| Purpose: NOTICE TO RESIDENTS OF THE STATE OF WEST VIRGINIA AND OTHER PERSONS INTERESTED - ISSUANCE BY THE WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY OF ITS SOLID WASTE DISPOSAL FACILITY REVENUE BONDS (NUCOR STEEL PROJECT), SERIES 2025 NOTICE IS HEREBY GIVEN, pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, that THE WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY (the Authority) contemplates the adoption of a bond authorizing resolution, at a regular meeting to be held October 16, 2025, at 11:00 a.m., prevailing time, to consider for approval the issuance of its Solid Waste Disposal Facility Revenue Bonds (Nucor Steel Project), Series 2025, in an amount not to exceed $220,000,000 (the 2025 Bonds), pursuant to Chapter 31, Article 15 of the West Virginia Code of 1931, as amended, to assist Nucor Steel West Virginia LLC, a Delaware limited liability company (the Company), by issuing its exempt facility bonds for solid waste disposal facilities as defined in Section 142(a)(6) of the Internal Revenue Code of 1986, as amended, to finance the costs of the acquisition, construction, reconstruction, and equipping of solid waste disposal facilities which will be located in Mason County, West Virginia and utilized with respect to a steel mill and related facilities and to pay certain costs of issuing the 2025 Bonds (collectively, the Project). The Project is located generally at 29618 Huntington Road, Apple Grove, Mason County, West Virginia 25002. The Company will be the principal user of the Project. The 2025 Bonds shall be titled the West Virginia Economic Development Authority, Solid Waste Disposal Facility Revenue Bonds (Nucor Steel Project), Series 2025. The Authority shall have no financial obligation or liability of any kind in connection with payment of the principal of or interest on the 2025 Bonds. The 2025 Bonds shall not constitute an indebtedness of the Authority, but shall be a limited obligation of the Authority payable solely from rental payments or other revenues to be derived pursuant to an agreement of lease to be entered into between the Authority and the Company and neither the 2025 Bonds nor the interest thereon, nor any charge in connection therewith, shall be a charge against the general credit or taxing powers of the Authority or the State of West Virginia, nor shall the same ever constitute an indebtedness of the Authority or the State of West Virginia, within the meaning of any constitutional provision or statutory limitations. A public hearing will be held before the Authority on October 16, 2025, at 10:00 a.m. at the offices of the Authority at 180 Association Drive, Charleston, West Virginia, 25311 and via the following toll-free telephonic conference line: Those wishing to participate may call Dial in Number: 1-888-273-3658 Access Code: 9045340 Any person or persons interested may appear before the Authority, in person or via the teleconference line, to present oral comments and suggestions and be heard as to the proposed issuance of 2025 Bonds and the location and nature of the Project to be financed with the 2025 Bonds. Interested individuals may also submit written comments to the Authority at 180 Association Drive, Charleston, West Virginia 25311 or to Taylor.S.Cole@wv.gov on or before 10:00 a.m. on October 16, 2025. This notice is given pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended. Following said public hearing and at its regularly scheduled meeting at 11:00 a.m. on October 16, 2025, the Authority intends to vote on the adoption of the Resolution approving the issuance of the 2025 Bonds and to take such other action as it deems proper. Dated this October 7, 2025. /s/ Matthew Irby Secretary, West Virginia Economic Development Authority |