Description of Advisory Firm Abner, Herrman & Brock LLC (“AHB,” the “firm,” or “we”), was founded in 1981 and is an investment advisor registered with the Securities and Exchange Commission (the “SEC”). The firm provides investment management and advisory services on a discretionary and a non-discretionary basis. Investment services are provided within guidelines formulated with each client, based upon defined investment objectives. Our foremost priority is putting our clients’ interests first and working with them to achieve their long-term investment objectives. Abner, Herrman & Brock LLC is principally owned by the Abner Trust. Advisory Services AHB provides investment management and advisory services in separately managed accounts for individuals, high net worth individuals, trusts, estates, retirement accounts, pension and profit-sharing plans, charitable organizations, corporations, and other business entities (referred to as “client(s)”). AHB also provides investment management services for wrap fee programs sponsored by other firms. In this capacity, AHB is a subadvisor or has a separate agreement with the sponsor firm to provide such services. The firm has an Investment Policy Committee which is comprised of Portfolio Managers and Analysts that work together to make investment decisions for each of the firm’s investment strategies. Portfolio Managers oversee the client accounts to implement the Committee’s investment decisions if appropriate for each client based on the client’s financial goals, investment objectives, and risk tolerance. The initial client consultation allows the firm to tailor a portfolio to a client’s individual financial goals, investment objectives, and risk tolerance. During these conversations with prospective clients, investment objectives are identified and an asset allocation plan and investment strategy are devised. Clients may impose reasonable restrictions on investing in certain securities or types of securities as well as restrictions on maturities for the fixed income portfolio. We review any requests for such restrictions on a case-by-case basis and agree to implement them when feasible. Any specific restrictions are noted, and the firm’s advisory fees are discussed. The client may change these initial objectives at any time. If clients elect to retain AHB as an investment manager, clients are provided an Initial Client Profile outlining the agreed upon objectives, asset allocation

plan, investment strategy and annual fee. Each client executes a contractual Investment Advisory Agreement which also designates a custodian to hold their securities and a broker that will execute transactions. Agreements may not be assigned without the client’s consent. Advisor to Wrap Fee Programs AHB also provides investment and portfolio management services for wrap fee programs. There is no difference in the investment management that AHB provides to wrap fee programs from the investment and portfolio management services provided to other accounts. In such programs, a client pays a program sponsor a single “wrap fee” for advisory services, certain brokerage services, monitoring of the investment advisor’s performance and custodial services, or some combination of these or other services. As compensation for our investment and portfolio management services, AHB receives a portion of the “wrap fee” that is charged by the program sponsors. In most cases, AHB acts under a sub-advisory agreement in which the sponsor is responsible for determining the suitability and objectives of their clients. Advisor to Model Portfolio Vendor AHB has relationships with other financial intermediaries in which AHB designs, monitors, and updates one or more model portfolios to meet the objectives set forth by the clients of such financial intermediaries. These portfolios are managed with the same investment philosophies and strategies as other accounts are managed by AHB. AHB does not have discretion in the management of such portfolios. AHB’s recommendations that are provided to the program sponsor are used in their sole discretion, as to the extent to which they implement the model portfolios and/or each recommendation. AHB receives a fee for these investment services that is based on the average value for the aggregate assets in the Model Portfolio Accounts managed using the Model Portfolio at the beginning of the quarter. The model portfolios are not considered AHB assets under management (“AUM”) and therefore not included in our AUM calculations. Model Portfolios may be subject to lesser or greater advisory fees depending on the simplicity or complexity of the objective. Client Assets As of December 31, 2023, AHB manages approximately $1.95 billion in assets for approximately 1,859 clients, of which approximately $1.9 billion is managed on a discretionary basis and $47 million on a non-discretionary basis.