NOTICE OF REFERENDUM SPECIAL ELECTION TO AUTHORIZE A MANAGEMENT AGREEMENT TO BE HELD ON TUESDAY, AUGUST 18, 2026 IN THE CITY OF MIAMI, FLORIDA PURSUANT TO RESOLUTION NO. R-26-0056 Notice is hereby given that a Special Election will be held on Tuesday, August 18, 2026, from 7:00 A.M. until 7:00 P.M. in the City of Miami, Florida, at the polling places in the several Special Election precincts designated by the Supervisor of Elections of Miami-Dade County, Florida, as set forth herein, unless otherwise provided by law, and submitting to the qualified electors of the City of Miami, Florida, the following question: "Shall the City enter into a management agreement with Global Spectrum L.P. to activate and manage events at the Historic Miami Marine Stadium and Flex Park, 3501 Rickenbacker Causeway, Miami, FL, as follows: • City receives 93% of gross sales of all events after deducting a $33,333 monthly management fee • City receives 85% of sponsorship revenues • 40 year term • Global Spectrum to pay the City up to $10,000,000 towards the restoration of Historic Marine Stadium?" This Ballot Question asks the electorate to approve a proposed management agreement between the City of Miami and Global Spectrum, L.P. ("Global Spectrum") for operation of the Miami Marine Stadium and Flex Park properties, 3501 Rickenbacker Causeway, with a proposed ten-year initial term and up to three additional ten-year renewals, a $10,000,000.00 capital contribution by Global Spectrum towards the restoration of the Historic Marine Stadium, and a compensation structure consisting of a $33,333 monthly management fee plus incentive fees of 7% of gross event revenues and food and beverage sales, and 15% of sponsorship and premium seating revenue to Global Spectrum, with all other revenues due to the City. By order of the Commission of the City of Miami, Florida. For more information, please visit www.miami.gov/elections or contact the City of Miami Office of the City Clerk via email at City-Campaigns@miamigov.com or 305-250-5361. Todd B. Hannon City Clerk Ad No. 44001