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Renovations & Updates - 2025-07-12 - 8708 Willard Avenue, Cleveland, OH 44102 - 8708 Willard Ave, Cleveland, OH 44102.docx

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G overnance Proposal Update – Correction to Renovation and Repair Invoices 7/12/25 Important Update to Prior Proposal After reviewing the photos provided by Cal (dated 10/27/24), additional documents in Dropbox, and Cal’s own statements, it has become clear that the $6,511 for “Turn Renovation” billed by Evernest was never actually completed, yet this was billed in their Owner Statement . According to the Property Update on 9/21/24: "The vendor informed the property manager that the repairs will

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G overnance Proposal Update – Correction to Renovation and Repair Invoices 7/12/25 Important Update to Prior Proposal After reviewing the photos provided by Cal (dated 10/27/24), additional documents in Dropbox, and Cal’s own statements, it has become clear that the $6,511 for “Turn Renovation” billed by Evernest was never actually completed, yet this was billed in their Owner Statement . According to the Property Update on 9/21/24: "The vendor informed the property manager that the repairs will not be completed by 9/20 as previously scheduled. The vendor has provided an updated estimated completion date of 9/28. The property manager has scheduled the final inspection to take place on 9/30." Further, the $6,000 payment to I&R Realty and Construction on 12/5/24 was for the same scope of work , not for the exterior siding as previously stated. The $8,000 billed for siding was ultimately removed from the scope of work on the I&R estimate after it was sent to Aligned. Therefore: Yhome should be reimbursed for the $6,000 payment to I&R Realty and Construction , which was legitimately performed . Evernest’s $6,511 bill should be disputed and not approved for payment. This restores the DAO’s positive reserve balance once funds are reimbursed to Lofty for tax payments. The prior vote to approve the $6,511 expense should be retracted . The DAO’s Net Cash is $705.95 after prior approvals to borrow $20,000 from EARLDAO, less $4,000 lent to EARLDAO. Summary of Findings Invoice/Bill Amount Status Evernest “Turn Renova t ion” $6,511 Dispute – Not Performed I&R Realty and Construction Turn Repairs (no siding) $6,000 Reimburse Yhome Gruzmarg Interiors Vinyl Siding Replacement $15,000 Reimburse Yhome Updated Voting Options Option 1 – Approve Revised Payments Dispute Evernest’s $6,511 invoice and require them to provide definitive proof of work performed on a line-item basis before any payment or reimbursement is approve d Approve reimbursement to Yhome for the $6,000 turn repairs performed by I&R Realty Approve reimbursement to Yhome for the $15,000 siding replacement performed by Gruzmarg Option 2 – Approve All Payments Approve Evernest’s full estimate and Owner Statement invoice for $7,143.63 balance as provided, even without definite p roof of work performed Approve reimbursement to Yhome for the $6,000 turn repairs performed by I&R Realty Approve reimbursement to Yhome for the $15,000 siding replacement performed by Gruzmarg Option 2 – Decline All Payments Decline $6,511 invoice for turn repairs not performed by Evernest (Still reimburse utilities out of OR) Decline reimbursement to Yhome for t urn repairs performed by I&R Realty Decline reimbursement to Yhome for siding replacement performed by Gruzmarg Owners may submit a counterproposal for an alternate resolution Next Steps The prior vote is hereby retracted due to misunderstanding of the invoice documentation. Please review this updated information and cast a new vote on how to proceed. RETRACTED: Governance Proposal – Renovation and Repair Invoices 7/11/25 Dear Fellow Investors, Below is a summary of the current financial position for 8708 Willard Ave (Parcel #005-29-006), managed by ECO Systems LLC ℅ Aligned Properties Group. Please review and vote in the following proposal to determine how the DAO should address the incomplete $6,000 “entire exterior vinyl siding install" expense paid by Yhome Nursing LLC without prior DAO approval. Th is work was actually completed by Gruzmarg Interiors on 4/21/2025 at a cost of $15,000 . Yhome Transition Reconciliation Balance Sheet I am available to answer any questions on Discord or via email to ecosystemspm@gmail.com . Thank you for your prompt attention and participation. Earl Co Manager, ECO Systems LLC Member, Lofty Holding 8708 Willard Avenue DAO LLC 1. Background & Occupancy Expense: $6,000 paid by Yhome on 12/05/2024 for vinyl siding replacement Context: No governance vote or budget allocation was in place for this work Impact: As a result, the DAO’s net cash position fell into a –$7,614.22 shortfall; rejecting this charge would restore a small positive balance of +$194.96 Occupancy: 1 of 1 units occupied 2. Operating Reserve Activity Tax payment (5/27/25): –$1,842.94 (paid by Lofty from OR bank account) OR draw: –$4,000.00 (loan to EarlDAO ) Accounts payable ( Evernest ): $7,143.63 (separate liability; not an OR expense) Resulting OR cash balance: –$7,614.22 3. Major Disbursements Yhome → Vendors: $15,162.94 Yhome → I&R Realty and Construction via Aligned: $6,000.00 on 12/5/2024 for Install vinyl to entire exterior of house - PHOTOS REVEAL THIS WAS NOT DONE DAO PM fees accrued to Yhome : $164.69 Yhome Net Due to DAO: $21,327.63 4. Cash & Reserve Balances Aligned Operating Cash: $1,415.60 Aligned Property Reserve: $0.00 ECO Operating Cash: $126.21 No outstanding unpaid bills in the Aligned account 5. Outstanding Obligations & Capital Calls Capital Call due to Yhome : $19,732.63 Capital Call due to Lofty and Evernest : $7,614.22 Net Borrowed from EarlDAO : $16,000.00 DAO Net Cash Position (Capital Call Required): –$5,805.05 6. Voting Options (Ranked Choice) Option 1 – Reject Expense Vote to reject the incomplete $6,000 vinyl exterior replacement expense. Yhome Nursing LLC will be required to reimburse the DAO’s Operating Reserve in full. Outcome: DAO Net Cash → $194.96 Option 2 – Negotiate Settlement Authorize ECO Systems LLC to negotiate a goodwill settlement with Yhome Nursing LLC for partial reimbursement (e.g. 50–75% of the $6,000 cost). Any agreed-upon amount will be reimbursed to the DAO’s Operating Reserve. Option 3 – Approve Expense Vote to approve the incomplete $6,000 vinyl exterior replacement expense. Yhome Nursing LLC will be reimbursed in full out of the pre-authorized EARLDAO loan. Outcome: DAO Net Cash → ( $5,805.05)