The Advisory Firm Pictet North America Advisors SA (PNAA) is a corporation organized under the laws of Switzerland, a wealth manager under the Swiss Financial Institutions Services Act (FinIA) with its head office in Geneva, and a representative office in Zurich. PNAA is registered as an investment adviser with the SEC and has been in business for 15 years. PNAA is also an exempt international adviser in the provinces of Québec, Ontario, Alberta, Nova Scotia and British-Columbia in Canada. These registrations and appointments do not imply a certain level of skill or training. PNAA is part of the Pictet Group. PNAA completes a Form ADV which contains additional information about its business and its affiliates. This document is filed with the SEC and is publicly available through the SEC’s website: http://www.adviserinfo.sec.gov/IAPD/IAPDFirmSummary.aspx?ORG_PK=142512. (PNAA’s IARD Number is 142512 and its SEC Number is 801-67491). The Types of Advisory Services We provide both discretionary investment services and non-discretionary investment services mainly to individuals, trusts, estates, private funds, charitable organizations and small corporations or similar small business entities and mainly to U.S. persons. a) Discretionary Mandate Clients who wish to receive discretionary investment services will sign a Discretionary Asset Management Mandate (‘’Discretionary Mandate’’) with PNAA. Under this Discretionary Mandate, PNAA is authorized to manage the assets on a fully discretionary basis, according to the client’s investment needs, objectives and restrictions. Under the Discretionary Mandate, PNAA will be solely responsible for determining the account's asset allocation and for investing the account’s assets subject to restrictions, if any. PNAA will periodically review and update discretionary accounts’ asset allocation and holdings, such as in response to economic, political or market conditions. See Item 8 below for more details on methods of analysis, investment strategies and risk of loss. b) Non-discretionary Mandate Clients who wish to receive non-discretionary investment services will sign an Advisory Mandate (“Advisory Mandate’’) with PNAA. Under the Advisory Mandate, PNAA will provide investment advisory advice upon request and will respond within a reasonable time frame to the client’s telephone calls or e- mail requesting discussion regarding PNAA’s views and recommendations concerning securities, currencies, securities markets and market trends, and related investment options, strategies, and opportunities, and will discuss the foregoing with clients at reasonable length. PNAA will also, but is not obligated to, contact the client from time to time (by phone, email, letter, or other means) with recommendations that we believe are appropriate for the client based on the Client Investment

Profile. PNAA’s investment recommendations under this Mandate relate (but are not limited) to stocks and other equity securities, bonds and other debt securities, money market and other cash management instruments, derivatives, mutual funds, exchange-traded funds and other investments. Under the Advisory Mandate, the client will be solely responsible for making all investment decisions and PNAA will not have any discretionary authority over the client’s account, will not regularly monitor positions held in a client’s securities portfolio, and will not be responsible for automatically updating any information or recommendations previously provided, subject to adhering to PNAA’s fiduciary relationship standards. In addition, PNAA is not registered as a securities broker-dealer and, therefore, does not provide brokerage services. As per the terms of the Advisory Mandate, PNAA will not monitor the client’s investment portfolio (even held in the custody of an affiliate of PNAA) or other assets to determine whether changes should be made thereto. Lastly, PNAA will not monitor information that it previously provided or recommendations it previously made to the client to determine whether such information and recommendations require updating to reflect changed market conditions or changes to the client’s investment profile. See Item 8 below for more details on methods of analysis, investment strategies and risk of loss. Client Needs & Restrictions We tailor our advisory services to the individual needs of clients based on the information they provide to us in the Client Investment Profile (as updated from time to time by the clients). Also, we generally permit discretionary clients to impose restrictions on their accounts such as on certain securities or types of securities. We generally do not permit advisory (non-discretionary) clients to impose restrictions on their accounts, as these accounts are managed on a non-discretionary basis and any restrictions desired by the client would be self-imposed. Amount of Clients’ Assets Under Management As of January 31, 2023, we provide advice regarding assets representing approximately $4,465,219,073 on a discretionary basis and $3,231,405,894 on a non-discretionary basis, for a total of approximately $7,696,624,967. For greater clarity relating to the figures set out in Form ADV Part 1 (Item 5. F) as filed on the SEC website, note that we do not provide “continuous and regular supervisory services” as defined in the above-mentioned Form ADV Part 1 for non-discretionary clients (see b) above for a description of this category of clients and the services provided to them). For this reason, we have not included the assets relating to such non-discretionary clients in ADV Part 1 but are including them here.