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46 The Authority │ April PLGIT article continued from page 36. 1 S&P Global AAAm Rating: S&P evaluates a number of factors, including credit quality, market price, exposure, and management. Please visit SPGlobal.com/Ratings for more information and ratings methodology. Paul Robinson is an Institutional Sales & Relationship Manager with PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. He works with public sector investors across Eastern Pennsylvania. He can be reached at robinsonp@pfmam.com. Important Disclosure Information A description of the PLGIT-CD Purchase Program is contained in the PLGIT Information Statement. The Information Statement contains important information and should be read carefully before investing. Investors may purchase Certificates of Deposit through the PLGIT CD Purchase Program only by executing an investment advisory agreement with the Trust’s Investment Adviser, U.S. Bancorp Asset Management, Inc. SM PLGIT, PLGIT-Class Shares, PLGIT/Reserve- Class Shares, PLGIT/PRIME, PLGIT/TERM, PLGIT-CD and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust. This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Trust’s portfolios. This and other information about the Trust’s portfolios are available in the current Information Statement, which should be read carefully before investing. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www. plgit.com . While the PLGIT and PLGIT/ PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust’s portfolio are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org ). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Trust. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A. September 30, 2025, PLGIT/PRIME obtains a higher yield than any other liquid PLGIT investment option and is a distinct investment portfolio, rated AAAm by S&P Global. 1 Investment requires no minimum balance and no minimum initial investment, however this option limits redemptions or exchanges to two per calendar month, so it’s more appropriate as a short- term option for idle funds. The PLGIT SM Portfolio consists of two classes of shares that each stress safety of principal as an objective — a fact underscored by the portfolio’s AAAm 1 rating from Standard & Poor's: • PLGIT-Class Shares SM offer daily liquidity, no minimum balance requirements and unlimited checking with no out-of-pocket fees or service charges. Because of these features, municipal investors tend to use PLGIT- Class Shares like they would a standard checking account. However, investors keeping more funds than necessary in a PLGIT-Class account may want to consider investment options like PLGIT/PRIME, where those funds have the potential to earn higher yields. • PLGIT/Reserve-Class Shares SM is an option with liquidity but limited services enabling investors who have a limited investment policy.PLGIT/ Reserve-Class Shares function similarly to PLGIT-Class with a few distinctions. For example, PLGIT/Reserve-Class Shares require a minimum balance of $50,000 and at least $5,000 per deposit, while PLGIT-Class Shares require no minimum balance for either. Additionally, PLGIT/Reserve-Class Shares carry no waiting period prior to redemption, but redemptions are limited to two per month. Depending on the local government’s goals, PLGIT/ Reserve-Class Shares might be a more attractive option for funds like short-term reserves. Again, investors may want to weigh PLGIT/Reserve-Class against PLGIT/PRIME (see above), which offers the potential for a higher yield. PLGIT-CD SM Purchase Program enables PLGIT investors to purchase FDIC- insured CDs via a separate agreement with PLGIT’s investment administrator, PFM Asset Management. Individual CDs may be purchased in amounts such that the principal and interest will not exceed insured limits. Minimum investment for CDs is around $100,000, and the maximum CD purchase would be in an amount such that the total value of the CD including interest would not exceed $250,000. With the PLGIT- CD Purchase Program, municipalities can gain access to a range of competitive fixed-rate CDs, with flexible terms, from banks across the nation that may have higher yields than some Federal Agency discount notes. Investments in the PLGIT-CD Purchase Program are direct investments of the Investor, not assets of the Trust or under control of the Board of Trustees. For details, visit www.PLGIT.com , or call for a specific quote. This is just a sample of the investment options offered by PLGIT. For more details, contact your PLGIT representative today. S