A. Description of the Advisory Firm EC is a Limited Liability Company organized in the State of Pennsylvania. The Firm was formed in March 2010, and the principal owner is Parmer 2016 Family Continuity Trust, which maintains co- beneficial owners, including Adam Parmer (“Mr. Parmer”), who serves as the Firm’s Chief Investment Officer (CIO). B. Types of Advisory Services Portfolio Management Services EC offers ongoing portfolio management services based on the individual goals, objectives, time horizon, and risk tolerance of each client (also referred to herein as “you” or “your”). EC creates an Investment Policy Statement for each client, which outlines the client’s current situation (income, net worth, time horizon, existing portfolio holdings, investment experience, tax levels, and risk tolerance levels) and then constructs a plan to aid in the selection of a portfolio that matches each client's specific situation. Portfolio management services include, but are not limited to, the following:
• Investment strategy
• Personal investment policy
• Asset allocation
• Asset selection
• Risk tolerance
• Active portfolio monitoring EC evaluates the current investments of each client with respect to their risk tolerance levels and time horizon. EC will request discretionary authority from clients in order to select securities and execute transactions without obtaining permission from the client prior to each transaction. Risk tolerance levels are documented in the Investment Policy Statement, which is given to each client. EC seeks to ensure that investment decisions are made in accordance with the fiduciary duties owed to its accounts and without consideration of the Firm’s economic, investment, or other financial interests. To meet its fiduciary obligations, EC attempts to avoid, among other things, investment or trading practices that systematically advantage or disadvantage certain client portfolios, and accordingly, the Firm’s policy is to seek fair and equitable allocation of investment opportunities/transactions among its clients to avoid favoring one client over another over time. It is EC’s policy to allocate investment opportunities and transactions it identifies as being appropriate and prudent among its clients on a fair and equitable basis over time. EC has partnered with LinkBank to offer our clients a special rate on cash deposits. This partnership will serve clients who are looking for specialized cash management as well as accounts for which we are implementing an investment strategy. Assets will be held on deposit at LinkBank and will transfer to the client’s brokerage account as needed. To participate in this program, which is voluntary, clients will be required to open an account with LinkBank and authorize EC to transfer assets between the LinkBank account and the client’s account at the custodian. Assets are fully liquid and are not held to a specific term. LinkBank and EC are not related entities. There is no cost in addition to our fee agreement related to these services. Potential risks include limited FDIC coverage for large accounts, better rates through money market funds, and the liquidity and solvency of LinkBank. EC will continue to monitor rates on available money market instruments. If a more advantageous rate is found, we intend to shift client assets to that higher rate instrument. Enhancing Capital LLC 2A Disclosure Brochure Page 5 Services Limited to Specific Types of Investments EC generally limits its investment advice to mutual funds; fixed income securities, including U.S. Treasury inflation-protected securities (“TIPS”) and inflation-linked bonds; real estate funds (including REITs); equities, including common stocks

and exchange-traded funds (“ETFs”); derivatives, options, and alternatives; and private placements, including the Firm’s sponsored private fund offering. EC may use other securities as well to help diversify a portfolio where deemed necessary. Where appropriate, EC may also provide advice about any type of legacy position or other investments held in client portfolios. Clients may engage EC to manage and/or advise on certain investment products that are not maintained at their primary custodian, such as assets held in employer sponsored retirement plans and qualified tuition plans (i.e., 529 plans). In these situations, EC directs or recommends the allocation of client assets among the various investment options available with the product. These assets are generally maintained at the underwriting insurance company, or the custodian designated by the product’s provider. Written Acknowledgment of Fiduciary Status When EC provides investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (furnish prudent advice);
• Never put our financial interests ahead of yours when making recommendations (offer loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest. C. Client-Tailored Services and Client-Imposed Restrictions EC tailors a program for each individual client. This includes an interview session to get to know the client’s specific needs and requirements as well as a plan that EC will execute on the client’s behalf. EC may use model allocations together with a specific set of recommendations for each client based on their personal restrictions, needs, and targets. Clients may not impose restrictions on investing in certain securities or types of securities in accordance with their values or beliefs. Although EC is the sponsor and investment manager of a private fund, Enhancing Capital Partners, LP (“ECP”), and may recommend third-party private fund offerings, the underlying investor (“Limited Partner”) may not request restrictions with regard to the management of those investments. The private placement memorandum (“PPM”) applicable to each private-fund investment will describe the investment strategies, risks, and other pertinent information. Investors are encouraged to read the PPM carefully before investing. Enhancing Capital LLC 2A Disclosure Brochure Page 6 EC, as an accommodation, may accept portfolio holdings that were acquired by investors prior to their onboarding with the Firm (“Legacy Assets”). D. Wrap Fee Programs A wrap fee program is an investment program where the investor pays one stated fee that includes management fees, transaction costs, fund expenses, and other administrative fees. EC does not participate in any wrap fee programs. E. Regulatory Assets Under Management As of December 31, 2023, EC had approximately $297,667.943.00 in regulatory assets under management, all of which were managed on a discretionary basis.