F/m Investments, LLC (“F/m”, the “Firm”, the “Adviser”, “we”, “us” or “our”) is a Delaware Limited Liability Company that provides discretionary investment supervisory services and other advisory services to a wide variety of clients. F/m does business as Genoa Asset Management, LLC (“GAM”), Integrated Alpha Investments, LLC (“Integrated Alpha”), Oakhurst Capital Management, LLC (“OCM”) and North Slope Capital, LLC (“North Slope”). The Adviser was founded in 2019 and is principally owned by ZCM. ZCM is a wholly owned subsidiary of FMG, a subsidiary of 1251 Capital Group, Inc. (“1251 Capital”), a financial services holding company. As of March 31, 2024, F/m has statutory assets under discretionary management of $12.9. billion and non- discretionary assets of $53.6 million. The advisory services of F/m are described in detail below. Investment Management Services F/m provides investment management services to institutional and individual investors through separately managed accounts(“SMAs”), open-end mutual funds and exchange traded funds (“ETFs”), and model-based accounts. The services involve managing each client’s account on a continuous basis and purchasing and selling investments in the account as F/m’s professional staff deems necessary by using discretionary authority granted to F/m by the client. Types of securities managed include stocks, bonds, options, mutual funds, and ETFs. Some of these positions generally are used for “hedging” purposes and are designed to reduce, but not necessarily eliminate, the risk in various client portfolios. Clients may impose restrictions on investing in certain securities or types of securities. We manage client portfolios in accordance with their investment policies and use reasonably available resources to comply with investment restrictions, when applicable. At our sole discretion, we will manage legacy portfolios within a SMA. F/m manages portfolios not involving continuous investment supervisory services. These services are provided when F/m is retained to perform a particular function not involving specific knowledge of other assets of the client. An example of such a service is the management of an institution’s bond portfolio, but not other securities within the client’s investment portfolio. F/m also provides sub-advisory services to both affiliated and unaffiliated asset managers by furnishing its investment strategies to the asset manager’s clients. The initial investment and asset allocation recommendations are based on the financial information gathered from, or provided by, each client including a complete Investment Policy Statement, investment restrictions requested by the client, or overall financial condition. Based on this information, the client is provided with initial investment recommendations designed to provide an appropriate asset mix consistent with the client’s objectives. The client’s portfolio and its performance are then monitored by the client’s Client Service Representative (“Client Service Rep”), and the portfolio management team, for consistency with the client’s stated goals and objectives. Portfolio management teams will also monitor portfolios collectively, at the strategy level. The frequency of these reviews and transactions made for a client’s accounts are determined by the Client Service Rep. Clients are free to contact their Client Service Rep at any time if they have questions about their accounts. F/m does not assure or guarantee the results of its discretionary supervisory services. Thus, losses can occur from following F/m’s advice pertaining to any investment or investment approach, including using conservative investment strategies. Additionally, F/m also designs and constructs specialized portfolios and provides consulting services tailored to meet specific client mandates. F/m also acts as a Qualified Professional Asset Manager (“QPAM”) under the Employee Retirement Income Security Act of 1974 (“ERISA”), providing requested guidance on specific transactions related to particular assets of employee benefit plan investors. Services to Mutual Funds and ETFs F/m acts as an Adviser or Sub-Adviser to unaffiliated mutual funds and ETFs (known collectively as “Managed Funds”). Interested investors should refer to each respective fund’s prospectus and statement of additional information (“SAI”), or other similar document, for important information regarding objectives, investments, time- horizon, risks, fees, and additional disclosures. These documents are available on-line at each fund’s website. Prior to making any investment in any mutual

fund or ETF, investors and prospective investors should carefully review these documents for a comprehensive understanding of the terms and conditions applicable for investment in that fund. Advisory Services for Wrap Programs and Model Investment Portfolios F/m acts as a discretionary investment manager for one or more unaffiliated broker-sponsored (the “Wrap Sponsors”) wrap-fee programs (“Wrap Programs”). Clients participating in wrap programs may be charged various program fees in addition to the advisory fee charged by us. F/m provides asset management services to clients that select F/m to manage their accounts through their respective Wrap Sponsor. We manage the program accounts in accordance with their investment policies and will use reasonably available resources to comply with investment restrictions, when applicable. There may be differences in the performance of wrap portfolios among F/m clients and other institutional accounts invested in similar strategies we manage for other clients, resulting from differences in the number of securities held in the portfolio, cash availability, investment restrictions, account sizes, tax considerations, and other factors. The Wrap Sponsor generally pays F/m a fee based on assets managed in connection with the program. The fees we receive in connection with Wrap Programs may vary from fees charged to other clients and between Wrap Programs. For our services, we receive a portion of the total wrap fee charged by the Wrap Sponsor. We also provide model investment portfolios (“Models”) to various outside financial institutions (each a “Model Provider”) for their unified managed account programs and other model-driven investment vehicles (“Model Programs”). The Models contain our current investment recommendations as to the composition of a portfolio that would be purchased for an account managed in accordance with the relevant investment strategy. The recommendations generally reflect the investment recommendations and security weightings simultaneously being made for our discretionary institutional and high-net-worth clients within the same investment strategy. The Model Provider may implement our Model recommendations on its own trading platform for the clients that have chosen to participate in the program. Model Providers may choose to implement some or all of our recommendations in terms of both the securities and/or the weightings. As securities and weightings change in the Model, those modifications are communicated to the Model Providers, consistent with our trade rotation practices, as referenced in Item 12 – Brokerage Practices. There is no requirement that the Models be administered as they are provided, or at all, and we generally do not monitor or supervise the Model Programs administered by the outside Model Provider. As a result, the performance of our discretionary accounts and those of the Models using the same investment strategy may differ for these and other reasons. Generally, Wrap Program and Model Program accounts using the same investment strategy may perform similarly, however, there could be performance differences between them. Performance dispersion can occur because F/m does not have trading discretion over the Model Program accounts. Sweep vehicle choices are determined by each custodian and we may not have tax-exempt sweep vehicles to choose from with every custodian. This could result in tax-exempt mandates utilizing a taxable sweep vehicle and, thereby, generating taxable income. Other Advisory Services F/m also provides other advisory services to high-net-worth individuals, corporations, endowments/foundations, retirement plans, and retirement plan participants. These advisory and consulting services include: helping formulate client investment objectives; identifying risk tolerance characteristics; developing Investment Policy Statements; creating asset allocation strategies driven by the client’s policy or risk profile; searching for suitable investment managers, mutual funds and/or investment products (e.g., stocks and bonds) to implement these strategies; and continuous monitoring, evaluation and reporting on client accounts. Portfolio Managers of client accounts may also be Portfolio Managers to mutual funds or ETFs recommended to clients, and thus have a conflict of interest when recommending these funds to clients. F/m intends to base recommendations on the best interests of its clients. Although F/m believes its services are competitively priced; clients may be able to obtain similar advisory services at lower prices if purchased elsewhere.