Filing Record and Reported Relationship

The relevant EDGAR record is accession 0002127181-26-000002, observed in the registry on 2026-07-26. In that filing, Kevin R. Baker is listed with the designation Executive Officer in connection with Calera XXV LLC. These labels report the relationship asserted in the filing; they should not be expanded into a more specific operating, ownership, founder, or investment role without separate evidence.

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