Here we describe our firm, our owners, the two principal services we offer to provide, the agreements that govern those services, and our fee-only method of compensation. Firm Description Beacon Financial Advisors, Ltd., (“BEACON”) was founded in 1993. Our founding member had over forty (40) years’ experience in financial services, succeeded by our current principal member with over twenty (20) years’ experience. BEACON is strictly a fee-only financial planning and investment management firm. BEACON does not sell annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products. BEACON is not affiliated with entities that sell financial products or securities. No commissions in any form are accepted. No finder’s fees are accepted or solicited. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) are engaged directly by you on an as-needed basis. Our client service-brief Beacon's Approach to Client Service: TEAMWORK...Assigning the Team Members is an easy-to-follow chart that describes the role we play as a key member of your financial "team" and the role of other team members (accountant, attorney, etc.). Below are the roles for you, the client, and BEACON, the advisor (ask us for a complete copy). THE CLIENT Joe Q. & Joan G. Investor Owner, Chairman and Chief Executive Officer Highest authority on team Entity to whom all team members are ultimately responsible and accountable (directly or indirectly) Power to hire, fire all team members Delegates certain well-specified functions to other team members THE ADVISOR Beacon Financial Advisors, Ltd. Hired by CLIENT Chief Financial and Operating Officer Registered Investment Advisor (follows regulatory rules by SEC, states) Writes Investment Policy Statement and sets asset allocation for CLIENT Recommends CUSTODIAN and selects INVESTMENT PARTNERS Prepares CLIENT financial plan and monitors ongoing implementation Overall COORDINATOR and CATALYST for CLIENT by and between all other team members to accomplish all agreed-upon action steps Reports investment results to CLIENT Paid directly by CLIENT via fees - 2 - Beacon Financial Advisors, Ltd. For prospective clients, the initial meeting with BEACON is free of charge (complimentary) and is an exploratory interview to determine if our services may be beneficial to you. The meeting generally lasts 1-2 hours by one of three methods: In Beacon's Houston office (or your home or office if outside Houston). Via telephone. Via online/virtual video conferencing (e.g., Go-To-Meeting). Principal Owners BEACON is a Texas Limited Liability Company with "members". Presently Joshua J. Hebert is a 100% member. Types of Advisory Services BEACON provides two principal advisory services as described below. Our services are generally provided to individuals and families, and their related pension and profit-sharing plans, 401k plans, trusts, charitable entities, and estates. Financial Planning - identification of your financial assets and liabilities, cash flow management, tax planning, insurance review, education funding, retirement planning, and estate planning. We call this the quantitative part of your investment policy. Investment Management - determination of your investment OBJECTIVES and CONSTRAINTS, identification of your risk profile, and the implementation and management of an investment plan we jointly agree is appropriate for you. We call this the qualitative part of your investment policy. Our client service-brief Your INTEGRATED Financial Life: BEACON'S Approach includes an easy-to-follow chart shown below that depicts the content areas of our two primary services (ask us for a complete copy): Cash Sources & Uses Tax Planning (Income/Estate/Gift) Retirement Planning Education FundingLife Insurance (Capital Needs) Salary Continuation (Disability) Investment Policy Statement Other Financial Decisions YOUR FINANCIAL LIFE IS INTEGRATED...GOOD DECISIONS CONSIDER THE WHOLE “...your financial plan is not a 3-ring leather binder that gathers dust—it is a lifetime endeavor.” An important consideration for you is BEACON provides investment management services for all our clients. We provide financial planning services to most of our clients that have specifically engaged us for that service. We do NOT provide financial planning services apart from investment management services. Another important consideration for you is BEACON'S investment research and advice covers exclusively regulated investment companies, commonly known as mutual funds. We discuss this more fully later in the Investment Strategies sub-section of Methods of Analysis, Investment Strategies and Risk of Loss. As of 12/31/23, BEACON had approximately $282,516,594 in assets under management. Approximately $275,248,719 is managed on a discretionary basis, and $7,267,875 is handled on a non-discretionary basis. Discretion means you have given us the authority to place buy and sell orders in your accounts, and non-discretion means only you have the authority to place orders. BEACON segregates and includes both types in our portfolio performance reporting to you. Tailored Relationships Your unique goals and objectives are documented in our client relationship management and portfolio management systems. In developing your investment policy, you may impose constraints (restrictions) on investing in certain broad asset classes. We call these client mandates. Types of Agreements The following agreements define the two principal advisory services described previously in Types of Advisory Services. Financial Planning Agreement A financial plan is designed to help you with all aspects of financial planning coupled with ongoing investment management. Our Financial Planning Agreement considers two phases: Compilation and Data Confirmation - the initial phase of collecting your financial information, compiling your present financial situation, and confirming accuracy and completeness with you, etc. Ongoing Plan Implementation - this second (and ongoing) phase takes the form of client meetings to review our recommendations and those of your other advisors (as applicable). BEACON prepares a Meeting Itinerary prior to the meetings, and afterwards we prepare a meeting follow-up memo detailing the major points and action items. The Meeting Itinerary and meeting follow-up memo may include, but is not limited to: a net worth statement; a cash flow statement; a review of investment accounts, including reviewing asset allocation and providing rebalancing recommendations; strategic income tax planning; a review of retirement accounts and plans including recommendations; a review of insurance policies and recommendations for changes, if necessary; one or more retirement scenarios; estate planning review and recommendations; and education planning with funding recommendations. In addition to the two phases discussed above, we offer two types of financial planning engagements (if you

have also engaged us for investment management and if financial planning is appropriate for you): Comprehensive - covers all the major financial planning subject areas. The fee for comprehensive depends on the facts learned at the start of the engagement. The minimum fee is $3,000 (or the fee range is $3,000 to $15,000+) and is negotiable. Since financial planning is a discovery process, situations may occur that you are unaware of certain financial exposures or predicaments. In the event that your situation is substantially different than disclosed at the start, a revised fee will be provided for mutual agreement. You must approve the change of scope in advance of the additional work being performed when a fee increase is necessary. Focused or Hourly - cover specific financial planning topic area(s). The fee for focused/hourly is based on BEACON'S hourly billing rates discussed with you before any work is performed. In the past all of BEACON'S revenue has been from investment management. Our financial planning services have been provided at no additive cost to our investment management services--something we call "value added." While this may change in the future, this remains a negotiable fee. Investment Management Agreement As noted above in Types of Advisory Services you choose to have BEACON manage your assets. Realistic and measurable goals (OBJECTIVES and CONSTRAINTS) are recorded in your investment policy statement. As goals and objectives change over time, recommendations are made and implemented on an ongoing basis. The scope of work and fee for an Investment Management Agreement is provided to you in writing prior to the start of the engagement. Our Investment Management Agreement includes: BEACON'S Services Develop, with you, a written Investment Policy Statement which specifies your investment OBJECTIVES and CONSTRAINTS. Prepare an Investment Recommendation Matrix which identifies how your portfolio should be allocated by asset class, and also lists the individual investments deemed to be suitable for your portfolio. The asset allocation target may be periodically changed or your portfolio re-balanced due to changes in your circumstances or market conditions. Implement the agreed-upon Investment Recommendation Matrix. Monitor the portfolio to assure current asset allocation is in line with target asset allocation and make re-balancing changes as needed. Also, review the individual investments and report to you with Investment MEMOs, ADVISORYs, and ALERTs as necessary, and during client meetings. Measure and Report investment results to you via your online, secure Client Portal and Document Vault. Additionally, on a monthly basis you will receive statements directly from the brokerage firm (e.g., Schwab Advisor Services) as well as confirmations of any transactions in each portfolio sub-account. BEACON will also receive this information from the broker. You can elect to receive either postal or email statements for the brokerage statements. You are always urged to compare the custodians (Schwab Advisor Services et al) account statements with your Client Portal. Your Responsibility Participate in meetings with BEACON as scheduled for review. Notify BEACON of significant cash flows (deposits and withdrawals) affecting your portfolio sub-accounts if not previously part of your Investment Policy Statement. Update BEACON of any material changes in your financial circumstances that may alter your Investment Policy Statement. Permit BEACON to execute agreed-upon trades in your portfolio sub-accounts with your written authorization to the broker or asset custodian. Your authorization will be evidenced by a limited power of attorney in favor of BEACON and will follow those terms and conditions. Acknowledge that investment results are not guaranteed by BEACON. The annual Investment Management Agreement fee is based on a percentage of the investable assets according to the following sliding-scale (tiered) schedule: 1.00%_ on the first $1,000,000; 0.75%_ on the next $1,000,000 (from $1,000,001 to $2,000,000); and 0.50%_ on the assets above $2,000,000. The minimum annual fee for investment management is $5,000 and is negotiable. The Investment Management Agreement is an ongoing (i.e., evergreen) agreement. The length of service is at your discretion. You or BEACON may terminate an Investment Management Agreement by written notice to the other party. At termination, fees will be billed on a pro rata basis for the portion of the quarter completed. The portfolio value at the completion of the prior full billing quarter is used as the basis for the fee computation, adjusted for the number of days during the billing quarter prior to termination. Asset Management As noted previously BEACON'S investment research and advice covers exclusively regulated investment companies, commonly known as mutual funds. We discuss this more fully later in the Investment Strategies sub-section of Methods of Analysis, Investment Strategies and Risk of Loss. To understand the "kind" of investments in your brokerage accounts, we first distinguish between BEACON-managed (discretionary) accounts and your self- directed (non-discretionary) accounts. Discretionary accounts are managed by us. Non-discretionary accounts are managed by you with our administrative assistance. Most of our clients have only discretionary accounts. Your assets in BEACON-managed (discretionary) accounts are invested exclusively in no-load mutual funds accessed through brokers like Schwab Advisor Services. Mutual fund companies charge you an investment management fee that is disclosed in the fund prospectus. Brokerages may charge a transaction fee (not a “load”) for the purchase of some no-load, institutional share-class funds. BEACON does not receive any compensation, in any form, from fund companies or any third parties. Your assets in self-directed (non-discretionary) accounts can be invested in a wide range of securities* including individual stocks and bonds. The brokerage firm charges a transaction fee for stock and bond trades. BEACON does not receive any compensation, in any form, from your account trades in self-directed accounts. *Investments may also include: equities (stocks), warrants, corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (variable life insurance, variable annuities, and mutual funds shares), U. S. government securities, options contracts, futures contracts, and interests in partnerships. Initial public offerings (IPOs) are not generally available through BEACON. Termination of Agreement You may terminate either of the two agreements at any time by notifying BEACON in writing and paying the rate for the time spent on the investment advisory engagement prior to notification of termination. If you made an advance payment, BEACON would refund any unearned portion of the advance payment. BEACON may terminate either of the two agreements at any time by notifying you in writing. If you made an advance payment, BEACON would refund any unearned portion of the advance payment.