Att A - Shuster Advisory Group Statement — San Pablo City Council, May 4, 2026

Monthly Treasurer's Report (3/31/2026)
City of San Pablo
Historical Cost Amortized Cost Market ValueUnrealized Gain / Loss
Weighted Average
Final Maturity (Days)
Weighted Average Life
(Years)
Percent
of Portfolio
Weighted Average
Effective Duration
Cash & Cash Equivalents $91,045.05 $91,045.05 $91,045.05 $0.00 1 0 0.11% 0.00 Corportate Bonds $24,246,331.30 $24,199,903.87 $24,103,063.88 -$96,839.99 1204 2.79 28.88% 2.49 Agency Securities1 $22,630,484.80 $22,618,778.60 $22,689,191.07 $70,412.47 2783 2.91 27.19% 1.97 U.S Treasuries $34,703,886.60 $34,700,391.86 $34,646,793.72 -$53,598.14 867 2.37 41.52% 2.21 Municipal Bonds $1,924,000.00 $1,924,000.00 $1,921,590.00 -$2,410.00 982 2.68 2.30% 2.53 Total $83,595,747.75 $83,534,119.38 $83,451,683.72 -$82,435.66 1487 2.64 100% 2.23 Accumulated
Accrued Interest Paid $133,310.60
Accumulated
Amortization of Securities $33,024.09
Accumulated Other Income
(Treasury Bill Interest / Realized Gains)($804,007.38)
Accumulated
Principal Prepayments $166,543.89
General Ledger Historical Cost $83,124,618.95
1 - Unrealized Gains/Loss includes a loss of $47,972.67 from manual calculations for the following CUSIPS: 3142JCAB6, 3142JCAC4, 3142JCAT7, 3142JCAU4, 3142JCA42, 3142JCBF6 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 18
Statement Period
March 1-31, 2026

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
03/31-00000-AC115-REG27709-211REG99377-112REG91216-184
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
Account Summary
Ending Account Value as of 03/31 Beginning Account Value as of 03/01 $83,451,683.72 $83,969,005.33
Online Assistance
Visit us online at schwaballiance.com
Visit schwab.com/stmt to explore the features
and benefits of this statement.

Apr'25 May Jun Jul Aug Sep Oct Nov Dec Jan'26 Feb Mar
$0.0M
$19.6M
$39.3M
$58.9M
$78.6M
$98.3M
This Statement YTD
Beginning Account Value $83,969,005.33 $83,136,323.96
Deposits 0.00 0.00
Withdrawals 0.00 0.00
Dividends and Interest 302,813.05 915,627.98
Market Appreciation/(Depreciation) (819,301.33) (583,211.15) Expenses (833.33) (17,057.07)
Ending Account Value $83,451,683.72 $83,451,683.72
Pending Dividends and Accrued Interest d 666,617.47
Total Estimated Value d $84,118,301.19
Ending Account Value reflects the market value of your cash and investments. It does not include pending transactions, accrued interest, unpriced securities or assets held outside Schwab's custody. 2 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
i
Asset Allocation
This Period Current Allocation
Cash and Cash Investments 421,329.48 <1%
Fixed Income 83,030,354.24 99%
Total $83,451,683.72 100%
i
Top Account Holdings This Period
SYMBOL
CUSIP Description
Market
Value
% of
Accounts
91282CMF5 US TREASUR NT 4,783,769.18 6%
91282CQA2 US TREASUR NT 2,726,367.05 3%
3133ETTC1 FFCB 2,489,840.00 3%
3142JCAC4 FHLMC RR0002 2,341,706.49 3%
3142JCA42 FHLMC RR0026 2,096,400.49 3%
.

Gain or (Loss) Summary
Short-Term (ST) Long-Term (LT)
Gain (Loss) Net Gain (Loss) Net
This
Period 16,918.27 0.00 16,918.27
b
5,491.25 0.00 5,491.25b
YTD 26,487.94 70,038.87
Unrealized ($34,462.99) b
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 8.61 0.00 26.07
Corporate Bond and
Other Interest

0.00 135,092.61 0.00 505,751.86
Treasury Bond
Interest

0.00 82,126.36 0.00 206,286.78
Treasury Bill Interest 0.00 20,788.35 0.00 23,817.35
Municipal Bond
Interest

0.00 0.00 0.00 10,065.00
Agency Security
Interest

0.00 90,000.00 0.00 190,062.50
Total Income $0.00 $328,015.93 $0.00 $936,009.56
Accrued Interest
Paid 4

0.00 (44,459.43) 0.00 (89,372.49)
4 Certain accrued interest paid on taxable bonds may be deductible; consult your tax advisor A Message About Your Account
Statement of Financial Condition
3 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
A Message About Your Account (continued)
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 December 31, 2025, CS&Co had net capital and a net capital requirement of $13.2 billion and $2.6 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 03/01 +
Transfer of
Securities(In/Out) +
Dividends
Reinvested + Cash Activity +
Change in
Market Value =
Ending Value
as of 03/31 Cost Basis
Unrealized
Gain/(Loss)
$83,969,005.33 $0.00 $0.00 $301,979.72 ($819,301.33) $83,451,683.72 $83,112,789.90 ($34,462.99) b 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 13,125.00 13,125.00 (330,284.43) <1%
Bank Sweep CHARLES SCHWAB

BANK,X,Z
775,916.06 249,000.00 (526,916.06) 0.01% <1%
Bank Sweep SCHWAB PREMIER

BANK,X,Z
249,000.00 159,204.48 (89,795.52) 0.01% <1%
Total Cash and Cash Investments $1,024,916.06 $421,329.48 ($603,586.58) <1% Positions - Fixed Income
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($) b
Yield to
Maturity
Est. Annual
Income($)
Accrued
Interest$)
% of
Acct
9128286S4 US TREASU NT 2.375% 04/30/26 1,200,000.0000 99.87500 1,198,500.00 1,130,675.90 1,130,675.90 a
67,824.10 4.86% 28,500.00 11,966.85 1%
91282CHB0 US TREASU NT 3.625% 05/15/26 1,250,000.0000 99.97656 1,249,707.00 1,246,584.51 1,246,584.51
3,122.49 N/A y 45,312.50 17,148.65 1%
91282CLS8 US TREASU NT 4.125% 10/31/26 675,000.0000 100.17578 676,186.52 673,499.33 673,499.33 a
2,687.19 4.25% 27,843.75 11,691.30 <1%
4 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($) b
Yield to
Maturity
Est. Annual
Income($)
Accrued
Interest$)
% of
Acct
91282CNE7 US TREASU NT 3.875% 05/31/27 750,000.0000 100.07031 750,527.33 750,944.90 751,095.25
(417.57) 3.79% 29,062.50 9,740.73 <1%
91282CNL1 US TREASUR NT 3.75% 06/30/27 2,000,000.0000 99.92187 1,998,437.40 2,000,204.32 2,000,375.35
(1,766.92) N/A y 75,000.00 18,853.59 2%
91282CNP2 US TREASU NT 3.875% 07/31/27 1,500,000.0000 100.03906 1,500,585.90 1,502,497.53 1,503,186.58
(1,911.63) N/A y 58,125.00 9,633.98 2%
91282CPB1 US TREASUR NT 3.5% 09/30/27 750,000.0000 99.51953 746,396.48 750,741.47 750,948.76
(4,344.99) 3.43% 26,250.00 71.72 <1%
91282CMB4 US TREASUR NT 4.0% 12/15/27 1,750,000.0000 100.28125 1,754,921.88 1,755,003.94 1,755,003.94
(82.06) 3.83% 70,000.00 20,576.92 2%
91282CPS4 US TREASU NT 3.375% 12/31/27 750,000.0000 99.23828 744,287.10 747,579.62 747,579.62
(3,292.52) 3.55% 25,312.50 6,363.09 <1%
91282CMF5 US TREASUR NT 4.25% 01/15/28 4,750,000.0000 100.71093 4,783,769.18 4,811,959.37 4,811,959.37
(28,190.19) N/A y 201,875.00 42,382.60 6%
91282CNH0 US TREASU NT 3.875% 06/15/28 1,250,000.0000 100.15234 1,251,904.25 1,254,748.38 1,255,285.76
(2,844.13) N/A y 48,437.50 14,238.50 2%
91282CHK0 US TREASUR NT
Moodys: NR S&P: NR

4.0% 06/30/28 1,000,000.0000 100.42187 1,004,218.70 999,065.85 999,065.85 a
5,152.85 4.02% 40,000.00 10,055.25 1%
91282CNM9 US TREASU NT 3.875% 07/15/28 1,250,000.0000 100.12890 1,251,611.25 1,255,844.69 1,256,741.23
(4,233.44) N/A y 48,437.50 10,169.20 1%
91282CNU1 US TREASU NT 3.625% 08/15/28 1,250,000.0000 99.58203 1,244,775.38 1,249,816.79 1,249,816.79
(5,041.41) 3.63% 45,312.50 5,632.77 1%
91282CNY3 US TREASU NT 3.375% 09/15/28 1,000,000.0000 98.97265 989,726.50 992,746.06 992,746.06
(3,019.56) 3.64% 33,750.00 1,559.10 1%
91282CPC9 US TREASUR NT 3.5% 10/15/28 1,500,000.0000 99.23046 1,488,456.90 1,499,309.02 1,499,309.02
(10,852.12) 3.52% 52,500.00 24,230.77 2%
91282CJW2 US TREASUR NT 4.0% 01/31/29 1,250,000.0000 100.45312 1,255,664.00 1,267,785.54 1,267,785.54
(12,121.54) 3.48% 50,000.00 8,287.29 2%
91282CQA2 US TREASUR NT 3.5% 02/15/29 2,750,000.0000 99.14062 2,726,367.05 2,741,635.71 2,741,635.71
(15,268.66) 3.61% 96,250.00 11,964.78 3%
5 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($) b
Yield to
Maturity
Est. Annual
Income($)
Accrued
Interest$)
% of
Acct
91282CFJ5 US TREASU NT 3.125% 08/31/29 850,000.0000 97.66015 830,111.28 820,286.05 820,286.05 a
9,825.23 3.92% 26,562.50 2,309.78 <1%
91282CLR0 US TREASU NT 4.125% 10/31/29 600,000.0000 100.81640 604,898.40 600,424.92 600,494.20 a
4,473.48 4.11% 24,750.00 10,392.27 <1%
91282CGQ8 US TREASUR NT 4.0% 02/28/30 800,000.0000 100.38671 803,093.68 802,400.18 802,720.00 a
693.50 3.92% 32,000.00 2,782.61 <1%
91282CNN7 US TREASU NT 3.875% 07/31/30 1,250,000.0000 99.84765 1,248,095.63 1,255,036.98 1,255,490.98
(6,941.35) N/A y 48,437.50 8,028.31 1%
91282CNX5 US TREASU NT 3.625% 08/31/30 1,000,000.0000 98.76562 987,656.20 994,777.31 994,777.31
(7,121.11) 3.74% 36,250.00 3,152.17 1%
91282CPD7 US TREASU NT 3.625% 10/31/30 1,500,000.0000 98.71875 1,480,781.25 1,499,953.93 1,499,953.93
(19,172.68) 3.63% 54,375.00 22,831.49 2%
91282CPR6 US TREASU NT 3.625% 12/31/30 500,000.0000 98.64843 493,242.15 494,991.00 494,991.00
(1,748.85) 3.85% 18,125.00 4,556.28 <1%
91282CJX0 US TREASUR NT 4.0% 01/31/31 1,250,000.0000 100.20703 1,252,587.88 1,271,594.13 1,271,594.13
(19,006.25) 3.61% 50,000.00 8,287.29 2%
3133EP7C3 FFCB
Moodys: Aa1 S&P: AA+

4.625% 04/01/26 600,000.0000 99.98920 599,935.20 597,897.00 597,897.00 a
2,038.20 4.82% 27,750.00 13,875.00 <1%
3130AWGR5 FHLB
Moodys: Aa1 S&P: AA+

4.375% 06/12/26 500,000.0000 100.10580 500,529.00 492,035.00 492,035.00 a
8,494.00 5.01% 21,875.00 6,623.26 <1%
3133EPPE9 FFCB
Moodys: Aa1 S&P: AA+

4.375% 07/06/26 500,000.0000 100.14410 500,720.50 493,905.00 493,905.00 a
6,815.50 4.83% 21,875.00 5,164.93 <1%
3133EPQC2 FFCB
Moodys: Aa1 S&P: AA+

4.625% 07/17/26 1,000,000.0000 100.23440 1,002,344.00 1,000,254.94 1,001,388.83 a
2,089.06 4.57% 46,250.00 9,506.94 1%
3130AWTQ3 FHLB
Moodys: Aa1 S&P: AA+

4.625% 09/11/26 1,050,000.0000 100.35890 1,053,768.45 1,043,563.50 1,043,563.50 a
10,204.95 4.84% 48,562.50 2,697.92 1%
3135G0Q22 FEDERAL NTNL MO
Moodys: Aa1 S&P: AA+

1.875% 09/24/26 550,000.0000 99.09360 545,014.80 512,119.85 512,119.85 a
32,894.95 4.50% 10,312.50 200.52 <1%
3130ATUS4 FHLB
Moodys: Aa1 S&P: AA+

4.25% 12/10/27 800,000.0000 100.62310 804,984.80 805,302.97 812,080.00 a
(318.17) 3.90% 34,000.00 10,483.33 <1%
6 of 18
Statement Period
March 1-31, 2026

3.25% 06/09/28 750,000.0000 98.70090 740,256.75 715,185.00 715,185.00 a
25,071.75 4.55% 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 99.59360 2,489,840.00 2,499,760.00 2,499,760.00
(9,920.00) 4.08% 102,000.00 13,316.67 3%
3130AVBD3 FHLB
Moodys: Aa1 S&P: AA+

4.5% 03/09/29 1,200,000.0000 101.66490 1,219,978.80 1,189,191.91 1,189,191.91 a
30,786.89 4.71% 54,000.00 3,300.00 1%
3130ATHX8 FHLB
Moodys: Aa1 S&P: AA+

4.125% 09/14/29 800,000.0000 100.60220 804,817.60 804,833.78 806,608.00 a
(16.18) 3.94% 33,000.00 1,558.33 <1%
3130ATUT2 FHLB
Moodys: Aa1 S&P: AA+

4.5% 12/14/29 1,100,000.0000 101.88510 1,120,736.10 1,108,529.81 1,110,120.00 a
12,206.29 4.29% 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 100.14130 926,307.03 928,269.13 928,700.00 a
(1,962.10) 4.65% 43,937.50 12,571.01 1%
166764BL3 CHEVRON
Moodys: Aa2 S&P: AA-

2.954% 05/16/26 300,000.0000 99.80020 299,400.60 286,149.00 286,149.00 a
13,251.60 4.49% 8,862.00 3,323.25 <1%
025816DT3 AMERICAN EXPRESS
VAR
Moodys: A2 S&P: A-
CALLABLE 04/23/26 AT 100.00000
04/23/27 250,000.0000 100.09500 250,237.50 251,849.15
252,057.50
(1,611.65) 5.13% 14,112.50 6,193.82 <1%
61772BAB9 MORGAN STANLEY
VAR
Moodys: A1 S&P: A-
CALLABLE 05/04/26 AT 100.00000
05/04/27 250,000.0000 99.75330 249,383.25 244,865.00
244,865.00
4,518.25 2.82% 3,982.50 1,626.19 <1%
931142EX7 WALMART INC.

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

3.95% 09/09/27 500,000.0000 99.88860 499,443.00 496,125.00 496,125.00 a
3,318.00 4.25% 19,750.00 1,206.94 <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 100.75940 251,898.50 252,982.83
254,080.00
(1,084.33) 5.10% 14,832.50 659.22 <1%
172967LD1 CITIGROUP INC. VAR
Moodys: A3 S&P: BBB+
CALLABLE 01/10/27 AT 100.00000
01/10/28 250,000.0000 99.48010 248,700.25 248,192.50
248,192.50
507.75 4.20% 9,717.50 2,186.44 <1%
02665WED9 AMERICAN HONDA FI
Moodys: A3 S&P: BBB+

4.7% 01/12/28 700,000.0000 100.25050 701,753.50 702,064.29 704,634.00 a
(310.79) 4.54% 32,900.00 7,219.72 <1%
7 of 18
Statement Period
March 1-31, 2026

5.25% 02/15/28 750,000.0000 101.61660 762,124.50 767,222.90 769,817.50
(5,098.40) N/A y 39,375.00 5,031.25 <1%
194162AR4 COLGATE-PALMOLIVE
Moodys: Aa3 S&P: A+
CALLABLE 02/01/28 AT 100.00000

4.6% 03/01/28 540,000.0000 101.30770 547,061.58 537,904.80 537,904.80 a
9,156.78 4.69% 24,840.00 2,070.00 <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 100.57740 502,887.00 493,205.00
493,205.00 a
9,682.00 5.28% 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 103.72510 622,350.60 612,489.93 622,188.00 a
9,860.67 4.91% 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 98.76370 246,909.25 246,872.50
246,872.50

36.75 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 100.90460 504,523.00 496,385.00 496,385.00 a
8,138.00 4.67% 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 101.82900 509,145.00 499,545.00 499,545.00 a
9,600.00 4.87% 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 100.32860 752,464.50 757,204.37
758,382.50
(4,739.87) 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 101.60550 508,027.50 501,985.19 502,680.00 a
6,042.31 4.78% 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 101.26410 253,160.25 255,919.27
256,205.00
(2,759.02) 4.46% 13,005.00 5,635.50 <1%
478160CU6 JOHNSON & JOHNSON
Moodys: Aaa S&P: AAA
CALLABLE 05/01/29 AT 100.00000

4.8% 06/01/29 600,000.0000 102.34650 614,079.00 619,952.22 626,286.00 a
(5,873.22) 3.78% 28,800.00 9,600.00 <1%
8 of 18
Statement Period
March 1-31, 2026

3.3% 08/23/29 500,000.0000 96.28070 481,403.50 482,065.00 482,065.00
(661.50) 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
10/24/29 500,000.0000 104.29110 521,455.50 529,391.07
530,032.50
(7,935.57) N/A y 32,420.00 14,138.72 <1%
00287YBX6 ABBVIE INC.

Moodys: A2 S&P: A-
CALLABLE 08/21/29 AT 100.00000

3.2% 11/21/29 750,000.0000 96.18600 721,395.00 721,955.00 721,955.00
(560.00) N/A y 24,000.00 8,666.67 <1%
20826FBJ4 CONOCOPHILLIPS CO
Moodys: A2 S&P: A-
CALLABLE 12/15/29 AT 100.00000

4.7% 01/15/30 1,000,000.0000 100.68280 1,006,828.00 1,015,988.58 1,017,287.50
(9,160.58) N/A y 47,000.00 9,922.22 1%
46647PEB8 JPMORGAN CHASE &
VAR
Moodys: A1 S&P: A
CALLABLE 01/23/29 AT 100.00000
01/23/30 1,750,000.0000 101.13950 1,769,941.25 1,787,828.26 1,790,202.50
(17,887.01) N/A y 87,710.00 16,567.44 2%
91159HJQ4 U.S. BANCORP VAR
Moodys: A3 S&P: A
CALLABLE 01/23/29 AT 100.00000
01/23/30 1,000,000.0000 102.12610 1,021,261.00 1,029,157.33 1,031,975.00
(7,896.33) N/A y 53,840.00 10,169.78 1%
95000U4D2 WELLS FARGO & CO
VAR
Moodys: A1 S&P: BBB+
CALLABLE 01/23/29 AT 100.00000
01/23/30 350,000.0000 99.12500 346,937.50 349,639.00
349,639.00
(2,701.50) 4.21% 14,637.00 2,764.77 <1%
95000U3J0 WELLS FARGO & CO
VAR
Moodys: A1 S&P: BBB+
CALLABLE 01/23/29 AT 100.00000
01/23/30 500,000.0000 101.41730 507,086.50 512,492.40
513,725.00
(5,405.90) 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 102.06670 1,020,667.00 1,031,377.73 1,034,020.00
(10,710.73) N/A y 54,350.00 10,115.14 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 98.60560 246,514.00 246,885.00
246,885.00
(371.00) 4.28% 9,935.00 1,490.25 <1%
9 of 18
Statement Period
March 1-31, 2026

3.4% 04/01/30 750,000.0000 96.04320 720,324.00 723,957.50 723,957.50
(3,633.50) N/A y 25,500.00 12,750.00 <1%
61747YFQ3 MORGAN STANLEY
VAR
Moodys: A1 S&P: A-
CALLABLE 04/18/29 AT 100.00000
04/18/30 500,000.0000 102.56300 512,815.00 520,503.42
521,192.50
(7,688.42) 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 102.77100 256,927.50 259,823.79
260,202.50
(2,896.29) 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 103.26200 774,465.00 782,241.97
783,372.50
(7,776.97) 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 102.63880 513,194.00 519,024.83
519,945.00
(5,830.83) 4.55% 27,460.00 10,450.06 <1%
11135FCK5 BROADCOM INC.

Moodys: A3 S&P: A-
CALLABLE 06/15/30 AT 100.00000

4.6% 07/15/30 750,000.0000 100.49440 753,708.00 765,242.50 765,242.50
(11,534.50) 4.09% 34,500.00 7,283.33 <1%
38141GB29 THE GOLDMAN SACHS
VAR
Moodys: A2 S&P: BBB+
CALLABLE 07/23/29 AT 100.00000
07/23/30 750,000.0000 101.00740 757,555.50 765,460.44
766,735.00
(7,904.94) N/A y 37,867.50 7,152.75 <1%
718172DH9 PHILIP MORRIS I
Moodys: A2 S&P: A-
CALLABLE 12/13/30 AT 100.00000

5.125% 02/13/31 750,000.0000 101.84670 763,850.25 781,457.50 781,457.50
(17,607.25) 4.18% 38,437.50 5,125.00 <1%
883556DC3 THERMO FISHER SCI
Moodys: A2 S&P: A-
CALLABLE 02/01/31 AT 100.00000

4.2% 03/01/31 1,000,000.0000 98.75870 987,587.00 1,002,154.17 1,002,160.00
(14,567.17) N/A y 42,000.00 3,500.00 1%
80168AJJ7 SANTA CLARA VY C
Moodys: Aa1 S&P: NR

3.79% 06/01/27 1,000,000.0000 99.99300 999,930.00 1,000,010.00 1,000,010.00
(80.00) 0.00% 37,900.00 12,633.33 1%
797272RS2 SAN DIEGO CALIF
Moodys: Aa1 S&P: AAA

2.013% 08/01/30 1,000,000.0000 92.16600 921,660.00 923,990.00 923,990.00
(2,330.00) 3.82% 20,130.00 3,355.00 1%
10 of 18
Statement Period
March 1-31, 2026

4.5% 06/01/40 1,500,000.0000 99.39703 1,238,663.81 N/A
1,251,249.14
N/A N/A N/A N/A 1%
3142JCAC4 FHLMC RR0002
FACTOR= .775188710
REMAIN PRIN=$2,325,566.13

5.0% 06/01/40 3,000,000.0000 100.69404 2,341,706.49 N/A 2,341,843.14
N/A N/A N/A N/A 3%
3142JCAT7 FHLMC RR0017
FACTOR= .805951140
REMAIN PRIN=$1,208,926.71

5.0% 08/01/40 1,500,000.0000 100.69134 1,217,284.50 N/A 1,226,077.29
N/A N/A N/A N/A 1%
3142JCAU4 FHLMC RR0018
FACTOR= .811919240
REMAIN PRIN=$2,029,798.10

5.5% 08/01/40 2,500,000.0000 101.90635 2,068,493.16 N/A 2,076,587.13
N/A N/A N/A N/A 2%
3142JCA42 FHLMC RR0026
Moodys: NR S&P: NR
FACTOR= .822888610
REMAIN PRIN=$2,057,221.53

5.5% 09/01/40 2,500,000.0000 101.90446 2,096,400.49 N/A 2,103,276.55
N/A N/A N/A N/A 3%
3142JCBF6 FHLMC RR0037
FACTOR= .952034000
REMAIN PRIN=$1,428,051.00

4.5% 11/01/40 1,500,000.0000 99.25483 1,417,409.59 N/A
1,428,897.46
N/A N/A N/A N/A 2%
Total Fixed Income 85,090,000.0000 $83,030,354.24 ($34,462.99) $3,009,514.75 $666,617.47 99% Total Adj Cost Basis $72,684,859.19
Total Orig Cost Basis $83,174,418.27
Accrued Interest 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.

Estimated Annual Income ("EAI") and Estimated Yield ("EY") calculations are for informational purposes only and are derived from information provided by outside parties. Schwab cannot guarantee the accuracy of such information. Since the interest and dividends are subject to change at any time, they should not be relied upon exclusively for making investment decisions. The actual income and yield might be lower or higher than the estimated amounts. EY is based upon EAI and the current price of the security and will fluctuate. For certain types of securities, the calculations could include a return of principal or capital gains in which case EAI and EY would be overstated. EY and EAI are not promptly updated to reflect when an issuer has missed a regular payment or announced changes to future payments, in which case EAI and EY will continue to display at a prior rate.

Total Adj Cost Basis and Total Orig Cost Basis are the sums of the individual positions held, which may be incomplete or unavailable. 11 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
Transactions - Summary
Beginning Cash* as of 03/01 + Deposits + Withdrawals + Purchases + Sales/Redemptions + Dividends/Interest + Expenses = Ending Cash* as of 03/31 $1,024,916.06 $0.00 $0.00 ($8,937,078.51) $8,031,512.21 $302,813.05 ($833.33) $421,329.48 Other Activity $0.00 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($)
Realized
Gain/(Loss)($)
03/02 Purchase Bought Prime 91282CMF5 US TREASUR NT 4.25%01/28 UST NOTE DUE 01/15/28
950,000.0000 101.5041 5,140.52 (969,429.23)
Executed by BNP Paribas Securities Bond as Principal; Accrued interest $5,130.52; Schwab Prime Broker Fee $10.00 Interest Bond Interest 14040HCN3 CAPITAL ONE FINL VAR 30 DUE 03/01/30
8,182.50
Interest Bond Interest 194162AR4 COLGATE-PALMOLIVE 4.6%28 DUE 03/01/28
12,420.00
Interest Bond Interest 883556DC3 THERMO FISHER SCI 4.2%31 DUE 03/01/31
8,400.00
Interest Bond Interest 91282CFJ5 US TREASU NT 3.125%08/29UST NOTE DUE 08/31/29
13,281.25
Interest Bond Interest 91282CNX5 US TREASU NT 3.625%08/30UST NOTE DUE 08/31/30
18,125.00
Interest Bond Interest 91282CGQ8 US TREASUR NT 4%02/30UST NOTE DUE 02/28/30
16,000.00
Interest Bond Interest 91282CCW9 US TREASUR NT 0.75%08/26UST NOTE DUE 08/31/26
4,500.00
03/04 Sale Sold Prime 912797TB3 US TREASURY BILL26 U S T BILL DUE 03/31/26
(1,350,000.0000) 99.7276 10.00 1,346,312.09 3,999.80,(ST) Executed by RBC Capital Markets, LLC as Principal; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 91282CMF5 US TREASUR NT 4.25%01/28 UST NOTE DUE 01/15/28
1,300,000.0000 101.2070 7,338.15 (1,323,029.15)
Executed by J.P. Morgan Securities LLC as Principal; Accrued interest $7,325.97; Schwab Prime Broker Fee $10.00; Other Charges $2.18 12 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
Transaction Details (continued)
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
03/04 Interest Bond Interest 17327CAW3 CITIGROUP INC. VAR 29 DUE 03/04/29
17,947.50
03/05 Redemption Full Redemption 912797RV1 US TREASURY BILXXX **MATURED**
2,750,000.00
Treasury Bill interest $20,788.35
Other
Activity
Redemption 912797RV1 US TREASURY BILXXX
**MATURED**
(2,750,000.0000)
03/09 Sale Sold Prime 06051GJS9 BANK OF AMERICA C VAR 27 DUE 07/22/27
(500,000.0000) 99.1040 1,121.92 496,641.92 4,098.11,(ST) Executed by BOFA Securities, Inc./Fixed Income as Principal; Accrued interest $1,131.92; Schwab Prime Broker Fee $10.00 Sale Sold Prime 65339KBR0 NEXTERA ENERGY C 2.25%30
DUE 06/01/30
(500,000.0000) 92.2540 3,052.50 464,322.50 3,111.86(ST) Executed by Goldman, Sachs & Co as Principal; Accrued interest $3,062.50; Schwab Prime Broker Fee $10.00 Sale Sold Prime 91282CCW9 US TREASUR NT 0.75%08/26 UST
NOTE DUE 08/31/26
(1,200,000.0000) 98.6287 210.11 1,183,754.97 2,894.25(LT) Executed by Toronto Dominion Securities (USA) Inc as Principal; Accrued interest $220.11; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 883556DC3 THERMO FISHER SCI 4.2%31 DUE 03/01/31
500,000.0000 99.9070 476.67 (500,011.67)
Executed by Wells Fargo Securites LLC as Principal; Accrued interest $466.67; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 91282CQA2 US TREASUR NT 3.5%02/29 UST NOTE DUE 02/15/29
2,750,000.0000 99.6955 5,859.45 (2,747,485.16)
Executed by Toronto Dominion Securities (USA) Inc as Principal; Accrued interest $5,849.45; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 91282CMF5 US TREASUR NT 4.25%01/28 UST NOTE DUE 01/15/28
1,250,000.0000 101.1642 7,787.97 (1,272,340.85)
Executed by BNP Paribas Securities Bond as Principal; Accrued interest $7,777.97; Schwab Prime Broker Fee $10.00 Purchase Bought Prime 95000U4D2 WELLS FARGO & CO VAR 30 DUE 01/23/30
350,000.0000 99.8940 1,880.28 (351,509.28)
Executed by Citigroup Global Markets Inc as Principal; Accrued interest $1,870.28; Schwab Prime Broker Fee $10.00 Interest Bond Interest 3130AVBD3 FHLB 4.5%29 DUE
03/09/29
27,000.00
Interest Bond Interest 931142EX7 WALMART INC. 3.95%27
DUE 09/09/27
9,875.00
03/11 Interest Bond Interest 3130AWTQ3 FHLB 4.625%26 DUE 09/11/26
24,281.25
13 of 18
Statement Period
March 1-31, 2026

7.17 Interest Bank Interest X,Z BANK INT 021626-031526 SCHWAB

PREMIER BANK

1.44 Interest Bond Interest 06051GLV9 BANK OF AMERICA C VAR 27 DUE 09/15/27
7,416.25
Interest Bond Interest 3130ATHX8 FHLB 4.125%29 DUE
09/14/29
16,500.00
Interest Bond Interest 438516CY0 HONEYWELL INTERNT

4.7%30**CALLED** @103.363
EFF
4,406.25
Interest Bond Interest 91282CNY3 US TREASU NT 3.375%09/28UST NOTE DUE 09/15/28
16,875.00
03/20 Purchase Bought Prime 91282CMB4 US TREASUR NT 4%12/27 UST NOTE DUE 12/15/27
1,750,000.0000 100.2852 18,282.17 (1,773,273.17)
Executed by J.P. Morgan Securities LLC as Principal; Accrued interest $18,269.23; Schwab Prime Broker Fee $10.00; Other Charges $2.94 03/23 Expense Advisor Fee * MGMTFEE TO ADVISOR (833.33) 03/24 Interest Bond Interest 3135G0Q22 FEDERAL NTNL MO 1.875%26 DUE 09/24/26
5,156.25
03/25 Redemption Principal Payment 3142JCAB6 FHLMC RR0001 4.5%40 DUE 06/01/40
33,241.26
Redemption Principal Payment 3142JCAC4 FHLMC RR0002 5%40 DUE 06/01/40
86,099.19
14 of 18
Statement Period
March 1-31, 2026

Bank Sweep Activity
Date Description Amount Date Description Amount
03/01 Beginning Balance X,Z $1,024,916.06 03/16 BANK SWEEP XFER FROM SCHWAB PREMIER BANK (1.44) 03/02 BANK TRANSFER TO BROKERAGE (925,340.48) 03/16 BANK SWEEP XFER TO CHARLES SCHWAB BANK X 1.44 15 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
Bank Sweep Activity (continued)
Date Description Amount Date Description Amount
03/03 BANK CREDIT FROM BROKERAGE X 36,820.00 03/16 BANK CREDIT FROM BROKERAGE X 23,916.25 03/04 BANK CREDIT FROM BROKERAGE X 41,230.44 03/17 BANK CREDIT FROM BROKERAGE X 796,503.75 03/05 BANK CREDIT FROM BROKERAGE X 2,750,000.00 03/20 BANK TRANSFER TO BROKERAGE (1,773,273.17) 03/09 BANK TRANSFER TO BROKERAGE (2,699,627.57) 03/24 BANK CREDIT FROM BROKERAGE X 4,322.92 03/10 BANK CREDIT FROM BROKERAGE X 9,875.00 03/25 BANK CREDIT FROM BROKERAGE X 360,099.92 03/11 BANK CREDIT FROM BROKERAGE X 24,281.25 03/30 BANK CREDIT FROM BROKERAGE X 17,409.00 03/13 BANK CREDIT FROM BROKERAGE X 717,062.50 03/31 Ending Balance X,Z $408,204.48 03/15 BANK INTEREST - CHARLES SCHWAB BANK X,Z 7.17 03/31 Interest Rate * Z 0.01% 03/15 BANK INTEREST - SCHWAB PREMIER BANK X,Z 1.44
* Your interest period was 02/16/26 - 03/15/26. Z
Pending / Open Activity
Activity
Type Date Action
Symbol/
CUSIP Description Quantity
Market Price/
Rate per Share($) Limit Price($)
Settle/
Payable Date
Expiration
Date Amount($)
Pending 03/31 Bought
Prime
91282CMF5 US TREASUR NT 4.25%01/28 325,000.0000 100.7305 04/01 (330,284.43) Total Pending Transactions ($330,284.43)
Pending transactions are not included in account value. Pending dividends are projected and based on a security you held on the dividend record date but the dividend has not been received into your account.

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. a Data for this holding has been edited or provided by the advisor. b When available, Adjusted Cost Basis values are used in Gain or (Loss) calculations. d Pending dividends and accrued interest reflects the sum of the total pending dividends and/or accrued interest on positions held in your account, but the dividends and/or interest have not been received into your account. Schwab makes no representation the amounts shown will be received. These amounts are not covered by SIPC account protection until received and held 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 16 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
Endnotes For Your Account (continued)
in the account. 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 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 17 of 18
Statement Period
March 1-31, 2026

CITY OF SAN PABLO
MGR: BLACKROCK INVESTMENT
Schwab One® Account of
Account Number
****-*154
Terms and Conditions (continued)
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 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. © 2026 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 CouncilMay 4, 2026

San Pablo City Council
May 4, 2026