b"At the December 11, 2025, Board of Trustees meeting, CTPF recognized three Trustees and multiple staff members for their service through its RETURN ON INVESTMENTS Milestone Recognition Program. As of November 30, 2025 EMPLOYEE RECOGNITIONA total of 14 employees were recognized for reaching significant milestones of 1, 5, 10, 15, and 25 years of service. Edgar Samayoa, Director of Employer Services was honored for 25 years of service.Net Rate Total Fund of Return Benchmarks TRUSTEE RECOGNITIONPrincipal Administrator Trustee Pedro Beiza and 1 Year12.17%14.29% Teacher Trustee Vicki Kurzydlo were honored for their 3 Year11.04%12.77% first year of service to CTPF. Trustee Maria J. Rodriguez was recognized for 20 years of service. Trustee 5 Year7.86%8.17%Rodriguez joined the Board as a Teacher Trustee in 1999, serving until 2011 and then she rejoined the 10 Year8.48%8.76%Board in 2017 as a Pensioner Trustee, and has been Since8.35%8.25%reelected four times. She was the Funds first HispanicTrustee Maria J. Rodriguez accepts her award President, serving from 2002-2004 and has served onfrom Executive Director Carlton W. Lenoir, Sr., Inception nearly every committee, putting in extensive service toand President Jacquelyn Price Ward.the Fund and its members. 15 SPECIAL RECOGNITION1311 The Board recognized former President Jeffery Blackwell for his service and leadership 97 of the Fund, presenting him with a 15-year service award, a Distinguished 5 Service Award, and a special Proclamation by the Board of Trustees. 310 1 Year 3 Year 5 Year10 Year Since Elected to the Board as a Teacher Trustee in 2010 and Inception elected President each year since 2018, President Rate of Return Blackwell led the Fund through significant challenges, championed full funding and equitable state support, Total Fund Benchmarks advanced diversity in investments. He guided CTPFs path of responsible stewardship and strong investment returns, ushering in an era of financial transparency Former President Jeffery Blackwell acceptswith the completion of a forensic audit, the annual As of November 30, 2025,his award from Executive Director Carltonawarding of the GFOAs certificate of achievement in the approximate value ofW. Lenoir, Sr., President Jacquelyn Price Ward, and Vice President Quentin S. Washington.Financial Reporting, and the posting of all meeting CTPFs investments wasrecordings online. During his tenure, the Fund achieved $13.7 billion, (net-of-fees). an 8.6% annual growth rate (net of fees) and saw investments with MWDBE firms climb to nearly 60%. He served as Interim Executive Director of the Fund, providing 47.9% fundedleadership during the transition between Executive Directors in 2021. A 27-year (June 30, 2025)* veteran teacher, President Blackwells visionary leadership has strengthened retirement security for Chicagos educators.* CTPF's funding ratio is POSTHUMOUS DISTINGUISHED SERVICE AWARDcalculated annually at the closeDuring their November 20, 2025, meeting the CTPF of the fiscal year, based on theBoard of Trustees posthumously honored Financial actuarial value of assets. Secretary Mary Sharon Reilly with a Proclamation and Distinguished Service Award for her exceptional contributions. Her brother, John Reilly, accepted the award on her behalf. Serving 29 years across various leadership roles and committees, Trustee Reilly advocated for fiscal responsibility, health John Reilly accepts a CTPF Distinguished insurance, and sound investments. She worked forService Award on behalf of Mary Sharon Chicago Public Schools for 37.5 years, retired in 2002,Reilly from Executive Director Carlton and passed away in July 2025 at age 83 as the W. Lenoir, Sr., and President Jacquelynlongest-serving elected Trustee in CTPF history. Price Ward. 6"