Description of Firm Stegner Investment Associates Inc. ("SIA" or "Adviser") is a registered investment adviser based in Louisville, Kentucky. We are organized as a subchapter S corporation under the laws of the State of Kentucky. We have been providing investment advisory services since January 1994. SIA is an independent fee-only investment adviser serving as a fiduciary for both discretionary and non- discretionary client accounts. We serve as an investment adviser to high net-worth individuals, endowments, foundations and qualified retirement plans primarily utilizing mutual funds and exchange-traded funds ("ETF"s). The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to the needs of each client. As used in this brochure, the words "we," "our," and "us" refer to Stegner Investment Associates Inc. and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm. Investment Advisor Services We offer both discretionary and non-discretionary investment advisor services. Our investment advice is tailored to meet our clients' needs and investment objectives. If you participate in our discretionary investment advisor services, we require you to grant our firm discretionary authority to manage your account. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold in your account without your approval prior to each transaction. Discretionary authority is granted by the investment advisory agreement you sign with our firm and the appropriate trading authorization forms. You may limit our discretionary authority (for example, limiting the types of securities that can be purchased or sold for your account) by providing our

firm with your restrictions and guidelines in writing. We may also offer non-discretionary investment advisor services. For non-discretionary arrangements with our firm, we must obtain your approval prior to executing any transactions on behalf of your account. You have an unrestricted right to decline to implement any advice provided by our firm on a non-discretionary basis. Our non-discretionary clients include retirement plans for which SIA agrees to serve as the investment manager and/or a co-fiduciary as defined in section 3(38) and 3(21), respectively, of the Employee Retirement Income Security Act of 1974 or "ERISA". Types of Investments Our primary investment recommendations include the use of mutual funds and ETFs. Refer to the Methods of Analysis, Investment Strategies and Risk of Loss below for additional disclosures on this topic. Additionally, we may advise you on various types of investments based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship. Since our investment strategies and advice are based on each client’s specific financial situation, the investment advice we provide to you may be different or conflicting with the advice we give to other clients regarding the same security or investment. If a new client’s portfolio consists of individual stocks and bond securities, we will generally recommend a course of action to eliminate them over time. We will take into consideration the potential tax implications and the impact on meeting the client’s objectives. Assets Under Management As of December 31, 2023, we provide continuous management services for $1,661,440,516 in client assets on a discretionary basis, and $457,994,538 in client assets on a non-discretionary basis. Our total in assets under management is $2,119,435,054.