35%
188,810.72 0.00

US HIGH YIELD
BONDS
78468R622 SPDR BBG HIGH YIELD BD 14,000.00 --

0.00%
1,312,529.95
1,312,529.95

97.99 0.00%
1,371,860.00

0.00 2.36%
59,330.05
NA/NA
NA 0.00
Total US High Yield
Bonds 14,000.00 0.00%
1,312,529.95
1,312,529.95

97.99 0.00%
1,371,860.00

0.00 2.36%
59,330.05 0.00
Total Portfolio 724,475.58 0.00%
44,459,023.73
44,459,023.73
288.74

0.00%
58,127,386.28

0.00 100.00%
13,668,362.55

0.00 0.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 6

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Market Value
+ Accrued 58,127,386.28
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 7

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 09/30/2025 78468R622 2,960.00 SPDR BBG HIGH YIELD BD 98.025 0.00% (290,154.00) 0.00 (290,154.00) 0.00 Total Purchase 2,960.00 (290,154.00) 0.00 (290,154.00) 0.00 TOTAL
ACQUISITIONS 2,960.00 (290,154.00) 0.00 (290,154.00) 0.00 OTHER

TRANSACTIONS
Equity Dividend 09/04/2025 921937835 0.00 VANGUARD TOT BD ETF 0.00% 29,131.08 0.00 29,131.08 0.00 Equity Dividend 09/05/2025 78468R622 0.00 SPDR BBG HIGH YIELD BD 0.00% 5,844.40 0.00 5,844.40 0.00 Equity Dividend 09/19/2025 464287200 0.00 ISHARES:CORE S&P 500 0.00% 56,970.00 0.00 56,970.00 0.00 Equity Dividend 09/19/2025 464287507 0.00 ISHARES:CORE S&P MD-CP 0.00% 27,894.78 0.00 27,894.78 0.00
Equity Dividend 09/23/2025 922042858 0.00 VANGUARD EM ST I ETF 0.00% 6,274.78 0.00 6,274.78 0.00 Equity Dividend 09/23/2025 921943858 0.00 VANGUARD DEV MKT ETF 0.00% 30,369.00 0.00 30,369.00 0.00 Equity Dividend 09/26/2025 922908553 0.00 VANGUARD RE IDX ETF 0.00% 41,488.16 0.00 41,488.16 0.00 Equity Dividend 10/01/2025 922908751 0.00 VANGUARD S-C ID ETF 0.00% 21,535.07 0.00 21,535.07 0.00 Total Equity
Dividend 0.00 219,507.27 0.00 219,507.27 0.00
Other Income 09/15/2025 CCYUSD 10.55 Cash 0.00% 10.55 0.00 10.55 0.00 Other Income 09/15/2025 CCYUSD 1.54 Cash 0.00% 1.54 0.00 1.54 0.00 Total Other
Income 12.09 12.09 0.00 12.09 0.00

TOTAL OTHER
TRANSACTIONS 12.09 219,519.36 0.00 219,519.36 0.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 8

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

CASH & EQUIVALENTS
CCYUSD Cash
180,720.51
272,890.22

0.00 0.00
180,720.51

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 CCYUSD Receivable
21,535.07

0.00 0.00

0.00 21,535.07

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 Total Cash & Equivalents 202,255.58
272,890.22

0.00 0.00
202,255.58

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00 0.00
EQUITY
464287200 ISHARES:CORE S&P 500
28,560.00
11,895,762.54

0.00 0.00
11,895,762.54

0.00 56,970.00

0.00 56,970.00

0.00 0.00

0.00 56,970.00
56,970.00
464287507 ISHARES:CORE S&P MD-CP
131,550.00
6,422,098.29

0.00 0.00
6,422,098.29

0.00 27,894.78

0.00 27,894.78

0.00 0.00

0.00 27,894.78
27,894.78
78468R622 SPDR BBG HIGH YIELD BD
14,000.00
1,022,375.95
290,154.00

0.00 1,312,529.95

0.00 5,844.40

0.00 5,844.40

0.00 0.00

0.00 5,844.40
5,844.40
921937835 VANGUARD TOT BD ETF
120,000.00
8,735,589.28

0.00 0.00
8,735,589.28

0.00 29,131.08

0.00 29,131.08

0.00 0.00

0.00 29,131.08
29,131.08
921943858 VANGUARD DEV MKT ETF
106,000.00
4,674,312.12

0.00 0.00
4,674,312.12

0.00 30,369.00

0.00 30,369.00

0.00 0.00

0.00 30,369.00
30,369.00
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 9

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
922042676 VANGUARD GXUS RE ETF
25,315.00
1,043,765.11

0.00 0.00
1,043,765.11

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 922042858 VANGUARD EM ST I ETF
22,450.00
884,907.12

0.00 0.00
884,907.12

0.00 6,274.78

0.00 6,274.78

0.00 0.00

0.00 6,274.78
6,274.78
922908553 VANGUARD RE IDX ETF
47,600.00
4,143,783.55

0.00 0.00
4,143,783.55

0.00 41,488.16

0.00 41,488.16

0.00 0.00

0.00 41,488.16
41,488.16
922908751 VANGUARD S-C ID ETF
26,745.00
5,144,020.19

0.00 0.00
5,144,020.19

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 Total Equity 522,220.00
43,966,614.15
290,154.00

0.00 44,256,768.15

0.00 197,972.20

0.00 197,972.20

0.00 0.00

0.00 197,972.20 197,972.20
TOTAL PORTFOLIO 724,475.58
44,239,504.37
290,154.00

0.00 44,459,023.73

0.00 197,972.20

0.00 197,972.20

0.00 0.00

0.00 197,972.20 197,972.20
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 10

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount OCTOBER 2025
10/01/2025 Equity Dividend 922908751 0.00 VANGUARD S-C ID ETF 21,535.07 21,535.07 10/03/2025 Equity Dividend 921937835 120,000.00 VANGUARD TOT BD ETF 28,479.36 28,479.36 10/06/2025 Equity Dividend 78468R622 14,000.00 SPDR BBG HIGH YIELD BD 7,527.73 7,527.73 October 2025 Total 57,542.16 57,542.16
Grand Total 134,000.00 57,542.16 57,542.16
Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 11

IMPORTANT DISCLOSURES
City of Corona Pension Stabilization Trust | Account #10952 | As of September 30, 2025 Chandler Asset Management, Inc. (“Chandler”) is an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV).

To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN “AS IS” BASIS; ICE, ITS AFFILIATES AND

THEIR RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM.

NEITHER ICE DATA, ITS AFFILIATES OR THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS IS” BASIS AND LICENSEE’S USE IS AT LICENSEE’S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest.

Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

Execution Time: 10/02/2025 03:04:57 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 12

BENCHMARK INDEX & DISCLOSURES
Benchmark Disclosure
35% S&P 500 TR, 50% ICE Corp Gov &
Mtg Index, 15% MSCI EAFE TR
The S&P 500 is a market value weighted index of 500 large-capitalization stocks. The 500 companies included in the index capture approximately 80% of available US market capitalization.

The MSCI EAFE International Equity Index is a market capitalization weighted index that captures international equity performance of large- and mid-cap stocks in the developed stock markets of Europe, Australasia, and the Far East.

The ICE BofA US Corporate, Government & Mortgage Index tracks the performance of US dollar denominated investment grade debt publicly issued in the US domestic market, including US Treasuries, quasi-governments, corporates, covered bonds and residential mortgage pass-throughs. Non-residential mortgage collateralized debt such as commercial mortgage backed securities and asset backed securities are excluded from this index, as are all collateralized mortgage obligations. Most qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). They must also have at least one year remaining term to final maturity, at least 18 months to final maturity at point of issuance and a fixed coupon schedule. Amounts outstanding for qualifying US Treasuries must be at least $1 billion; US agencies, foreign governments, supranationals, corporates and covered bonds must have at least $250 million outstanding. Qualifying residential mortgage pass-through securities include fixed rate securities publicly issued by US agencies. 30-year, 20-year and 15-year fixed rate mortgage pools must have at least one year remaining term to final maturity and a minimum amount outstanding of at least $5 billion per generic coupon and $250 million per production year within each generic coupon.

Docusign Envelope ID: 92D4AA85-5F80-40E8-A272-202E0F2270F7

DATE: 11/19/2025
TO: Honorable Mayor and City Council Members
FROM: Finance Department
2025-436

REQUEST FOR CITY COUNCIL ACTION
SUBJECT:

CITY COUNCIL, SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF

THE CITY OF CORONA, CORONA PUBLIC FINANCING AUTHORITY, CORONA

UTILITY AUTHORITY, AND CORONA HOUSING AUTHORITY TO RECEIVE AND FILE THE MONTHLY FISCAL REPORT FOR SEPTEMBER 2025
RECOMMENDED ACTION:

That the City Council receive and file the monthly fiscal report for September 2025.

M E M O R A N D U M
November 19, 2025
TO: City Clerk
FROM: Kim Sitton
Finance Director

SUBJECT: Monthly Fiscal Report, September 2025
Pursuant to CMC Section 2.28.010 (D) the attached report provides an accounting of all receipts, disbursements, and fund balances for the month of September 2025, subject to final audit.

Prepared By: Reviewed By:
_______________________________ _______________________________ Financial Analyst Accounting Manager

Respectfully submitted:
_______________________________ _______________________________ Finance Director Assistant City Manager

_______________________________
City Treasurer
Attachment
Docusign Envelope ID: D2C9D6BF-2236-4EEA-AB3B-E5935D0DE20B

BEGINNING ENDING

DESCRIPTION BALANCE RECEIPTS DISBURSEMENTS BALANCE
Balance Per Bank - Bank of America $ 6,348,349.93 $ 66,093,916.93 $ 70,454,822.93 $ 1,987,443.93 Deposits in Transit 1,872,714.39 1,872,714.39 2,755,293.79 Outstanding Checks (4,270,592.87) 908,415.14 (908,415.14) Fiscal Agents 57,121,565.78 26,245,130.53 44,472,435.94 Developer Escrow Accounts 2,529,523.58
2,755,293.79
4,270,592.87
13,596,000.69
2,529,523.58
Investments
Chandler Investment- City Account 409,627,542.13 18,091,839.65 36,681,801.94 391,037,579.84 Chandler Investment -Pension Trust Fund 44,239,504.37 219,519.36 44,459,023.73 LAIF 28,239,871.73 30,100,000.00 19,800,000.00 38,539,871.73 Investments Subtotal 482,106,918.23 48,411,359.01 56,481,801.94 474,036,475.30 Change Fund 10,248.00 10,248.00
Returned Checks 2,437.29 69,603.94 64,242.68 7,798.55
Credit Card Reconciling Items- Fees (2,678.99) 2,678.99 2,793.41 (2,793.41) TOTAL $ 545,718,485.34 $ 135,199,446.22 $ 156,029,921.02 $ 524,888,010.54 * For informational purpose only
September 30, 2025

CITY OF CORONA
Receipts and Disbursements*
Docusign Envelope ID: D2C9D6BF-2236-4EEA-AB3B-E5935D0DE20B

ENDING DEPOSITS OUTSTANDING MISCELLANEOUS RECONCILED

ACCOUNTS BANK BAL IN TRANSIT CHECKS RECONCILING ITEMS BALANCES LAIF $ 38,539,871.73 $ 38,539,871.73
Chandler Investment- City Account $ 391,037,579.84 $ 391,037,579.84 Chandler Investment -Pension Trust Fund $ 44,459,023.73 $ 44,459,023.73 Investment Total 474,036,475.30 474,036,475.30
General Account - Bank of America 1,592,180.01 2,524,845.85 (782,703.28) 5,005.14 3,339,327.72 Worker's Comp Account - Bank of America 395,263.92 230,447.94 (125,711.86) 500,000.00 Fiscal Agent Accounts 44,472,435.94 44,472,435.94
Escrow Account 2,529,523.58 2,529,523.58
Cashiers Change 10,248.00 10,248.00

BALANCE PER BOOKS OF CITY TREASURER
& FINANCE DIRECTOR $ 523,036,126.75 $ 2,755,293.79 $ (908,415.14) $ 5,005.14 $ 524,888,010.54 Subject to final audit

CITY OF CORONA
Cash and Investment Status Report
September 30, 2025
Docusign Envelope ID: D2C9D6BF-2236-4EEA-AB3B-E5935D0DE20B

General Fund $ 173,885,930.80
Special Revenue Funds
Gas Tax 14,695,510.03
Measure A 18,092,830.30
Trip Reduction 2,242,492.26
Asset Forfeiture 427,268.98
Development 30,849,875.31
Residential Refuse/Recycling 45,749.53
Landscape and Streetlight Maintenance 28,285,456.90
Other Grants and Endowments 11,404,752.67 106,043,935.98 Debt Service Funds
Public Financing Authority 701.15 701.15
Capital Project Funds
Housing/Community Development 930,544.79
Planned Local Drainage 270,143.18
Other Grants (2,961,895.15)
Public Facility Project (52,848.57)
Corona Housing Authority 22,420,764.68 20,606,708.93
Enterprise Funds
Water Utility 40,737,247.72
Water Reclamation Utility 56,866,965.82
Transit 863,535.66
Electric Utility 32,447,348.15
Airport 2,153,983.81 133,069,081.16
Internal Service Funds
Fleet Operations 1,504,446.22
Workers' Compensation 23,098,719.46
Liability Risk 2,721,240.63
Warehouse Services 1,125,677.32
Information Technology 12,323,750.10 40,773,833.73
Fiduciary Funds
AD & CFD Bond Funds 43,319,264.79
AB109 PACT -
Successor Agency 7,188,554.00 50,507,818.79
Total All Funds 524,888,010.54 $
Subject to final audit

CITY OF CORONA
Cash Balance By Fund
September 30, 2025
Docusign Envelope ID: D2C9D6BF-2236-4EEA-AB3B-E5935D0DE20B

MARKET BOOK PERCENT OF

INVESTMENTS PAR VALUE VALUE VALUE PORTFOLIO
ABS 44,990,000.00 43,361,495.07 42,899,211.65 9.05%
Agency 10,800,000.00 10,829,077.04 10,767,170.00 2.27%
CMO 47,415,000.00 46,438,448.29 45,001,932.31 9.49%
Pension Trust 724,475.58 58,127,386.28 44,459,023.73 9.38% Receivable 300,315.21 300,315.21 300,315.21 0.06%
Corporate 107,057,000.00 107,599,547.04 105,744,514.74 22.31% LAIF 35,039,871.73 35,039,871.73 35,039,871.73 7.39%
Money Market Fund FI 1,986,637.23 1,986,637.23 1,986,637.23 0.42% Municipal Bonds 4,395,000.00 4,509,797.40 4,418,161.65 0.93% Supranational 21,690,000.00 21,656,192.29 21,544,534.65 4.54% US Treasury 162,620,000.00 163,828,231.52 161,875,102.40 34.15% TOTAL PORTFOLIO $ 437,018,299.75 493,676,999.09 $ 100.00% 474,036,475.30 Subject to final audit

CITY OF CORONA
Investment Portfolio Report
September 30, 2025
Docusign Envelope ID: D2C9D6BF-2236-4EEA-AB3B-E5935D0DE20B

DATE: 11/19/2025
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
2025-424

REQUEST FOR CITY COUNCIL ACTION
SUBJECT:

CONSTRUCTION CONTRACT WITH FS CONTRACTORS, INC. FOR THE CITYWIDE

PARKS AMERICANS WITH DISABILITIES ACT (ADA) IMPROVEMENTS EXECUTIVE SUMMARY:

This staff report asks the City Council to approve the Construction Contract with FS Contractors, Inc. for the Citywide Parks Americans with Disabilities Act (ADA) Improvements – Year 4 Project, No. FC-2020-01. The project will make various facility improvements to improve accessibility at seven (7) park sites throughout the City of Corona, including sidewalk, parking lot, and restroom improvements.

RECOMMENDED ACTION:

That the City Council:
a. Adopt the Plans and Specifications for the Citywide Parks Americans with Disabilities Act (ADA) Improvements – Year 4 Project, No. FC-2020-01, Notice Inviting Bids 25-064AT.
b. Award Notice Inviting Bids 25-064AT to FS Contractors, Inc., the lowest responsive, responsible bidder, for the total bid amount of $1,797,772.50, and waive any and all minor irregularities in the bidding document as submitted by the said bidder.

c. Approve the Construction Contract with FS Contractors, Inc. for the Citywide Parks Americans with Disabilities Act Improvements – Year 4 Project, No. FC-2020-01, in the amount of $1,797,772.50.
d. Authorize the City Manager, or his designee, to execute the Contract with FS Contractors, Inc. in the amount of $1,797,772.50, including any non-substantive extensions, change orders, purchase orders, and amendments up to 10% of the contract amount, in this case $179,777.
e. Authorize the City Manager, or his designee, to issue a purchase order to FS Contractors, Inc. in the amount of $1,797,772.50.
f. Authorize an appropriation of $1,402,572 from the General Fund 110 to the Citywide ADA Improvement at Parks, Capital Improvement Project No. FC-2020-

01. BACKGROUND & HISTORY:

In 1990, the United States Congress passed the first Americans with Disabilities Act (ADA). ADA mandates reasonable accommodation for individuals with disabilities to ensure they have the same opportunities and access to programs and facilities as those without disabilities. The City of Corona is primarily responsible for compliance with Title II standards, which address Public Services. Both the federal government and the State of California have issued and amended Title II standards over the years that set building and public facility requirements for accessibility. These standards include requirements to display appropriate signage, provide accessible stalls within parking lots, and ensure accessible routes to and from surfacing under playgrounds and amenities, as well as fixture heights, specific hardware, and clearances to ensure access to public restrooms.

The City is currently in the process of making ADA improvements at 33 City parks over a five (5) year period. This project is for seven (7) parks, in the fourth year of the project, including Fairview, Mangular, Rimpau, Serfas Club, Spyglass, Stagecoach, and Village Parks.

ANALYSIS:

The Plans and Specifications for the Project were completed by Proactive Engineering and reviewed by City staff. As specified in the bid package, the City shall award the contract for the Project to the lowest responsive, responsible bidder, as determined from the lowest total for the Bid Schedule and Bid Alternative.

On August 21, 2025, Notice of Inviting Bids (NIB) 25-064AT was advertised for bids, pursuant to Corona Municipal Code and Public Contract Code 3.08.050, public projects formal bidding procedure, and Public Contract Code requirements. A total of 367 registered vendors were notified via the PlanetBids website, along with 700 PlanetBids Network vendors through BidBroadcast. On October 6, 2025, fifteen (15) bids were received through the City’s PlanetBids bidding portal.

The following is a summary of the bid results:

Contractor Location Bid Schedule
Amount
FS Contractors, Inc. Sylmar, CA $1,797,772.50
Diamond Construction San Clemente, CA $1,831,944.00
Siterep Construction Services Inc. San Dimas, CA $1,836,734.00 Addison-Miller Inc. Orange, CA $1,847,084.99
Towo Enterprise Inc. Fullerton, CA $1,888,424.15
Micon Construction, Inc. Placentia, CA $1,894,860.00
PUB Construction, Inc. Diamond Bar, CA $2,060,477.94
Leonida Builders, Inc. Acton, CA $2,073,524.75
RG General Engineering Inc. Norco, CA $2,297,275.21
Aneen Construction, Inc. Riverside, CA $2,402,257.00
RMS Construction Signal Hill, CA $2,418,237.15
Oppenheimer National San Juan Capistrano,
CA
$2,542,193.35
Aster Construction Services Los Angeles, CA $2,783,785.25 LMT Enterprises, Inc. dba Tyner Paving
Company
Alhambra, CA $2,963,244.00
Heed Engineering Irvine, CA Withdrew Bid
Staff has reviewed all bids received and recommends awarding the contract to FS Contractors, Inc. as the lowest responsive, responsible bidder, based on the Bid Schedule, for a total contract amount of $1,797,772.50. All licenses and references for FS Contractors have been reviewed and verified by City staff, and all other documentation is in order.

FINANCIAL IMPACT:

Partial funding is available in the Citywide ADA Parks Improvements at Parks, Capital Improvement Project No. FC-2020-01 in the amount of $844,645. Approval of the recommended actions will result in an appropriation in the amount of $1,402,572 from the General Fund 110 to the Citywide ADA Parks Improvements at Parks, Capital Improvement Project No. FC-2020-01. There is sufficient fund balance available for the recommended actions.

The estimated cost of the Project is outlined as follows:

Construction
………………..……………………………………………….…………………..….
$1,797,773
City Construction Support & Inspection (15%)
…………………………………………….$269,667
Construction Contingency (10%)
……………….………………………………………………$179,777
Total Project Cost
…………………..………………………………………………………………$2,247,217

ENVIRONMENTAL ANALYSIS:

This action is categorically exempt pursuant to Section 15301 of the Guidelines for the California Environmental Quality Act (CEQA), which states that the operation, repair, maintenance, permitting, leasing, licensing, or minor alteration of existing public or private structures, facilities, mechanical equipment, or topographical features, involving negligible or no expansion of use beyond that existing at the time of CEQA determination.

This action involves making accessibility improvements at seven (7) existing parks within the City of Corona. Therefore, no environmental analysis is required, and a Notice of Exemption has been filed with the County of Riverside.

PREPARED BY: TRACY MARTIN, SENIOR PROJECT MANAGER
REVIEWED BY: SAVAT KHAMPHOU, PUBLIC WORKS DIRECTOR
ATTACHMENTS:

1. Exhibit 1 – Location Map

2. Exhibit 2 – Construction Contract

MAIN
SIXTH

ONTARIO
LIN
CO
L
N
RIMPAU
UPPER
RIVER

RAILROAD

FULLERTON
S
MIT
H
TENTH

MAGNOLIA
BORDER
OLIVE
D
RINCON
THIRD
POMONA
C
ALIFO
R
NIA

SKYLINE

PARKRIDGE
CITRON
B
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NA
VISTA
COTA

FOOTHILL
JOY
TABER
MAPLE

BUTTERFIELD

SANTANA
TAYLO
R
GRAND
HAM
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R

VALENCIA

HIDDEN VALLEY

MASTERS
EIGHTH
C
O
M
P
T
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N
CRESTA
MAN
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LAR

PASEO GRANDE

GREEN RIVER

PALISADES

KELLOGG
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CITRUS

HARRISON

AVENIDA
DEL
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CIRCLE CITY
VICTO
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VIA DEL RIO

MONTOYA

SAMPSON

CORYDON

OLD TEMESCAL

VIA SANTIAGO

AUBURNDALE
VIA

PACIFICA
B
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RADIO
EL

SOBRANTE
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RM
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KIRKWOOD

RIDGELINE
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MOUNTAIN GATE
QUARRY
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PICO
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JOY
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MONTOYA

CITY OF CORONA
Public Works Department
Ü
Citywide ADA Park Improvements - Year 4
Project No. FC-2020-01

STAGECOACH
PARK

FAIRVIEW
PARK

SERFAS CLUB
PARK

MANGULAR
PARK
RIMPAU
PARK

SPYGLASS
PARK

VILLAGE
PARK
Exhibit 1 - Location Map
Legend
Year 4 Project Sites
Corona Street Centerlines
Freeways
City Boundary

CONTRACT
THIS CONTRACT is made this _____ day of ________________, 20___, in the County of Riverside, State of California, by and between the City of Corona, hereinafter called City, and FS Contractors, Inc. for the considerations stated herein agree as follows:

ARTICLE 1. SCOPE OF WORK. The Contractor shall perform all Work within the time stipulated the Contract and shall provide all labor, materials, equipment, tools, utility services, and transportation to complete all of the Work required in strict compliance with the Contract Documents as specified in Article 5 below for the following Project:

CITYWIDE ADA PARK IMPROVEMENTS – YEAR 4
Project No. FC-2020-01, NIB No. 25-064AT
The Contractor and its surety shall be liable to the City for any damages arising as a result of the Contractor’s failure to comply with this obligation.

ARTICLE 2. TIME FOR COMPLETION. A Move-in period of 15 Calendar Days shall start on the date of issuance of the Notice to Proceed. This period shall be used by the Contractor to confirm utility locations, turn in project submittals or other supporting documentation for approval and procure the necessary material and equipment to complete the Work. The Work shall commence on the last day of the Move-in period or the first Working Day the Contractor actually starts the Work, whichever occurs first. The Contractor shall complete all Work required by the Contract Documents within 175 Working Days. By its signature hereunder, Contractor agrees the time for completion set forth above is adequate and reasonable to complete the Work.

ARTICLE 3. CONTRACT PRICE. The City shall pay to the Contractor as full compensation for the performance of the Contract, subject to any additions or deductions as provided in the Contract Documents, and including all applicable taxes and costs, the sum of One Million Seven Hundred Ninety Seven Thousand Seven Hundred Seventy Two Dollars and Fifty Cents ($1,797,772.50) Payment shall be made as set forth in the General Conditions.

ARTICLE 4. LIQUIDATED DAMAGES. In accordance with Government Code section 53069.85, it is agreed that the Contractor will pay the City the sum of $1,500 for each and every calendar day of delay beyond the time prescribed in the Contract Documents for finishing the Work, as Liquidated Damages and not as a penalty or forfeiture. In the event this is not paid, the Contractor agrees the City may deduct that amount from any money due or that may become due the Contractor under the Contract. This Article does not exclude recovery of other damages specified in the Contract Documents.

ARTICLE 5. COMPONENT PARTS OF THE CONTRACT. The “Contract Documents” include the following:

Notice Inviting Bids
Instructions to Bidders
Contractor's Bid Forms
Contractor’s Certificate Regarding Workers’ Compensation Bid Bond
Designation of Subcontractors
Docusign Envelope ID: D90FFA1E-BA7D-4B69-847C-23660D5DBE9B Docusign Envelope ID: 5E7BE5DE-3A4C-4507-9021-4EAB30352492

Information Required of Bidders
Non-Collusion Declaration form
Contract
Performance Bond
Payment (Labor and Materials) Bond
General Conditions
Special Provisions (or Special Conditions)
Technical Specifications
Addenda
Plans and Contract Drawings
Approved and fully executed change orders
Any other documents contained in or incorporated into the Contract The Contactor shall complete the Work in strict accordance with all of the Contract Documents.

All of the Contract Documents are intended to be complementary. Work required by one of the Contract Documents and not by others shall be done as if required by all. This Contract shall supersede any prior agreement of the parties.

ARTICLE 6. PROVISIONS REQUIRED BY LAW. Each and every provision of law required to be included in these Contract Documents shall be deemed to be included in these Contract Documents. The Contractor shall comply with all requirements of applicable federal, state and local laws, rules and regulations, including, but not limited to, the provisions of the California Labor Code and California Public Contract Code which are applicable to this Project.

ARTICLE 7. INDEMNIFICATION. Contractor shall provide indemnification as set forth in the General Conditions.

ARTICLE 8. PREVAILING WAGES. Contractor is aware of the prevailing wage requirements of Chapter 1 (beginning at Section 1720 et seq.) of Part 7 of Division 2 of the California Labor Code, as well as Title 8, Section 16000 et seq. of the California Code of Regulations (“Prevailing Wage Laws”), which require the payment of prevailing wage rates and the performance of other requirements on “public works” and “maintenance” projects. Contractor and its subcontractors shall fully comply with the Prevailing Wage Laws for their employees and any others to whom such laws are applicable. Contractor and its subcontractors shall also be responsible for any and all violations and fines imposed on them pursuant to the Prevailing Wage Laws. Pursuant to SB 854, which amended the Prevailing Wage Laws, this Contract is subject to compliance monitoring and enforcement by the DIR. Beginning April 1, 2015, no contractor or subcontractor may be awarded this Contract unless registered with the DIR pursuant to Labor Code section 1725.5. The City will report all necessary contracts to the DIR as required by the Prevailing Wage Laws.

Contractor shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Work available to interested parties upon request, and shall post copies at the Contractor’s principal place of business and at the Project site. It is most efficient for the Contractor to obtain a copy of the prevailing wages in effect at the commencement of this Contract from the website of the Division of Labor Statistics and Research of the DIR located at www.dir.ca.gov/dlsr/. In the alternative, the Contractor may obtain a copy of the prevailing wages from the City. Contractor shall defend, indemnify and hold the City, its elected officials, officers, employees and agents free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws.

Docusign Envelope ID: D90FFA1E-BA7D-4B69-847C-23660D5DBE9B Docusign Envelope ID: 5E7BE5DE-3A4C-4507-9021-4EAB30352492

IN WITNESS WHEREOF, this Contract has been duly executed by the above-named parties, on the day and year above written.

CITY OF CORONA
By:
______________________________
Savat Khamphou
Public Works Director
Reviewed By:

______________________________
Javier Luna
CIP Manager
Reviewed By:

______________________________
Rachel McLure
CIP Supervisor
Reviewed By:

______________________________
Tracy Martin
Senior Project Manager
Reviewed By:

______________________________
Yasmin Lopez
Purchasing Manager
Attest:
______________________________
Sylvia Edwards, City Clerk
City of Corona, California
FS CONTRACTORS, INC.

By:
______________________________
Jose Angel Fierros
President
1005940
License Number
By:
______________________________
Salomon Fierros
Vice President
Docusign Envelope ID: D90FFA1E-BA7D-4B69-847C-23660D5DBE9B Docusign Envelope ID: 5E7BE5DE-3A4C-4507-9021-4EAB30352492

DATE: 11/19/2025
TO: Honorable Mayor and City Council Members
FROM: Human Resources Department
2025-422

REQUEST FOR CITY COUNCIL ACTION
SUBJECT:

CONSIDERATION OF VARIOUS ACTIONS MAKING COMPLIANCE ADJUSTMENTS

TO MOUS AND RESOLUTIONS CONCERNING COMPENSATION AND BENEFITS

FOR CITY EMPLOYEES
EXECUTIVE SUMMARY:

City Council consideration of Side Letters to Memoranda of Understanding with the Corona Public Service Employees Association, Corona Supervisors Association, Corona Firefighters Association, Corona Police Employees Association, Corona Police Supervisors Association, and the Corona Utilities Employee Association; and Amendments to Resolutions concerning the Executive, Management, and Confidential Groups.

RECOMMENDED ACTION:

That the City Council:
a. Adopt the Side Letter to the Corona Public Service Employees Association Memorandum of Understanding.
b. Adopt the Side Letter to the Corona Supervisors Association Memorandum of Understanding.

c. Adopt the Side Letter to the Corona Firefighters Association Memorandum of Understanding.
d. Adopt the Side Letter to the Corona Police Employees Association and Corona Police Supervisors Association Memoranda of Understanding. e. Adopt the Letter of Agreement with the Corona Utilities Employees Association. f. Adopt Resolution 2025-108, amending Resolution 2024-116 governing compensation and benefits of non-represented Confidential Group employees. g. Adopt Resolution 2025-107, amending Resolution 2024-115 governing compensation and benefits of non-represented Management Group employees. h. Adopt Resolution 2025-109, amending Resolution 2025-118 governing compensation and benefits of non-represented Executive Group employees.

BACKGROUND & HISTORY:

The California Meyers Milias Brown Act (MMBA) requires the City to meet and confer, in good faith, with its bargaining groups on all matters relating to employment conditions and employer-employee relations, including, but not limited to wages, hours, and other terms and conditions of employment. In December 2024, the City Council approved new three-year Memoranda of Understanding (MOU’s) with each of its employee associations, as well as updated compensation and benefits resolutions for the unrepresented Management, Confidential, and Executive employees.

The City’s bargaining groups are organized as follows:
 The Corona Public Service Employees Association (CPSEA) represents most non-supervisory, miscellaneous, non-sworn positions.
 The Corona Police Employees Association (CPEA) represents all sworn Police personnel in the classifications of Police Officer, Corporal, and Detective.  The Corona Police Supervisors Association (CPSA) represents all sworn Police personnel in the classifications of Sergeant, Lieutenants, and Captain.  The Corona Firefighters Association (CFA) represents all sworn Fire Department personnel in the classifications of Firefighter Trainee, Firefighter, Firefighter/Paramedic, Engineer, Battalion Chief, and Deputy Fire Chief. It also represents the personnel in the Fire Inspector/Fire Marshall series within the department.
 The Corona Supervisors Association (CSA) represents the City’s supervisory, non-sworn classifications.

 The Corona Utilities Employee Association (CUEA) represents certain certificated, field employees in the Utilities Department.

Non-represented employee groups include the City’s Confidential, Management, and Executive classifications, which are not represented by a bargaining unit.

ANALYSIS:

Since the approval of new multi-year agreements and resolutions last December, several developments have arisen that require updates to MOU and resolution language to ensure regulatory compliance. To make those language changes, it is proposed that the MOU’s be amended via a side letter with each represented group. The compensation and benefits resolutions with the unrepresented groups are proposed to be amended by resolution.

The changes being made in these side letters and resolutions are summarized as follows:
 Holiday pay language: The MOU’s and resolutions include language regarding how holiday pay is calculated, and the City has been reporting holiday pay as Special Compensation to CalPERS as appropriate. Recently, CalPERS staff noted that the City’s MOU language needs modification to be fully compliant with CalPERS regulations regarding Special Compensation. The proposed side letters and resolutions will incorporate the required language additions to the relevant documents to satisfy the CalPERS requirements, retroactive to 2021 or 2022, when the previous respective MOUs or resolutions were implemented. Please note that these language changes are not required in the Executive and Management MOUs, as their holiday pay is not reportable as Special Compensation.
 Post Employment Health Plan (PEHP) language: The MOU’s and resolutions also have language related to cash out of annual leave, and have included the option for employees to deposit excess annual leave to the employee PEHP accounts, which are referred to as Retiree Health Savings Accounts (RHS) in the current documents. Each MOU and resolution is proposed to be modified to update the language to “PEHP” instead of “RHS”, and to modify the choices regarding excess annual leave to be compliant with current regulations.

After discussions with Human Resources regarding compliance issues, each labor group then made its own decision regarding whether to use the PEHP as the default choice for cashing out excess annual leave, as the choice must be mandatory for all members of the group. The represented groups have each determined to use options other than the PEHP for excess annual leave; the consensus of the Executive, Management, and Confidential groups was to use

the PEHP for excess annual leave. The resolutions and side letters reflect these variations in choice by group.
 Meal Breaks: The proposed side letters with CUEA and CPSEA correct the lists of classifications that receive paid meal breaks.

All of these changes are to ensure regulatory compliance and clarity; they do not provide any new or additional benefits for any City employees.

FINANCIAL IMPACT:

There is no cost to the City as a result of these actions, as there are no changes to salaries or benefits being proposed.

ENVIRONMENTAL ANALYSIS:

This action is exempt pursuant to Section 15061(b)(3) of the Guidelines for the California Environmental Quality Act (CEQA), which states that a project is exempt from CEQA if the activity is covered by the general rule that CEQA applies only to projects that have the potential for causing a significant effect on the environment. Where it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment, the action is not subject to CEQA. This approves the side letters to the memorandums of understanding with the Corona Public Service Employees Association, Corona Police Employees Association, Corona Police Supervisors Association, and Corona Utilities Employee Association, as well as Resolutions for the Management, Confidential, and Executive Groups, and there is no possibility that the approval of these items will have a significant effect on the environment. Therefore, no environmental analysis is required.

PREPARED BY: LORI SASSOON, CHIEF TALENT OFFICER
REVIEWED BY: JUSTIN TUCKER, ASSISTANT CITY MANAGER
ATTACHMENTS:

1. Exhibit 1 - Side Letter to the Corona Public Service Employees Association Memorandum of Understanding

2. Exhibit 2 - Side Letter to the Corona Supervisors Association Memorandum of Understanding

3. Exhibit 3 - Side Letter to the Corona Firefighters Association Memorandum of Understanding

4. Exhibit 4 - Side Letter to the Corona Police Employees Association and Corona Police Supervisors Association Memoranda of Understanding

5. Exhibit 5 - Letter of Agreement with the Corona Utilities Employees Association

6. Exhibit 6 - Resolution 2025-108, amending Resolution 2024-116 governing compensation and benefits of non-represented Confidential Group employees

7. Exhibit 7 - Resolution 2025-107, amending Resolution 2024-115 governing compensation and benefits of non-represented Management Group employees

8. Exhibit 8 - Resolution 2025-109, amending Resolution 2025-118 governing compensation and benefits of non-represented Executive Group employees

SIDE LETTER OF AGREEMENT

BETWEEN

CITY OF CORONA
AND

CORONA PUBLIC SERVICE EMPLOYEES ASSOCIATION
This Side Letter of Agreement (“Agreement”) between the City of Corona (“City”) and the Corona Public Service Employees Association (“CPSEA”) is entered into with respect to the following:

WHEREAS, the Parties are parties to Memoranda of Understanding (MOU) with terms of November 16, 2021 to December 31, 2024, and January 1, 2025 to December 31, 2027; and WHEREAS, the City has been advised by the California Public Employees’ Retirement System (CalPERS), that the rate at which it reports pensionable holiday pay to CalPERS (i.e.,

1.5 times the FLSA Regular Rate of Pay) is not sufficiently descriptive in the MOU; and WHEREAS, CalPERS has advised the City that to be able to report the holiday pay at

1.5 times the FLSA regular rate of pay, the MOU needs to be amended to more sufficiently describe the rate at which holiday pay will be reported to CalPERS; and WHEREAS, the Parties wish to make a change to the relevant language in the MOU for CPSEA to be able to report holiday pay to CalPERS at 1.5 times the FLSA Regular Rate of Pay; and
WHEREAS, the Parties also wish to update MOU language regarding annual leave cash out to ensure compliance with regulations regarding Post Employment Health Plan administration, and update language regarding Meal Periods; WHEREAS, the changes set forth in Part 1 below will go into effect retroactively to the beginning of the MOU - November 16, 2021, and the changes to Part 2 and 3 below will go into effect on November 20, 2025;

WHEREAS, the following sets forth the Parties’ Agreement:

Part 1. The parties agree to the changes set forth below in track changes in Section 22.1 of the CPSEA MOU:

Section 22.1 – How Holidays are Observed and Paid
Employees in the unit work either “with regard to holidays” or “without regard to holidays”.

Employees who work “with regard to holidays” have holidays off and employees who work “without regard to holidays” work in positions where the employee is required to work on a holiday.

Employees who work with regard to holidays: (Employees in all classification, except those listed below)
All holidays in the above list will be observed on the actual day of the holiday except for

holidays that occur on a Sunday. For holidays that occur on a Sunday the observed day shall be the following Monday.

If the observed holiday falls on an employee’s regular workday, and the employee does not work on that day, they shall be paid for their regularly scheduled hours, up to ten hours. For employees who work schedules in excess of ten (10) hours per day, they can use annual leave or accrued compensatory time to be paid for the hours above ten (10) hours on a holiday. Employees without such leave will only be paid for ten hours for the holiday.

If the employee is required to work on a holiday due to an emergency or other unintended event, the employee shall be paid time and one-half at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 5 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for all hours worked, plus accrue 10 hours of Annual Leave.

For holidays that fall on the employee’s regular day off, employees shall accrue Annual Leave hours equal to the number of hours of their regular shift, up to a maximum of ten (10) hours per day. These Annual Leave hours may be used by the employee (including employees on their initial probationary period) as Annual Leave.

Employees who work without regard to holidays: (Employees in the following classifications): Public Safety Dispatchers, Senior Public Safety Dispatcher, Forensic Technicians, Jailer, Police Records Technicians, Water Operators, Water Reclamation Operators, Lead Water Reclamation Operator, Lead Water Operator, Senior Reclamation Operator, Senior Utility Service Worker, Senior Water Operator, Utility Service Worker and Community Service Officers.

For employees who work “without regard to holidays”, a holiday will be observed on the actual dates above. Since those employees typically work on a holiday, the employee shall be paid time and one-half at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 5 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for all hours worked on the holiday, plus receive pay for 10 hours in lieu of holiday leave. If the holiday falls on the employee’s regular day off, the employee shall accrue 10 hours of Annual Leave.

If the holiday falls on the employee’s regular work day but employee does not work on that day, then the employee will paid for their regular shift, up to 10 hours. If the employee’s regular shift is longer than 10 hours the employee may supplement Annual Leave or CTO to receive a full paycheck for that day.

Rules Applicable to All Employees Whether They Work With or Without Regard to Holidays
Employees that work on the day of an observed holiday shall be paid at time and onehalf at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 5 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for all time worked on the holiday, plus holiday pay equal to the number of hours of their regular shift on that day, with a maximum of ten (10) hours.

An employee is deemed to “work” on the day their shift starts. For example, if the holiday falls on Thursday, an employee working a shift that begins Wednesday night and ends on Thursday morning is not considered to work on the holiday; however, an employee whose shift begins Thursday night and ends Friday morning is considered to work on the holiday.

In compliance with the California Public Employees’ Retirement System regulations and definition of Special Compensation the additional compensation paid to employees who are normally required to work on holidays because they work positions that require scheduled staffing without regard to holidays shall be reported to CalPERS as compensation earnable or pensionable compensation per Title 2 CCR, Section 571(a)(5) and 571.1(b)(4) as a “Holiday Pay”. However, it is ultimately CalPERS who determines whether any form of pay is reportable special compensation.

Part 2. The parties agree to the changes set forth below in track changes in Section 22.1 of the CPSEA MOU:

Section 21.4 – Cash Out or Conversion of the Value of Annual Leave There are three situations described below when an employee may have their Annual Leave converted to deferred compensation or paid as taxable wages by the City. All Annual Leave cashed out or converted to deferred compensation in this section will be valued at employees’ base hourly rate of pay for employees in Tiers II and base hourly rate of pay plus the 3% Longevity Pay for employees in Tier I.

21.4.1 – Maximum Accrual of Annual Leave – Conversion above 584 Hours

At the end of the last day of the last pay period that ends in each calendar year, if an employee has accrued more than 584 hours of Annual Leave, the Annual Leave hours in excess of 584 hours will be converted to the monetary equivalent as described in Section 21.4, and the dollar value will be placed in the employee’s deferred compensation account (set up per IRS code section 457) or Roth IRA up to the maximum permitted by law. Any amounts over the IRS annual limit will be paid out as taxable wages.

For employees who have informed the City that they will be retiring at the end of the calendar year, they will have the option to allow the hours above 584 to be subject to section 21.4.2.

Part 3. The parties agree to the changes set forth below in track changes in Section 19.2 of the CPSEA MOU:

Section 19.2 - Meal Periods
Employees are required to take a meal period of thirty (30) minutes or (60) minutes, each shift. The determination of which classifications have (30) minutes, and which have (60) minutes shall be
established through the meet and confer process.

Those employees who were receiving a paid meal period at the time of the approval of this MOU (Jailers, Public Safety Dispatchers (I/II Flex), Public safety Dispatch Call Takers, and Senior Public Safety Dispatchers), will continue to do so. For all other employees, meal periods are unpaid. An employee with an unpaid meal period who is required by their supervisor to work through their meal period shall be paid for such work.

FOR THE CITY OF CORONA
_________________________ __________________________
Jacob Ellis Date
City Manager
_________________________ __________________________
Lori Sassoon Date
Chief Talent Officer

FOR THE CORONA PUBLIC SERVICE EMPLOYEES ASSOCIATION
_________________________ __________________________
Lynsey Walker Date
President, CPSEA

SIDE LETTER OF AGREEMENT

BETWEEN

CITY OF CORONA
AND

CORONA SUPERVISORS ASSOCIATION
This Side Letter of Agreement (“Agreement”) between the City of Corona (“City”) and the Corona Supervisors Association, (“CSA”) is entered into with respect to the following:

WHEREAS, the Parties are parties to Memoranda of Understanding (MOU) with terms of November 16, 2021 to December 31, 2024, and January 1, 2025 to December 31, 2027; and WHEREAS, the City has been advised by the California Public Employees’ Retirement System (CalPERS), that the rate at which it reports pensionable holiday pay to CalPERS (i.e.,

1.5 times the FLSA Regular Rate of Pay) is not sufficiently descriptive in the MOU; and WHEREAS, CalPERS has advised the City that to be able to report the holiday pay at

1.5 times the FLSA regular rate of pay, the MOU needs to be amended to more sufficiently describe the rate at which holiday pay will be reported to CalPERS; and WHEREAS, the Parties wish to make a change to the relevant language in the MOU for CSA to be able to report holiday pay to CalPERS at 1.5 times the FLSA Regular Rate of Pay; and
WHEREAS, the Parties wish to update MOU language regarding annual leave cash out to ensure compliance with regulations regarding Post Employee Health Plan administration; WHEREAS, the changes set forth in Part 1 below will go into effect retroactively to the beginning of the MOU - November 16, 2021, and the changes in Part 2 below will go into effect on November 20, 2025; and

WHEREAS, the following sets forth the Parties’ Agreement:

Part 1. The parties agree to the changes set forth below in track changes in Section 20.2 of the CSA MOU:

Section 20.2 – How Holidays are Observed and Paid
Employees in the unit work either “with regard to holidays” or “without regard to holidays”.

Employees who work “with regard to holidays” have holidays off and employees who work “without regard to holidays” work in positions where the employee is required to work on a holiday.

Employees who work with regard to holidays: (Employees in all classifications, except those listed below):

All holidays in the above list will be observed on the actual day of the holiday except for holidays that occur on a Sunday. For holidays that occur on a Sunday the observed day

shall be the following Monday. If July 4th falls on a Sunday and an employee wishes to treat July 4th as the holiday (as opposed to the following Monday July 5th), the rules will apply to July 4th and the employee would need to use Annual Leave to cover July 5th.

If the observed holiday falls on an employee’s regular workday, and the employee does not work on that day, they shall be paid for their regularly scheduled hours, up to ten hours. For employees who work schedules in excess of ten (10) hours per day, they can use annual leave to be paid for the hours above ten (10) hours on a holiday. Employees without such leave will only be paid for ten hours for the holiday.

If the employee is required to work on a holiday due to an emergency, other unintended event, or is assigned by the employee’s supervisor or manager (whether it is their regularly scheduled workday or day off) the employee shall be paid time and one-half at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 3 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for all hours worked, plus accrue 10 hours of Annual Leave.

For holidays that fall on the employee’s regular day off, employees shall accrue Annual Leave hours equal to the number of hours of their regular shift, up to a maximum of ten (10) hours per day. These Annual Leave hours may be used by the employee (including employees on their initial probationary period) as Annual Leave.

Employees who work without regard to holidays: (Employees who work as Public Safety Dispatch Supervisors):

For employees who work “without regard to holidays”, a holiday will be observed on the actual dates above. Since those employees typically work on a holiday, the employee shall be paid time and one-half at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 3 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for all hours worked on the holiday, plus receive pay for 10 hours in lieu of holiday leave.

If the holiday falls on the employee’s regular day off, the employee shall accrue 10 hours of Annual Leave.

If the holiday falls on the employee’s regular workday but employee does not work on that day, then the employee will paid for their regular shift, up to 10 hours. If the employee’s regular shift is longer than 10 hours the employee may supplement Annual Leave to receive a full paycheck for that day.

Rule Applicable to All Employees Whether They Work With or Without Regard to Holidays An employee is deemed to “work” on the day their shift starts. For example, if the holiday falls on Thursday, an employee working a shift that begins Wednesday night and ends on Thursday morning is not considered to work on the holiday; however, an employee whose shift begins Thursday night and ends Friday morning is considered to work on the holiday.

In compliance with the California Public Employees’ Retirement System regulations and definition of Special Compensation the additional compensation paid to employees who are normally required to work on holidays because they work positions that require

scheduled staffing without regard to holidays shall be reported to CalPERS as compensation earnable or pensionable compensation per Title 2 CCR, Section 571(a)(5) and 571.1(b)(4) as a “Holiday Pay”. However, it is ultimately CalPERS who determines whether any form of pay is reportable special compensation.

Part 2. The parties agree to the changes set forth below in track changes in Section 19.4 of the CSA MOU:

Section 19.4 – Cash Out or Conversion of the Value of Annual Leave There are three situations described below when an employee may have their Annual Leave cashed out or converted to deferred compensation, including Roth IRA, or paid as taxable wages by the City. All Annual Leave cashed out or converted to deferred compensation in this section will be valued at employees’ base hourly rate of pay for employees in Tier II, and base hourly rate of pay plus the 3% Longevity Pay for employees in Tier I.

19.4.1 – Maximum Accrual of Annual Leave – Conversion above 600 Hours On the last day of the last pay period that ends in each calendar year, if an employee has accrued more than 600 hours of Annual Leave, the Annual Leave hours in excess of 600 hours will be converted to the monetary equivalent as described in Section 19.4 and the dollar value placed in the employee’s deferred compensation account (set up per IRS code section 457) or Roth IRA up to the maximum permitted by law. Any amounts over the IRS annual limit will be paid out as taxable wages.

For employees who have informed the City that they will be retiring at the end of the calendar year, they will have the option to allow the hours above 600 to be subject to section 19.4.2.

FOR THE CITY OF CORONA
_________________________ __________________________
Jacob Ellis Date
City Manager
_________________________ __________________________
Lori Sassoon Date
Chief Talent Officer

FOR THE CORONA SUPERVISORS ASSOCIATION
_________________________ __________________________
Jeff Nelson Date
President, CSA

SIDE LETTER OF AGREEMENT

BETWEEN

CITY OF CORONA
AND
CORONA FIREFIGHTERS ASSOCIATION, IAFF LOCAL # 3757
This Side Letter of Agreement (“Agreement”) between the City of Corona (“City”) and the Corona Firefighters Association, IAFF, Local 3757 (“CFA”) is entered into with respect to the following:

WHEREAS, the Parties are parties to Memoranda of Understanding (MOU) with terms of January 1, 2022 to December 31, 2024, and January 1, 2025 to December 31, 2027; and WHEREAS, the City has been advised by the California Public Employees’ Retirement System (CalPERS), that the rate at which it reports pensionable holiday pay to CalPERS (i.e.,

1.5 times the FLSA Regular Rate of Pay) is not sufficiently descriptive in the MOU; and WHEREAS, CalPERS has advised the City that to be able to report the holiday pay at

1.5 times the FLSA regular rate of pay, the MOU needs to be amended to more sufficiently describe the rate at which holiday pay will be reported to CalPERS; and WHEREAS, the Parties wish to make a change to the relevant language in the MOU for CFA to be able to report holiday pay to CalPERS at 1.5 times the FLSA Regular Rate of Pay; and
WHEREAS, the Parties wish to update MOU language regarding annual leave cash out to ensure compliance with regulations regarding Post Employment Health Plan administration; WHEREAS, the changes set forth below in Part 1 will go into effect retroactively to the beginning of the previous MOU – January 1, 2022; the changes set forth in Part 2 below will go into effect on November 20, 2025; and

WHEREAS, the following sets forth the Parties’ Agreement:

Part 1. The parties agree to the changes set forth below in track changes in Article 22 of the CFA MOU:

ARTICLE 22 – HOLIDAYS
The following days will be recognized by the City as Holidays for members of the Unit:

1. January 1st – New Year’s Day

2. The third Monday in January – Martin Luther King, Jr. Day

3. The third Monday in February – President’s Day

4. The last Monday in May – Memorial Day

5. June 19th - Juneteenth

6. July 4th – Independence Day

7. The first Monday in September – Labor Day

8. November 11th – Veteran’s Day

9. The fourth Thursday in November – Thanksgiving Day

10. The Friday immediately after Thanksgiving Day

11. December 24th – Christmas Eve

12. December 25th – Christmas Day

13. December 31st – New Year’s Eve

14. Every day appointed by the President, Governor, or Mayor, with the consent of the City Council, except for every day on which an election is held throughout the state.

Employees assigned to a suppression schedule (i.e., an average of 56 hours per week) and Battalion Chiefs (assigned to suppression) shall be paid twelve (12) hours for each holiday at the member’s base hourly rate plus the following applicable additional pays: (Longevity, Bilingual, Haz-Mat, Annual Secondary Medic, Paramedic Coordinator CQI, and the 40-hour assignment pay) paid on the pay day following the holiday.

With the exception of the Deputy Fire Chief, employees assigned to a 40-hour schedule shall be compensated for holidays as follows:

1. For those employees whose regular work shift falls on the holiday (e.g., for President’s Day for employees who work on Mondays), who observe the holiday by not working, shall be paid their regular work hours.

2. If these employees work on the holiday, they shall receive time and one-half at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 4 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for all time worked on the holiday. This is in addition to holiday pay for the number of hours of their regular shift on that day.

3. If these employees work on a holiday that is not a regularly scheduled workday (e.g., the Friday after Thanksgiving for employees not scheduled to work on Fridays) they shall receive time and one half (1.5) at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 4 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for the hours worked on the holiday as well as ten (10) hours of Annual Leave which shall accrue to their Annual Leave bank. If they work a suppression shift (24-hour shift) on the holiday, they will be paid at time and one-half at the FLSA regular rate of pay (the suppression rate) for the shift, and will receive ten (10 hours) of Annual Leave.

The Deputy Fire Chief shall observe the holiday (if it occurs on their regular workday) and shall

be paid their regular work hours. If the Deputy Chief works the holiday, they will be paid their regular work hours, and accrue ten (10) hours of Annual Leave. If the holiday occurs on a day that is not a regularly scheduled workday, they shall accrue ten (10 hours of Annual Leave.

Part 2. The parties agree to the changes set for below in track changes in Article 21.4 (Cash Out or the Conversion of the Value of Annual Leave) of the CFA MOU:

Section 21.4 – Cash Out or the Conversion of the Value of Annual Leave There are three situations described below when an employee may have their Annual Leave cashed out or converted to deferred compensation by the City. All Annual Leave cashed out or converted to deferred compensation in this section will be valued at each employee’s base hourly rate of pay plus the percentage of each employee’s Longevity Pay as provided in section

4.5 of this MOU.

21.4.1 - Maximum Accrual of Annual Leave – Conversion Above 1125 or 804 Hours On the last day of the last pay period that ends in each calendar year, if an employee has accrued more than 1,125 hours (for employees assigned to a 56-hour assignment) or 804 hours (for employees assigned to a 40 hour assignment) of Annual Leave, the Annual Leave hours in excess of these amounts will be converted to the monetary equivalent as described in Section 21.4 and placed in the City’s 457(b) deferred compensation plan(s) on the employee’s behalf. Any amounts over the IRS annual limit will be paid out as taxable wages.

For employees who have informed the City that they will be retiring at the end of the calendar year, they will have the option to allow the hours described above (either 1125 or 804) to be converted to the City’s 457(b) deferred compensation plan(s), or have the hours above (either 1125 or 804) subject to section 21.4.2.

FOR THE CITY OF CORONA
_________________________ __________________________
Jacob Ellis Date
City Manager
_________________________ __________________________
Lori Sassoon Date
Chief Talent Officer

FOR THE CORONA FIREFIGHTERS ASSOCIATION
_________________________ __________________________
Matthew Fortine Date
President, CFA

SIDE LETTER OF AGREEMENT

BETWEEN

CITY OF CORONA
AND
CORONA POLICE OFFICERS’ ASSOCIATION
This Side Letter of Agreement (“Agreement”) between the City of Corona (“City”) and the Corona Police Officers’ Association (“CPOA”) (which includes both the Corona Police Employees Association and the Corona Police Supervisors Association) is entered into with respect to the following:

WHEREAS, the Parties are parties to Memoranda of Understanding (MOUs) (one for each bargaining unit – the Corona Police Employees Association (CPEA) and the Corona Police Supervisors Association (CPSA), with a term of January 1, 2022 to December 31, 2024, and January 1, 2025 to December 31, 2027; and
WHEREAS, the City has been advised by the California Public Employees’ Retirement System (CalPERS), that the rate at which it reports pensionable holiday pay to CalPERS (i.e.,

1.5 times the FLSA Regular Rate of Pay) is not sufficiently descriptive in the MOUs; and WHEREAS, CalPERS has advised the City that to be able to report the holiday pay at

1.5 times the FLSA regular rate of pay, the MOUs need to be amended to more sufficiently describe the rate at which holiday pay will be reported to CalPERS; and WHEREAS, the Parties wish to make a change to the relevant language in the MOUs for CPEA and CPSA to be able to report holiday pay to CalPERS at 1.5 times the FLSA Regular Rate of Pay; and
WHEREAS, the Parties wish to update MOU language regarding annual leave cash out to ensure compliance with regulations regarding Post Employee Health Plan administration; and WHEREAS, the changes set forth in Part 1 below will go into effect retroactively to the beginning of both MOUs - January 1, 2022; and the changes set forth in Part 2 will go into effect on November 20, 2025;

WHEREAS, the following sets forth the Parties’ Agreement:

Part 1. The parties agree to the changes set forth below in track changes in Section 20.2 of the CPEA and CPSA MOU:

CPEA MOU
Section 20.2 – Payment and/or Accrual of Annual Leave for Certain Holidays If the employee works on the holiday, they shall receive their regular wages for the day (including any overtime if applicable) and accrue Annual Leave for the number of hours of their regular work shift up to a maximum of ten (10) hours. If an employee does not work on the holiday, they shall accrue Annual Leave for the number of hours of their regular work shift up to a maximum

of ten (10) hours.

1. Third Monday in January, Martin Luther King Day

2. Third Monday in February, President's Day

3. Last Monday in May, Memorial Day

4. Juneteenth – June 19

5. First Monday in September, Labor Day

6. November 11th, Veterans Day

7. Friday immediately after Thanksgiving Day

8. Every day appointed by the President, Governor or Mayor as a holiday, with the consent of the
City Council, except for every day on which an election is held throughout the State.

A. If an employee is not regularly scheduled to work on one of the above holidays, but is called in, agrees to work for another employee, is held over or otherwise ordered to work a shift that begins on one of the these holidays, the employee shall be paid time and one-half time at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 3 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for the hours worked on that entire shift.

For the six holidays listed below, employees shall receive pay for work shifts that begin on a holiday or for work shifts that begin before a holiday (holidays begin at 12:00 a.m. on the day of a holiday) but continue into the holiday, as described below the list of holidays. For all six (6) of these holidays, regardless of whether an employee works any part of the holiday, they shall also accrue Annual Leave for the number of hours of their regular work shift up to a maximum of ten (10) hours.

1. January 1st, New Year’s Day

2. July 4th, Independence Day

3. Fourth Thursday in November, Thanksgiving Day

4. December 24th, Christmas Eve

5. December 25th, Christmas Day

6. December 31st, New Year’s Eve
A. If an employee’s regularly scheduled work shift begins on one of these holidays, the employee shall be paid for the holiday at the rate of time and one-half (1.5) at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 3 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for the hours worked on that entire shift.

B. If an employee’s regularly scheduled work shift begins before one of these holidays, but that same shift continues into the holiday, the employee shall be paid for the holiday at the rate of time and one-half (1.5) at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 3 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) only for the hours worked on that holiday. The hours worked before the holiday begins (at 12:00 a.m.) shall be paid as regular work hours.

C. If an employee is not regularly scheduled to work on the holiday, but is called in, agrees to work for another employee, is held over or otherwise ordered to work a

shift that begins on one of the these holidays, the employee shall be paid double time at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 3 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for the hours worked on that entire shift.

D. If an employee is not regularly scheduled to work on the holiday, but is called in, agrees to work for another employee, is held over or otherwise ordered to work a shift that begins before one of these holidays, but that same shift continues into the holiday, the employee shall be paid double time at the FLSA regular rate of pay (which includes those forms of additional compensation included in Article 3 of this MOU to which the City is required to include in calculating the FLSA regular rate of pay) for the hours worked on that entire shift only for the hours worked on that holiday. The hours worked before the holiday begins (at 12:00 a.m.) shall be paid as regular work hours (including any overtime if applicable).

E. Employees on Labor Code § 4850 leave shall be credited with 10 hours of Annual Leave for all holidays that occur while the employee is out on leave.

CPSA MOU
Section 20.2 – Payment and/or Accrual of Annual Leave for Certain Holidays for Police Sergeants and Police Lieutenants
On the holidays listed above, employees will either work (because it is their regularly scheduled workday or because they are working an additional shift) or be off work (because the holiday will fall on their day off or they are using leave for the day). Employees who are scheduled to work on a City holiday may request the day off and such request is subject to supervisor approval. If approved, the employee will receive holiday pay for the shift and may use annual leave or compensatory time to cover any hours scheduled above ten (10) for the shift.

Except for the six holidays listed below, if the employee works on the holiday, and it is their regularly scheduled day to work they shall receive their regular wages for the day (including any overtime if applicable) and accrue Annual Leave for the number of hours of their regular work shift up to a maximum of ten (10) hours.

Except for the six holidays listed below, if an employee is not regularly scheduled to work on one of the holidays listed above, but is called in, agrees to work for another employee, is held over or otherwise ordered to work a shift that begins on one of the these holidays, the employee shall be paid time and one-half time for the hours worked on that entire shift.

If the employee is required to work on the holiday and it is their regularly scheduled day off, they shall be compensated with time and one half for actual hours worked and accrue Annual Leave up to a maximum of ten (10) hours.

If an employee does not work on the holiday, and it is their regularly scheduled day off they shall accrue Annual Leave for the number of hours of their regular work shift up to a maximum of ten (10) hours.

For the six holidays listed below, employees shall receive pay for work shifts that begin on a holiday or for work shifts that begin before a holiday (holidays begin at 12:00 a.m. on the day of