2022 Obligations - BAM GreenStar Bonds

The 2022 Obligations have been designated BAM GreenStar Bonds because BAM has determined that the use of bond proceeds by the County as described in the Official Statement and in any additional information obtained by BAM aligns with one of the Green Bond Principles (“GBPs”) developed by the International Capital Markets Association (“ICMA”). The GBPs were developed by the ICMA with the goal of establishing universally accepted guidelines for the issuance of green bonds, and one of the key requirements addresses the use of proceeds. BAM has been identified by the ICMA as an observer organization that is active in the field of green and/or social or sustainability finance and as a Climate Bond Initiative approved verifier. The GreenStar Credit Profile prepared by BAM for the 2022 Obligations will identify which of the following GBP categories applies to the 2022 Obligations:

• renewable energy

• energy efficiency

• pollution prevention and control

• environmentally sustainable management of living natural resources and land use

• terrestrial and aquatic biodiversity

• clean transportation

• climate change adaptation

• sustainable water and wastewater management

• green buildings

Each of the GBPs correlates to one of the following UN Sustainable Development Goals which will also be included
in the GreenStar Credit Profile for the 2022 Obligations:

• clean water and sanitation

• affordable and clean energy

• sustainable cities and communities

• industry innovation and infrastructure

• responsible consumption and production

• climate action

• life below water

• life on land