LEGAL NOTICE WAYNESBORO AREA SCHOOL DISTRICT

LEGAL NOTICE WAYNESBORO AREA SCHOOL DISTRICT NOTICE IS HEREBY GIVEN by the Board of School Directors (the "Board") of Waynesboro Area School District, Waynesboro Area County, Pennsylvania (the "School District"), that at a regularly scheduled or special public meeting of the Board to be held on Tuesday, April 28, 2026, at 7:00 p.m., in the Clayton Admin Building, 210 Clayton Avenue, Waynesboro, PA 17268, or at a regularly scheduled or special public meeting of the Board to be held not less than three (3) nor more than thirty (30) days following the date of publication of this notice, at such time and location, the Board expects to receive a proposal from PFM Financial Advisors LLC, for the initial purchase of general obligation bonds of the School District, to be issued in one or more series and in the authorized aggregate maximum principal amount of up to $10,500,000, to be designated as the Waynesboro Area School District, General Obligation Bonds, Series of 2026 (the "Bonds"), or such other designation as shall be approved upon issuance which such Bonds shall subsequently be sold by a private sale by invitation. The Board will consider and may adopt a resolution ("Resolution") at such meeting, to accept such purchase proposal, and to authorize the issuance of the Bonds and the incurrence of nonelectoral debt by the School District pursuant to the Local Government Unit Debt Act, as amended ("Act"), of the Commonwealth of Pennsylvania ("Commonwealth"). The following is a summary of the contents of the Resolution: The Preamble (i) recites the determination of the Board to increase the nonelectoral debt of the School District in the principal amount of the Bonds, without the assent of electors, for the providing of funds for and toward (a) the cost of planning, design and construction of certain renovations, additions and improvements to the facilities of the School District, including the design, construction, furnishing and equipping of renovations to the Elementary and Middle School facilities, paying the School District's portion of the Franklin Learning Center project and other ongoing or proposed capital projects as determined by the School District, together with related architects', engineers', attorneys' and consultants' fees, and capitalized interest on the Bonds (the "Capital Project"), and (b) the costs of issuance of the Bonds; (ii) indicates that the existing net nonelectoral debt of the School District, including the debt to be incurred, does not in the aggregate exceed the limitations of the Act; and (iii) the finding of the Board that the proposed private sale by invitation is in the best financial interest of the School District; The Sections of the Resolution authorize the School District to incur nonelectoral debt through the issuance of the Bonds, pursuant to the Act, as general obligation bonds, state the authorized maximum aggregate principal amount and debt service of the Bonds, and authorize the execution, sale, delivery and issuance of the Bonds in accordance with the terms of the Resolution; more fully describe the Capital Project for which the debt is to be incurred, state the realistic estimated useful lives of the capital items included in the Capital Project, and state estimates as to the completion date and cost of the Capital Project; authorize the proper officers of the School District to prepare and to verify a debt statement as required by Section 8110 of the Act; contain a covenant of the School District as required by Section 8104 of the Act, which provides that the School District shall, subject to statutory restrictions and limitations, include the amount of the debt service payable in each fiscal year upon the debt to be incurred in its budget for that year and shall cause to be paid from its sinking fund the principal of and interest of the Bonds as the same becomes due; provide that the Bonds shall be fully registered, without coupons, and set forth the denominations, rates of interest, maturity dates, and form of the Bonds; provide for the method of execution of the Bonds; set forth, by reference, the respective maximum authorized annual debt service on the Bonds; provide for the awarding of the Bonds to PFM Financial Advisors LLC, upon the terms set forth in that purchaser's proposal for purchase of the Bonds ("Purchase Proposal"), and authorize and direct the School District to enter into Continuing Disclosure Agreements, if applicable, for the benefit of the holders of the Bonds, as required by the Purchase Proposal and in accordance with the requirements of Rule 15c2-12(b)5 promulgated by the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934; provide for the possible optional redemption of the Bonds prior to maturity; provide for the possible mandatory sinking fund redemption of any Bonds issued as term Bonds with a maturity of greater than one year; provide for the establishment of sinking funds each to be designated as the "Sinking Fund, Waynesboro Area School District, General Obligation Bonds, Series of 2026", with such series designation as shall be determined by the School District, and provide for the appropriation to said funds of annual amounts to pay the debt service upon the Bonds; set forth certain covenants of the School District with respect to Sections 103(b)(2) and 148 of the Internal Revenue Code of 1986, as amended (the "Code"); direct certain officers of the School District to contract with a bank, trust company or bank and trust company located and lawfully conducting a banking or trust business in the Commonwealth, for services as paying agent, sinking fund depositary and registrar in connection with the Bonds; provide for the certifica­tion and filing of the proceedings relating to the Bond issue with the Department of Community and Economic Development of the Commonwealth; authorize the proper officers of the School District to do all things necessary to carry out the Resolution; and confirm the establishment of the Resolution and provisions of the Act as a constituted contract between the School District and the registered owners of the Bonds. A copy of the full text of the proposed Resolution may be examined by any citizen in the office of the Secretary of the School District, located in the Waynesboro Area School District Office, 210 Clayton Avenue, Waynesboro, Pennsylvania, on regular business days between the hours of 8:00 a.m. and 4:00 p.m. Omissions from the Resolution, as proposed and on file, including the principal amounts of the Bonds, the price to be paid by the purchaser, and the interest rates applicable to the Bonds, as well as any amendments which may be made to the Resolution, will be supplied at the time of the adoption of the Resolution if the School District accepts the Purchase Proposal received from the purchaser and adopts the Resolution. If the Resolution is adopted, a Notice of Adoption thereof, including a summary of the omitted details, a statement of the exact principal amounts of the Bonds, the range of interest rates of the Bonds, the price to be paid for the Bonds, and any amendments made to the Resolution upon adoption, will be advertised after adoption, and the Resolution as so finally adopted will be made available for public examination by any citizen in accordance with the Act. This Notice is published in compliance with the Act. BY ORDER OF THE BOARD OF SCHOOL DIRECTORS OF WAYNESBORO AREA SCHOOL DISTRICT BARLEY SNYDER LLP Bond Counsel April 24 2026 LSOM0505250