[External] Approval Letter / RES Yadkin 03 UMBI & Falcon Ridge Mitigation Site / SAW-2022-00242 / Randolph County

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Ryan,

Please see the attached letter approving the RES Yadkin 03 Umbrella Mitigation Bank and the Falcon Ridge Site Final Mitigation Plan (SAW-2022-00424). The signed UMBI is included as
an attachment to this letter. This electronic copy is your official Department of the Army authorization; no paper copy will be mailed unless you request a copy. Please note that
this approval letter does not release any credits. In order to receive the initial credit release, please provide us with documentation necessary to demonstrate that you have completed
all necessary actions (establishment of endowment, financial assurances, etc.) along with a letter that requests the amount and type of credits to be released.

Please let me know if you have any questions.

Thank you,

Todd Tugwell

Chief, Mitigation Branch

Regulatory Division

Wilmington District, USACE

[phone]