Worldbid Auction - July 15, 2025 via sealed bidding process. Starting bid is $7.9 million. PRE AUCTION OFFERS • A Buyer may elect to submit a Pre Auction rather than participate in Auction bidding. • Pre auction offers may be submitted on a standard CAR (California Association of Realtors) purchase contract. • Pre Auction offers may have any contingency a buyer requests. Offer no later than June 30th, 2025 and the following occurs: - The buyers offer is accepted by the seller and the buyer closes on the purchase of the property not later than June 30th, 2025 OR - The buyer’s contingencies are removed no later than June 30th 2025, the buyer’s deposit becomes non refundable and is released to the seller. • No exceptions to the date deadlines will be accepted. • The buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and a lender approval letter (if applicable). AUCTION DAY BIDDING • Your Sealed bid must be submitted on the Premiere Estates Sealed Bid auction purchase contract. 1. Qualifying round bids are due on July 15th noon 2025 PT and must be emailed CWohl@PremiereEstates.com 2. The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by July 15th noon 2025 PT, they are approved to submit their final bid 3. The bidders, which have qualified to bid in the Final Bid round are due on July 16th, 2025 noon PT • Both the final round bids must be provided on the Premiere Estates Sealed Bid auction purchase contract. • Escrow Shall close no later than August 16th, 2025 • The Sealed Bid auction purchase is available at PremiereEstates.com (under this property tab). • Auction day bids are completely non contingent.