HISTORY, ORGANIZATION, LEADERSHIP, AND PRINCIPAL OWNERS Lake Street Advisors Group, LLC d/b/a Lake Street Advisors (“LSA”) is a registered investment adviser. LSA is a limited liability company formed under Delaware law on January 6, 2017. Founded in 2003 as Lake Street Advisors, LLC, today LSA serves about 79 high-wealth family clients. Beginning January 1, 2023, Joe Chase is the managing partner who serves as LSA’s chief executive and oversees a team of about 45 employees. Partners Joe Chase, Buddy Webb, Carolyn Decker, Melissa Olszak, and Shawn Valliere (beginning on January 1, 2023) are officers and directors and are responsible for client service and relationship management. Joe and Buddy are members of the Leadership Team which also includes officers and directors; Bev Daly (Chief Talent Officer) and Matthew Kreger (Chief Compliance Officer and Chief Financial Officer). Joe and the Leadership Team are responsible for management, supervision, and oversight of the LSA business. FOCUS FINANCIAL PARTNERS LSA is part of the Focus Financial Partners, LLC (“Focus LLC”) partnership. Specifically, LSA is a wholly-owned indirect subsidiary of Focus LLC. Focus Financial Partners Inc. is the sole managing member of Focus LLC. Ultimate governance of Focus LLC is conducted through the board of directors at Ferdinand FFP Ultimate Holdings, LP. Focus LLC is majority- owned, indirectly and collectively, by investment vehicles affiliated with Clayton, Dubilier & Rice, LLC (“CD&R”). Investment vehicles affiliated with Stone Point Capital LLC (“Stone Point”) are indirect owners of Focus LLC. Because LSA is an indirect, wholly-owned subsidiary of Focus LLC, CD&R and Stone Point investment vehicles are indirect owners of LSA. Focus LLC also owns other registered investment advisers, broker-dealers, pension consultants, insurance firms, business managers and other firms (the “Focus Partners”), most of which provide wealth management, benefit consulting and investment consulting services to individuals, families, employers, and institutions. Some Focus Partners also manage or advise limited partnerships, private funds, or investment companies as disclosed on their respective Form ADVs. MULTI-FAMILY OFFICE AND WEALTH MANAGEMENT SERVICES LSA is a boutique Multi-Family Office (MFO) wealth manager serving high-wealth family clients. LSA prides itself on being an independent, fee-only adviser and is never compensated based on transactions or product sales. LSA provides comprehensive and holistic family office and wealth management services tailored to each family client’s unique circumstances, objectives, and risk tolerance. Our service offering includes:  Holistic Financial Planning  Asset Allocation, Investment Management, and Selection of Other advisers (Hedge Funds and Private Equity)  Financial Reporting (Personal Balance Sheet or Net Worth)  Cash Flow and Liquidity Reporting  Gift & Estate Planning  Insurance and Asset Protection Planning  Income Tax Planning  Other Optional Services such as Bill Payment Administration and Concierge Services LSA works with each client to gather all relevant information from other professional advisers; accountants, attorneys, insurers, etc. to assemble a client’s financial profile so LSA can make well-informed recommendations that are suitable and in the client’s best interest. LSA acts as a project manager to coordinate the activities of the other professional advisers developing the family financial plan and to maintain it into the future with regular reviews and updates. FINANCIAL PLANNING SERVICES LSA may perform certain financial planning services as a stand-alone offering. These services may be done for a fixed annual fee and can be provided under the terms of an Engagement Letter mutually agreed to by LSA and a client. Financial planning services are generally included when a client enters into an Investment Advisory Agreement with LSA and clients may incur an additional fixed fee depending on the complexity of the financial planning services needed. INVESTMENT MANAGEMENT SERVICES LSA offers discretionary and non-discretionary investment management services. Investment recommendations are tailored to meet each client’s unique circumstances, objectives, and risk tolerance. The LSA team assigned to a client will include a partner and a dedicated Wealth Advisor who will coordinate with the investment team. Based on all the information assembled in the client profile, the Wealth Advisor will work with the investment team’s investment manager and investment analyst to customize a portfolio designed to meet the client’s goals. After a client portfolio has been constructed, it will be regularly monitored by LSA’s investment team and rebalanced periodically

based on any changes in market conditions or changes to the client’s circumstances. In addition to advising on any legacy securities held in a client’s portfolio at the inception of a relationship, LSA’s recommendations regarding investments may include, but not be limited to, the following types:  Certificates of Deposit (CDs)  Money Market Mutual Funds  Commercial Paper  Municipal Securities  US Government Securities  Corporate Debt Securities  Warrants  Equity Securities (Stocks)  Exchange Traded Funds (ETFs)  Investment Company Securities (Mutual Funds)  Variable Annuities  Variable Life insurance  Options Contracts (On Securities and Commodities)  Futures Contracts (On Securities and Commodities)  Limited Partnerships (Real Estate, Oil and Gas Interests Etc.)  Hedge Funds / Private Equity / Venture Capital / Other Advisers LSA’s recommendations are not limited to any specific product or service offered by a broker-dealer, investment company, or insurer. LSA is independent and will select investments that are solely in the client’s best interest. Discretionary investment management services may be engaged in the Investment Advisory Agreement. Such authorization will grant LSA discretionary trading authorization to determine the specific securities to buy or sell and the amount of each transaction without requiring the client’s approval prior for each transaction. Discretionary trading authority must also be granted by the client to LSA on the appropriate forms for each broker-dealer or custodian where the assets will be held. Any client entering into an Investment Advisory Agreement with LSA may have a non-discretionary arrangement where LSA must obtain approval from the client prior to executing any transactions. LSA may use one or more other advisers to manage a portion of a client portfolio on a discretionary basis. Other advisers may use a pre-defined investment strategy or model portfolio. LSA will regularly monitor the performance of recommended advisors and may make recommendations to replace or terminate any advisor. LSA will honor any reasonable client-imposed restrictions to avoid investments in specific securities, security types, industries, etc. in an effort to have the portfolio reflect each client’s unique set of values. ERISA LSA is a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) with respect to investment management services and investment advice provided to ERISA plan clients, including ERISA plan participants. LSA is also a fiduciary under the Internal Revenue Code (the “IRC”) with respect to investment management services and investment advice provided to ERISA plans, ERISA plan participants, IRAs and IRA owners (collectively, “Retirement Account Clients”). As such, LSA is subject to specific duties and obligations under ERISA and the IRC that include, among other things, prohibited transaction rules which are intended to prohibit fiduciaries from acting on conflicts of interest. When a fiduciary gives advice in which it has a conflict of interest, the fiduciary must either avoid or eliminate the conflict or rely upon a prohibited transaction exemption (a “PTE”). REGULATORY ASSETS UNDER MANAGEMENT As of December 31, 2023, LSA manages approximately $3.108 Billion in Regulatory Assets Under Management (RAUM) of which approximately $1.262 Billion represents Discretionary RAUM and $1.846 Billion represents Non-Discretionary RAUM. CLIENT OBLIGATIONS In performing advisory services to a client, LSA will rely on the accuracy and completeness of information provided by the client and any other advisers and LSA is expressly authorized by the client to rely on the information provided. Each client is advised that it is the client’s responsibility to promptly notify LSA if there is ever any material change in the client’s family circumstances, financial situation, investment objectives, risk tolerances, etc. so that LSA may promptly review, evaluate, and revise LSA’s previous recommendations. RELATIONSHIP SUMMARY (FORM CRS) AND BROCHURE - DISCLOSURE DOCUMENT DELIVERY The Investment Advisors Act of 1940’s Brochure Rule requires LSA to provide each client and prospective client a Form CRS, a relationship summary, a Form ADV Part 2A (Brochure). LSA must deliver the Form CRS and a Brochure to a client at or before the client enters into an Investment Advisory Agreement. Also, on an annual basis 120 days after year end, LSA must deliver each client a Summary of Material Changes along with an offer to request a copy of the full Brochure and receive it at no cost to the client. A copy of the Lake Street Advisors complete brochure is available by email to [email protected]