Taconic Advisors Inc. (“Taconic”) is a fee-only financial planning firm that provides personalized financial planning and investment advisory services to individuals and families. Our principal office is located at 382 Main Street, Saugerties, NY 12477. Taconic was founded in 2002. In 2016, Meredith Briggs became the majority owner. In 2023, John Kelly acquired an ownership interest in Taconic. Taconic offers a wide range of services. Specifically, Taconic distinguishes itself from traditional investment advisory firms by providing services to meet your investment needs, as well as tax and estate planning reviews, risk management, retirement planning, and business development needs. Taconic and Client will enter into an agreement that details the scope of the relationship and responsibilities of both Taconic and Client. Financial planning and investment advice services provided under the agreement are tailored to the stated objectives of the Client(s). For investment advice Taconic will work with the client to identify the client’s financial needs, investment goals and objectives, risk tolerance and time horizons. The result will be comprehensive advice that will allow the client to achieve their unique financial goals and objectives while assuming the appropriate level of risk. Client portfolios will be tailored to meet the client’s specific individual needs. The client will have the opportunity to place reasonable restrictions on the investment in certain securities or the types of securities to be held in the portfolio. Taconic provides the following two types of services: 1. Limited Scope Financial Planning : The services offered under this engagement are limited in their scope to only those financial planning areas specifically outlined in the agreement and do not include implementation of any suggestions or the ongoing or continuous supervision or management of the Client’s securities, cash, or other assets. Clients are under no obligations to follow, either wholly or in part, any recommendations or suggestions provided by Taconic, and Taconic is under no obligation to affect any transactions through Taconic. The engagement ends upon the delivery of Taconic’s recommendations to the client. 2. Open Retainer : This service combines ongoing investment management and financial planning services over the course of a year. Following the first year of service (“Initial Term”), this service renews automatically annually for another year- long term until either Taconic or the client terminates the agreement As a part of the ongoing investment management services offered in the Open Retainer Service, Clients grant Taconic discretionary authority to manage their accounts to execute investment recommendations in accordance with the objectives of the Client as communicated to Taconic, without the Client's prior approval of each specific transaction. Sub-Advisor : As a part of

the ongoing investment management services offered in the Open Retainer Service, Taconic will delegate all, or a portion, of the Client’s portfolio implementation to a third-party registered investment adviser (“Sub-Advisor”) for ongoing supervision and investment management services. Advisor will direct Sub-Advisor to provide ongong investment management to Client’s assets in an investment account held by an independent qualified custodian. Client will receive a copy of the Sub-Advisor's disclosure statements before any services are provided to the Account. Taconic will choose the Sub-Advisor’s investment strategy and determine the appropriateness of the strategy for the Client based upon Client’s stated investment objectives, risk tolerance and any restrictions in their account. The Sub-Advisor will invest and rebalance the Client’s account from time to time in accordance with Client’s investment objectives. The Sub-Advisor will provide its services on a discretionary basis and will not give advance notice or seek the Client's consent before conducting transactions in their account. Both Taconic and the Sub-Advisor are authorized to give instructions to the custodian with respect to all investment decisions. The Client acknowledges that any Sub- Advisor is independent of and not owned, affiliated with or sponsored by Taconic. Taconic is authorized to terminate or change Sub Advisors when, in our sole discretion, we believe such termination or change is in your best interest. Open Retainer Services also include personalized financial planning services. Ongoing financial planning services consist of one or more of the following, based on the stated needs of the client:
• Analysis of Client’s Financial Position
• Organization of Client’s Financial Records
• Projection of Client’s Cash Needs for various spending scenarios
• Identification of the lawful means of reducing Client’s tax liability
• Analysis and advice regarding Client’s income needs in retirement
• Analysis and advice regarding Client’s current investment portfolio
• Analysis and advice regarding Client’s insurance needs
• Analysis of financial implications in Client’s estate planning Taconic does not participate in or sponsor wrap fee programs. When Taconic provides investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. As of December 31, 2022, Taconic managed approximately $156,425,977 in assets on a discretionary basis.