NOTICE OF UCC COLLATERAL SALE - ONLINE AUCTION

Lender: John Marshall Bank (“Lender”)

Seller/Agent: R.L. Rasmus Auctioneers, Inc. d/b/a Rasmus Auctions (“Auctioneer” or “Seller/Agent”)

Debtor: La Buvette, LLC, a Virginia limited liability company (the “Debtor”)

Collateral: All right, title, and interest of Debtor in certain tangible personal property located at 4000 N. Fairfax Drive, Arlington, Virginia 22203 (the “Premises”), consisting of, without limitation, furniture, trade fixtures, and equipment incident to the operation of a restaurant (the “Collateral”).

Default & Authority: An event of default has occurred under that certain Loan and Security Agreement dated July 13, 2022, between Debtor and Lender, and Lender, as a secured party, will exercise its rights under Article 9 of the Uniform Commercial Code to sell the Collateral.

Sale Format & Where to Bid (Online Only):

The Collateral will be sold via an online-only auction conducted by Rasmus Auctions at rasmus.com (specific auction page to be linked from the homepage). Bidders must register online and agree to the posted Terms and Conditions before bidding.

Key Dates & Times (Eastern Time):

• Auction “Starts Closing” (online): 11:07 AM Eastern Standard Time (EST) on Monday, November 10, 2025.

o Lots close in a staggered sequence and utilize dynamic/soft closing — if a bid is placed near the scheduled close, that lot’s closing will extend until no further bids are received.

• Payment (Settlement) Deadline: Immediate payment by credit card at the close of the auction.

• Removal / Pickup (by appointment): 9:00 AM–3:00 PM EST, on Wednesday, November 12, 2025.

o All lots must be removed within this window unless otherwise approved in writing by the Auctioneer.

Registration & How to Bid (Summary)

• Create or confirm your rasmus.com account, then register for this specific auction and accept the posted Terms.

• Place bids (including optional Max Bids) before or during the auction closing; monitor items as they approach their closing times.

• Full step-by-step registration and bidding instructions are available at https://rasmus.com.

TERMS OF SALE

(Binding and incorporated by reference)

The following apply to this secured-party sale and are incorporated by reference into this Notice. The complete Rasmus Terms and Conditions of Sale (31 paragraphs) and platform terms posted on the auction page govern in full.

1. Buyer’s Premium: An 18% buyer’s premium is added to each high bid and becomes part of the purchase price (plus applicable sales tax).

2. Payment & Auto-Charge: At close, the credit card on file is automatically charged for the full invoice total. Bidders must ensure valid payment credentials and sufficient available credit prior to bidding.

3. Taxes / Exemption: Sales tax applies. Tax-exempt bidders must submit a valid exemption certificate before the auction closes and follow the posted procedure.

4. Deposits / Authorizations: Auctioneer may place or capture authorizations and may require deposits for higher exposure bids, consistent with posted Terms.

5. Dynamic/Staggered Closing: Lots close on a staggered schedule; bidding during the final window extends that lot until no further bids are placed.

6. Condition; “AS-IS, WHERE-IS”: All Collateral is sold AS-IS, WHERE-IS, WITH ALL FAULTS, without warranties of any kind (including merchantability, fitness, title, or compliance).

7. Inspection: Presale inspection may be available by appointment only on Friday, November 7, 2025, beginning at 10 AM EST until 12 noon.

8. Removal: Buyers are solely responsible for safe disconnection, rigging, loading, and transportation. Bring adequate labor/equipment. Failure to remove within the stated window may result in abandonment, storage/handling fees, disposal, resale, and liability for any resulting costs.

9. Default & Resale: Failure to pay or remove on time allows Auctioneer to retain deposits/fees, resell items, and recover all expenses and any deficiency plus interest.

10. Credit Bid / Reserves / Conduct: Lender may credit bid. Auctioneer may set increments, reject bids, withdraw lots, combine/split lots, adjourn, or modify closing/inspection/removal times as needed.

11. Venue; Governing Law: Disputes relating to these Terms are governed by Virginia law and heard exclusively in Arlington County, Virginia (state court) or, if applicable, U.S. District Court, Eastern District of Virginia – Alexandria Division.

12. Platform & Site: Bidding occurs on the Rasmus Auctions BidCloud online platform and is subject to its published platform terms and conditions.

13. Limitation of Liability: The Auctioneer’s and Seller’s liability is limited to the return of the purchase price actually paid for a lot; no special, incidental, punitive, or consequential damages.

Full Terms: The complete Rasmus Terms and Conditions of Sale (31 paragraphs) and any auction-specific addenda posted on rasmus.com are incorporated by reference and are controlling in the event of any inconsistency.

Bidders are responsible for reviewing all Terms before bidding.

Publication & Service of Notice

This Notice will be (i) published in The Washington Times on October 31, 2025, and on November 7, 2025; (ii) posted at the Premises; and (iii) posted on the auction listing at rasmus.com.

Interested parties may request an inventory list and additional sale information from the undersigned Auctioneer.

R.L. Rasmus Auctioneers, Inc. d/b/a

d/b/a Rasmus Auctions

Information & Requests

Auctioneer (Seller/Agent):

R.L. Rasmus Auctioneers, Inc.

201 Yoakum Parkway, Unit 54

Alexandria, Virginia 22304

Tel: (703) 768-9000

Email: krodimak@rasmus.com

www:rasmus.com and links therein

Counsel:

Neil I. Title, Attorney

Karpoff & Title

P.O. Box 990

Arlington, Virginia 22216-0990

703-841-9600 phone

703-773-6914 fax

ntitle@karpofftitle.com email

Street address:

2300 Wilson Boulevard, 7th floor

Arlington, Virginia 22201

Publication Dates:

October 31st, 2025

November 7th, 2025

AD#97617