Sale under supervision of the United States Bankruptcy Court for the Western District of Louisiana. BID PROCEDURES SUMMARY Property for Sale Approximately 8.6 acres of mixed-use commercial real estate at the intersection of Nelson Road and Contraband Bayou in Lake Charles, Louisiana. Sale free and clear of all liens pursuant to bankruptcy court approval. Minimum Bid Requirements Stalking Horse Bid: $15,000,000.00 (First Federal Bank of Louisiana) Minimum Opening Bid: $15,130,000.00 Minimum Bid Increases: $50,000.00 increments Required Deposit $100,000 cash deposit OR irrevocable letter of credit, held in escrow at Gold Weems IOLTA Account Key Dates & Deadlines Qualified Bid Deadline: January 21, 2026, 5:00 PM CT Auction (if required): January 28, 2026, 10:30 AM CT Location: Gold Weems, 2001 MacArthur Drive, Alexandria, LA 71301 Qualified Bidders must attend in person or request a zoom link from Mr. Drell Sale Hearing: February 4, 2026, 10:30 AM CT Closing: February 11, 2026 Bid Package Must Include Signed binding purchase agreement $100,000 good faith deposit Contact information for authorized representative Written evidence of financial capacity/commitment for financing (not subject to conditions) Board resolution or similar authority document Contact for Due Diligence & Bid Submission Bradley L. Drell Gold, Weems, Bruser, Sues & Rundell Email: bdrell@goldweems.com Phone: (318) 445-6471 Important Notes All bids are binding and irrevocable Bidders must have completed due diligence before submitting bid If only one qualified bid received, no auction will be held Bankruptcy Court approval required Complete Bid Procedures available in documents section