NOTICE OF PUBLIC HEARING

NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that a public hearing will be held by the South Carolina Jobs-Economic Development Authority (the "Issuer"), on Thursday, September 4, 2025 at 11:00 a.m., in connection with the issuance by the Issuer of its Senior Living Revenue Bonds (Connexion Communities Project), Series 2025 (the "Bonds"), in an aggregate principal amount not to exceed $130,000,000, which may be issued in one or more series. The Issuer will loan the proceeds of the Bonds to Connexion Communities Simpsonville, LLC, Connexion Communities Travelers Rest, LLC and Connexion Communities Greenville, LLC, each a South Carolina limited liability company (collectively, the "Borrower"). The Bonds will be "qualified 501(c)(3) bonds" as defined in Section 145 of the Internal Revenue Code of 1986, as amended. The Issuer will loan the proceeds of the Bonds to the Borrower to (i) finance the acquisition, renovation and construction of three existing senior living communities consisting of (a) Legacy Reserve at Fairview Park, a 174-unit senior living community located at 538 Harrison Bridge Road and 544 Harrison Bridge Road, Simpsonville, in Greenville County, South Carolina comprised of 108 independent living units, 48 assisted living units and 18 memory care units of which not exceeding $64,200,000 of the proceeds will be allocated, (b) Oakview Park, a 66-unit senior living community located at 110 Hood Road, Greenville, in Anderson County, South Carolina comprised of 48 assisted living units and 18 memory care units of which not exceeding $26,500,000 of the proceeds will be allocated, and (c) Spring Park, a 66-unit senior living community located at 925 N. Main Street, Travelers Rest, in Greenville County, South Carolina comprised of 48 assisted living units and 18 memory care units of which not exceeding $27,000,000 of the proceeds will be allocated (collectively, the "Project"); (ii) fund a debt service reserve fund; (iii) fund working capital costs directly related to the Project, to the extent permitted by law; and (iv) pay certain costs in connection with the issuance of the Bonds. The Project will be owned by the Borrower. The Bonds will be payable solely by the Issuer and exclusively out of payments to be made by the Borrower and are to be secured, inter alia, by a security interest in the revenues derived by the Issuer from the Borrower in connection with the Project. The Bonds will not constitute an indebtedness of the Issuer, the State of South Carolina, or any political subdivision thereof within the meaning of any South Carolina constitutional provision or statutory limitation nor give rise to a pecuniary liability of the Issuer, the State of South Carolina, or any political subdivision thereof. The Bonds will not constitute a charge against the general credit or taxing powers of the Issuer, the State of South Carolina, or any political subdivision thereof. The Issuer has no taxing authority. Pursuant to IRS Revenue Procedure 2022-20, the public hearing will be conducted telephonically and the public will not be able to attend in person. However, all persons who wish to listen to the public hearing may join by calling toll free at 1-888-547-5999 and using access code 960347. Members of the public may submit oral or written comments to the Issuer to express their views for or against the proposed issuance of the Bonds, the location and nature of the Project, or the approval of the issuance of the Bonds. All persons who wish to submit oral comments during the public hearing must contact the Issuer, not less than 24 hours prior to the public hearing, via email to jedateam@scjeda.com to inform the Issuer of their desire to speak at the public hearing. Those who present comments during the public hearing will be permitted to address the Issuer regarding the Bonds for no more than five minutes. Members of the public may also submit views to the Issuer in writing addressed to SC JEDA, 1201 Main Street, Suite 1600, Columbia, South Carolina 29201 or via email to jedateam@scjeda.com. The Issuer will not prepare a transcript of the public hearing. SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY Jesse A. Smith, Executive Director August 29 2025 LGSC0360052