Att A - Shuster Advisory Group Statement — San Pablo City Council, November 17, 2025

Quarterly Treasurer's Report (9/30/2025)
City of San Pablo
Historical Cost Amortized Cost Market Value Unrealized Gain / Loss
Weighted Average
Final Maturity (Days)
Weighted Average Life
(Years)
Percent
of Portfolio
Weighted Average
Effective Duration
Cash & Cash Equivalents $8,787,022.61 $8,787,022.61 $8,787,022.61 $0.00 1 0 9.83% 0.00 Corportate Bonds $23,673,482.70 $23,673,237.06 $23,988,065.36 $314,828.30 1216 3.33 26.84% 2.56 Agency Securities $30,258,279.18 $30,088,739.04 $30,359,660.15 $270,921.11 2512 2.73 33.96% 1.81 U.S Treasuries $24,886,801.16 $24,886,756.01 $25,254,138.34 $367,382.33 767 2.1 28.30% 1.96 Municipal Bonds $1,000,010.00 $1,000,010.00 $1,001,100.00 $1,090.00 609 1.67 1.12% 1.60 Total $88,605,595.65 $88,435,764.72 $89,389,986.46 $954,221.74 1403 2.43 100% 1.87 Shuster Advisory Group, LLC (“Shuster”), is a Securities & Exchange Commission Registered Investment Advisor. This material has been prepared for informational and summary purposes only and is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. Past performance is not a guarantee of future results.

1 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Account Number
4357-7154
Schwab One® Account of

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
1000 GATEWAY AVE
SAN PABLO CA 94806-3722
09/30-00000-AC115-REG91216-172
This Statement YTD
Beginning Account Value $56,900,877.49 $0.00
Deposits 295,384.79 60,295,385.79
Withdrawals 0.00 (3,000,000.00)
Dividends and Interest 167,701.92 189,747.56
Transfer of Securities 32,090,653.67 32,090,653.67
Market Appreciation/(Depreciation) (59,632.59) (180,801.74) Expenses (4,999.99) (4,999.99)
Ending Account Value $89,389,985.29 $89,389,985.29
Account Ending Value reflects the market value of your cash and investments. It does not include pending transactions, unpriced securities or assets held outside Schwab's custody.

Your Independent Investment Manager
and/or Advisor

SHUSTER ADVISORY GROUP, LLC
155 N. LAKE AVE
SUITE 950
PASADENA CA 91101-4860
1 (626) 578-0816
The custodian of your brokerage account is:

Charles Schwab & Co., Inc. Member SIPC. Your
independent Investment Advisor is not affiliated
with or an agent of Schwab and Schwab does not
supervise or endorse your Advisor.

Managed Account Details
Money Manager
BlackRock Investment Management, LLC
Investment Strategy
BlackRock Short-Term Taxable Fixed Income
SMA
Online Assistance
Visit us online at schwaballiance.com
Visit schwab.com/stmt to explore the features
and benefits of this statement.

Account Summary
Ending Account Value as of 09/30 Beginning Account Value as of 09/01 $89,389,985.29 $56,900,877.49
Oct'24 Nov Dec Jan'25 Feb Mar Apr May Jun Jul Aug Sep
$0.0M
$19.6M
$39.3M
$58.9M
$78.6M
$98.3M
2 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
$89.38M
Asset Allocation
This Period
Current
Allocation
Cash and Cash Investments 8,787,022.61 10%
Fixed Income 80,602,962.68 90%
Total $89,389,985.29 100%
i
Top Account Holdings This Period
SYMBOL
CUSIP Description
Market
Value
% of
Accounts
CHARLES SCHWAB BANK 8,533,022.61 10%
3142JCAC4 FHLMC RR0002 2,845,579.25 3%
3142JCA42 FHLMC RR0026 2,504,476.58 3%
3133ETTC1 FFCB 2,501,057.50 3%
3133ETTF4 FFCB 2,500,765.00 3%
.

Gain or (Loss) Summary
Short-Term (ST) Long-Term (LT)
Gain (Loss) Net Gain (Loss) Net
This
Period N/A N/A N/A
i

0.00 0.00 0.00
YTD 0.00 0.00
Unrealized ($104,825.92),bi
Values may not reflect all of your gains/losses and may be rounded up to the nearest dollar; Schwab has provided accurate gain and loss information wherever possible for most investments. Cost basis may be incomplete or unavailable for some of your holdings and may change or be adjusted in certain cases.

Please login to your account at Schwab.com for real-time gain/loss information. Statement information should not be used for tax preparation, instead refer to official tax documents. For additional information refer to Terms and Conditions.
i
Income Summary
This Period YTD
Federal Tax Status Tax-Exempt Taxable Tax-Exempt Taxable Bank Sweep Interest 0.00 672.48 0.00 1,343.12
Corporate Bond and
Other Interest

0.00 98,326.31 0.00 119,701.31
Treasury Bond
Interest

0.00 5,000.00 0.00 5,000.00
Treasury Bill Interest 0.00 8,287.50 0.00 8,287.50
Agency Security
Interest

0.00 63,703.13 0.00 63,703.13
Total Income $0.00 $175,989.42 $0.00 $198,035.06
Accrued Interest
Paid 4

0.00 (27,884.32) 0.00 (214,948.10)
4 Certain accrued interest paid on taxable bonds may be deductible; consult your tax advisor 3 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
A Message About Your Account
Statement of Financial Condition
The most recent statement of financial condition for Charles Schwab & Co., Inc. (CS&Co) may be obtained at no cost, via the Internet at http://www.schwab.com/legal/financials or by contacting CS&Co at 1-800-435-4000. If you are a client of an independent investment advisor, contact Schwab Alliance at 1-800-515-2157. International clients, please call us at +1-415-667-7870 and Charles Schwab Hong Kong clients, please call +852-2101-0500. At June 30, and July 31, 2025, CS&Co had net capital of $12.0 billion and $10.9 billion, respectively, and a net capital requirement of $2.2 billion and $2.3 billion, respectively. A copy of the report may be requested via: Investor Relations, 3000 Schwab Way, Westlake, TX 76262. Independent investment advisors are not owned by, affiliated with, or supervised by CS&Co.

Positions - Summary
Beginning Value
as of 09/01 +
Transfer of
Securities(In/Out) +
Dividends
Reinvested + Cash Activity +
Change in
Market Value =
Ending Value
as of 09/30 Cost Basis
Unrealized
Gain/(Loss)
$56,900,877.49 $32,090,653.67 $0.00 $458,086.72 ($59,632.59) $89,389,985.29 $49,027,745.40 i ($104,825.92) b,i Values may not reflect all of your gains/losses; Schwab has provided accurate gain and loss information wherever possible for most investments. Cost basis may be incomplete or unavailable for some of your holdings and may change or be adjusted in certain cases. Statement information should not be used for tax preparation, instead refer to official tax documents. For additional information refer to Terms and Conditions.

Cash and Cash Investments
Type Symbol Description Quantity Price($)
Beginning
Balance($)
Ending
Balance($)
Change in Period
Balance($)
Pending/Unsettled
Cash($)
Interest/
Yield Rate
% of
Acct
Cash , 0.00 5,000.00 5,000.00 0.00 <1%
Bank Sweep CHARLES SCHWAB

BANK,X,Z
15,739,871.53 8,533,022.61 (7,206,848.92) 0.05% 10%
Bank Sweep SCHWAB PREMIER

BANK,X,Z
249,000.00 249,000.00 0.00 0.05% <1%
Total Cash and Cash Investments $15,988,871.53 $8,787,022.61 ($7,201,848.92) 10% Positions - Fixed Income
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
912797RB5 US TREASURY 10/07/25 2,500,000.0000 99.93216 2,498,304.00 2,483,600.83 2,483,600.83
14,703.17 4.30% N/A 0.00 3%
91282CFP1 US TREASUR NT 4.25% 10/15/25 1,000,000.0000 99.98046 999,804.60 N/A i N/A i
N/A i N/A 42,500.00 19,624.32 1%
4 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
9128286S4 US TREASU NT 2.375% 04/30/26 1,200,000.0000 99.17187 1,190,062.44 N/A i N/A i
N/A i N/A 28,500.00 11,926.63 1%
91282CHB0 US TREASU NT 3.625% 05/15/26 1,250,000.0000 99.86328 1,248,291.00 1,246,584.51 1,246,584.51
1,706.49 N/A y 45,312.50 17,115.32 1%
91282CCW9 US TREASUR NT 0.75% 08/31/26 1,200,000.0000 97.32031 1,167,843.72 N/A i N/A i
N/A i N/A 9,000.00 770.72 1%
91282CLS8 US TREASU NT 4.125% 10/31/26 675,000.0000 100.43359 677,926.73 N/A i N/A i
N/A i N/A 27,843.75 11,652.00 <1%
912828YX2 US TREASUR NT 1.75% 12/31/26 500,000.0000 97.63281 488,164.05 N/A i N/A i
N/A i N/A 8,750.00 2,211.28 <1%
91282CEF4 US TREASUR NT 2.5% 03/31/27 400,000.0000 98.31250 393,250.00 N/A i N/A i
N/A i N/A 10,000.00 27.47 <1%
91282CET4 US TREASU NT 2.625% 05/31/27 700,000.0000 98.33984 688,378.88 N/A i N/A i
N/A i N/A 18,375.00 6,175.20 <1%
91282CNE7 US TREASU NT 3.875% 05/31/27 750,000.0000 100.34765 752,607.38 751,095.25 751,095.25
1,512.13 3.79% 29,062.50 9,766.91 <1%
91282CNL1 US TREASUR NT 3.75% 06/30/27 2,000,000.0000 100.18359 2,003,671.80 2,000,375.35 2,000,375.35
3,296.45 N/A y 75,000.00 18,953.80 2%
91282CNP2 US TREASU NT 3.875% 07/31/27 1,500,000.0000 100.41406 1,506,210.90 1,503,186.58 1,503,186.58
3,024.32 N/A y 58,125.00 9,792.80 2%
91282CFB2 US TREASUR NT 2.75% 07/31/27 770,000.0000 98.43359 757,938.64 N/A i N/A i
N/A i N/A 21,175.00 3,567.53 <1%
91282CNH0 US TREASU NT 3.875% 06/15/28 1,250,000.0000 100.65625 1,258,203.13 1,255,285.76 1,255,285.76
2,917.37 N/A y 48,437.50 14,293.03 1%
91282CHK0 US TREASUR NT
Moodys: NR S&P: NR

4.0% 06/30/28 1,000,000.0000 100.97656 1,009,765.60 N/A i N/A i
N/A i N/A 40,000.00 10,108.70 1%
91282CNM9 US TREASU NT 3.875% 07/15/28 1,250,000.0000 100.65234 1,258,154.25 1,256,741.23 1,256,741.23
1,413.02 N/A y 48,437.50 10,266.64 1%
91282CNU1 US TREASU NT 3.625% 08/15/28 1,250,000.0000 100.00390 1,250,048.75 1,249,816.79 1,249,816.79
231.96 3.63% 45,312.50 5,787.19 1%
5 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
91282CNY3 US TREASU NT 3.375% 09/15/28 1,000,000.0000 99.32031 993,203.10 992,746.06 992,746.06
457.04 3.64% 33,750.00 1,491.71 1%
91282CDL2 US TREASUR NT 1.5% 11/30/28 650,000.0000 93.62500 608,562.50 N/A i N/A i
N/A i N/A 9,750.00 3,276.64 <1%
91282CFJ5 US TREASU NT 3.125% 08/31/29 850,000.0000 97.93750 832,468.75 N/A i N/A i
N/A i N/A 26,562.50 2,274.69 <1%
91282CLR0 US TREASU NT 4.125% 10/31/29 600,000.0000 101.59375 609,562.50 N/A i N/A i
N/A i N/A 24,750.00 10,357.34 <1%
91282CGQ8 US TREASUR NT 4.0% 02/28/30 800,000.0000 101.16406 809,312.48 N/A i N/A i
N/A i N/A 32,000.00 2,740.33 <1%
91282CNN7 US TREASU NT 3.875% 07/31/30 1,250,000.0000 100.60156 1,257,519.50 1,255,490.98 1,255,490.98
2,028.52 N/A y 48,437.50 8,160.67 1%
91282CNX5 US TREASU NT 3.625% 08/31/30 1,000,000.0000 99.48828 994,882.80 994,777.31 994,777.31
105.49 3.74% 36,250.00 3,104.28 1%
3134A2HG6 FHLMC
Moodys: Aa1 S&P: AA+
12/11/25 1,000,000.0000 99.20950 992,095.00 N/A i
N/A i
N/A i N/A 0.00 0.00 1%
3133ERCT6 FFCB
Moodys: Aa1 S&P: AA+

5.0% 01/29/26 600,000.0000 100.33560 602,013.60 N/A i
N/A i
N/A i N/A 30,000.00 5,166.67 <1%
3130AXB31 FHLB
Moodys: Aa1 S&P: AA+

4.875% 03/13/26 700,000.0000 100.44070 703,084.90 N/A i N/A i
N/A i N/A 34,125.00 1,706.25 <1%
3133EP7C3 FFCB
Moodys: Aa1 S&P: AA+

4.625% 04/01/26 600,000.0000 100.38060 602,283.60 N/A i N/A i
N/A i N/A 27,750.00 13,875.00 <1%
3130AWGR5 FHLB
Moodys: Aa1 S&P: AA+

4.375% 06/12/26 500,000.0000 100.42280 502,114.00 N/A i N/A i
N/A i N/A 21,875.00 6,623.26 <1%
3133EPPE9 FFCB
Moodys: Aa1 S&P: AA+

4.375% 07/06/26 500,000.0000 100.47800 502,390.00 N/A i N/A i
N/A i N/A 21,875.00 5,164.93 <1%
3133EPQC2 FFCB
Moodys: Aa1 S&P: AA+

4.625% 07/17/26 1,000,000.0000 100.69080 1,006,908.00 N/A i N/A i
N/A i N/A 46,250.00 9,506.94 1%
6 of 20
Statement Period
September 1-30, 2025

4.625% 09/11/26 1,050,000.0000 100.84150 1,058,835.75 N/A i N/A i
N/A i N/A 48,562.50 2,697.92 1%
3135G0Q22 FEDERAL NTNL MO
Moodys: Aa1 S&P: AA+

1.875% 09/24/26 550,000.0000 98.31660 540,741.30 N/A i
N/A i
N/A i N/A 10,312.50 200.52 <1%
3130ATUS4 FHLB
Moodys: Aa1 S&P: AA+

4.25% 12/10/27 800,000.0000 101.25180 810,014.40 N/A i
N/A i
N/A i N/A 34,000.00 10,483.33 <1%
3130AEB25 FHLB
Moodys: Aa1 S&P: AA+

3.25% 06/09/28 750,000.0000 98.88220 741,616.50 N/A i
N/A i
N/A i N/A 24,375.00 7,583.33 <1%
3133ETTC1 FFCB
Moodys: Aa1 S&P: AA+
CALLABLE 08/14/26 AT 100.00000

4.08% 08/14/28 2,500,000.0000 100.04230 2,501,057.50 2,499,760.00 2,499,760.00
1,297.50 4.08% 102,000.00 13,316.67 3%
3133ETTF4 FFCB
Moodys: Aa1 S&P: AA+
CALLABLE 11/14/25 AT 100.00000

4.34% 08/14/28 2,500,000.0000 100.03060 2,500,765.00 2,497,260.00 2,497,260.00
3,505.00 4.38% 108,500.00 14,165.28 3%
3130AVBD3 FHLB
Moodys: Aa1 S&P: AA+

4.5% 03/09/29 1,200,000.0000 102.52950 1,230,354.00 N/A i N/A i
N/A i N/A 54,000.00 3,300.00 1%
3130ATHX8 FHLB
Moodys: Aa1 S&P: AA+

4.125% 09/14/29 800,000.0000 101.44110 811,528.80 N/A i N/A i
N/A i N/A 33,000.00 1,558.33 <1%
3130ATUT2 FHLB
Moodys: Aa1 S&P: AA+

4.5% 12/14/29 1,100,000.0000 102.88990 1,131,788.90 N/A i N/A i
N/A i N/A 49,500.00 14,712.50 1%
3134HAW33 FHLMC
Moodys: Aa1 S&P: AA+
CALLABLE 06/18/26 AT 100.00000

4.75% 12/18/29 925,000.0000 100.43840 929,055.20 N/A i
N/A i
N/A i N/A 43,937.50 12,571.01 1%
3133ETTX5 FFCB
Moodys: Aa1 S&P: AA+
CALLABLE 11/19/25 AT 100.00000

4.52% 08/19/30 2,500,000.0000 99.85960 2,496,490.00 2,496,260.00 2,496,260.00
230.00 4.55% 113,000.00 13,183.33 3%
037833EB2 APPLE INC.

Moodys: Aaa S&P: AA+
CALLABLE 01/08/26 AT 100.00000

0.7% 02/08/26 600,000.0000 98.77080 592,624.80 N/A i
N/A i
N/A i N/A 4,200.00 618.33 <1%
166764BL3 CHEVRON
Moodys: Aa2 S&P: AA-
CALLABLE 02/16/26 AT 100.00000

2.954% 05/16/26 300,000.0000 99.27250 297,817.50 N/A i
N/A i
N/A i N/A 8,862.00 3,323.25 <1%
24422EVB2 JOHN DEERE CAPIT
Moodys: A1 S&P: A

2.25% 09/14/26 500,000.0000 98.61040 493,052.00 N/A i
N/A i
N/A i N/A 11,250.00 531.25 <1%
7 of 20
Statement Period
September 1-30, 2025

Moodys: A1 S&P: AA
CALLABLE 04/03/27 AT 100.00000

1.2% 06/03/27 550,000.0000 95.91320 527,522.60 N/A i
N/A i
N/A i N/A 6,600.00 2,163.33 <1%
06051GJS9 BANK OF AMERICA C
VAR
Moodys: A1 S&P: A-
CALLABLE 07/22/26 AT 100.00000
07/22/27 500,000.0000 98.01110 490,055.50 488,080.00
488,080.00
1,975.50 3.02% 8,670.00 1,661.75 <1%
931142EX7 WALMART INC.

Moodys: Aa2 S&P: AA
CALLABLE 08/09/27 AT 100.00000

3.95% 09/09/27 500,000.0000 100.50000 502,500.00 N/A i
N/A i
N/A i N/A 19,750.00 1,206.94 <1%
437076BT8 THE HOME DEPOT, I
Moodys: A2 S&P: A
CALLABLE 06/14/27 AT 100.00000

2.8% 09/14/27 130,000.0000 98.00100 127,401.30 N/A i
N/A i
N/A i N/A 3,640.00 171.89 <1%
06051GLV9 BANK OF AMERICA C
VAR
Moodys: A1 S&P: A-
CALLABLE 09/15/26 AT 100.00000
09/15/27 250,000.0000 101.63840 254,096.00 253,928.11
254,080.00
167.89 b 5.10% 14,832.50 659.22 <1%
713448DY1 PEPSICO, INC.

Moodys: A1 S&P: A+
CALLABLE 07/15/27 AT 100.00000

3.0% 10/15/27 500,000.0000 98.38820 491,941.00 N/A i
N/A i
N/A i N/A 15,000.00 6,916.67 <1%
172967LD1 CITIGROUP INC. VAR
Moodys: A3 S&P: BBB+
CALLABLE 01/10/27 AT 100.00000
01/10/28 250,000.0000 99.62390 249,059.75 248,192.50
248,192.50
867.25 4.20% 9,717.50 2,186.44 <1%
02665WED9 AMERICAN HONDA FI
Moodys: A3 S&P: A-

4.7% 01/12/28 700,000.0000 101.23670 708,656.90 N/A i
N/A i
N/A i N/A 32,900.00 7,219.72 <1%
69353RFJ2 PNC BANK, NTNL A
Moodys: A2 S&P: A
CALLABLE 12/22/27 AT 100.00000

3.25% 01/22/28 600,000.0000 98.39290 590,357.40 N/A i
N/A i
N/A i N/A 19,500.00 3,737.50 <1%
95000U3R2 WELLS FARGO & CO
VAR
Moodys: A1 S&P: BBB+
CALLABLE 01/24/27 AT 100.00000
01/24/28 250,000.0000 101.00020 252,500.50 251,895.00
251,895.00
605.50 4.57% 12,250.00 2,279.86 <1%
8 of 20
Statement Period
September 1-30, 2025

5.25% 02/15/28 500,000.0000 102.70040 513,502.00 513,378.24 513,405.00
123.76 b 4.11% 26,250.00 3,354.17 <1%
46647PCW4 JPMORGAN CHASE &
VAR
Moodys: A1 S&P: A
CALLABLE 02/24/27 AT 100.00000
02/24/28 500,000.0000 98.23720 491,186.00 N/A i
N/A i
N/A i N/A 14,735.00 1,514.43 <1%
194162AR4 COLGATE-PALMOLIVE
Moodys: Aa3 S&P: A+
CALLABLE 02/01/28 AT 100.00000

4.6% 03/01/28 540,000.0000 101.68190 549,082.26 N/A i
N/A i
N/A i N/A 24,840.00 2,070.00 <1%
92343VGH1 VERIZON COMMUNICA
Moodys: Baa1 S&P: BBB+
CALLABLE 01/22/28 AT 100.00000

2.1% 03/22/28 500,000.0000 95.38360 476,918.00 475,380.00 475,380.00
1,538.00 4.11% 10,500.00 262.50 <1%
06051GKW8 BANK OF AMERICA C
VAR
Moodys: A1 S&P: A-
CALLABLE 07/22/27 AT 100.00000
07/22/28 500,000.0000 101.51800 507,590.00 N/A i
N/A i
N/A i N/A 24,740.00 4,741.83 <1%
17325FBB3 CITIBANK N A ME
Moodys: Aa3 S&P: A+
CALLABLE 08/29/28 AT 100.00000

5.803% 09/29/28 600,000.0000 104.89270 629,356.20 N/A i N/A i
N/A i N/A 34,818.00 193.43 <1%
61744YAP3 MORGAN STANLEY
VAR
Moodys: A1 S&P: A-
CALLABLE 01/24/28 AT 100.00000
01/24/29 250,000.0000 98.99130 247,478.25 246,872.50
246,872.50
605.75 4.16% 9,430.00 1,755.03 <1%
532457CK2 ELI LILLY AND CO
Moodys: Aa3 S&P: A+
CALLABLE 01/09/29 AT 100.00000

4.5% 02/09/29 500,000.0000 101.41730 507,086.50 N/A i
N/A i
N/A i N/A 22,500.00 3,250.00 <1%
17275RBR2 CISCO SYSTEMS, I
Moodys: A1 S&P: AA-
CALLABLE 01/26/29 AT 100.00000

4.85% 02/26/29 500,000.0000 102.53990 512,699.50 N/A i
N/A i
N/A i N/A 24,250.00 2,357.64 <1%
17327CAW3 CITIGROUP INC. VAR
Moodys: A3 S&P: BBB+
CALLABLE 03/04/28 AT 100.00000
03/04/29 750,000.0000 101.25650 759,423.75 758,315.51
758,382.50
1,108.24 b N/A y 35,895.00 2,692.13 <1%
437076CW0 THE HOME DEPOT, I
Moodys: A2 S&P: A
CALLABLE 03/15/29 AT 100.00000

4.9% 04/15/29 500,000.0000 102.93240 514,662.00 N/A i
N/A i
N/A i N/A 24,500.00 11,297.22 <1%
06051GLG2 BANK OF AMERICA C
VAR
Moodys: A1 S&P: A-
CALLABLE 04/25/28 AT 100.00000
04/25/29 250,000.0000 102.49920 256,248.00 256,205.00
256,205.00

43.00 4.46% 13,005.00 5,635.50 <1%
9 of 20
Statement Period
September 1-30, 2025

4.8% 06/01/29 600,000.0000 103.06330 618,379.80 N/A i
N/A i
N/A i N/A 28,800.00 9,600.00 <1%
61747YFF7 MORGAN STANLEY
VAR
Moodys: A1 S&P: A-
CALLABLE 07/20/28 AT 100.00000
07/20/29 600,000.0000 103.37710 620,262.60 N/A i
N/A i
N/A i N/A 32,694.00 6,447.98 <1%
06406YAA0 THE BANK OF NEW Y
Moodys: A2 S&P: A-
CALLABLE 05/23/29 AT 100.00000

3.3% 08/23/29 500,000.0000 96.67510 483,375.50 482,065.00 482,065.00
1,310.50 4.28% 16,500.00 1,741.67 <1%
38141GA46 THE GOLDMAN SACHS
VAR
Moodys: A2 S&P: BBB+
CALLABLE 10/24/28 AT 100.00000
10/24/29 250,000.0000 106.52250 266,306.25 265,365.00
265,365.00
941.25 4.85% 16,210.00 7,069.36 <1%
00287YBX6 ABBVIE INC.

Moodys: A3 S&P: A-
CALLABLE 08/21/29 AT 100.00000

3.2% 11/21/29 500,000.0000 96.28280 481,414.00 479,545.00 479,545.00
1,869.00 4.26% 16,000.00 5,777.78 <1%
20826FBJ4 CONOCOPHILLIPS CO
Moodys: A2 S&P: A-
CALLABLE 12/15/29 AT 100.00000

4.7% 01/15/30 750,000.0000 101.87720 764,079.00 761,972.50 761,972.50
2,106.50 N/A y 35,250.00 7,441.67 <1%
46647PEB8 JPMORGAN CHASE &
VAR
Moodys: A1 S&P: A
CALLABLE 01/23/29 AT 100.00000
01/23/30 1,250,000.0000 102.40860 1,280,107.50 1,276,872.50 1,276,872.50
3,235.00 N/A y 62,650.00 11,833.89 1%
91159HJQ4 U.S. BANCORP VAR
Moodys: A3 S&P: A
CALLABLE 01/23/29 AT 100.00000
01/23/30 1,000,000.0000 103.25240 1,032,524.00 1,031,975.00 1,031,975.00
549.00 N/A y 53,840.00 10,169.78 1%
95000U3J0 WELLS FARGO & CO
VAR
Moodys: A1 S&P: BBB+
CALLABLE 01/23/29 AT 100.00000
01/23/30 500,000.0000 102.71620 513,581.00 513,725.00
513,725.00
(144.00) N/A y 25,990.00 4,909.22 <1%
89788MAR3 TRUIST FINL CORP VAR
Moodys: Baa1 S&P: A-
CALLABLE 01/24/29 AT 100.00000
01/24/30 1,000,000.0000 103.22190 1,032,219.00 1,034,020.00 1,034,020.00
(1,801.00) N/A y 54,350.00 10,115.14 1%
29379VBX0 ENTERPRISE PRODUC
Moodys: A3 S&P: A-
CALLABLE 10/31/29 AT 100.00000

2.8% 01/31/30 350,000.0000 94.38450 330,345.75 328,611.00 328,611.00
1,734.75 4.32% 9,800.00 1,660.56 <1%
06051GHQ5 BANK OF AMERICA C
VAR
Moodys: A1 S&P: A-
CALLABLE 02/07/29 AT 100.00000
02/07/30 250,000.0000 99.24210 248,105.25 246,885.00
246,885.00
1,220.25 4.28% 9,935.00 1,490.25 <1%
10 of 20
Statement Period
September 1-30, 2025

3.4% 04/01/30 500,000.0000 96.60000 483,000.00 480,800.00 480,800.00
2,200.00 4.32% 17,000.00 8,500.00 <1%
61747YFQ3 MORGAN STANLEY
VAR
Moodys: A1 S&P: A-
CALLABLE 04/18/29 AT 100.00000
04/18/30 500,000.0000 104.51190 522,559.50 521,192.50
521,192.50
1,367.00 N/A y 28,280.00 12,804.56 <1%
025816DU0 AMERICAN EXPRESS
VAR
Moodys: A2 S&P: A-
CALLABLE 04/25/29 AT 100.00000
04/25/30 250,000.0000 104.39660 260,991.50 260,202.50
260,202.50
789.00 4.56% 13,830.00 5,993.00 <1%
38141GA87 THE GOLDMAN SACHS
VAR
Moodys: A2 S&P: BBB+
CALLABLE 04/25/29 AT 100.00000
04/25/30 750,000.0000 104.34520 782,589.00 783,372.50
783,372.50
(783.50) N/A y 42,952.50 18,612.75 <1%
693475BX2 THE PNC FINL SERV VAR
Moodys: A3 S&P: A-
CALLABLE 05/14/29 AT 100.00000
05/14/30 500,000.0000 103.99830 519,991.50 519,945.00
519,945.00

46.50 4.55% 27,460.00 10,450.06 <1%
65339KBR0 NEXTERA ENERGY C
Moodys: Baa1 S&P: BBB+
CALLABLE 03/01/30 AT 100.00000

2.25% 06/01/30 500,000.0000 91.29340 456,467.00 453,035.00 453,035.00
3,432.00 4.44% 11,250.00 3,750.00 <1%
38141GB29 THE GOLDMAN SACHS
VAR
Moodys: A2 S&P: BBB+
CALLABLE 07/23/29 AT 100.00000
07/23/30 750,000.0000 102.63220 769,741.50 766,735.00
766,735.00
3,006.50 N/A y 37,867.50 7,152.75 <1%
80168AJJ7 SANTA CLARA VY C
Moodys: Aa1 S&P: NR

3.79% 06/01/27 1,000,000.0000 100.11000 1,001,100.00 1,000,010.00 1,000,010.00
1,090.00 0.00% 37,900.00 0.00 1%
3142JCAB6 FHLMC RR0001
FACTOR= .960806800
REMAIN PRIN=$1,441,210.20

4.5% 06/01/40 1,500,000.0000 99.98490 1,440,992.58 N/A
1,447,075.12
(6,082.54) N/A N/A N/A 2%
3142JCAC4 FHLMC RR0002
FACTOR= .938704100
REMAIN PRIN=$2,816,112.30

5.0% 06/01/40 3,000,000.0000 101.04637 2,845,579.25 N/A 2,886,397.31
(40,818.06) N/A N/A N/A 3%
3142JCAT7 FHLMC RR0017
FACTOR= .961956050
REMAIN PRIN=$1,442,934.08

5.0% 08/01/40 1,500,000.0000 101.06385 1,458,284.73 N/A 1,463,404.43
(5,119.70) N/A N/A N/A 2%
11 of 20
Statement Period
September 1-30, 2025

5.5% 08/01/40 2,500,000.0000 102.21814 2,447,190.23 N/A 2,516,632.53
(69,442.30) N/A N/A N/A 3%
3142JCA42 FHLMC RR0026
Moodys: NR S&P: NR
FACTOR= .979809870
REMAIN PRIN=$2,449,524.68

5.5% 09/01/40 2,500,000.0000 102.24337 2,504,476.58 N/A 2,555,967.50
(51,490.92) N/A N/A N/A 3%
Total Fixed Income 80,740,000.0000 $80,602,962.68 ($104,825.92) $2,616,047.75 $545,764.68 90% Total Adj Cost Basis $38,158,268.51
Total Orig Cost Basis $49,027,991.04
Accrued Income represents the interest that would be received if the fixed income investment was sold prior to the coupon payment.

Yield to Maturity is the annualized rate of return earned if held until maturity date.

Total Adj Cost Basis and Total Orig Cost Basis are the sums of the individual positions held, which may be incomplete or unavailable.

Transactions - Summary
Beginning Cash* as of 09/01 + Deposits + Withdrawals + Purchases + Sales/Redemptions + Dividends/Interest + Expenses = Ending Cash* as of 09/30 $15,988,871.53 $295,384.79 $0.00 ($10,701,476.53) $3,041,540.89 $167,701.92 ($4,999.99) $8,787,022.61 Other Activity
$32,090,653.67 Other activity includes transactions which don't affect the cash balance such as stock transfers, splits, etc. *Cash (includes any cash debit balance) held in your account plus the value of any cash invested in a sweep money fund.

Transaction Details
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
09/02 Interest Bond Interest 14040HCN3 CAPITAL ONE FINL VAR 30 8,182.50 09/03 Purchase Bought Prime 17327CAW3 CITIGROUP INC. VAR 29 DUE 03/04/29
250,000.0000 101.1850 5,959.26 (258,921.76)
Executed by Wells Fargo Securites LLC as Principal; Accrued interest $5,949.26; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 3133ETTC1 FFCB 4.08%28 DUE
08/14/28
2,500,000.0000 99.9900 5,393.33 (2,505,143.33)
Executed by Keybanc Capital Markets Inc as Principal; Accrued interest $5,383.33; Schwab Prime Broker Fee $10.00 12 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Transaction Details (continued)
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
09/03 Purchase Bought Prime 38141GB29 THE GOLDMAN SACHS VAR 30 DUE 07/23/30
250,000.0000 102.2460 1,412.50 (257,027.50)
Executed by Deutsche Bank Securities, Inc as Principal; Accrued interest $1,402.50; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 91282CNU1 US TREASU NT 3.625%08/28 UST NOTE DUE 08/15/28
1,250,000.0000 99.9845 2,349.50 (1,252,156.29)
Executed by BMO Capital Markets Corp as Principal; Accrued interest $2,339.50; Schwab Prime Broker Fee $10.00 09/04 Interest Bond Interest 17327CAW3 CITIGROUP INC. VAR 29 17,947.50 09/09 Redemption Full Redemption 912797QT7 US TREASURY BILXXX **MATURED**
2,500,000.00
Treasury Bill interest $8,287.50
Deposit Funds Received WIRED FUNDS RECEIVED 295,384.79
Other
Activity
Redemption 912797QT7 US TREASURY BILXXX
**MATURED**
(2,500,000.0000)
09/10 Purchase Bought Prime 80168AJJ7 SANTA CLARA VY C 3.79%27 WTR UTIL DUE 06/01/27
1,000,000.0000 100.0000 10.00 (1,000,010.00)
Executed by Raymond James Fixed Income as Principal; Accrued interest $0.00; Schwab Prime Broker Fee $10.00 Other
Activity
Journaled Shares 023135BR6 AMAZON.COM, INC. 1.2%27
DUE 06/03/27
550,000.0000 95.8068 526,937.40
Other
Activity
Journaled Shares 02665WED9 AMERICAN HONDA FI 4.7%28
DUE 01/12/28
700,000.0000 101.4041 709,828.70
Other
Activity
Journaled Shares 037833EB2 APPLE INC. 0.7%26 DUE
02/08/26
600,000.0000 98.5726 591,435.60
Other
Activity
Journaled Shares 06051GKW8 BANK OF AMERICA C VAR 28
DUE 07/22/28
500,000.0000 101.3332 506,666.00
Other
Activity
Journaled Shares 166764BL3 CHEVRON 2.954%26 DUE
05/16/26
300,000.0000 99.1862 297,558.60
Other
Activity
Journaled Shares 17275RBR2 CISCO SYSTEMS, I 4.85%29
DUE 02/26/29
500,000.0000 103.0056 515,028.00
Other
Activity
Journaled Shares 17325FBB3 CITIBANK N A ME 5.803%28
DUE 09/29/28
600,000.0000 105.0929 630,557.40
Other
Activity
Journaled Shares 194162AR4 COLGATE-PALMOLIVE 4.6%28
DUE 03/01/28
540,000.0000 102.0462 551,049.48
13 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Transaction Details (continued)
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
09/10 Other
Activity
Journaled Shares 532457CK2 ELI LILLY AND CO 4.5%29 DUE
02/09/29
500,000.0000 101.8647 509,323.50
Other
Activity
Journaled Shares 3135G0Q22 FEDERAL NTNL MO 1.875%26
DUE 09/24/26
550,000.0000 98.1048 539,576.40
Other
Activity
Journaled Shares 3133ERCT6 FFCB 5%26 DUE
01/29/26
600,000.0000 100.3733 602,239.80
Other
Activity
Journaled Shares 3133EPPE9 FFCB 4.375%26 DUE
07/06/26
500,000.0000 100.4150 502,075.00
Other
Activity
Journaled Shares 3133EP7C3 FFCB 4.625%26 DUE
04/01/26
600,000.0000 100.3693 602,215.80
Other
Activity
Journaled Shares 3133EPQC2 FFCB 4.625%26 DUE
07/17/26
1,000,000.0000 100.6383 1,006,383.00
Other
Activity
Journaled Shares 3130AVBD3 FHLB 4.5%29 DUE
03/09/29
1,200,000.0000 102.9466 1,235,359.20
Other
Activity
Journaled Shares 3130ATUT2 FHLB 4.5%29 DUE
12/14/29
1,100,000.0000 103.3781 1,137,159.10
Other
Activity
Journaled Shares 3130AEB25 FHLB 3.25%28 DUE
06/09/28
750,000.0000 99.1225 743,418.75
Other
Activity
Journaled Shares 3130ATUS4 FHLB 4.25%27 DUE
12/10/27
800,000.0000 101.4598 811,678.40
Other
Activity
Journaled Shares 3130ATHX8 FHLB 4.125%29 DUE
09/14/29
800,000.0000 101.8851 815,080.80
Other
Activity
Journaled Shares 3130AWGR5 FHLB 4.375%26 DUE
06/12/26
500,000.0000 100.3588 501,794.00
Other
Activity
Journaled Shares 3130AWTQ3 FHLB 4.625%26 DUE
09/11/26
1,050,000.0000 100.7929 1,058,325.45
Other
Activity
Journaled Shares 3130AXB31 FHLB 4.875%26 DUE
03/13/26
700,000.0000 100.4579 703,205.30
Other
Activity
Journaled Shares 3134A2HG6 FHLMC 0%25 DUE
12/11/25
1,000,000.0000 98.9541 989,541.00
Other
Activity
Journaled Shares 3134HAW33 FHLMC 4.75%29 DUE
12/18/29
925,000.0000 100.4433 929,100.53
14 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Transaction Details (continued)
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
09/10 Other
Activity
Journaled Shares 3137EAEX3 FHLMC 0.375%25 DUE
09/23/25
375,000.0000 99.8608 374,478.00
Other
Activity
Journaled Shares 24422EVB2 JOHN DEERE CAPIT 2.25%26
DUE 09/14/26
500,000.0000 98.3431 491,715.50
Other
Activity
Journaled Shares 478160CU6 JOHNSON & JOHNSON 4.8%29
DUE 06/01/29
600,000.0000 103.4225 620,535.00
Other
Activity
Journaled Shares 46647PCW4 JPMORGAN CHASE & VAR 28
DUE 02/24/28
500,000.0000 98.2430 491,215.00
Other
Activity
Journaled Shares 61747YFF7 MORGAN STANLEY VAR 29
DUE 07/20/29
600,000.0000 103.4326 620,595.60
Other
Activity
Journaled Shares 713448DY1 PEPSICO, INC. 3%27 DUE
10/15/27
500,000.0000 98.4874 492,437.00
Other
Activity
Journaled Shares 69353RFJ2 PNC BANK, NTNL A 3.25%28
DUE 01/22/28
600,000.0000 98.5746 591,447.60
Other
Activity
Journaled Shares 437076BT8 THE HOME DEPOT, I 2.8%27
DUE 09/14/27
130,000.0000 98.0273 127,435.49
Other
Activity
Journaled Shares 437076CW0 THE HOME DEPOT, I 4.9%29
DUE 04/15/29
500,000.0000 103.3625 516,812.50
Other
Activity
Journaled Shares 9128286S4 US TREASU NT 2.375%04/26UST
NOTE DUE 04/30/26
1,200,000.0000 99.0664 1,188,796.80
Other
Activity
Journaled Shares 91282CET4 US TREASU NT 2.625%05/27UST
NOTE DUE 05/31/27
700,000.0000 98.3750 688,625.00
Other
Activity
Journaled Shares 91282CFJ5 US TREASU NT 3.125%08/29UST
NOTE DUE 08/31/29
850,000.0000 98.3984 836,386.66
Other
Activity
Journaled Shares 91282CLS8 US TREASU NT 4.125%10/26UST
NOTE DUE 10/31/26
675,000.0000 100.4296 677,900.34
Other
Activity
Journaled Shares 91282CLR0 US TREASU NT 4.125%10/29UST
NOTE DUE 10/31/29
600,000.0000 102.1015 612,609.36
Other
Activity
Journaled Shares 91282CGQ8 US TREASUR NT 4%02/30UST NOTE DUE 02/28/30
800,000.0000 101.7187 813,750.00
Other
Activity
Journaled Shares 91282CHK0 US TREASUR NT 4%06/28UST NOTE DUE 06/30/28
1,000,000.0000 101.2890 1,012,890.60
15 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Transaction Details (continued)
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
09/10 Other
Activity
Journaled Shares 91282CDL2 US TREASUR NT 1.5%11/28UST
NOTE DUE 11/30/28
650,000.0000 93.8750 610,187.50
Other
Activity
Journaled Shares 91282CEF4 US TREASUR NT 2.5%03/27UST
NOTE DUE 03/31/27
400,000.0000 98.3046 393,218.72
Other
Activity
Journaled Shares 91282CCW9 US TREASUR NT 0.75%08/26UST
NOTE DUE 08/31/26
1,200,000.0000 97.1562 1,165,875.00
Other
Activity
Journaled Shares 912828YX2 US TREASUR NT 1.75%12/26UST
NOTE DUE 12/31/26
500,000.0000 97.5507 487,753.90
Other
Activity
Journaled Shares 91282CFB2 US TREASUR NT 2.75%07/27UST
NOTE DUE 07/31/27
770,000.0000 98.4960 758,419.89
Other
Activity
Journaled Shares 91282CFP1 US TREASUR NT 4.25%10/25UST
NOTE DUE 10/15/25
1,000,000.0000 100.0000 1,000,000.00
Other
Activity
Journaled Shares 931142EX7 WALMART INC. 3.95%27
DUE 09/09/27
500,000.0000 100.4062 502,031.00
09/11 Interest Bond Interest 3130AWTQ3 FHLB 4.625%26 24,281.25 09/12 Purchase Bought Prime 3142JCAB6 FHLMC RR0001 4.5%40 DUE 06/01/40
1,500,000.0000 100.4063 1,631.36 (1,448,696.48)
Executed by J.P. Morgan Securities LLC as Principal; Accrued interest $1,621.36; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 3142JCAT7 FHLMC RR0017 5%40 DUE
08/01/40
1,500,000.0000 101.4180 1,813.67 (1,465,208.10)
Executed by Morgan Stanley & Co INC as Principal; Accrued interest $1,803.67; Schwab Prime Broker Fee $10.00 09/15 Interest Bond Interest 06051GLV9 BANK OF AMERICA C VAR 27 7,416.25 Interest Bond Interest 3130ATHX8 FHLB 4.125%29 16,500.00 Interest Bond Interest 3130AXB31 FHLB 4.875%26 17,062.50 Interest Bond Interest 24422EVB2 JOHN DEERE CAPIT 2.25%26 5,625.00 Interest Bond Interest 437076BT8 THE HOME DEPOT, I 2.8%27 1,820.00 09/16 Interest Bank Interest X,Z BANK INT 081625-091525 661.93 Interest Bank Interest X,Z BANK INT 081625-091525 10.55 09/19 Expense Advisor Fee * MGMTFEE TO ADVISOR (4,999.99) 09/22 Interest Bond Interest 92343VGH1 VERIZON COMMUNICA 2.1%28 5,250.00 16 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Transaction Details (continued)
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
09/23 Redemption Full Redemption 3137EAEX3 FHLMC 0.375XXX **MATURED** 375,000.00 Other
Activity
Redemption 3137EAEX3 FHLMC 0.375XXX **MATURED** (375,000.0000) Interest Bond Interest 3137EAEX3 FHLMC 0.375XXX 703.13
09/24 Interest Bond Interest 3135G0Q22 FEDERAL NTNL MO 1.875%26 5,156.25 09/25 Redemption Principal Payment 3142JCAC4 FHLMC RR0002 5%40 DUE 06/01/40
50,223.06
Redemption Principal Payment 3142JCAU4 FHLMC RR0018 5.5%40 DUE 08/01/40
65,842.50
Redemption Principal Payment 3142JCA42 FHLMC RR0026 5.5%40 DUE 09/01/40
50,475.33
Interest Bond Interest 3142JCAC4 FHLMC RR0002 5%40 11,943.06 Interest Bond Interest 3142JCAU4 FHLMC RR0018 5.5%40 11,274.67 Interest Bond Interest 3142JCA42 FHLMC RR0026 5.5%40 11,458.33 09/29 Interest Bond Interest 17325FBB3 CITIBANK N A ME 5.803%28 17,409.00 09/30 Purchase Bought Prime 89788MAR3 TRUIST FINL CORP VAR 30 DUE 01/24/30
500,000.0000 103.4790 4,992.08 (522,387.08)
Executed by J.P. Morgan Securities LLC as Principal; Accrued interest $4,982.08; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 91282CNY3 US TREASU NT 3.375%09/28 UST NOTE DUE 09/15/28
1,000,000.0000 99.2736 1,408.48 (994,144.54)
Executed by BMO Capital Markets Corp as Principal; Accrued interest $1,398.48; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 91282CNX5 US TREASU NT 3.625%08/30 UST NOTE DUE 08/31/30
1,000,000.0000 99.4767 3,014.14 (997,781.45)
Executed by Deutsche Bank Securities INC as Principal; Accrued interest $3,004.14; Schwab Prime Broker Fee $10.00 Interest Bond Interest 91282CEF4 US TREASUR NT 2.5%03/27 5,000.00 Total Transactions $24,888,804.75 $0.00
Date column represents the Settlement/Process date for each transaction. 17 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Bank Sweep Activity
Date Description Amount Date Description Amount
09/01 Beginning Balance X,Z $15,988,871.53 09/16 BANK SWEEP XFER FROM SCHWAB PREMIER BANK (10.55) 09/03 BANK TRANSFER TO BROKERAGE (4,265,066.38) 09/16 BANK SWEEP XFER TO CHARLES SCHWAB BANK X 10.55 09/04 BANK CREDIT FROM BROKERAGE X 17,947.50 09/16 BANK CREDIT FROM BROKERAGE X 48,423.75 09/09 BANK CREDIT FROM BROKERAGE X 2,795,384.79 09/22 BANK CREDIT FROM BROKERAGE X 250.01 09/10 BANK TRANSFER TO BROKERAGE (1,000,010.00) 09/23 BANK CREDIT FROM BROKERAGE X 375,703.13 09/11 BANK CREDIT FROM BROKERAGE X 24,281.25 09/25 BANK CREDIT FROM BROKERAGE X 206,373.20 09/15 BANK INTEREST - CHARLES SCHWAB BANK X,Z 661.93 09/30 BANK TRANSFER TO BROKERAGE (2,496,904.07) 09/15 BANK INTEREST - SCHWAB PREMIER BANK X,Z 10.55 09/30 Ending Balance X,Z $8,782,022.61 09/15 BANK TRANSFER TO BROKERAGE (2,913,904.58) 09/30 Interest Rate * Z 0.05% * Your interest period was 08/16/25 - 09/15/25. Z
Endnotes For Your Account
* You authorize Schwab to debit your account to pay investment management fees per the authorization you granted in your Account Application. Schwab does not review or monitor these fee payments. Contact your Investment Manager if you have questions. b When available, Adjusted Cost Basis values are used in Gain or (Loss) calculations. i Value includes incomplete, missing or cost basis that is not tracked due to the security type. If cost basis is not available for an investment, you may be able to provide updates. For questions, please refer to the contact information on the first page of this statement. y Yield to Maturity cannot be calculated because there are multiple lots for this position.

X Bank Sweep deposits are held at one or more FDIC-insured Program Banks. Charles Schwab & Co., Inc. is not an FDIC-insured bank and deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for FDIC insurance coverage to apply. Please review the Cash Features Program Disclosure Statement for a list of the Program Banks at schwab.com/cashfeaturesdisclosure.

Z For the Bank Sweep and Bank Sweep for Benefit Plans features, interest is paid for a period that differs from the Statement Period. Balances include interest paid as indicated on your statement by Schwab or one or more of its Program Banks. These balances do not include interest that may have accrued during the Statement Period after interest is paid. The interest paid may include interest that accrued in the prior Statement Period.

Terms and Conditions
GENERAL INFORMATION AND KEY TERMS: This Account statement is furnished solely by Charles Schwab & Co., Inc. ("Schwab") for your Account at Schwab ("Account"). Unless otherwise defined herein, capitalized terms have the same meanings as in your Account Agreement. If you receive any other communication from any source other than Schwab which purports to represent your holdings at Schwab (including balances held at a Depository Institution) you should verify its content with this statement.

Accrued Income: Accrued Income is the sum of the total accrued interest and/or accrued dividends on positions held in your Account, but the interest and/or dividends have not been received into your Account.

Schwab makes no representation that the amounts shown (or any other amount) will be received. Accrued amounts are not covered by SIPC account protection until actually received and held in the Account. AIP (Automatic Investment Plan) Customers: Schwab receives remuneration in connection with certain transactions effected through Schwab. If you participate in a systematic investment program through Schwab, the additional information normally detailed on a trade confirmation will be provided upon request.

Average Daily Balance: Average daily composite of all cash balances that earn interest and all loans from Schwab that are charged interest. Bank Sweep and Bank Sweep for Benefit Plans Features: Schwab 18 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Terms and Conditions (continued)
acts as your agent and custodian in establishing and maintaining your Deposit Account(s) as a feature of your brokerage Account(s). Deposit accounts held through these bank sweep features constitute direct obligations of one or more FDIC insured banks ("Program Banks") that are not obligations of Schwab.

Funds swept to Program Banks are eligible for deposit insurance from the FDIC up to the applicable limits for each bank for funds held in the same insurable capacity. The balance in the Deposit Accounts can be withdrawn on your order and the proceeds returned to your brokerage Account or remitted to you as provided in your Account Agreement. For information on FDIC insurance and its limits, as well as other important disclosures about the bank sweep feature(s) in your Account(s), please refer to the Cash Features Disclosure Statement available online or from a Schwab representative. Cash: Any Free Credit Balance owed by us to you payable upon demand which, although accounted for on our books of record, is not segregated and may be used in the conduct of this firm's business. Dividend Reinvestment Customers:

Dividend reinvestment transactions were effected by Schwab acting as a principal for its own account, except for the reinvestment of Schwab dividends, for which an independent broker-dealer acted as the buying agent. Further information on these transactions will be furnished upon written request. Gain (or Loss): Unrealized Gain or (Loss) and Realized Gain or (Loss) sections ("Gain/Loss Section(s)") contain a gain or a loss summary of your Account. This information has been provided on this statement at the request of your Advisor, if applicable. This information is not a solicitation or a recommendation to buy or sell. Schwab does not provide tax advice and encourages you to consult with your tax professional. Please view the Cost Basis Disclosure Statement for additional information on how gain (or loss) is calculated and how Schwab reports adjusted cost basis information to the IRS.

Interest: For the Schwab One Interest, Bank Sweep, and Bank Sweep for Benefit Plans features, interest is paid for a period that may differ from the Statement Period. Balances include interest paid as indicated on your statement by Schwab or one or more of its Program Banks. These balances do not include interest that may have accrued during the Statement Period after interest is paid. The interest paid may include interest that accrued in the prior Statement Period. For the Schwab One Interest feature, interest accrues daily from the second-to-last business day of the prior month and is posted on the second-to-last business day of the current month. For the Bank Sweep and Bank Sweep for Benefit Plans features, interest accrues daily from the 16th day of the prior month and is credited/posted on the first business day after the 15th of the current month. If, on any given day, the interest that Schwab calculates for the Free Credit Balances in the Schwab One Interest feature in your brokerage Account is less than $.005, you will not accrue any interest on that day. For balances held at banks affiliated with Schwab in the Bank Sweep and Bank Sweep for Benefit Plans features, interest will accrue even if the amount is less than $.005. Margin Account Customers:

This is a combined statement of your margin account and special memorandum account maintained for you under Section 220.5 of Regulation T issued by the Board of Governors of the Federal Reserve System. The permanent record of the separate account as required by Regulation T is available for your inspection.

Securities purchased on margin are Schwab's collateral for the loan to you. It is important that you fully understand the risks involved in trading securities on margin. These risks include: 1) You can lose more funds than you deposit in the margin account; 2) Schwab can force the sale of securities or other assets in any of your account(s) to maintain the required account equity without contacting you; 3) You are not entitled to choose which assets are liquidated nor are you entitled to an extension of time on a margin call; 4) Schwab can increase its "house" maintenance margin requirements at any time without advance written notice to you. Market Price: The most recent price evaluation available to Schwab on the last business day of the report period, normally the last trade price or bid as of market close. Unpriced securities denote that no market evaluation update is currently available. Price evaluations are obtained from outside parties.

Schwab shall have no responsibility for the accuracy or timeliness of any such valuations. Assets Not Held at Schwab are not held in your Account or covered by the Account's SIPC account protection and are not otherwise in Schwab's custody and are being provided as a courtesy to you. Information on Assets Not Held at Schwab, including but not limited to valuations, is reported solely based on information you provide to Schwab. Schwab can neither validate nor certify the existence of Assets Not Held at Schwab or the accuracy, completeness or timeliness of the information about Assets Not Held at Schwab, whether provided by you or otherwise. Descriptions of Assets Not Held at Schwab may be abbreviated or truncated.

Some securities, especially thinly traded equities in the OTC market or foreign markets, may not report the most current price and are indicated as Stale Priced. Certain Limited Partnerships (direct participation programs) and unlisted Real Estate Investment Trust (REIT) securities, for which you may see a value on your monthly Account statement that reflects the issuer’s appraised estimated value, are not listed on a national securities exchange, and are generally illiquid. Even if you are able to sell such securities, the price received may be less than the per share appraised estimated value provided in the account statement.

Market Value: The Market Value is computed by multiplying the Market Price by the Quantity of Shares.

This is the dollar value of your present holdings in your specified Schwab Account or a summary of the Market Value summed over multiple accounts. Non-Publicly Traded Securities: All assets shown on this statement, other than certain direct investments which may be held by a third party, are held in your Account.

Values of certain Non-Publicly Traded Securities may be furnished by a third party as provided by Schwab's Account Agreement. Schwab shall have no responsibility for the accuracy or timeliness of such valuations.

The Securities Investor Protection Corporation (SIPC) does not cover many limited partnership interests.

Schwab Sweep Money Funds: Includes the primary money market funds into which Free Credit Balances may be automatically invested pursuant to your Account Agreement. Schwab or an affiliate acts and receives compensation as the Investment Advisor, Shareholder Service Agent and Distributor for the Schwab Sweep Money Funds. The amount of such compensation is disclosed in the prospectus. The yield information for Schwab Sweep Money Funds is the current 7-day yield as of the statement period. Yields vary. If on any given day, the accrued daily dividend for your selected sweep money fund as calculated for your account is less than ½ of 1 cent ($0.005), your account will not earn a dividend for that day. In addition, if you do not accrue at least 1 daily dividend of $0.01 during a pay period, you will not receive a money market dividend for that period. Schwab and the Schwab Sweep Money Funds investment advisor may be voluntarily reducing a portion of a Schwab Sweep Money Fund's expenses. Without these reductions, yields would have been lower. Securities Products and Services: Securities products and services are offered by Charles Schwab & Co., Inc., Member SIPC. Securities products and services, including unswept intraday funds and net credit balances held in brokerage accounts are not deposits or other obligations of, or guaranteed by, any bank, are not FDIC insured, and are subject to investment risk and may lose value. SIPC does not cover balances held at Program Banks in the Bank Sweep and Bank Sweep for Benefit Plans features. Please see your Cash Feature Disclosure Statement for more information on insurance coverage. Yield to Maturity: This is the actual average annual return on a note if held to maturity.

IN CASE OF ERRORS OR DISCREPANCIES: If you find an error or discrepancy relating to your brokerage activity (other than an electronic fund transfer) you must notify us promptly, but no later than 10 days after this statement is sent or made available to you. If this statement shows that we have mailed or delivered security certificate(s) that you have not received, notify Schwab immediately. You may call us at 800-435-4000. (Outside the U.S., call +1-415-667-8400.) If you're a client of an independent investment advisor, call us at 800-515-2157. Any oral communications should be re-confirmed in writing to further protect your rights, including rights under the Securities Investor Protection Act (SIPA). If you do not so notify us, you agree that the statement activity and Account balance are correct for all purposes with respect to those brokerage transactions. IN CASE OF COMPLAINTS: If you have a complaint regarding your Schwab statement, products or services, please write to Client Service & Support at Charles Schwab & Co., Inc., P.O. Box 982603 El Paso, TX 79998-2603, or call customer service at 800-435-4000. (Outside the U.S., call +1-415-667-8400.) If you're a client of an independent investment advisor, call us at 800-515-2157.

Address Changes: If you fail to notify Schwab in writing of any change of address or phone number, you may not receive important notifications about your Account, and trading or other restrictions might be placed 19 of 20
Statement Period
September 1-30, 2025

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Terms and Conditions (continued)
on your Account. Additional Information: We are required by law to report to the Internal Revenue Service adjusted cost basis information (if applicable), certain payments to you and credits to your Account during the calendar year. Retain this statement for income tax purposes. A financial statement for your inspection is available at Schwab's offices or a copy will be mailed to you upon written request. Any third-party trademarks appearing herein are the property of their respective owners. Charles Schwab & Co., Inc., Charles Schwab Bank, Charles Schwab Premier Bank, and Charles Schwab Trust Bank are separate but affiliated companies and subsidiaries of the Charles Schwab Corporation. © 2025 Charles Schwab & Co., Inc. ("Schwab"). All rights reserved. Member SIPC. (O1CUSTNC) (0822-20UL) Schwab Institutional is a division of Charles Schwab & Co., Inc., and provides back office brokerage and related services to independent investment advisors and retirement plan providers. Schwab is a registered broker-dealer and is not affiliated with your Investment Advisor whose name appears on this statement ("Advisors") except in the case of Charles Schwab Investment Advisory, Inc. ("CSIA"), Schwab Wealth Investment Advisory, Inc. ("SWIA"), or an affiliated company that may act as the investment advisor on a fund. Schwab neither endorses nor recommends any particular Advisor or its investment strategy and has no responsibility to monitor trading by any Advisor in your Account. Schwab has not verified any statement accompanying any Advisor's logo appearing on this statement. Not all of these products and services may benefit your Account, and Schwab may provide them to Advisors on the Advisor's commitment to place a certain amount of its clients' assets in brokerage accounts at Schwab within a certain period of time. This commitment could influence an Advisor's recommendation or requirement that its clients establish brokerage accounts at Schwab. For questions about this statement, or if there is a change in your financial situation, investment objectives, or risk profile, please contact your Independent Investment Manager and/or Advisor.

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San Pablo City CouncilNovember 17, 2025

San Pablo City Council
November 17, 2025