Corona City Council
January 7, 2026

Wednesday, January 7, 2026
Closed Session Council Board Room 5:00 PM
Open Session Council Chambers 6:00 PM
**Revised agenda on Tuesday, January 6, 2026 at 9:41 a.m.

Item 6.9 - Exhibit 2 was added and Item 9.1 - Presentation was added** This meeting will be conducted in person. You can participate remotely via zoom or by telephone:

Public Zoom Link
(833)548-0282
Webinar ID: 832 8423 7047

1. CONVENE CLOSED SESSION

1.1 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

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 - SPECIAL MEETING DECEMBER 3, 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

Special Meeting of December 3, 2025

6.2 MINUTES - CITY COUNCIL MEETING DECEMBER 3, 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 December 3, 2025

6.3 CITY COUNCIL ADOPTION OF ORDINANCE NO. 3423, SECOND READING OF AN ORDINANCE

OF THE CITY OF CORONA, CALIFORNIA
Revisions to Corona Municipal Code Sections 12.24.030, 12.24.040, and 12.24.060 regarding prohibited conduct in Parks and Recreation areas

6.4 CITY COUNCIL ADOPTION OF ORDINANCE NO. 3424, SECOND READING OF AN ORDINANCE

OF THE CITY OF CORONA, CALIFORNIA
Amending Title 9 (Public Peace, Morals And Welfare) of the Corona Municipal Code to add new Section 9.23 Downtown Entertainment Zone, establishing a SB 969 Entertainment Zone designation to The Hub. commercial center

6.5 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 OCTOBER 2025
That the City Council receive and file the monthly fiscal report for October 2025.

6.6 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 OCTOBER 2025
That the City Council receive and file the monthly investment portfolio report for October 2025.

6.7 CONSTRUCTION CONTRACT WITH COPP CONTRACTING, INC. FOR THE SIDEWALK GAP

CLOSURE AT EAST CHASE DRIVE AND SMITH AVENUE
That the City Council:

Adopt Plans and Specifications for the Sidewalk Gap Closure at Chase Drive and Smith Avenue, Capital Improvement Project No. ST-2022-14, Notice Inviting Bids NIB 26-014AT. a.

Award Notice Inviting Bids 26-014AT to Copp Contracting, Inc., the lowest responsive, responsible bidder, for the total bid amount of $570,464, and waive any and all minor irregularities in the bidding document as submitted by said bidder. b.

Approve the construction contract with Copp Contracting, Inc. for the Sidewalk Gap Closure at Chase Drive and Smith Avenue, Capital Improvement Project No. ST-2022-14, in the amount of $570,464.
c.

Authorize the City Manager, or his designee, to execute the construction contract with Copp Contracting, Inc., in the amount of $570,464, including any non-substantive extensions, change orders, purchase orders, and amendments up to 10%, which is equivalent to $57,046 as authorized by Corona Municipal Code 3.08.050 (H).
d.

Authorize the City Manager, or his designee, to issue a purchase order to Copp Contracting, Inc., in the amount of $570,464.
e.

Authorize a budgetary transfer in the amount of $377,015 from the Citywide ADA and Sidewalk Improvements, Capital Improvement Project No. ST-2025-05 to the Sidewalk Gap Closure at Chase Drive and Smith Avenue, Capital Improvement Project No. ST-2022-14 within the Measure X Fund 120 to cover the increase in construction cost due to inflation and the addition of streetlights to the Project.
f.

6.8 AUTHORIZE PURCHASE OF 1 PIERCE FIRE ENGINE (PUMPER) FROM SOUTH COAST FIRE

EQUIPMENT VIA SOURCEWELL CO-OP
Authorize the purchase of one (1) new vehicle from South Coast Fire Equipment for the Fire Department in the amount of $1,453,033.
a.

Authorize the City Manager, or his designee, to issue a purchase order to South Coast Fire Equipment in the amount of $1,453,033, including any non-substantive 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 $145,303. b.

Authorize an appropriation in the amount of $1,598,337 from the Fleet Replacement Fund 684 to the Vehicle Procurement-Fire Operating and Maintenance Project No. 68342. c.

6.9 ADOPTION OF THE 2026 LEGISLATIVE PLATFORM AND FINANCIAL PRIORITIES That the City Council adopt the 2026 Legislative Platform and Financial Priorities, as previously presented at the December 3, 2025, City Council meeting.

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.

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 PRESENTATION ABOUT THE CITY’S UPDATED CALPERS UNFUNDED LIABILITIES AND APPROVAL OF THE FISCAL YEAR 2026 PENSION STABILIZATION TRUST CONTRIBUTION That the City Council:

Acting as the Pension Stabilization Trust Board, receive the presentation about the updated pension liabilities and Pension Stabilization Trust.
a.

Approve a Fiscal Year 2026 Pension Stabilization Trust contribution of $2,300,000 ($2.0 million from the Measure X Fund 120 and $0.3 million from the General Fund 110). b.

9.2 FIRST AMENDMENT TO THE PROFESSONAL SERVICES AGREEMENT WITH SVA ARCHITECTS

AND BUDGET APPROPRIATION FOR THE NORTH MALL ARCHITECTURAL SERVICES That the City Council:

Pursue the Surplus Land Act exemption for a mixed use project of at least 300 housing units with 25% of units affordable.
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. d.

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

9.3 NONCONFORMING USES IN DOWNTOWN CORONA
That the City Council provide direction to staff on next steps and community engagement related to nonconforming uses in the Downtown Specific Plan boundaries.

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

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

11.2 Planning & Housing Commission

11.3 Parks & Recreation Commission

11.4 Regional Meetings

11.4.a UPDATE FROM COUNCIL MEMBER TONY DADDARIO ON THE WESTERN RIVERSIDE COUNTY REGIONAL CONSERVATION AUTHORITY (RCA) MEETING OF JANUARY 5, 2026

11.4.b UPDATE FROM COUNCIL MEMBER TOM RICHINS ON THE RIVERSIDE COUNTY HABITAT CONSERVATION AGENCY (RCHCA) MEETING OF DECEMBER 11, 2025

11.4.c UPDATE FROM COUNCIL MEMBER JIM STEINER ON THE RIVERSIDE TRANSIT AGENCY (RTA) BOARD MEETING OF DECEMBER 18, 2025

11.4.d UPDATE FROM VICE MAYOR WES SPEAKE ON THE SOUTHERN CALIFORNIA

ASSOCIATION OF GOVERNMENTS (SCAG) JOINT POLICY MEETING OF DECEMBER 4, 2025

11.4.e UPDATE FROM VICE MAYOR WES SPEAKE ON THE RIVERSIDE COUNTY TRANSPORTATION COMMISSION (RCTC) MEETING OF DECEMBER 10, 2025

12. CITY ATTORNEY'S REPORTS AND COMMENTS

13. CITY MANAGER'S REPORTS AND COMMENTS

14. CITY COUNCIL MEMBERS' REPORTS AND COMMENTS

14.1 CITY COUNCIL APPOINTMENT OF SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS (SCAG) GENERAL ASSEMBLY DELEGATE AND ALTERNATE FOR THE MEETING OF MAY 7 - 8, 2026

14.2 APPOINTMENTS TO REGIONAL BOARDS AND COMMISSIONS

14.3 RESOLUTION APPROVING THE CITY COUNCIL MEETING SCHEDULE FOR CALENDAR YEAR 2026
That the City Council adopt Resolution No. 2026-001, approving the City Council meeting schedule for calendar year 2026.

14.4 REAPPOINTMENT TO THE NORTHWEST MOSQUITO AND VECTOR CONTROL BOARD OF

TRUSTEES
That the City Council approve the appointment of Nancy Jimenez Hernandez to the Northwest Mosquito and Vector Control Board of Trustees.

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 CITY PARK FINAL DESIGN (STAFF) JANUARY 21, 2026

15.2 EXPLORE CORDON PRICING OF THE FOOTHILL CORRIDOR TO DETER CUT THROUGH TRAFFIC (W. SPEAKE) JANUARY 21, 2026

15.3 UPDATE OF CHAPTER 5.34 PEDDLERS AND SOLICITORS (W. SPEAKE) FEB/MARCH

15.4 PROVIDING THE USE OF CITY FACILITIES TO OTHER GOVERNMENT AGENCIES FREE OF CHARGE (W. SPEAKE) FEB/MARCH

15.5 EXPLORE THE LEGALITIES OF REQUIRING CUP’S FOR OUTPATIENT DRUG ADDICTION TREATMENT CLINICS (W. SPEAKE) FEB/MARCH

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

15.7 CMC AMENDMENT PROHIBITING THE COMMERCIAL SALE OF KRATOM (STAFF) TBD

16. ADJOURNMENT
The next regular meeting of the City Council is scheduled for January 21, 2026 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, December 3, 2025, 6:00 p.m.

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

1. CONVENE CLOSED SESSION
Closed Session convened at 4:43 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 5:23 p.m.

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

1.2 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

1.3 CONFERENCE WITH REAL PROPERTY NEGOTIATORS
PURSUANT TO GOVERNMENT CODE SECTION 54956.8
AGENCY NEGOTIATOR: JACOB ELLIS, CITY MANAGER
PROPERTY: APN 117-172-001, 514 W. 6TH STREET
NEGOTIATING PARTIES: CIRCLE CITY INVESTMENT GROUP
UNDER NEGOTIATION: PRICE & TERMS OF PAYMENT

2. INVOCATION - Pastor Shannon Scott
The Invocation was led by Elijah Coombes.

3. PLEDGE OF ALLEGIANCE
The Pledge of Allegiance was led by Vice Mayor Speake.

4. CONVENE OPEN SESSION
Mayor Casillas called the meeting to order at 6:04 p.m.

5. PROCLAMATIONS/RECOGNITIONS/PRESENTATIONS

5.1 PRESENTATION: VOLUNTEER UPDATE

DRAFT
2 Madelyne Black, Program Coordinator, provided a report.

6. CONSENT CALENDAR
The Consent Calendar was approved with the exception of Items 6.2, 6.3, and 6.4, which were voted on separately.

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

6.1 MINUTES - CITY COUNCIL MEETING NOVEMBER 19, 2025
THE MEETING MINUTES WERE APPROVED.

6.2 CITY COUNCIL ADOPTION OF ORDINANCE NO. 3422, SECOND READING

OF AN ORDINANCE OF THE CITY OF CORONA, CALIFORNIA
The following residents addressed the Council in support of the proposed item:

Don Fuller, Maddy Paxton, Clarissa Cervantes, Eugene Fize'k, Lydia Heusner, Maribel Nunez, and Virginia Coriddi.

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

6.3 FIRST AMENDED AND RESTATED PROFESSIONAL SERVICES

AGREEMENT WITH CITY NET AND FIRST AMENDED AND RESTATED CITY OF NORCO MOU.

Council Member Daddario had inquiries and Karen Roper, Housing & Homeless Solutions Manager, provided clarification.

Moved by: Tony Daddario
Seconded by: Wes Speake
That the City Council:
a. Approve the attached First Amended and Restated Professional Services Agreement with Kingdom Causes, Inc. DBA City Net, for collaborative homeless services, retroactive from October 1, 2024, to June 30, 2026, in the total maximum compensation amount of $3,950,496, which includes $3,429,500 for Corona and $520,996 for Norco.

DRAFT
3 b. Authorize the City Manager, or his designee, to execute the attached First Amended and Restated Professional Services Agreement with Kingdom Causes, Inc. DBA City Net.
c. Authorize the City Manager, or his designee, to approve non-substantive amendments to the attached First Amended and Restated Professional Services Agreement with Kingdom Causes, Inc. DBA City Net, including term extensions, line-item adjustments and hourly compensation rate increases within the Hourly Rate Range Maximum provided in Exhibit “D”, so long as any such amendments will not cause the City to exceed the approved total maximum compensation included in the First Amended and Restated Professional Services Agreement.
d. Authorize the City Manager, or his designee, to approve the attached First Amended and Restated Memorandum of Understanding between the City of Corona and the City of Norco for collaborative homeless services, retroactive from July 1, 2025, to June 30, 2026 for a maximum amount of $568,360 which includes $520,996 for City Net Norco and $47,363 in Admin Fees for the City of Corona.
e. Authorize the City Manager, or his designee, to approve non-substantive amendments, including term extensions, line-item adjustments and hourly compensation rate increases within the approved program budget of the First Amended and Restated Memorandum of Understanding between the City of Corona and the City of Norco.

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

6.4 MAINTENANCE/GENERAL SERVICES AGREEMENT WITH PIPE TEC, INC.

FOR STORM DRAIN CATCH BASIN MAINTENANCE SERVICES
Vice Mayor Speake had inquiries and Javier Luna, CIP Manager Assistant City Engineer, provided clarification.

Moved by: Tom Richins
Seconded by: Jim Steiner
That the City Council:
a. Award Notice Inviting Bids 25-056AG to Pipe Tec, Inc. to perform citywide storm drain catch basin maintenance services.

DRAFT
4 b. Approve the Maintenance/General Service Agreement with Pipe Tec, Inc. of Baldwin Park, CA, to perform storm drain catch basin maintenance services in the amount of $504,000.
c. Authorize the City Manager, or his designee, to execute the Maintenance/General Service Agreement with Pipe Tec, Inc., including any non-substantive extensions, change orders, and amendments up to 10% of the original contract amount with Pipe Tec, Inc. as authorized in section 3.08.060(H) of the City of Corona Municipal Code. d. Authorize the City Manager, or his designee, to issue a purchase order with Pipe Tec, Inc. for storm drain catch basin maintenance.

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

6.5 PROFESSIONAL SERVICE AGREEMENTS FOR CITYWIDE TEMPORARY

STAFFING SERVICES
THIS ITEM WAS APPROVED.

That the City Council:
a. Approve Professional Service Agreements with Resource Logistics, SoftHQ, and Apple One for Citywide as-needed temporary staffing services.
b. Authorize the City Manager, or his designee, to execute Professional Services Agreements with Resource Logistics for $750,000, SoftHQ for $500,000 and AppleOne for $500,000 per fiscal year and authorize the extension of each agreement with two (2) additional two (2) year optional renewal periods.
c. Authorize the City Manager, or his designee, to issue purchase orders to Resource Logistics for $750,000, SoftHQ for $500,000, and AppleOne for $500,000 per fiscal year.
d. Make a determination under Corona Municipal Code Section 3.08.125(A), that competitive bidding has been satisfied based upon reasons provided in the “Basis for determination of competitive bidding” section of this report.

DRAFT
5 e. 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. f. Authorize the City Manager, or his designee, to approve and execute any documents necessary to implement change orders, up to the lesser of either $100,000 or 10% of the original contract amount as authorized by Corona Municipal Code Section3.08.070 (G) 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.

6.6 CONSTRUCTION CONTRACT WITH KALBAN, INC. FOR THE CITYWIDE

AMERICANS WITH DISABILITIES ACT AND SIDEWALK IMPROVEMENTS

PROGRAM
THIS ITEM WAS APPROVED.

That the City Council:
a. Adopt Plans and Specifications for the Citywide Americans with Disabilities Act and Sidewalk Improvements Program, Capital Improvement Project No. ST-2025-05, Notice Inviting Bids 26-011AS. b. Award Notice Inviting Bids 26-011AS to Kalban, Inc., the lowest responsive, responsible bidder, for the total bid amount of $416,000, and waive all minor irregularities in the bidding document as submitted by the said bidder.
c. Approve the Construction Contract with Kalban, Inc., for the Citywide Americans with Disabilities Act and Sidewalk Improvements Program, Capital Improvement Project No. ST-2025-05 in the amount of $416,000. d. Authorize the City Manager, or his designee, to execute the Construction Contract with Kalban, Inc., in the amount of $416,000, including any nonsubstantive extensions, change orders, purchase orders, and amendments up to 10%, which is equivalent to $41,600 as authorized by Corona Municipal Code 3.08.050 (H).

DRAFT
6 e. Authorize the City Manager or his designee, to issue a purchase order to Kalban, Inc., in the amount of $416,000.

6.7 APPROVE THE FUNDING AGREEMENT WITH THE RIVERSIDE COUNTY

FLOOD CONTROL AND WATER CONSERVATION DISTRICT TO FUND THE

DESIGN AND CONSTRUCTION OF THE CORONA DOWNTOWN STORM

DRAIN IMPROVEMENTS PHASE II PROJECT
THIS ITEM WAS APPROVED.

That the City Council:
a. Approve the Funding Agreement with the Riverside County Flood Control and Water Conservation District for the design and construction of the Corona Downtown Storm Drain Improvements Phase II Project. b. Authorize the City Manager, or his designee, to execute the Funding Agreement with the Riverside County Flood Control and Water Conservation District to memorialize the mutual understandings by and between the District and City of Corona with respect to funding, design, construction, inspection, ownership, operation, and maintenance of the Corona Downtown Storm Drain Improvements Phase II Project. c. Authorize the creation of a new capital improvement project titled Corona Downtown Storm Drain Improvements Phase II.
d. Authorize an appropriation and an offsetting revenue increase in the amount of $10,328,000 from the Public Works Grants/Agreement Fund (243) to the newly created project titled Corona Downtown Storm Drain Improvements Phase II.

6.8 FIRE DEPARTMENT MUTUAL AID AGREEMENT WITH THE CITY OF

ANAHEIM
THIS ITEM WAS APPROVED.

That the City Council:
a. Approve the Mutual Aid Agreement (Agreement) between the City of Corona and the City of Anaheim.
b. Authorize the City Manager, or his designee, to execute the Mutual Aid Agreement between City of Corona and the City of Anaheim.

6.9 THIRD AMENDMENT TO THE PROFESSIONAL SERVICE AGREEMENT WITH STUDIO ONE ELEVEN FOR THE 6TH STREET BEAUTIFICATION AND

REVITALIZATION

DRAFT
7 THIS ITEM WAS APPROVED.

That the City Council:
a. Approve the Third Amendment to the Professional Service Agreement with Studio One Eleven, in the amount of $184,191, along with a 10% contingency of $100,000 and a term extension through September 30, 2027, to continue to provide engineering design services for additional work for the 6th Street Beautification and Revitalization, Project No. ST2022-02. b. Authorize the City Manager, or his designee, to execute the Third Amendment to the Professional Services Agreement with Studio One Eleven to increase the total contractual fee by $184,191 for a total compensation amount of $1,033,531, and include any non-substantive extensions, change orders, purchase orders, and amendments up to the amount authorized in Corona Municipal Code 3.08.070(G). c. Authorize an appropriation in the amount of $51,434 from the Corona Mall Business Improvement District Fund 218 to the 6th Street Beautification and Revitalization, Project No. ST-2022-02.

7. COMMUNICATIONS FROM THE PUBLIC
The following residents addressed the Council: Jeremy Leitzen, Joe Morgan, Maddy Paxton, Yosuf Bhaghami, Don Fuller, Jordan Campbell, and Harvey VanEgmond.

Mayor Casillas provided clarification regarding Amortization on Non-Conforming uses in the Downtown Area, requesting to bring it back to a future Council meeting.

Sylvia Edwards, City Clerk, stated there was one written comment received from the public. The written comment will be maintained with the meeting minutes.

8. PUBLIC HEARINGS
None.

9. ADMINISTRATIVE REPORTS

9.1 OVERVIEW OF THE 2026 LEGISLATIVE PLATFORM AND FINANCIAL

PRIORITIES
Aminah Mears, Assistant to the City Manager, and Sharon Gonsalves, CPPG, provided a report.

The Council provided comments. Mayor Casillas had inquiries and Ms. Mears provided clarification.

The following residents addressed the Council: Joe Morgan and Tim Gramling.

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

Mayor Casillas nominated herself and Vice Mayor Speake to serve as delegates.

DRAFT
8 Moved by: Jacque Casillas
Seconded by: Wes Speake
That the City Council review and provide feedback on the 2026 Legislative Platform and Financial Priorities prior to final adoption at a future Council meeting scheduled for January 2026.

9.2 RESOLUTION APPROVING A RECOGNIZED OBLIGATION PAYMENT

SCHEDULE AND RESOLUTION APPROVING SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2026 THROUGH JUNE 30, 2027.

Moved by: Wes Speake
Seconded by: Tony Daddario
That the Successor Agency to the Redevelopment Agency:
a. Adopt Resolution No. 2025-001, approving and adopting a Recognized Obligation Payment Schedule for the period of July 1, 2026, through June 30, 2027 pursuant to Health and Safety Code Section 34177(o)(1). b. Adopt Resolution No. 2025-002, approving and adopting a Successor Agency Administrative Budget for the period of July 1, 2026, through June 30, 2027 pursuant to Health and Safety Code Section 34177(j).

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

9.3 RECEIVE AND FILE THE AUDITOR’S REPORTS RELATED TO THE FISCAL YEAR 2025 ANNUAL FINANCIAL AUDITS, AUDITOR’S COMMUNICATION,

ANNUAL COMPREHENSIVE FINANCIAL REPORT, DEVELOPMENT IMPACT

FEES ANNUAL REPORT, AND ANNUAL REPORT ON VOTER APPROVED

DEBT FOR FISCAL YEAR
Kim Sitton, Finance Director, provided a report.

THIS REPORT WAS RECEIVED AND FILED.

That the City Council:
a. Receive and file the following annual reports:
i. Annual Comprehensive Financial Report of the City of Corona for the fiscal year ended June 30, 2025.
ii. Trip Reduction Fund Audit Report for the fiscal year ended June 30, 2025.
iii. Development Impact Fees (AB1600) Annual Report for the fiscal year ended June 30, 2025.

DRAFT
9 iv. Report on Voter Approved Debt for the fiscal year ended June 30, 2025.
b. Receive and file the following auditor’s reports:
i. Auditor’s Report on Applying Agreed-Upon Procedures to Appropriations Limit Schedule for the fiscal year ended June 30, 2025.
ii. Auditor’s Report on Applying Agreed-Upon Procedures to Investments for the month ended June 30, 2025.
iii. Auditor’s Report on Compliance with Applicable Requirement and on Internal Control over Compliance for the Housing Successor for the fiscal year ended June 30, 2025.
iv. Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters based on an Audit of Financial Statements, dated November 25, 2025.
c. Receive and file the Auditor’s Communication letter to the City Council from the City’s audit firm, The Pun Group, LLP, dated November 25, 2025.

9.4 RESOLUTION DECLARING THE PROPERTIES AT 106, 114, 122, AND 138 EAST SIXTH STREET, IDENTIFIED AS ASSESSOR’S PARCEL NUMBERS 117-191-001,117-191-002, 117-191-003, AND 117-191-004 ARE EXEMPT

SURPLUS LAND
Aminah Mears, Assistant to the City Manager, provided a report.

The Council had inquiries, and Joel Belding, Economic Development Director, provided clarification.

Moved by: Wes Speake
Seconded by: Tom Richins
That the City Council:
a. Adopt Resolution 2025-112, declaring that the properties at 106, 114, 122, and 138 East Sixth Street and identified, respectively, as assessor’s parcel numbers 117-191-001, 117-191-002, 117-191-003, and 117-191- 004, are no longer necessary for the City’s use and are exempt surplus land, under the Surplus Land Act .
b. Authorize the City Manager, or his designee, to follow applicable procedures related to the disposition of exempt surplus properties pursuant to the Surplus Land Act.

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

9.5 RESOLUTION ADOPTING THE CITY OF CORONA POSITION LIBRARY AND

COMPENSATION PLAN AND REPEALING ALL PRIOR PLANS, INCLUDING RESOLUTION NO. 2025-104.

Lori Sassoon, Chief Talent Officer, provided a report.

Moved by: Tom Richins
Seconded by: Jim Steiner
That the City Council adopt Resolution No. 2025-114, approving the City of Corona Position Library and Compensation Plan and repealing all prior Plans, including Resolution No. 2025-104, effective December 27, 2025 Aye (5): Jacque Casillas, Wes Speake, Tony Daddario, Tom Richins, and Jim Steiner
MotionAPPROVED (5 to 0)

10. LEGISLATIVE MATTERS

10.1 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CORONA ADDING CHAPTER 9.23 (DOWNTOWN ENTERTAINMENT ZONE) TO TITLE 9 (PUBLIC PEACE, MORALS AND WELFARE) OF THE CORONA MUNICIPAL

CODE TO ESTABLISH AN ENTERTAINMENT ZONE PURSUANT TO
CALIFORNIA SENATE BILL 969
Joel Belding, Economic Development Director, provided a report.

Moved by: Wes Speake
Seconded by: Tom Richins
That the City Council introduce, by title only, and waive full reading for consideration of Ordinance No. 3424, first reading of an ordinance amending Title 9 (Public Peace, Morals And Welfare) of the Corona Municipal Code to add new Section 9.23 Downtown Entertainment Zone, establishing a SB 969 Entertainment Zone designation to The Hub. commercial center.

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

10.2 REVISIONS TO CORONA MUNICIPAL CODE SECTIONS REGARDING

PROHIBITED CONDUCT IN PARKS AND RECREATION AREAS
Moved by: Jim Steiner
Seconded by: Tom Richins

DRAFT
11 That the City Council introduce by title only and waive full reading for consideration of Ordinance No. 3423, the first reading of an ordinance amending Sections 12.24.030, 12.24.040, and 12.24.060 of the Corona Municipal Code regarding prohibited conduct in parks and recreation areas.

Aye (5): Jacque Casillas, Wes Speake, Tony Daddario, Tom Richins, and Jim Steiner
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 JACQUE CASILLAS ON THE BEDFORD COLDWATER

GROUNDWATER SUSTAINABILITY AUTHORITY (BCGSA) MEETING OF DECEMBER 1, 2025
Mayor Casillas stated that she would file her update with the City Clerk.

11.4.b UPDATE FROM JACQUE CASILLAS ON THE WESTERN RIVERSIDE COUNCIL OF GOVERNMENTS (WRCOG) MEETING OF DECEMBER 1,
2025
Mayor Casillas stated that she would file her update with the City Clerk.

11.4.c UPDATE FROM JIM STEINER ON THE RIVERSIDE TRANSIT AGENCY (RTA) BOARD MEETING OF NOVEMBER 19, 2025
Council Member Steiner provided an update.

11.4.d UPDATE FROM WES SPEAKE ON THE RIVERSIDE COUNTY

TRANSPORTATION COMMISSION (RCTC) WESTERN PROGRAMS
MEETING OF NOVEMBER 24, 2025
Vice Mayor Speake provided an update.

12. CITY ATTORNEY'S REPORTS AND COMMENTS
None.

13. CITY MANAGER'S REPORTS AND COMMENTS
The City Manager expressed his appreciation to the City Council, community, and staff.

14. CITY COUNCIL MEMBERS' REPORTS AND COMMENTS

DRAFT
12 The Council provided comments.

15. FUTURE AGENDA ITEMS

15.1 CITY PARK FINAL DESIGN (STAFF) JANUARY 21, 2026

15.2 EXPLORE CORDON PRICING OF THE FOOTHILL CORRIDOR TO DETER CUT THROUGH TRAFFIC (W. SPEAKE) JANUARY 21, 2026

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

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

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

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

16. ADJOURNMENT
The next scheduled meeting of the Council is on January 7, 2026. Mayor Casilla adjourned the meeting at 7:55 p.m.

DATE: 12/03/2025
TO: Honorable Mayor and City Council Members
FROM: Community Services Department
2025-461

REQUEST FOR CITY COUNCIL ACTION
SUBJECT:

REVISIONS TO CORONA MUNICIPAL CODE SECTIONS REGARDING PROHIBITED

CONDUCT IN PARKS AND RECREATION AREAS
EXECUTIVE SUMMARY:

This staff report asks the City Council to approve the first reading of Ordinance No. 3423, amending sections 12.24.030, 12.24.040, and 12.24.060 of Chapter 12.24 of the Corona Municipal Code (CMC) to clarify that rules and regulations established as an administrative policy are enforceable following the posting of the policy on the city’s website and the posting of signs at the location of the relevant public parks, recreation buildings/facilities, or amenities.

RECOMMENDED ACTION:

That the City Council introduce by title only and waive full reading for consideration of Ordinance No. 3423, the first reading of an ordinance amending Sections 12.24.030,

12.24.040, and 12.24.060 of the Corona Municipal Code regarding prohibited conduct in parks and recreation areas.

BACKGROUND & HISTORY:

The Community Services Department oversees 38 parks and multiple facilities throughout the City of Corona. Many of these sites offer specialized amenities, including skate parks, tennis courts, and sports fields, which support a wide range of recreational activities.

These parks are regularly used by community members of all ages—from toddlers to

seniors—for both structured sports programs and passive recreation. To ensure proper usage of these sites, rules and regulations are established not only through ordinances like CMC 12.24, but also through administrative policies that identify prohibited activities.

ANALYSIS:

The Community Services Department believes that Chapter 12.24 of the Corona Municipal Code (CMC) could better express the current operational practices, permitted uses, and enforcement provisions outlined in the CMC and the City’s administrative policies. For instance, although CMC Section 12.24.030 currently lists 29 specific types of “prohibited conduct” and CMC 12.24.010 provides that the City Manager may adopt additional rules and regulations that are not in conflict with the CMC, Section 12.24.040 and 12.24.060 do not expressly provide that the additional rules and regulations can be enforced in the same manner as those expressly spelled out in Section 12.24.030. It is implied but not expressly stated.

The Community Services Department is therefore recommending revisions to CMC Chapter 12.24 to make it expressly clear that rules and regulations adopted by policy can be enforced in the same manner, as well as revisions to clarify how such enforcement efforts are to be noticed. First, staff is recommending adding the following subsection DD to the list of “prohibit conduct” in Section 12.24.030:
“(DD) Violation of rules and regulations: Violation of any rules and regulations established by the city for the use of public parks, recreation buildings/facilities, and amenities provided they meet the following: (1) the rules and regulations are established in writing as an administrative policy; (2) the administrative policy is posted on the city’s website; and (3) the rules and regulations are referenced in signs posted pursuant to section 12.24.060.”
As noted, any rules and regulations adopted by administrative policy would clearly be enforceable following the posting of the policy on the city’s website and the posting of signs at the location of the relevant public parks, recreation buildings/facilities, or amenities.

Staff is also recommending revisions to Sections 12.24.040 and 12.24.060 simply to clarify that enforcement efforts can include more actions than just ejection from the site and requiring staff to post signs pursuant to the new Section 12.24.030(DD). Any person failing to comply with the rules and regulations will be subject to citation or other enforcement tools or actions available to the City.

This amendment to the CMC will provide a clear legal framework to support the fair and consistent management of the City’s parks and facilities, ensuring that administrative policies are enforceable and transparent to the public.

FINANCIAL IMPACT:

There is no financial impact associated with the approval of the recommended actions.

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 commonsense exemption 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 activity is not subject to CEQA. This action is to approve a revised policy and amend Chapter 12.24 of the CMC, and there is no possibility that this project will have a significant effect on the environment. Therefore, no environmental analysis is required.

PREPARED BY: MOSES CORTEZ, PARKS AND TRAILS MANAGER
REVIEWED BY: DONNA FINCH, COMMUNITY SERVICES DIRECTOR
ATTACHMENT:

1. Exhibit 1 – Ordinance No. 3423

ORDINANCE NO. 3423

AN ORDINANCE OF THE CITY OF CORONA,
CALIFORNIA, AMENDING SECTIONS 12.24.030, 12.24.040
AND 12.24.060 OF THE CORONA MUNICIPAL CODE

REGARDING PROHIBITED CONDUCT IN PARKS AND

RECREATION AREAS
WHEREAS, Article XI, § 7 of the California Constitution authorizes cities to make and enforce within their limits all local, police, sanitary, and other ordinances and regulations not in conflict with general laws; and
WHEREAS, Corona Municipal Code (“CMC”) Chapter 12.24 establishes rules and regulations for use of public parks, recreation buildings/facilities, amenities and equipment in the City; and
WHEREAS, the City Council desires to amend certain sections of CMC Chapter

12.24 to clarify the enforcement of its provisions and rules and regulations established by the city for the use of public parks, recreation buildings/facilities, and amenities.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CORONA, CALIFORNIA, DOES ORDAIN AS FOLLOWS:

SECTION 1. Incorporation of Recitals. The City Council finds and determines that the foregoing Recitals are true and correct and incorporates the Recitals herein.

SECTION 2. CEQA Findings. 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 common sense exemption 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 activity is not subject to CEQA.

This action simply makes minor text amendments to the CMC, and there is no possibility that adopting this Ordinance will have a significant effect on the environment. Therefore, no environmental analysis is required.

SECTION 3. Section 12.24.030(DD). Subsection (DD) is hereby added to Section

12.24.030 (Prohibited Conduct) of Chapter 12.24 (Parks and Recreation Areas) of Title 12 (Streets, Sidewalks and Public Places) to read as follows:
“(DD) Violation of rules and regulations: Violation of any rules and regulations established by the city for the use of public parks, recreation buildings/facilities, and amenities provided they meet the following: (1) the rules and regulations are established in writing as

2 an administrative policy; (2) the administrative policy is posted on the city’s website; and (3) the rules and regulations are referenced in signs posted pursuant to section 12.24.060.”
SECTION 4. Section 12.24.040. Section 12.24.040 (Enforcement) of Chapter

12.24 (Parks and Recreation Areas) of Title 12 (Streets, Sidewalks and Public Places) is hereby amended to read as follows:
“12.24.040 Enforcement.

The City Manager and Enforcement Officers (as defined in § 1.08.120) shall have the authority to enforce the provisions of this chapter. Such enforcement efforts include the authority to eject and expel from any public park, recreation building/facility or amenity any person in violation of this chapter. Failure to expeditiously leave the park, building, facility, or amenity after being so directed by the City Manager or an Enforcement Officer, and following a reasonable amount of time to gather personal belongings, shall be a violation of this section.”
SECTION 5. Section 12.24.060. Section 12.24.060 (Signs posted in public parks, recreation buildings/facilities and amenities) of Chapter 12.24 (Parks and Recreation Areas) of Title 12 (Streets, Sidewalks and Public Places) is hereby amended to read as follows:
“12.24.060 Signs posted in public parks, recreation
buildings/facilities and amenities.
(A) The City Manager is authorized to post in prominent places in parks signs which shall state as follows:
"$250 reward for information leading to the
arrest and conviction of any person damaging,
stealing or defacing city property."
(B) In order to provide reasonable notice to the public, the City Manager shall post signs in one or more conspicuous and visible area(s) of any public park, specifying the requirements of §

12.24.030(X) and § 12.24.030(CC). The City Manager may post signs specifying the requirements of any other prohibited activities described in this chapter. The signs required or authorized pursuant to this section shall cite the respective code section and, if applicable, administrative policy number being invoked, and shall state that any person failing to comply with such code section or administrative policy number shall be subject to citation or other enforcement tools or actions available to the city.”

3 (C) The City Manager may post other signs as deemed necessary for operation of the public parks, recreation buildings/facilities, and amenities, such as signs that provide contact information for city staff, special events, or other purposes.”
SECTION 6. Severability. If any provision or clause of this Ordinance or any application of it to any person, firm, organization, partnership or corporation is held invalid, such invalidity shall not affect other provisions of this Ordinance which can be given effect without the invalid provision or application. To this end, the provisions of this Ordinance are declared to be severable.

SECTION 7. Conflicting Ordinances. This Ordinance shall supersede all other previous City Council resolutions and ordinances that may conflict with, or be contrary to, this Ordinance.

SECTION 8. Effective Date. The Mayor shall sign this Ordinance and the City Clerk shall attest thereto and shall within fifteen (15) days of its adoption cause it, or a summary of it, to be published in a genal circulation newspaper published and circulated in the City of Corona. This Ordinance shall take effect and be in force on the 30th day after its adoption.

PASSED, APPROVED AND ADOPTED this 7
th day of January, 2026.
_________________________________
Mayor of the City of Corona, California
ATTEST:
____________________________________
City Clerk of the City of Corona, California

4 CERTIFICATION
I, Sylvia Edwards, City Clerk of the City of Corona, California, do hereby certify that the foregoing Ordinance was regularly introduced at a regular meeting of the City Council of the City of Corona, California, duly held on the 3rd day of December 2025, and thereafter at a regular meeting held on the 7th day of January 2026, it was duly passed and adopted by the following vote of the City Council:

AYES: CASILLAS, DADDARIO, RICHINS, SPEAKE, STEINER
NOES: NONE
ABSTAINED: NONE
ABSENT: NONE
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Corona, California, this 7th day of January 2026. ___________________________________
City Clerk of the City of Corona, California
(SEAL)

DATE: 12/03/2025
TO: Honorable Mayor and City Council Members
FROM: Economic Development Department
2025-465

REQUEST FOR CITY COUNCIL ACTION
SUBJECT:

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CORONA ADDING CHAPTER 9.23 (DOWNTOWN ENTERTAINMENT ZONE) TO TITLE 9 (PUBLIC

PEACE, MORALS AND WELFARE) OF THE CORONA MUNICIPAL CODE TO

ESTABLISH AN ENTERTAINMENT ZONE PURSUANT TO CALIFORNIA SENATE BILL 969
EXECUTIVE SUMMARY:

This staff report asks the City Council to approve Ordinance No. 3424, which amends Title 9 of the Corona Municipal Code to add new Section 9.23 Downtown Entertainment Zone.

RECOMMENDED ACTION:

That the City Council introduce, by title only, and waive full reading for consideration of Ordinance No. 3424, first reading of an ordinance amending Title 9 (Public Peace, Morals And Welfare) of the Corona Municipal Code to add new Section 9.23 Downtown Entertainment Zone, establishing a SB 969 Entertainment Zone designation to The Hub. commercial center.

BACKGROUND & HISTORY:

At the July 2, 2025, City Council meeting, the City Council directed staff to proceed with development of an ordinance to amend Title 9 (Public Peace, Morals And Welfare) of the

Corona Municipal Code to establish a SB 969 Entertainment Zone designation to The Hub. commercial center to facilitate expanded events programming in common areas across the site. This report presents the drafted ordinance for consideration.

ANALYSIS:

With The Hub. serving as the primary activity center for the downtown revitalization efforts, this designation will facilitate large-scale events in the parking lot area, with The Hub. tenants being able to serve alcoholic beverages in this area during events.

The boundaries of the Entertainment Zone encompass the entire Hub. site, including the buildings, to allow for the businesses within those buildings to serve their food and beverage menu in the parking lot area during events.

This designation does not relieve any of the restaurants from any of the rules related to the sale of alcohol and all events will require the installation of temporary fencing, additional security, as well as other measures aimed at minimizing the potential for adverse impacts from the events. The maximum hours of operation for any Entertainment Zone events will be 11 a.m. to 12 a.m. for periodic events each year.

This designation, per the requirements of the authorizing legislation (SB969), requires a mandatory biennial review by the City to ensure the Entertainment Zone is functioning as intended. However, the City, as owner of The Hub., can intervene immediately to modify or stop events within The Hub. should problems arise.

This designation will also require an annual notice to the Alcoholic Beverage Control, which will also have oversight into the operations of the Entertainment Zone, as well as its regular oversight of all vendors licensed to sell alcohol as a part of their menu offerings.

FINANCIAL IMPACT:

Adoption of this Ordinance and the designation of The Hub. as an Entertainment Zone will not have a direct fiscal impact on the city. Monitoring of the Entertainment Zone will be done with existing staff resources. Events staged within the Entertainment Zone will be regularly funded by revenue generated from rents generated by The Hub. tenants, sponsorships, and possibly supplemental city funding on a periodic basis. Any city funding will be allocated through the City’s budget process on an annual basis.

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 commonsense exemption 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 activity is not subject to CEQA. This action seeks Council approval of Ordinance 3424, establishing a SB 969 Entertainment Zone designation to The Hub. commercial center. Therefore, no environmental analysis is required.

PREPARED BY: JOEL BELDING, ECONOMIC DEVELOPMENT DIRECTOR REVIEWED BY: JUSTIN TUCKER, ASSISTANT CITY MANAGER
ATTACHMENTS:

1. Exhibit 1 – Ordinance No. 3424

2. Exhibit 2 – Site Map

JAMIER\01000.19005\10315656.6
ORDINANCE NO. 3424

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
CORONA ADDING CHAPTER 9.23 (DOWNTOWN

ENTERTAINMENT ZONE) TO THE CORONA MUNICIPAL

CODE TO ESTABLISH AN ENTERTAINMENT ZONE PURSUANT
TO CALIFORNIA SENATE BILL 969
WHEREAS, the City of Corona, California ("City") is a municipal corporation, duly organized under the constitution and laws of the State of California; and WHEREAS, effective January 1, 2025, Senate Bill 969 authorizes cities and counties to create, by ordinance, entertainment zones to enable restaurants and bars to sell open containers of approved alcoholic beverages for off-premises consumption within the entertainment zone. Senate Bill 969 aims to revitalize downtowns and commercial areas, stimulate foot traffic, and support local hospitality businesses; and
WHEREAS, the City has an important government interest in maintaining a thriving commercial environment and protecting the health, safety, and economic welfare of its citizens and businesses; and
WHEREAS, the City Council has adopted the Corona Downtown Revitalization Specific Plan to address specific goals identified in the City’s Citywide Strategic Plan, including investing in redevelopment of the downtown area to create a thriving destination for residents and visitors; and
WHEREAS, establishing an entertainment zone in the City’s downtown area will result in attracting more visitors, an increase in foot traffic, and boost spending at downtown establishments, as visitors will be able to buy open container drinks from local bars, restaurants, wineries, and breweries, and enjoy them outside in designated spaces during certain hours for the purpose of creating an active downtown; and
WHEREAS, establishing an entertainment zone will further the strategic goals and policies identified in the Citywide Strategic Plan and the Downtown Revitalization Specific Plan; and
WHEREAS, Pursuant to Section 25692(a) of the California Business and Professions Code, the Economic Development Director notified the Corona Police Department and requested feedback about both of the following: (a) potential health and safety impacts that might be generated by the downtown entertainment zone and strategies to mitigate those impacts; and (b)the downtown entertainment zone's proposed boundaries, days and hours of operation, types of alcoholic beverages permitted, and approved non-glass and non-metal containers. Such feedback was taken into consideration when drafting this ordinance.

WHEREAS, all legal prerequisites to the adoption of this ordinance have occurred.

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NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF CORONA,
CALIFORNIA, DOES ORDAIN AS FOLLOWS:

SECTION 1. Recitals. The above recitals are true and correct and are hereby incorporated herein by this reference and adopted as findings by the City Council.

SECTION 2. CEQA Findings. The adoption of this ordinance 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 existing or former use is exempt from CEQA. The ordinance to establish an Entertainment Zone would not increase development or expand the existing use, but rather, would permit the off-premises consumption of open container alcoholic beverages purchased from bars, restaurants, and breweries within the entertainment zone in public spaces, such as public streets, public rights-of-way, and sidewalks within the entertainment zone. This ordinance would not result in adverse environmental impacts.

None of the exceptions to Categorical Exemptions set forth in the CEQA Guidelines, Section 15300.2 would apply. Therefore, no environmental analysis is required.

SECTION 3. Addition of Chapter 9.23. Chapter 9.23 (Downtown Entertainment Zone) is hereby added to Title 9 (Public Peace, Morals and Welfare) of the Corona Municipal Code to read as set forth in Exhibit “A” attached hereto and incorporated herein by reference.

SECTION 4. Severability. If any sentence, cause or phrase of this Ordinance is for any reason held to be unconstitutional or otherwise invalid, such decision shall not affect the validity of the remaining provisions of this Ordinance.

SECTION 5. Effective Date of Ordinance. The Mayor shall sign this Ordinance and the City Clerk shall attest thereto and shall within fifteen (15) days of its adoption cause it, or a summary of it, to be published in a newspaper of general circulation in the City of Corona. This Ordinance shall take effect and be in force on the 30th day after its adoption.

PASSED, APPROVED AND ADOPTED this 7
th day of January, 2026.
_________________________________________
Mayor of the City of Corona, California
ATTEST:
____________________________________
City Clerk of the City of Corona, California

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CERTIFICATION
I, Sylvia Edwards, City Clerk of the City of Corona, California, do hereby certify that the foregoing Ordinance was regularly introduced at a regular meeting of the City Council of the City of Corona, California duly held on the 3rd day of December, 2025 and thereafter at a regular meeting held on the 7th day of January, 2026, it was duly passed and adopted by the following vote:

AYES:

NOES:

ABSENT:

ABSTAINED:

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Corona, California, this 7th day of January, 2026. _________________________________________
City Clerk of the City of Corona, California
[SEAL]

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EXHIBIT “A”
CHAPTER 9.23
(DOWNTOWN ENTERTAINMENT ZONE)
[SEE ATTACHED 7 PAGES]

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CHAPTER 9.23

DOWNTOWN ENTERTAINMENT ZONE
Sections:

9.23.010 Purpose

9.23.020 Applicability

9.23.030 Definitions

9.23.040 Downtown Entertainment Zone - Location

9.23.050 Downtown Entertainment Zone - Regulations

9.23.060 Downtown Entertainment Zone – Administrative Requirements

9.23.010 Purpose.

The purpose of this chapter is to establish for the downtown an entertainment zone pursuant to Sections 23039.5, 23357, 23358, 23396, 25690, 25691 and 25692 of the California Business and Professions Code. The downtown entertainment zone is intended to attract new patrons to the downtown area by creating a safe and sociable outside atmosphere where entertainment events may be held, all of which will be designed to encourage people to socialize, stay and patronize businesses not only in the downtown entertainment zone but in the larger downtown area.

9.23.020 Applicability.

The regulations in this chapter apply to the off-premises consumption in public spaces of open container alcoholic beverages purchased from bars, restaurants, breweries, and wineries in the downtown entertainment zone. In the event of any inconsistency between the regulations of this chapter and any other provision of this code, the provisions of this chapter shall govern.

9.23.030 Definitions.

For the purposes of this chapter, the following definitions shall apply, unless the context clearly indicates otherwise:
(A) ABC. The term “ABC” means the California Department of Alcoholic Beverage Control.
(B) Director. The term “director” means the Economic Development Director for the City of Corona, or his or her designee.
(C) Downtown Entertainment Zone. The term “downtown entertainment zone” means the area established pursuant to §9.23.040 below.

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(D) Entertainment Zone. The term “entertainment zone” has the meaning set forth in Section 23039.5 of the California Business and Professions Code, as such section may be amended from time to time.
(E) Entertainment Zone Event. The term “entertainment zone event” means an event that occurs within the boundaries of the downtown entertainment zone, in accordance with this chapter and within the hours and days permitted by this chapter, as well as the restrictions and conditions contained in the required special event permit. (F) Event Area. The term “event area” means the area within the downtown entertainment zone which has been authorized to conduct a specific entertainment zone event pursuant to this chapter.
(G) Licensees. The term “licensees” means commercial restaurants, bars, breweries, wineries or other businesses possessing an on-sale license issued by the ABC, as well as organizations authorized by an appropriate permit or license issued by the ABC, who wish to permit consumers to leave their licensed premises with open containers of alcoholic beverages for consumption off the premises within the downtown entertainment zone at an entertainment zone event.
(H) Public Spaces. The term “public spaces” means the following spaces within the downtown entertainment zone: public streets, sidewalks, or public rights-of-way, as well as any other places authorized by state law for entertainment zones. (I) Special Event Permit. The term “special event permit” means a permit required to operate an entertainment zone event, which permit is issued by the Director pursuant to this chapter and the requirements of chapter 9.20 (Assemblages and Parades) of this code.

9.23.040 Downtown Entertainment Zone - Location.
(A) Establishment of Downtown Entertainment Zone. In accordance with Sections 23039.5 and 25690 of the California Business and Professions Code, the boundaries of the downtown entertainment zone are established as depicted in Figure “A” below. The downtown entertainment zone includes all establishments licensed by ABC that are adjacent to and within the boundaries depicted in Figure “A” below.

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FIGURE “A”

9.23.050 Downtown Entertainment Zone - Regulations.
(A) General Laws and Regulations. All licensees shall comply with all applicable state and local laws, rules, and regulations, including, but not limited to, the following:

1. ABC Requirements. All applicable ABC license and permitting requirements.

2. Responsible Beverage Service Training. All servers and managers of licensees must complete the Responsible Beverage Service (RBS) Training Program, as required by Section 25680 et seq. of the California Business and Professions Code.

3. Business & Professions Code. Sections 23357, 23358, and 23396 of the California Business and Professions Code, as may be amended from time to time.

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4. Other Required Laws, Permits & Licenses. All other laws governing the sale, consumption, or furnishing of alcoholic beverages and any and all required permits and licenses issued pursuant thereto.
(B) Specific Entertainment Zone Requirements. All entertainment zone events, as well as all licensees authorized to participate in an entertainment zone event, shall comply with the following specific requirements:

1. City Special Event Permit. A special event permit, issued pursuant to chapter 9.20 (Assemblages and Parades) of this code, is required to conduct the entertainment zone event. The special event permit may include requirements not otherwise imposed by state or local laws, rules or regulations, including, but not limited to, additional requirements for approved beverage containers, additional restrictions on the hours of operation for entertainment zone events, and other time, place, and manner restrictions as deemed appropriate by the issuing person or body.

2. Permitted Areas. Open alcoholic beverages may be consumed only in the event areas which have been authorized to hold the entertainment zone event.

3. Permitted Licensees. Only licensees who meet both of the following requirements are eligible to participate in selling or furnishing open container alcoholic beverages for consumption during the entertainment zone event:
(a) Adjacent Licensees. Licensees must be located immediately adjacent to the event area.
(b) Patrons Exit Directly Into Entertainment Zone. Licensees must have an exit which allows their patrons with open container alcoholic beverages to exit their premises directly into the event area.

4. Purchase From Permitted Licensees. All open container alcoholic beverages consumed in the event area must be purchased from the permitted licensees described in Section 9.23.050(B)(3) above. Accordingly, such permitted licensees must expressly prohibit open or closed containers of alcoholic beverages acquired outside their premises.

5. No Deliveries. Delivery of alcoholic beverages by any licensee or by any third-party delivery service to the event area is expressly prohibited, unless the delivery is to a residential building or private business that is not a licensee.

6. Types of Alcoholic Beverages. The types of open container alcoholic beverages that are permitted to be consumed off-premises at an entertainment zone event are beer, wine and distilled spirits. In addition, each licensee is limited to the type of alcoholic beverage specified in their ABC license.

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7. Age Verification & Identification. Licensees may admit patrons under the age of 21 in their business premises, if allowed by their ABC license. Although patrons of all ages may be admitted into the entertainment zone event, in no event shall a Licensee sell or furnish alcoholic beverages to anyone under the age of 21. Moreover, all patrons in possession of alcoholic beverages must have been properly verified by a licensee and must be wearing a wristband or stamp identifying them as 21 years of age or over. All of the licensees participating in the entertainment zone event must use a single style of wristband or stamp that they agree upon and that is identified in the special event permit for that entertainment zone event.

8. Cup or Container Requirements. No alcoholic beverages purchased at a licensee’s premises may leave the premises in an open glass or metal container for consumption at the entertainment zone event. The licensee must serve or furnish all open container alcoholic beverages for off-premises consumption in cups or containers which meet all of the following: (i) they must be transparent or translucent disposable or reusable plastic, acrylic, or biodegradable cups or containers; (ii) they must have the name of the licensee included on them through professional printing or stamping or with professionally made permanent stickers; and (iii) all licensees participating in the entertainment zone event must use a single style of cup or container that they agree upon, that is distinctly different from any cups or containers in which non-alcoholic beverages are served, and that is identified in the special event permit for that entertainment zone event. Licensees may not serve, furnish or allow open container alcoholic beverages in any container or cup that does not meet these requirements, including in any metal or glass cup or container.

9. Signage. The boundaries of an event area must be clearly marked by easily visible signage posted around the perimeter of the event area. The signage must instruct patrons not to carry alcoholic beverages outside of the event area (e.g., "No Alcoholic Beverages Beyond This Point"). Signs must be illuminated well enough to be sufficiently visible during nighttime hours.

10. Days and Hours of Operation.
(a) Authorized Days and Hours. The sale, furnishing, and consumption of open container alcoholic beverages for off-premises consumption during an entertainment zone event are permitted on any day of the year between the hours of 11:00 am to 12:00 am, unless otherwise provided in the special event permit for a particular entertainment zone event. Additional limitations may be imposed by any permit or license issued by ABC, as well as by the conditions contained in the required special event permit, as determined by the Corona Police Department, including, but not limited to, more restrictive hours or days. No person shall be permitted to carry open container alcoholic beverages outside of the event area. (b) Prohibited Hours. Notwithstanding the other provisions of this section, the sale, furnishing, and consumption of open container alcoholic beverages for offpremises consumption is expressly prohibited during the following hours: (1) any hours in which the sale of alcoholic beverages is prohibited under Section 25631 of the California Business and Professions Code, as such section may be amended from time to time (currently, 2:00 am to 6:00

10 of 11
JAMIER\01000.19005\10315656.6
am); and (2) any hours in which no licensee within the boundaries of the event area is permitted to sell alcoholic beverages for consumption on the premises.

11. Security. All security requirements shall be determined by the Corona Police Department and included in the conditions contained in the required special event permit.

The permittee shall be solely responsible for all costs of the security requirements.

12. Trash Disposal. The permittee for an entertainment zone event shall provide a sufficient number of trash receptacles within and around the perimeter of the event area for patrons to dispose of their cups or containers before exiting the entertainment zone event. The permittee shall be solely responsible for all costs of the trash disposal requirements.

9.23.060 Downtown Entertainment Zone – Administrative Requirements. (A) Licensees. All licensees shall comply with the following administrative requirements:

1. ABC Annual Notice of Intent. Pursuant to Sections 23357 and 23358 of the California Business and Professions Code, licensees shall annually submit the required notice of intent to participate in the downtown entertainment zone to the ABC. A copy of the notice to ABC shall be provided to the Director at the same time such notice is provided to ABC. (A) City. The City shall comply with the following administrative requirements:

1. Ordinance - Documents for ABC. Pursuant to Section 25690(b) of the California Business and Professions Code, within thirty (30) days of the establishment or modification of the downtown entertainment zone, the Director shall provide ABC with documentation containing the following information:
(a) Ordinance. A copy of the ordinance establishing or modifying the downtown entertainment zone.
(b) Boundaries. Information as may be necessary to identify the boundaries of the downtown entertainment zone.
(c) Days and Hours of Operation. The days and hours of operation of the downtown entertainment zone.
(d) Types of Alcoholic Beverages. The types of alcoholic beverages permitted within the downtown entertainment zone.
(e) Approved Cups or Containers. The approved non-glass and nonmetal containers in which alcoholic beverages may be authorized.

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(2) Ordinance Amendments – Consult with Corona PD. Pursuant to Section 25692(a) of the California Business and Professions Code, before adopting an ordinance to modify the downtown entertainment zone, the Director shall notify the Corona Police Department and request feedback about both of the following:
(a) Health & Safety Impacts. Potential health and safety impacts that might be generated by the downtown entertainment zone and strategies to mitigate those impacts. (b) Regulatory Provisions. The downtown entertainment zone's proposed boundaries, days and hours of operation, types of alcoholic beverages permitted, and approved non-glass and non-metal containers.
(3) Biennial Review. Pursuant to Section 25692(b) of California Business and Professions Code, the Director shall review the operation of the downtown entertainment zone every two (2) years following the adoption of this chapter to ensure that the downtown entertainment zone is being maintained in a manner that protects the health and safety of the general public. This review shall be conducted in consultation with the Corona Police Department and any reports produced during the review shall be made available to ABC upon request.

DATE: 01/07/2026
TO: Honorable Mayor and City Council Members
FROM: Finance Department
2026-02

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 OCTOBER 2025
RECOMMENDED ACTION:

That the City Council receive and file the monthly fiscal report for October 2025.

M E M O R A N D U M
January 7, 2026
TO: City Clerk
FROM: Kim Sitton
Finance Director

SUBJECT: Monthly Fiscal Report, October 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 October 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: 4F594A71-8037-4A70-B627-857BBD08235C

BEGINNING ENDING

DESCRIPTION BALANCE RECEIPTS DISBURSEMENTS BALANCE
Balance Per Bank - Bank of America $ 1,987,443.93 $ 66,522,462.90 $ 61,561,045.38 $ 6,948,861.45 Deposits in Transit 1,923,373.59 1,923,373.59 1,393,567.22 Outstanding Checks (908,415.14) 3,071,026.18 (3,071,026.18) Fiscal Agents 44,472,435.94 78,176,524.68 126,194,209.84 Developer Escrow Accounts 2,529,523.58
1,393,567.22
908,415.14
159,898,298.58
2,529,523.58
Investments
Chandler Investment- City Account 394,537,579.84 43,590,238.34 42,194,901.49 395,932,916.69 Chandler Investment -Pension Trust Fund 44,459,023.73 36,019.84 44,495,043.57 LAIF 35,039,871.73 27,112,299.15 22,800,000.00 39,352,170.88 Investments Subtotal 474,036,475.30 70,738,557.33 64,994,901.49 479,780,131.14 Change Fund 10,248.00 10,248.00
Returned Checks 7,798.55 91,504.43 52,240.66 47,062.32
Credit Card Reconciling Items- Fees (2,793.41) 2,793.41 2,822.56 (2,822.56) TOTAL $ 524,056,090.34 $ 299,555,599.01 $ 209,781,934.54 $ 613,829,754.81 * For informational purpose only

CITY OF CORONA
Receipts and Disbursements*
October 31, 2025
Docusign Envelope ID: 4F594A71-8037-4A70-B627-857BBD08235C

ENDING DEPOSITS OUTSTANDING MISCELLANEOUS RECONCILED

ACCOUNTS BANK BAL IN TRANSIT CHECKS RECONCILING ITEMS BALANCES LAIF 39,352,170.88 $ $ 39,352,170.88
Chandler Investment- City Account 395,932,916.69 $ $ 395,932,916.69 Chandler Investment -Pension Trust Fund 44,495,043.57 $ $ 44,495,043.57 Investment Total 479,780,131.14 479,780,131.14
General Account - Bank of America 6,461,110.41 1,268,904.15 (2,958,612.07) 44,239.76 4,815,642.25 Worker's Comp Account - Bank of America 487,751.04 124,663.07 (112,414.11) 500,000.00 Fiscal Agent Accounts 126,194,209.84 126,194,209.84
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 $ 615,462,974.01 $ 1,393,567.22 $ (3,071,026.18) $ 44,239.76 $ 613,829,754.81 Subject to final audit

CITY OF CORONA
Cash and Investment Status Report
October 31, 2025
Docusign Envelope ID: 4F594A71-8037-4A70-B627-857BBD08235C

General Fund $ 206,757,613.50
Special Revenue Funds
Gas Tax 15,157,009.29
Measure A 18,503,683.51
Trip Reduction 2,240,586.79
Asset Forfeiture 425,600.30
Development 30,986,753.93
Residential Refuse/Recycling 82,598.70
Landscape and Streetlight Maintenance 27,619,103.54
Other Grants and Endowments 105,152,819.73 10,137,483.67 Debt Service Funds
Public Financing Authority 1,864,627.38 1,864,627.38
Capital Project Funds
Housing/Community Development (824,714.85)
Planned Local Drainage 163,096.73
Other Grants (30,334,027.69)
Public Facility Project (116,300.12)
Corona Housing Authority (8,712,263.89) 22,399,682.04
Enterprise Funds
Water Utility 91,783,616.52
Water Reclamation Utility 91,249,242.40
Transit 684,747.27
Electric Utility 33,261,423.25
Airport 2,177,205.55 219,156,234.99
Internal Service Funds
Fleet Operations 913,683.78
Workers' Compensation 23,215,005.07
Liability Risk 2,690,505.66
Warehouse Services 1,102,408.97
Information Technology 38,987,831.56 11,066,228.08
Fiduciary Funds
AD & CFD Bond Funds 43,467,951.31
AB109 PACT -
Successor Agency 50,622,891.54 7,154,940.23
Total All Funds $ 613,829,754.81
Subject to final audit

CITY OF CORONA
Cash Balance By Fund
October 31, 2025
Docusign Envelope ID: 4F594A71-8037-4A70-B627-857BBD08235C

MARKET BOOK PERCENT OF

INVESTMENTS PAR VALUE VALUE VALUE PORTFOLIO
ABS 43,980,000.00 42,649,669.93 42,247,468.65 8.81%
Agency 6,500,000.00 6,553,041.00 6,480,115.00 1.35%
CMO 47,415,000.00 46,488,501.48 44,995,496.36 9.38%
Pension Trust 760,495.42 58,619,026.87 44,495,043.57 9.27% Receivable 123,698.72 123,698.72 123,698.72 0.03%
Corporate 101,337,000.00 101,632,682.22 100,095,631.44 20.86% LAIF 39,352,170.88 39,352,170.88 39,352,170.88 8.20%
Money Market Fund FI 21,606,922.18 21,606,922.18 21,606,922.18 4.50% Municipal Bonds 4,395,000.00 4,507,120.85 4,418,161.65 0.92% Supranational 15,390,000.00 15,397,773.57 15,272,173.80 3.18% US Treasury 161,370,000.00 162,737,776.87 160,693,248.88 33.49% TOTAL PORTFOLIO $ 442,230,287.20 499,668,384.56 $ 100.00% 479,780,131.14 Subject to final audit

CITY OF CORONA
Investment Portfolio Report
October 31, 2025
Docusign Envelope ID: 4F594A71-8037-4A70-B627-857BBD08235C

DATE: 01/07/2026
TO: Honorable Mayor and City Council Members
FROM: Finance Department
2026-03

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 OCTOBER 2025 RECOMMENDED ACTION:

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

____________________________________________________________________________________________________________________ Prepared By: Chandler Asset Management
City of Corona
Investment Portfolio Report
Month Ending October 31, 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 October 31, 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 Accountin g Mana
g
er
Investment Summary
City's Investment Pension Trust Total Investment
Beginning balance September 30, 2025 429,577,452 $ 44,459,024 $ 474,036,475 $ Acquisitions / Additions: Agency Notes 3,495,625 3,495,625 US Corporate Notes 8,174,132 8,174,132 LAIF 27,112,299 27,112,299 Money Market Fund 28,570,387 36,020 28,606,407 $ 67,352,443 36,020 $ 67,388,463
Dispositions / Withdrawals:

Agency Notes 4,712,322 4,712,322
US Corporate Notes 19,158,579 19,158,579 LAIF 22,800,000 22,800,000 Money Market Fund 8,950,103 8,950,103 Maturity/Call Redemption 6,300,000 6,300,000 $ 61,921,003 $ 61,921,003
Gain/(Loss) on Dispositions 276,196 $ - $ 276,196 $ Ending balance October 31, 2025 435,285,088 $ 44,495,044 $ $ 479,780,131 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

MONTHLY ACCOUNT STATEMENT
City of Corona Cons Account | Account #10003 | As of October 31, 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: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 2.28
Average Coupon 3.87%
Average Purchase YTM 4.10%
Average Market YTM 3.87%
Average Credit Quality* AA+
Average Final Maturity 2.70
Average Life 2.51
End Values as of
09/30/2025
End Values as of
10/31/2025
Market Value 435,549,612.81 441,049,357.69
Accrued Interest 2,663,157.44 2,780,807.10
Total Market Value 438,212,770.25 443,830,164.79
Income Earned 1,776,690.67 1,598,138.38
Cont/WD (9,700,000.00) 4,000,000.00
Par 434,204,556.26 439,732,178.42
Book Value 429,577,451.57 435,285,087.57
Cost Value 429,577,451.57 435,285,087.57
United States 36.90%
FHLMC 10.54%
LAIF 8.92%
Federated Hermes, Inc. 4.90%
International Bank for Recon and Dev 2.06%
Toyota Motor Corporation 1.59%
American Express Credit Master Trust 1.48%
Guardian Life Global Funding 1.44%
*The average credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch.

Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 10.5 Compliant
Max Maturity (Years) 5.0 3.5 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (MV) 20.0 9.7 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 23.0 Compliant
Max % Issuer (MV) 5.0 1.6 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 100.0 1.5 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 39.4 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 4.9 Compliant
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 4

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (MV) 20.0 4.9 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)53 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 3.5 Compliant
Max % Issuer (MV) 10.0 2.1 Compliant
Max Maturity (Years)54 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 5

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
U.S. TREASURIES
Max % (MV) 100.0 36.9 Compliant
Max Maturity (Years) 5 4 Compliant
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 429,577,451.57 463,097,630.34
Maturities/Calls (6,300,000.00) (10,700,000.00)
Principal Paydowns (658,345.45) (1,595,902.28)
Purchases 67,352,443.27 178,325,951.15
Sales (54,962,657.99) (194,388,591.14)
Change in Cash, Payables, Receivables (176,616.49) (207,259.02) Amortization/Accretion 0.00 0.00
Realized Gain (Loss) 452,812.65 753,258.51
Ending Book Value 435,285,087.57 435,285,087.57
Month to Date Fiscal Year to Date
(07/01/2025)
Beginning Market Value 435,549,612.81 467,745,815.94
Maturities/Calls (6,300,000.00) (10,700,000.00)
Principal Paydowns (658,345.45) (1,595,902.28)
Purchases 67,352,443.27 178,325,951.15
Sales (54,962,657.99) (194,388,591.14)
Change in Cash, Payables, Receivables (176,616.49) (207,259.02) Amortization/Accretion 0.00 0.00
Change in Net Unrealized Gain (Loss) (207,891.11) 1,116,084.53 Realized Gain (Loss) 452,812.65 753,258.51
Ending Market Value 441,049,357.69 441,049,357.69
Maturities / Calls
Month to Date (6,300,000.00)
Fiscal Year to Date (10,700,000.00)
Principal Paydowns
Month to Date (658,345.45)
Fiscal Year to Date (1,595,902.28)
Purchases
Month to Date 67,352,443.27
Fiscal Year to Date 178,325,951.15
Sales
Month to Date (54,962,657.99)
Fiscal Year to Date (194,388,591.14)
Interest Received
Month to Date 1,281,180.47
Fiscal Year to Date 5,431,799.76
Purchased / Sold Interest
Month to Date 199,308.26
Fiscal Year to Date 309,657.97
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
05611UAD5 BMWLT 2024-1 A3 4.98
03/25/2027 1,352,798.30 03/25/20245.01%
1,351,582.90
1,351,582.90
100.29

4.04%
1,356,749.83
1,122.82

0.31%
5,166.93
Aaa/AAA
NA

1.40 0.29
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
100.57

4.28%
1,624,169.97
3,883.18

0.37%
9,214.87
NA/AAA
AAA

1.54 0.48
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
100.54

4.11%
1,503,019.18
2,462.18

0.34%
8,106.04
NA/AAA
AAA

1.72 0.40
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 951,584.28 02/22/2023

5.01%
951,410.90
951,410.90
100.40

4.12%
955,405.84
2,118.86

0.22%
3,994.94
Aaa/NA
AAA

2.04 0.43
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
101.05

4.12%
1,096,339.34
2,565.42

0.25%
11,466.28
Aaa/NA
AAA

2.22 0.83
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
100.93

4.09%
2,109,363.85
4,486.53

0.48%
19,520.39
NA/AAA
AAA

2.22 1.18
437918AC9 HAROT 2024-1 A3 5.21
08/15/2028 3,195,890.59 02/13/20245.21%
3,195,751.57
3,195,751.57
100.86

4.03%
3,223,519.07
7,400.26

0.73%
27,767.49
Aaa/AAA
NA

2.79 0.70
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
101.01

4.00%
3,681,869.18
8,359.20

0.83%
37,879.57
NA/AAA
AAA

2.88 0.83
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
101.02

4.00%
2,020,386.00
4,426.67

0.46%
13,901.62
Aaa/NA
AAA

1.04 0.99
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
101.08

4.07%
1,430,303.23
2,692.82

0.32%
15,475.15
NA/AAA
AAA

3.05 0.86
36268GAD7 GMCAR 2024-1 A3 4.85
12/18/2028 1,869,289.86 03/25/20244.90%
1,865,419.85
1,865,419.85
100.53

4.14%
1,879,157.84
3,777.52

0.43%
13,738.00
Aaa/NA
AAA

3.13 0.70
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
100.87

4.08%
2,017,402.00
4,435.56

0.46%
16,620.75
NA/AAA
AAA

3.29 0.90
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
100.94

4.09%
1,872,466.68
1,601.48

0.42%
17,748.45
Aaa/AAA
NA

3.32 0.82
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
101.45

3.92%
2,130,510.90
4,853.33

0.48%
30,921.45
Aaa/NA
AAA

3.37 1.08
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
101.85

3.94%
3,126,939.29
7,136.04

0.71%
57,568.64
NA/AAA
AAA

3.46 1.37
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
101.52

3.94%
2,126,770.68
4,590.38

0.48%
31,888.21
Aaa/AAA
NA

3.54 1.45
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
100.57

3.94%
2,091,754.08
3,910.40

0.47%
11,884.91
Aaa/NA
AAA

3.88 1.72
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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

3.88%
2,349,280.75
4,442.53

0.53%
19,626.99
Aaa/AAA
NA

3.96 1.84
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
100.61

4.00%
2,641,057.13
5,040.00

0.60%
16,444.32
NA/AAA
AAA

3.96 1.69
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
100.98

3.89%
3,413,205.12
6,429.51

0.77%
33,266.30
NA/AAA
AAA

4.45 2.28
Total ABS 42,249,563.03 4.92%
42,247,468.65
42,247,468.65
100.95

4.02%
42,649,669.93
85,734.71

9.67%
402,201.28

3.03 1.14
AGENCY
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
100.54

3.63%
3,518,844.00
17,329.86

0.80%
(29,911.00)
Aa1/AA+
AA+

2.37 2.23
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
101.14

3.55%
3,034,197.00
40,333.33

0.69%
102,837.00
Aa1/AA+
AA+

2.67 2.47
Total Agency 6,500,000.00 4.01%
6,480,115.00
6,480,115.00
100.82

3.59%
6,553,041.00
57,663.19

1.49%
72,926.00

2.51 2.34

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

98.85 3.97%
1,482,780.00
3,316.25

0.34%
(103,645.78)
Aa1/AA+
AAA

0.82 0.75
3137BSRE5 FHMS K-059 A2 3.12 09/25/2026 2,992,823.61 02/18/2022

1.98%
3,120,953.87
3,120,953.87

99.15 3.97%
2,967,408.55
7,781.34

0.67%
(153,545.32)
Aa1/AAA
AAA

0.90 0.78
3137FETN0 FHMS K-073 A2 3.35 01/25/2028 6,000,000.00 --

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

98.82 3.86%
5,928,954.00
16,750.00

1.34%
220,954.31
Aa1/AA+
AAA

2.24 2.01
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

99.30 3.85%
2,978,982.00
9,000.00

0.68%
67,927.31
Aa1/AA+
AAA

2.24 2.04
3137FG6X8 FHMS K-077 A2 3.85 05/25/2028 5,320,000.00 --

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

99.81 3.85%
5,309,828.16
17,068.33

1.20%
80,703.15
Aa1/AA+
AAA

2.57 2.32
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

99.82 3.85%
1,993,389.42
6,413.70

0.45%
41,711.96
Aa1/AA+
AAA

2.65 2.35
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

99.92 3.86%
3,145,487.90
10,231.00

0.71%
129,802.27
Aa1/AA+
AAA

2.82 2.59
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

99.98 3.86%
2,499,375.00
8,166.67

0.57%
88,046.87
Aa1/AA+
AAA

2.90 2.63
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

94.99 3.88%
4,749,250.00
8,462.50

1.08%
268,781.25
Aa1/AA+
AAA

2.90 2.71
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
3137H5YC5 FHMS K-748 A2 2.26 01/25/2029 8,000,000.00 --

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

95.01 3.93%
7,600,952.00
15,066.67

1.72%
432,787.93
Aa1/AA+
AAA

3.24 2.97
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

98.69 3.81%
4,885,209.45
14,115.75

1.11%
248,064.92
Aa1/AAA
AA+

3.32 3.03
3137FLYV0 FHMS K-092 A2 3.298
04/25/2029 3,000,000.00 04/19/20244.94%
2,775,468.75
2,775,468.75

98.23 3.81%
2,946,885.00
8,245.00

0.67%
171,416.25
Aa1/AA+
AAA

3.48 3.17
Total Agency CMBS 47,407,823.61 4.42%
44,995,496.36
44,995,496.36

98.10 3.87%
46,488,501.48
124,617.21

10.54%
1,493,005.12

2.66 2.42
CASH
CCYUSD Receivable 21,947.81 -- 21,947.81
21,947.81

1.00 0.00%
21,947.81

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
CCYUSD Receivable 101,750.91 -- 101,750.91
101,750.91

1.00 0.00%
101,750.91

0.00 0.02%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 123,698.72
123,698.72
123,698.72

1.00 0.00%
123,698.72

0.00 0.03%

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

98.49 3.92%
4,791,762.29
22,838.47

1.09%
(52,220.91)
A1/AA
AA0.530.51
91324PEC2 UNITEDHEALTH GROUP INC 1.15
05/15/2026 805,000.00 --1.08%
807,605.05
807,605.05

98.49 4.04%
792,853.36
4,268.74

0.18%
(14,751.70)
A2/A+
A

0.54 0.52
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

98.21 4.06%
3,265,356.15
13,819.53

0.74%
(58,180.85)
A1/A+
A+

0.63 0.61
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

98.02 4.09%
2,226,953.06
7,952.00

0.50%
(44,416.86)
Aa3/AA+
AA+

0.71 0.69
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

97.67 4.02%
1,675,100.53
2,798.78

0.38%
(38,321.68)
Aa3/AAAA0.87

0.84 931142ER0 WALMART INC 1.05 09/17/2026 785,000.00 09/08/2021

1.09%
783,516.35
783,516.35

97.64 3.82%
766,483.42
1,007.42

0.17%
(17,032.93)
Aa2/AA
AA

0.88 0.85
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

97.54 4.01%
2,423,921.19
14,236.98

0.55%
(58,245.92)
Aa3/AAAA1.20

1.15 74340XCG4 PROLOGIS LP 4.875 06/15/2028 2,000,000.00 --

5.23%
1,970,364.90
1,970,364.90
102.18

3.99%
2,043,632.00
36,833.33

0.46%
73,267.10
A2/A
NA

2.62 2.33
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

99.15 3.97%
2,974,377.00
18,250.00

0.67%
169,107.00
A1/A
NA

2.84 2.64
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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
100.11

3.91%
3,283,486.64
59,741.56

0.74%
126,650.64
Aa3/A
NA

3.04 2.56
66815L2Q1

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

4.67%
2,404,556.16
2,404,556.16
101.74

4.12%
2,441,721.60
34,854.00

0.55%
37,165.44
Aa1/AA+
AAA

3.19 2.90
57629W5B2 MASSMUTUAL GLOBAL
FUNDING II 4.85 01/17/2029 2,140,000.00 01/09/2024

4.85%
2,139,721.80
2,139,721.80
102.04

4.16%
2,183,737.32
29,983.78

0.50%
44,015.52
Aa3/AA+
AA+

3.21 2.91
46647PAM8 JPMORGAN CHASE & CO 3.509
01/23/2029 2,500,000.00 01/18/20245.07%
2,360,725.00
2,360,725.00

98.70 4.43%
2,467,445.00
23,880.69

0.56%
106,720.00
A1/A
AA3.232.09
61747YFA8 MORGAN STANLEY 5.123
02/01/2029 2,650,000.00 02/13/2024

5.31%
2,632,165.50
2,632,165.50
102.07

4.63%
2,704,786.10
33,939.88

0.61%
72,620.60
A1/AA+3.25

2.08 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

4.09%
2,557,182.50
28,291.67

0.58%
75,407.50
A2/AA3.27

2.89 17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,960,000.00 02/21/2024

4.86%
1,959,314.00
1,959,314.00
102.49

4.04%
2,008,739.32
17,163.61

0.46%
49,425.32
A1/AANA3.32

2.95 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
102.78

3.95%
2,569,512.50
21,555.56

0.58%
65,362.50
A2/A
A+

3.33 3.02
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

98.34 3.98%
1,475,056.50
6,612.50

0.33%
78,368.62
Aa3/A
NA

3.37 3.13
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
102.55

4.18%
2,389,452.28
8,403.79

0.54%
59,452.28
A2/AAA3.43

3.12 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
103.58

4.12%
2,071,566.00
5,541.67

0.47%
73,306.00
Aa3/AAAA3.45

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

97.67 4.11%
2,929,986.00
50,775.00

0.66%
167,656.00
A2/A
NA

3.50 3.26
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
103.03

4.23%
1,906,010.60
39,962.57

0.43%
57,546.10
Aa3/AA+
AA+

3.58 3.18
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
102.56

4.22%
2,174,257.16
42,694.44

0.49%
58,327.56
Aa1/AA+
AAA

3.60 3.20
437076DC3 HOME DEPOT INC 4.75
06/25/2029 3,000,000.00 06/20/20244.84%
2,987,610.00
2,987,610.00
102.39

4.04%
3,071,832.00
49,875.00

0.70%
84,222.00
A2/A
A

3.65 3.20
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

4.08%
3,773,052.80
36,321.67

0.86%
50,856.68
A2/A
A

3.79 3.34
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
100.97

4.02%
2,302,038.48
20,697.33

0.52%
25,578.12
Aa3/AANA3.79

3.36 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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

99.96 4.19%
3,048,639.70
12,391.90

0.69%
(1,360.30)
Aa1/AA+
NA

3.90 3.55
61748UAK8 MORGAN STANLEY 4.133
10/18/2029 2,900,000.00 10/17/20254.25%
2,900,364.00
2,900,364.00

99.77 4.40%
2,893,222.70
2,996.43

0.66%
(7,141.30)
A1/AA+3.96

2.75 38141GD27 GOLDMAN SACHS GROUP INC

4.153 10/21/2029 3,115,000.00 --4.29%
3,115,396.00
3,115,396.00

99.70 4.43%
3,105,782.72
3,593.50

0.70%
(9,613.29)
A2/BBB+
A

3.97 2.76
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
101.46

4.21%
3,495,259.11
64,268.39

0.79%
52,222.76
Aa1/AA+
AAA

4.10 3.63
89236TNA9 TOYOTA MOTOR CREDIT CORP

4.95 01/09/2030 3,655,000.00 01/06/2025

5.00%
3,647,178.30
3,647,178.30
103.07

4.14%
3,767,146.37
56,287.00

0.85%
119,968.07
A1/A+
A+

4.19 3.70
02665WFY2 AMERICAN HONDA FINANCE
CORP 4.8 03/05/2030 2,000,000.00 03/07/20254.90%
1,990,800.00
1,990,800.00
101.97

4.30%
2,039,384.00
14,933.33

0.46%
48,584.00
A3/ANA4.34

3.86 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
101.83

4.10%
4,073,292.00
87,461.11

0.92%
66,732.00
A1/A+
NA

4.52 3.97
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
101.65

4.30%
3,303,641.25
64,918.75

0.75%
58,938.75
Aa3/AAAA4.57

4.00 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

93.36 4.22%
4,200,984.00
35,112.50

0.95%
30,879.00
A3/A
NA

4.70 4.31
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

99.49 4.07%
2,984,553.00
15,141.67

0.68%
(6,147.00)
A2/A
A

4.87 4.36
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
100.05

4.31%
3,301,729.20
9,916.04

0.75%
1,729.20
Aa1/AA+
NA

4.93 4.38
141781CF9 CARGILL INC 4.125 10/23/2030 2,160,000.00 10/20/2025

4.14%
2,158,371.65
2,158,371.65

99.48 4.24%
2,148,746.40
1,980.00

0.49%
(9,625.25)
A2/A
NA

4.98 4.45
Total Corporate 101,337,000.00 4.18%
100,095,631.44
100,095,631.44
100.34

4.14%
101,632,682.22
1,001,300.57

23.04%
1,537,050.78

3.34 2.91
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 39,352,170.88 --4.13%
39,352,170.88
39,352,170.88

1.00 4.13%
39,352,170.88

0.00 8.92%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 39,352,170.88 4.13%
39,352,170.88
39,352,170.88

1.00 4.13%
39,352,170.88

0.00 8.92%

0.00 0.00

0.00 MONEY MARKET
FUND
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
60934N807 FEDERATED HRMS GV O SVC 21,606,922.18 --

3.70%
21,606,922.18
21,606,922.18

1.00 3.70%
21,606,922.18

0.00 4.90%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 21,606,922.18 3.70%
21,606,922.18
21,606,922.18

1.00 3.70%
21,606,922.18

0.00 4.90%

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
102.55

3.76%
4,507,120.85
49,443.75

1.02%
88,959.20
Aa2/AAAA3.75

3.39 Total Municipal
Bonds 4,395,000.00 4.38%
4,418,161.65
4,418,161.65
102.55

3.76%
4,507,120.85
49,443.75

1.02%
88,959.20

3.75 3.39

SUPRANATIONAL
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

98.59 3.98%
6,299,664.57
1,708.44

1.43%
(61,069.23)
Aaa/AAA
NA

0.47 0.46
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
100.60

3.71%
4,527,004.50
7,245.00

1.03%
100,264.50
Aaa/AAA
NA

3.96 3.63
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
101.58

3.73%
4,571,104.50
21,140.63

1.04%
86,404.50
Aaa/AAA
NA

4.38 3.96
Total
Supranational 15,390,000.00 2.89%
15,272,173.80
15,272,173.80
100.07

3.83%
15,397,773.57
30,094.06

3.49%
125,599.77

2.66 2.43

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

97.58 3.76%
1,531,991.87
2,016.71

0.35%
(26,907.74)
Aa1/AA+
AA+

0.83 0.81
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,130,000.00 10/18/2021

1.19%
3,083,172.27
3,083,172.27

97.45 3.76%
3,050,332.11
2,407.69

0.69%
(32,840.16)
Aa1/AA+
AA+

0.91 0.89
91282CDG3 UNITED STATES TREASURY 1.125
10/31/2026 3,120,000.00 11/15/2021

1.25%
3,100,987.50
3,100,987.50

97.47 3.74%
3,041,148.24

96.96 0.69%
(59,839.26)
Aa1/AA+
AA+

1.00 0.97
91282CEW7 UNITED STATES TREASURY 3.25
06/30/2027 6,650,000.00 --3.12%
6,690,380.86
6,690,380.86

99.40 3.62%
6,610,252.95
72,824.73

1.50%
(80,127.91)
Aa1/AA+
AA+

1.66 1.58
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 2,800,000.00 --4.37%
2,770,000.01
2,770,000.01
100.94

3.61%
2,826,359.20
10,153.85

0.64%
56,359.19
Aa1/AA+
AA+

1.91 1.81
91282CFZ9 UNITED STATES TREASURY 3.875
11/30/2027 4,600,000.00 --3.74%
4,628,085.94
4,628,085.94
100.55

3.60%
4,625,336.80
75,001.37

1.05%
(2,749.14)
Aa1/AA+
AA+

2.08 1.95
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 7,000,000.00 --3.78%
7,028,945.31
7,028,945.31
100.58

3.59%
7,040,467.00
91,399.46

1.60%
11,521.69
Aa1/AA+
AA+

2.17 2.03
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

99.80 3.59%
6,985,783.00
61,915.76

1.58%
157,775.19
Aa1/AA+
AA+

2.25 2.12
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 7,000,000.00 02/23/2023

4.16%
6,949,960.94
6,949,960.94
100.89

3.60%
7,062,342.00
47,955.80

1.60%
112,381.06
Aa1/AA+
AA+

2.33 2.19
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
100.07

3.59%
7,005,194.00
106,769.13

1.59%
120,858.06
Aa1/AA+
AA+

2.58 2.40
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

3.61%
1,938,742.90
14,236.88

0.44%
58,781.96
Aa1/AA+
AA+

2.84 2.62
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
102.82

3.59%
5,963,351.20
23,582.42

1.35%
200,054.32
Aa1/AA+
AA+

2.92 2.70
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
103.55

3.61%
2,071,094.00
269.34

0.47%
63,515.87
Aa1/AA+
AA+

3.00 2.77
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
102.19

3.61%
3,474,507.60
62,588.80

0.79%
(8,367.40)
Aa1/AA+
AA+

3.08 2.81
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 11,000,000.00 --3.99%
10,883,007.81
10,883,007.81
100.39

3.62%
11,042,537.00
138,994.57

2.50%
159,529.19
Aa1/AA+
AA+

3.17 2.92
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
101.14

3.62%
5,056,835.00
50,543.48

1.15%
113,670.94
Aa1/AA+
AA+

3.25 2.99
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
101.94

3.62%
7,135,625.00
50,953.04

1.62%
150,390.62
Aa1/AA+
AA+

3.33 3.06
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
101.57

3.63%
7,109,921.00
25,384.62

1.61%
261,405.37
Aa1/AA+
AA+

3.41 3.15
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 7,000,000.00 --4.48%
7,043,730.48
7,043,730.48
103.23

3.63%
7,225,862.00
894.34

1.64%
182,131.52
Aa1/AA+
AA+

3.50 3.21
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 4,400,000.00 06/20/20244.27%
4,445,375.00
4,445,375.00
102.86

3.64%
4,525,642.00
83,311.48

1.03%
80,267.00
Aa1/AA+
AA+

3.58 3.23
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
102.06

3.64%
4,082,500.00
57,282.61

0.93%
54,218.75
Aa1/AA+
AA+

3.66 3.32
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 8,000,000.00 09/11/2024

3.45%
8,062,812.50
8,062,812.50

99.88 3.66%
7,990,312.00
49,668.51

1.81%
(72,500.50)
Aa1/AA+
AA+

3.83 3.52
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 8,500,000.00 --3.66%
8,437,500.00
8,437,500.00

99.43 3.66%
8,451,193.00
26,153.85

1.92%
13,693.00
Aa1/AA+
AA+

3.91 3.61
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
101.71

3.67%
4,576,990.50
78,104.51

1.04%
102,830.34
Aa1/AA+
AA+

4.08 3.66
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
102.22

3.68%
4,600,021.50
48,332.20

1.04%
116,720.72
Aa1/AA+
AA+

4.25 3.82
91282CMZ1 UNITED STATES TREASURY 3.875
04/30/2030 8,000,000.00 --4.05%
7,936,601.57
7,936,601.57
100.77

3.69%
8,061,560.00
856.35

1.83%
124,958.43
Aa1/AA+
AA+

4.50 4.09
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 8,000,000.00 --

4.01%
7,996,953.12
7,996,953.12
101.30

3.69%
8,104,064.00
134,644.81

1.84%
107,110.88
Aa1/AA+
AA+

4.58 4.08
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
100.76

3.69%
8,060,936.00
104,456.52

1.83%
88,436.00
Aa1/AA+
AA+

4.66 4.18
91282CPA3 UNITED STATES TREASURY 3.625
09/30/2030 3,500,000.00 10/10/20253.65%
3,495,625.00
3,495,625.00

99.63 3.71%
3,486,875.00
11,153.85

0.79%
(8,750.00)
Aa1/AA+
AA+

4.91 4.44
Total US Treasury 161,370,000.00 3.91%
160,693,248.88
160,693,248.88
100.86

3.64%
162,737,776.87
1,431,953.59

36.90%
2,044,527.99

3.22 2.95
Total Portfolio 439,732,178.42 4.10%
435,285,087.57
435,285,087.57

86.62 3.87%
441,049,357.69
2,780,807.10
100.00%
5,764,270.13

2.70 2.28
Total Market Value
+ Accrued 443,830,164.79
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 10/01/2025 60934N807 3,250,951.10 FEDERATED HRMS GV O SVC 1.000 3.79% (3,250,951.10) 0.00 (3,250,951.10) 0.00 Purchase 10/02/2025 60934N807 43,792.14 FEDERATED HRMS GV O SVC 1.000 3.79% (43,792.14) 0.00 (43,792.14) 0.00
Purchase 10/06/2025 90LAIF$00 1,200,000.00 Local Agency Investment Fund State Pool 1.000 4.17% (1,200,000.00) 0.00 (1,200,000.00) 0.00 Purchase 10/06/2025 60934N807 8,180.10 FEDERATED HRMS GV O SVC 1.000 3.78% (8,180.10) 0.00 (8,180.10) 0.00
Purchase 10/07/2025 90LAIF$00 1,000,000.00 Local Agency Investment Fund State Pool 1.000 4.17% (1,000,000.00) 0.00 (1,000,000.00) 0.00 Purchase 10/14/2025 90LAIF$00 1,100,000.00 Local Agency Investment Fund State Pool 1.000 4.16% (1,100,000.00) 0.00 (1,100,000.00) 0.00 Purchase 10/14/2025 91282CPA3 3,500,000.00 UNITED STATES TREASURY

3.625 09/30/2030 99.875 3.65% (3,495,625.00) (4,879.81) (3,500,504.81) 0.00 Purchase 10/15/2025 90LAIF$00 158,226.05 Local Agency Investment Fund State Pool 1.000 4.15% (158,226.05) 0.00 (158,226.05) 0.00 Purchase 10/15/2025 90LAIF$00 154,073.10 Local Agency Investment Fund State Pool 1.000 4.15% (154,073.10) 0.00 (154,073.10) 0.00 Purchase 10/15/2025 60934N807 140,399.21 FEDERATED HRMS GV O SVC 1.000 3.80% (140,399.21) 0.00 (140,399.21) 0.00
Purchase 10/15/2025 60934N807 364,930.52 FEDERATED HRMS GV O SVC 1.000 3.80% (364,930.52) 0.00 (364,930.52) 0.00
Purchase 10/16/2025 60934N807 95,232.71 FEDERATED HRMS GV O SVC 1.000 3.80% (95,232.71) 0.00 (95,232.71) 0.00
Purchase 10/16/2025 60934N807 3,169,182.80 FEDERATED HRMS GV O SVC 1.000 3.80% (3,169,182.80) 0.00 (3,169,182.80) 0.00 Purchase 10/20/2025 90LAIF$00 1,000,000.00 Local Agency Investment Fund State Pool 1.000 4.14% (1,000,000.00) 0.00 (1,000,000.00) 0.00 Purchase 10/20/2025 60934N807 40,885.51 FEDERATED HRMS GV O SVC 1.000 3.76% (40,885.51) 0.00 (40,885.51) 0.00
Purchase 10/21/2025 38141GD27 2,015,000.00 GOLDMAN SACHS GROUP INC 4.153 10/21/2029 100.000 4.37% (2,015,000.00) 0.00 (2,015,000.00) 0.00 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 10/21/2025 38141GD27 1,100,000.00 GOLDMAN SACHS GROUP INC 4.153 10/21/2029 100.036 4.14% (1,100,396.00) 0.00 (1,100,396.00) 0.00 Purchase 10/21/2025 90LAIF$00 500,000.00 Local Agency Investment Fund State Pool 1.000 4.14% (500,000.00) 0.00 (500,000.00) 0.00 Purchase 10/22/2025 61748UAK8 1,500,000.00 MORGAN STANLEY 4.133 10/18/2029 100.000 4.36% (1,500,000.00) 0.00 (1,500,000.00) 0.00 Purchase 10/22/2025 61748UAK8 1,400,000.00 MORGAN STANLEY 4.133 10/18/2029 100.026 4.12% (1,400,364.00) 0.00 (1,400,364.00) 0.00 Purchase 10/23/2025 141781CF9 325,000.00 CARGILL INC 4.125 10/23/2030 99.741 4.18% (324,158.25) 0.00 (324,158.25) 0.00 Purchase 10/23/2025 141781CF9 755,000.00 CARGILL INC 4.125 10/23/2030 99.928 4.14% (754,456.40) 0.00 (754,456.40) 0.00 Purchase 10/23/2025 141781CF9 540,000.00 CARGILL INC 4.125 10/23/2030 99.973 4.13% (539,854.20) 0.00 (539,854.20) 0.00 Purchase 10/23/2025 141781CF9 540,000.00 CARGILL INC 4.125 10/23/2030 99.982 4.13% (539,902.80) 0.00 (539,902.80) 0.00 Purchase 10/24/2025 60934N807 14,441,236.94 FEDERATED HRMS GV O SVC 1.000 3.78% (14,441,236.94) 0.00 (14,441,236.94) 0.00 Purchase 10/27/2025 90LAIF$00 8,300,000.00 Local Agency Investment Fund State Pool 1.000 4.13% (8,300,000.00) 0.00 (8,300,000.00) 0.00 Purchase 10/27/2025 90LAIF$00 6,000,000.00 Local Agency Investment Fund State Pool 1.000 4.13% (6,000,000.00) 0.00 (6,000,000.00) 0.00 Purchase 10/27/2025 60934N807 171,533.07 FEDERATED HRMS GV O SVC 1.000 3.79% (171,533.07) 0.00 (171,533.07) 0.00
Purchase 10/27/2025 60934N807 138,966.65 FEDERATED HRMS GV O SVC 1.000 3.79% (138,966.65) 0.00 (138,966.65) 0.00
Purchase 10/28/2025 90LAIF$00 500,000.00 Local Agency Investment Fund State Pool 1.000 4.13% (500,000.00) 0.00 (500,000.00) 0.00 Purchase 10/28/2025 60934N807 15,750.00 FEDERATED HRMS GV O SVC 1.000 3.79% (15,750.00) 0.00 (15,750.00) 0.00
Purchase 10/28/2025 60934N807 6,306,171.72 FEDERATED HRMS GV O SVC 1.000 3.79% (6,306,171.72) 0.00 (6,306,171.72) 0.00 Purchase 10/30/2025 90LAIF$00 3,700,000.00 Local Agency Investment Fund State Pool 1.000 4.13% (3,700,000.00) 0.00 (3,700,000.00) 0.00 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
Purchase 10/30/2025 90LAIF$00 3,500,000.00 Local Agency Investment Fund State Pool 1.000 4.13% (3,500,000.00) 0.00 (3,500,000.00) 0.00 Purchase 10/31/2025 60934N807 383,175.00 FEDERATED HRMS GV O SVC 1.000 3.70% (383,175.00) 0.00 (383,175.00) 0.00
Total Purchase 67,357,686.62 (67,352,443.27) (4,879.81) (67,357,323.08) 0.00 TOTAL
ACQUISITIONS 67,357,686.62 (67,352,443.27) (4,879.81) (67,357,323.08) 0.00

DISPOSITIONS
Maturity 10/28/2025 459058JL8 (6,300,000.00)

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 0.5
10/28/2025
100.000 0.59% 6,300,000.00 0.00 6,300,000.00 27,639.15
Total Maturity (6,300,000.00) 6,300,000.00 0.00 6,300,000.00 27,639.15 Sale 10/01/2025 90LAIF$00 (1,200,000.00) Local Agency Investment Fund State Pool 1.000 4.18% 1,200,000.00 0.00 1,200,000.00 0.00 Sale 10/02/2025 90LAIF$00 (800,000.00) Local Agency Investment Fund State Pool 1.000 4.17% 800,000.00 0.00 800,000.00 0.00 Sale 10/06/2025 60934N807 (3,250,000.00) FEDERATED HRMS GV O SVC 1.000 3.78% 3,250,000.00 0.00 3,250,000.00 0.00
Sale 10/08/2025 90LAIF$00 (3,200,000.00) Local Agency Investment Fund State Pool 1.000 4.17% 3,200,000.00 0.00 3,200,000.00 0.00 Sale 10/09/2025 90LAIF$00 (4,700,000.00) Local Agency Investment Fund State Pool 1.000 4.16% 4,700,000.00 0.00 4,700,000.00 0.00 Sale 10/14/2025 02665WFY2 (1,500,000.00)

AMERICAN HONDA
FINANCE CORP 4.8
03/05/2030
102.021 4.90% 1,530,315.00 (7,800.00) 1,538,115.00 37,215.00 Sale 10/14/2025 60934N807 (1,909,500.00) FEDERATED HRMS GV O SVC 1.000 3.77% 1,909,500.00 0.00 1,909,500.00 0.00
Sale 10/14/2025 60934N807 (389.81) FEDERATED HRMS GV O
SVC 1.000 3.77% 389.81 0.00 389.81 0.00
Sale 10/15/2025 90LAIF$00 (3,200,000.00) Local Agency Investment Fund State Pool 1.000 4.15% 3,200,000.00 0.00 3,200,000.00 0.00 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
Sale 10/16/2025 24422EWR6 (1,000,000.00) JOHN DEERE CAPITAL CORP 4.75 01/20/2028 101.976 4.40% 1,019,760.00 (11,347.22) 1,031,107.22 4,370.00 Sale 10/16/2025 90LAIF$00 (1,100,000.00) Local Agency Investment Fund State Pool 1.000 4.15% 1,100,000.00 0.00 1,100,000.00 0.00 Sale 10/16/2025 58933YBH7 (1,975,000.00) MERCK & CO INC 4.05 05/17/2028 100.722 4.05% 1,989,259.50 (33,105.94) 2,022,365.44 13,867.25 Sale 10/21/2025 46647PAM8 (800,000.00) JPMORGAN CHASE & CO

3.509 01/23/2029 98.964 5.07% 791,712.00 (6,862.04) 798,574.04 36,280.00 Sale 10/21/2025 24422EWR6 (1,450,000.00) JOHN DEERE CAPITAL CORP 4.75 01/20/2028 102.102 4.40% 1,480,479.00 (17,410.07) 1,497,889.07 8,163.50 Sale 10/21/2025 60934N807 (818,932.89) FEDERATED HRMS GV O SVC 1.000 3.77% 818,932.89 0.00 818,932.89 0.00
Sale 10/22/2025 74340XCG4 (2,000,000.00) PROLOGIS LP 4.875 06/15/2028 102.653 5.00% 2,053,060.00 (34,395.83) 2,087,455.83 63,711.20 Sale 10/22/2025 90LAIF$00 (1,300,000.00) Local Agency Investment Fund State Pool 1.000 4.14% 1,300,000.00 0.00 1,300,000.00 0.00 Sale 10/22/2025 60934N807 (812,908.17) FEDERATED HRMS GV O SVC 1.000 3.77% 812,908.17 0.00 812,908.17 0.00
Sale 10/23/2025 90LAIF$00 (3,300,000.00) Local Agency Investment Fund State Pool 1.000 4.14% 3,300,000.00 0.00 3,300,000.00 0.00 Sale 10/23/2025 60934N807 (255,538.05) FEDERATED HRMS GV O SVC 1.000 3.78% 255,538.05 0.00 255,538.05 0.00
Sale 10/23/2025 60934N807 (1,902,833.60) FEDERATED HRMS GV O SVC 1.000 3.78% 1,902,833.60 0.00 1,902,833.60 0.00
Sale 10/24/2025 78016HZS2 (3,500,000.00) ROYAL BANK OF CANADA

5.2 08/01/2028 103.399 5.50% 3,618,965.00 (41,961.11) 3,660,926.11 164,290.00 Sale 10/24/2025 69371RS64 (1,670,000.00) PACCAR FINANCIAL CORP

4.95 08/10/2028 103.161 4.99% 1,722,788.70 (16,992.25) 1,739,780.95 55,427.30 Sale 10/24/2025 91282CFH9 (3,450,000.00) UNITED STATES TREASURY

3.125 08/31/2027 99.379 3.45% 3,428,572.27 (16,082.53) 3,444,654.80 29,054.69 Sale 10/24/2025 91282CFB2 (1,300,000.00) UNITED STATES TREASURY

2.75 07/31/2027 98.750 3.12% 1,283,750.00 (8,257.47) 1,292,007.47 5,789.06 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
Sale 10/24/2025 3135G06G3 (4,300,000.00)

FEDERAL NATIONAL

MORTGAGE ASSOCIATION

0.5 11/07/2025

99.858 0.56% 4,293,894.00 (9,973.61) 4,303,867.61 6,839.00 Sale 10/29/2025 90LAIF$00 (2,200,000.00) Local Agency Investment Fund State Pool 1.000 4.13% 2,200,000.00 0.00 2,200,000.00 0.00 Sale 10/29/2025 90LAIF$00 (1,800,000.00) Local Agency Investment Fund State Pool 1.000 4.13% 1,800,000.00 0.00 1,800,000.00 0.00 Total Sale (54,695,102.52) 54,962,657.99 (204,188.07) 55,166,846.06 425,007.00 TOTAL
DISPOSITIONS (60,995,102.52) 61,262,657.99 (204,188.07) 61,466,846.06 452,646.15 OTHER

TRANSACTIONS
Cash Transfer 10/01/2025 CCYUSD (1,200,000.00) Cash 0.00% (1,200,000.00) 0.00 (1,200,000.00) 0.00 Cash Transfer 10/02/2025 CCYUSD (800,000.00) Cash 0.00% (800,000.00) 0.00 (800,000.00) 0.00 Cash Transfer 10/06/2025 CCYUSD 1,200,000.00 Cash 0.00% 1,200,000.00 0.00 1,200,000.00 0.00 Cash Transfer 10/07/2025 CCYUSD 1,000,000.00 Cash 0.00% 1,000,000.00 0.00 1,000,000.00 0.00 Cash Transfer 10/08/2025 CCYUSD (3,200,000.00) Cash 0.00% (3,200,000.00) 0.00 (3,200,000.00) 0.00 Cash Transfer 10/09/2025 CCYUSD (4,700,000.00) Cash 0.00% (4,700,000.00) 0.00 (4,700,000.00) 0.00 Cash Transfer 10/14/2025 CCYUSD 1,100,000.00 Cash 0.00% 1,100,000.00 0.00 1,100,000.00 0.00 Cash Transfer 10/15/2025 CCYUSD (3,200,000.00) Cash 0.00% (3,200,000.00) 0.00 (3,200,000.00) 0.00 Cash Transfer 10/16/2025 CCYUSD (1,100,000.00) Cash 0.00% (1,100,000.00) 0.00 (1,100,000.00) 0.00 Cash Transfer 10/20/2025 CCYUSD 1,000,000.00 Cash 0.00% 1,000,000.00 0.00 1,000,000.00 0.00 Cash Transfer 10/21/2025 CCYUSD 500,000.00 Cash 0.00% 500,000.00 0.00 500,000.00 0.00 Cash Transfer 10/22/2025 CCYUSD (1,300,000.00) Cash 0.00% (1,300,000.00) 0.00 (1,300,000.00) 0.00 Cash Transfer 10/23/2025 CCYUSD (3,300,000.00) Cash 0.00% (3,300,000.00) 0.00 (3,300,000.00) 0.00 Cash Transfer 10/27/2025 CCYUSD 14,300,000.00 Cash 0.00% 14,300,000.00 0.00 14,300,000.00 0.00 Cash Transfer 10/28/2025 CCYUSD 500,000.00 Cash 0.00% 500,000.00 0.00 500,000.00 0.00 Cash Transfer 10/29/2025 CCYUSD (4,000,000.00) Cash 0.00% (4,000,000.00) 0.00 (4,000,000.00) 0.00 Cash Transfer 10/30/2025 CCYUSD 7,200,000.00 Cash 0.00% 7,200,000.00 0.00 7,200,000.00 0.00 Total Cash
Transfer 4,000,000.00 4,000,000.00 0.00 4,000,000.00 0.00 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 10/01/2025 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 10/01/2025 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 10/01/2025 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 10/01/2025 3137FLMV3 0.00 FHMS K-090 A2 3.422
02/25/2029 4.87% 14,115.75 0.00 14,115.75 0.00
Coupon 10/01/2025 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 10/01/2025 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 10/01/2025 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 10/01/2025 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 10/01/2025 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 10/01/2025 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 10/01/2025 3137BSRE5 0.00 FHMS K-059 A2 3.12
09/25/2026 1.98% 7,797.39 0.00 7,797.39 0.00
Coupon 10/01/2025 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 10/05/2025 89115A2Y7 0.00 TORONTO-DOMINION
BANK 4.994 04/05/2029 4.99% 58,180.10 0.00 58,180.10 0.00 Coupon 10/12/2025 58989V2H6 0.00

MET TOWER GLOBAL
FUNDING 5.25
04/12/2029

5.27% 52,500.00 0.00 52,500.00 0.00
Coupon 10/15/2025 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 10/15/2025 58770JAD6 0.00 MBALT 2024-A A3 5.32
01/18/2028 5.32% 4,810.17 0.00 4,810.17 0.00
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 10/15/2025 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 10/15/2025 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 10/15/2025 437918AC9 0.00 HAROT 2024-1 A3 5.21
08/15/2028 5.21% 14,827.80 0.00 14,827.80 0.00
Coupon 10/15/2025 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 10/15/2025 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 5.01% 4,474.61 0.00 4,474.61 0.00
Coupon 10/15/2025 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 10/15/2025 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 10/15/2025 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 10/15/2025 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 10/15/2025 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 10/15/2025 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 10/15/2025 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 10/15/2025 47800DAD6 0.00 JDOT 2025 A3 4.23
09/17/2029 4.23% 7,332.00 0.00 7,332.00 0.00
Coupon 10/15/2025 47787JAC2 0.00 JDOT 2022 A3 2.32
09/15/2026 2.33% 49.13 0.00 49.13 0.00
Coupon 10/16/2025 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 10/16/2025 459058LN1 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 3.875
10/16/2029

4.25% 87,210.00 0.00 87,210.00 0.00
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
Coupon 10/18/2025 437930AC4 0.00 HAROT 2024-2 A3 5.27
11/20/2028 5.27% 6,214.21 0.00 6,214.21 0.00
Coupon 10/20/2025 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 10/20/2025 4581X0DV7 0.00

INTER-AMERICAN

DEVELOPMENT BANK

0.875 04/20/2026

0.97% 27,956.25 0.00 27,956.25 0.00
Coupon 10/25/2025 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 10/25/2025 05611UAD5 0.00 BMWLT 2024-1 A3 4.98
03/25/2027 5.01% 6,325.98 0.00 6,325.98 0.00
Coupon 10/28/2025 459058JL8 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 0.5
10/28/2025

0.59% 15,750.00 0.00 15,750.00 0.00
Coupon 10/31/2025 91282CJF9 0.00 UNITED STATES TREASURY

4.875 10/31/2028 4.79% 48,750.00 0.00 48,750.00 0.00
Coupon 10/31/2025 91282CKP5 0.00 UNITED STATES TREASURY

4.625 04/30/2029 4.48% 161,875.00 0.00 161,875.00 0.00
Coupon 10/31/2025 91282CMZ1 0.00 UNITED STATES TREASURY

3.875 04/30/2030 4.05% 155,000.00 0.00 155,000.00 0.00
Coupon 10/31/2025 91282CDG3 0.00 UNITED STATES TREASURY

1.125 10/31/2026 1.25% 17,550.00 0.00 17,550.00 0.00
Total Coupon 0.00 925,089.18 0.00 925,089.18 0.00
Dividend 10/15/2025 90LAIF$00 0.00 Local Agency Investment Fund State Pool 4.15% 6,727.19 0.00 6,727.19 0.00
Dividend 10/31/2025 60934N807 0.00 FEDERATED HRMS GV O
SVC 3.70% 21,947.82 0.00 21,947.82 0.00
Total Dividend 0.00 28,675.01 0.00 28,675.01 0.00
Principal Paydown 10/01/2025 3137BSRE5 6,171.72 FHMS K-059 A2 3.12 09/25/2026 1.98% 6,171.72 -- 6,171.72 (264.23)
Principal Paydown 10/15/2025 437918AC9 219,340.80 HAROT 2024-1 A3 5.21 08/15/2028 5.21% 219,340.80 -- 219,340.80 9.54
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 23

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Principal Paydown 10/15/2025 47800CAC0 120,179.38 JDOT 2023 A3 5.01 11/15/2027 5.01% 120,179.38 -- 120,179.38 21.90
Principal Paydown 10/15/2025 47787JAC2 25,410.34 JDOT 2022 A3 2.32 09/15/2026 2.33% 25,410.34 -- 25,410.34 5.62
Principal Paydown 10/16/2025 36268GAD7 115,710.14 GMCAR 2024-1 A3 4.85 12/18/2028 4.90% 115,710.14 -- 115,710.14 239.56
Principal Paydown 10/25/2025 05611UAD5 171,533.07 BMWLT 2024-1 A3 4.98 03/25/2027 5.01% 171,533.07 -- 171,533.07 154.11
Total Principal
Paydown 658,345.45 658,345.45 -- 658,345.45 166.50

TOTAL OTHER
TRANSACTIONS 4,658,345.45 5,612,109.64 0.00 5,612,109.64 166.50 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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

CASH & EQUIVALENTS
60934N807 FEDERATED HRMS GV O SVC
21,606,922.18
1,986,637.23
28,570,387.47
(8,950,102.52)
21,606,922.18

0.00 43,792.14

0.00 43,792.14

0.00 0.00

0.00 43,792.14
43,792.14
CCYUSD Payable

0.00 (3,300,000.00)

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00
CCYUSD Receivable
123,698.72
3,600,315.21

0.00 0.00
123,698.72

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 21,730,620.90
2,286,952.44
28,570,387.47
(8,950,102.52)
21,730,620.90

0.00 43,792.14

0.00 43,792.14

0.00 0.00

0.00 43,792.14 43,792.14

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
18,784.31

0.00 22,838.47
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: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
02665WFY2 AMERICAN HONDA FINANCE
CORP 4.8 03/05/2030
03/07/2025
03/10/2025
2,000,000.00
3,483,900.00

0.00 (1,493,100.00)
1,990,800.00
12,133.33
7,800.00
14,933.33
10,600.00

0.00 0.00

0.00 10,600.00
10,600.00
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
05611UAD5 BMWLT 2024-1 A3 4.98
03/25/2027
03/25/2024
03/27/2024
1,352,798.30
1,522,961.85

0.00 (171,378.96)
1,351,582.90
1,265.20
6,325.98
1,122.82
6,183.61

0.00 0.00

0.00 6,183.61
6,183.61
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
32,962.50

0.00 49,443.75
16,481.25

0.00 0.00

0.00 16,481.25
16,481.25
141781CF9 CARGILL INC 4.125
10/23/2030
10/20/2025
10/23/2025
2,160,000.00

0.00 2,158,371.65

0.00 2,158,371.65

0.00 0.00
1,980.00
1,980.00

0.00 0.00

0.00 1,980.00
1,980.00
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
11,451.39

0.00 21,555.56
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: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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
21,984.17

0.00 36,321.67
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
9,241.94

0.00 17,163.61
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

0.00 2,487,705.50

0.00 (2,487,705.50)

0.00 22,951.74
28,757.29

0.00 5,805.55

0.00 0.00

0.00 5,805.55
5,805.55
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
48,944.89

0.00 59,741.56
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
2,300.00

0.00 6,612.50
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
12,527.33

0.00 20,697.33
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
30,333.33

0.00 40,333.33
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 0.00
4,287,055.00

0.00 (4,287,055.00)

0.00 8,600.00
9,973.61

0.00 1,373.61

0.00 0.00

0.00 1,373.61
1,373.61
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: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
3137BSRE5 FHMS K-059 A2 3.12
09/25/2026
02/18/2022
02/24/2022
2,992,823.61
3,127,389.82

0.00 (6,435.95)
3,120,953.87
7,797.39
7,797.39
7,781.34
7,781.34

0.00 0.00

0.00 7,781.34
7,781.34
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
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
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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
1,869,289.86
1,980,890.43

0.00 (115,470.58)
1,865,419.85
4,011.35
8,022.71
3,777.52
7,788.88

0.00 0.00

0.00 7,788.88
7,788.88
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
38141GD27 GOLDMAN SACHS GROUP
INC 4.153 10/21/2029 10/21/2025
3,115,000.00

0.00 3,115,396.00

0.00 3,115,396.00

0.00 0.00
3,593.50
3,593.50

0.00 0.00

0.00 3,593.50
3,593.50
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
1,770.27

0.00 12,391.90
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
3,300,000.00

0.00 0.00
3,300,000.00

0.00 0.00
9,916.04
9,916.04

0.00 0.00

0.00 9,916.04
9,916.04
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
38,000.00

0.00 49,875.00
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
2,990,700.00

0.00 0.00
2,990,700.00
5,266.67

0.00 15,141.67
9,875.00

0.00 0.00

0.00 9,875.00
9,875.00
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
437918AC9 HAROT 2024-1 A3 5.21
08/15/2028
02/13/2024
02/21/2024
3,195,890.59
3,415,082.83

0.00 (219,331.26)
3,195,751.57
7,908.16
14,827.80
7,400.26
14,319.90

0.00 0.00

0.00 14,319.90
14,319.90
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
25,005.31
27,956.25
1,708.44
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 0.00
6,272,360.85

0.00 (6,272,360.85)

0.00 13,387.50
15,750.00

0.00 2,362.50

0.00 0.00

0.00 2,362.50
2,362.50
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
79,920.00
87,210.00
7,245.00
14,535.00

0.00 0.00

0.00 14,535.00
14,535.00
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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
5,671.88

0.00 21,140.63
15,468.75

0.00 0.00

0.00 15,468.75
15,468.75
46647PAM8 JPMORGAN CHASE & CO

3.509 01/23/2029
01/18/2024
01/23/2024
2,500,000.00
3,116,157.00

0.00 (755,432.00)
2,360,725.00
21,872.77
6,862.04
23,880.69
8,869.97

0.00 0.00

0.00 8,869.97
8,869.97
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

0.00 25,404.72

0.00 (25,404.72)

0.00 26.20

49.13 0.00

22.93 0.00

0.00 0.00

22.93 22.93
47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
951,584.28
1,071,568.38

0.00 (120,157.48)
951,410.90
2,386.46
4,474.61
2,118.86
4,207.01

0.00 0.00

0.00 4,207.01
4,207.01
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
32,022.99

0.00 39,962.57
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
21,334.61

0.00 29,983.78
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
5,680.00

0.00 7,952.00
2,272.00

0.00 0.00

0.00 2,272.00
2,272.00
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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

0.00 1,975,392.25

0.00 (1,975,392.25)

0.00 29,773.13
33,105.94

0.00 3,332.82

0.00 0.00

0.00 3,332.82
3,332.82
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
1,012.33

0.00 2,798.78
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
49,291.67
52,500.00
5,541.67
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
10,354.17

0.00 14,236.98
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
22,626.58

0.00 33,939.88
11,313.29

0.00 0.00

0.00 11,313.29
11,313.29
61748UAK8 MORGAN STANLEY 4.133
10/18/2029
10/17/2025
10/22/2025
2,900,000.00

0.00 2,900,364.00

0.00 2,900,364.00

0.00 0.00
2,996.43
2,996.43

0.00 0.00

0.00 2,996.43
2,996.43
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
18,187.50

0.00 28,291.67
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
33,861.11

0.00 42,694.44
8,833.33

0.00 0.00

0.00 8,833.33
8,833.33
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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
51,062.56

0.00 64,268.39
13,205.83

0.00 0.00

0.00 13,205.83
13,205.83
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
25,434.00

0.00 34,854.00
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

0.00 1,667,361.40

0.00 (1,667,361.40)

0.00 11,710.88
16,992.25

0.00 5,281.38

0.00 0.00

0.00 5,281.38
5,281.38
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
72,294.44

0.00 87,461.11
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
52,189.58

0.00 64,918.75
12,729.17

0.00 0.00

0.00 12,729.17
12,729.17
74340XCG4 PROLOGIS LP 4.875
06/15/2028 2,000,000.00
3,959,713.70

0.00 (1,989,348.80)
1,970,364.90
57,416.67
34,395.83
36,833.33
13,812.50

0.00 0.00

0.00 13,812.50
13,812.50
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
9,125.00

0.00 18,250.00
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
42,312.50

0.00 50,775.00
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

0.00 3,454,675.00

0.00 (3,454,675.00)

0.00 30,333.33
41,961.11

0.00 11,627.78

0.00 0.00

0.00 11,627.78
11,627.78
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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
25,175.00

0.00 35,112.50
9,937.50

0.00 0.00

0.00 9,937.50
9,937.50
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
6,027.78

0.00 17,329.86
11,302.08

0.00 0.00

0.00 11,302.08
11,302.08
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
56,887.21
58,180.10
8,403.79
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
10,702.34

0.00 13,819.53
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
41,210.13

0.00 56,287.00
15,076.88

0.00 0.00

0.00 15,076.88
15,076.88
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
1,008.36

0.00 2,016.71
1,008.36

0.00 0.00

0.00 1,008.36
1,008.36
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

75.24 0.00
2,407.69
2,332.45

0.00 0.00

0.00 2,332.45
2,332.45
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
14,688.59
17,550.00

96.96 2,958.37

0.00 0.00

0.00 2,958.37
2,958.37
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
54,618.55

0.00 72,824.73
18,206.18

0.00 0.00

0.00 18,206.18
18,206.18
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
91282CFB2 UNITED STATES TREASURY

2.75 07/31/2027
08/22/2022
08/23/2022

0.00 1,277,960.94

0.00 (1,277,960.94)

0.00 6,023.10
8,257.47

0.00 2,234.37

0.00 0.00

0.00 2,234.37
2,234.37
91282CFH9 UNITED STATES TREASURY

3.125 08/31/2027 0.00
3,399,517.58

0.00 (3,399,517.58)

0.00 9,232.56
16,082.53

0.00 6,849.97

0.00 0.00

0.00 6,849.97
6,849.97
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
317.31

0.00 10,153.85
9,836.54

0.00 0.00

0.00 9,836.54
9,836.54
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
59,903.69

0.00 75,001.37
15,097.68

0.00 0.00

0.00 15,097.68
15,097.68
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
68,549.59

0.00 91,399.46
22,849.86

0.00 0.00

0.00 22,849.86
22,849.86
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
41,277.17

0.00 61,915.76
20,638.59

0.00 0.00

0.00 20,638.59
20,638.59
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
23,977.90

0.00 47,955.80
23,977.90

0.00 0.00

0.00 23,977.90
23,977.90
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
85,276.64

0.00 106,769.13
21,492.49

0.00 0.00

0.00 21,492.49
21,492.49
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
7,118.44

0.00 14,236.88
7,118.44

0.00 0.00

0.00 7,118.44
7,118.44
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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
736.95

0.00 23,582.42
22,845.47

0.00 0.00

0.00 22,845.47
22,845.47
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
40,801.63
48,750.00
269.34
8,217.71

0.00 0.00

0.00 8,217.71
8,217.71
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
49,989.75

0.00 62,588.80
12,599.04

0.00 0.00

0.00 12,599.04
12,599.04
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
104,245.92

0.00 138,994.57
34,748.64

0.00 0.00

0.00 34,748.64
34,748.64
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
33,695.65

0.00 50,543.48
16,847.83

0.00 0.00

0.00 16,847.83
16,847.83
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
25,476.52

0.00 50,953.04
25,476.52

0.00 0.00

0.00 25,476.52
25,476.52
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
793.27

0.00 25,384.62
24,591.35

0.00 0.00

0.00 24,591.35
24,591.35
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
135,482.34
161,875.00
894.34
27,287.00

0.00 0.00

0.00 27,287.00
27,287.00
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
66,540.98

0.00 83,311.48
16,770.49

0.00 0.00

0.00 16,770.49
16,770.49
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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
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
42,961.96

0.00 57,282.61
14,320.65

0.00 0.00

0.00 14,320.65
14,320.65
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
24,834.25

0.00 49,668.51
24,834.25

0.00 0.00

0.00 24,834.25
24,834.25
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
817.31

0.00 26,153.85
25,336.54

0.00 0.00

0.00 25,336.54
25,336.54
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
62,382.17

0.00 78,104.51
15,722.34

0.00 0.00

0.00 15,722.34
15,722.34
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
32,221.47

0.00 48,332.20
16,110.73

0.00 0.00

0.00 16,110.73
16,110.73
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
129,728.26
155,000.00
856.35
26,128.09

0.00 0.00

0.00 26,128.09
26,128.09
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
107,540.98

0.00 134,644.81
27,103.83

0.00 0.00

0.00 27,103.83
27,103.83
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
78,342.39

0.00 104,456.52
26,114.13

0.00 0.00

0.00 26,114.13
26,114.13
91282CPA3 UNITED STATES TREASURY

3.625 09/30/2030
10/10/2025
10/14/2025
3,500,000.00

0.00 3,495,625.00

0.00 3,495,625.00

0.00 (4,879.81)
11,153.85
6,274.04

0.00 0.00

0.00 6,274.04
6,274.04
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 37

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
3,497.28

0.00 4,268.74
771.46

0.00 0.00

0.00 771.46
771.46
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
320.54

0.00 1,007.42
686.88

0.00 0.00

0.00 686.88
686.88
Total Fixed Income 378,649,386.64
392,250,627.40
11,669,756.65
(29,718,088.27)
374,202,295.78
2,663,157.44
1,124,397.44
2,780,807.10
1,242,047.09

0.00 0.00

0.00 1,242,047.09 1,242,047.09
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 39,352,170.88
35,039,871.73
27,112,299.15
(22,800,000.00)
39,352,170.88

0.00 312,299.15

0.00 312,299.15

0.00 0.00

0.00 312,299.15
312,299.15
Total LAIF 39,352,170.88
35,039,871.73
27,112,299.15
(22,800,000.00)
39,352,170.88

0.00 312,299.15

0.00 312,299.15

0.00 0.00

0.00 312,299.15 312,299.15
TOTAL PORTFOLIO 439,732,178.42
429,577,451.57
67,352,443.27
(61,468,190.79)
435,285,087.57
2,663,157.44
1,480,488.73
2,780,807.10
1,598,138.38

0.00 0.00

0.00 1,598,138.38 1,598,138.38
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 NOVEMBER 2025
11/03/2025 Coupon 74460DAD1 0.00 PUBLIC STORAGE OPERATING CO 3.385 05/01/2029 50,775.00 50,775.00
11/04/2025 Dividend 60934N807 0.00 FEDERATED HRMS GV O SVC 21,947.82 21,947.82 11/10/2025 Coupon 69371RT71 4,000,000.00 PACCAR FINANCIAL CORP 4.55 05/08/2030 91,000.00 91,000.00 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 7,605.95 7,605.95 11/17/2025 Principal Paydown 36268GAD7 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 109,688.50 109,688.50 11/17/2025 Coupon 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 13,875.49 13,875.49 11/17/2025 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 189,496.91 189,496.91 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 45,119.33 45,119.33 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 3,983.93 3,983.93 11/17/2025 Principal Paydown 47800CAC0 951,584.28 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 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 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 11/25/2025 Coupon 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 5,614.11 5,614.11 11/25/2025 Principal Paydown 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 153,785.57 153,785.57 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 11/25/2025 Coupon 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,781.34 7,781.34 11/25/2025 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 5,875.90 5,875.90 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 658,913.34 609,565.33 1,268,478.67
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
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 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 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 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 13,052.76 13,052.76 12/15/2025 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 180,347.82 180,347.82 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 7,077.55 7,077.55 12/15/2025 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 181,828.31 181,828.31 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 3,441.07 3,441.07 12/15/2025 Principal Paydown 47800CAC0 951,584.28 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 2,000,000.00 PROLOGIS LP 4.875 06/15/2028 48,750.00 48,750.00 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 7,162.62 7,162.62 12/16/2025 Principal Paydown 36268GAD7 1,869,289.86 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 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 4,975.90 4,975.90 12/25/2025 Principal Paydown 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 131,784.23 131,784.23 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 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,766.06 7,766.06 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 12/25/2025 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 6,186.47 6,186.47 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 3,098.35 3,098.35 12/25/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 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 875,206.13 2,005,703.04 2,880,909.16
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 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 01/15/2026 Coupon 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 12,269.75 12,269.75 01/15/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 176,931.98 176,931.98 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 84,289.22 84,289.22 01/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 6,257.80 6,257.80 01/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 181,065.05 181,065.05 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 3,076.39 3,076.39 01/15/2026 Principal Paydown 47800CAC0 951,584.28 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 Dividend 90LAIF$00 39,352,170.88 Local Agency Investment Fund State Pool 101,750.91 101,750.91 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 6,756.33 6,756.33 01/16/2026 Principal Paydown 36268GAD7 1,869,289.86 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 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 2,500,000.00 JPMORGAN CHASE & CO 3.509 01/23/2029 43,862.50 43,862.50 01/26/2026 Coupon 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 4,429.00 4,429.00 01/26/2026 Principal Paydown 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 245,562.72 245,562.72 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 89,701.71 89,701.71 01/26/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 01/26/2026 Coupon 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,749.98 7,749.98 01/26/2026 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 5,892.92 5,892.92 01/26/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,990.70 8,990.70 01/26/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,278.50 5,278.50 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 1,391,583.56 630,524.48 2,022,108.04 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 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
02/16/2026 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 6,370.15 6,370.15 02/16/2026 Principal Paydown 36268GAD7 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 94,522.82 94,522.82 02/16/2026 Coupon 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 11,501.57 11,501.57 02/16/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 174,847.61 174,847.61 02/16/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 7,966.16 7,966.16 02/16/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 107,071.02 107,071.02 02/16/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 5,441.50 5,441.50 02/16/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 122,950.57 122,950.57 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 02/16/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 2,662.26 2,662.26 02/16/2026 Principal Paydown 47800CAC0 951,584.28 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 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 3,409.91 3,409.91 02/25/2026 Principal Paydown 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 194,440.40 194,440.40 02/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 7,620.20 7,620.20 02/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 102,341.56 102,341.56 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 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,734.66 7,734.66 02/25/2026 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 25,226.69 25,226.69 02/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,974.87 8,974.87 02/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,296.51 5,296.51 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 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 02/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 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 1,211,487.50 1,074,408.06 2,285,895.56
MARCH 2026
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 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 2,000,000.00 AMERICAN HONDA FINANCE CORP 4.8 03/05/2030 48,000.00 48,000.00
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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 5,988.12 5,988.12 03/16/2026 Principal Paydown 36268GAD7 1,869,289.86 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 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 10,742.44 10,742.44 03/16/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 169,504.04 169,504.04 03/16/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 7,520.93 7,520.93 03/16/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 103,686.33 103,686.33 03/16/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 4,887.20 4,887.20 03/16/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 139,007.99 139,007.99 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 2,388.45 2,388.45 03/16/2026 Principal Paydown 47800CAC0 951,584.28 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 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 2,602.99 2,602.99 03/25/2026 Principal Paydown 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 198,252.46 198,252.46 03/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 7,178.43 7,178.43 03/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 99,558.69 99,558.69 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 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,669.07 7,669.07 03/25/2026 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 224,088.76 224,088.76 03/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,958.98 8,958.98 03/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 6,492.34 6,492.34 03/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 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 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 03/25/2026 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 03/31/2026 Coupon 91282CPA3 3,500,000.00 UNITED STATES TREASURY 3.625 09/30/2030 63,437.50 63,437.50 March 2026 Total 1,422,910.78 1,696,173.63 3,119,084.40 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 24422EYF0 3,000,000.00 JOHN DEERE CAPITAL CORP 4.375 10/15/2030 65,625.00 65,625.00 04/15/2026 Coupon 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 10,006.51 10,006.51 04/15/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 174,897.97 174,897.97 04/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 7,089.76 7,089.76 04/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 109,104.41 109,104.41 04/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 4,260.50 4,260.50 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 04/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 244,269.23 244,269.23 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 2,144.14 2,144.14 04/15/2026 Principal Paydown 47800CAC0 951,584.28 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 5,617.93 5,617.93 04/16/2026 Principal Paydown 36268GAD7 1,869,289.86 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
04/20/2026 Coupon 61748UAK8 2,900,000.00 MORGAN STANLEY 4.133 10/18/2029 58,596.76 58,596.76 04/21/2026 Coupon 38141GD27 3,115,000.00 GOLDMAN SACHS GROUP INC 4.153 10/21/2029 64,682.98 64,682.98
04/23/2026 Coupon 141781CF9 2,160,000.00 CARGILL INC 4.125 10/23/2030 44,550.00 44,550.00 04/27/2026 Coupon 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 1,780.24 1,780.24 04/27/2026 Principal Paydown 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 217,561.78 217,561.78 04/27/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 6,748.67 6,748.67 04/27/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 99,854.63 99,854.63 04/27/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 04/27/2026 Coupon 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,086.44 7,086.44 04/27/2026 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 5,405.55 5,405.55 04/27/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,939.50 8,939.50 04/27/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,337.03 5,337.03 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 7,910,912.98 1,188,628.43 9,099,541.41 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 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 9,247.16 9,247.16 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 05/15/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 168,122.43 168,122.43 05/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 6,636.07 6,636.07 05/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 104,611.05 104,611.05 05/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 3,159.26 3,159.26 05/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 219,334.67 219,334.67 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 1,847.11 1,847.11 05/15/2026 Principal Paydown 47800CAC0 951,584.28 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 5,229.28 5,229.28 05/18/2026 Principal Paydown 36268GAD7 1,869,289.86 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 05/20/2026 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 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 877.36 877.36 05/25/2026 Principal Paydown 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 181,771.60 181,771.60 05/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 6,317.63 6,317.63 05/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 96,190.66 96,190.66 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 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,072.38 7,072.38 05/25/2026 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 5,689.68 5,689.68 05/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,923.49 8,923.49 05/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,746.21 5,746.21 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 05/25/2026 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 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 7,078,917.74 580,100.36 7,659,018.09
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 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 8,517.23 8,517.23 06/15/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 164,883.32 164,883.32 06/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 6,201.06 6,201.06 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 06/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 103,012.84 103,012.84 06/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 2,170.42 2,170.42 06/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 210,998.43 210,998.43 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 1,551.67 1,551.67 06/15/2026 Principal Paydown 47800CAC0 951,584.28 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 2,000,000.00 PROLOGIS LP 4.875 06/15/2028 48,750.00 48,750.00 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 4,856.32 4,856.32 06/16/2026 Principal Paydown 36268GAD7 1,869,289.86 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 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 123.00 123.00 06/25/2026 Effective Maturity 05611UAD5 1,352,798.30 BMWLT 2024-1 A3 4.98 03/25/2027 29,639.54 29,639.54 06/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 5,902.41 5,902.41 06/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 89,065.38 89,065.38 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 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,057.59 7,057.59 06/25/2026 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 5,431.66 5,431.66 06/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,906.25 8,906.25 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 06/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,374.92 5,374.92 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 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 4,517,752.79 1,972,840.95 6,490,593.74
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 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 7,801.36 7,801.36 07/15/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 161,310.42 161,310.42 07/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 5,772.70 5,772.70 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 07/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 101,138.78 101,138.78 07/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 1,219.17 1,219.17 07/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 204,782.02 204,782.02 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 1,293.23 1,293.23 07/15/2026 Principal Paydown 47800CAC0 951,584.28 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 4,489.09 4,489.09 07/16/2026 Principal Paydown 36268GAD7 1,869,289.86 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 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 2,500,000.00 JPMORGAN CHASE & CO 3.509 01/23/2029 43,862.50 43,862.50 07/27/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 5,517.94 5,517.94 07/27/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 87,233.95 87,233.95 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 730,738.59 730,738.59 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 07/27/2026 Coupon 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 7,043.47 7,043.47 07/27/2026 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 17,593.76 17,593.76 07/27/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,890.13 8,890.13 07/27/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,782.71 5,782.71 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 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 4,186,712.70 914,387.36 5,101,100.06
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 08/07/2026 Coupon 63743HFN7 2,500,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.85 02/07/2029 60,625.00 60,625.00
08/17/2026 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 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 4,128.58 4,128.58 08/17/2026 Principal Paydown 36268GAD7 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 86,759.58 86,759.58 08/17/2026 Coupon 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 7,101.00 7,101.00 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 08/17/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 156,689.12 156,689.12 08/17/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 5,352.13 5,352.13 08/17/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 98,350.42 98,350.42 08/17/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 295.95 295.95 08/17/2026 Effective Maturity 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 65,644.39 65,644.39 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 951,584.28 JDOT 2023 A3 5.01 11/15/2027 1,025.63 1,025.63 08/17/2026 Principal Paydown 47800CAC0 951,584.28 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 5,141.38 5,141.38 08/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 84,975.47 84,975.47 08/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 1,700.71 1,700.71 08/25/2026 Final Maturity 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 769,261.41 769,261.41 08/25/2026 Coupon 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 6,997.72 6,997.72 08/25/2026 Principal Paydown 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 489,217.43 489,217.43 08/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,872.78 8,872.78 08/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,413.05 5,413.05 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 373.65 373.65 08/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 08/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 08/25/2026 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
08/31/2026 Coupon 91282CCW9 1,570,000.00 UNITED STATES TREASURY 0.75 08/31/2026 5,887.50 5,887.50 08/31/2026 Final Maturity 91282CCW9 1,570,000.00 UNITED STATES TREASURY 0.75 08/31/2026 1,570,000.00 1,570,000.00 08/31/2026 Coupon 91282CGP0 7,000,000.00 UNITED STATES TREASURY 4.0 02/29/2028 140,000.00 140,000.00 08/31/2026 Coupon 91282CHX2 1,900,000.00 UNITED STATES TREASURY 4.375 08/31/2028 41,562.50 41,562.50 08/31/2026 Coupon 91282CKD2 7,000,000.00 UNITED STATES TREASURY 4.25 02/28/2029 148,750.00 148,750.00 08/31/2026 Coupon 91282CLK5 8,000,000.00 UNITED STATES TREASURY 3.625 08/31/2029 145,000.00 145,000.00 August 2026 Total 3,888,620.14 1,202,041.61 5,090,661.75 SEPTEMBER 2026
09/08/2026 Coupon 02665WFY2 2,000,000.00 AMERICAN HONDA FINANCE CORP 4.8 03/05/2030 48,000.00 48,000.00
09/14/2026 Coupon 58989V2D5 1,715,000.00 MET TOWER GLOBAL FUNDING 1.25 09/14/2026 10,718.75 10,718.75
09/14/2026 Final Maturity 58989V2D5 1,715,000.00 MET TOWER GLOBAL FUNDING 1.25 09/14/2026 1,715,000.00 1,715,000.00
09/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 09/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 09/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 09/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 09/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 09/15/2026 Effective Maturity 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 3,645,000.00 3,645,000.00 09/15/2026 Coupon 26442UAH7 1,500,000.00 DUKE ENERGY PROGRESS LLC 3.45 03/15/2029 25,875.00 25,875.00 09/15/2026 Coupon 437076DJ8 3,000,000.00 HOME DEPOT INC 3.95 09/15/2030 59,250.00 59,250.00 09/15/2026 Coupon 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 6,420.71 6,420.71 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 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 09/15/2026 Principal Paydown 437918AC9 3,195,890.59 HAROT 2024-1 A3 5.21 08/15/2028 133,612.84 133,612.84 09/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 4,943.16 4,943.16 09/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 92,357.71 92,357.71 09/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 09/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 7,419.52 7,419.52 09/15/2026 Principal Paydown 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 245,227.06 245,227.06 09/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 6,724.47 6,724.47 09/15/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 106,187.88 106,187.88 09/15/2026 Coupon 47800CAC0 951,584.28 JDOT 2023 A3 5.01 11/15/2027 776.98 776.98 09/15/2026 Principal Paydown 47800CAC0 951,584.28 JDOT 2023 A3 5.01 11/15/2027 57,593.04 57,593.04 09/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 09/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 2,216.65 2,216.65 09/15/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 108,864.28 108,864.28 09/15/2026 Coupon 880591EZ1 3,500,000.00 TENNESSEE VALLEY AUTHORITY 3.875 03/15/2028 67,812.50 67,812.50
09/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 09/16/2026 Coupon 36268GAD7 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 3,777.93 3,777.93 09/16/2026 Principal Paydown 36268GAD7 1,869,289.86 GMCAR 2024-1 A3 4.85 12/18/2028 77,822.00 77,822.00 09/17/2026 Coupon 931142ER0 785,000.00 WALMART INC 1.05 09/17/2026 4,121.25 4,121.25 09/17/2026 Final Maturity 931142ER0 785,000.00 WALMART INC 1.05 09/17/2026 785,000.00 785,000.00 09/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 3,499.01 3,499.01 09/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 67,900.60 67,900.60 09/21/2026 Coupon 459058LR2 4,500,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 92,812.50 92,812.50
09/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 4,774.57 4,774.57 09/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 83,452.22 83,452.22 09/25/2026 Coupon 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 5,725.76 5,725.76 09/25/2026 Final Maturity 3137BSRE5 2,992,823.61 FHMS K-059 A2 3.12 09/25/2026 2,202,214.79 2,202,214.79 09/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,856.54 8,856.54 09/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,431.49 5,431.49 09/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,748.96 16,748.96 09/25/2026 Principal Paydown 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 10,468.30 10,468.30 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 59

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 09/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 09/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 09/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 09/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 09/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 09/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 09/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 09/28/2026 Coupon 40139LBJ1 3,050,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 63,729.75 63,729.75
09/30/2026 Coupon 91282CCZ2 3,130,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,693.75 13,693.75 09/30/2026 Final Maturity 91282CCZ2 3,130,000.00 UNITED STATES TREASURY 0.875 09/30/2026 3,130,000.00 3,130,000.00 09/30/2026 Coupon 91282CFM8 2,800,000.00 UNITED STATES TREASURY 4.125 09/30/2027 57,750.00 57,750.00 09/30/2026 Coupon 91282CJA0 5,800,000.00 UNITED STATES TREASURY 4.625 09/30/2028 134,125.00 134,125.00 09/30/2026 Coupon 91282CKG5 7,000,000.00 UNITED STATES TREASURY 4.125 03/31/2029 144,375.00 144,375.00 09/30/2026 Coupon 91282CLN9 8,500,000.00 UNITED STATES TREASURY 3.5 09/30/2029 148,750.00 148,750.00 09/30/2026 Coupon 91282CPA3 3,500,000.00 UNITED STATES TREASURY 3.625 09/30/2030 63,437.50 63,437.50 September 2026
Total 12,466,132.21 1,177,232.51 13,643,364.71
Grand Total 1,833,008,887.21 45,609,149.86 13,051,605.75 58,660,755.60 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/06/2025 12:05:53 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 60

IMPORTANT DISCLOSURES
City of Corona Cons Account | Account #10003 | As of October 31, 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: F2843FF1-6FAB-4D57-A098-6F7D21392C12

* 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 43,980,000.00 42,649,669.93 42,247,468.65 9.67% 3.03 1108 4.04Agency 6,500,000.00 6,553,041.00 6,480,115.00 1.49% 2.51 916 3.59Agency CMBS 47,415,000.00 46,488,501.48 44,995,496.36 10.54% 2.66 972 3.87Cash 123,698.72 123,698.72 123,698.72 0.03% 0.00 0 0.00Corporate 101,337,000.00 101,632,682.22 100,095,631.44 23.04% 3.34 1220 4.14LAIF 39,352,170.88 39,352,170.88 39,352,170.88 8.92% 0.00 0 --- Money Market Fund 21,606,922.18 21,606,922.18 21,606,922.18 4.90% 0.00 0 --- Municipal Bonds 4,395,000.00 4,507,120.84 4,418,161.65 1.02% 3.75 1370 3.76Supranational 15,390,000.00 15,397,773.57 15,272,173.80 3.49% 2.66 970 3.83US Treasury 161,370,000.00 162,737,776.87 160,693,248.88 36.90% 3.22 1177 3.64--- 441,469,791.78 441,049,357.69 435,285,087.57 100.00% 2.70 986 3.85 Corona Supplemental City of Corona ConsAgg (362432)As of 10/31/2025 Dated: 11/06/2025 1 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

MONTHLY ACCOUNT STATEMENT
City of Corona Pension Stabilization Trust | Account #10952 | As of October 31, 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: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 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 0.85% 5.76% 12.05% 12.98% 20.84% 14.63% -- -- 12.68% Benchmark Return 1.34% 5.50% 13.89% 14.39% 17.96% 13.88% -- -- 10.09% **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
09/30/2025
End Values as of
10/31/2025
Market Value 58,127,386.28 58,619,026.87
Accrued Interest 0.00 0.00
Total Market Value 58,127,386.28 58,619,026.87
Income Earned 197,972.20 57,542.16
Cont/WD 0.00 0.00
Par 724,475.58 760,495.42
Book Value 44,459,023.73 44,495,043.57
Cost Value 44,459,023.73 44,495,043.57

TOP ISSUERS
iShares Trust - iShares Core S&P 500 33.39%
Vanguard Bond Index Funds - Vanguard 15.27%
iShares Trust - iShares Core S&P Mid 14.57%
Vanguard Index Funds - Vanguard Smal 11.63%
Vanguard Tax-Managed Funds - Vanguar 11.03%
Vanguard Specialized Funds - Vanguar 7.24%
Total 93.13%
Asset Allocation
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 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 18.0 Compliant
Min % (MV; Cash & Fixed Income) 10.0 18.0 Compliant

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

EQUITIES
Max % (MV) 80.0 72.7 Compliant
Min % (MV) 50.0 72.7 Compliant

FIXED INCOME
Max % (MV; Cash & Fixed Income) 30.0 18.0 Compliant
Min % (MV; Cash & Fixed Income) 10.0 18.0 Compliant
Min Rating (BBB- by 1) 0.0 0.0 Compliant
REITS
Max % (MV) 15.0 9.3 Compliant
Min % (MV) 0.0 9.3 Compliant
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 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 238,275.42 --

0.00%
238,275.42
238,275.42

1.00 0.00%
238,275.42

0.00 0.41%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 238,275.42 0.00%
238,275.42
238,275.42

1.00 0.00%
238,275.42

0.00 0.41%

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

54.97 0.00%
1,234,076.50

0.00 2.11%
349,169.39
NA/NA
NA 0.00
Total Emerging
Market Equity 22,450.00 0.00%
884,907.12
884,907.12

54.97 0.00%
1,234,076.50

0.00 2.11%
349,169.39 0.00

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

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

60.98 0.00%
6,463,880.00

0.00 11.03%
1,789,567.88
NA/NA
NA 0.00
Total International
Equity 106,000.00 0.00%
4,674,312.12
4,674,312.12

60.98 0.00%
6,463,880.00

0.00 11.03%
1,789,567.88 0.00

INTERNATIONAL

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

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

47.14 0.00%
1,193,349.10

0.00 2.04%
149,583.99
NA/NA
NA 0.00
Total International
Real Estate 25,315.00 0.00%
1,043,765.11
1,043,765.11

47.14 0.00%
1,193,349.10

0.00 2.04%
149,583.99 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
685.23

0.00%
19,570,168.80

0.00 33.39%
7,674,406.26
NA/NA
NA 0.00
Total Large Cap US
Equity 28,560.00 0.00%
11,895,762.54
11,895,762.54
685.23

0.00%
19,570,168.80

0.00 33.39%
7,674,406.26 0.00

MID CAP US
EQUITY
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 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
464287507 ISHARES:CORE S&P MD-CP 131,550.00 --

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

64.93 0.00%
8,541,541.50

0.00 14.57%
2,119,443.21
NA/NA
NA 0.00
Total Mid Cap US
Equity 131,550.00 0.00%
6,422,098.29
6,422,098.29

64.93 0.00%
8,541,541.50

0.00 14.57%
2,119,443.21 0.00

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

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

89.18 0.00%
4,244,968.00

0.00 7.24%
101,184.45
NA/NA
NA 0.00
Total Real Estate 47,600.00 0.00%
4,143,783.55
4,143,783.55

89.18 0.00%
4,244,968.00

0.00 7.24%
101,184.45 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
254.99

0.00%
6,819,707.55

0.00 11.63%
1,675,687.36
NA/NA
NA 0.00
Total Small Cap US
Equity 26,745.00 0.00%
5,144,020.19
5,144,020.19
254.99

0.00%
6,819,707.55

0.00 11.63%
1,675,687.36 0.00

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

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

74.58 0.00%
8,949,600.00

0.00 15.27%
214,010.72
NA/NA
NA 0.00
Total US Core
Bonds 120,000.00 0.00%
8,735,589.28
8,735,589.28

74.58 0.00%
8,949,600.00

0.00 15.27%
214,010.72 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

97.39 0.00%
1,363,460.00

0.00 2.33%
50,930.05
NA/NA
NA 0.00
Total US High Yield
Bonds 14,000.00 0.00%
1,312,529.95
1,312,529.95

97.39 0.00%
1,363,460.00

0.00 2.33%
50,930.05 0.00
Total Portfolio 760,495.42 0.00%
44,495,043.57
44,495,043.57
296.85

0.00%
58,619,026.87

0.00 100.00%
14,123,983.30

0.00 0.00
Total Market Value
+ Accrued 58,619,026.87
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 6

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

TRANSACTIONS
Equity Dividend 10/03/2025 921937835 0.00 VANGUARD TOT BD ETF 0.00% 28,479.36 0.00 28,479.36 0.00 Equity Dividend 10/06/2025 78468R622 0.00 SPDR BBG HIGH YIELD BD 0.00% 7,527.73 0.00 7,527.73 0.00 Total Equity
Dividend 0.00 36,007.09 0.00 36,007.09 0.00
Other Income 10/15/2025 CCYUSD 9.77 Cash 0.00% 9.77 0.00 9.77 0.00 Other Income 10/15/2025 CCYUSD 2.98 Cash 0.00% 2.98 0.00 2.98 0.00 Total Other
Income 12.75 12.75 0.00 12.75 0.00

TOTAL OTHER
TRANSACTIONS 12.75 36,019.84 0.00 36,019.84 0.00
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 7

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
238,275.42
180,720.51

0.00 0.00
238,275.42

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 CCYUSD Receivable

0.00 21,535.07

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 238,275.42
202,255.58

0.00 0.00
238,275.42

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 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 464287507 ISHARES:CORE S&P MD-CP
131,550.00
6,422,098.29

0.00 0.00
6,422,098.29

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 78468R622 SPDR BBG HIGH YIELD BD
14,000.00
1,312,529.95

0.00 0.00
1,312,529.95

0.00 7,527.73

0.00 7,527.73

0.00 0.00

0.00 7,527.73
7,527.73
921937835 VANGUARD TOT BD ETF
120,000.00
8,735,589.28

0.00 0.00
8,735,589.28

0.00 28,479.36

0.00 28,479.36

0.00 0.00

0.00 28,479.36
28,479.36
921943858 VANGUARD DEV MKT ETF
106,000.00
4,674,312.12

0.00 0.00
4,674,312.12

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 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
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 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 922908553 VANGUARD RE IDX ETF
47,600.00
4,143,783.55

0.00 0.00
4,143,783.55

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 922908751 VANGUARD S-C ID ETF
26,745.00
5,144,020.19

0.00 0.00
5,144,020.19

0.00 21,535.07

0.00 21,535.07

0.00 0.00

0.00 21,535.07
21,535.07
Total Equity 522,220.00
44,256,768.15

0.00 0.00
44,256,768.15

0.00 57,542.16

0.00 57,542.16

0.00 0.00

0.00 57,542.16 57,542.16
TOTAL PORTFOLIO 760,495.42
44,459,023.73

0.00 0.00
44,495,043.57

0.00 57,542.16

0.00 57,542.16

0.00 0.00

0.00 57,542.16 57,542.16
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 9

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount Grand Total
Docusign Envelope ID: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 10

IMPORTANT DISCLOSURES
City of Corona Pension Stabilization Trust | Account #10952 | As of October 31, 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.

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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: F2843FF1-6FAB-4D57-A098-6F7D21392C12

Execution Time: 11/04/2025 06:45:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 11

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: F2843FF1-6FAB-4D57-A098-6F7D21392C12

DATE: 01/07/2026
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
2026-14

REQUEST FOR CITY COUNCIL ACTION
SUBJECT:

CONSTRUCTION CONTRACT WITH COPP CONTRACTING, INC. FOR THE

SIDEWALK GAP CLOSURE AT EAST CHASE DRIVE AND SMITH AVENUE EXECUTIVE SUMMARY:

This staff report asks the City Council to approve the construction contract with Copp Contracting, Inc. for the Sidewalk Gap Closure at Chase Drive and Smith Avenue, Capital Improvement Project No. ST-2022-14, in the amount of $570,464. The Project involves the installation of sidewalks, curb and gutter, and street lighting.

RECOMMENDED ACTION:

That the City Council:
a. Adopt Plans and Specifications for the Sidewalk Gap Closure at Chase Drive and Smith Avenue, Capital Improvement Project No. ST-2022-14, Notice Inviting Bids NIB 26-014AT.
b. Award Notice Inviting Bids 26-014AT to Copp Contracting, Inc., the lowest responsive, responsible bidder, for the total bid amount of $570,464, and waive any and all minor irregularities in the bidding document as submitted by said bidder.

c. Approve the construction contract with Copp Contracting, Inc. for the Sidewalk Gap Closure at Chase Drive and Smith Avenue, Capital Improvement Project No. ST2022-14, in the amount of $570,464. d. Authorize the City Manager, or his designee, to execute the construction contract with Copp Contracting, Inc., in the amount of $570,464, including any nonsubstantive extensions, change orders, purchase orders, and amendments up to 10%, which is equivalent to $57,046 as authorized by Corona Municipal Code

3.08.050 (H).
e. Authorize the City Manager, or his designee, to issue a purchase order to Copp Contracting, Inc., in the amount of $570,464.
f. Authorize a budgetary transfer in the amount of $377,015 from the Citywide ADA and Sidewalk Improvements, Capital Improvement Project No. ST-2025-05 to the Sidewalk Gap Closure at Chase Drive and Smith Avenue, Capital Improvement Project No. ST-2022-14 within the Measure X Fund 120 to cover the increase in construction cost due to inflation and the addition of streetlights to the Project.

BACKGROUND & HISTORY:

City of Corona staff applied for the Transportation Development Act (TDA), Article 3 (SB 821) Bicycle and Pedestrian Facilities Program funding administered by the Riverside County Transportation Commission (RCTC). Through a competitive process, Corona was awarded $432,500 in grant funds. The City contributed $76,500 for the grant’s local match.

The Project proposes to construct sidewalks, curb ramps, curb and gutter, and streetlights. Constructing these pedestrian facilities will improve safety, mobility, and accessibility. for the community in the vicinity of Chase Drive and Thacker Drive, serving the students who walk to Susan B. Anthony Elementary School. Additionally, a sidewalk gap along Smith Avenue will be filled. The Project includes multidimensional goals, such as restoring public spaces, enhancing public health by constructing missing low-stress pedestrian pathways, and promoting walking.

This item supports the City’s Strategic Plan Goal 3: Sound Infrastructure with the objective of ensuring that City infrastructure – including streets, municipal facilities, water and wastewater systems, and technology is well maintained for current and future generations. Additionally, this project supports Corona’s General Plan: Retrofit and improve existing streetscapes with pedestrian improvements, sidewalks, specialty pavements, benches, and other features to encourage walkability (LU-17.20).

ANALYSIS:

The Plans and Specifications for the project were completed and reviewed by City staff and are ready for adoption and award. As specified in the notice of inviting bids package, the City shall award the contract for the Project to the lowest responsive, responsible

bidder as determined by the lowest total for the base bid. As part of the competitive bid by the lowest bidder, staff recommend the award of the contract to Copp Contracting, Inc.

The project was advertised on October 30th, 2025, soliciting bids, pursuant to Corona Municipal Code section 3.08.090, Public projects formal bidding procedure, and purchasing policy through the City's PlanetBids (bidding online portal). A total of 357 registered vendors were notified via the PlanetBids website, along with 700 PlanetBids Network vendors through BidBroadcast. On November 20th, seventeen (17) bids were received through the City’s PlanetBids bidding portal for the Project as shown in the table below.

The following is a summary of the bid results and the Engineer’s Estimate:

Contractor’s Name Location BID Schedule
Engineer’s Estimate $696,980.00
Copp Contracting, Inc. Buena Park, CA $570,464.00
Hillcrest Contracting Corona, CA $581,558.00
Estate Design and Construction, Inc. Los Angeles, CA $589,700.00 Voltaire Engineering Redlands, CA $610,977.00
S&H Civilworks Riverside, CA $612,500.00
Garcon Construction, Inc. Ontario, CA $617,696.00
Siterep Construction Services Inc. San Dimas, CA $618,316.00 All American Asphalt Corona, CA $638,290.75
Roadway Engineering & Construction Corp. Perris, CA $639,855.00 FS Contractors, Inc. Sylmar, CA $648,840.00
Paveco Construction, Inc. Balwin Park, CA $670,240.00
Sequel Contractors, Inc. Santa Fe Springs, CA $685,400.00 Marjani Builders, Inc. Rancho Mission Viejo, CA $686,200.00 Onyx Paving Company, Inc. Yorba Linda, CA $733,000.00
Vido Samarzich, Inc. Santa Ana, CA $778,540.00
CT&T Concrete Paving Inc. Diamond Bar, CA $957,339.44
JPB Designs Inc. Orangevale, CA $959,800.00
A bidder is responsible if they possess the experience, facilities, reputation, financial resources, and demonstrated capability to fulfill contract. Staff has reviewed all bids received and recommends awarding the contract to Copp Contractors, Inc., the lowest responsive and responsible bidder, based on the Bid Schedule, for a total contract amount of $570,464. All licenses and references for Copp Contractors Inc. have been reviewed and verified by Staff, and all other documentation is in order.

FINANCIAL IMPACT:

Partial funding is available in the Rideshare Trip Reduction Fund 224 and the Public Works Grants/Agreement Fund 243.

The City received $432,500 in SB 821 funds; the City is responsible for contributing a local match of $76,500, for a total original grant amount of $509,000. The City is also responsible for any additional costs due to inflation or additional scope the project may incur. The Project also includes design, construction and construction management costs of the proposed improvements.

Since the Project is adding street lighting to the original scope, and inflation has affected the construction cost, the City will need to provide additional funding in the amount of $377,015 to construct the project.

Approval of the recommended actions will result in a budgetary transfer in the amount of $377,015 from the Citywide ADA and Sidewalk Improvements, Capital Improvement Project No. ST-2025-05 to the Sidewalk Gap Closure at Chase Drive and Smith Avenue, Capital Improvement Project No. ST-2022-14 within the Measure X Fund 120.

The estimated construction cost for this project is outlined as follows:

Construction
……………………………………………………………….………………...…………
$570,464
Construction Contract Change Orders (10%)
……………………..………………..…………. $57,046
Consultant and City Staff Construction Support Services (15%) ………..………..……… $85,570
Total Construction Costs
…………………………………………….……………….……….. $713,080
ENVIRONMENTAL ANALYSIS:

This action is categorically exempt pursuant to Section 15301 of the Guidelines for the California Environmental Quality Act (CEQA), which states that 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 beyond that existing at the time of the CEQA determination.

These actions involve constructing missing roadway appurtenances such as curb, gutter, sidewalk and street lights adjacent to an existing roadway. Therefore, no environmental analysis is required, and staff has filed a Notice of Exemption with the County of Riverside.

PREPARED BY: GERARDO SANABRIA, ASSOCIATE ENGINEER
REVIEWED BY: SAVAT KHAMPHOU, PUBLIC WORKS DIRECTOR
ATTACHMENTS:

1. Exhibit 1 - Construction Contract

2. Exhibit 2 - Location Map

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 Copp Contracting, Inc. hereinafter called Contractor. The City and the Contractor 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:

SIDEWALK GAP CLOSURE AT CHASE DRIVE AND SMITH AVENUE,
Project No. ST-2022-14, NIB No. 26-014AT
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 10 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 45 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 Five Hundred Seventy Thousand Four Hundred and Sixty-Four Dollars Only ($570,464) 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 $1,600 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 Docusign Envelope ID: 07467D10-4B1F-4AAA-B55C-314176F3FCF5 Docusign Envelope ID: 01277672-76B8-4996-9043-3C32DC0BDCA1 Docusign Envelope ID: 95906FDB-C451-43A7-96D9-435CD5980B3F

Bid Bond
Designation of Subcontractors
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. If the Work involves Docusign Envelope ID: 07467D10-4B1F-4AAA-B55C-314176F3FCF5 Docusign Envelope ID: 01277672-76B8-4996-9043-3C32DC0BDCA1 Docusign Envelope ID: 95906FDB-C451-43A7-96D9-435CD5980B3F

federal funds or otherwise requires compliance with the Davis-Bacon Fair Labor Standards Act, the Contractor and all its subcontractors shall comply with the higher of the state or federal prevailing wage rates.
[REMAINDER OF PAGE LEFT INTENTIONALLY BLANK
SIGNATURES ON FOLLOWING PAGE]
Docusign Envelope ID: 07467D10-4B1F-4AAA-B55C-314176F3FCF5 Docusign Envelope ID: 01277672-76B8-4996-9043-3C32DC0BDCA1 Docusign Envelope ID: 95906FDB-C451-43A7-96D9-435CD5980B3F

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, P.E.

Public Works Director
Reviewed By:

______________________________
Javier Luna, P.E.,
CIP Manager/Assistant City Engineer
Reviewed By:

______________________________
Keegan Olds, P.E.,
CIP Supervisor
Reviewed By:

______________________________
Gerardo Sanabria
Associate Engineer
Reviewed By:

______________________________
Nicole McDaniel
Assistant to City Manager
Acting Purchasing Manager
Attest:
______________________________
Sylvia Edwards, City Clerk
City of Corona, California
Copp Contracting, Inc.

By:
______________________________
Ezekiel A. Copp
President
384209
License Number
By:
______________________________
Erlinda Copp
Secretary

Docusign Envelope ID: 07467D10-4B1F-4AAA-B55C-314176F3FCF5 Docusign Envelope ID: 01277672-76B8-4996-9043-3C32DC0BDCA1 Docusign Envelope ID: 95906FDB-C451-43A7-96D9-435CD5980B3F

DATE: 01/07/2026
TO: Honorable Mayor and City Council Members
FROM: Fire Department
2026-15

REQUEST FOR CITY COUNCIL ACTION
SUBJECT:

AUTHORIZE PURCHASE OF 1 PIERCE FIRE ENGINE (PUMPER) FROM SOUTH

COAST FIRE EQUIPMENT VIA SOURCEWELL CO-OP
EXECUTIVE SUMMARY:

This report seeks City Council authorization to approve the purchase of one (1) Pierce Manufacturing fire engine (pumper) from South Coast Fire Equipment in the amount of $1,453,033. This new fire engine (pumper) will replace an aging fire engine (pumper) that has reached the end of its useful life cycle.

RECOMMENDED ACTION:

That the City Council:
a. Authorize the purchase of one (1) new vehicle from South Coast Fire Equipment for the Fire Department in the amount of $1,453,033.
b. Authorize the City Manager, or his designee, to issue a purchase order to South Coast Fire Equipment in the amount of $1,453,033, including any non-substantive 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 $145,303.

c. Authorize an appropriation in the amount of $1,598,337 from the Fleet Replacement Fund 684 to the Vehicle Procurement-Fire Operating and Maintenance Project No. 68342.

BACKGROUND & HISTORY:

Annually, the Corona Fire Department evaluates and identifies apparatus for replacement in accordance with Administrative Policy No. 09100.508, Vehicle Equipment Replacement, as well as the American Public Works Association (APWA) vehicle assessment criteria. Unit 63002, a Type 1 2005 engine, is currently utilized as a reserve engine in the Fire Department fleet. For context, Type 1 engines are utilized for standard fire suppression actions, while Type 3 and Type 6 engines are most commonly employed for wildland fire suppression.

At 20 years old, Unit 63002 exceeds the City’s established 15-year replacement threshold outlined in Administrative Policy No. 09100.508. The unit also scores 53 on the APWA assessment, qualifying it for immediate replacement, as a score above 28 points warrants action. The APWA scoring methodology evaluates six factors: age, mileage/hours, reliability, maintenance and repair costs, overall condition, and service type. Unit 63002 is classified under “severe duty,” a designation for equipment that operates in harsh, highdemand environments such as emergency response. These conditions involve extended operational periods, exposure to extreme environments, and significant mechanical stress, all of which require a high degree of reliability.

ANALYSIS:

The proposed Pierce fire engine (pumper) closely aligns with the Fire Department’s existing apparatus specifications, utilizing the same major components, including the engine, transmission, suspension, and pump. This standardization supports operational familiarity and ensures compatibility across the fleet and supports long-term efficiency in training and maintenance.

In addition, Pierce has committed to a significantly accelerated build schedule. While comparable manufacturers are currently quoting industry-standard production times of 36 to 48 months, Pierce has committed to a 24-month build timeline. This reduced lead time allows the new pumper to be placed into service much sooner, supporting operational readiness and ensuring the timely replacement of the existing pumper.

FINANCIAL IMPACT:

Approval of the recommended actions will result in an appropriation in the amount of $1,598,337 to the Vehicle Procurement-Fire Operating and Maintenance Project No 68342. There is sufficient fund balance available for the recommended actions. Payment for the new fire engine (pumper) will be made in full upon delivery, anticipated in 24 months.

Exception to Competitive Bidding
City staff recommends that an exception to competitive bidding is warranted for this purchase pursuant to Corona Municipal Code (CMC) Section 3.08.125(A), which states "Competitive bidding already completed. When the purchasing agent and the authorized contracting party, with the approval of the City Manager, determines that:

1. A competitive bid procedure has been conducted by another public agency, including, but not limited to, another local agency, the state through the California Multiple Award Schedule (CMAS), the federal government through the General Services Administration (GSA), the U.S. Communities Government Purchasing Alliance, or the Western States Contracting Alliance (WSCA); and

2. The price to the City is equal to or better than the price to that public agency." On October 12, 2021, a Request for Proposals (“RFP”) #113021, was published on the cooperative purchasing program, Sourcewell website, inviting interested parties to submit proposals for Firefighting Apparatus and Fire Service Vehicles. Sourcewell received and opened 33 proposals by the due date of November 30, 2021.

All responses were evaluated by Sourcewell staff. Nine proposals were recommended and approved for award on February 15, 2022.

The City pursues cooperative purchasing agreements to save time, reduce administrative costs, enhance operational efficiency, and stretch budget resources through competitively negotiated pricing. By using cooperative purchasing, the City leverages a solicitation previously conducted by another government agency, enabling the City to take advantage of a vetted and competitively awarded contract.

Based on this previously conducted bid process by Sourcewell, the Corona Fire Department requests approval to purchase the Pierce Manufacturing fire engine (pumper) in the amount of $1,453,033.

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 commonsense exemption 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 activity is not subject to CEQA. This action involves the purchase of a vehicle that meets California and federal emissions standards and there is no possibility that approving this project will have a significant effect on the environment. Therefore, no environmental analysis is required.

PREPARED BY: JUSTIN DETMER, FIRE CAPTAIN
REVIEWED BY: BRIAN YOUNG, FIRE CHIEF
REVIEWED BY: SAVAT KHAMPHOU, PUBLIC WORKS DIRECTOR
ATTACHMENTS:

1. Exhibit 1 – Oshkosh Sourcewell Contract

2. Exhibit 2 – Oshkosh Contract Awarded

3. Exhibit 3 – Sourcewell Request for Proposal

4. Exhibit 4 – Sourcewell Proposal Opening Record

5. Exhibit 5 – Sourcewell Proof of Publication

6. Exhibit 6 – Sourcewell Comment and Review

7. Exhibit 7 – South Coast Fire Equipment Price Letter

8. Exhibit 8 – Pierce Manufacturing Specification

9. Exhibit 9 - Pierce Manufacturing CAD Drawing

10.Exhibit 10 - Apparatus Assessment 63002

113021-OKC
Rev. 3/2021 1
Solicitation Number: RFP #113021

CONTRACT
This Contract is between Sourcewell, 202 12th Street Northeast, P.O. Box 219, Staples, MN 56479 (Sourcewell) and Oshkosh Corporation, 1917 Four Wheel Dr., Oshkosh, WI 54902 (Supplier), and Supplier’s consolidated subsidiaries as defined in the Proposal.

Sourcewell is a State of Minnesota local government unit and service cooperative created under the laws of the State of Minnesota (Minnesota Statutes Section 123A.21) that offers cooperative procurement solutions to government entities. Participation is open to eligible federal, state/province, and municipal governmental entities, higher education, K-12 education, nonprofit, tribal government, and other public entities located in the United States and Canada.

Sourcewell issued a public solicitation for Firefighting Apparatus and Fire Service Vehicles from which Supplier was awarded a contract.

Supplier desires to contract with Sourcewell to provide equipment, products, or services to Sourcewell and the entities that access Sourcewell’s cooperative purchasing contracts (Participating Entities).

1. TERM OF CONTRACT
A. EFFECTIVE DATE. This Contract is effective upon the date of the final signature below.

B. EXPIRATION DATE AND EXTENSION. This Contract expires February 10, 2026, unless it is cancelled sooner pursuant to Article 22. This Contract may be extended one additional year upon the request of Sourcewell and written agreement by Supplier.

C. SURVIVAL OF TERMS. Notwithstanding any expiration or termination of this Contract, all payment obligations incurred prior to expiration or termination will survive, as will the following: Articles 11 through 14 survive the expiration or cancellation of this Contract. All other rights will cease upon expiration or termination of this Contract.

2. EQUIPMENT, PRODUCTS, OR SERVICES
A. EQUIPMENT, PRODUCTS, OR SERVICES. Supplier will provide the Equipment, Products, or Services as stated in its Proposal submitted under the Solicitation Number listed above.