COBEL Plan Amendment – TMA Increase 2025 COBEL Plan Amendment – TMA Increase 2025 TAX-FREE TRANSPORTATION PROGRAM PLAN AMENDMENT The Employer adopts this Amendment to the Tax-Free Transportation Program (“Plan”) to reflect changes to Internal Revenue Code (IRC) Section 132(f), as amended by the Internal Revenue Service (IRS) Notice 2024-40. The employer and Plan Sponsor intends this Amendment as good faith compliance with the requirements of this Notice. This Amendment shall supersede the provisions of the Plan to the extent those provisions are inconsistent with the provisions of this Amendment. This Amendment is entered into and shall be effective for the 2025 Plan year and subsequent Plan years. The plan document is amended as follows: ARTICLE IV. BENEFITS AND ELECTIONS 4.02 Account (a) Monthly Limitation for Qualified Parking Expenses: Reimbursements for Qualified Parking Expenses will not exceed the monthly value as set forth in Code Section 132(f), as adjusted for inflation. For 2025, the limitation on such value is $325.00 per month; (b) Monthly Limitation for Transit Pass Expenses: Reimbursements for expenses for Transit Pass Expenses will not exceed the monthly value as set forth in Code § 132(f), as adjusted for inflation. For 2025, the limitation on such value is $325.00 per month; andDate MM slash DD slash YYYY Company Name Signed by First Last Title Email CAPTCHANameThis field is for validation purposes and should be left unchanged.