SUMMARY NOTICE OF SALE $1,320,000* IRMO CHAPIN RECREATION DISTRICT GENERAL OBLIGATION BOND SERIES 2025 BANK QUALIFIED Proposals will be received by the Irmo Chapin Recreation District ("District"), pursuant to a Request for Proposals ("Request for Proposals"). PROPOSALS DELIVERED BY E-MAIL WILL BE ACCEPTED AS DESCRIBED IN THE REQUEST FOR PROPOSALS. Sale Date: August 19, 2025, or on such other date and time as may be established by the District and communicated electronically not less than 48 hours prior to the time the proposals are to be received for the rescheduled sale. Sale Time: 11:00 a.m., South Carolina time. Bond Dated: Date of Delivery (expected to be August 29, 2025). Payment Date: The Bond will mature as to principal and interest on March 2, 2026. Good Faith Deposit: None. Rating: None. Redemption Provisions: The Bond is not subject to redemption prior to maturity. Tax Status: Tax-exempt and designated as a "qualified tax-exempt obligation" under section 265(b)(3) of the Internal Revenue Code of 1986, as amended. Legal Opinion: Parker Poe Adams & Bernstein LLP, Columbia, South Carolina. The Bond will be issued as a single certificate, in fully registered form, in the aggregate principal amount of the Bond. For additional information or a copy of the Request for Proposals, please contact the Financial Advisor for the District, Mike Gallagher, Director, Compass Municipal Advisors, LLC, 1310 Pulaski Street, Columbia, South Carolina 29201 (telephone: 803-765-1004; e-mail: mike.gallagher@compassmuni.com or Bond Counsel, Parker Poe Adams & Bernstein LLP, Post Office Box 1509, Columbia, South Carolina 29202-1509 (telephone: 803-255-8000; e-mail: columbiabondteam@parkerpoe.com). The Request for Proposals may be obtained on the internet at https://compassmuni.com/statements-loans.asp. _________________ * Preliminary, subject to change. IPL0259675 Aug 10 2025