INTRODUCTION Evans Wealth Management hereinafter referred to as (EWM) was formed as a Registered Investment Advisor in 2012. The principal owner is Stanley K. Evans. EWM’s parent organization is Stan Evans Financial Planning, LLC. Our principal business is to provide financial planning, portfolio management and services to our clients who are typically individuals, pension and profit sharing plans, trusts, estates, charitable organizations, corporations and other business entities. In 2023, EWM became a SEC registered investment adviser. As of June 22, 2023 EWM managed $127,000,000 on a discretionary basis. The Fiduciary Standard EWM is a fiduciary and has fiduciary duty, which is the highest standard of client care. It means that he must always act in the beneficiary's best interest, even when it's in opposition to its own. Financial advisors fall into two buckets, fiduciaries and non-fiduciaries. Contrary to popular belief, advisors that sell insurance or work for a broker-dealer and paid commissions are not fiduciaries. To exercise fiduciary duty means that the advisor must recommend the best product options to clients, even if those products result in reduced or zero compensation for the advisor. Investment Philosophy We help our clients get to the finish line, whatever that means to them. So, before we even talk about where we invest money, we’ve got to know what our goal is and what we are trying to accomplish. Our investment philosophy is to understand your goals, your risk tolerance, your proper asset allocation among equities, fixed instruments, and cash. The goal we aspire to achieve is deliver long-term market-based returns and smooth out the path of volatility and keep your principal safe. First Meeting--Engagement and Discovery The first step of our process is Engagement and Discovery. We will review all aspects of your goals, needs, priorities, desires and finances. During the initial consultation, we will gather the following information from you: 1) Your family, occupation, hobbies, etc. 2) We discuss and prioritize your goals. Goals discussed are retirement, college education, gifting/leaving a legacy, major purchases, paying down debt, travel, minimizing risk, lowering tax exposure, estate planning, gifting, and any and all other personal goals. 3) We discuss your current financial situation and provide a questionnaire you take home

and complete regarding a complete inventory of your current and future resources, current advisors, and risk opinions. Second Meeting-Analyze The second step of the planning process is to analyze the information from our discussions and your questionnaire you completed. Using this information, we analyze your current financial strengths and weaknesses, as well as the financial opportunities available to you. Combining your personal financial situation, your prioritized goals, and our financial education, experience, and resources, we will develop an investment plan and asset allocation model that is unique to you. If appropriate, at this meeting we will open accounts and transfer accounts from other firms and/or previous employer retirement plans. Other Professionals It is important that the holistic overview of your total financial situation is addressed. Therefore, we make sure your estate planning needs and tax planning needs are discussed. If needed, I will refer you to a CPA and/or Estate Planning attorney for additional financial planning services. Portfolio Management Services We provide “portfolio management services”, defined as giving continuous advice to you about the investment of funds on the basis of your individual needs and objectives. When it comes to the equity portion of your asset allocation we first identify the sectors that are recommended from the many research firms we utilize for ideas. Once we identify the 2-5 sectors recommended, we study investment research for ETF’s (Exchange-traded Funds) and individual stocks from the recommended sectors to overweight in portfolios. All the equity investments are Large Cap Growth positions (Large Cap Growth are companies that are aggressively growing their earnings and have a capitalization value of $10 billion or more). On the fixed sleeve of your asset allocation we utilize an array of investment vehicles including, but not limited to: corporate bonds, municipal bonds, certificates of deposit, and United States government securities. To minimize principal loss, we buy short-term maturities, utilizing a bar-bell and ladder strategy to provide a higher yield and still have bonds maturing year to year. There currently is no minimum or maximum amount we will manage. EWM manages client assets on a discretionary basis.