Description of Advisory Firm Formed in March 2020, Newbore Wealth Management, Inc., also conducting business as “CCCU Wealth Management” (“NWM,” “firm,” “we,” “our,” and “us”), is an Oregon corporation headquartered in Gladstone, Oregon. The firm is owned by David M. Newbore. Mr. Newbore has been providing retirement and financial services since 2012. Services NWM offers Investment Management and Financial Consulting Services to a variety of Clients (hereinafter, “you,” “your,” and “Client”), including through unaffiliated credit unions. NWM’s Investment Management Services include ongoing discretionary account management services to investment accounts designated by the Client. Our Financial Consulting Services include, but are not limited to, advice regarding some or all of the following financial topics, as requested by the Client:
• Income Tax Planning (strategies for investment vehicles and sales to account for tax liability)
• Asset Allocation (planning for risk and when withdrawals are needed)
• Investment Planning (planning for outcomes, without ongoing oversight)
• Retirement Planning (planning for outcomes specifically related to retirement, without ongoing oversight)
• Estate & Legacy Planning (planning for family, as well as charitable giving options)
• Insurance Planning (risk management services in the areas of life insurance, disability income insurance, and long-term care insurance)
• Cash Flow Management (planning for investments to ensure positive and stable cash flow)
• Educational Planning (planning for private school tuition, as well as college financial planning)
• Executive Compensation and Benefit Analysis (strategies for understanding executive compensation and benefits)
• Business Succession Planning (strategies for ensuring continuity of business, and peace of mind with family ownership and operation)
• Other Projects (as mutually agreed) Our Financial Consulting Services and Investment Management Services can each be engaged on a stand-alone basis or be combined at the Client’s option to achieve a more comprehensive package of wealth management services. When you engage us for Financial Planning Services, we will consult with you as necessary (in view of the scope of our engagement) to discuss your unique financial circumstances, investment objectives and needs, tolerance for risk, time horizon for investments, and any particular topics of financial concern. We will review pertinent financial documents and information provided by you, analyze your unique financial circumstances, and present you with our recommendations. Typically, our recommendations will include a summary of your financial circumstances and a course of actions and/or investment advice designed to assist you in achieving your stated financial goals. Our recommendations may be delivered to you in the form of a formal written financial plan,

a shorter written report or checklist, and/or via informal discussions with you (in person, telephonically, or via e-mail). You maintain the sole discretion to accept or reject any of our recommendations under this service. Unless we otherwise agree, you will be responsible for implementation and monitoring of all investments and we will only review and update your financial plan only upon your request. At your request, we may assist you with the implementation of certain investments, however, you are never obligated to engage us for these additional services. Additional fees for financial plan updates and implementation services may apply. When you engage us for Investment Management Services we will maintain an ongoing relationship with you and consult with you periodically (but not less frequently than annually) to discuss changes in your personal or financial situation and investment goals, suitability, and any new or revised restrictions you may wish to impose on our management of your account(s). As part of these services, you will typically be required to grant us discretionary authority to implement transactions directly within your account held at the independent qualified custodian of your assets without obtaining your consent or approval prior to each specific transaction. We will assist you in investment strategy selection, implement the desired portfolio and strategy within your accounts, and monitor your investments on an ongoing basis, making changes to your holdings from time-to- time as we believe to be appropriate and in your best interests. You always have the ability to request that we avoid transactions in certain securities, industry sectors, and/or asset classes within your account. We will advise you if we are unable to accommodate such requests. Because the information you disclose in the investor profile helps us determine your allocation strategy, you are responsible for communicating all changes in your financial circumstances and investment objectives to us. Therefore, your prompt notification of any changes in your financial circumstances and investment objectives is critical to ensure that your assets are in alignment with your individual needs. Investment Strategies and Types of Securities See Item 8 for a description of the investment strategies we utilize in managing Client accounts. We primarily advise our Clients with respect to mutual funds, exchange traded funds (“ETFs”), individual equity (stocks) and debt (bonds) securities, cash and cash equivalents. We may also provide advice regarding legacy securities held in the Client’s account at the inception of our relationship and other any securities or investments at the request of the Client. Our associated persons may also provide advice regarding insurance products. Assets Under Management As of December 31, 2022, we managed approximately $106 million of Client assets on a discretionary basis and $0 of Client assets on a non-discretionary basis.