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Investor Presentaiton

State Fiscal Recovery Fund Status ■ The American Rescue Plan Act of 2021 established the Coronavirus State and Local Fiscal Recovery Funds and appropriated $350 billion in funding to state, local, territorial, and Tribal governments to respond to the COVID-19 emergency and its negative economic impacts ■ The State will receive a total of $2,120,279,000 in two tranches: 50% in 2021 and 50% 12 months after the initial payment First tranche of funds ($1,060,139,708) was received in June 2021 ■ The remaining $1,060,139,708 will be received in May/June 2022 Remaining unobligated balance of the 1st tranche = $580,139, 708 Including the remaining $136,796,346 from the initial “lost revenue" calculation 36

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