Firm Description and Types of Advisory Services Capital Square, LLC is a Registered Investment Advisor that provides investment advice to individuals, trusts, and estates. Capital Square was founded on January 9, 2017. Principal Owners Three partners own Capital Square as follows: Sandy Maddox – Managing Partner and Chief Compliance Officer - 45% owner Stacy Eaton – Secretary - 45% owner Jeff Shelton – 10% owner Types of Advisory Services Capital Square offers the following types of advisory services: financial planning, retirement planning, discretionary and non-discretionary portfolio management and investment advice for individuals, businesses, non-profits, foundations, and endowments. Capital Square, LLC, depending upon the engagement, offers its services on a fee basis which may include hourly and/or fixed fees as well as fees based upon assets under management or under advisement. Before engaging Capital Square, LLC, to provide any of the foregoing investment advisory services, the client will be required to enter into one or more written agreements with Capital Square, LLC, setting forth the terms and conditions under which Capital Square, LLC, shall render its services. Capital Square also provides continuous advice to clients regarding the investment of client funds based on the individual needs of the client. Through personal discussions in which goals and objectives based on a client’s particular circumstances are established, Capital Square will manage advisory accounts on a discretionary and/or non-discretionary basis. Account supervision is guided by the stated objectives of the client (i.e., speculation, growth, income, growth and income, etc.). Capital Square will create a portfolio based on the stated goals consisting of one or all of the following: individual equities, bonds, other investment products, no-load or load-waived mutual funds and exchange-traded funds. Capital Square will allocate the client’s assets among various investments taking into consideration the overall management style and objectives stated by the client. Mutual funds will be selected based on any or all of the following factors: the fund’s performance history, industry sector in which the fund invests, the track record of the fund manager, fund’s investment objective, fund’s management style, and the fund’s management fee structure. Portfolio weighting will be determined by the client’s objectives and individual needs. Clients can place investment restrictions on the types of investments if they so choose. The client maintains individual ownership of all securities in their account. Capital Square does not commingle any funds with clients. When appropriate, Capital Square may recommend the use of margin transactions or options transactions. Because these investment strategies involve a certain degree of additional risk, they are only recommended when consistent with the client objectives and risk tolerance. 6 | P a g e Financial Planning Capital Square also provides financial planning for clients and non-clients through our Investment Supervisory Services. Financial planning may address any or all of the following areas:
• Personal: family records, budgeting, personal liability, estate information, and financial goals.
• Education: college planning, private school planning.
• Death and Disability: cash needs at death, income needs for surviving spouse, estate planning and disability income needs.
• Retirement: retirement goals and strategies
• Estates: trusts, wills, estate tax, powers of attorney
• Insurance: review existing policies, structure new policies. Financial planning clients may receive a written report, providing a detailed financial plan designed to achieve their stated goals and objectives. A financial plan may also include some or all of the following topics as applicable: clarifying and prioritizing goals, cash management, retirement planning, education planning, risk management, income tax planning, estate tax planning, and investment planning. Capital Square gathers required information through

in-depth personal interviews. Information gathered includes the client’s current financial states, future goals, and risk tolerances. Related documents include a questionnaire completed by the client, tax returns, investment statements, wills, and trusts. After careful analysis and review, a written report is provided with recommendations provided in the plan. Capital Square suggests that the client works closely with their attorney and accountant. Capital Square does not give legal or tax advice. Implementation of the plan recommendations is solely the client’s responsibility. Financial planning recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company. Capital Square may recommend the services of itself and/or other professionals to implement financial planning and consulting recommendations. Clients are advised that a conflict of interest exists if Capital Square recommends its services. A client is under no obligation to act upon any of the recommendations made by Capital Square under a financial planning/consulting engagement and/or engage the services of any such recommended professional, including Capital Square or Capital Square’s affiliated insurance agency. The client retains absolute discretion over the implementation of all such financial planning/consulting decisions and is free to accept or reject any of the recommendations by Capital Square. Tailored Relationships Capital Square tailors’ advisory services to the individual needs of the client. Clients may impose restrictions on investing in certain securities or types of securities. All limitations and restrictions placed on accounts must be delivered to Capital Square in writing. Information for all clients: Each client is advised that it remains a client’s responsibility to promptly notify Capital Square if there is ever any change in a client’s financial situation or investment objective 7 | P a g e for the purpose of reviewing, evaluating, or revising Capital Square’s previous recommendations and/or services. Investment Management Services Based on a client’s individual circumstances, Capital Square will manage a client portfolio(s) of investment assets. Clients may grant Capital Square discretionary authority to manage client portfolios by arranging for the purchase and sale of client investments through the client’s investment account(s), or Capital Square may provide nondiscretionary services requiring the consent of the client before Capital Square arranging for the purchase or sale of any investment. Capital Square will primarily allocate clients’ investment management assets among stocks, bonds, mutual funds, and exchange-traded funds. Capital Square may also exercise the discretionary authority provided by the client to select a third party, unaffiliated investment manager to the extent it determines necessary for specific investment management services, primarily involving the management of large fixed income securities portfolios. Capital Square also may render non-discretionary advice to clients relative to (1) variable life/annuity products that they may own, and/or (2) their individual employer-sponsored retirement plans. In so doing, Capital Square either directs or recommends the allocation of client assets among the various mutual funds available within the variable life/annuity product or retirement plan. The client assets shall be maintained at either the specific insurance company that issued the variable life/annuity product, which is owned by the client or at the custodian designated by the sponsor of the client’s retirement plan. Wrap Fee Programs Capital Square does not participate in a wrap fee program but may provide Wrap Fee Programs from third parties as investment alternatives for investment portfolios. Client Assets As of December 2023, Capital Square managed $ 302 million in assets; approximately $301 million is managed on a discretionary basis, and approximately $811 thousand is managed on a non- discretionary basis. 8 | P a g e