Edgewater Beach Apartments Below is a collection of frequently used documents. Governance By-Laws Proprietary Lease EBAC Rules and Regulations (revised 5-28-2020) Waiver, Release and Indemnity Agreement Construction Rules Cert. of Insurance Example Buy / Sell EBAC 2021-Edgewater Beach Apartment Application for Shareholder Status EBAC Sales Process Recognition Agreement - 2021 © 2021 Edgewater Beach Apartments All rights reserved

Edgewater Beach Apartments Lifestyle The EBA today provides a comfortable, convenient, and elegant lifestyle for the occupants of its 300 apartments. The building is maintained to the highest standards. In a 14 million dollar project completed in 1999, all of its windows were replaced with high-quality triple-track Winstrom aluminum windows, and its distinctive pink stucco exterior was extensively renovated. Amenities include a 60-foot heated indoor pool with adjacent party space; weight and exercise rooms; library; craft room; two acres of award-winning gardens; a gazebo; an arcade of shops; a two-level heated indoor garage with adjacent bike rooms; nine guest apartments for rent on the first and floors; basement storage facilities; three passenger elevators and eight freight elevators; and doormen and garage attendants 24/7. Many of its spacious residences offer spectacular views of the lakefront, downtown, and the city’s northwest side. © 2021 Edgewater Beach Apartments All rights reserved

Edgewater Beach Apartments Cooperative Housing A cooperative, or “co-op,” is a corporation that owns a building. As a “co-op owner,” you own stock in the corporation, and proprietary rights to occupy a specified unit in the building. Your number of shares is based upon the size of the unit, the height in the building and, in some cases, other amenities such as exposure or view. Your monthly “maintenance” payments are based on the percentage of your shares to the total number of shares held in the building, both of which were determined at the time the building originally converted to co-op. Generally, the number of shares never changes unless units are combined or subdivided. Your monthly maintenance payment actually covers your share of three different types of expenses: first, the basic operating costs or upkeep of the building, such as heat, water, electricity and gas for the common areas, salaries for the superintendent, doormen, management and maintenance staff, and liability and other insurance for the building; second, real estate taxes assessed by the city; and third, any mortgage on the building itself, transferred to the co-op corporation from the original owner of the building or, in many cases, a refinance or equity loan taken out by the co-op for restoration and capital improvements. © 2021 Edgewater Beach Apartments All rights reserved

Edgewater Beach Apartments Contact Management Office (on premises): Sudler Property Management 773-907-2130 ebacmanager@sudlerchicago.com Location 5555 N Sheridan Rd Chicago, IL 60640 © 2021 Edgewater Beach Apartments All rights reserved