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*A division of U.S. Bancorp Asset Management, Inc. <br />**As of September 30, 2025. Public sector includes government, pool, and TERM. Total assets under management for U.S. Bancorp Asset Management, <br />Inc. were $402.1 billion. <br />About PFM Asset Management* <br />40+ years of experience in the <br />public sector** <br />$171.5b in public sector assets <br />under management** <br />Our Investment Solutions <br />•Outsourced Chief Investment Officer <br />(OCIO): Multi-asset class portfolios for <br />institutional investors <br />•Fixed Income: High-quality, short- and <br />intermediate-term portfolios for operating <br />funds, reserves, working capital, self- <br />insurance funds and bond proceeds <br />•Local Government Investment Pools <br />(LGIPs): services for programs with <br />options ranging from fully liquid cash <br />management to a fixed-rate, fixed-term <br />investment <br />•Specialized Solutions: Arbitrage rebate, <br />escrow restructuring, bond proceeds <br />investments, structured investments <br />42% <br />41% <br />17% <br />Assets by Investment Solution1 <br />Fixed Income <br />LGIPs <br />OCIO <br />1Illustrates public sector assets under management by investment solution <br />as of September 30, 2025. Total may not add up to 100% due to rounding. <br />1 <br />Exhibit A <br />Resolution No. 2026-061