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5105290.1 1 FOURTH AMENDMENT TO PURCHASE AND SALE AGREEMENT Town Hall Square THIS FOURTH AMENDMENT to Purchase and Sale Agreement (this “Amendment”) is entered into as of May 31, 2022 (the “Amendment Date”), by and among the Successor Agency to the Redevelopment Agency of the City of San Leandro, a public agency (the “Agency”), the City of San Leandro, a California charter city (the “City”), and Beam Development LLC, a California limited liability company (“Buyer”), and amends that certain Purchase and Sale Agreement dated December 7, 2017 by and between City and Buyer, as previously amended by the First Amendment to Purchase and Sale Agreement, dated December 4, 2018 , the Second Amendment to Purchase and Sale Agreement, dated January 31, 2020, and the Third Amendment to Purchase and Sale Agreement, dated January 31, 2022 (as amended, the “Agreement”). City, Agency and Buyer are individually referred to herein as a “Party” and collectively referred to herein as the “Parties.” Capitalized terms used without definition herein have the meaning ascribed to such terms in the Agreement. RECITALS A. Subject to the terms and conditions set forth in the Agreement, Buyer has agreed to purchase certain real property owned by the City and the Agency located at 212 Davis Street, 222 Davis Street, 250 Davis Street, 290 Davis Street, and 1199 E. 14th Street, in the City of San Leandro (the “Property”) for development of a project thereon. B. Pursuant to Section 5.2(a) of the Agreement, Buyer has a period to complete physical inspections of the Property and due diligence related to the purchase of the Property (the “Due Diligence Contingency Period”), which expires on May 31, 2022. The Parties have determined that it is necessary to continue the Due Diligence Contingency Period for additional time for Buyer to complete the investigation of the soils condition of the Property and to evaluate the implications of the soils condition on the potential costs, land use entitlement process, environmental review, and architectural design of the proposed project. C. City, Agency and Buyer desire to enter into this Amendment to extend the Due Diligence Contingency Period, and to make related changes to the date for close of escrow for the Buyer’s purchase of the Property. NOW, THEREFORE, for and in consideration of the mutual covenants and agreements contained in this Amendment, and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged by the Parties, Agency, City and Buyer hereby agree as follows: Section 1. Recitals. The above recitals are true, and the recitals and defined terms set forth therein are incorporated into this Amendment by this reference. DocuSign Envelope ID: 71E46BF3-1588-4957-B804-829CB68E081C