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Hello OHCC! Good to see you all again. While Patrice and I enjoyed extended travels abroad this past month, we were happy to return home and reunite with friends, our pets, and OHCC activities. Just the other day, we enjoyed a pleasant breakfast with a group of friends at a beachfront restaurant, and we exclaimed, "Why do we travel? We already live in paradise." So, of course, watching and playing sports took a backseat during our trip. The only football was something I know to be soccer, so no NFL games to watch. We did see several golf courses in Ireland and Scotland, where we endured our tour guide's glee as he celebrated the results of the Ryder Cup in front of his American tour group. He may have seen less tipping as a result. Speaking of golf, I didn't see any Fling Golf, but was pleased to hear the news that Fling Golf is now part of the Golf Club. What a great idea and way to expand friendships on the links of OHCC. Finally, I may have rusted a bit on my pickleball play. There was a pickleball court on our ship, but sea conditions made playing impossible. Good to be home and back on the court with good friends and playing conditions. We are so fortunate here. As we enter the election season, I have received several comments about the campaigning for a state proposition. By now, we are used to the placement of campaign signs in front of homes in our community. In addition to many mailings, you may have also received tube stuffers from residents. Although you may not appreciate the f lyers, this is a permitted use of the tubes by residents. While I realize there are strong opinions, I respect the right of homeowners to express their opinion. From the front of my property, I look to my left and right, and I see a 50/50 ratio of Yes and No opinions. With that said, be sure to vote. You may have heard about a proposed solar/battery farm, by the City of Carlsbad, to be located on open land behind our homes along Dassia and Thebes. This proposal raises serious safety concerns, especially in the event of a fire. Good news! The proposed project at this location was rejected by the city council on Sept. 30. Several members of our community were present and expressed safety concerns. In addition, a member of the fire department also confirmed safety concerns in the event of a wildfire. Glad to see this proposal rejected at this early stage. The Lake/Well project remains our primary focus. The removal of contaminated soil has been completed (at a cost of $180,000+) and we now anticipate the remobilization of the general contractor to finish the necessary lake excavation followed by the final installation work that completes the project. Project budget and costs are updated on the website. Currently, our spending on the project is 75 percent complete. We recently identified the need to temporarily borrow up to $426,800 from our reserve account to meet current operating needs and funds necessary to complete the lake project. You may recall, at the end of the 24-25 year, we transferred $400,000 of excess equity to the reserve account. This allowed us to invest these funds at higher interest rates than received in the operating account. As a result of unexpected soil remediation costs, unexpected costs during lake construction, and an unexpected 24-25 audit adjustment that impacts current year equity, we find it necessary to now borrow back reserve funds in order to maintain a positive equity position. These borrowed amounts will be repaid to the reserve account within 12 months of the date borrowed, which will be during the 26-27 fiscal year. We expect to have sufficient funds in the 26-27 budget to restore the reserve account and our healthy equity balance. Finally, we continue to gather details around the proposed installation of fiber internet and a bulk internet service for all residents. We expect to notify you soon of a town hall discussion where you can learn what to expect and ask questions about this proposed project. The Board met in its Regular Monthly Meeting session on Sept. 10 and took the following actions: • Approved the Minutes of the meeting on Aug. 20. • Approved the report of the Executive Finance Committee meeting on Aug. 19. • Approved the abbreviated financials for July 2025. • Approved fund transfers exceeding $10,000. • Approved by unanimous vote the publication of Notice of Sale, on account P280121611080. • Approved reassignment of Board Liaisons to the following: Audio Visual, Citation Review, Budget and Finance Advisory, Executive Finance, Golf, Landscape, and RV Committees. • Considered appeal from homeowner, and approved without objection front and side windows request, with the understanding the side windows will be frosted for privacy. • Approved contract with Bostick Co for annual street paving, in an amount not to exceed $603,727. • Ratified a change order approved during executive session from GEOCON for soil testing, in an amount not to exceed $14,220. The Board met in executive session on Oct. 13 and took the following actions: • Approved the Minutes of the meeting on Sept. 8. • Reviewed and approved warnings for three citations referred | OHCC LIVING | NOVEMBER 2025 | 3 President's Message By Allen Wilson, HOA President (2025-2026) Continued on next page

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