Operose Advisors LLC is an SEC-registered investment adviser based in Wisconsin and is organized as a Wisconsin limited liability company. The Adviser was founded in 2017 and is principally owned by its founder, Nicholas C. Bauer, through his interest in the Adviser’s holding company, Beulah Holdings LLC (“Beulah Holdings”). Advisory Services The Adviser’s primary business is providing discretionary advisory services to individuals, including high net worth individuals, families and family offices, trusts, closely held businesses, foundations, retirement accounts and retirement plans. The Adviser’s discretionary advisory services include investment policy statement (“IPS”) development, asset class assessment, third- party investment manager search and selection, portfolio construction, performance reporting and back-office support. The Adviser tailors its advisory services to each client’s written investment objectives, guidelines and any reasonable investment restrictions the client may impose on the management of the account. The Adviser also provides such services on a non- discretionary basis. When providing advisory services, the Adviser primarily allocates client assets among various open-end mutual funds, exchange-traded funds (“ETFs”) and alternative investment vehicles. In providing advisory services, the Adviser may also provide advice on legacy investments held in the client’s account. In addition, the Adviser may select or recommend one or more third-party investment managers (“Independent Managers”) to manage all or a portion of the client’s account. Such Independent Managers will have discretion to determine the investments purchased and sold for the portion of the client’s account managed by the Independent Manager. Independent Managers may invest client assets in a variety of investments and employ various investment techniques including, but not limited to, investments in domestic and foreign equity and debt securities, derivatives, hedging and other alternative investment strategies. Clients will enter into agreements with Independent Managers directly.

Each Independent Manager has an obligation to provide clients with a copy of the Independent Manager’s current firm brochure describing, among other items, the Independent Manager’s investment strategies and techniques, as required by applicable federal or state securities laws. Retirement Plan Services The Adviser provides retirement plan services. Retirement plan services include, investment policy statement development, selection of investment options and monitoring of such investments, plan review and analysis, regular plan reporting, participant education, and plan administrator reviews and searches. Consulting Services Additionally, the Adviser offers consulting services and financial planning services to clients. Consulting services include, but are not limited to, IPS review and due diligence relating to investment opportunities, including Independent Managers, performance reporting and back- office support. Financial planning services include, but are not limited to, evaluating a client’s current and future financial needs and objectives, making recommendations to assist the client in determining specific investment objectives, and preparing a written financial plan. When the Adviser performs consulting and financial planning services, we often rely on information provided by the client and their representatives (e.g. accountants, attorneys, other advisers) and are not required to verify such information. The Adviser does not participate in or receive compensation from “wrap fee” programs. The Adviser will not offer any products or services that guarantee rates of return on investments for any time period to any client. All clients will assume the risk that investment returns may be negative or below the rates of return of other investment advisers, market indices or investment products. As of December 31, 2022, the Adviser managed $574,586,928 of client assets on a discretionary basis and $231,161,366 on a non-discretionary basis. In addition, the firm had $909,110,212 of assets under advisement relating to retirement plan and consulting services.