Information on Central Lincoln People’s Utility District Bond Sale

The Central Lincoln People's Utility District ("the District") is preparing to sell its approximately $48.6 million Electric System Revenue and Refunding Bonds, Series 2025 (the "Bonds") that were authorized by Ordinance No. 99 adopted by the District's Board of Commissioners on September 17, 2025.

The District's customers have expressed interest in investing in the Bonds and have asked District officials to provide information on how they can purchase the Bonds.

A Preliminary Official Statement providing detailed disclosure concerning the structure of the offering, use of proceeds, tax-exemption, security for payment of principal and interest on the Bonds is expected to be publicly available on October 22, 2025. An electronic copy (PDF) of the Preliminary Official Statement will be posted on the District's website when it becomes available.

The following is a summary of the expected bond offering (all information is preliminary, subject to change):

Individuals who wish to purchase these Bonds may do so either through Charles Schwab or Piper Sandler. If you have an existing account, please reach out to your respective sales representative. Otherwise, below is contact information for both firms. Please note: account opening procedures may require advance efforts to be completed prior to the pending sale date for the financing.

Below is the contact information for Piper Sandler and Charles Schwab.

Piper Sandler

Tom Tisell
Fixed Income Registered Representative | Individual Customer Sales
Direct: (612) 303-6658
Hours: M-F, 6 a.m.-3 p.m. Mountain

Charles Schwab

https://www.schwab.com/open-an-account

Piper Sandler will communicate the date by which orders will need to be submitted. Please identify yourself as a "Customer of the Central Lincoln People's Utility District" should you contact them. As a valued customer, the District will instruct the underwriter to give priority to your order(s) after you have reviewed the Preliminary Official Statement and consulted your financial advisor.

Please also note: In the event of excess demand, it is possible that not all orders would be able to be accommodated.

Thank you for your interest and continued support of the Central Lincoln People's Utility District.

This memorandum is neither an offer to sell nor a solicitation of an offer to buy the Bonds. Any offer or solicitation would be made only pursuant to the Preliminary Official Statement and a final Official Statement provided after sale and setting forth final pricing information and Bond terms. This memorandum does not constitute investment advice and you are encouraged to consult with your financial advisor and read the Official Statement in its entirety before making an investment decision. The Official Statement will contain information that is important to making a decision whether to purchase any Bonds. No dealer, broker, salesperson, or any other person has been authorized to give any information or to make any representation concerning the District, the Bonds, or their contemplated offering and issuance other than information and representations that are contained in the Preliminary Official Statement or a final Official Statement. If any other information is provided or representation is made, you should not rely upon it.