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EARLDAO-LENDER-ALAWA-SETTLEMENT-AND-LOAN-AUTHORIZATION-2026-06-26 - 85-104 Alawa Pl, Waianae, HI 96792.docx

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EARLDAO Governance Proposal - Approve Requested $15,000 85-104 Alawa Evergreen Line of Credit and Settlement Authority Audience: Members / authorized representatives of EARLDAO Borrower DAO: Poodle LFTY0452 DAO LLC, the 85-104 Alawa DAO Property: 85-104 Alawa Pl, Waianae, HI 96792 Related Borrower Proposal / Request: ALAWA-DAO-SETTLEMENT-AND-LOAN-FALLBACK-PROPOSAL-2026-06-26 Effective Date Authorized: July 1, 2025, with actual signature dates shown at execution Status: Draft - pending EARLDAO re

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EARLDAO Governance Proposal - Approve Requested $15,000 85-104 Alawa Evergreen Line of Credit and Settlement Authority Audience: Members / authorized representatives of EARLDAO Borrower DAO: Poodle LFTY0452 DAO LLC, the 85-104 Alawa DAO Property: 85-104 Alawa Pl, Waianae, HI 96792 Related Borrower Proposal / Request: ALAWA-DAO-SETTLEMENT-AND-LOAN-FALLBACK-PROPOSAL-2026-06-26 Effective Date Authorized: July 1, 2025, with actual signature dates shown at execution Status: Draft - pending EARLDAO review and vote Purpose This is the EARLDAO lender-side approval of the explicit borrower request from the 85-104 Alawa DAO. The EARLDAO loan / line of credit does not yet exist; this proposal authorizes EARLDAO to accept that request and make an evergreen revolving line of credit official for Poodle LFTY0452 DAO LLC, with a maximum committed principal limit of $15,000.00. The line of credit may fund/refinance the listed property deficits, unpaid accruals, sewer back payments, the sewer line repair reserve, and future property cash deficits or approved reserves within that limit, or EARLDAO may accept a negotiated dilutive equity settlement instead. Financial Calculation Metric Value Calculation as of 2026-06-26 ECO GL cash deficit $6,495.20 Negative-balance carrying charge on/after July 1, 2025 $19.69 Unposted June 2026 PM fee accrual $500.18 Daniel Murrey furnishing loan payoff Paid off / excluded Sewer loan full payoff Not included Sewer loan back payments $2,000.00 Sewer line repair reserve $3,500.00 Formalized EARLDAO loan base before origination fee $12,515.07 2% origination fee $250.30 Initial draw / funded amount $12,765.37 Evergreen line of credit limit $15,000.00 Remaining availability after initial draw $2,234.63 Lender Authorization Accept the 85-104 Alawa DAO request and authorize EARLDAO to offer, fund, and make official an evergreen revolving line of credit to Poodle LFTY0452 DAO LLC with a $15,000.00 maximum committed principal limit. Authorize an initial draw / funded amount of $12,765.37, inclusive of the 2% origination fee, under that line of credit. Authorize line-of-credit proceeds to settle the listed cash deficit, unpaid accruals, $2,000 sewer back payments, and a $3,500 sewer line repair reserve. Authorize future draws and re-borrowings within the $15,000.00 limit for documented property cash deficits, approved reserves, carrying costs, or other 85-104 Alawa DAO obligations, subject to EARLDAO funding availability and ordinary servicing records. Exclude the Daniel Murrey furnishing loan payoff because it is already paid off. Exclude full sewer loan payoff because the sewer loan does not need payoff yet. Approve line-of-credit terms of 12% per annum interest on outstanding funded principal, compounded annually, with documentation effective as of July 1, 2025 and actual execution dates shown accurately. Authorize EARLDAO to accept a negotiated dilutive equity settlement in lieu of, or as conversion of, outstanding funded obligations under the line of credit if approved by both DAOs. Authorize EARLDAO representatives to coordinate with ECO Systems, LLC and Lofty AI, Inc. for servicing, ledger true-up, payoff coordination, payment routing, and reporting. Voting Options APPROVE - accept the 85-104 Alawa DAO request and authorize EARLDAO to make the evergreen line of credit official and/or accept the equity settlement option. APPROVE WITH MODIFICATIONS - approve subject to specified changes to amount, valuation, timing, or documentation. REJECT - reject lender-side participation and require revised terms. ABSTAIN - no position.