CITY OF CRESTVIEW POLICE OFFICERS’ & FIREFIGHTERS’ RETIREMENT PLAN PENSION BOARD OF TRUSTEES QUARTERLY MEETING 198 N. WILSON STREET, CRESTVIEW, FL 32536 AGENDA Tuesday, September 1, 2026 – 2:00PM Pursuant to Chapter 286, F.S., if an individual decides to appeal any decision made with respect to any matter considered at a meeting or hearing, that individual will need a record of the proceedings and will need to ensure that a verbatim record of the proceedings is made. In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should contact City Clerk at (850) 682-1560 prior to the meeting. I. CALL TO ORDER/ROLL CALL/DETERMINATION OF A QUORUM II. PUBLIC COMMENTS III. APPROVAL OF MINUTES A. June 2, 2026, quarterly meeting IV. REPORTS (ATTORNEY/CONSULTANTS) A. Foster & Foster, Joe Griffin, Board Actuary 1. Discussion of overpayment B. Mariner Institutional, Tyler Grumbles/James Reno, Investment Consultant 1. Quarterly report as of June 30, 2026 C. Klausner, Kaufman, Jensen & Levinson, Sean Sendra, Board Attorney 1. Custodian Access Memo 2. Proposed 2027 meeting dates 3. Labaton presentation V. NEW BUSINESS A. Proposed 2026-2027 budget VI. OLD BUSINESS VII. CONSENT AGENDA A. Payment ratification 1. Warrant #49, #50 B. New invoices for payment approval – None C. Fund activity report for May 27, 2026 through August 25, 2026 VIII. STAFF REPORTS, DISCUSSION, and ACTION A. Foster & Foster, Siera Feketa, Plan Administrator 1. Update on portal 2. Update on State Annual Report/State Monies 3. Fiduciary liability policy renewal 4. Renewal of FPPTA membership 5. Educational opportunities i. Division of Retirement’s Firefighters’ & Police Officers’ Pension Conference, September 15th-17th, 2026, Daytona Beach Shores, FL th th ii. FPPTA Fall Trustee School, September 27 – 30 , 2026, Orlando, FL IX. NEXT QUARTERLY MEETING DATE – December 1, 2026 at 2:00PM X. ADJOURNMENT CITY OF CRESTVIEW POLICE OFFICERS’ & FIREFIGHTERS’ RETIREMENT PLAN PENSION BOARD OF TRUSTEES QUARTERLY MEETING MINUTES 198 N. Wilson Street, Crestview, FL 32536 Tuesday, June 2, 2026, at 2:00PM TRUSTEES PRESENT: April Rencich Andrew Schneider Chris Watson Jack Brown TRUSTEES ABSENT: David Griggs OTHERS PRESENT: Tyler Grumbles, Mariner Institutional James Reno, Mariner Institutional Sean Sendra, Klausner, Kaufman, Jensen, & Levinson Siera Feketa, Foster & Foster Joe Griffin, Foster & Foster Billy Gilliam, City Comptroller 1. Call to Order – The meeting was called to order at 2:00PM. 2. Roll Call – As reflected above. 3. Public Comments – None. 4. Approval of Minutes a. March 3, 2026, quarterly meeting The Board voted to approve the March 3, 2026, quarterly meeting minutes as presented, upon motion by April Rencich and second by Chris Watson; motion carried 3-0. 5. Reports (Attorney/Consultants) a. Foster & Foster, Joe Griffin, Board Actuary i. October 1, 2025, Actuarial Valuation Report 1. Joe Griffin reviewed the purpose of the valuation report. 2. Joe Griffin reviewed the contribution requirements. 3. Joe Griffin commented that the estimated City required contribution stayed the same at 16.6% for FYE27. 4. April Rencich asked why the timing of the valuation seemed two years apart in that the October 1, 2025, valuation was determining the funding for FYE27. Joe Griffin discussed and commented that it appeared that way, but it was only a year in advance, and it allowed the City to have adequate notice for funding the Plan. 1 5. There had been no plan changes since the prior valuation. 6. Joe Griffin reviewed the assumption/method changes. 7. Joe Griffin reviewed the valuation results. The Board voted to approve the October 1, 2025, actuarial valuation report as presented, upon motion by Chris Watson and second by April Rencich; motion carried 3-0. The Board voted the Declaration of Returns for the plan shall be 7.00% for the next year, the next several years, and the long-term thereafter net of investment related expenses, upon motion by April Rencich and second by Chris Watson; motion carried 3-0. b. Mariner Institutional, Tyler Grumbles, Investment Consultant i. Quarterly report as of March 31, 2026 1. Tyler Grumbles announced that he would be transitioning the Plan to James Reno. James introduced himself. 2. James Reno gave an updated on the market for the quarter. 3. James Reno reviewed the asset allocation by asset class. 4. James Reno reviewed the asset allocation compliance. Andrew Schneider asked if real estate was getting lower than target because of the war. Tyler Grumbles discussed and commented that it was slightly lower by design and mentioned that he did like real estate for the long-term but didn’t feel like they should overcommit. April Rencich and Tyler discussed the Cohen & Steers fund that was approved at the last meeting. 5. James Reno reviewed the financial reconciliation. 6. As of March 31, 2026, the market value of assets was $36,817,585. The total fund net returns for the quarter were - 1.48%, compared to the policy benchmark of -1.60%. The trailing returns for the 1, 3, 4, and 5-year periods were 13.51%, 10.71%, 6.81%, and 6.41% respectively. Since inception (10/01/1994) net returns were 7.51%, underperforming the policy benchmark of 7.95%. 7. James Reno discussed the performance of the investments and how they had impacted the portfolio. c. Klausner, Kaufman, Jensen, & Levinson, Sean Sendra, Board Attorney i. Financial Disclosure Form Memo 1. Sean Sendra reminded the Board they must file their Form 1 by July 1, 2026. Note: Jack Brown attended at 3:25PM ii. Rules on the Accessibility of Web Content and Mobile Apps Memo 1. Sean Sendra reviewed the memo and commented that it was more for the City because the Plan doesn’t have their own website. Sean discussed the rules requiring documents to be ADA compliant when they are posted. Sean commented that the deadline was supposed to be April of this year, but the 2 Department of Justice pushed that deadline back a year or two depending on the size of the municipality. iii. Legislative Update 1. Sean Sendra commented that the special session started yesterday, and they were continuing to watch the property tax matter. Sean discussed what was being proposed regarding the property tax. iv. Update Summary Plan Description 1. Sean Sendra reviewed the purpose of the Summary Plan Description and the updates that were made to it. The Board voted to approve the updated Summary Plan Description as presented, upon motion by April Rencich and second by Jack Brown; motion carried 3-1 with Chris Watson opposing. 6. New Business a. Actual Expenses as of September 30, 2025 i. Siera Feketa reviewed the expenses and commented that they were about $25,000 under budget. The Board voted to approve the actual expenses as of September 30, 2025, as presented, upon motion by Chris Watson and second by April Rencich; motion carried 4-0. b. Andrew Schneider commented that he received an email from FRS regarding the Annual Report. Siera Feketa commented that because they were still missing the audit, he was copied on an email stating that the State still needed the audit and the expenses. c. Andrew Schneider commented that there were proposed changes made at a Council meeting and commented that because of Sunshine Law, they couldn’t speak about items related to the pension outside of Board meetings. Andrew commented that he was concerned with the way items were being presented to the City so he was not sure if he could support or not support something. Andrew asked how he could discuss these items with the Fire Plan since their union rep was also a Trustee. d. Sean Sendra commented that the Union President could send an informational email as it wouldn’t be a discussion or they could discuss it at the negotiation table as well. Sean commented that they could not talk about how the Board would vote. Andrew Schneider and Sean discussed. e. Joe Griffin commented that the Board authorized them to do a study that was requested by the City, but he wanted to wait until the valuation was done so the information was as updated as possible. 7. Old Business – None. 8. Consent Agenda a. Payment ratification i. Warrant #48 b. Invoices for payment approval i. None 3 c. Fund activity report for February 25, 2026 – May 26, 2026 The Board voted to approve the consent agenda as presented, upon motion by April Rencich and second by Chris Watson; motion carried 4-0. 9. Trustee Reports, Discussion and Action – None. 10. Staff Reports, Discussion and Action a. Foster & Foster, Siera Feketa, Plan Administrator i. Update on the Portal 1. Siera Feketa gave an update from Billy Gilliam and commented that they had finished putting the 10-year history together, but they needed to add more information to the spreadsheet. Siera commented that it should be rolled out to the members by next quarter. ii. Update on State Annual Report 1. Siera Feketa commented that the Annual Report had been submitted, but they were missing the audit so that needed to be sent to the State. iii. Investment Education Services 1. Siera Feketa discussed the educational sessions that Foster & Foster would be sponsoring and commented that there would be more details to come. iv. Cybersecurity Support Program 1. Siera Feketa reviewed the cybersecurity support program and the benefits as fiduciaries. Siera commented that the was $15,000 but that was reduced to $13,500. Sean Sendra discussed the program further confirming that it was not required but recommended. 2. Siera Feketa, Sean Sendra and the Board continued to discuss. The Board voted to approve the Cybersecurity Support Program for one year, not renewing until they see results, upon motion by Jack Brown and second by Chris Watson; motion carried 4-0. v. Educational Opportunities 1. Siera Feketa reviewed the upcoming educational opportunities. 11. Next Meeting – September 1, 2026, at 2:00PM. 12. Adjournment - The meeting adjourned at 3:28PM. 4 Respectfully submitted by: Approved by: ___________________________ ______________________________ Siera Feketa, Plan Administrator Andrew Schneider, Chair Date Approved by the Pension Board: ________________________________ 5 City of Crestview Police Officers & Firefighters' Retirement Plan Investment Performance Review Period Ending June 30, 2026 Preliminary 2nd Quarter 2026 Market Environment Page 1 The Market Environment Executive Summary As of June 30, 2026 The Economy Fixed Income ▪ Economic growth remained resilient despite restrictive monetary policy and ▪ Bond markets generated modest positive returns despite higher Treasury geopolitical uncertainty, supported by healthy labor markets, continued business yields and evolving interest rate expectations. Strong corporate fundamentals investment, and steady consumer spending. Corporate capital expenditures, supported investment-grade and high-yield credit, allowing corporate bonds to particularly those tied to artificial intelligence infrastructure, continued to provide outperform comparable government securities. an important source of economic momentum. ▪ Interest rate volatility remained elevated as markets weighed persistent ▪ Inflation temporarily accelerated as higher energy prices flowed through inflation against easing energy prices and changing Federal Reserve headline inflation measures, prompting the Federal Reserve to maintain a expectations. Although policymakers maintained current policy rates, investors cautious policy stance. While policymakers left interest rates unchanged during increasingly priced in the possibility that interest rates could remain elevated for the quarter, expectations shifted toward higher-for-longer rates as markets longer. reassessed the path of monetary policy. ▪ Higher bond yields continue to improve the outlook for fixed income investors ▪ Looking ahead, easing oil prices and moderating inflation pressures should by providing more attractive income opportunities and restoring bonds' role as an provide a more constructive backdrop, although the pace of economic growth will important source of diversification within balanced portfolios, even if near-term likely depend on continued business investment, labor market stability, and the rate volatility persists. Federal Reserve's ability to balance inflation control with sustaining economic expansion. Equity (Domestic and International) Market Themes ▪ Global equity markets posted strong gains as geopolitical concerns eased, corporate earnings remained resilient, and investor enthusiasm surrounding ▪ Artificial intelligence remained the dominant investment theme, with artificial intelligence fueled another leg higher in risk assets. U.S. equities continued spending on semiconductors, data centers, electrical infrastructure, and recovered quickly from first-quarter volatility and finished the quarter near record cloud computing supporting earnings growth across Technology, Industrials, highs. Utilities, and Materials. Corporate investment plans suggest the AI buildout remains in its early stages. ▪ Technology remained the market leader, driven by semiconductor manufacturers and companies supporting AI infrastructure, while improving ▪ Market leadership broadened as improving economic confidence and attractive market breadth allowed small- and mid-cap stocks, Industrials, and Financials to valuations supported stronger performance among small- and mid-cap companies participate more meaningfully in the rally. International equities also advanced, alongside continued strength in Technology. Meanwhile, declining oil prices and with emerging markets benefiting from significant exposure to semiconductor easing geopolitical tensions helped reduce one of the market's largest near-term production and AI supply chains. risks. ▪ While AI continues to drive market leadership, improving participation across ▪ Investors will continue focusing on several key themes through the remainder sectors and company sizes is a constructive development for diversified of the year, including the sustainability of AI-driven earnings growth, the trajectory portfolios. Continued earnings growth and expanding leadership beyond mega- of inflation and Federal Reserve policy, and whether broader market participation cap Technology could provide a healthier foundation for equity returns going continues alongside elevated equity valuations. forward. Page 2 The Market Environment Major Market Index Performance As of June 30, 2026 Quarter Performance S&P 500 15.2% Russell 3000 15.4% ▪ Small caps led domestic markets as participation broadened beyond mega- Russell 1000 15.1% cap Technology. Russell MidCap 13.8% Russell 2000 21.5% ▪ Emerging markets benefited from semiconductor strength and continued AI infrastructure spending. MSCI ACWxUS 14.5% ▪ Developed international equities advanced but trailed emerging markets due MSCI EAFE 10.8% to lower Technology exposure. MSCI Emerg Mkts 24.1% ▪ Investment-grade bonds posted modest gains despite rising Treasury yields Bloomberg US Agg 0.7% and policy uncertainty. Bloomberg US Govt 0.3% Bloomberg US TIPS 0.9% ▪ Cash and government debt lagged as investors favored equities and credit Bloomberg MBS 0.6% over defensive positioning. Bloomberg Corp IG 1.4% 3-Month T-Bill 0.9% 0.0% 2.5% 5.0% 7.5% 10.0% 12.5% 15.0% 17.5% 20.0% 22.5% 25.0% 1-Year Performance S&P 500 22.3% Russell 3000 22.8% ▪ Emerging markets led returns, driven by AI-related semiconductor demand Russell 1000 22.0% across Asia. Russell MidCap 21.6% Russell 2000 40.8% ▪ Small caps outpaced large caps as improving fundamentals attracted broader investor interest. MSCI ACWxUS 27.7% ▪ Developed international stocks generated solid gains despite more modest MSCI EAFE 20.2% Technology exposure. MSCI Emerg Mkts 43.5% ▪ Corporate bonds outperformed Treasuries as credit spreads remained Bloomberg US Agg 3.8% historically tight with structured MBS outperforming over the full year. Bloomberg US Govt 2.7% Bloomberg US TIPS ▪ Treasury bills provided stability and income but trailed risk assets over the 3.4% period. Bloomberg MBS 5.2% Bloomberg Corp IG 4.3% 3-Month T-Bill 3.9% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0% Source: Investment Metrics Page 3 The Market Environment Domestic Equity Style Index Performance As of June 30, 2026 Quarter Performance - Russell Style Series 3000 Value 14.0% ▪ Small-cap growth led domestic equities as AI-related enthusiasm expanded 3000 Index 15.4% beyond mega-cap Technology. 3000 Growth 17.1% ▪ Improving market breadth supported stronger returns across mid- and small- 1000 Value 13.9% cap companies. 1000 Index 15.1% ▪ Growth outperformed value in every capitalization segment as Technology 1000 Growth 16.7% leadership reaccelerated. ▪ Large-cap stocks posted strong gains, though leadership broadened beyond MidCap Value 13.4% the largest Technology companies. MidCap Index 13.8% MidCap Growth 14.5% ▪ Investor optimism surrounding capital spending and economic resilience favored cyclical sectors over defensives which benefitted growth at the relative expense of value. 2000 Value 17.2% 2000 Index 21.5% ▪ Broad participation across styles and market capitalizations reflected 2000 Growth 25.7% improving confidence in the economic outlook. 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 1-Year Performance - Russell Style Series 3000 Value 27.8% ▪ Small-cap value outperformed as improving fundamentals narrowed the 3000 Index 22.8% performance gap with large-cap stocks. 3000 Growth 18.2% ▪ Value stocks generally outpaced growth over the year despite Technology's strong quarterly rebound. 1000 Value 27.1% 1000 Index 22.0% ▪ Large-cap returns remained supported by resilient earnings and continued AI- 1000 Growth 17.7% related investment. ▪ Mid-cap value outperformed growth as industrial, financial, and cyclical sectors MidCap Value 26.6% strengthened. MidCap Index 21.6% MidCap Growth 6.2% ▪ Smaller companies benefited from improving domestic growth expectations and attractive relative valuations. 2000 Value 43.0% ▪ The sharp quarterly recovery in growth stocks narrowed, but did not eliminate, 2000 Index 40.8% value's one-year leadership. 2000 Growth 38.7% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0% Source: Investment Metrics Page 4 The Market Environment GICS Sector Performance & (Sector Weight) As of June 30, 2026 Russell 1000 Quarter 1-Year 8.3% Comm Services (10.3%) 18.9% ▪ Technology dominated quarterly returns as AI infrastructure spending Consumer Disc (10.0%) 9.2% accelerated across semiconductors and hardware. 8.2% Consumer Staples (4.8%) 0.5% ▪ Industrials benefited from expanding capital investment and improving 5.0% Energy (3.7%) -13.0% manufacturing activity. 28.5% Financials (12.3%) 8.9% ▪ Financials underperformed despite healthy credit conditions, reflecting 4.2% investors' preference for sectors with stronger earnings growth tied to AI and Health Care (8.9%) 9.1% capital spending. 20.5% Industrials (9.6%) 14.9% ▪ Energy was the quarter's weakest sector as oil prices retreated following 28.8% Info Technology (33.6%) 32.4% easing Middle East tensions, reducing earnings expectations after the earlier 37.6% price spike. Materials (2.2%) 1.5% 20.3% ▪ Health Care recovered from first-quarter weakness but trailed Technology Real Estate (2.2%) 8.8% 10.8% over the past year. Utilities (2.3%) -0.5% 14.2% ▪ Over the trailing year, Technology, Industrials, and Energy remained leadership sectors despite broader quarterly participation. -18.4% -8.4% 1.6% 11.6% 21.6% 31.6% 41.6% Russell 2000 Quarter 1-Year Comm Services (2.6%) 15.0% 40.1% Consumer Disc (8.4%) 16.4% ▪ Technology led small-cap gains as AI suppliers and infrastructure 20.1% companies attracted renewed investor demand. Consumer Staples (1.7%) 10.2% 9.6% -10.1% Energy (6.2%) ▪ Industrials outperformed on improving domestic growth expectations and 45.9% increased business investment. Financials (16.5%) 16.8% 22.5% ▪ Health Care posted strong quarterly gains but remained volatile across the Health Care (16.5%) 24.8% trailing year. 61.1% Industrials (18.6%) 27.9% ▪ Financials advanced as improving economic confidence supported regional 53.0% Info Technology (16.3%) 57.6% banks and lenders. 66.5% Materials (4.8%) 3.0% ▪ Energy underperformed as falling crude prices reduced earnings 44.1% expectations across the sector. Real Estate (5.2%) 18.4% 28.3% ▪ One-year returns show leadership extending beyond Technology, Utilities (2.9%) 0.6% 14.5% highlighting stronger cyclical participation among smaller companies. -18.0% -8.0% 2.0% 12.0% 22.0% 32.0% 42.0% 52.0% 62.0% 72.0% Source: Morningstar Direct Page 5 The Market Environment Top 10 Index Weights & Quarterly Performance for the Russell 1000 & 2000 As of June 30, 2026 Top 10 Weighted Stocks Top 10 Weighted Stocks 1-Qtr 1-Year 1-Qtr 1-Year Russell 1000 Weight Sector Russell 2000 Weight Sector Return Return Return Return NVIDIA Corp 6.7% 14.9% 26.8% Information Technology Moog Inc Class A 0.4% 45.0% 135.3% Industrials Apple Inc 6.0% 14.1% 41.6% Information Technology Hut 8 Corp 0.4% 146.1% 520.7% Information Technology Microsoft Corp 4.0% 1.0% -24.4% Information Technology Viasat Inc 0.4% 96.1% 515.1% Information Technology Amazon.com Inc 3.3% 14.4% 8.6% Consumer Discretionary BrightSpring Health Services Inc 0.4% 63.7% 195.6% Health Care Alphabet Inc Class A 3.0% 24.4% 103.4% Communication Services Cytokinetics Inc 0.3% 29.3% 157.8% Health Care Broadcom Inc 2.5% 22.3% 38.0% Information Technology MaxLinear Inc 0.3% 636.2% 801.0% Information Technology Alphabet Inc Class C 2.4% 23.2% 99.8% Communication Services Argan Inc 0.3% 46.7% 264.2% Industrials Micron Technology Inc 1.9% 241.7% 838.8% Information Technology UMB Financial Corp 0.3% 27.0% 37.7% Financials Meta Platforms Inc Class A 1.8% -1.5% -23.4% Communication Services JFrog Ltd Ordinary Shares 0.3% 93.7% 107.1% Information Technology Tesla Inc 1.8% 13.1% 32.4% Consumer Discretionary Riot Platforms Inc 0.3% 121.5% 142.3% Information Technology Top 10 Performing Stocks (by Quarter) Top 10 Performing Stocks (by Quarter) 1-Qtr 1-Year 1-Qtr 1-Year Russell 1000 Weight Sector Russell 2000 Weight Sector Return Return Return Return Astera Labs Inc 0.1% 340.7% 434.2% Information Technology Agilon Health Inc 0.0% 1255.0% 86.4% Health Care SanDisk Corp Ordinary Shares 0.5% 257.9% 4913.7% Information Technology MaxLinear Inc 0.3% 636.2% 801.0% Information Technology Micron Technology Inc 1.9% 241.7% 838.8% Information Technology Rackspace Technology Inc Ordinary 0.0% 566.5% 410.2% Information Technology Intel Corp 0.9% 216.4% 523.3% Information Technology FuelCell Energy Inc 0.1% 452.3% 540.8% Industrials Marvell Technology Inc 0.4% 200.9% 285.9% Information Technology Backblaze Inc Class A 0.0% 359.7% 188.4% Information Technology Credo Technology Group Holding Ltd 0.1% 189.7% 193.7% Information Technology Digital Turbine Inc 0.0% 347.9% 118.6% Information Technology Advanced Micro Devices Inc 1.4% 185.6% 309.4% Information Technology Entravision Communications Corp 0.0% 341.5% 494.8% Communication Services Dell Technologies Inc Ordinary Shares 0.2% 163.7% 257.4% Information Technology Penguin Solutions Inc 0.1% 331.9% 283.7% Information Technology Flex Ltd 0.1% 147.6% 224.7% Information Technology Absci Corp 0.0% 286.3% 351.0% Health Care Western Digital Corp 0.3% 136.2% 900.8% Information Technology Bandwidth Inc Class A 0.1% 255.2% 298.1% Communication Services Bottom 10 Performing Stocks (by Quarter) Bottom 10 Performing Stocks (by Quarter) 1-Qtr 1-Year 1-Qtr 1-Year Russell 1000 Weight Sector Russell 2000 Weight Sector Return Return Return Return BitMine Immersion Technologies Inc 0.0% -50.0% -66.7% Information Technology GD Culture Group Ltd 0.0% -99.7% -99.8% Communication Services EPAM Systems Inc 0.0% -41.4% -55.1% Information Technology Sable Offshore Corp 0.0% -81.4% -86.0% Energy Intuit Inc 0.1% -39.4% -66.6% Information Technology Context Therapeutics Inc 0.0% -78.9% -15.5% Health Care Zoetis Inc Class A 0.0% -38.9% -53.2% Health Care ADC Therapeutics SA 0.0% -71.5% -60.1% Health Care Karman Holdings Inc 0.0% -37.6% -0.9% Industrials Verra Mobility Corp Class A 0.0% -70.3% -83.3% Industrials Westlake Corp 0.0% -37.1% -1.3% Materials Elicio Therapeutics Inc 0.0% -63.4% -49.4% Health Care Accenture PLC Class A 0.1% -36.7% -57.2% Information Technology Embecta Corp 0.0% -63.0% -65.0% Health Care Cognizant Technology Solutions Corp 0.0% -36.5% -49.4% Information Technology Compass Therapeutics Inc Ordinary 0.0% -58.6% -15.8% Health Care Insmed Inc 0.0% -34.8% 5.9% Health Care LanzaTech Global Inc Ordinary Shares 0.0% -57.4% -74.9% Industrials Bullish 0.0% -34.4% 0.0% Financials Brand Engagement Network Inc 0.0% -54.9% 288.9% Information Technology Source: Morningstar Direct Page 6 The Market Environment International and Regional Market Index Performance (Country Count) As of June 30, 2026 Quarter Performance USD LOCAL 14.5% AC World x US (48) 15.1% ▪ Emerging markets led global returns as AI-driven semiconductor demand 10.2% World x US (22) boosted Asian Technology exporters. This, however, was specific to the Asian 11.1% region as the EMEA and Latin American regions were flat or negative. 10.8% EAFE (21) 11.5% ▪ Emerging Asia significantly outperformed other regions, led by Taiwan and 10.8% Europe & ME (16) South Korea's chip manufacturers. 11.2% 10.9% ▪ Developed international markets posted solid gains as easing geopolitical risks Pacific (5) 12.3% improved investor sentiment. 24.1% Emerging Mkt (26) ▪ European equities benefited from resilient Financials and Industrials despite 24.1% 2.3% modest economic growth. EM EMEA (11) 1.0% 30.2% ▪ Pacific markets advanced on strong Japanese equities were supported by EM Asia (9) improving corporate earnings and governance reforms. 30.7% -3.6% EM Latin Amer (6) ▪ Latin America lagged as weaker commodity prices offset improving global risk -5.1% appetite. -8.0% -3.0% 2.0% 7.0% 12.0% 17.0% 22.0% 27.0% 32.0% 1-Year Performance USD Local Currency ▪ Emerging markets outperformed developed regions, driven by sustained AI 27.7% AC World x US (48) investment and Technology leadership. 32.9% 21.0% World x US (22) ▪ Emerging Asia remained the strongest region as semiconductor exports fueled 25.7% earnings growth. 20.2% EAFE (21) 24.9% ▪ Developed international markets produced solid returns despite lower 18.6% Europe & ME (16) Technology exposure than emerging markets. 21.4% 23.6% ▪ Japanese equities benefited from improving profitability, shareholder reforms, Pacific (5) 32.6% and a supportive economic backdrop. 43.5% Emerging Mkt (26) ▪ European markets advanced as Financials, Industrials, and improving 50.2% 16.0% business confidence supported returns. EM EMEA (11) 14.3% 48.7% ▪ Commodity-oriented emerging regions generally trailed Technology-driven EM Asia (9) markets as AI remained the dominant investment theme. 58.5% 31.7% EM Latin Amer (6) 24.9% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% Source: MSCI Global Index Monitor (Returns are Net) Page 7 The Market Environment US Dollar International Index Attribution & Country Detail As of June 30, 2026 MSCI-EAFE MSCI-ACWIxUS Quarter 1- Year MSCI - EAFE Sector Weight Quarter Return 1-Year Return Country Weight Weight Return Return Communication Services 3.8% -1.3% -9.9% Japan 23.5% 13.8% 14.2% 29.1% Consumer Discretionary 8.2% 8.1% -0.3% United Kingdom 14.3% 8.3% 4.1% 20.3% Consumer Staples 6.7% 5.3% 5.0% France 9.9% 5.8% 8.7% 9.6% Switzerland 9.6% 5.6% 12.2% 19.7% Energy 3.3% -17.2% 29.6% Germany 8.8% 5.1% 8.1% 0.3% Financials 25.1% 14.0% 28.1% Australia 6.5% 3.8% 5.1% 11.1% Health Care 10.4% 2.6% 10.0% Netherlands 6.4% 3.7% 36.0% 58.5% Spain 4.0% 2.3% 15.1% 42.1% Industrials 18.9% 8.8% 18.3% Sweden 3.4% 2.0% 6.4% 12.7% Information Technology 12.1% 55.0% 63.7% Italy 3.3% 1.9% 14.5% 27.3% Materials 6.0% 6.6% 29.2% Hong Kong 1.7% 1.0% -6.2% 10.5% Real Estate 1.6% 1.1% 4.0% Denmark 1.7% 1.0% 14.9% -10.1% Singapore 1.7% 1.0% 10.0% 19.8% Utilities 3.9% 1.1% 25.1% Finland 1.2% 0.7% 13.1% 38.8% Total 100.0% 10.8% 20.2% Belgium 1.2% 0.7% 17.3% 34.4% Israel 1.2% 0.7% 4.6% 18.3% MSCI - ACWIxUS Sector Weight Quarter Return 1-Year Return Norway 0.6% 0.3% -14.1% 14.9% Ireland 0.4% 0.2% 13.1% 18.2% Communication Services 4.3% -2.8% -9.7% Austria 0.4% 0.2% 22.4% 52.1% Consumer Discretionary 7.5% 1.4% -5.0% Portugal 0.2% 0.1% 1.2% 20.7% Consumer Staples 5.1% 3.9% 3.0% New Zealand 0.2% 0.1% 9.3% 7.6% Energy 4.3% -12.3% 24.6% Total EAFE Countries 100.0% 58.5% 10.8% 20.2% Canada 8.1% 6.0% 26.9% Financials 24.2% 13.2% 24.8% Total Developed Countries 66.5% 10.2% 21.0% Health Care 6.9% 2.4% 8.6% Taiwan 9.2% 48.9% 105.0% Industrials 14.1% 10.2% 19.2% Korea 7.9% 87.6% 213.8% China 6.4% -6.6% -4.9% Information Technology 22.9% 64.1% 111.4% India 3.7% 10.1% -12.8% Materials 6.4% -1.1% 31.2% Brazil 1.3% -8.2% 26.6% Real Estate 1.3% 2.7% 1.1% South Africa 1.0% -1.9% 30.2% Utilities 3.1% 0.9% 21.0% Saudi Arabia 0.8% -3.9% 3.2% Mexico 0.6% 3.0% 32.3% Total 100.0% 14.5% 27.7% United Arab Emirates 0.4% 8.7% 6.0% Poland 0.3% 9.0% 26.3% MSCI - Emerging Mkt Sector Weight Quarter Return 1-Year Return Thailand 0.3% 8.4% 54.3% Communication Services 6.0% -3.9% -9.1% Malaysia 0.3% -1.7% 15.9% Kuwait 0.2% 1.2% -1.9% Consumer Discretionary 7.2% -10.1% -14.2% Greece 0.2% 20.5% 28.7% Consumer Staples 2.7% -2.0% -7.1% Qatar 0.2% -0.1% -0.4% Energy 3.1% -9.9% 7.0% Chile 0.2% 2.5% 32.2% Financials 18.4% 6.7% 9.5% Indonesia 0.1% -26.2% -40.7% Health Care 2.4% 1.1% -0.1% Peru 0.1% 9.1% 82.7% Turkey 0.1% 3.3% 22.5% Industrials 6.8% 18.2% 32.8% Hungary 0.1% 33.4% 75.0% Information Technology 45.3% 73.3% 162.6% Philippines 0.1% 4.5% -3.6% Materials 5.4% -5.4% 32.6% Colombia 0.1% 5.6% 81.0% Real Estate 1.0% 7.7% -5.3% Czech Republic 0.0% 3.3% 6.0% Utilities 1.9% -0.8% 7.8% Egypt 0.0% 25.1% 69.1% Total Emerging Countries 33.5% 24.1% 43.5% Total 100.0% 24.1% 43.5% Total ACWIxUS Countries 100.0% 14.5% 27.7% Source: Morningstar Direct, MSCI Global Index Monitor (Returns are Net in USD) Page 8 The Market Environment Domestic Bond Sector & Broad/Global Bond Market Performance (Duration) As of June 30, 2026 Quarter Performance U.S. Treasury (5.7) 0.3% ▪ High yield bonds led fixed income as improving risk sentiment compressed U.S. Mortgage (5.3) 0.6% credit spreads. U.S. Corporate IG (6.7) 1.4% U.S. High Yield (2.9) 2.5% ▪ Corporate bonds outperformed Treasuries on resilient earnings and healthy U.S. TIPS (4.8) 0.9% balance sheets. ▪ Baa-rated corporates led higher-quality credit as resilient earnings and AAA (4.0) 0.4% healthy balance sheets reduced perceived default risk. AA (5.6) 0.4% A (6.7) 1.3% ▪ Inflation-protected securities benefited from elevated inflation but lagged spread sectors. Baa (6.6) 1.7% ▪ Global bonds were supported by improving credit conditions despite rising Aggregate (5.8) 0.7% sovereign yields. Intermediate Agg (4.1) 0.5% ▪ Government bonds trailed as higher interest rates pressured longer-duration Global Agg x US (6.5) 1.0% securities. Multiverse (6.1) 1.0% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 1-Year Performance ▪ Credit-sensitive sectors outperformed as recession concerns eased and U.S. Treasury (5.7) 2.7% default expectations remained low. U.S. Mortgage (5.3) 5.2% U.S. Corporate IG (6.7) 4.3% ▪ High yield benefited from attractive income and resilient corporate U.S. High Yield (2.9) 5.9% fundamentals. U.S. TIPS (4.8) 3.4% ▪ Investment-grade corporates generated solid returns through stable credit quality and higher starting yields. AAA (4.0) 3.3% AA (5.6) 3.6% ▪ Mortgage-backed securities recovered as elevated yields improved income potential. A (6.7) 4.3% Baa (6.6) 4.9% ▪ Treasury returns remained constrained by higher policy rates and persistent inflation uncertainty. Aggregate (5.8) 3.8% ▪ Elevated bond yields continue to improve long-term income opportunities Intermediate Agg (4.1) 3.8% across diversified fixed income portfolios. Global Agg x US (6.5) -1.9% Multiverse (6.1) 1.0% -2.7% -0.7% 1.3% 3.3% 5.3% Source: Morningstar Direct; Bloomberg Page 9 The Market Environment Market Rate & Yield Curve Comparison As of June 30, 2026 1-Year Trailing Market Rates 10.00 Fed Funds Rate BAA OAS 9.00 10yr Treasury High Yield OAS ▪ Credit spreads narrowed as resilient earnings reduced concerns about corporate defaults. 8.00 ▪ High yield spreads tightened the most as recession fears continued to recede. 7.00 ▪ Investment-grade spreads remained historically tight, reflecting healthy 6.00 corporate balance sheets. 5.00 ▪ The Federal Reserve maintained a restrictive policy stance as inflation 4.00 remained above target. 3.00 ▪ Markets shifted from expecting rate cuts toward pricing a higher-for-longer policy environment. 2.00 ▪ Credit markets remained constructive as economic growth continued despite 1.00 elevated borrowing costs. 0.00 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26Feb-26 Mar-26 Apr-26 May-26 Jun-26 Treasury Yield Curve 5.50 ▪ Treasury yields moved higher as stronger economic data delayed 9/30/2025 12/31/2025 3/31/2026 6/30/2026 expectations for monetary easing. ▪ Stronger economic growth and a higher-for-longer Federal Reserve outlook 5.00 pushed intermediate- and long-term Treasury yields higher. ▪ The front end of the curve remained anchored by the Federal Reserve's restrictive policy stance. 4.50 ▪ Longer-term yields reflected resilient growth expectations and increased Treasury supply. 4.00 ▪ The yield curve remained relatively flat as investors balanced inflation risks against slowing growth. ▪ Elevated yields continue providing more attractive income opportunities than 3.50 investors have seen in years. 3.00 1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr Source: US Department of Treasury, FRED (Federal Reserve of St. Louis) Page 10 The Market Environment References As of June 30, 2026 Global Index lens –MSCI Effective Federal Funds Rate -FEDERAL RESERVE BANK of NEW YORK (newyorkfed.org) Daily Treasury Yield Curve -Data Chart Center (treasury.gov) ICE BofA BBB US Corporate Index Option-Adjusted Spread (BAMLC0A4CBBB) | FRED | St. Louis Fed (stlouisfed.org) ICE BofA US High Yield Index Option-Adjusted Spread (BAMLH0A0HYM2) | FRED | St. Louis Fed (stlouisfed.org) Page 11 Crestview Police Officers' and Firefighters' Retirement Plan Asset Allocation by Asset Class As of June 30, 2026 Mar-2026 : $36,855,600 Jun-2026 : $39,865,784 R&D R&D Real Estate Real Estate Infrastructure Infrastructure Non-Core FI Non-Core FI Domestic Equity Domestic Equity Domestic Fixed Domestic Fixed International Equity International Equity Allocation Allocation Market Value Allocation Market Value Allocation ¢£ Domestic Equity 16,724,306 45.4 ¢£ Domestic Equity 19,289,547 48.4 ¢£ International Equity 6,317,881 17.1 ¢£ International Equity 6,741,856 16.9 ¢£ Domestic Fixed 7,643,168 20.7 ¢£ Domestic Fixed 7,599,379 19.1 ¢£ Non-Core Fixed income 1,590,573 4.3 ¢£ Non-Core Fixed income 1,615,405 4.1 ¢£ Infrastructure 1,942,591 5.3 ¢£ Infrastructure 1,942,591 4.9 ¢£ Real Estate 2,253,264 6.1 ¢£ Real Estate 2,268,667 5.7 ¢£ Cash Equivalent 383,817 1.0 ¢£ Cash Equivalent 408,338 1.0 Page 12 Crestview Police Officers' and Firefighters' Retirement Plan Asset Allocation by Manager As of June 30, 2026 Mar-2026 : $36,855,600 Jun-2026 : $39,865,784 Allocation Allocation Market Value Allocation Market Value Allocation ¢£ Fidelity 500 Index (FXAIX) 13,480,008 36.6 ¢£ Fidelity 500 Index (FXAIX) 15,404,951 38.6 ¢£ Mass Mutual Small Cap (MSOOX) 3,244,299 8.8 ¢£ Mass Mutual Small Cap (MSOOX) 3,884,596 9.7 ¢£ DFA Intl Value (DFIVX) 2,183,761 5.9 ¢£ DFA Intl Value (DFIVX) 2,261,292 5.7 ¢£ DFA Emerging Markets (DFCEX) 1,252,165 3.4 ¢£ DFA Emerging Markets (DFCEX) 1,464,961 3.7 ¢£ MFS International Growth (MGRDX) 2,881,954 7.8 ¢£ MFS International Growth (MGRDX) 3,015,603 7.6 ¢£ Agincourt Fixed Income 7,643,168 20.7 ¢£ Agincourt Fixed Income 7,599,379 19.1 ¢£ PIMCO Diversified Income (PDIIX) 791,272 2.1 ¢£ PIMCO Diversified Income (PDIIX) 808,888 2.0 ¢£ Aristotle Floating Rate Income (PLFRX) 799,301 2.2 ¢£ Aristotle Floating Rate Income (PLFRX) 806,518 2.0 ¢£ Brookfield BSIP Access Fund 1,942,591 5.3 ¢£ Brookfield BSIP Access Fund 1,942,591 4.9 ¢£ Intercontinental Real Estate 2,253,264 6.1 ¢£ Intercontinental Real Estate 2,268,667 5.7 ¢£ R&D 383,817 1.0 ¢£ R&D 408,338 1.0 Page 13 Crestview Police Officers' and Firefighters' Retirement Plan Asset Allocation Compliance As of June 30, 2026 Executive Summary Domestic Equity (48.4%) International Equity (16.9%) R e Domestic Fixed (19.1%) c o m m e n d a t i Non-Core Fixed income (4.1%) o n Infrastructure (4.9%) Real Estate (Composite) (5.7%) 0.0% 8.0% 16.0% 24.0% 32.0% 40.0% 48.0% 56.0% 64.0% Policy Target In Policy Outside Policy Asset Allocation Compliance Minimum Target Maximum Current Allocation (%) Allocation (%) Allocation (%) Allocation (%) Non-Core Fixed income 0.0 5.0 10.0 4.1 Infrastructure 0.0 5.0 15.0 4.9 Real Estate (Composite) 5.0 10.0 20.0 5.7 International Equity 10.0 15.0 20.0 16.9 Domestic Fixed 17.5 22.5 27.5 19.1 Domestic Equity 37.5 42.5 47.5 48.4 Total Fund Portfolio N/A 100.0 N/A 100.0 Page 14 Crestview Police Officers' and Firefighters' Retirement Plan Asset Allocation vs Other Public Pension Plans As of June 30, 2026 Plan Sponsor TF Asset Allocation vs. All Public Plans-Total Fund 80.0 70.0 60.0 50.0 ) % ( 40.0 n o i t a c o l l 30.0 A 20.0 10.0 0.0 -10.0 US Equity Global ex-US Equity Global Fixed Income US Fixed Alternatives Total Real Estate Cash & Equivalents ˜ Crestview Police & Fire 48.39 (33) 16.91 (34) 2.03 (88) 21.09 (68) 4.87 (75) 5.69 (52) 1.02 (60) 5th Percentile 62.41 24.35 12.96 62.61 33.03 10.93 8.10 1st Quartile 51.30 18.14 6.21 33.01 15.96 7.63 2.57 Median 42.43 14.98 4.61 25.02 8.98 5.80 1.25 3rd Quartile 32.38 11.33 3.02 19.41 4.79 4.31 0.63 95th Percentile 18.29 5.62 1.24 11.75 1.61 1.70 0.06 Population 738 689 140 774 442 575 708 Parentheses contain percentile rankings. . Page 15 Crestview Police Officers' and Firefighters' Retirement Plan Asset Allocation History by Portfolio As of June 30, 2026 Jun-2026 Mar-2026 Dec-2025 Sep-2025 Jun-2025 ($) % ($) % ($) % ($) % ($) % Total Equity 26,031,403 65.30 23,042,187 62.52 23,581,513 63.21 23,257,321 63.12 21,709,659 63.00 Domestic Equity 19,289,547 48.39 16,724,306 45.38 17,329,630 46.45 17,252,497 46.82 16,053,459 46.59 Fidelity 500 Index (FXAIX) 15,404,951 38.64 13,480,008 36.58 14,063,969 37.70 14,068,183 38.18 13,011,498 37.76 Mass Mutual Small Cap (MSOOX) 3,884,596 9.74 3,244,299 8.80 3,265,662 8.75 3,184,314 8.64 3,041,960 8.83 International Equity 6,741,856 16.91 6,317,881 17.14 6,251,882 16.76 6,004,824 16.30 5,656,200 16.41 DFA Intl Value (DFIVX) 2,261,292 5.67 2,183,761 5.93 2,059,764 5.52 1,899,488 5.15 1,745,537 5.07 MFS International Growth (MGRDX) 3,015,603 7.56 2,881,954 7.82 2,978,991 7.99 2,936,456 7.97 2,837,308 8.23 DFA Emerging Markets (DFCEX) 1,464,961 3.67 1,252,165 3.40 1,213,128 3.25 1,168,880 3.17 1,073,356 3.11 Total Fixed Income 9,214,784 23.11 9,233,741 25.05 9,208,614 24.68 8,461,690 22.96 8,289,909 24.06 Agincourt Fixed Income 7,599,379 19.06 7,643,168 20.74 7,609,606 20.40 6,893,738 18.71 6,760,844 19.62 PIMCO Diversified Income (PDIIX) 808,888 2.03 791,272 2.15 797,162 2.14 779,279 2.11 756,226 2.19 Aristotle Floating Rate Income (PLFRX) 806,518 2.02 799,301 2.17 801,846 2.15 788,673 2.14 772,838 2.24 Total Infrastructure 1,942,591 4.87 1,942,591 5.27 1,904,576 5.11 1,865,471 5.06 1,828,696 5.31 Brookfield BSIP Access Fund 1,942,591 4.87 1,942,591 5.27 1,904,576 5.11 1,865,471 5.06 1,828,696 5.31 Real Estate 2,268,667 5.69 2,253,264 6.11 2,242,353 6.01 2,255,726 6.12 2,252,420 6.54 Intercontinental Real Estate 2,268,667 5.69 2,253,264 6.11 2,242,353 6.01 2,255,726 6.12 2,252,420 6.54 Cash Accounts R&D 408,338 1.02 383,817 1.04 368,047 0.99 1,007,765 2.73 379,536 1.10 Total Fund Portfolio 39,865,784 100.00 36,855,600 100.00 37,305,102 100.00 36,847,973 100.00 34,460,220 100.00 Page 16 Crestview Police Officers' and Firefighters' Retirement Plan Asset Allocation History by Asset Class Since Inception Ending June 30, 2026 96.0 88.0 80.0 72.0 64.0 ) 56.0 % ( n o i t a c 48.0 o l l A 40.0 32.0 24.0 16.0 8.0 0.0 7/07 4/08 1/09 10/09 7/10 4/11 1/12 10/12 7/13 4/14 1/15 10/15 7/16 4/17 1/18 10/18 7/19 4/20 1/21 10/21 7/22 4/23 1/24 10/24 7/25 6/26 Domestic Equity International Equity Emerging Equity Domestic Fixed Income Global Fixed Income Real Estate Real Return Cash Equivalent Page 17 Crestview Police Officers' and Firefighters' Retirement Plan Financial Reconciliation: Quarter to Date 1 Quarter Ending June 30, 2026 Market Value Net Management Other Return On Market Value Contributions Distributions 04/01/2026 Transfers Fees Expenses Investment 06/30/2026 Total Equity 23,042,187 -205,100 - - - - 3,194,316 26,031,403 Domestic Equity 16,724,306 -146,500 - - - - 2,711,741 19,289,547 Fidelity 500 Index (FXAIX) 13,480,008 -117,200 - - - - 2,042,144 15,404,951 Mass Mutual Small Cap (MSOOX) 3,244,299 -29,300 - - - - 669,597 3,884,596 International Equity 6,317,881 -58,600 - - - - 482,576 6,741,856 DFA Intl Value (DFIVX) 2,183,761 -17,580 - - - - 95,111 2,261,292 MFS International Growth (MGRDX) 2,881,954 -29,300 - - - - 162,949 3,015,603 DFA Emerging Markets (DFCEX) 1,252,165 -11,720 - - - - 224,516 1,464,961 Total Fixed Income 9,233,741 -87,900 - - -9,533 -1,833 80,310 9,214,784 Agincourt Fixed Income 7,643,168 -73,250 - - -9,533 -1,833 40,827 7,599,379 PIMCO Diversified Income (PDIIX) 791,272 -7,325 - - - - 24,941 808,888 Aristotle Floating Rate Income (PLFRX) 799,301 -7,325 - - - - 14,541 806,518 Infrastructure 1,942,591 - - - - - - 1,942,591 Brookfield BSIP Access Fund 1,942,591 - - - - - - 1,942,591 Real Estate 2,253,264 -13,507 - - -5,425 - 34,335 2,268,667 Intercontinental Real Estate 2,253,264 -13,507 - - -5,425 - 34,335 2,268,667 Cash Accounts R&D 383,817 306,507 455,819 -672,219 - -68,507 2,920 408,338 Total Fund Portfolio 36,855,600 - 455,819 -672,219 -14,958 -70,340 3,311,880 39,865,784 Page 18 Crestview Police Officers' and Firefighters' Retirement Plan Financial Reconciliation: Fiscal Year to Date October 1, 2025 To June 30, 2026 Market Value Net Management Other Return On Market Value Contributions Distributions 10/01/2025 Transfers Fees Expenses Investment 06/30/2026 Total Equity 23,257,321 -525,895 - - - - 3,299,978 26,031,403 Domestic Equity 17,252,497 -479,925 - - - - 2,516,975 19,289,547 Fidelity 500 Index (FXAIX) 14,068,183 -456,940 - - - - 1,793,708 15,404,951 Mass Mutual Small Cap (MSOOX) 3,184,314 -22,985 - - - - 723,267 3,884,596 International Equity 6,004,824 -45,970 - - - - 783,003 6,741,856 DFA Intl Value (DFIVX) 1,899,488 -13,791 - - - - 375,595 2,261,292 MFS International Growth (MGRDX) 2,936,456 -22,985 - - - - 102,132 3,015,603 DFA Emerging Markets (DFCEX) 1,168,880 -9,194 - - - - 305,276 1,464,961 Total Fixed Income 8,461,690 556,045 - - -13,841 -5,532 216,422 9,214,784 Agincourt Fixed Income 6,893,738 567,537 - - -13,841 -5,532 157,476 7,599,379 PIMCO Diversified Income (PDIIX) 779,279 -5,746 - - - - 35,355 808,888 Aristotle Floating Rate Income (PLFRX) 788,673 -5,746 - - - - 23,591 806,518 Infrastructure 1,865,471 - - - -11,779 -519 89,419 1,942,591 Brookfield BSIP Access Fund 1,865,471 - - - -11,779 -519 89,419 1,942,591 Real Estate 2,255,726 -32,523 - - -16,515 - 61,979 2,268,667 Intercontinental Real Estate 2,255,726 -32,523 - - -16,515 - 61,979 2,268,667 Cash Accounts R&D 1,007,765 2,373 1,292,785 -1,742,483 - -161,712 9,609 408,338 Total Fund Portfolio 36,847,973 - 1,292,785 -1,742,483 -42,135 -167,763 3,677,406 39,865,784 Page 19 Crestview Police Officers' and Firefighters' Retirement Plan Trailing Returns As of June 30, 2026 Inception QTR FYTD 1 YR 3 YR 4 YR 5 YR Inception Date Total Fund Portfolio (Net) 8.98 (47) 9.98 (43) 15.67 (40) 12.86 (41) 11.75 (47) 7.14 (34) 7.74 (53) 10/01/1994 Total Fund Policy 9.16 (41) 9.89 (45) 15.53 (43) 13.10 (34) 12.15 (36) 7.86 (14) 8.19 (27) All Public Plans-Total Fund Median 8.81 9.65 15.01 12.48 11.57 6.66 7.83 Total Fund Portfolio (Gross) 9.02 10.10 15.84 13.02 11.93 7.40 8.08 10/01/1994 Total Equity 13.90 14.42 22.57 18.63 18.14 10.02 9.54 10/01/1994 Total Equity Policy 15.25 15.18 24.27 20.23 19.59 11.66 10.27 Domestic Equity 16.26 (41) 14.90 (47) 23.48 (42) 19.66 (30) 19.00 (32) 11.10 (31) 14.07 (50) 04/01/2009 Domestic Equity Policy 15.43 (47) 13.53 (53) 22.81 (44) 20.35 (24) 20.00 (25) 12.30 (19) 15.67 (19) All Cap Median 15.14 14.10 21.63 17.01 16.40 9.47 14.03 International Equity 7.65 (74) 13.04 (60) 20.00 (52) 15.86 (55) 15.84 (57) 7.01 (59) 8.11 (90) 04/01/2009 International Equity Policy 14.69 (17) 19.84 (19) 28.27 (15) 19.42 (25) 17.87 (31) 9.35 (33) N/A Foreign Median 10.06 14.61 20.19 16.37 16.29 7.90 9.54 Total Fixed Income 0.87 2.39 4.59 5.50 4.59 1.88 4.87 10/01/1994 Total Fixed Policy 0.64 1.86 3.58 4.83 3.69 1.21 4.61 Domestic Fixed Income 0.54 (68) 2.10 (40) 4.20 (28) 4.89 (74) 3.74 (68) 1.27 (88) 4.84 (23) 10/01/1994 Domestic Fixed Policy 0.47 (81) 1.94 (61) 3.76 (50) 4.66 (89) 3.32 (94) 0.97 (96) 4.59 (68) IM U.S. Intermediate Duration (SA+CF) Median 0.62 2.02 3.75 5.10 3.94 1.58 4.68 Non-Core Fixed Income 2.49 3.76 6.40 8.10 8.20 4.41 2.61 10/01/2014 Non-Core Fixed Income Policy 1.46 1.43 2.69 5.68 5.48 2.37 2.37 Infrastructure 0.00 4.80 7.25 9.36 9.20 9.18 9.18 07/01/2021 Total Infrastructure Policy 1.47 4.47 6.00 6.07 6.09 7.30 7.30 Real Estate 1.54 (63) 2.80 (86) 3.91 (82) -2.03 (89) -5.04 (90) 1.37 (79) 6.11 (60) 01/01/2015 NCREIF Fund Index-ODCE (EW) 1.49 (67) 3.66 (66) 4.34 (73) -0.89 (66) -3.20 (73) 2.69 (60) 5.88 (64) IM U.S. Open End Private Real Estate (SA+CF) Median 1.61 4.27 5.60 -0.06 -2.45 2.93 6.20 Returns for periods greater than one year are annualized. Returns are expressed as percentages. Page 20 Crestview Police Officers' and Firefighters' Retirement Plan Trailing Returns As of June 30, 2026 Inception QTR FYTD 1 YR 3 YR 4 YR 5 YR Inception Date Domestic Equity Strategies Fidelity 500 Index (FXAIX) 15.20 (39) 13.12 (39) 22.31 (31) N/A N/A N/A 17.71 (29) 10/01/2024 S&P 500 Index 15.20 (39) 13.13 (39) 22.33 (30) 20.61 (28) 20.36 (31) 13.41 (15) 17.72 (29) Large Cap Median 14.09 11.90 19.27 18.55 18.34 10.94 15.25 Mass Mutual Small Cap (MSOOX) 20.74 (43) 22.76 (59) 28.51 (70) N/A N/A N/A 16.27 (55) 10/01/2024 Russell 2000 Index 21.49 (37) 25.25 (43) 40.78 (24) 18.60 (27) 17.00 (29) 6.98 (58) 20.57 (23) Small Cap Median 19.66 24.06 33.41 16.07 15.31 7.44 16.65 International Equity Strategies DFA Intl Value (DFIVX) 4.37 (79) 19.77 (39) 30.34 (21) N/A N/A N/A 37.02 (22) 01/01/2025 MSCI EAFE Value Index (Net) 7.49 (47) 18.21 (49) 26.95 (35) 21.51 (23) 20.47 (26) 13.15 (21) 34.48 (38) Foreign Large Value Median 7.27 17.70 24.96 19.69 18.76 11.57 33.04 MFS International Growth (MGRDX) 5.67 (94) 3.48 (81) 7.09 (70) N/A N/A N/A 15.21 (68) 01/01/2025 MSCI EAFE Growth Index (Net) 14.53 (45) 11.17 (45) 13.65 (44) 11.47 (59) 13.59 (50) 4.88 (48) 20.20 (49) Foreign Large Growth Median 14.40 10.39 12.63 12.45 13.50 4.64 20.06 DFA Emerging Markets (DFCEX) 17.98 (73) 26.13 (66) 37.36 (66) N/A N/A N/A 34.79 (68) 01/01/2025 MSCI Emerging Markets (Net) Index 24.05 (35) 29.70 (56) 43.51 (52) 23.03 (44) 17.32 (52) 7.20 (41) 39.87 (50) Diversified Emerging Mkts Median 22.27 30.83 43.72 22.10 17.36 6.69 39.68 Returns for periods greater than one year are annualized. Returns are expressed as percentages. Page 21 Crestview Police Officers' and Firefighters' Retirement Plan Trailing Returns As of June 30, 2026 Inception QTR FYTD 1 YR 3 YR 4 YR 5 YR Inception Date Domestic Fixed Income Strategies Agincourt Fixed Income 0.54 (68) 2.10 (40) 4.20 (28) 4.90 (72) 3.75 (67) 1.28 (88) 3.52 (51) 07/01/2007 Bloomberg Intermed Aggregate Index 0.47 (81) 1.94 (61) 3.76 (50) 4.66 (89) 3.32 (94) 0.97 (96) 3.05 (95) IM U.S. Intermediate Duration (SA+CF) Median 0.62 2.02 3.75 5.10 3.94 1.58 3.52 Non-Core Fixed Income Strategies PIMCO Diversified Income (PDIIX) 3.17 (8) 4.55 (3) 7.73 (1) 8.60 (1) 7.87 (2) 2.70 (3) 2.70 (3) 07/01/2021 Blmbg. Global Multiverse 1.04 (75) 0.27 (59) 0.97 (61) 3.72 (61) 2.56 (59) -1.30 (51) -1.30 (51) Global Bond Median 1.45 0.94 1.79 4.09 2.87 -1.28 -1.28 Aristotle Floating Rate Income (PLFRX) 1.82 (47) 2.99 (24) 5.10 (19) 7.61 (21) 8.48 (10) 6.01 (10) 5.12 (13) 11/01/2018 Morningstar LSTA US Leveraged Loan 1.88 (39) 2.55 (42) 4.36 (35) 7.55 (22) 8.33 (16) 6.01 (9) 5.40 (4) Bank Loan Median 1.79 2.35 3.83 6.90 7.58 5.01 4.42 Infrastructure Strategies Brookfield BSIP Access Fund 0.00 4.80 7.25 9.36 9.20 9.18 9.18 07/01/2021 6% Annualized Return 1.47 4.47 6.00 6.00 6.00 6.00 6.00 Real Estate Strategies Intercontinental Real Estate 1.54 (63) 2.80 (86) 3.91 (82) -2.03 (89) -5.04 (90) 1.37 (79) 6.11 (60) 01/01/2015 NCREIF Fund Index-ODCE (EW) 1.49 (67) 3.66 (66) 4.34 (73) -0.89 (66) -3.20 (73) 2.69 (60) 5.88 (64) IM U.S. Open End Private Real Estate (SA+CF) Median 1.61 4.27 5.60 -0.06 -2.45 2.93 6.20 Returns for periods greater than one year are annualized. Returns are expressed as percentages. Page 22 Crestview Police Officers' and Firefighters' Retirement Plan Fiscal Year Returns As of June 30, 2026 FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY -2019 FY 2018 Total Fund Portfolio (Net) 9.98 (43) 11.56 (23) 20.49 (58) 9.97 (65) -13.19 (33) 19.62 (57) 8.27 (46) 4.21 (43) 8.24 (38) Total Fund Policy 9.89 (45) 11.89 (16) 20.66 (57) 11.33 (42) -11.93 (22) 19.40 (60) 10.32 (24) 4.54 (34) 8.64 (31) All Public Plans-Total Fund (Net) 9.65 10.47 21.25 10.78 -14.90 19.98 7.91 4.01 7.81 Total Fund Portfolio (Gross) 10.10 11.76 20.60 10.20 -12.77 19.87 8.54 4.48 8.50 Total Equity 14.42 15.81 31.52 19.60 -22.02 30.35 11.15 2.39 12.57 Total Equity Policy 15.18 17.51 32.87 20.74 -19.42 30.03 12.06 2.04 13.62 Domestic Equity 14.90 (47) 15.27 (32) 34.34 (29) 18.45 (37) -19.44 (59) 31.86 (54) 12.02 (42) 3.64 (28) 15.79 (46) Domestic Equity Policy 13.53 (53) 17.41 (22) 35.19 (26) 20.46 (28) -17.63 (51) 31.88 (54) 15.00 (35) 2.92 (33) 17.58 (37) All Cap Median 14.10 10.75 28.69 15.86 -17.62 32.89 6.42 0.30 14.94 International Equity 13.04 (60) 17.40 (39) 23.97 (53) 22.82 (46) -28.94 (64) 25.56 (43) 7.94 (39) -2.09 (45) 1.85 (46) International Equity Policy 19.84 (19) 17.14 (41) 25.96 (30) 21.02 (58) -24.79 (29) 24.45 (52) 3.45 (53) -0.72 (32) 2.25 (40) Foreign Median 14.61 15.73 24.21 22.10 -26.91 24.68 4.09 -2.75 1.54 Total Fixed Income 2.39 4.54 11.23 3.67 -11.14 0.42 4.82 7.40 -0.78 Total Fixed Policy 1.86 4.00 10.49 2.49 -11.54 0.34 5.37 7.62 -0.99 Domestic Fixed Income 2.10 (40) 3.96 (84) 10.94 (28) 1.95 (80) -11.32 (85) -0.33 (86) 6.49 (48) 8.53 (16) -0.57 (71) Bloomberg Intermed Aggregate Index 1.94 (61) 3.82 (89) 10.39 (41) 1.42 (90) -11.49 (87) -0.38 (88) 5.66 (77) 8.08 (47) -0.93 (95) IM U.S. Intermediate Duration (SA+CF) Median 2.02 4.32 10.19 2.57 -10.04 0.32 6.45 8.04 -0.36 Non-Core Fixed Income 3.76 7.16 12.35 10.31 -10.33 3.80 -2.55 2.90 -1.91 Non-Core Fixed Income Policy 1.43 4.88 10.98 7.84 -11.80 3.91 3.67 5.36 -1.32 Infrastructure 4.80 9.88 11.20 8.92 9.10 N/A N/A N/A N/A Total Infrastructure Policy 4.47 6.00 6.00 6.64 11.44 8.51 4.34 4.74 5.40 Real Estate 2.80 (86) 3.73 (71) -11.09 (91) -15.59 (86) 26.31 (14) 13.86 (70) 4.41 (11) 8.32 (18) 11.40 (9) NCREIF Fund Index-ODCE (EW) 3.66 (66) 3.80 (70) -7.75 (65) -12.40 (51) 22.76 (37) 15.75 (50) 1.74 (40) 6.17 (68) 8.82 (54) IM U.S. Open End Private Real Estate (SA+CF) Median 4.27 5.05 -6.22 -12.39 20.19 15.73 1.58 6.80 8.88 Returns for periods greater than one year are annualized. Returns are expressed as percentages. Page 23 Crestview Police Officers' and Firefighters' Retirement Plan Fiscal Year Returns As of June 30, 2026 FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY -2019 FY 2018 Domestic Equity Strategies Fidelity 500 Index (FXAIX) 13.12 (39) 17.59 (30) N/A N/A N/A N/A N/A N/A N/A S&P 500 Index 13.13 (39) 17.60 (30) 36.35 (33) 21.62 (35) -15.47 (44) 30.00 (45) 15.15 (40) 4.25 (30) 17.91 (37) Large Cap Median 11.90 14.52 33.52 19.74 -16.34 29.43 12.48 2.49 16.11 Mass Mutual Small Cap (MSOOX) 22.76 (59) 6.05 (46) N/A N/A N/A N/A N/A N/A N/A Russell 2000 Index 25.25 (43) 10.76 (20) 26.76 (33) 8.93 (73) -23.50 (65) 47.68 (50) 0.39 (42) -8.89 (62) 15.24 (42) Small Cap Median 24.06 5.53 24.86 11.40 -20.01 47.51 -3.15 -7.48 13.79 Vanguard Mid Cap Index (VIMAX) N/A N/A N/A 12.61 (64) -19.48 (78) 36.10 (68) 7.08 (16) 3.65 (25) 13.42 (44) Russell Midcap Index 15.48 (60) 11.11 (23) 29.33 (23) 13.45 (57) -19.39 (76) 38.11 (53) 4.55 (25) 3.19 (28) 13.98 (33) Mid-Cap Blend Median 17.13 6.76 26.99 14.15 -15.87 38.49 -1.18 0.03 12.87 Vanguard Total Stock Index (VTSAX) N/A N/A N/A 20.37 (52) -18.01 (74) 32.07 (22) 14.99 (33) 2.88 (51) 17.62 (30) Russell 3000 Index 13.53 (29) 17.41 (26) 35.19 (48) 20.46 (51) -17.63 (69) 31.88 (24) 15.00 (32) 2.92 (50) 17.58 (31) Large Blend Median 12.27 15.67 34.98 20.47 -16.25 29.76 13.45 2.91 16.50 Dana Large Cap Core Equity N/A N/A N/A N/A N/A 28.55 (68) 11.93 (54) 6.23 (24) 15.09 (70) S&P 500 Index 13.13 (45) 17.60 (37) 36.35 (41) 21.62 (40) -15.47 (59) 30.00 (58) 15.15 (39) 4.25 (39) 17.91 (44) IM U.S. Large Cap Core Equity (SA+CF) Median 12.62 15.80 35.25 20.84 -14.70 30.77 12.96 3.16 17.44 International Equity Strategies DFA Intl Value (DFIVX) 19.77 (39) N/A N/A N/A N/A N/A N/A N/A N/A MSCI EAFE Value Index (Net) 18.21 (49) 22.53 (39) 23.14 (38) 31.51 (28) -20.16 (28) 30.66 (40) -11.93 (85) -4.92 (46) -0.36 (54) Foreign Large Value Median 17.70 20.68 22.31 27.96 -22.32 28.82 -5.66 -5.30 -0.20 MFS International Growth (MGRDX) 3.48 (81) N/A N/A N/A N/A N/A N/A N/A N/A MSCI EAFE Growth Index (Net) 11.17 (45) 7.76 (67) 26.54 (46) 20.00 (36) -30.28 (33) 20.87 (46) 13.44 (71) 2.21 (32) 5.85 (32) Foreign Large Growth Median 10.39 10.45 26.22 18.71 -32.98 20.46 17.26 0.82 4.02 DFA Emerging Markets (DFCEX) 26.13 (66) N/A N/A N/A N/A N/A N/A N/A N/A MSCI Emerging Markets (Net) Index 29.70 (56) 17.32 (49) 26.05 (24) 11.70 (61) -28.11 (31) 18.20 (58) 10.54 (49) -2.02 (72) -0.81 (22) Diversified Emerging Mkts Median 30.83 16.94 23.38 13.37 -29.90 19.24 10.40 0.51 -3.70 Europacific Growth (RERGX) N/A N/A 24.71 (66) 19.64 (38) -32.85 (48) 24.76 (21) 14.97 (66) 1.14 (44) 1.47 (78) MSCI AC World ex USA Growth 15.93 (25) 13.22 (31) 27.12 (44) 16.22 (73) -30.00 (31) 17.27 (75) 17.90 (43) 2.43 (31) 3.46 (57) Foreign Large Growth Median 10.39 10.45 26.22 18.71 -32.98 20.46 17.26 0.82 4.02 Transamerica Intl (TAINX) N/A N/A 23.21 (37) 26.22 (66) -25.08 (78) 27.29 (60) -0.06 (17) -5.52 (54) 2.26 (14) MSCI EAFE Value 18.86 (46) 23.40 (33) 24.00 (25) 32.46 (25) -19.62 (23) 31.43 (36) -11.45 (83) -4.31 (38) 0.24 (40) Foreign Large Value Median 17.70 20.68 22.31 27.96 -22.32 28.82 -5.66 -5.30 -0.20 Returns for periods greater than one year are annualized. Returns are expressed as percentages. Page 24 Crestview Police Officers' and Firefighters' Retirement Plan Fiscal Year Returns As of June 30, 2026 FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY -2019 FY 2018 Domestic Fixed Income Strategies Agincourt Fixed Income 2.10 (40) 3.96 (84) 10.99 (27) 1.95 (80) -11.32 (85) -0.33 (86) 6.49 (48) 8.53 (16) -0.57 (71) Bloomberg Intermed Aggregate Index 1.94 (61) 3.82 (89) 10.39 (41) 1.42 (90) -11.49 (87) -0.38 (88) 5.66 (77) 8.08 (47) -0.93 (95) IM U.S. Intermediate Duration (SA+CF) Median 2.02 4.32 10.19 2.57 -10.04 0.32 6.45 8.04 -0.36 Non-Core Fixed Income Strategies PIMCO Diversified Income (PDIIX) 4.55 (3) 7.34 (5) 15.38 (2) 7.28 (16) -17.73 (27) N/A N/A N/A N/A Blmbg. Global Multiverse 0.27 (59) 2.68 (61) 12.24 (51) 2.69 (54) -20.35 (37) -0.45 (75) 5.99 (34) 7.54 (24) -1.32 (25) Global Bond Median 0.94 3.11 12.28 2.89 -21.61 0.49 5.15 5.91 -2.19 Aristotle Floating Rate Income (PLFRX) 2.99 (24) 6.99 (20) 9.51 (30) 13.30 (10) -2.91 (14) 6.89 (71) 0.09 (32) N/A N/A Morningstar LSTA US Leveraged Loan 2.55 (42) 7.00 (19) 9.59 (27) 13.05 (14) -2.59 (8) 8.40 (34) 1.06 (13) 3.10 (21) 5.19 (14) Bank Loan Median 2.35 6.19 9.00 11.74 -4.27 7.62 -0.59 2.20 4.34 Templeton Global (FTTRX) N/A N/A N/A N/A N/A N/A -4.57 (99) 2.50 (89) -1.91 (41) Blmbg. Global Multiverse 0.27 (59) 2.68 (61) 12.24 (51) 2.69 (54) -20.35 (37) -0.45 (75) 5.99 (34) 7.54 (24) -1.32 (25) Global Bond Median 0.94 3.11 12.28 2.89 -21.61 0.49 5.15 5.91 -2.19 Infrastructure Strategies Brookfield BSIP Access Fund 4.80 9.88 11.20 8.92 9.10 N/A N/A N/A N/A 6% Annualized Return 4.47 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 Real Estate Strategies Intercontinental Real Estate 2.80 (86) 3.73 (71) -11.09 (91) -15.59 (86) 26.31 (14) 13.86 (70) 4.41 (11) 8.32 (18) 11.40 (9) NCREIF Fund Index-ODCE (EW) 3.66 (66) 3.80 (70) -7.75 (65) -12.40 (51) 22.76 (37) 15.75 (50) 1.74 (40) 6.17 (68) 8.82 (54) IM U.S. Open End Private Real Estate (SA+CF) Median 4.27 5.05 -6.22 -12.39 20.19 15.73 1.58 6.80 8.88 Returns for periods greater than one year are annualized. Returns are expressed as percentages. Page 25 Crestview Police Officers' and Firefighters' Retirement Plan Long-Term Performance As of June 30, 2026 Plan Growth $51,600,000 $39,865,784 $38,700,000 e u l $25,800,000 a V t e k r a $12,900,000 M $6,109,334 $0 -$12,900,000 9/94 12/95 3/97 6/98 9/99 12/00 3/02 6/03 9/04 12/05 3/07 6/08 9/09 12/10 3/12 6/13 9/14 12/15 3/17 6/18 9/19 12/20 3/22 6/23 9/24 6/26 Total Fund Portfolio Net Cash Flow Schedule of Investable Assets Beginning Net Ending Gain/Loss Periods Ending Market Value Cash Flow Market Value %Return $ $ $ $ Inception 2,191,952 3,917,382 33,756,450 39,865,784 8.08 Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR Total Fund Portfolio 9.02 (46) 7.54 (48) 15.84 (37) 13.92 (28) 13.02 (36) 7.40 (25) 9.42 (26) 9.36 (26) 8.23 (35) Total Fund Policy 9.16 (41) 7.42 (52) 15.53 (43) 13.74 (35) 13.10 (34) 7.86 (14) 9.86 (16) 9.69 (16) 8.90 (12) Median 8.81 7.45 15.01 13.05 12.48 6.66 8.88 8.86 8.03 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 Total Fund Portfolio 10.10 (38) 11.76 (18) 20.60 (54) 10.20 (60) -12.77 (29) 19.87 (57) 8.54 (41) 4.48 (34) Total Fund Policy 9.89 (45) 11.89 (16) 20.66 (54) 11.33 (41) -11.93 (22) 19.40 (64) 10.32 (21) 4.54 (33) Median 9.65 10.38 21.04 10.70 -14.80 20.32 7.77 3.99 Peer Group: All Public Plans-Total Fund Page 26 Crestview Police Officers' and Firefighters' Retirement Plan Long-Term Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years Ending June 30, 2026 10.0 100.8 9.0 100.2 ) % 8.0 ( o i t 99.6 a R ) e % 7.0 r ( u t n r p 99.0 u a t C e 6.0 t R e k r a 98.4 5.0 M p U 97.8 4.0 3.0 97.2 4.0 6.0 8.0 10.0 12.0 14.0 99.2 100.0 100.8 101.6 102.4 103.2 104.0 104.8 Risk (Standard Deviation %) Down Market Capture Ratio (%) Total Fund Portfolio Total Fund Policy Total Fund Portfolio Total Fund Policy Historical Statistics: 5 Years Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error Total Fund Portfolio 45.00 -16.71 -0.41 -0.44 0.48 -0.52 0.04 1.00 0.83 Total Fund Policy 100.00 -16.16 0.00 0.00 0.52 N/A 0.05 1.00 0.00 90 Day U.S. Treasury Bill 35.00 0.00 3.14 -4.57 N/A -0.52 0.00 0.05 8.71 Peer Group: All Public Plans-Total Fund Page 27 Crestview Police Officers' and Firefighters' Retirement Plan Compliance Statistics As of June 30, 2026 Multi Time Period Statistics 1 1 1 3 YR 5 YR Quarter Quarter Quarter 1 Qtr 3 YR 5 YR Down Down Ending Ending Ending Return Return Return Market Market Mar-2026 Dec-2025 Sep-2025 Capture Capture Return Return Return Total Fund Portfolio (Net) 8.98 (47) -1.38 (59) 2.33 (24) 5.17 (32) 12.86 (41) 7.14 (34) 105.55 (56) 105.09 (67) Total Fund Policy 9.16 (41) -1.60 (75) 2.30 (27) 5.13 (36) 13.10 (34) 7.86 (14) 100.00 100.00 All Public Plans-Total Fund (Net) Median 8.81 -1.18 2.04 4.86 12.48 6.66 112.19 115.73 Total Fund Portfolio (Gross) 9.02 -1.35 2.38 5.22 13.02 7.40 102.09 103.50 Total Fund Policy 9.16 -1.60 2.30 5.13 13.10 7.86 100.00 100.00 Total Equity 13.90 -2.47 3.00 7.13 18.63 10.02 101.68 108.13 Total Equity Policy 15.25 -3.05 3.08 7.90 20.23 11.66 100.00 100.00 Domestic Equity 16.26 (41) -3.67 (62) 2.60 (33) 7.47 (37) 19.66 (30) 11.10 (31) 100.50 (47) 105.48 (41) Domestic Equity Policy 15.43 (47) -3.96 (64) 2.40 (39) 8.18 (26) 20.35 (24) 12.30 (19) 100.00 100.00 All Cap Median 15.14 -1.75 1.93 6.40 17.01 9.47 95.27 97.42 International Equity 7.65 (74) 0.85 (46) 4.11 (49) 6.16 (31) 15.86 (55) 7.01 (59) 88.47 (62) 106.90 (46) International Equity Policy 14.69 (17) -0.60 (59) 5.11 (29) 7.03 (16) 19.42 (25) 9.35 (33) 100.00 100.00 Foreign Median 10.06 0.42 4.02 4.62 16.37 7.90 103.50 105.10 Total Fixed Income 0.87 0.09 1.41 2.14 5.50 1.88 71.89 86.97 Total Fixed Policy 0.64 -0.05 1.25 1.69 4.83 1.21 100.00 100.00 Domestic Fixed Income 0.54 (68) 0.26 (25) 1.29 (36) 2.05 (16) 4.89 (74) 1.27 (88) 103.30 (9) 97.63 (10) Domestic Fixed Policy 0.47 (81) 0.11 (55) 1.35 (22) 1.79 (43) 4.66 (89) 0.97 (96) 100.00 100.00 IM U.S. Intermediate Duration (SA+CF) Median 0.62 0.12 1.24 1.73 5.10 1.58 51.02 78.00 Non-Core Fixed Income 2.49 -0.72 1.98 2.54 8.10 4.41 -48.94 68.06 Non-Core Fixed Income Policy 1.46 -0.81 0.78 1.24 5.68 2.37 100.00 100.00 Infrastructure 0.00 2.33 2.41 2.34 9.36 9.18 N/A N/A Total Infrastructure Policy 1.47 1.47 1.47 1.47 6.07 7.30 N/A N/A Real Estate 1.54 (63) 1.07 (69) 0.16 (92) 1.08 (66) -2.03 (89) 1.37 (79) 113.09 (29) 128.16 (6) NCREIF Fund Index-ODCE (EW) 1.49 (67) 1.16 (66) 0.97 (59) 0.65 (86) -0.89 (66) 2.69 (60) 100.00 100.00 IM U.S. Open End Private Real Estate (SA+CF) Median 1.61 1.28 1.13 1.28 -0.06 2.93 90.66 89.76 Page 28 Crestview Police Officers' and Firefighters' Retirement Plan Compliance Statistics As of June 30, 2026 1 1 1 3 YR 5 YR Quarter Quarter Quarter 1 Qtr 3 YR 5 YR Down Down Ending Ending Ending Return Return Return Market Market Mar-2026 Dec-2025 Sep-2025 Capture Capture Return Return Return Domestic Equity Strategies Fidelity 500 Index (FXAIX) 15.20 (39) -4.34 (53) 2.65 (36) 8.12 (24) N/A N/A N/A N/A S&P 500 Index 15.20 (39) -4.33 (53) 2.66 (36) 8.12 (23) 20.61 (28) 13.41 (15) 100.00 100.00 Large Cap Median 14.09 -4.17 2.30 6.56 18.55 10.94 100.47 100.77 Mass Mutual Small Cap (MSOOX) 20.74 (43) -0.85 (72) 2.55 (33) 4.68 (81) N/A N/A N/A N/A Russell 2000 Index 21.49 (37) 0.89 (55) 2.19 (42) 12.39 (12) 18.60 (27) 6.98 (58) 100.00 100.00 Small Cap Median 19.66 1.12 1.86 7.73 16.07 7.44 88.76 89.73 International Equity Strategies DFA Intl Value (DFIVX) 4.37 (79) 5.83 (16) 8.44 (15) 8.82 (9) N/A N/A N/A N/A MSCI EAFE Value Index (Net) 7.49 (47) 2.00 (66) 7.83 (22) 7.39 (27) 21.51 (23) 13.15 (21) 100.00 100.00 Foreign Large Value Median 7.27 3.01 6.60 6.31 19.69 11.57 101.60 105.22 MFS International Growth (MGRDX) 5.67 (94) -3.48 (46) 1.45 (49) 3.49 (32) N/A N/A N/A N/A MSCI EAFE Growth Index (Net) 14.53 (45) -4.71 (61) 1.86 (41) 2.23 (53) 11.47 (59) 4.88 (48) 100.00 100.00 Foreign Large Growth Median 14.40 -3.72 1.32 2.39 12.45 4.64 83.40 93.83 DFA Emerging Markets (DFCEX) 17.98 (73) 3.01 (50) 3.79 (69) 8.90 (61) N/A N/A N/A N/A MSCI Emerging Markets (Net) Index 24.05 (35) -0.17 (85) 4.73 (45) 10.64 (34) 23.03 (44) 7.20 (41) 100.00 100.00 Diversified Emerging Mkts Median 22.27 2.97 4.46 9.80 22.10 6.69 71.38 98.14 Page 29 Crestview Police Officers' and Firefighters' Retirement Plan Compliance Statistics As of June 30, 2026 1 1 1 3 YR 5 YR Quarter Quarter Quarter 1 Qtr 3 YR 5 YR Down Down Ending Ending Ending Return Return Return Market Market Mar-2026 Dec-2025 Sep-2025 Capture Capture Return Return Return Domestic Fixed Income Strategies Agincourt Fixed Income 0.54 (68) 0.26 (25) 1.29 (36) 2.05 (16) 4.90 (72) 1.28 (88) 103.30 (9) 97.63 (10) Bloomberg Intermed Aggregate Index 0.47 (81) 0.11 (55) 1.35 (22) 1.79 (43) 4.66 (89) 0.97 (96) 100.00 100.00 IM U.S. Intermediate Duration (SA+CF) Median 0.62 0.12 1.24 1.73 5.10 1.58 51.02 78.00 Non-Core Fixed Income Strategies PIMCO Diversified Income (PDIIX) 3.17 (8) -0.94 (31) 2.29 (10) 3.05 (1) 8.60 (1) 2.70 (3) 6.30 (96) 50.83 (84) Blmbg. Global Multiverse 1.04 (75) -1.10 (32) 0.35 (49) 0.70 (57) 3.72 (61) -1.30 (51) 100.00 100.00 Global Bond Median 1.45 -1.58 0.33 0.90 4.09 -1.28 105.57 107.23 Aristotle Floating Rate Income (PLFRX) 1.82 (47) -0.51 (51) 1.67 (11) 2.05 (12) 7.61 (21) 6.01 (10) 93.20 (50) 105.85 (78) Morningstar LSTA US Leveraged Loan 1.88 (39) -0.55 (54) 1.22 (38) 1.77 (28) 7.55 (22) 6.01 (9) 100.00 100.00 Bank Loan Median 1.79 -0.51 1.00 1.51 6.90 5.01 93.19 121.20 Infrastructure Strategies Brookfield BSIP Access Fund 0.00 2.33 2.41 2.34 9.36 9.18 N/A N/A 6% Annualized Return 1.47 1.47 1.47 1.47 6.00 6.00 N/A N/A Real Estate Strategies Intercontinental Real Estate 1.54 (63) 1.07 (69) 0.16 (92) 1.08 (66) -2.03 (89) 1.37 (79) 113.09 (29) 128.16 (6) NCREIF Fund Index-ODCE (EW) 1.49 (67) 1.16 (66) 0.97 (59) 0.65 (86) -0.89 (66) 2.69 (60) 100.00 100.00 IM U.S. Open End Private Real Estate (SA+CF) Median 1.61 1.28 1.13 1.28 -0.06 2.93 90.66 89.76 Page 30 Crestview Police Officers' and Firefighters' Retirement Plan Fee Analysis As of June 30, 2026 Estimated 06/30/26 06/30/26 Estimated Annual Fee (%) Market Value Allocation (%) Annual Fee ($) Domestic Equity Fidelity 500 Index (FXAIX) 0.02 15,404,951 38.64 2,311 Mass Mutual Small Cap (MSOOX) 0.65 3,884,596 9.74 25,250 International Equity DFA Intl Value (DFIVX) 0.28 2,261,292 5.67 6,332 MFS International Growth (MGRDX) 0.72 3,015,603 7.56 21,712 DFA Emerging Markets (DFCEX) 0.40 1,464,961 3.67 5,860 Domestic Fixed Income Agincourt Fixed Income 0.25 7,599,379 19.06 18,998 Non-Core Fixed Income PIMCO Diversified Income (PDIIX) 0.75 808,888 2.03 6,067 Aristotle Floating Rate Income (PLFRX) 0.71 806,518 2.02 5,726 Infrastructure Brookfield BSIP Access Fund** 1.00 1,942,591 4.87 19,426 Real Estate Intercontinental Real Estate* 1.10 2,268,667 5.69 24,955 Cash Accounts R&D 408,338 1.02 - Total Fund Portfolio 0.34 39,865,784 100.00 136,637 *Intercontinental subject to performance based fee of 20% on all returns above 8% annual return. ** Brookfield BSIP subject to incentive fee of 5% of distributions. Fee information on this page is an illustrative estimate of management fees based on current reported portfolio values. Fee estimates do not reflect actual calculation methodologies or applicable carried interest. Page 31 Page Intentionally Left Blank Page 32 Long-Term Manager Composite Data Manager Composites are provided for illustrative and historical perspective purposes. They do not represent actual results for Crestview Police Officers' and Firefighters' Retirement Plan. Page 33 Fidelity 500 Index Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $75.00 $59.60$62.25 $60.00 $45.00 $30.00 $15.00 $0.00 -$15.00 2/88 8/89 2/91 8/92 2/94 8/95 2/97 8/98 2/00 8/01 2/03 8/04 2/06 8/07 2/09 8/10 2/12 8/13 2/15 8/16 2/18 8/19 2/21 8/22 2/24 6/26 Fidelity 500 Index S&P 500 Index Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR Fidelity 500 Index 15.20 (39) 10.20 (40) 22.31 (31) 18.67 (27) 20.60 (28) 13.39 (15) 16.06 (22) 15.49 (26) 14.35 (20) S&P 500 Index 15.20 (39) 10.21 (39) 22.33 (30) 18.69 (27) 20.61 (28) 13.41 (15) 16.08 (21) 15.51 (26) 14.36 (20) Median 14.09 9.40 19.27 16.56 18.55 10.94 13.94 13.91 12.79 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 Fidelity 500 Index 13.12 (39) 17.59 (30) 36.33 (33) 21.61 (35) -15.49 (44) 29.99 (45) 15.14 (40) 4.24 (30) S&P 500 Index 13.13 (39) 17.60 (30) 36.35 (33) 21.62 (35) -15.47 (44) 30.00 (45) 15.15 (40) 4.25 (30) Median 11.90 14.52 33.52 19.74 -16.34 29.43 12.48 2.49 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Large Cap Page 34 Fidelity 500 Index Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 18.0 100.1 15.0 ) % ( o i t a R ) 12.0 e % r ( u t n r p 100.0 u a t C e t R 9.0 e k r a M p U 6.0 3.0 99.9 6.0 9.0 12.0 15.0 18.0 21.0 24.0 27.0 30.0 99.9 100.0 100.1 Risk (Standard Deviation %) Down Market Capture Ratio (%) Fidelity 500 Index S&P 500 Index Fidelity 500 Index S&P 500 Index Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error Fidelity 500 Index 10.00 -23.88 -0.01 -0.01 0.71 -1.96 0.10 1.00 0.01 S&P 500 Index 100.00 -23.87 0.00 0.00 0.71 N/A 0.10 1.00 0.00 90 Day U.S. Treasury Bill 30.00 0.00 3.15 -10.46 N/A -0.71 0.00 0.03 14.81 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Large Cap Page 35 MassMutual Small Cap Opps I Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $20.00 $16.00 $15.07 $12.00 $10.46 $8.00 $4.00 $0.00 -$4.00 7/98 10/99 1/01 4/02 7/03 10/04 1/06 4/07 7/08 10/09 1/11 4/12 7/13 10/14 1/16 4/17 7/18 10/19 1/21 4/22 7/23 10/24 6/26 MassMutual Small Cap Opps I Russell 2000 Index Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR MassMutual Small Cap Opps I 20.74 (43) 19.70 (62) 28.51 (70) 19.52 (48) 16.65 (44) 8.78 (31) 13.00 (19) 12.33 (26) 11.67 (16) Russell 2000 Index 21.49 (37) 22.57 (43) 40.78 (24) 23.12 (21) 18.60 (27) 6.98 (58) 11.34 (45) 11.62 (39) 10.52 (42) Median 19.66 21.47 33.41 19.31 16.07 7.44 11.08 11.16 10.26 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 MassMutual Small Cap Opps I 22.76 (59) 6.05 (46) 27.85 (24) 13.14 (39) -18.57 (42) 48.95 (45) 2.62 (37) -7.01 (48) Russell 2000 Index 25.25 (43) 10.76 (20) 26.76 (33) 8.93 (73) -23.50 (65) 47.68 (50) 0.39 (42) -8.89 (62) Median 24.06 5.53 24.86 11.40 -20.01 47.51 -3.15 -7.48 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Small Cap Page 36 MassMutual Small Cap Opps I Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 15.0 100.8 12.0 99.9 ) % ( o i 9.0 t 99.0 a R ) e % r ( u t n r 6.0 p 98.1 u a t C e t R e k r 3.0 a 97.2 M p U 0.0 96.3 -3.0 95.4 9.0 12.0 15.0 18.0 21.0 24.0 27.0 70.0 75.0 80.0 85.0 90.0 95.0 100.0 105.0 Risk (Standard Deviation %) Down Market Capture Ratio (%) MassMutual Small Cap Opps I Russell 2000 Index MassMutual Small Cap Opps I Russell 2000 Index Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error MassMutual Small Cap Opps I 60.00 -22.32 2.55 1.39 0.41 0.29 0.07 0.86 4.74 Russell 2000 Index 100.00 -26.83 0.00 0.00 0.28 N/A 0.05 1.00 0.00 90 Day U.S. Treasury Bill 40.00 0.00 3.31 -4.81 N/A -0.28 0.00 0.02 16.90 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Small Cap Page 37 DFA International Value I Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $12.50 $10.22 $10.00 $7.60 $7.50 $5.00 $2.50 $0.00 -$2.50 2/94 5/95 8/96 11/97 2/99 5/00 8/01 11/02 2/04 5/05 8/06 11/07 2/09 5/10 8/11 11/12 2/14 5/15 8/16 11/17 2/19 5/20 8/21 11/22 2/24 5/25 6/26 DFA International Value I MSCI EAFE Value Index (Net) Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR DFA International Value I 4.37 (79) 10.45 (45) 30.34 (21) 26.93 (20) 22.31 (19) 14.73 (8) 13.18 (11) 12.00 (6) 7.43 (32) MSCI EAFE Value Index (Net) 7.49 (47) 9.63 (57) 26.95 (35) 25.59 (33) 21.51 (23) 13.15 (21) 11.31 (46) 10.45 (35) 6.87 (51) Median 7.27 10.06 24.96 23.72 19.69 11.57 11.12 9.75 6.88 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 DFA International Value I 19.77 (39) 25.97 (16) 20.98 (70) 31.93 (27) -17.06 (11) 41.54 (8) -13.66 (92) -8.41 (84) MSCI EAFE Value Index (Net) 18.21 (49) 22.53 (39) 23.14 (38) 31.51 (28) -20.16 (28) 30.66 (40) -11.93 (85) -4.92 (46) Median 17.70 20.68 22.31 27.96 -22.32 28.82 -5.66 -5.30 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Foreign Large Value Page 38 DFA International Value I Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 18.0 106.0 105.0 16.0 ) % ( 104.0 o i 14.0 t a R ) e % r 103.0 ( u t n r 12.0 p u a t C e t 102.0 R e k r 10.0 a M 101.0 p U 8.0 100.0 6.0 99.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 19.0 90.0 92.0 94.0 96.0 98.0 100.0 102.0 Risk (Standard Deviation %) Down Market Capture Ratio (%) DFA International Value I MSCI EAFE Value Index (Net) DFA International Value I MSCI EAFE Value Index (Net) Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error DFA International Value I 60.00 -20.68 2.17 1.35 0.83 0.44 0.12 0.94 3.06 MSCI EAFE Value Index (Net) 100.00 -21.35 0.00 0.00 0.70 N/A 0.10 1.00 0.00 90 Day U.S. Treasury Bill 30.00 0.00 3.15 -10.14 N/A -0.70 0.00 0.03 14.39 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Foreign Large Value Page 39 MFS International Growth R6 Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $10.00 $8.00 $7.32 $6.00 $4.89 $4.00 $2.00 $0.00 -$2.00 10/95 1/97 4/98 7/99 10/00 1/02 4/03 7/04 10/05 1/07 4/08 7/09 10/10 1/12 4/13 7/14 10/15 1/17 4/18 7/19 10/20 1/22 4/23 7/24 6/26 MFS International Growth R6 MSCI EAFE Growth Index (Net) Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR MFS International Growth R6 5.67 (94) 2.00 (89) 7.09 (70) 12.69 (59) 11.36 (60) 6.07 (29) 8.81 (45) 10.00 (24) 7.46 (32) MSCI EAFE Growth Index (Net) 14.53 (45) 9.14 (50) 13.65 (44) 12.52 (61) 11.47 (59) 4.88 (48) 8.16 (57) 8.61 (63) 6.79 (55) Median 14.40 8.84 12.63 13.78 12.45 4.64 8.52 9.04 6.95 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 MFS International Growth R6 3.48 (81) 10.47 (50) 31.02 (17) 18.46 (54) -21.94 (2) 16.58 (77) 13.18 (72) 3.06 (27) MSCI EAFE Growth Index (Net) 11.17 (45) 7.76 (67) 26.54 (46) 20.00 (36) -30.28 (33) 20.87 (46) 13.44 (71) 2.21 (32) Median 10.39 10.45 26.22 18.71 -32.98 20.46 17.26 0.82 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Foreign Large Growth Page 40 MFS International Growth R6 Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 12.0 102.0 9.0 99.0 ) % ( o i 6.0 t 96.0 a R ) e % r ( u t n r 3.0 p 93.0 u a t C e t R e k r 0.0 a 90.0 M p U -3.0 87.0 -6.0 84.0 12.0 14.0 16.0 18.0 20.0 22.0 24.0 26.0 66.0 72.0 78.0 84.0 90.0 96.0 102.0 108.0 Risk (Standard Deviation %) Down Market Capture Ratio (%) MFS International Growth R6 MSCI EAFE Growth Index (Net) MFS International Growth R6 MSCI EAFE Growth Index (Net) Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error MFS International Growth R6 60.00 -25.61 2.02 0.60 0.25 0.10 0.05 0.78 6.17 MSCI EAFE Growth Index (Net) 100.00 -33.02 0.00 0.00 0.17 N/A 0.03 1.00 0.00 90 Day U.S. Treasury Bill 35.00 0.00 3.39 -2.98 N/A -0.17 0.00 0.02 17.82 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Foreign Large Growth Page 41 DFA Emerging Markets Core Equity 2 I Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $7.50 $5.99 $6.00 $5.36 $4.50 $3.00 $1.50 $0.00 4/05 4/06 4/07 4/08 4/09 4/10 4/11 4/12 4/13 4/14 4/15 4/16 4/17 4/18 4/19 4/20 4/21 4/22 4/23 4/24 4/25 6/26 DFA Emerging Markets Core Equity 2 I MSCI Emerging Markets (Net) Index Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR DFA Emerging Markets Core Equity 2 I 17.98 (73) 21.53 (65) 37.36 (66) 24.65 (67) 21.28 (56) 8.92 (21) 10.95 (28) 10.39 (36) 5.74 (44) MSCI Emerging Markets (Net) Index 24.05 (35) 23.85 (57) 43.51 (52) 28.63 (47) 23.03 (44) 7.20 (41) 9.82 (49) 10.07 (44) 5.25 (54) Median 22.27 25.28 43.72 28.05 22.10 6.69 9.79 9.76 5.43 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 DFA Emerging Markets Core Equity 2 I 26.13 (66) 15.55 (61) 24.29 (39) 18.30 (17) -23.70 (13) 27.21 (20) 3.82 (81) -1.75 (69) MSCI Emerging Markets (Net) Index 29.70 (56) 17.32 (49) 26.05 (24) 11.70 (61) -28.11 (31) 18.20 (58) 10.54 (49) -2.02 (72) Median 30.83 16.94 23.38 13.37 -29.90 19.24 10.40 0.51 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Diversified Emerging Mkts Page 42 DFA Emerging Markets Core Equity 2 I Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 16.0 102.0 12.0 ) % ( 99.0 o i t a R ) 8.0 e % r ( u t n r p 96.0 u a t C e t R 4.0 e k r a M p 93.0 0.0 U -4.0 90.0 10.0 12.0 14.0 16.0 18.0 20.0 22.0 24.0 66.0 72.0 78.0 84.0 90.0 96.0 102.0 108.0 Risk (Standard Deviation %) Down Market Capture Ratio (%) DFA Emerging Markets Core Equity 2 I DFA Emerging Markets Core Equity 2 I MSCI Emerging Markets (Net) Index MSCI Emerging Markets (Net) Index Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error DFA Emerging Markets Core Equity 2 I 65.00 -28.48 2.62 1.27 0.43 0.30 0.07 0.84 4.18 MSCI Emerging Markets (Net) Index 100.00 -33.93 0.00 0.00 0.30 N/A 0.05 1.00 0.00 90 Day U.S. Treasury Bill 45.00 0.00 3.29 -4.99 N/A -0.30 0.00 0.03 16.92 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Diversified Emerging Mkts Page 43 Agincourt Intermediate Fixed Income Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $3.50 $3.02 $3.00 $2.70 $2.50 $2.00 $1.50 $1.00 $0.50 10/99 1/01 4/02 7/03 10/04 1/06 4/07 7/08 10/09 1/11 4/12 7/13 10/14 1/16 4/17 7/18 10/19 1/21 4/22 7/23 10/24 6/26 Agincourt Intermediate Fixed Income Bloomberg Intermed Aggregate Index Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR Agincourt Intermediate Fixed Income 0.52 (73) 0.57 (81) 3.60 (68) 5.24 (64) 4.90 (72) 1.44 (69) 2.20 (62) 2.25 (64) 2.65 (56) Bloomberg Intermed Aggregate Index 0.47 (81) 0.59 (80) 3.76 (50) 5.22 (66) 4.66 (89) 0.97 (96) 1.62 (99) 1.74 (99) 2.15 (99) Median 0.62 0.75 3.75 5.31 5.10 1.58 2.29 2.32 2.66 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 Agincourt Intermediate Fixed Income 1.89 (71) 4.25 (58) 9.86 (66) 2.57 (51) -10.28 (64) -0.43 (90) 7.28 (14) 8.50 (18) Bloomberg Intermed Aggregate Index 1.94 (61) 3.82 (89) 10.39 (41) 1.42 (90) -11.49 (87) -0.38 (88) 5.66 (77) 8.08 (47) Median 2.02 4.32 10.19 2.57 -10.04 0.32 6.45 8.04 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: IM U.S. Intermediate Duration (SA+CF) Page 44 Agincourt Intermediate Fixed Income Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 3.5 102.0 3.0 ) % ( 100.0 o i t 2.5 a R ) e % r ( u t n r 2.0 p 98.0 u a t C e t R e k r 1.5 a M p 96.0 U 1.0 0.5 94.0 2.0 2.5 3.0 3.5 4.0 4.5 5.0 5.5 6.0 6.5 75.0 80.0 85.0 90.0 95.0 100.0 105.0 Risk (Standard Deviation %) Down Market Capture Ratio (%) Agincourt Intermediate Fixed Income Agincourt Intermediate Fixed Income Bloomberg Intermed Aggregate Index Bloomberg Intermed Aggregate Index Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error Agincourt Intermediate Fixed Income 60.00 -10.28 0.56 0.44 -0.48 0.64 -0.02 0.89 0.69 Bloomberg Intermed Aggregate Index 100.00 -11.49 0.00 0.00 -0.52 N/A -0.02 1.00 0.00 90 Day U.S. Treasury Bill 55.00 0.00 3.41 2.39 N/A 0.52 0.00 0.10 4.59 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: IM U.S. Intermediate Duration (SA+CF) Page 45 PIMCO Diversified Inc Instl Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $4.80 $4.00 $3.77 $3.20 $2.40 $1.93 $1.60 $0.80 $0.00 7/03 7/04 7/05 7/06 7/07 7/08 7/09 7/10 7/11 7/12 7/13 7/14 7/15 7/16 7/17 7/18 7/19 7/20 7/21 7/22 7/23 7/24 7/25 6/26 PIMCO Diversified Inc Instl Blmbg. Global Multiverse Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR PIMCO Diversified Inc Instl 3.17 (8) 2.20 (7) 7.73 (1) 8.57 (6) 8.59 (1) 2.75 (3) 3.31 (3) 4.31 (1) 4.56 (1) Blmbg. Global Multiverse 1.04 (75) -0.07 (48) 0.97 (61) 4.95 (56) 3.72 (61) -1.30 (51) 0.05 (52) 0.62 (60) 1.04 (53) Median 1.45 -0.18 1.79 5.20 4.09 -1.28 0.08 0.92 1.14 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 PIMCO Diversified Inc Instl 4.55 (3) 7.33 (5) 15.38 (2) 7.27 (16) -17.64 (25) 4.80 (4) 3.50 (75) 9.54 (4) Blmbg. Global Multiverse 0.27 (59) 2.68 (61) 12.24 (51) 2.69 (54) -20.35 (37) -0.45 (75) 5.99 (34) 7.54 (24) Median 0.94 3.11 12.28 2.89 -21.61 0.49 5.15 5.91 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Global Bond Page 46 PIMCO Diversified Inc Instl Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 4.0 106.0 105.0 ) 2.0 % ( 104.0 o i t a R ) e % r 103.0 ( u t n r 0.0 p u a t C e t 102.0 R e k r a M 101.0 p -2.0 U 100.0 -4.0 99.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 30.0 45.0 60.0 75.0 90.0 105.0 120.0 Risk (Standard Deviation %) Down Market Capture Ratio (%) PIMCO Diversified Inc Instl Blmbg. Global Multiverse PIMCO Diversified Inc Instl Blmbg. Global Multiverse Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error PIMCO Diversified Inc Instl 65.00 -17.68 3.80 3.94 -0.07 1.09 -0.01 0.79 3.63 Blmbg. Global Multiverse 100.00 -21.07 0.00 0.00 -0.54 N/A -0.04 1.00 0.00 90 Day U.S. Treasury Bill 65.00 0.00 3.58 4.41 N/A 0.54 0.00 0.05 8.21 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Global Bond Page 47 Aristotle Floating Rate Income I Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $2.40 $2.10 $2.07$2.06 $1.80 $1.50 $1.20 $0.90 $0.60 6/11 3/12 12/12 9/13 6/14 3/15 12/15 9/16 6/17 3/18 12/18 9/19 6/20 3/21 12/21 9/22 6/23 3/24 12/24 9/25 6/26 Aristotle Floating Rate Income I Morningstar LSTA US Leveraged Loan Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR Aristotle Floating Rate Income I 1.82 (50) 1.30 (50) 5.10 (26) 5.89 (40) 7.63 (32) 6.09 (5) 5.37 (17) 5.30 (9) 4.97 (4) Morningstar LSTA US Leveraged Loan 1.88 (46) 1.31 (50) 4.36 (41) 5.82 (42) 7.55 (34) 6.01 (10) 5.61 (6) 5.50 (4) 4.93 (9) Median 1.82 1.30 4.19 5.74 7.11 5.30 4.86 4.67 4.23 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 Aristotle Floating Rate Income I 2.99 (28) 6.99 (34) 9.54 (38) 13.43 (12) -2.74 (13) 6.95 (69) 0.02 (48) 3.21 (29) Morningstar LSTA US Leveraged Loan 2.55 (53) 7.00 (32) 9.59 (37) 13.05 (23) -2.59 (7) 8.40 (31) 1.06 (21) 3.10 (31) Median 2.65 6.72 9.25 12.19 -4.06 7.47 -0.12 2.56 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Bank Loan Page 48 Aristotle Floating Rate Income I Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 6.5 102.5 102.0 6.0 ) % ( o i t a 101.5 R ) 5.5 e % r ( u t n r p 101.0 u a t C e t R 5.0 e k r 100.5 a M p 4.5 U 100.0 4.0 99.5 3.2 3.4 3.6 3.8 4.0 4.2 4.4 4.6 99.0 99.9 100.8 101.7 102.6 103.5 104.4 105.3 Risk (Standard Deviation %) Down Market Capture Ratio (%) Aristotle Floating Rate Income I Aristotle Floating Rate Income I Morningstar LSTA US Leveraged Loan Morningstar LSTA US Leveraged Loan Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error Aristotle Floating Rate Income I 60.00 -4.82 -0.18 0.08 0.81 0.19 0.02 1.04 0.44 Morningstar LSTA US Leveraged Loan 100.00 -4.56 0.00 0.00 0.84 N/A 0.02 1.00 0.00 90 Day U.S. Treasury Bill 20.00 0.00 2.46 -2.46 N/A -0.84 0.00 0.18 2.94 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: Bank Loan Page 49 Intercontinental US REIF Long-Term Composite Performance As of June 30, 2026 Growth of a Dollar $3.60 $3.00 $2.65 $2.40 $1.80 $1.20 $0.60 $0.00 12/06 12/07 12/08 12/09 12/10 12/11 12/12 12/13 12/14 12/15 12/16 12/17 12/18 12/19 12/20 12/21 12/22 12/23 12/24 6/26 Intercontinental US REIF NCREIF Fund Index-ODCE (EW) Trailing Returns QTR YTD 1 YR 2 YR 3 YR 5 YR 7 YR 10 YR 15 YR Intercontinental US REIF 1.52 (64) 2.61 (69) 3.88 (82) 2.72 (86) -2.05 (91) 1.37 (79) 3.02 (67) 5.33 (48) 8.21 (32) NCREIF Fund Index-ODCE (EW) 1.49 (67) 2.67 (67) 4.34 (73) 3.80 (78) -0.89 (66) 2.69 (60) 3.53 (62) 4.81 (65) 7.37 (67) Median 1.61 2.94 5.60 4.74 -0.06 2.93 3.87 5.33 7.94 Fiscal Year Returns FYTD FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY2020 FY 2019 Intercontinental US REIF 2.77 (87) 3.70 (71) -11.10 (91) -15.61 (86) 26.47 (13) 13.84 (71) 4.41 (10) 8.30 (19) NCREIF Fund Index-ODCE (EW) 3.66 (66) 3.80 (70) -7.75 (65) -12.40 (51) 22.76 (37) 15.75 (50) 1.74 (40) 6.17 (68) Median 4.27 5.05 -6.22 -12.39 20.19 15.73 1.58 6.80 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: IM U.S. Open End Private Real Estate (SA+CF) Page 50 Intercontinental US REIF Long-Term Composite Performance As of June 30, 2026 5 Year Rolling Percentile Ranking k 0.0 n a R e 25.0 l i t n e c 50.0 r e P n r 75.0 u t e R 100.0 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 9/20 9/21 9/22 9/23 9/24 9/25 6/26 Risk vs Return: 5 Years Up/Down Markets: 5 Years 8.0 100.1 6.0 ) % ( o i 4.0 t 100.0 a R ) e % r ( u t n r 2.0 p u a t C e t R e k r 0.0 a 99.9 M p U -2.0 -4.0 99.8 2.8 3.5 4.2 4.9 5.6 6.3 7.0 7.7 8.4 9.1 9.8 88.0 96.0 104.0 112.0 120.0 128.0 136.0 Risk (Standard Deviation %) Down Market Capture Ratio (%) Intercontinental US REIF NCREIF Fund Index-ODCE (EW) Intercontinental US REIF NCREIF Fund Index-ODCE (EW) Historical Statistics: 5 Years Ending June 30, 2026 Maximum Active Sharpe Information Treynor Tracking Consistency Alpha Beta Drawdown Return Ratio Ratio Ratio Error Intercontinental US REIF 40.00 -24.98 -1.52 -1.20 -0.19 -0.45 -0.02 1.11 2.70 NCREIF Fund Index-ODCE (EW) 100.00 -19.29 0.00 0.00 -0.07 N/A -0.01 1.00 0.00 90 Day U.S. Treasury Bill 60.00 0.00 3.84 0.55 N/A 0.07 0.00 -0.10 8.13 Long-term composite performance. Actual client results may vary. October 2007 represents the beginning of the current market cycle. Peer Group: IM U.S. Open End Private Real Estate (SA+CF) Page 51 Crestview Police Officers' and Firefighters' Retirement Plan Investment Policies Benchmark History As of June 30, 2026 Total Fund Policy Weight (%) Weight (%) Oct-1994 Jul-2021 S&P 500 Index 50.00 Russell 3000 Index 42.50 Blmbg. U.S. Gov't/Credit 50.00 MSCI AC World ex USA 15.00 Bloomberg Intermed Aggregate Index 22.50 Oct-2000 Blmbg. Global Multiverse 2.50 Blmbg. U.S. Gov't/Credit 40.00 Morningstar LSTA US Leveraged Loan 2.50 S&P 500 Index 60.00 NCREIF Fund Index-ODCE (EW) 10.00 CPI + 3% 5.00 Apr-2007 Bloomberg Intermed Aggregate Index 40.00 Sep-2023 S&P 500 Index 60.00 Russell 3000 Index 42.50 MSCI AC World ex USA 15.00 Apr-2010 Bloomberg Intermed Aggregate Index 22.50 S&P 500 Index 45.00 Blmbg. Global Multiverse 2.50 Blmbg. U.S. Aggregate Index 40.00 Morningstar LSTA US Leveraged Loan 2.50 MSCI EAFE Index 15.00 NCREIF Fund Index-ODCE (EW) 10.00 Aug-2014 6% Annualized Return 5.00 Russell 3000 Index 45.00 Bloomberg Intermed Aggregate Index 35.00 MSCI AC World ex USA 15.00 Blmbg. Global Multiverse 5.00 Jan-2015 Russell 3000 Index 45.00 Bloomberg Intermed Aggregate Index 25.00 MSCI AC World ex USA 15.00 Blmbg. Global Multiverse 5.00 NCREIF Fund Index-ODCE (EW) 10.00 Oct-2018 Russell 3000 Index 45.00 MSCI AC World ex USA 15.00 Bloomberg Intermed Aggregate Index 25.00 Blmbg. Global Multiverse 2.50 Morningstar LSTA US Leveraged Loan 2.50 NCREIF Fund Index-ODCE (EW) 10.00 Page 52 Crestview Police Officers' and Firefighters' Retirement Plan Investment Policies Benchmark History As of June 30, 2026 Total Equity Policy Domestic Equity Policy Weight (%) Weight (%) Oct-1994 Oct-1994 S&P 500 Index 100.00 S&P 500 Index 100.00 Apr-2010 Aug-2014 S&P 500 Index 75.00 Russell 3000 Index 100.00 MSCI EAFE Index 25.00 Aug-2014 Russell 3000 Index 75.00 MSCI AC World ex USA 25.00 International Equity Policy Weight (%) Apr-2010 MSCI EAFE Index 100.00 Aug-2014 MSCI AC World ex USA 100.00 Page 53 Crestview Police Officers' and Firefighters' Retirement Plan Investment Policies Benchmark History As of June 30, 2026 Total Fixed Policy Total Infrastructure Policy Weight (%) Weight (%) Oct-1994 Jan-1926 Blmbg. U.S. Gov't/Credit 100.00 CPI + 3% 100.00 Apr-2007 Sep-2023 Bloomberg Intermed Aggregate Index 100.00 6% Annualized Return 100.00 Apr-2010 Blmbg. U.S. Aggregate Index 100.00 Aug-2014 Bloomberg Intermed Aggregate Index 83.00 Blmbg. Global Multiverse 17.00 Oct-2018 Bloomberg Intermed Aggregate Index 83.00 Blmbg. Global Multiverse 8.50 Morningstar LSTA US Leveraged Loan 8.50 Domestic Fixed Policy Non-Core Fixed Policy Weight (%) Weight (%) Oct-1994 Jan-1999 Blmbg. U.S. Gov't/Credit 100.00 Blmbg. Global Multiverse 100.00 Apr-2007 Oct-2018 Bloomberg Intermed Aggregate Index 100.00 Blmbg. Global Multiverse 50.00 Morningstar LSTA US Leveraged Loan 50.00 Apr-2010 Blmbg. U.S. Aggregate Index 100.00 Aug-2014 Bloomberg Intermed Aggregate Index 100.00 Page 54 Crestview Police Officers' and Firefighters' Pension Fund Compliance Checklist As of June 30, 2026 Total Fund Compliance: Yes No N/A 1. The Total Plan return equaled or exceeded the Net 7.0% actuarial earnings assumption over the trailing three year period.  2. The Total Plan return equaled or exceeded the Net 7.0% actuarial earnings assumption over the trailing five year period.  3. The Total Plan return equaled or exceeded the total plan benchmark over the trailing three year period.  4. The Total Plan return equaled or exceeded the total plan benchmark over the trailing five year period.  5. The Total Plan return ranked within the top 40th percentile of its peer group over the trailing three year period.  6. The Total Plan return ranked within the top 40th percentile of its peer group over the trailing five year period.  Equity Compliance: Yes No N/A 1. Total Domestic Equity return equaled or exceeded the benchmark over the trailing three year period.  2. Total Domestic Equity return equaled or exceeded the benchmark over the trailing five year period.  3. Total Domestic Equity return ranked within the top 40th percentile of its peer group over the trailing three year period.  4. Total Domestic Equity return ranked within the top 40th percentile of its peer group over the trailing five year period.  5. Total International Equity return equaled or exceeded the benchmark over the trailing three year period.  6. Total International Equity return equaled or exceeded the benchmark over the trailing five year period.  7. Total International Equity return ranked within the top 40th percentile of its peer group over the trailing three year period.  8. Total International Equity return ranked within the top 40th percentile of its peer group over the trailing five year period.  9. Total Equity investments was less than 75% of the total plan assets at market.  10. Total foreign equity was less than 25% of the total plan assets at market.  Fixed Income Compliance: Yes No N/A 1. Total Domestic Fixed Income return equaled or exceeded the benchmark over the trailing three year period.  2. Total Domestic Fixed Income return equaled or exceeded the benchmark over the trailing five year period.  3. Total Domestic Fixed Income return ranked within the top 40th percentile of its peer group over the trailing three year period.  4. Total Domestic Fixed Income return ranked within the top 40th percentile of its peer group over the trailing five year period.  5. Total Non-Core Fixed Income return equaled or exceeded the benchmark over the trailing three year period.  6. Total Non-Core Fixed Income return equaled or exceeded the benchmark over the trailing five year period.  7. Total Non-Core Fixed Income return ranked within the top 40th percentile of its peer group over the trailing three year period.  8. Total Non-Core Fixed Income return ranked within the top 40th percentile of its peer group over the trailing five year period.  9. All fixed income has a minimum rating of BBB/Baa, 5% may fall below.  Page 55 Crestview Police Officers' and Firefighters' Pension Fund Compliance Checklist As of June 30, 2026 Fidelity FXAIX Mass Mutual MSOOX Manager Compliance: Yes No N/A Yes No N/A 1. Manager outperformed the index over the trailing three year period.  2. Manager outperformed the index over the trailing five year period.  3. Manager ranked within the top 50th percentile over the trailing three year period.  4. Manager ranked within the top 50th percentile over the trailing five year period.  5. Manager has had less than 4 consecutive quarters of underperformance.  6. Manager three year down market capture ratio is less than the index.  7. Manager five year down market capture ratio is less than the index.  8. Manager reports compliance with PFIA.  DFA Intl Val DFIVX MFS Intl Gr MGRDX DFA Emerg DFCEX Agincourt Fixed Manager Compliance: Yes No N/A Yes No N/A Yes No N/A Yes No N/A 1. Manager outperformed the index over the trailing three year period.  2. Manager outperformed the index over the trailing five year period.  3. Manager ranked within the top 50th percentile over the trailing three year period.  4. Manager ranked within the top 50th percentile over the trailing five year period.  5. Manager has had less than 4 consecutive quarters of underperformance.  6. Manager three year down market capture ratio is less than the index.  7. Manager five year down market capture ratio is less than the index.  8. Manager reports compliance with PFIA.  PIMCO (PDIIX) Aristotle (PLFRX) Brookfield Intercontinental RE Manager Compliance: Yes No N/A Yes No N/A Yes No N/A Yes No N/A 1. Manager outperformed the index over the trailing three year period.   2. Manager outperformed the index over the trailing five year period.   3. Manager ranked within the top 50th percentile over the trailing three year period.   4. Manager ranked within the top 50th percentile over the trailing five year period.   5. Manager has had less than 4 consecutive quarters of underperformance.  6. Manager three year down market capture ratio is less than the index.   7. Manager five year down market capture ratio is less than the index.  8. Manager reports compliance with PFIA.   Page 56 Report Statistics Definitions and Descriptions Active Return - Arithmetic difference between the manager’s performance and the designated benchmark return over a specified time period. Alpha - A measure of the difference between a portfolio's actual performance and its expected return based on its level of risk as determined by beta. It determines the portfolio's non-systemic return, or its historical performance not explained by movements of the market. Beta - A measure of the sensitivity of a portfolio to the movements in the market. It is a measure of the portfolio's systematic risk. Consistency - The percentage of quarters that a product achieved a rate of return higher than that of its benchmark. Higher consistency indicates the manager has contributed more to the product’s performance. Distributed to Paid In (DPI) - The ratio of money distributed to Limited Partners by the fund, relative to contributions. It is calculated by dividing cumulative distributions by paid in capital. This multiple shows the investor how much money they got back. It is a good measure for evaluating a fund later in its life because there are more distributions to measure against. Down Market Capture - The ratio of average portfolio performance over the designated benchmark during periods of negative returns. A lower value indicates better product performance Downside Risk - A measure similar to standard deviation that utilizes only the negative movements of the return series. It is calculated by taking the standard deviation of the negative quarterly set of returns. A higher factor is indicative of a riskier product. Excess Return - Arithmetic difference between the manager’s performance and the risk-free return over a specified time period. Excess Risk - A measure of the standard deviation of a portfolio's performance relative to the risk free return. Information Ratio - This calculates the value-added contribution of the manager and is derived by dividing the active rate of return of the portfolio by the tracking error. The higher the Information Ratio, the more the manager has added value to the portfolio. Public Market Equivalent (PME) - Designs a set of analyses used in the Private Equity Industry to evaluate the performance of a Private Equity Fund against a public benchmark or index. R-Squared - The percentage of a portfolio's performance that can be explained by the behavior of the appropriate benchmark. A high R-Squared means the portfolio's performance has historically moved in the same direction as the appropriate benchmark. Return - Compounded rate of return for the period. Sharpe Ratio - Represents the excess rate of return over the risk free return divided by the standard deviation of the excess return. The result is an absolute rate of return per unit of risk. A higher value demonstrates better historical risk-adjusted performance. Standard Deviation - A statistical measure of the range of a portfolio's performance. It represents the variability of returns around the average return over a specified time period. Total Value to Paid In (TVPI) - The ratio of the current value of remaining investments within a fund, plus the total value of all distributions to date, relative to the total amount of capital paid into the fund to date. It is a good measure of performance before the end of a fund’s life Tracking Error - This is a measure of the standard deviation of a portfolio's returns in relation to the performance of its designated market benchmark. Treynor Ratio - Similar to Sharpe ratio but utilizes beta rather than excess risk as determined by standard deviation. It is calculated by taking the excess rate of return above the risk free rate divided by beta to derive the absolute rate of return per unit of risk. A higher value indicates a product has achieved better historical risk-adjusted performance. Up Market Capture - The ratio of average portfolio performance over the designated benchmark during periods of positive returns. A higher value indicates better product performance. Page 57 Disclosures Mariner Institutional compiled this report for the sole use of the client for which it was prepared. Mariner Institutional is responsible for evaluating the performance results of the Total Fund along with the investment advisors by comparing their performance with indices and other related peer universe data that is deemed appropriate. Mariner Institutional uses the results from this evaluation to make observations and recommendations to the client. Mariner Institutional uses time-weighted calculations which are founded on standards recommended by the CFA Institute. The calculations and values shown are based on information that is received from custodians. Mariner Institutional analyzes transactions as indicated on the custodian statements and reviews the custodial market values of the portfolio. As a result, this provides Mariner Institutional with a reasonable basis that the investment information presented is free from material misstatement. This methodology of evaluating and measuring performance provides Mariner Institutional with a practical foundation for our observations and recommendations. Nothing came to our attention that would cause Mariner Institutional to believe that the information presented is significantly misstated. This performance report is based on data obtained by the client’s custodian(s), investment fund administrator, or other sources believed to be reliable. While these sources are believed to be reliable, the data providers are responsible for the accuracy and completeness of their statements. Clients are encouraged to compare the records of their custodian(s) to ensure this report fairly and accurately reflects their various asset positions. The strategies listed may not be suitable for all investors. We believe the information provided here is reliable, but do not warrant or guarantee its accuracy or completeness. Past performance is not an indication of future performance. Any information contained in this report is for informational purposes only and should not be construed to be an offer to buy or sell any securities or any investment advisory services. Please note that Neuberger Berman (NB) owns a non-controlling minority stake in Mariner. Certain NB strategies may hold an allocation to the investment in Mariner. For specific impacted strategies, please reach out to your investment consultant or Mariner Institutional at institutionalcompliance@mariner.com Additional information included in this document may contain data provided by index databases, public economic sources, and the managers themselves. This document may contain data provided by Bloomberg. This document may contain data provided by Standard and Poor’s. Nothing contained within any document, advertisement or presentation from S&P Indices constitutes an offer of services in jurisdictions where S&P Indices does not have the necessary licenses. All information provided by S&P Indices is impersonal and is not tailored to the needs of any person, entity or group of persons. Any returns or performance provided within any document is provided for illustrative purposes only and does not demonstrate actual performance. Past performance is not a guarantee of future investment results. This document may contain data provided by MSCI, Inc. Copyright MSCI, 2017. Unpublished. All Rights Reserved. This information may only be used for your internal use, may not be reproduced or disseminated in any form and may not be used to create any financial instruments or products or any indices. This information is provided on an “as is” basis and the user of this information assumes the entire risk of any use it may make or permit to be made of this information. Neither MSCI, any of its affiliates or any other person involved in or related to compiling, computing or creating this information makes any express or implied warranties or representations with respect to such information or the results to be obtained by the use thereof, and MSCI, its affiliates and each such other person hereby expressly disclaim all warranties (including, without limitation, all warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any other person involved in or related to compiling, computing or creating this information have any liability for any direct, indirect, special, incidental, punitive, consequential or any other damages (including, without limitation, lost profits) even if notified of, or if it might otherwise have anticipated, the possibility of such damages. This document may contain data provided by Russell Investment Group. Russell Investment Group is the source owner of the data contained or reflected in this material and all trademarks and copyrights related thereto. The material may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited. This is a user presentation of the data. Russell Investment Group is not responsible for the formatting or configuration of this material or for any inaccuracy in presentation thereof. This document may contain data provided by Morningstar. All rights reserved. Use of this content requires expert knowledge. It is to be used by specialist institutions only. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied, adapted or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information, except where such damages or losses cannot be limited or excluded by law in your jurisdiction. Past financial performance is not guarantee of future results. *IMPORTANT DISCLOSURE INFORMATION RE COALITION GREENWICH BEST INVESTMENT CONSULTANT AWARD (formerly known as the Greenwich Quality Leader Award): The awards are not indicative of any future performance. The awards or any other rankings and/or recognition by unaffiliated rating services and/or publications should not be construed as a guarantee that a client will experience a certain level of results or satisfaction, nor should it be construed as a current or past endorsement by any of our clients. No fee was paid to participate in this award survey. The 2024-25 award was issued in February 2025, based on data from February to September of 2024. The 2023 award was issued in April 2024, based on data from Feb to November of 2023. The 2022 award was issued in April 2023, based on data from Feb to November of 2022. The 2021 award was issued in April of 2022, based on data from July to October 2021. Data was collected via interviews conducted by Coalition Greenwich. The 2024 and 2023 awards were issued to Mariner Institutional (formerly AndCo Consulting). The 2021 and 2022 awards were issued to AndCo, prior to becoming Mariner Institutional. The methodology: For the 2024-25 Coalition Greenwich Best Investment Consultant Award for Overall U.S. Investment Consulting – Midsize Consultants – Between February and September 2024, Crisil Coalition Greenwich conducted interviews with 699 individuals from 563 of the largest tax-exempt funds in the United States. For the 2023 Greenwich Best Investment Consultant Award for Overall U.S. Investment Consulting – Midsize Consultants – Between February and November 2023, Coalition Greenwich conducted interviews with 708 individuals from 575 of the largest tax-exempt funds in the United States. For the 2022 Greenwich Best Investment Consultant Award for Overall U.S. Investment Consulting – Midsize Consultants – Between February and November 2022, Coalition Greenwich conducted interviews with 727 individuals from 590 of the largest tax- exempt funds in the United States. For the 2021 Greenwich Best Investment Consultant Award – Overall U.S. Investment Consulting – Midsize Consultants – Between July and October 2021, Coalition Greenwich conducted interviews with 811 individuals from 661 of the largest tax-exempt funds in the United States. These U.S.-based institutional investors are corporate, public, union, and endowment and foundation funds with either pension or investment pool assets greater than $150 million. Study participants were asked to provide quantitative and qualitative evaluations of their asset management and investment consulting providers, including qualitative assessments of those firms soliciting their business and detailed information on important market trends. Page 58 Access is everything. 1 MEMORANDUM DATE: JULY 2026 TO: ALL SALEM TRUST CLIENTS FROM: KLAUSNER KAUFMAN JENSEN LEVINSON RE: READ ONLY ACCESS TO PORTFOLIO In connection with our ongoing efforts to monitor the portfolios of our clients, please provide authorization to Salem Trust for our office to obtain "read only" access to your account. Please place this memo on your next available agenda. Writer’s e-mail: yolanda@robertdklausner.com MEMORANDUM TO: City of Crestview Police and Firefighters’ Retirement Plan FROM: Yolanda Vega RE: Proposed 2027 Meeting Dates DATE: July 14, 2026 Listed below are the proposed 2027 meeting dates based on the previous year’s schedules. Should they meet with the Board’s approval, please let us know and we will put them on our calendar. Should there be any discrepancies with any of the dates and/or times, please do not hesitate to contact Yolanda at the office, via phone at 954-916-1202 or e-mail at Yolanda@robertdklausner.com, and we will do the best we can to comply with your requests. ALL MEETINGS WILL BE HELD AT 2:30 PM Tuesday, March 2 Tuesday, May 25 Tuesday, August 31 Tuesday, November 30 Thank you Labaton Keller Sucharow Credentials 2026 New York | Delaware | London | Washington, D.C. labaton.com Securities Litigation and Portfolio Monitoring for Institutional Investors Labaton Keller Sucharow LLP has been an advocate for institutional investor clients for more than 60 years. As a result of the significant victories the Firm has obtained for clients, Labaton has earned a reputation as one of the leading law firms for pension funds, Taft-Hartley funds, asset managers, and other large institutional investors across the world. About the Firm With offices strategically located in New York, Delaware, Why Choose London, and Washington, D.C., as well as affiliated Labaton Keller Sucharow offices around the world, Labaton Keller Sucharow provides clients with global protection against harm At Labaton Keller Sucharow, our goal is to from securities fraud and other forms of financial and develop long-term relationships. corporate governance malfeasance. We are equipped Quality communication and exceptional client to deliver results due to our robust infrastructure of service are central to Labaton's approach. We keep clients informed through proactive more than 90 full-time attorneys, an in-house communication, quarterly portfolio monitoring investigative team and financial data team, dynamic reports, timely updates on matters impacting professional staff, and innovative proprietary their investments, and ongoing investor technology resources. At every stage, from education through publications, webinars, and investigation to the litigation of claims, we work closely thought leadership. We are committed to delivering personalized service, thoughtful with our clients to provide the information and analysis guidance, and the highest level of client care, necessary to safeguard their investments effectively. serving as a trusted partner to our clients. The Firm stands out in the securities class Our attorneys are skilled in every stage of business action bar in that our monitoring, litigation and have challenged corporations from every investigation, and litigation services are all sector of the financial markets. More than half of the performed in-house. Firm’s partners have government enforcement and trial We are a recognized leader in the legal experience. In many instances, this broad experience community and are consistently rated as one with every stage of litigation is supplemented by of the top securities litigation and investor protection law firms in the United States. Our knowledge and expertise gained from prior professional “cutting edge work on behalf of plaintiffs” has experience. For example, many of the Firm’s partners earned us recognition as Securities Litigation have worked in government, including the Department Firm of the Year, Shareholder Rights Litigation of Justice, state attorney’s general offices, and state Firm of the Year, Class Action Law Firm of the criminal prosecutors’ offices. Year, Plaintiffs’ Firm of the Year, and Top Plaintiff Firm, among other accolades. Labaton Keller Sucharow LLP 1 Our Longstanding Relationship with Florida Labaton has longstanding relationships with pension funds across Florida, serving as trusted counsel in securities and shareholder litigation matters. The Firm represents more than 15 Florida public pension funds, including the following: Representative List of Florida Public Pension Fund Clients Daytona Beach Police & Fire Pension System North Miami Police Pension Plan City of Hialeah Employees' Retirement System The Miramar Police Officers’ Retirement Fund City of Orlando Pension Police & Firefighters City of Hollywood Police Officers' Retirement System Pension Fund Jupiter Police Pension Fund City of Plantation Police Officers Retirement System City of Riviera Beach General Employees’ City of Miami Beach Fire and Police Pension Fund Pension Fund City of Miami Fire Fighters' and Police Officers' City of Sunrise Police Retirement Fund Retirement Trust City Pension Fund for Firefighters and Police Officers i North Miami Employees Retirement System the City of Tampa Labaton has secured significant recoveries for Florida public pension fund clients in complex securities litigation and continues to represent Florida public pension funds in high-profile securities litigation and shareholder rights matters, including: In re Fiserv, Inc. Securities Litigation, No. 25-cv-06094 (S.D.N.Y.), representing City of Hollywood Police Officers' Retirement System and City of Miami Beach Fire and Police Pension Fund. In re General Motors Company Securities Litigation, No. 23-cv-13132 (E.D. Mich.) representing City of Hollywood Police Officers' Retirement System. City of Miami Beach Fire and Police Pension Fund v. JBS Wisconsin Properties, LLC, No. 2025- 0828 (Del. Ch.) representing City of Miami Beach Fire and Police Pension Fund. Prime v. Manhattan Associates, Inc. et al., No. 25-cv-00992 (N.D. Ga.) representing City of Orlando Pension Police & Firefighters Pension Fund. Labaton Keller Sucharow LLP 2 Radtke v. Regeneron Pharmaceuticals, Inc. et al., No. 25-cv-00145 (S.D.N.Y) representing City Pension Fund for Firefighters and Police Officers in the City of Tampa. Supporting the Florida Public Safety Community Labaton is committed to supporting the communities it serves and giving back through meaningful charitable initiatives. In honor of our late Chairman, Labaton established The Christopher J. Keller Memorial Foundation, Inc., a 501(c)(3) charitable organization. Among its many initiatives, the Foundation hosts an annual golf tournament that benefits Florida's public safety community. The 2026 tournament raised funds for The Hundred Club of Broward County and C.O.P.S. South Florida Chapter, organizations dedicated to providing financial support to the surviving families of law enforcement officers and firefighters who have lost their lives or been permanently disabled in the line of duty. Labaton Keller Sucharow LLP 3 Experience Working with Institutional Investors Our Firm provides global securities portfolio monitoring and advisory services to more than 350 institutional investors, including public pension funds, Taft-Hartley funds, asset managers, hedge funds, mutual funds, banks, sovereign wealth funds, and multi-employer plans—with collective assets under management (AUM) in excess of $6T. Global Non-U.S. Corporate U.S. Securities Governance & Portfolio Litigation Securities Shareholder Monitoring Litigation Rights Litigation Representative Client List U.S. State Funds Retirement Systems of Alabama New Hampshire Retirement System Public Employees Retirement Association of Arizona State Retirement System New Mexico Arkansas Public Employees Retirement System New Hampshire Retirement System New York State Common Retirement Arkansas Teacher Retirement System Fund Delaware Public Employees Retirement System North Carolina Retirement Systems State of Hawaii Employees Retirement Ohio Public Employees Retirement System System Oregon Public Employees Retirement Public Employee Retirement System of Idaho System Pennsylvania State Employees Illinois Municipal Retirement Fund Retirement System Illinois State Board of Investment Employees Retirement System of Rhode Island Indiana Public Retirement System Teachers Retirement System of Texas Maine Public Employees Retirement System Utah Retirement System Labaton Keller Sucharow LLP 4 U.S. State Funds State of Michigan Retirement Systems Vermont State & Municipal Employees and Teachers Retirement Systems Municipal Employees' Retirement System of Virginia Retirement Systems Michigan Public Employees' Retirement System of West Virginia Investment Management Mississippi Board Nebraska State Investment Council Wyoming State Treasurer’s’ Office U.S. County and Municipal Funds City of Austin Employees’ Retirement Ann Arbor Employees Retirement System System Boston Retirement System Cambridge Retirement System Policemen’s Annuity and Benefit Fund of Metropolitan Nashville Employee Benefit Chicago System Public School Teachers’ Pension and Retiremen New Orleans Employees’ Retirement System Fund of Chicago Dallas Police & Fire Pension System North Miami Employees’ Retirement System City of Dearborn General Employees’ Retiremen Oklahoma City Employee Retirement System System Denver Employees Retirement Plan Omaha City Civilian Employees Pension Plan Orange County Employees Retirement City of Detroit General Retirement System System El Paso Firemen & Policemen Pension Fund Phoenix Employees’ Retirement System City of Hialeah Employees' Retirement Sacramento Employees Retirement System System Houston Municipal Employees Pension San Antonio Fire & Police System San Francisco Employees Retirement Kansas City Employees’ Retirement System System Los Angeles County Employees’ Santa Barbara County Employees’ Retirement System Retirement System Macomb County Employees Retirement System Seattle City Employees’ Retirement System Labaton Keller Sucharow LLP 5 U.S. County and Municipal Funds City of Miami Fire Fighters’ and Police Officers’ Firemen’s Retirement System of St. Louis Retirement Trust Municipal Employees’ Retirement System of City Pension Fund for Firefighters and Police Michigan Officers in the City of Tampa Newport News Employees’ Retirement Fund Employees' Retirement System of Tulsa County U.S. Labor Funds California Ironworkers Field Pension Trust New England Teamsters & Truckers Industry Central Pennsylvania Teamsters Pension New York State Teamsters Conference Fund and Health & Welfare Fund Pension & Retirement Fund Carpenters Pension Trust Fund for Northern Central States Pension Fund California Chicago Laborers’ Pension Fund Ohio Carpenters’ Pension Plan Construction Laborers Pension Trust for Hawaii Laborers’ Annuity Fund Southern California IAM Motor City Machinists Pension and Carpenters Pension Fund of Illinois Health & Welfare Funds Iron Workers, District Council of New Indiana / Kentucky / Ohio Regional Council England Pension Fund of Carpenters Pension Fund International Painters and Tapers Allied Milwaukee Drivers Health & Welfare Trust Fund Trades Industry Pension Fund Local 282 Pension, Annuity, and Welfare Rhode Island Laborers’ Pension Fund Trust Funds Sheet Metal Workers Pension Plan of Massachusetts Laborers’ Pension Fund Northern California Michigan BAC Pension Fund Steamfitters Local #449 Benefit Funds National Elevator Industry Pension Plan Soft Drink Industry Pension Fund Greater Pennsylvania Carpenters’ Pension Fund West Virginia Laborers Trust Fund Teamsters Pension Trust Fund of Western Conference of Teamsters Pension Plan Philadelphia and Vicinity Western Pennsylvania Teamsters & Wisconsin Laborers’ Pension Fund Employers Pension Fund Labaton Keller Sucharow LLP 6 Institutional Investors as Leaders Since 1995, pension funds, asset managers, and other institutional investors have been taking leadership positions in securities cases filed in the U.S. pursuant to Congress’s overhaul of the securities laws through the Private Securities Litigation Reform Act (PSLRA). Securities fraud cases are filed against publicly traded companies who do not follow the securities laws—a company commits fraud that is revealed by a whistleblower, the CEO makes public statements inconsistent with what is internally transpiring at the company, or the company has to drastically restate its earnings. When this information becomes public, the stock price declines and a class period (the length of time between the bad act and public disclosure) is defined. Stock ownership during the class period qualifies an investor to participate in an action. Under prior law, the first person to file controlled a case. This led to abuse. Some law firms, for example, kept individuals on retainer who held small interests in most U.S. public companies to enable them to file in almost any securities matter and control the litigation. The 1995 overhaul was intended to prevent this “racing to the courthouse.” The PSLRA established a 60-day period for any individual or institution to seek leadership of the court case. Congress indicated that the Court should appoint the individual or institution with the greatest financial interest (the biggest loss) in the case and their selected counsel, thereby encouraging sophisticated pension funds to step forward to help the SEC and the DOJ “police” the markets and exercise greater control over law firms and the direction of litigation. The Impact of Serving as Lead Plaintiff Institutional investors play a vital role in protecting market integrity and ensuring fairness for all shareholders. Their involvement in U.S. securities litigation has a measurable impact: Cases led by institutional investors resulted in significantly higher settlement amounts, underscoring the financial impact of their engagement. Institutional leadership correlates with a lower likelihood of case dismissal, demonstrating the credibility and strategic advantages that institutional plaintiffs bring to litigation. Labaton Keller Sucharow LLP 7 Research shows that when institutional investors do not take the lead, cases are more likely to be dismissed or settle for less—reducing both accountability and recovery for harmed shareholders. Conversely, active participation by institutions often strengthens cases and can even advance broader reforms. In addition to monetary recovery, institutional investors frequently pursue corporate governance improvements, aligning litigation strategies with long-term fiduciary and policy goals. Their continued engagement reinforces market discipline and promotes better practices among public companies. As the landscape of shareholder litigation evolves, institutional investors remain central to advancing accountability, driving reforms, and securing meaningful recoveries. Labaton Keller Sucharow LLP 8 Benefits of Retaining Multiple Portfolio Monitoring Firms Fulfilling Fiduciary Responsibility Portfolio monitoring is an essential tool for institutional investors seeking to protect the value of their publicly traded investments and uphold strong corporate governance. By identifying opportunities to recover losses, address corporate misconduct, and pursue shareholder rights, portfolio monitoring helps investors fulfill their fiduciary obligations. Portfolio monitoring is provided at no cost to investors. A law firm is only compensated if an investor chooses to retain the firm to litigate a specific matter and the litigation results in a successful recovery. All attorneys' fees are also subject to court approval. Broader Coverage. Independent Perspectives. Better Outcomes. No two law firms evaluate opportunities the same way. Different firms may identify different recovery opportunities, assess the merits of a case differently, or bring specialized experience in securities litigation, Delaware corporate governance, or international shareholder claims. Retaining multiple portfolio monitoring firms provides investors with broader coverage, independent legal perspectives, complementary expertise, and uninterrupted service when conflicts of interest arise—without increasing legal costs. The result is stronger decision-making and greater confidence that significant opportunities will not be overlooked. A Governance Best Practice For many pension funds, asset managers, and other institutional investors, retaining multiple portfolio monitoring firms has become the “gold standard.” Engaging multiple firms encourages independent analysis, minimizes gaps in coverage, and reinforces the freedom to select the firm best suited for each matter. This collaborative approach helps investors strengthen oversight, improve outcomes, and demonstrate a commitment to protecting the interests of their beneficiaries and stakeholders. Strengthening Portfolio Monitoring Retaining multiple portfolio monitoring firms is most effective when each firm brings distinct strengths to the relationship. Labaton delivers capabilities that few firms can match: a leading securities litigation practice, deep Delaware corporate governance expertise, comprehensive monitoring of shareholder actions worldwide, and decades of experience representing institutional investors. These capabilities make Labaton more than another monitoring firm—they make Labaton a strategic partner in helping institutional investors maximize portfolio oversight and fulfill their fiduciary responsibilities. Labaton Keller Sucharow LLP 9 Comprehensive Portfolio Monitoring and Case Evaluation In a rapidly changing economic environment, pension funds, asset managers, and other institutional investors are challenged to deliver excellent returns, safeguard their assets, and assure that their investments align with their organization’s objectives, which involves significant time, expert analysis, and targeted technology. For most institutional investors, this requires a partner—a teammate who can insulate a portfolio from harm so the investor can focus on the fulfillment of critical fiduciary duties. This is where Labaton can assist. Our in-house portfolio monitoring and case evaluation program identifies areas where funds may recover financial losses or seek to address corporate governance issues, and tracks trends that are of potential concern to funds and their fiduciaries. We recommend the options at hand—whether it be to participate as a passive class member, seek a Lead Plaintiff role, actively litigate, or more. We provide realistic scenarios for financial recovery tailored to each client’s needs that allow clients to focus on their daily responsibilities without fear of missing critical developments. Labaton also monitors for corporate transactions (such as mergers) that are against shareholders' interests, instances where company leadership engages in business practices that violate their duty to act with care and loyalty and conduct by corporate directors that are not in shareholders’ best interests, including excessive executive compensation, self-dealing transactions, sweetheart deals, and improper use of corporate jets. Cutting-Edge Technology Labaton leverages its proprietary technology to help institutional investors identify potential recoveries and stay informed throughout the litigation process. The Firm's secure portfolio monitoring platform, PAIGE (Portfolio Analytics & Intelligence Generation Engine), enables our in-house Financial Data Analysis Team to analyze client holdings, identify potential losses associated with alleged securities law violations, and monitor opportunities to pursue recoveries. To enhance transparency and client service, the Firm developed Client Connect, a secure online portal providing institutional investors with real-time access to portfolio monitoring reports, loss analyses, settlement information, case updates, research reports, historical reporting, and important litigation and claims deadlines—all in one centralized platform. Labaton Keller Sucharow LLP 10 Premier U.S. Securities Litigation Practice Since the passage of the PSLRA, the Firm has recovered Precedent-setting practice known to the more than $30B in the aggregate for injured investors courts for the excellence of its through securities class actions prosecuted throughout representation. the United States and against numerous public corporations and other corporate wrongdoers. • ISS Top 10 law firm for securities settlements by dollar amount and In serving as lead or co-lead counsel in securities number of settlements. litigation cases, the Firm draws upon its significant • Overcoming motions to dismiss at a internal resources which enable Labaton to assist rate of 30% higher than our institutional investors through the full life cycle of competitors. securities litigation, covering initiation of a complaint • Lead or co-lead counsel in more than through trial and appeal, using innovative legal theories 300 U.S. federal securities class and federal, state, and common law claims. While we actions. are ferocious in our advocacy, we strictly enforce a culture of mutual respect within the legal profession. In Labaton is consistently ranked as a leading law firm by Chambers & Partners USA and The our decades of experience, we know that it takes more Legal 500. Benchmark Litigation named than one attorney or one firm to combat fraud. That is Labaton 2026 “Plaintiffs’ Firm of the Year.” why our litigation groups are strengthened by an in- Law360 has repeatedly named the Firm house team of investigators, financial analysts, and “Securities Group of the Year.” In addition, The accountants, and our attorneys are active members of National Law Journal’s Elite Trial Lawyers has bar associations and investor protection organizations. named the Firm “Law Firm of the Year” for Securities and Shareholder Rights Litigation on The Firm’s success is reflected in the results Labaton multiple occasions. achieves for its clients. In one of the most complex and challenging securities cases in history, the Firm secured more than $1B in recoveries against AIG. Additional notable recoveries include against HealthSouth ($671M), Schering-Plough ($473M), Waste Management ($457M + reforms), Bear Stearns ($294.9M), Estée Lauder ($210M, pending final approval), FIS ($210M), Uber ($200M), SCANA ($192.5M), Alexion Pharmaceuticals ($125M), PG&E ($100M, pending final approval), Allstate ($90M), Catalent ($78M), and Nielsen ($73M), among others. Labaton is currently prosecuting more than 80 matters as lead/co-lead counsel, including high-profile cases against Boeing, Nike, Merck, General Motors, Regeneron, Lockheed Martin, ON24, and Charter Communications, among others. Labaton Keller Sucharow LLP 11 Excellence in Corporate Premier practice achieving unprecedented success in the last Governance and Shareholder two years. • Achieved largest shareholder Rights Litigation settlement in the Delaware Court of Chancery, largest settlement in any Labaton is at the forefront of pursuing M&A, derivative, and state court, and 17th largest other shareholder actions. The Firm has achieved lasting shareholder settlement of all time corporate governance reforms and monetary settlements for in federal or state court. shareholders—a rarity in this type of litigation. Our experience • Successfully defeated 17 motions to in shareholder advocacy is demonstrated by the range of claims dismiss, achieving an unmatched we have litigated. From challenging tainted multibillion dollar 78% success rate in passing motion transactions to opposing shareholder-unfriendly bylaws used as to dismiss. an emerging tactic to limit shareholder rights, we are renowned • Three cases brought to trial and as a litigation powerhouse and staunch advocate for investors. two cases settled right before trial in the last two years. As one of the top-tier plaintiffs’ firms with a presence in Wilmington, Delaware, the nation’s principal forum for • Three dismissals by the Delaware corporate law, our boots-on-the-ground approach is invaluable Court of Chancery overturned in to achieving our clients’ goals of real corporate reform. By utilizing the power of Delaware law, which empowers shareholders to issue a books and records demand to a corporation for the purpose of investigating suspected claims, our attorneys are able to navigate through comprehensive inquiries and strategically obtain crucial documentation, all while ensuring a swift and efficient process for our clients. This streamlined process eliminates the need for extensive client time commitments or court filings. Delaware's legal framework mandates corporations to furnish their books and records to shareholders with legitimate purposes, including investigations into potential wrongdoing. The Firm will engage with the target corporation to acquire a central set of documents emphasizing board materials and pertinent correspondence. In cases where these documents reveal misconduct or inadequate oversight, Labaton will lead negotiations aimed at instituting impactful corporate governance reforms. This strategic approach underscores our commitment to accountability and the proactive enhancement of corporate practices. The Firm recently secured noteworthy results for shareholders in the Delaware Court of Chancery involving Dell ($1B cash—the largest recovery in the history of the Delaware Court of Chancery and the largest settlement ever achieved in a U.S. state court), Warner Bros. Discovery ($125M), Walmart ($123M + reforms), Pattern Energy Group ($100M—the largest settlement of Revlon claims in the Court of Chancery’s history), and Guess ($30M + reforms), among others. Labaton Keller Sucharow LLP 12 Pioneering Non-U.S. Securities Litigation Practice In light of the global exposure of our clients’ portfolios and the U.S. Supreme Court’s limitation on class actions predicated on investment losses incurred outside of the U.S., Labaton launched one of the first non-U.S. securities litigation practices in the United States and has achieved a level of specialization unmatched by our peers. The Firm’s Non-U.S. Securities Litigation Practice identifies, analyzes, and tracks all non-U.S. shareholder actions, including those not publicly reported, where a formal legal framework exists to recover damages incurred by investors due to corporate fraud. Careful tracking of these actions is important for institutional investors, as many non-U.S. jurisdictions require investors to opt in to participate in such actions; passive participation is often not an option. The Practice, composed of a group of seasoned litigators, is dedicated to analyzing potential securities actions in international jurisdictions and offering legal advice on the risks and benefits of joining them. The team draws on our extensive in-house resources to monitor for potential claims and works with non-U.S. counsel with whom we have longstanding relationships to evaluate the merits of potential non-U.S. actions. We conduct an in-depth analysis of each case, including examination of jurisdictional issues, review of the merits, and consideration of the potential risks and benefits of participating in any non-U.S. action. When appropriate, we also act as liaison counsel for our clients and directly manage their participations in non-U.S. actions by overseeing the litigation of attorneys in foreign jurisdictions. Unlike most other firms, Labaton does not charge or accept referral payments or remuneration of any kind from non-U.S. funders, counsel, or any other source. This approach enables the Firm to provide objective, unbiased analysis and recommendations, and assures clients that their best interests are the Firm’s sole focus. Our attorneys have more than three decades of experience working with institutional investor clients on non-U.S. actions through an international network of law firms. Labaton serves, or has served, as liaison counsel to dozens of distinct clients in more than 90 non-U.S. cases. We are actively involved in overseeing these matters, including consulting with local counsel on litigation strategy. Our analysis of international cases is sharpened by our decades-long relationships with leading law firms and litigation funders in key jurisdictions, including Australia, Canada, Eastern Asia, Latin America, and Western Europe. These strong connections with international practitioners provide knowledge of country-specific litigation and settlement practices, court personnel, and substantive law that complement our vast experience. Labaton Keller Sucharow LLP 13 Quality Communications with Clients Labaton believes that effective communication is fundamental to building and sustaining strong relationships with clients and ensuring successful representation. The Firm’s approach is centered on accessibility, transparency, responsiveness, and proactive reporting. Labaton’s communication philosophy is proactive rather than reactive. The Firm routinely provides regular status updates regarding significant developments, litigation milestones, strategic considerations, settlement discussions, discovery progress, and anticipated next steps. The Firm also believes it is critical to communicate potential risks, challenges, or adverse developments as early as possible so that clients remain fully informed and can participate meaningfully in strategic decision- making. Where appropriate, the Firm provides concise written reports, memoranda, and recommendations summarizing key legal issues, options, and proposed courses of action. These communications are complemented by a suite of in-depth analytical reports that help clients evaluate litigation opportunities, assess risk, and make informed strategic decisions. Case Analysis & Reporting Labaton's multidisciplinary Case Evaluation Group combines experienced litigators and financial analysts to deliver timely, actionable intelligence throughout every stage of a matter. Securities Litigation Report Our Quarterly Securities Litigation Report provides clients with a comprehensive summary of securities fraud actions affecting their U.S. and non-U.S. holdings. The report includes estimated losses, an overview of the allegations, litigation status, key deadlines, and client-specific exposure analyses, giving institutional investors a consolidated view of matters requiring attention. Case-Specific Reports Clients receive a suite of customized reports and alerts designed to deliver actionable intelligence throughout the life cycle of a matter: Investigation Alerts: Early notification of potential securities fraud exposure before litigation is filed. Case Alerts: Analysis of newly filed securities and governance actions, including exposure assessments and recommended next steps. Labaton Keller Sucharow LLP 14 Case Evaluation Reports: Comprehensive legal and financial analysis supporting Lead Plaintiff considerations, corporate governance opportunities, and litigation strategies. Non-U.S. Case Reports: Jurisdiction-specific analysis of shareholder actions outside the U.S, including participation recommendations and procedural considerations. Each report is designed to provide institutional investors with the information necessary to make informed decisions while minimizing the administrative burden on internal investment staff. Thought Leadership & Investor Education As a recognized thought leader in shareholder rights and institutional investor advocacy, Labaton helps clients navigate today's increasingly complex legal, regulatory, and financial landscape. The Firm regularly publishes timely articles, Investor Alerts, in-depth reports, and hosts webinars examining emerging issues such as SEC regulatory developments, private credit, litigation trends, corporate governance, and other developments affecting institutional investors. Signature publications include Investor Alerts on significant legal and regulatory developments, The Liaison, our biannual publication covering international shareholder litigation, and The Impactful Investor, our biannual publication highlighting corporate governance trends and litigation outcomes. Together, these resources equip trustees, investment professionals, and fiduciaries with the insights needed to anticipate emerging risks, identify opportunities, and make informed decisions in support of their long-term investment and governance objectives. Developments in Delaware Law Among the many topics covered through Labaton's thought leadership, developments in Delaware corporate law remain particularly important to institutional investors. The Firm closely monitored the development and enactment of Senate Bill 21—which substantially amended the Delaware General Corporation Law and reshaped the framework governing conflicted transactions and stockholder rights—to keep clients abreast of what these significant changes mean for shareholder rights, corporate governance, and investment stewardship. To help clients understand the practical implications, Labaton published the Investor Alert, “Delaware Enacts SB 21: A New Framework for Managing Conflicted Transactions and Stockholder Rights,” which provides institutional investors with a practical analysis of the legislation and its implications for shareholder rights, corporate governance, and fiduciary oversight. Labaton Keller Sucharow LLP 15 Professional Profiles Labaton Keller Sucharow LLP 16 140 Broadway New York, NY 10005 +1 212.907.0873 Guillaume Buell gbuell@labaton.com Partner Practice Areas: Securities Litigation Guillaume Buell is a Partner in the New York and Non-U.S. Securities Litigation London offices at Labaton Keller Sucharow LLP. He Corporate Governance and is an experienced and trusted advisor to a wide Shareholder Rights Litigation range of institutional investors in the United States, the United Kingdom, Canada, and Europe regarding Bar Admissions: global securities litigation, corporate governance New York matters, and shareholder rights. His clients include a wide range of pension funds, asset managers, Massachusetts insurance companies, and other sophisticated Texas investors. As part of the Firm’s Non-U.S. Securities Supreme Court of the United Litigation Practice, which is one of the first of its States kind, Guillaume serves as liaison counsel to institutional investors in select overseas matters. He also advises clients on complex consumer matters. Guillaume’s achievements have earned him recognition as a “Future Star” and among the top “40 & Under” litigators by Benchmark Litigation. In addition, Lawdragon, named him a “Next Generation Lawyer” and among the “500 Global Plaintiff Lawyers.” Guillaume has played an important role in cases against CVS Caremark, Uniti Group, Nu Skin Enterprises, Conduent, Stamps.com, Genworth Financial, Rent-A-Center, and Castlight Health, among others. Prior to joining the Firm, Guillaume was an attorney at a prominent defense firm in New York and a boutique litigation firm in Houston, where he provided legal counsel to a wide range of Fortune 500 and other corporate clients in the aviation, construction, energy, financial, consumer, pharmaceutical, and insurance sectors in state and federal litigations, government investigations, and internal investigations. While in law school, Guillaume was a Judicial Intern with the Honorable Loretta A. Preska, United States District Court for the Southern District of New York, and an Intern with the Government Bureau of the Attorney General of Massachusetts. Labaton Keller Sucharow LLP 17 Guillaume is an active member of the National Association of Public Pension Attorneys (NAPPA), where he serves as an appointed member of its Securities Litigation Committee, Fiduciary & Governance Committee, and the New Member Education Committee. In addition, he is actively involved with the International Foundation of Employee Benefit Plans (IFEBP), the National Conference on Public Employee Retirement Systems (NCPERS), the Florida Public Pension Trustees Association (FPPTA), the Michigan Association of Public Employee Retirement Systems (MAPERS), the Association of Canadian Pension Management (ACPM), and the Canadian Pension & Benefits Institute (CPBI). Guillaume received his Juris Doctor from Boston College Law School, where he was the recipient of the Boston College Law School award for outstanding contributions to the law school community. He was also a member of the National Environmental Law Moot Court Team, which advanced to the national quarterfinals and received recognition for best oralists. He received his Bachelor of Arts, cum laude with departmental honors, from Brandeis University. Guillaume is fluent in French and conversant in German. He is an Eagle Scout and actively involved in his hometown's local civic organizations. Labaton Keller Sucharow LLP 18 CITY OF CRESTVIEW POLICE OFFICERS' & FIREFIGHTERS' RETIREMENT PLAN SCHEDULE OF EXPENDITURES BUDGET TO ACTUAL AS OF JUNE 30, 2026 Expenditure Type Actual Expenses as of 06/30/2026 2026-2027 Proposed Budget Amount Actuary $55,235.00 $55,000.00 Administrator $38,555.55 $85,000.00 Attorney $18,098.57 $25,000.00 IME Physician Fees $4,833.24 $10,000.00 Custodian of Funds $7,390.34 $22,000.00 Insurance/CSP $4,617.72 $20,000.00 School, Travel and Dues $750.00 $10,000.00 Investment Consultant $12,989.18 $29,000.00 Miscellaneous $0.00 $5,000.00 Totals $142,469.60 $261,000.00 SUMMARY OF PAYMENTS City of Crestview Police Officers' and Firefighters' Retirement Plan June 03, 2026 - September 01, 2026 INVOICES WARRANT SENT FOR FOR PERIOD DESCRIPTION TOTAL DUE # PAYMENT Foster & Foster, invoice #42042, actuarial 49 6/17/2026 since last invoice services $24,861.00 Foster & Foster, invoice #42089, plan 49 6/17/2026 May 2026 administration $5,193.95 Klausner, Kaufman, Jensen & Levinson, invoice 49 6/17/2026 May 2026 #40790, legal services $1,285.00 50 8/25/2026 April 1 - June 30, 2026 Mariner, invoice #82016, investment consulting $6,494.59 Klausner, Kaufman, Jensen & Levinson, invoice 50 8/25/2026 June 2026 #41029, legal services $1,812.58 Foster & Foster, invoice #42750, plan 50 8/25/2026 June 2026 administration $5,228.86 50 8/25/2026 April 1 - June 30, 2026 Salem Trust, 2nd quarter fees, custodial services $4,000.70 Agincourt Capital management, invoice #24859, 50 8/25/2026 April 1 - June 30, 2026 investment management $4,749.42 Foster & Foster, invoice #43092, plan 50 8/25/2026 July 29, 2026 administration $8,100.00 Klausner, Kaufman, Jensen & Levinson, invoice 50 8/25/2026 July 2026 #41249, legal services $365.00 Foster & Foster, invoice #43270, plan 50 8/25/2026 July 2026 administration $4,707.08 Total Invoices $66,798.18 CHECK REQUESTS Total Checks $0.00 **Highlighted items are pending approval and have not yet been paid** FOR RATIFICATION: WARRANT 49, INVOICES Invoice Date Invoice # 6/1/2026 42042 Bill To City of Crestview Police Officers' Phone: (239) 433-5500 & Firefighters' Retirement Plan Fax: (239) 481-0634 c/o Foster & Foster, Inc. Email: AR@foster-foster.com 2503 Del Prado Blvd., Suite 502 Website: www.foster-foster.com Cape Coral, FL 33904 Federal EIN: 59-1921114 City of Crestview Police Officers' and Firefighters' Retirement Plan Terms Due Date Net 30 7/1/2026 Description Amount Preparation of the October 1, 2025 Actuarial Valuation and Report (non-standard) 16,746.00 Electronic filing of 10/1/2025 actuarial valuation report to the Division of Retirement 328.00 Preparation of GASB 67 Statement with measurement date of 09/30/2025 1,744.00 Preparation of GASB 68 Statement with measurement date of 09/30/2025 2,725.00 Benefit Calculations: STEINMEIER, Frederick (IN-LINE-OF-DUTY DISABILITY) 328.00 Refund Calculations: ADAMS, Talor; PUDIVITR, Anthony 274.00 Prepare and provide set of personal statements as of 9/30/2025 for 97 members 2,716.00 Please note that in accordance with our contract, effective October 1, 2025, our fees have increased by 2.7%, based on the Consumer Price Index for All Urban Consumers (CPI-U) percent change for the preceding 12-month period ending June 30, 2025. Specifically, our buyback and benefit calculation fees have increased to $328, should the Members request one of these calculations from the Administrator. Thank you for your business! Most preferred method of payment is an ACH deposit. Balance Due $24,861.00 Please reference Plan name & Invoice # above: • Account Title: Foster & Foster, Inc. • Account Number: 6100000360 • Routing Number: 063114661 • Bank Name: Cogent Bank For payment via a mailed check, please remit to: Foster & Foster, Inc. 13420 Parker Commons Blvd, Ste104. Fort Myers, FL 33912 Invoice Date Invoice # Plan Administration Division 6/2/2026 42089 Phone: (239) 333-4872 Fax: (239) 481-0634 billing@foster-foster.com www.foster-foster.com Federal EIN: 59-1921114 Bill To City of Crestview Police Officers' & Firefighters' Retirement Plan c/o Foster & Foster, Inc. 2503 Del Prado Blvd., Suite 502 Terms Due Date Cape Coral, FL 33904 Net 30 7/2/2026 Description Amount Plan Administration services for the month of May 2026. 4,707.08 Attendance at March 3, 2026 Board meeting (out-of-pocket expenses shared with Milton Fire, Milton 454.11 Police, Destin Fire, Crestview General, East Niceville Fire, Fort Walton Beach Fire, Fort Walton Beach Police, and Holley-Navarre Fire Pension Boards). Sent overpayment check to Salem for Deposit via FedEx. 32.76 Thank you for your business! Most preferred method of payment is a bank transfer. Please reference Plan name & Invoice # above: Balance Due $5,193.95 • Account Title: Foster & Foster, Inc. • Account Number: 6100000360 • Routing Number: 063114661 • Bank Name: Cogent Bank For payment via a mailed check, please remit to: Foster & Foster, Inc. 13420 Parker Commons Blvd, Ste 104, Fort Myers, FL 33912 FOR RATIFICATION: WARRANT 50, INVOICES Mariner 531 W Morse Blvd Ste 200 Winter Park, FL 32789 +18444426326 institutionalAR@mariner.com INVOICE BILL TO INVOICE 82016 Crestview Police & Firefighters DATE 06/30/2026 ACCOUNT SUMMARY 03/31/2026 Balance Forward 6,494.59 Other payments and credits after 03/31/2026 through 06/29/2026 -6,494.59 06/30/2026 Other invoices from this date 0.00 New charges (details below) 6,494.59 Total Amount Due 6,494.59 DESCRIPTION AMOUNT Consulting Services and Performance Evaluation, Billed Quarterly (April, 2026) 2,164.86 Consulting Services and Performance Evaluation, Billed Quarterly (May, 2026) 2,164.86 Consulting Services and Performance Evaluation, Billed Quarterly (June, 2026) 2,164.87 ----------------------------------------------------------------- It is our honor and privilege to provide excellent service. If this TOTAL OF NEW CHARGES 6,494.59 is not your experience, please contact us immediately. BALANCE DUE $6,494.59 Our mission is to positively impact the lives of many. If this is not your experience, please contact us immediately. Page 1 of 1 Invoice Date Invoice # Plan Administration Division 7/15/2026 42750 Phone: (239) 333-4872 Fax: (239) 481-0634 billing@foster-foster.com www.foster-foster.com Federal EIN: 59-1921114 Bill To City of Crestview Police Officers' & Firefighters' Retirement Plan c/o Foster & Foster, Inc. 2503 Del Prado Blvd., Suite 502 Terms Due Date Cape Coral, FL 33904 Net 30 8/14/2026 Description Amount Plan Administration services for the month of June 2026. 4,707.08 Attendance at June 2, 2026 Board meeting (out-of-pocket expenses shared with Milton 521.78 Fire, Milton Police, Destin Fire, Crestview General, East Niceville Fire, Fort Walton Beach Fire, Fort Walton Beach Police, and Holley-Navarre Fire Pension Boards). Thank you for your business! Most preferred method of payment is a bank transfer. Please reference Plan name & Invoice # above: Balance Due $5,228.86 • Account Title: Foster & Foster, Inc. • Account Number: 6100000360 • Routing Number: 063114661 • Bank Name: Cogent Bank For payment via a mailed check, please remit to: Foster & Foster, Inc. 13420 Parker Commons Blvd, Ste 104, Fort Myers, FL 33912 July 10, 2026 Fee A/C# M21337 Foster & Foster Crestview P&F 2503 Del Prado Blvd S Suite 502 Cape Coral, Fl 33904 billing@foster-foster.com Fee Invoice for Period April 1, 2026 to June 30, 2026 Total Market Value for Fund: $35,561,741.07 Detail of Calculation: Market Value Basis Point Rate Annual Fee Quarterly Fee $35,561,741.07 0.00045 $16,002.78 $4,000.70 TOTAL $4,000.70 Please return a copy of your invoice with your remittance. Fees not paid within 30 days will be charged to your account. If you have any questions, please contact Debbie Kocsis at 813-301-1603.  1715 N. WESTSHORE BLVD., SUITE 750    TAMPA, FL  33607    TEL (877) 382‐5268    FAX (813) 301‐1295 www.salemtrust.com 7/22/2026 INVOICE #24859 INVOICE FOR PAYMENT Foster & Foster Plan Administrator Foster & Foster 2503 Del Prado Blvd. S. Suite 502 Cape Coral, FL 33904 Crestview Police and Fire Retirement Plan Per Our Investment Management Agreement, the fees to Agincourt Capital Management in payment for investment services rendered from 4/1/2026 - 6/30/2026 MONTHLY MARKET VALUE CVP - Crestview Police and Fire Retirement Plan \ 0740007935 6/30/2026 $7,599,073.19 $7,599,073.19 x 0.2500 % = $18,997.68 Total Annual Fee $18,997.68 Total Quarterly Fee Due $4,749.42 Please make payment to Agincourt Capital Management, within 30 days: If by ACH Truist 919 East Main Street, Richmond, VA 23219 ABA# 021052053 | Account# 72169911 | FBO: Agincourt Capital Management If by Wire Previous wire instructions are valid. Please send wire to account ending with #1778. If you need instructions, please call 804-915-1308. If by Check Agincourt Capital Management, LLC ATTN: Elsie Rose 200 South 10th Street, Suite 800 Richmond, VA 23219 Agincourt's Federal Tax ID: 54-1947440 Please let us know if you would like a copy of our latest SEC Form ADV Part 2, our Code of Ethics or our Privacy Statement. 200 SOUTH 10TH STREET, SUITE 800, RICHMOND, VA 23219 T 804.648.1111 F 804.864.2611 Invoice Date Invoice # 7/29/2026 43092 Bill To City of Crestview Police Officers' Phone: (239) 433-5500 & Firefighters' Retirement Plan Fax: (239) 481-0634 c/o Foster & Foster, Inc. Email: AR@foster-foster.com 2503 Del Prado Blvd., Suite 502 Website: www.foster-foster.com Cape Coral, FL 33904 Federal EIN: 59-1921114 City of Crestview Police Officers' and Firefighters' Retirement Plan Terms Due Date Net 30 8/28/2026 Description Amount Online administration portal implementation fee (Crestview General, Police and Firefighters' Employees' Retirement Plan reduction 10%) 8,100.00 Thank you for your business! Most preferred method of payment is an ACH deposit. Balance Due $8,100.00 Please reference Plan name & Invoice # above: • Account Title: Foster & Foster, Inc. • Account Number: 6100000360 • Routing Number: 063114661 • Bank Name: Cogent Bank For payment via a mailed check, please remit to: Foster & Foster, Inc. 13420 Parker Commons Blvd, Ste104. Fort Myers, FL 33912 Invoice Date Invoice # Plan Administration Division 8/6/2026 43270 Phone: (239) 333-4872 Fax: (239) 481-0634 billing@foster-foster.com www.foster-foster.com Federal EIN: 59-1921114 Bill To City of Crestview Police Officers' & Firefighters' Retirement Plan c/o Foster & Foster, Inc. 2503 Del Prado Blvd., Suite 502 Terms Due Date Cape Coral, FL 33904 Net 30 9/5/2026 Description Amount Plan Administration services for the month of July 2026. 4,707.08 Thank you for your business! Most preferred method of payment is a bank transfer. Please reference Plan name & Invoice # above: Balance Due $4,707.08 • Account Title: Foster & Foster, Inc. • Account Number: 6100000360 • Routing Number: 063114661 • Bank Name: Cogent Bank For payment via a mailed check, please remit to: Foster & Foster, Inc. 13420 Parker Commons Blvd, Ste 104, Fort Myers, FL 33912 FUND ACTIVITY REPORT City of Crestview Municipal Police & Fire Employees' Retirement Trust Fund May 27, 2026 through August 25, 2026 Retirees Term Date Monthly Benefit Option Selection PLOP Sent to Custodian None this period DROP Entries Entry Date Monthly Benefit Option Selection None this period DROP Exits Term Date Monthly Benefit Account Balance Sent to Custodian None this period Share Plan Distriutions Term Date Balance Date Amount Type Sent to Custodian None this period Refunded Contributions Term Date Refund Amount Sent to Custodian Kimberley Mercier 6/29/2026 $1,687.54 7/16/2026 Purchase of Service Credit Amount Due Rollover Contributions Sent to Custodian None this period Deceased Members/Beneficiaries Benefit Amount Date of Death Option Selected Sent to Custodian None this period Beneficiary Payments Benefit Amount Type Sent to Custodian None this period Page 1