Notice of Public Sale NOTICE OF PUBLIC SALE IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF UTAH CENTRAL DIVISION CELTIC BANK CORPORATION, Plaintiff, v. BLACKVILLE SOLAR II, LLC; RICHARDSON SOLAR, LLC; DIAMOND SOLAR, LLC; EDISON SOLAR, LLC; and C2 USB 2018 HOLDINGS, LLC, Defendants. Case No. 2:24-cv-00140-HCN-CMR Honorable Howard C. Nielson, Jr. Magistrate Judge Cecilia M. Romero NOTICE IS HEREBY GIVEN that Michael M. Beal, the court-appointed Receiver (the "Receiver") for Blackville Solar II, LLC ("Blackville"), Richardson Solar, LLC ("Richardson"), Diamond Solar, LLC ("Diamond"), and Edison Solar, LLC ("Edison," and together with Blackville, Richardson, and Diamond, the "Defendants") in the above-captioned matter is selling substantially all of the Defendants' assets at public auction to the highest bidder payable in lawful money of the United States. A list of the assets being sold, as well as the assets excluded from the sale, is attached hereto as Exhibits A and B. The sale will be held Monday, November 24, 2025 at 11:00 AM eastern at the Barnwell County Courthouse, 141 Main Street, Barnwell, South Carolina 29812 or as may be continued from time-to-time by the Receiver. The highest bidder must pay five percent (5%) of its bid in collected funds (the "Bid Deposit") to the Receiver within 24 hours of the close of the auction and must close its purchase of the property within seven (7) days of the approval of the sale by the United States District Court for the District of Utah (the "Court"). Upon approval of the sale by the Court, the Bid Deposit shall be non-refundable. In the event that the winning bidder does not pay the Bid Deposit within 24 hours of the close of the auction, then the Receiver shall select the second-highest bidder as the winning bidder and that bidder shall pay the Bid Deposit within 24 hours of being notified of their selection as the winning bidder. The property sold at auction will be sold free and clear of all interests, "as is, where is," and with no representations or warranties, pursuant to the Court's order approving the sale. To obtain further information regarding the assets being sold and the public auction, please contact Michael M. Beal, Beal, LLC, 1301 Gervais Street, Suite 1040, Columbia, SC 29201, mbeal@bealLLC.com, 803-722-7888. EXHIBIT A Assets Being Sold Any and all personal property, whether tangible or intangible, owned by BLACKVILLE SOLAR II, LLC, a North Carolina limited liability company ("Blackville Solar"), RICHARDSON SOLAR, LLC, a North Carolina limited liability company ("Richardson Solar"), DIAMOND SOLAR, LLC, a South Carolina limited liability company ("Diamond Solar"), and EDISON SOLAR, LLC, a South Carolina limited liability company ("Edison Solar") (the foregoing, collectively, "Defendants"), including without limitation – a. all contracts and contract rights; b. all equipment, machinery, and fixtures; c. all licenses and permits; d. all trademarks, tradenames, logos, and other materials used by Defendants; e. all of Defendants' books, records, and data; f. the entire businesses of the Defendants; 2. All right, title and interest of the Defendants in the real property leases described on Exhibit B hereto (collectively, the "Pledged Leases"); and 3. All right, title and interest of the Defendants in the real property, fixtures, equipment and personal property located upon or appurtenant to the real property described in the Pledged Leases. Excluded Assets The following assets are assets owned by the Defendants and under the control of the Receiver, but are not being sold pursuant to the public sale: 1. All cash, funds, and deposit accounts; 2. All accounts, payment intangibles, receivables, and rights to payment; 3. All rights under policies of insurance and; 4. All claims, counterclaims, and causes of action against Regions Bank and its affiliates, Bakare 777, LLC, Adejare Bakare and related defendants. EXHIBIT B Pledged Leases 1. Ground Lease Agreement dated as of August 28, 2015, by and between Rothschild Home Place Farm, LLC (the "Landlord") and Sustainable Energy Solutions, LLC (the "Original Tenant"), as assigned by Original Tenant to Blackville Solar II, LLC, ("Blackville") pursuant to that certain Assignment and Assumption of Ground Lease Agreement dated as of December 16, 2016, as amended by that certain First Amendment to Ground Lease Agreement dated as of August 28, 2017 by and between the Landlord and Blackville, as further amended by that certain Second Amendment to Ground Lease dated as of May 7, 2018, by and between the Landlord and Blackville, as further amended by that certain Third Amendment to Ground Lease Agreement dated as of November 11, 2018, by and between the Landlord and Blackville and as may be further amended, restated, amended and restated or modified from time to time. 2. Amended and Restated Solar Energy System Ground Lease and Easement Agreement dated as of July 26, 2017, by and between Richarson Lands Inc. (the "Landlord") and Richardson Solar, LLC ("Richardson") and as may be further amended, restated, amended and restated or modified from time to time. 3. Amended and Restated Ground Lease Agreement and Easement Agreement dated as of January 16, 2017, by and between LEK Investments, LLC and KTP LLC (collectively, the "Landlord") and Diamond Solar, LLC ("Diamond"), as amended by that certain First Amendment to Amended and Restated Ground Lease dated as of December 15, 2017, by and between the Landlord and Diamond and as may be further amended, restated, amended and restated or modified from time to time. 4. Amended and Restated Lease Agreement dated April 3, 2017, by and between Jeannette R. Price (the "Landlord") and Edison Solar, LLC ("Edison"), as amended by that certain Amendment to Amended and Restated Lease Agreement dated as of November 12, 2018, by and between the Landlord and Edison and as may be further amended, restated, amended and restated or modified from time to time. IPL0286914 Nov 2 2025