Introduction Greenwood Investment Advisors, LLC is a digital financial services company offering advisory services to retail clients. The Firm is a Delaware limited liability company formed in February 2023, wholly-owned by Greenwood Inc., an entity based in Atlanta, GA. The primary focus of Greenwood, Inc. and its subsidiaries is to provide education and financial services built for Black America and other underserved communities. Our products and services are designed to help build generational wealth. As Black leaders throughout history have told us, controlling our finances is an effective tool to fight against a history of systemic racism. We are a fully inclusive financial services company. Services Greenwood is an automated mobile phone-based investment advisory service offering limited investment advice to retail customers through the Greenwood, Inc. mobile platform (the “platform”). The Firm offers non-discretionary investment advisory services through the platform by assessing your risk tolerance and goals and creating a portfolio designed to meet those objectives. Because we have no discretionary authority over your account(s), you make the ultimate decision regarding the purchase or sale of investments. Other than providing suggested portfolios, we do not tailor our services to your individual financial circumstances. The program is limited to individual retail investors using the platform and who have an active Greenwood Deposit Account and Greenwood Visa Debit Card. To use the advisory platform, you must complete an investor profile questionnaire to help identify your investment objective as Maximum Growth, Moderate Growth, Conservative Growth, or Income. Once your investment objective is identified, you may choose a Portfolio that is composed of (a) individual stocks, (b) exchange-traded funds (ETFs), or (c) a combination of stocks and ETFs. These recommended portfolios are reviewed at least quarterly, with updates being made to their construction based upon market conditions and risk factors that would affect the portfolio’s alignment with your investment objective/risk profile. You will receive a notification of any changes to your recommended portfolio either by automated email or within the Greenwood app. Our Platform uses an algorithm to provide you with portfolio recommendations based on your investor profile. The accuracy of the portfolio recommendations provided by our algorithm depends on the accuracy of your responses to the questionnaire. If your financial circumstances change, we recommend that you update your responses to the questionnaire. The securities available are a limited

universe of publicly traded stocks and Exchange Traded Funds (“ETFs”) which is subject to change, as determined by the fully disclosed clearing firm DriveWealth. All users have access to the same universe of securities. The Firm is available electronically to you relative to the status of your account. If you have any questions, you may contact [email protected]. Customer service representatives are available to help with technical, service or trading-related inquiries. Broker Dealer Election We have established a relationship with an independent custodian, DriveWealth, LLC, an SEC registered broker-dealer and FINRA member (the “Broker” or “Custodian”). You must open a brokerage account with the Broker who maintains custody of your assets. The Broker also provides execution, clearing, and settlement services for your account. All account opening functionalities, including identity verification and approval, are handled digitally by Broker. Only individuals will be permitted to establish accounts with the Broker, which shall be in their own name. You will be required to complete all applicable Broker forms and agreements. The Broker reserves the right to reject any account application for any reason whatsoever. The Broker provides all brokerage services to you, including executing securities purchase and sell orders you enter through our mobile platform or pursuant to your request. The Broker may add or remove any security from the Approved Securities List. If a security is removed from the Approved Securities List, the Broker will limit transactions in that particular security to the liquidation of positions only. You pay all brokerage and transaction costs for the securities you purchase with the Broker. Program Limitations We do not provide comprehensive financial planning services and the investment advisory services provided through our Greenwood Investment Advisors are not a complete investment program. We are not aware of your aggregate investable and invested assets. We encourage you to consider additional asset classes, strategies and investments to supplement your overall investment plan. You should not use Greenwood Investment Advisors as the sole component of your investment program. Clients are fully responsible for determining when or if to trade. Our advisory program only offers publicly traded equity and exchange traded fund ETF securities. You may sell your securities or transfer your securities to another account at any time. Please note, however, that fractional shares are not transferable. Fractional shares must be liquidated prior to transferring your account. You may also withdraw available cash out of your brokerage account at any time.