PUBLIC NOTICE OF UCC ARTICLE 9 SALE: Pilgrim House, LLC

NOTICE OF AUCTION ADVISORS’ PUBLIC SALE OF MEMBERSHIP INTERESTS IN PILGRIM HOUSE, LLC ON BEHALF OF THE SECURED PARTY

UNDER ARTICLE 9 OF THE UNIFORM COMMERCIAL CODE

PLEASE TAKE NOTICE that on March 31, 2026, starting at 2:00 p.m. Eastern Time, Auction Advisors, as Auctioneer, on behalf of Maria Cirino, an individual (“Secured Party”), will offer for sale at a public auction under the Uniform Commercial Code, 45% of the limited liability company membership interests (the “Collateral”) in PILGRIM HOUSE, LLC a Massachusetts limited liability company (the “Company”).

The Company owns and operates a hotel business under the name Pilgrim House in Provincetown, Massachusetts.

Kenneth J. Horgan (“Horgan”) and Kevin Scott Bente (“Bente” and together with Horgan, “Pledgors”) are the current owners of the Collateral. To secure their obligations to Secured Party, among other actions, Pledgors pledged to Secured Party a first-priority, perfected security interest in and to the Collateral.

The sale will be conducted virtually via online video conference. Instructions on how to become a “qualified bidder” and attend the auction via online video conference are set forth in the Terms & Conditions of Auction which are available online at www.AuctionAdvisors.com or by contacting Joshua Olshin of Auction Advisors at: [email protected]. Secured Party is and shall be a qualified bidder and shall be allowed to credit bid amounts due and owing to it by Pledgors in connection with any bids it may make with respect to the Collateral.

The auction sale will be held to enforce the rights of Secured Party under the certain Security and Pledge Agreement, dated October 11, 2022 and UCC financing statements identified on Schedule 1 hereto pursuant to which Pledgors granted Secured Party’s predecessor in interest a security interest in, among other things, the membership interests in the Company.

Qualified bidders shall be required to post a $10,000.00 good faith deposit prior to bidding, which deposit will be required to be increased to ten percent (10%) of the successful bid by the successful bidder on or prior to 10:00 AM Eastern Time on April 1, 2026. Secured Party shall not be required either to post a good faith deposit or to increase its deposit as aforesaid.

The sale will be FINAL and on an “AS-IS, WHERE IS, WITH ALL FAULTS” basis and will be made WITHOUT REPRESENTATION OR WARRANTY WHATSOEVER. The Collateral are unregistered securities under the Securities Act of 1933, and as such are subject to certain transfer restrictions. The Collateral will be sold as a single block.

Secured Party reserves the right to establish all bidding procedures and requirements and to have prospective bidders reasonably demonstrate to the satisfaction of Secured Party that they are qualified investors and their ability to perform and close on the acquisition of the Collateral. Secured Party reserves the right to credit bid at the sale. Secured Party also reserves the right to adjourn, continue, or cancel the sale without further notice. Other terms and conditions of the sale are set forth in the Terms & Conditions.

You are entitled to an accounting of the unpaid indebtedness secured by the Collateral that we intend to sell for no additional charge. You may request an accounting by calling Joshua Olshin of Auction Advisors at: 212-375-1222 ext 705. Pledgor will remain obligated for any deficiency on the debt owed to Secured Party existing after the sale of the Collateral. Any surplus will be remitted to the Pledgors.

Certain additional but limited information available to Secured Party regarding the Company will be made available via a secure data room to prospective bidders who execute a non-disclosure agreement. Such non-disclosure agreement, and other information and due diligence materials may be obtained by visiting www.AuctionAdvisors.com.

Any interested bidder must satisfy the requirements to be a “qualified bidder” by no later than 11:00 AM Eastern Time on March 30, 2026.

The auction of the Collateral will commence at 2:00 P.M. Eastern Time on March 31, 2026.

Schedule 1

Ownership Interest Pledge Agreement

Ownership Interest Pledge Agreement dated as of October 11, 2022, executed by Kenneth J. Horgan, Kevin Scott Bente, and Maria Cirino with respect to the loan made to Maria Cirino.

UCC Filings

Massachusetts