The Firm & Principal Owners Hoisington Investment Management Company (“HIMCo” or “the firm”) is an independent investment adviser registered under the Investment Advisers Act of 1940. Its principal place of business is in Austin, Texas. HIMCo has been providing fixed income investment management services since 1980. The firm was founded by Van R. Hoisington and is operated and managed by:
• Van R. Hoisington, Chief Executive Officer
• Van R. Hoisington Jr. (“V.R.”), President and Chief Operating Officer
• David M. Hoisington, Executive Vice President and Chief Compliance Officer Van R. Hoisington Jr. and David Hoisington are principal owners (i.e., control more than 25% of the firm). HIMCo has a five-person Investment Committee that has worked together since 1996. The Investment Committee researches economic issues affecting the inflationary environment in the U.S. and its effect on HIMCo’s investment strategy. There are no subsidiary companies or affiliates. We offer our clients the following types of advisory services: 1. Portfolio Management for Separately Managed Accounts We manage customized fixed income portfolios for separate accounts on a discretionary basis. Portfolio assets are limited to U.S. Treasury securities and cash equivalents. Examples of U.S. Treasury securities include: Ø U.S. Treasury bonds, bills and notes Ø Treasury zero coupon bonds (“STRIPS”) Ø Treasury Inflation Protected Securities (“TIPS”) Ø Treasury floating rate notes (“FRNS”) Ø Repurchase agreements collateralized by Treasurys We are able to tailor advisory services to the individual needs of clients. For example, certain

clients have specific income requirements. We accommodate such income needs by investing only in coupon bearing securities. We provide continuous and regular management services under a written Investment Advisory Agreement (“Agreement”) that is cancellable by the client within five business days of execution without penalty or fees, thereafter, by either party upon thirty days’ written notice. We provide investment management services for mainly institutional clients: pension and profit-sharing plans; 401(k) plans; charitable organizations; state or municipal government retirement plans; pooled investment vehicles; insurance companies and other corporations or partnerships. Occasionally, we will accept high net worth individual clients. We require that all new accounts have a value of at least one million dollars. 2. Portfolio Management for Sub-adviser Relationships Mutual Fund - Since 1996, we have been the sub-adviser for the Wasatch-Hoisington U.S. Treasury Fund (ticker symbol, WHOSX). We sub-advise WHOSX (the “Fund”) through a sub-advisory agreement with Wasatch Advisors, LP, a non-affiliated federally registered investment adviser. Wasatch Advisers, LP, d/b/a Wasatch Global Investors, is the investment adviser to the Fund. More information on this fund can be obtained by calling (800) 551-1700 or online at www.wasatchglobal.com. Private Funds - We also have sub-adviser relationships with two private funds. We manage the private funds in the same manner as our other accounts. As of December 31, 2023, we had client assets under management of approximately $3,721,500,000, all of which are managed on a discretionary basis.