ACM is an investment management firm formed in 1980 with a goal of providing superior relative returns for its clients by investing in quality small and medium sized growth companies – the most innovative and more rapidly growing sector of the U.S. economy. These companies average approximately $1.5 billion in sales and $10.6 billion in market capitalization as of March 31, 2023 with expected growth potential 50% greater than the Standard & Poor’s 500. We emphasize management ability and strong fundamentals in our selection process, and we believe the growth, profitability and financial strength of our investments are high. Flexibility is emphasized and we adjust our equity commitments to capitalize on market volatility. Equity emphasis favors companies that possess accelerating earnings momentum and appear undervalued relative to our universe list. Since we emphasize growth companies, the majority of our potential investments are focused on health care and technology – two above average growth segments of our economy. Primary emphasis is on companies with managements of demonstrated competence, effective marketing organizations, strong research efforts and dominant market positions for their products. In addition, companies are selected that possess the necessary profitability and financial strength to support their growth. We believe that companies with these characteristics provide a favorable risk/reward ratio over time. We are long- term investors

and prefer to hold our investments through market cycles if their fundamentals remain favorable and we have a positive market outlook. We do not emphasize asset plays, turnarounds, or large companies with small capitalizations. A personal investment advisory service is provided to all clients. All accounts are individually managed and invested in publicly traded companies selected from our stock universe list supplemented with convertible and fixed income investments as necessary. We have a few select exchange traded funds and mutual funds for bond investments available for purchase if appropriate. ACM offers a specific investment strategy and does not modify its strategy based on a client’s financial situation, investment experience or investment objective if it differs from ACM’s investment strategy. We permit reasonable investment flexibility if it does not materially affect our investment strategy. Assets – The firm had $ 2,750,548,088 of discretionary assets under management on September 30, 2023. Ownership – The firm was founded in 1980 with Luke P. La Valle, Jr. as principal majority owner and Cesna, S.A. as a principal owner. In August 2014, the ownership changed with Cesna, S.A. transferring its remaining interest to Longlevens, LLC., with Longlevens, LLC. becoming a minority owner. In March 2016, Luke P. La Valle, Jr. who remains the firm’s principal owner transferred shares to two LaValle trusts which became minority owners.