Firm Description PHILLIP B. WHITE CO., INC. Financial Planning. Retirement. Investments (“PBW”) was founded in 2019 and is affiliated with Phillip B. White Company Financial and Insurance Services, Inc., an insurance brokerage firm. PBW provides personalized confidential financial planning and investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations and small businesses. Advice is provided through consultation with the client and may include: determination of financial objectives, identification of financial challenges, cash flow management, tax planning, insurance review, investment management, education funding, retirement planning, and estate planning. PBW is strictly a fee-only financial planning and investment management firm. The firm does not receive commissions for purchasing or selling annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products. As stated above, the firm is affiliated with an insurance brokerage firm. which offers commissioned fixed insurance products to our advisory clients. No commissions in any form are accepted by the advisory firm. No finder’s fees are accepted. Investment advice is an integral part of financial planning. In addition, PBW advises clients regarding cash flow, college planning, retirement planning, tax planning and estate planning. Investment advice is provided, with the client making the final decision on portfolio selection. PBW does not act as a custodian of client assets. The client always maintains asset control. PBW places trades for clients under a limited power of attorney. A written evaluation of each client's initial situation is provided to the client. Periodic reviews are also communicated to provide reminders of the specific courses of action that need to be taken. More frequent reviews occur but are not necessarily communicated to the client unless immediate changes are recommended. Other professionals (e.g., lawyers, accountants, etc.) are engaged directly by the client on an as-needed basis. Conflicts of interest will be disclosed to the client in the unlikely event they should occur. The initial meeting, which may be by telephone, is free of charge and is considered an exploratory interview to determine the extent to which financial planning and investment management may be beneficial to the client. Principal Owners Bruce D White is the sole owner of PHILLIP B. WHITE CO., INC. Types of Advisory Services PBW provides investment supervisory services, also known as asset management services; manages investment advisory accounts not involving investment supervisory services; where assets are managed by third-party managers and furnishes investment advice through consultations. In many instances, PBW furnishes advice to clients on matters not involving securities, such as financial planning matters, taxation issues, and trust services that often include estate planning. As of December 31, 2023, PBW manages $244,442,472.00 in client assets on a discretionary basis for approximately 244 client household relationships. Tailored Relationships The goals and objectives for each client are documented in our client relationship management system. Investment portfolios are structured according to the client’s risk tolerance, and they reflect the stated goals and objectives. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without client consent. Types of Agreements The following agreement defines the typical client relationship.

Advisory Service Agreement Most clients choose to have PBW manage their assets in order to obtain ongoing in-depth advice and financial planning. All aspects of the client’s financial affairs are reviewed, including those of their children if requested. Realistic and measurable goals are set and objectives to reach those goals are defined with the client. As goals and objectives change over time, suggestions and changes are made and implemented on an ongoing basis. The scope of work and fee for an Advisory Service Agreement is provided to the client in writing prior to the start of the relationship. An Advisory Service Agreement includes: cash flow management; insurance review; investment management (including performance reporting); education planning; retirement planning; estate planning, as well as the implementation of recommendations within each area. The annual Advisory Service Agreement fee is based on a percentage of the investable assets according to the following schedule: TAXABLE & NON-TAXABLE ACCOUNTS Tier From To % fee 1st Tier $0 $500,000 1.25% 2nd Tier $500,001 $1,000,000 1.00% 3rd Tier $1,000,001 $2,000,000 0.75% 4th Tier $2,000,001 and up .50% The minimum annual fee is $6,250.00 and is negotiable. Current client relationships may exist where the fees are higher or lower than the fee schedule above. Although the Advisory Service Agreement is an ongoing agreement and revisions may be required, the length of service to the client is at the client’s discretion. The client or the investment manager may terminate an Agreement by written notice to the other party. At termination, fees will be billed on a pro rata basis for the portion of the quarter completed. The portfolio value at the completion of the prior full billing quarter is used as the basis for the fee computation, adjusted for the number of days during the billing quarter prior to termination. Hourly Planning Engagements PBW may provide hourly planning services for clients who need advice on a limited scope of work. The hourly rate for limited scope engagements is $250.00 with a minimum of $500.00. At times, a negotiable flat fee may be charged. Asset Management Assets are invested primarily in no-load or low-load mutual funds and exchange-traded funds, often through discount brokers or mutual fund companies. Fund companies charge each fund shareholder an investment management fee that is disclosed in the fund prospectus. Discount brokerages may charge a transaction fee for the purchase of some funds. Stocks and bonds are generally not purchased unless a client specifically requests such a purchase. Stocks and bonds are purchased through a brokerage account. The brokerage firm charges a fee for stock and bond trades. PBW does not receive any compensation, in any form, from fund companies. Investments may include: investment company securities (variable life insurance, variable annuities, and mutual funds shares). Initial public offerings (IPOs) are not available through PBW. Termination of Agreement A Client may terminate any of the aforementioned agreement at any time by notifying PBW in writing and paying the rate for the time spent on the investment advisory engagement prior to notification of termination. If the client made an advance payment, PBW will refund any unearned portion of the advance payment. PBW may terminate any of the aforementioned agreements at any time by notifying the client in writing. If the client made an advance payment, PBW will refund any unearned portion of the advance payment.