1. Prospective General Obligation Bond Program Fremont Unified School District Tony Hsieh Managing Director 310-322-4222 tony.hsieh@keygentcorp.com

2. District Assessed Value (1)Source: California Municipal Statistics, Inc. and Alameda County; Data from 1986 to 2014. 2 The District has experienced two consecutive years of assessed value (“AV”) growth after experiencing three years of slight declines due to the real estate crisis

3. Illustrative Bond Scenario Summary: Request voters to authorize a new tax of $60 per $100,000 of AV (Proposition 39 maximum) ◆ Election date: June 3, 2014 ◆ Election type: Proposition 39 ◆ Interest rates: 5.75% - 6.75% ◆ Annual assessed value growth rates: –2014-15: 2.0% –Thereafter: 4.0% ◆ Compliance with Assembly Bill 182 ◆ Estimated repayment ratio: 2.70 to 1 ◆ Estimated % capital appreciation bonds: 11.9% (1)Issuance schedule for illustrative purposes only. Actual amounts and dates will be tailored to the District’s facility needs. 3

4. 4 Alameda County School District Bond Tax Rates (1) Following is a chart showing the 2013-14 tax rates for all Alameda County school districts (1)Source: Alameda County.

5. November 2012 California School Bond Elections There were 106 school bond measures on the November 6, 2012 ballot ◆ Most school bonds were successful –91 successful (86%) –15 unsuccessful (14%) ◆ Authorization amounts ranged from $830,000 to $2.8 billion ◆ The 3 measures with authorizations in excess of $500 million were all successful –San Diego Unified ($2.8 billion) –Chaffey Joint Union High ($848 million) –Coast Community College ($698 million) 5