PUBLIC NOTICE - - - THE FINANCE AUTHORITY OF NEW ORLEANS NOTICE OF INTENTION TO ISSUE NOT EXCEEDING $200,000,000 LEASE REVENUE BONDS AND NOTICE OF PUBLIC HEARING The Board of Trustees (the "Board of Trustees") of The Finance Authority of New Orleans (the "Authority"), a public trust and public corporation duly created by a Trust Indenture dated October 11, 1978, as amended, pursuant to the provisions of Chapter 2-A of Title 9 of the Louisiana Revised Statutes of 1950, as amended (La. R.S. 9:2341-9:2347, inclusive) (the "Act") for the benefit of the City of New Orleans, Louisiana (the "City"), does hereby give notice of its intention to issue an amount not to exceed Two Hundred Million Dollars ($200,000,000) of its Lease Revenue Bonds (1440 Canal Street Project) in one or more series, each on a taxable or tax-exempt basis (the "Bonds"). The Bonds shall be issued under the Act and shall be authorized pursuant to the provisions of an Indenture of Trust (the "Indenture"), for the purpose of financing a loan to Pan-American Financial Assistance Foundation Inc., a Delaware nonprofit corporation and a tax-exempt charitable organization recognized under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, to (i) finance the cost of the acquisition of an office building located at 1440 Canal Street in the City (the "Project"); (ii) fund one or more reserve funds, if necessary; and (iii) pay costs of issuance of the Bonds. The Foundation will own the Project and intends to lease the Project to The Administrators of the Tulane Educational Fund. The Bonds shall bear such date or dates, mature at such time or times (not exceeding forty (40) years from their date of issuance), bear interest at such rate or rates (not to exceed eight percent (8%) per annum if issued on a fixed-rate basis or twelve percent (12%) per annum if issued on a variable-rate basis) and carry such exchangeability privileges as shall be provided for in the Indenture. The Bonds shall be issuable in such denominations, be in fully registered form without coupons, carry such registration and exchangeability privileges, be payable in such medium of payment and at such place or places, and be subject to such terms of redemption as such Indenture may provide. The Bonds shall be payable from and secured by a pledge of the income, revenues and receipts derived or to be derived from a trust estate established under the Indenture, which may include, among other things, all of the Authority's right, title and interest in and to payments under a financing agreement, a lease agreement, and a mortgage on all or a portion of the Project. The Authority will enter into such covenants in the Indenture with the future holder or holders of the Bonds as to the carrying of insurance, the keeping of books and records, and other pertinent matters as may be deemed proper by said Board of Trustees to assure marketability of the Bonds, consistent with the provisions of the Act. The Indenture will also include remedies in case of default, and such additional covenants, agreements and provisions as are judged advisable or necessary by the Authority for the security of the holders of the Bonds. The Bonds shall be limited and special obligations of the Authority and shall not constitute an indebtedness, general or special, or a liability of the City, the State of Louisiana (the "State"), or any political subdivision thereof. The issuance of the Bonds will not directly or indirectly obligate the City, the State, or any political subdivision thereof, to provide any funds for the payment of the Bonds. The Bonds will not be nor shall they ever be considered a debt of the City, the State, or any political subdivision thereof, within the meaning of the Constitution or statutes of the State and will not and shall never constitute a pledge of the credit or taxing power of the City, the State, or any political subdivision thereof. Neither the City, the State, nor any political subdivision thereof shall in any manner be liable for the payment of the principal and the interest on the Bonds or for the performance of any agreement or pledge of any kind which may be undertaken by the Authority and no breach by the Authority of any agreement shall create any obligation upon the City, the State or any political subdivision thereof. The Authority has no taxing power and is not entitled to receive any funds from the City, the State, or any political subdivision thereof, or any other governmental body, for the payment of the Bonds. The Bonds will, before the delivery thereof, be approved by the State Bond Commission as well as by the Board of Trustees as the governing body of the Authority. The Authority shall meet in open and public session on Monday, December 15, 2025, at 4:00 p.m. at the offices of the Authority, 201 St. Charles Avenue, Suite 444, New Orleans, Louisiana, for the purpose of hearing any objections to the proposed issuance of the Bonds. If a petition is presented to the Authority at this open and public meeting, duly signed by not less than five percent of the electors of the City voting at the last special or general election objecting to the issuance of the Bonds, then said Bonds will not be issued until approved by a vote of the majority of the qualified electors of the City who vote in a special election held for the purpose of approving the issuance of the Bonds in the manner provided by the Act. Such petition must be accompanied by a certificate of the Orleans Parish Registrar of Voters certifying that the signers of the petition are qualified electors of the City and the number of signers amounts to not less than five percent of the electors of the City in number voting at the last special or general election. All interested parties are invited to attend the meeting as a public hearing for the purpose of receiving comments on and hearing any objections to the proposed issuance of the Bonds. All interested parties are invited to attend such public hearing to express their views. Questions or requests for additional information may be directed to the Authority's CEO/Executive Director, as follows: The Finance Authority of New Orleans 201 St. Charles Avenue, Suite 444 New Orleans, Louisiana 70170 Telephone: (504) 524-5533 Email: publiccomments@financenola.org Attention: Damon Burns, CEO/Executive Director The Bonds herein proposed are in addition to any other bonds, notes or debt obligations heretofore proposed by the Authority. This is not an offer to sell nor the solicitation of an offer to buy the Bonds. This notice of intention to issue bonds by the Authority is mandated by the provisions of Louisiana Revised Statute 9:2347(A)(1). THE FINANCE AUTHORITY OF NEW ORLEANS By: /s/ Edgar Chase, IV Chairman, Board of Trustees By: /s/ G. Wade Wootan Secretary- Treasurer, Board of Trustees 166449-nov 12-19-26-dec 3-4t $476.04