NOTICE OF SALE OF SERIES 2025 BONDS NOT EXCEEDING $100,000,000 CAPITAL AREA FINANCE AUTHORITY SINGLE FAMILY MORTGAGE REVENUE BONDS (MORTGAGE-BACKED SECURITIES PROGRAM) SERIES 2025 (NON-AMT) .PLACE AND TIME OF SALE NOTICE IS HEREBY GIVEN in compliance with the provisions of Chapter 2-A of Title 9 of the Louisiana Revised Statutes of 1950, as amended (La. R.S. 9:2341 - 9:2347, inclusive) (the "Act"), that the Capital Area Finance Authority (the "Authority"), proposes to sell to Stifel, Nicolaus & Company, Incorporated or such other purchaser as may be designated by the Authority (the "Purchaser") in an principal amount of not to exceed One Hundred Million Dollars ($100,000,000) in the series captioned above (the "Series 2025 Bonds") at a rate not exceeding ten per centum (10%) per annum and at a purchase price of not less than the principal amount thereof, at the regular meeting of the Authority scheduled for June 16, 2025, at four (4:00) o'clock p.m., at the Authority's office at 601 St. Ferdinand Street, Baton Rouge, Louisiana, or such other date, time and/or place as may be determined by the Chairperson. Other proposals are hereby invited and, upon receipt will be considered, and the proposal most advantageous to the Authority will be accepted at the time of the sale. THE SERIES 2025 BONDS The Series 2025 Bonds will be issued pursuant to the terms of a resolution adopted by the Authority on June 16, 2025, under the provisions of the Act and an Indenture of Trust, as amended (the "Indenture"), by and between the Authority and Regions Bank (the "Trustee"). SECURITY FOR THE SERIES 2025 BONDS The Series 2025 Bonds are limited and special revenue bonds of the Authority and do not constitute or create a debt or obligation, either general or special, or liability or moral obligation of the State, the Parish or any political subdivision of either thereof, within the meaning of any constitutional or statutory provisions whatsoever, and neither the faith and credit nor the taxing power of the State, the Parish of East Baton Rouge (the "Parish") or of any political subdivision of either thereof is pledged to the payment of the principal of, premium, if any, or the interest on the Series 2025 Bonds. Neither the State, the Parish nor any political subdivision thereof shall in any manner be liable for the payment of the principal of, premium, if any, and interest on the Series 2025 Bonds or for the performance of any agreement or pledge of any kind which may be undertaken by the Authority and no breach by the Authority of any agreement shall create any obligation upon the State, the Parish or any political subdivision of either thereof. The Authority has no taxing power and receives no funds from the State, the Parish or any political subdivision of either thereof. The Series 2025 Bonds are payable from a pledge of income, revenues and receipts derived or to be derived from the Trust Estate under the Indenture. The Series 2025 Bonds shall be dated, shall mature not to exceed forty-two (42) years from their date of issue and shall bear interest at the rate or rates not in excess of ten percent (10.0%) as set forth in the Indenture. The Series 2025 Bonds will be issued in the fully registered form only. GENERAL INFORMATION This Notice of Sale of Series 2025 Bonds is being published in accordance with the requirements of the Act. For a period of thirty days from the date of publication of this Notice of Sale of Series 2025 Bonds, any person or persons in interest shall have the right to contest the legality of this Notice of Sale of Series 2025 Bonds or any resolution or other proceedings authorizing the issuance of the Series 2025 Bonds and the legality of the Series 2025 Bonds for any cause, after which time no one shall have any cause or right of action to contest the legality of said resolution or other proceedings or of the Series 2025 Bonds authorized thereby for any cause whatsoever. If no suit, action, or proceedings are begun contesting the validity of the Series 2025 Bonds within such thirty days, the authority to issue the Series 2025 Bonds and to provide for the payment thereof, the legality thereof and of all of the provisions of the resolution or other proceedings authorizing the issuance of the Series 2025 Bonds shall be conclusively presumed, and no court shall have the authority to inquire into such matters. Further information concerning the Series 2025 Bonds and copies of the Indenture and other documents pertaining to the creation of the Authority and supporting the issuance of the Series 2025 Bonds can be obtained from Butler Snow LLP, 201 St. Charles Avenue, Suite 2700, New Orleans, Louisiana 70170; or Capital Area Finance Authority, 601 St. Ferdinand Street, Baton Rouge, Louisiana 70802. The Authority reserves the right to reject any and all proposals and to waive any irregularities in any proposal. .Capital Area Finance Authority By: /s/ Russell Mosely Chairperson, Board of Trustees .June 2, 2025