NOTICE OF PUBLIC HEARING

NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that a public hearing will be held by the VILLAGE OF FAIRPORT INDUSTRIAL DEVELOPMENT AGENCY (the "Agency") on January 5, 2026 at 4:30 p.m., local time, at Village Hall, 31 South Main Street, Fairport, New York 14450, and via electronic conference meeting. Members of the public may attend by viewing and commenting on the Project (as defined below) and the benefits to be granted to the Company (as defined below) by the Agency during the Public Hearing by logging into the meeting as follows: Join Teams Meeting: https://teams.microsoft.com/dl/launcher/launcher.html?url=%2F_%23%2Fl%2Fmeetup-join%2F19%3Ameeting_YzA2M2M3ZmYtNTU4NC00YzUwLWJkNDEtN2UzZDcwNTc0Y2Rl%40thread.v2%2F0%3Fcontext%3D%257b%2522Tid%2522%253a%252244349e3b-b509-4985-acf5-34ec9952e94c%2522%252c%2522Oid%2522%253a%252273ea77e6-2dea-4382-b7b7-1b1a5f5cb7fd%2522%257d%26anon%3Dtrue&type=meetup-join&deeplinkId=dfe37954-4593-4634-a602-5d4e2b682560&directDl=true&msLaunch=true&enableMobilePage=true&suppressPrompt=true Meeting ID: 257 476 388 722 35 Passcode: uP9Qy7qW IRON SMOKE WHISKEY LLC, a New York limited liability company, (the "Company"), has requested that the Agency assist with a certain project (the Project") consisting of (A) the acquisition of a leasehold interest in the property located at 111 Parce Avenue, Village of Fairport, Town of Perinton, Monroe County, State of New York (the "Land"), together with a two story building, containing approximately 28,121 square feet (the "Existing Improvements"); (B) the renovation and equipping of the Existing Improvements, including, but not limited to the modernizing the manufacturing and production areas (collectively, the "New Improvements" and, together with the "Existing Improvements" the "Improvements") and (C) the acquisition and installation in and around the Improvements of certain items of furniture, furnishings, equipment, machinery and other tangible personal property (collectively, the "Equipment" and, together with the Land and the Improvements, the "Facility") and (D) the lease of the Agency's interest in the Facility back to the Company pursuant to a project/leaseback agreement. The Facility will be owned by the Company. The Agency will acquire an interest in the Facility. The financial assistance contemplated by the Agency will consist generally of the exemption from taxation expected to be claimed by the Company as a result of the Agency taking an interest in, possession or control (by lease, license or otherwise) of the Facility, or of the Company acting as the agent of the Agency, consisting of: (i) exemption from state and local sales and use tax with respect to the construction and renovation of the Facility, (ii) exemption for mortgage recording tax with respect to any qualifying mortgage on the Facility, and (iii) exemption from general real property taxation with respect to the Facility, which exemption shall be offset, in whole or in part, by contractual payments in lieu of taxes (the "PILOT") by the Company for the benefit of the affected tax jurisdictions.   A copy of the Company's application, containing a cost/benefit analysis, is available for inspection at the Agency's offices at 31 S. Main St., Fairport, New York during normal business hours, Monday through Friday. A representative of the Agency will at the above stated time and place hear all persons with views in favor of or opposed to either the location or nature of the Facility, or the proposed financial assistance being contemplated by the Agency. In addition, at, or prior to, such hearing, interested parties may submit to the agency written materials pertaining to such matters. This public hearing will be conducted in accordance with subdivision 2 of Section 859-a of the New York General Municipal Law. DATED: December 17, 2025 VILLAGE OF FAIRPORT INDUSTRIAL DEVELOPMENT AGENCY December 22 2025 LNYS0426995