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Proposal to Approve Property Manager Transition and Mortgage Agreement - 122 Florida Park, Palm Coast, FL 32137 - 122 Florida Park Dr, Palm Coast, FL 32137.docx

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Organizational Resolution of the Members of Goose LFTY0320 DAO LLC To Approve Property Manager Transition and Mortgage Agreement Subject Property: 122 Florida Park , Palm Coast, FL 32137 (Parcel ID 07-11-31-7007-00220-0110 ) This Organizational Resolution seeks to settle the dispute between Goose LFTY 0320 DAO LLC and Yhome Nursing LLC c/o Calixte Duffaut , the former owner and PM of 122 Florida Park , Palm Coast, FL 32137 (the “Property”). This proposal is presented to Goose LFTY0 320 DAO LLC (

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Organizational Resolution of the Members of Goose LFTY0320 DAO LLC To Approve Property Manager Transition and Mortgage Agreement Subject Property: 122 Florida Park , Palm Coast, FL 32137 (Parcel ID 07-11-31-7007-00220-0110 ) This Organizational Resolution seeks to settle the dispute between Goose LFTY 0320 DAO LLC and Yhome Nursing LLC c/o Calixte Duffaut , the former owner and PM of 122 Florida Park , Palm Coast, FL 32137 (the “Property”). This proposal is presented to Goose LFTY0 320 DAO LLC (the “DAO” or “Seller”) to address ongoing challenges the Property, approve a transition of the Property Manager (PM) role from Whalec Property Management to ECO Systems LLC, and authorize a mortgage agreement with Calixte Duffaut (the “Buyer”), including a $ 5 ,000 capital call to cover up-front expenses. Background: The Property has faced significant obstacles to typical transition and rental operations due to unauthorized activities by the occupant, Calixte Duffaut (representing Yhome Nursing LLC), including withheld rents and trespass violations. These issues have delayed financial recovery for DAO investors. The Buyer has expressed interest in signing a mortgage for the DAO’s equity to resolve these challenges and regain control of the Property. Proposed Actions: Property Manager Transition: Alec VanBeek has confirmed he needs to remove this Property from his management portfolio and relinquish operational control. Upon approval, the DAO shall t ransition the PM role from Whalec Property Management c/o Alec Van B eek to ECO Systems LLC c/o Earl Vanze Co, effective upon completion of a successful DAO vote. ECO Systems LLC will oversee payment collection, bookkeeping, and property management functions to ensure accountability for the DAO’s financial obligations and provide progress reports to the DAO every two weeks until the Property generates expected monthly income. The Management Fee will be included as part of the approval of Earl Vanze Co as “Authorized Representative” and funding of the capital call. Earl Vanze Co has agreed to represent the DAO ownership group as the “ Authorized Representative ” with fiduciary duties to support the DAO’s goal of effective property oversight and financial transparency, contingent on approval and funding of a sufficient capital call. The Authorized Representative is granted full managerial authority to sign agreements and legal documents on behalf of the DAO. The Management Fee for this service is a fixed amount of $ 5 ,400 ( median market rate of 1.5% of the asset value ) , payable as 50% ($ 2 , 7 00) upon funding of the capital call, and 50% ($ 2 , 7 00) upon collection of the first payment from the Buyer. The term of the Management Agreement is perpetual until the DAO is formally terminated , or upon super majority vote of the Members of the DAO to remove the Authorized Representative , whichever is sooner. Mortgage Agreement: Authorize a mortgage agreement for the Buyer to purchase the DAO’s equity across 2702 floating equity shares via a mortgage lien . The agreement will include: An initial lump sum payment of three months up front to cover back rents withheld by the former PM, Yhome Nursing LLC, with the amount to be determined by ECO Systems LLC based on records from Whalec or ECO Systems LLC. Monthly installment payments for the equity portion, with terms to be finalized by the Authorized Representative . A retroactive Purchase Agreement designating Yhome Nursing LLC as legal owner of the property, subject to foreclosure non-payment of the mortgage to recover any funds owed . Rationale: The mortgage provides a structured payout for DAO investors, recovering back rents and aligning with the goal of financial recovery through securing the property as collateral , ensuring repayment and protecting the DAO from further losses. Capital Call: Approve a $ 5 ,000 capital call as a loan with a 30-year amortization and 3-year balloon at 18% interest rate compounded annually to fund expenses, including title attorney, recording fees for both the 1) capital call loan and 2) mortgage lien at the county level, $ 5 ,400 Management Fee, and outside consultant fees. The capital call ensures the Authorized Representative can cover necessary costs to execute the mortgage agreement and service the note effectively. Lien-rights to the capital call investors to be paid immediately upon balloon payment for the remaining equity. Voting Options: Approve Proposal as outlined. Approve the transition of the PM role to ECO Systems LLC. Approve full managerial authority to Earl Vanze Co as Authorized Representative of the DAO. Approve a retroactive Purchase Agreement and Mortgage Lien with the Buyer, with terms negotiated by the Authorized Representative and reviewed by a Florida title company’s attorney for compliance and recording. Approve a $ 5 ,000 capital call backed by a DAO member. Ensure a smooth handover of PM responsibilities via Lofty’s platform. Decline Proposal. Property and DAO remain in legal limbo. Title remains vested in Yhome Nursing LLC, and Calixte Duffaut continues to retain possession and operational control of the property and all its revenue without any compensation or remedy to the DAO. IN WITNESS WHEREOF , the undersigned ha ve executed this Action by Written Consent as of the date first set forth above. DAO Officer ______________________________________ _________________ Lofty AI Inc. AS DAO Officer of Date Goose LFTY0320 DAO LLC By: Max Ball AS COO Authorized Representative ______________________________________ _________________ Earl Vanze Co AS Member Date Goose LFTY0320 DAO LLC DAO Members In accordance with the DAO Operating Agreement, this Agreement shall be deemed executed upon the affirmative digital signatures representing no fewer than sixty percent (60%) of the active voting interests of the DAO, constituting a supermajority. Such vote shall be conducted in accordance with the quorum requirements set forth in the DAO Operating Agreement, and the results shall be recorded and published via the smart contract located at https://allo.info/application/3216035468 Property Update (09/16/2025): Owner-proposed Governance Results for 122 Florida Park Dr: The governance results are back for the owner-proposed vote. The winning vote is: Approve Proposal as outlined. The winning vote received 43 / 45 votes, totaling 97% of the voting power. This is a co-ownership property, which means the governance mechanism used the scaled governance calculations as opposed to the default of 1 token equals 1 vote. The voting results can be found on chain here or by searching the application ID: 3216035468