October 30th, 2021 Collector Motor Series Seller and Buyer P

February 1, 2022

From: Henderson Auctions To: Investar Bank, NA Attn: Mr. Casey Thornton, Special Assets Officer Subject: Henderson Auctions ( HA ) Proposal to Investar Bank ( IB ) for the disposition of certain assets that served as collateral for a loan to Dean Classic Cars, LLC. (DCC)

HA and IB will jointly retain Mr. Gary R. Bennett (biography on following page) to inspect and appraise the assets for the purpose of estimating expected auction values. The cost for the retainer and expenses of Mr. Bennett will be borne by HA . Mr. Bennett will share with HA and IB his conclusions and any relevant information he acquires that might help inform and guide HA and IB to make the best decisions for liquidation of the assets. IB will write a letter of introduction for Mr. Bennett that explains that he has been retained by IB for the purpose of inspection of the assets. IB or their counsel will communicate, as necessary, with various parties that have physical possession of the assets, in order to facilitate Mr. Bennet’s inspection. Neither HA nor IB will share the information provided by Mr. Bennett with any other party. Upon completion of Mr. Bennett’s report, HA will submit a proposal to IB that will offer the following options from which to choose (Any of these options may require a contractual structure that mitigates risk of debtor bankruptcy or other legal maneuvers that would delay or disrupt auction of assets.): Option 1: Purchase by HA of assets that IB can legally sell, with merchantable title, and physical possession at the time of the agreement. HA to pay $ ______________ for these assets. IB would receive payment upon completion of title transfer and affirmation of possession. HA would have no objection to escrow with Kean Miller. - Includes consignment commitment by IB for the remaining assets that can be captured to our May 21st auction in Birmingham, Alabama. Those assets would be sold by HA without reserve with IB receiving _____ % of the hammer price. HA would retain the Buyer’s Premium. HA will guarantee no less than $ _____________ for assets that IB can legally sell, with merchantable title and physical possession at the time of the agreement. IB will receive ____ % of every dollar realized above the guaranteed amount. Funds to be disbursed to IB within 15 banking days of completion of the auction. - Includes consignment commitment by IB for the remaining assets that can be captured to our May 21st auction in Birmingham, Alabama. Those assets would be sold by HA without reserve IB receiving _____ % of the hammer price. HA would retain the Buyer’s Premium. Option 2: Guarantee of Auction Result

Option 3: Direct consignment by IB of all DCC assets to May 21st auction.

HA will market and auction the assets without reserve and IB will receive ____ % of the hammer price. HA would retain the Buyer’s Premium. LOUISIANA AUCTIONEERS ASSN., INC. LAA 65