A. Description of Firm IDB Lido Wealth, LLC ("IDB Lido") is an SEC-registered, New York-based investment adviser founded in 2021. IDB Lido offers a variety of services, including, but not limited to, investment management and asset allocation, financial planning, family office services, and retirement and estate planning services. IDB Lido offers these services to high-net-worth individuals, family offices, pension, defined contribution plans, profit-sharing plans, trusts, estates, charitable organizations, corporations, and other types of business entities. IDB Lido conducts business in states reflected in its Form ADV Part 1 (copy available upon request or at https://adviserinfo.sec.gov). IDB Lido is owned 50% by Lido Advisors, LLC (“Lido”) and 50% by Israel Discount Bank of New York (“IDBNY”). Lido performs substantive and material services for IDB Lido, including, but not limited to, key operational, investment, finance, compliance, and legal services. Many of IDB Lido IARs are also Lido IARs. B. Advisory Services 1. Investment Management IDB Lido utilizes specific investment strategies to seek to help our clients achieve their investment goals while aiming to reduce market risks and manage volatility. We offer an integrated wealth strategy that involves tailored investment services that, among other things, select assets for our clients that are less correlated to one another. These assets include not only traditional asset classes such as fixed income1, equities2, and cash3, but also real estate debt, foreign securities, American Depository Receipts, hybrid offerings4, and Alternative Investments, such as Liquid5 and Non-Liquid Alternative Investments6 and Non-Liquid Fixed Income investments7. IDB Lido believes it has the discipline to implement a strategy while remaining nimble to take advantage of potential opportunities. IDB Lido's main strategies offered include: − Core Equity Strategy is comprised of equity securities, including, but not limited to, single company stocks, mutual funds and ETFs, that account for certain geographies, market capitalization, economic cycles, and momentum and fundamental drivers, among other factors, to identify tactical opportunities. − “Cap and Cushion” is an options-based equity strategy that seeks to limit potential losses by employing 1 Fixed income includes government bonds, municipal bonds, corporate bonds, high-yield bonds, foreign bonds, preferred stocks, certificates of deposit (“CDs”), loans, Exchange- Traded Funds ("ETFs”) based on bond indices, fixed-income mutual funds, short-term fixed-income instruments, structured notes, and certain preferred stocks. 2 Equities include common stocks, ETFs based on stock indices, equity mutual funds, publicly traded master limited partnerships, publicly traded royalty trusts, and publicly traded real estate investment trusts ("REITs”). 3 Cash includes, but is not limited to, money market funds, certain mutual funds or ETFs, or other cash equivalents. 4 Hybrid offerings generally includes merger funds, long-short commodity funds, structured notes, covered options, and other hybrid mutual funds (based on equity volatility). 5 Liquid Alternative Investments are investments in exclusively single-sector or commodities ETFs or alternative mutual funds. 6 Non-Liquid Alternative Investments include private funds issued by affiliates and non-affiliated third-parties, which include, but are not limited to, hedge funds, fund of funds, real estate funds, managed futures funds, mezzanine funds, private equity funds, venture capital funds (“Private Funds”), and other types of private pooled investment vehicles, private REITs, private real estate holdings, and oil and gas limited partnerships. 7 Non-liquid fixed-income investments are defined as longer-term investments in loans secured by first trust deed mortgages, including first trust deed loans, bridge loans, and client-directed family mortgages. downside protection and upside participation through options. IDB Lido’s affiliate, Lido, deploys this strategy and variations of this strategy (which strategy variations, although thematically similar, are materially distinguishable from Cap and Cushion) directly in client accounts and through affiliated private funds (“Lido Private Funds”). − Fixed Income is a strategy that seeks the potential for current income and reduction in risk, such as duration and credit risk, by using various fixed-income securities, including, but not limited to, bonds, mutual funds, and ETFs. − Alternative Investments is a strategy that seeks to provide diversification and can, under the right circumstances, achieve results uncorrelated to equity and fixed-income strategies. IDB Lido also offers additional equity- and fixed-income-based strategies that supplement the above-described strategies. IDB Lido has entered into a sub-advisory agreement with its affiliate, Lido, to provide discretionary investment advisory services to IDB Lido clients. Lido manages each IDB Lido client’s managed assets based on the investment strategy deemed suitable and in line with the client’s goals and objectives. Notably, the strategies listed above are also utilized with clients of Lido and its advisory affiliates. IDB Lido may utilize other independent asset managers (“TPAMs”) and sub- advisors to affect other strategies on behalf of a client. IDB Lido generally manages all client assets on a fully discretionary basis. In exercising full discretionary authority, IDB Lido has decision-making authority to select, without first obtaining client’s authorization: − the securities to be bought and sold; − the amounts of securities to be transacted and whether it will be individually or block traded; − the broker dealer through which transactions will be executed; and/or − the TPAM and/or sub-advisor used to manage the client assets. Clients can impose reasonable parameters to IDB Lido’s discretionary authority, including, but not limited to, restrictions in certain companies or industry sectors or directed brokerage. In these instances, clients are solely responsible for informing IDB Lido in writing of these parameters, changes to these parameters, or their overall investment goals and objectives. Finally, clients may also direct IDB Lido to execute certain trades or purchase certain investments. In these instances, clients assume full responsibility for these directed trades or investments, including any negative impact these may have on IDB Lido’s strategies employed on their other assets. IDB Lido cannot and does not make any assurance that client-directed trades will be timely executed or executed at all. IDB Lido is not responsible for any initial or ongoing due diligence on any directed investment that is not recommended by IDB Lido. In limited circumstances and upon client request, IDB Lido will consider non-discretionary advisory services such as financial consulting and estate planning services. In such cases, IDB Lido will not exercise discretion as described above, but will instead make recommendations and proposals and act upon client instructions. See also Items 8 (Methods of Analysis, Investment Strategies and Risk of Loss) and 11 (Code of Ethics, Participation or Interest in Client Transactions and Personal Trading). 2. Asset Allocation Services At the onset of a client relationship, IDB Lido develops an asset allocation plan that aims to balance a client’s overall financial objectives with individual attributes including risk tolerance, income requirements, liquidity requirements, income taxes, and investment time horizon. IDB Lido accomplishes this by gathering pertinent information from a client during the account opening process through a Client Risk Profile, Investment Policy Statement (“IPS”), or other similar documentation. IDB Lido performs the following services in determining and maintaining the appropriate allocation plan for clients: − Analysis of the client’s current financial situation and prior investment experience; − Assistance in setting goals to determine appropriate time horizons, investment objectives, income taxes, family structure, and amounts needed to accomplish investment goals; − Analysis of the client’s risk tolerance; − Selection of appropriate asset classes; − Investment selection utilizing, as appropriate, mutual funds, equity and fixed-income securities, hedged equity and options, Private Funds, sub-advisors, and/or TPAMs; − Ongoing monitoring of fund, securities, and third-party investment manager performance; − Ongoing portfolio performance analysis; and − Portfolio modifications and reallocation as appropriate. 3. TPAM Selection As referenced in Item 1.B.1 above, IDB Lido has the discretion to delegate management of all or part of a client's assets to both TPAMs. IDB Lido will provide access to TPAMs through a third-party platform of approved investment managers made available by agreement between IDB Lido and the platform provider, or through an arrangement between IDB Lido and TPAMs. TPAMs will have discretionary authority over those assets allocated to them and they are authorized to buy, sell, and trade in securities in accordance with the client's investment objectives, risk tolerance, and time horizon, among other factors. If and when IDB Lido determines that a TPAM is in the client's best interest, IDB Lido, on the client's behalf, or the client will enter into a separate and independent advisory relationship with that TPAM. As such, the client will incur fees separate from and in addition to any fees charged by IDB Lido. The TPAM may invoice its fee to the client through IDB Lido or debit the client's custodial account directly. IDB Lido will continue to monitor the TPAMs to ensure the TPAMs adhere to the philosophy and investment style for which they were selected and will provide recommendations to the client accordingly. IDB Lido will monitor investments in the TPMA accounts, but not to the degree that it does in the accounts that it directly manages. If the client has entered into a direct relationship with the TPAM, only the client can terminate that relationship. 4. Sub-Advisory Arrangements As referenced above, IDB Lido has entered into a sub-advisory agreement with its affiliate, Lido. IDB Lido has the discretion to enter into other sub-advisory arrangements for management of a particular style or strategy desired by and deemed suitable for clients. These sub-advisors can be non-affiliated third-parties or affiliates

of IDB Lido. When engaging an affiliated sub-advisor, IDB Lido will provide further information concerning these sub-advisors as well as the nature and scope, among other information, of its affiliation. In addition, there are conflicts of interest when IDB Lido engages an affiliated sub-advisor, including that the sub-advisor receives compensation from the Advisor in exchange for the management services, and the provision of certain investment personnel and other resources. To address the conflicts, IDB Lido will provide each client with a copy of Lido’s Form ADV Part 2A, Part 2Bs, Form CRS, Privacy Notice, and a Conflicts Disclosure form at the beginning of the engagement and on at least an annual basis thereafter. In the event Lido materially amends its Form ADV Part 2A, Part 2B, Form CRS, or Privacy Notice, IDB Lido will deliver notice of such changes as required by law to its clients. IDB Lido will conduct due diligence on each sub-advisor, including Lido, which will encompass, among other things, review of its quarterly performance returns, management team, and adherence to the guidelines and restrictions of the strategy. In its sole discretion, IDB Lido has the authority to add, replace, or remove any sub- advisor on behalf of a client without the client's prior consent. IDB Lido’s affiliate, Lido, has entered into an agreement with Spearhead Administrative Services, LLC, a registered investment adviser that acts as investment manager for an insurance company, solely in respect of one or more separate investment accounts or sub-accounts, each of which is established by the insurance company for the purpose of supporting certain benefits payable under one or more variable life insurance policy, variable annuity policy or other variable insurance policy that is characterized under Section 817(d) of the U.S. Internal Revenue Code of 1986, as amended, as a “variable contract” issued by the carrier to the contract owners. Lido acts as sub-advisor to Spearhead, solely in respect of the specified accounts or subaccounts, to provide research, due diligence, investment recommendations and asset allocation recommendations in accordance with the account or sub-account’s stated investment objectives and strategies. See also Item 11 (Code of Ethics, Participation or Interest in Client Transactions and Personal Trading) and Item 12 (Brokerage Practices). 5. Financial Planning IDB Lido also offers financial planning services. These services include, but are not limited to, providing advice on the following: − Investment portfolio analysis and asset allocation; − Evaluation of outside investment accounts and assessment of overall financial position; − Insurance and risk management evaluation; − Estate and retirement planning; − Tax awareness; − Wealth transfer and charitable giving; − College savings; and − Family governance and living expense considerations. To begin the process, IDB Lido will generally collect, organize, and assess client data including information concerning the client's lifestyle, risk tolerance, and cash flow, as well as identification of the client's financial concerns, goals, and objectives. IDB Lido's primary objective is to assist clients in developing a strategy for the successful management of income, assets, and liabilities to meet their financial goals and objectives. IDB Lido will provide clients with a comprehensive plan and options of utilizing IDB Lido to implement this plan. Should a client adopt IDB Lido's plan, IDB Lido will advise on potential conflicts of interest arising from IDB Lido's use of its own advisory services or products including those offered in connection with pre-existing broker dealer or insurance agency relationships. Finally, IDB Lido makes no assurances that its plan will be successful in meeting a client's financial goals and objectives. In some circumstances, IDB Lido will charge an additional fee for advanced financial planning. Such arrangements will be negotiated with the client in terms of services needed and fees charged and will be memorialized under separate agreement. The fees for these advanced planning services will vary based on the service required and are negotiable. Clients can accept or reject IDB Lido's financial plan and retains the authority and discretion over all implementation decisions. Should the client proceed with IDB Lido's financial plan, potential conflicts of interest will arise as IDB Lido will likely utilize its own allocations, strategies, products or services and will receive fees or other monetary benefits as a result. A client is under no obligation to utilize IDB Lido's plan or its services to implement the plan. See also Item 11 (Code of Ethics, Participation or Interest in Client Transactions and Personal Trading). 6. Family Office Services IDB Lido also offers a broad range of family office services, which include non-investment related matters, such as a review of estate and tax planning issues. IDB Lido and its investment adviser representatives (“IARs”) do not provide specific estate or income tax advice but will introduce the client to affiliated or unaffiliated accountants or attorneys. IDB Lido will also work directly with a client’s independent outside advisor as needed. A client who initially engages IDB Lido for consultation services only and later wishes to engage IDB Lido for discretionary investment management services is required to enter into a separate written agreement with IDB Lido for those services, for which IDB Lido will be paid a separate and additional fee based on the client’s assets under management. 7. Financial-Related Services through Affiliates and Third Parties IDB Lido does not provide legal, tax, or accounting advice. IDB Lido, however, has arranged for affiliates, including Lido, Lido Tax, LLC (“L-TAX”), Lido Pay, LLC (“L-Pay”), Lido Administrative Services, LLC (“Lido Admin”), Enterprise Trust and Investment Company, LLC (“Enterprise”), and other third parties, such as independent contractors and other licensed professionals, to provide clients with certain financial-related services that supplement or are complementary to the aforementioned advisory services. These services include, but are not limited to: − Bill payment; − Estate planning; − Fiduciary and trust services; − Tax consulting and preparation; and − Legal advice relating to tax, estate planning, among other financial-related areas. These financial-related services will incur additional fees that IDB Lido will consider, at its discretion, to be offset by a corresponding credit, in full or in part, against other IDB Lido fees, including, but not limited to, IDB Lido’s Asset Management fee or a direct payment, in full or in part, by IDB Lido to these affiliates or certain third parties. Clients will, in some cases, engage directly with IDB Lido affiliates or third parties for these financial- related services. During this process, IDB Lido, its affiliates, or the third-parties will provide additional information concerning the nature and scope of the financial-related services, the relevant agreements concerning the provision of such services, and disclosures concerning any actual or potential conflicts. See Item 11 (Code of Ethics, Participation or Interest in Client Transactions and Personal Trading). See also Item 5 (Fees and Compensation). 8. Retirement Plan Rollovers A client or prospective client leaving an employer-sponsored savings plan such as a 401(k) typically has the following options (and can engage in a combination of these options): − Leave the money in the former employer’s plan, if permitted; − Roll over the assets to the new employer’s plan, if one is available and rollovers are permitted; − Roll over to an IRA; or − Cash out the account value (which could, depending on the client’s age, have adverse tax consequences). If IDB Lido recommends a client roll over their retirement plan assets to an IRA for which IDB Lido will provide advisory services, such a recommendation creates a conflict of interest if IDB Lido will earn a new fee for managing the assets as a result of the rollover. No client is required to roll over retirement plan assts to an account managed by IDB Lido. Please refer to Item 7 for information on our fiduciary responsibility. C. Important Information About All IDB Lido Services 1. Gathering Individual Client Information IDB Lido's investment advice is customized to each client's portfolio based upon the individual needs, objectives, risk tolerance and other financial goals of the client. At the onset, IDB Lido will memorialize a client's investment objectives, risk tolerance, income, time horizon, and other relevant information in a client's Risk Profile, IPS, or similar document. The Risk Profile or IPS, together with the information gathered by IDB Lido will be used to determine an investment strategy or financial plan. Notably, Non-Liquid Alternative Investments and Non-Liquid Fixed Income Investments will only be recommended to IDB clients that meet the specific regulatory qualification thresholds, in addition to the risk and suitability requirements. A client is also responsible for promptly notifying IDB Lido in writing of any material changes in the client's financial situation, investment objectives, risk tolerance, income, time horizon, or any other factor that may impact IDB Lido's recommended investments. IDB Lido requires a client to execute certain agreements reflecting the terms and conditions of IDB Lido's services (collectively, the "Agreement"). The Agreement sets forth the entirety of IDB Lido's and a client's relationship and can only be amended or modified in writing upon both IDB Lido's and the client's agreement. An IDB Lido IAR will generally meet with all clients no less than annually to review the client's investment goals and current advisory portfolios. IDB Lido IARs are also available during normal business hours to consult with clients. 2. Client Relationship IDB Lido substantially relies on the information provided by the client and that client's other advisors, such as accountants and lawyers, to provide its services. A client authorizes IDB Lido to rely on this information and IDB Lido will not assume any responsibility for information provided by a client or third parties on behalf of the client. IDB Lido's relationship with a client is further described in this Brochure and certain Brochure Supplements (Form ADV Part 2B), which are provided to the client at the onset of the relationship. IDB Lido's and the client's relationship will remain in effect until the Agreement is terminated by either IDB Lido or the client. IDB Lido does not participate in any wrap fee programs. D. Assets Under Management As of December 31, 2023, IDB Lido manages the following regulatory assets under management: Type of Account Regulatory Assets Under Management Discretionary $93,573,701 Non-Discretionary $0 Total: $93,573,701