Shepherd's Finance, LLC: auditor change, BDO USA, P.C. to Schneider Downs & Co., Inc.

On August 10, 2026, Shepherd’s Finance, LLC (the “Registrant”) notified BDO USA, P.C. (“BDO”) that it will no longer be retaining BDO as its independent registered public accounting firm to audit the Registrant’s financial statements, effective immediately.

During the Registrant’s two most recent fiscal years and the subsequent interim periods through August 10, 2026, there were no (i) disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K under the Exchange Act and the related instructions to that Item) with BDO on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure

On August 10, 2026, the Registrant engaged Schneider Downs & Co., Inc. (“Schneider Downs”) as its new independent registered public accounting firm to audit the Registrant’s financial statements for the fiscal year ending December 31, 2026.