Ab o ut MAS EC O As ia Lim it e d MASECO Asia Limited (MASECO) was established in 2016 and is an investment advisory firm providing fee-based wealth management services primarily for private clients based either in the US or Asia. It is a limited company established in Hong Kong (HK Companies Registry #2340717) and has its registered office and principal place of business in Hong Kong. Mark E Scher, Ashley J Scher, Joshua Matthews and James Sellon are the principal owners of MASECO directly. Ashley Scher is Chief Compliance Officer of the firm. Further information regarding Mr. and Mrs. Scher, Mr. Matthews, and Mr. Sellon is located at the end of this brochure. MASECO Asia Limited is a Registered Investment Advisor with the United States Securities and Exchange Commission (SEC). MASECO Asia Limited is authorized and regulated by the Securities and Futures Commission in the Hong Kong to carry out Type 9 asset management activities. S e rvice s o ff e re d b y MAS EC O As ia Lim it e d MASECO offers discretionary asset management services, including wealth management and financial modelling services for its clients. The offering is designed for clients with $500k or more to invest. A. In ve s t m e nt Ma n a g e m e n t MASECO manages discretionary portfolios on behalf of its clients. MASECO adopts a risk-based approach to portfolio construction creating a range of risk-graded model portfolios which generally use institutional asset class strategies to mirror the various sub-asset classes that it believes are suitable for a particular model portfolio. Funds are selected on the basis of various criteria, such as management style, investment philosophy, track record, investment objectives, portfolio composition, risk management, portfolio construction, and fees and expenses. Each portfolio is constructed primarily of mutual funds, exchange traded funds (ETFs), and other pooled investment vehicles, but may also include individual equities (including exchange-listed securities, securities traded over-the-counter or foreign issuers), and bonds (including warrants, corporate debt securities, certificates of deposit, municipal securities and United States governmental securities), as well as fund of hedge funds. While each portfolio is designed to achieve a particular goal and the investments within the portfolio are in turn selected to help achieve that goal, clients are given the opportunity to place reasonable restrictions on the types of investments to be included within their individual account. Clients retain beneficial ownership of all portfolio securities. MASECO regularly monitors the underlying securities in client accounts and rebalances portfolios as necessary. If MASECO believes that a reallocation is required, for example, that a particular investment is performing inadequately, or that a different investment may be more appropriate, it may recommend a different investment and reinvest the assets in accordance with the discretionary authority granted by the client. B. W e a lt h P la n n in g a n d Fin a n cia l Mo d e llin g Incidental to MASECO’s asset management services, wealth planning and financial modelling is part of MASECO’s process to establish a holistic view of the client’s circumstances so as to form a solid foundation for investment recommendations. Wealth Planning will, in general, address any or all of the following

areas: • Tax & Cash Flow: Income and spending analysis and planning for current and future years. We will also illustrate the impact of various investments on a client’s current income tax and future tax liability. • Personal: Family records, budgeting, personal liability, estate information, and financial goals. • Education: Education IRAs, financial aid, state savings and 529 plans, grants, and general assistance in preparing to meet dependents continuing educational needs through development of an education plan. • Death & Disability: Cash needs at death, income needs of surviving dependents, estate planning, and disability income analysis. • Retirement: Analysis of current strategies and investment plans to help the client achieve his or her retirement goals. • Investments: Analysis of investment alternatives and their effect on a client’s portfolio. • Wealth Transfer: Provide an assessment of the most efficient estate planning strategies and outline ways to efficiently pass on wealth based on individual needs, objectives, and priorities. Charitable Giving: If there are charitable giving intentions, we can discuss available options and outline effective ways to meet charitable goals. Through personal discussion and a comprehensive information gathering process, MASECO establishes a client’s attitude to risk and capacity for loss, their goals, objectives, time horizon, liquidity needs, income 7 | FORM ADV | © 2023 MASECO Asia Limited. All rights reserved. Mar 2023 requirements, and investment needs, and by using the information gathered, MASECO determines which of its model portfolios or tailored portfolio is best suited to meet those individual and multiple needs. It may be in certain circumstances that MASECO suggests either making modifications to a portfolio (create a bespoke portfolio) or recommends the portfolio allocation is spread between two or more accounts if this means it can more effectively achieve the required outcome. When portfolios have been determined, MASECO provides the client with a Discretionary Investment Mandate (DIM) that outlines its recommendation. MASECO then manages the portfolio(s) in accordance with the mandate described in the DIM. In order to ensure that MASECO’s initial recommendation of an appropriate portfolio continues to be suitable on an ongoing basis and that the account continues to be managed in a manner fitting the client’s circumstances, MASECO maintains up-to-date client suitability information by scheduling a client review at least once a year. MASECO asks clients, on an annual basis, to confirm that their circumstances have not changed to ensure that the portfolio remains suitable. MASECO requests prompt notification from clients of any material change in their financial circumstances in the meantime that may affect their position. MASECO does not provide custody services, and at no time will it accept or maintain custody of a client’s portfolio or account. MASECO will introduce clients to a non-affiliated third-party platform provider who will be responsible for the safe-keeping and administration of the client’s account. The client is responsible for all custodian and execution fees charged by the platform and executing broker/dealer. C. Am o un t o f m a n a g e d a s s e t s As at 31/12/2022, MASECO managed $63,396,266 of clients’ assets on a discretionary basis.