Background Vaughan Nelson is a Houston-based investment counseling firm established in 1970 and is a wholly-owned affiliate of Natixis Investment Managers, LLC. The Firm, staffed by experienced, research-oriented investment professionals, has over 53 years of providing comprehensive equity and fixed income investment advice to taxable and tax-free clients including foundations, endowments, corporations, pensions, public entities, insurance companies, mutual funds and high net worth individuals. The Firm expanded its equity capability to include International/Global investing in October 2019 with a team located at 180 N. Stetson Avenue, Suite 5525, Chicago, IL 60601. The Firm’s sole focus is providing investment management services for equity and fixed income portfolios totaling ~$16.4 billion as of 12/31/2023. Ownership Vaughan Nelson is wholly-owned by Natixis Investment Managers, LLC, which, following a modification in corporate structure that took place in January 2024, is a subsidiary of Natixis Investment Managers, an international asset management group based in Paris, France, that, in turn, is owned by Natixis, a French investment banking and financial services firm. Natixis is wholly owned by BPCE, France’s second largest banking group. Vaughan Nelson operates autonomously and provides investment management services independently with its own research, investment team and trading. The modification in corporate structure mentioned above was the merger of Natixis Investment Managers, LLC into Natixis Investment Managers U.S. Holdings, LLC and the subsequent name change of the holding company to "Natixis Investment Managers, LLC." The internal reorganization did not change the ultimate parent of Vaughan Nelson or the identity and responsibilities of, or services provided by, either Vaughan Nelson's or Natixis Investment Managers, LLC's personnel. Primary Business The primary business of Vaughan Nelson is the management of client assets in equity and/or fixed income securities on an ongoing, continuous basis. Normally, Vaughan Nelson is engaged by clients (both institutional and individual) to provide investment management services for their own account separate from other clients (a “separate account”) where investment decisions are implemented on a fully-discretionary basis in accordance with the client’s guidelines and restrictions. At or before the time that Vaughan Nelson begins managing a separate account, Vaughan Nelson meets with the prospective client and/or consultant to assess the prospective client’s investment objectives and risk tolerances. Vaughan Nelson endeavors to tailor its advisory services to the individual needs of clients within the acceptable limits of the selected investment strategy, as documented in the client’s advisory agreement. Clients may impose restrictions on investing in certain securities or types of securities, including securities falling into any of twelve (12) available Socially Responsible Investing (“SRI”) categories. Vaughan Nelson utilizes and relies on a third-party firm’s SRI screening and criteria and the application of that criteria in identifying companies/securities falling into each category. Vaughan Nelson’s SRI screening process is different from its general Environmental, Social, and Governance (“ESG”) approach (as discussed in Item 8 below) in that SRI is designed only to eliminate certain investment types based solely on one or more specific ethical considerations and will be applied only

upon a client’s request. Depending on client instruction, advisory services are provided either with or without consideration to the overall financial situation of the client (e.g. tax considerations, liquidity needs, etc.). SRI restrictions may preclude clients from investing in certain strategy model holdings which may create the potential for performance dispersion. Vaughan Nelson also serves as advisor/sub-advisor to sponsored, affiliated and unaffiliated mutual funds and exchange-traded funds (collectively, “Funds”) where investment decisions are implemented on a fully discretionary basis, subject to the requirements of the Investment Company Act of 1940 and restrictions contained within the related Prospectus and Statement of Additional Information for each fund. Finally, Vaughan Nelson participates as a non-discretionary sub-adviser to wrap programs where the investment advice is provided to affiliated and unaffiliated sponsors (the investment advisor) who then have discretion over the implementation, including trade execution, of the investment advice. In certain circumstances the investment advisor will communicate trade appetite back to Vaughan Nelson for execution on a ‘stepped-out’ basis. It is the responsibility of the affiliated and unaffiliated sponsors of the wrap programs to take into consideration the financial situation and any needs of the ultimate client. For this service, Vaughan Nelson is paid a portion of the wrap fee paid by the client to the program sponsor. Performance differences between all Vaughan Nelson’s clients will occur due to differences in cash availability, investment restrictions, account sizes, trade sequencing (see Item 12 Brokerage Practices) and other factors. Discretionary and Non-Discretionary assets (inclusive of those for which a model is provided but not included in RAUM of $1,754,317,146) as of 12/31/23 are broken down as follows: Discretionary Assets $14,696,062,060 Non-Discretionary Assets $1,760,580,272 Total Assets $16,456,642,332 Business Continuity For purposes of business continuity, Vaughan Nelson’s primary information and data are hosted on premises in our Houston office and redundantly in a third-party, Boston, MA (~1600 miles from Houston) based data center facility (Markley Center). Both environments have high levels of both physical security and redundant power/data providers for maximum availability. Additionally, there are multiple layers of redundancy within the virtualized server environment both in Houston and hosted at the Markley Center. All infrastructure managed by Vaughan Nelson is kept in sync on a near real-time interval for all network drives and files with additional full tape backups kept offsite. For critical applications, the firm’s trading, compliance, and portfolio accounting systems are hosted by NIM-os (a non-advisory operating services affiliate) with multiple layers of redundancy and SLAs in place for system availability. All employees are able to work remotely within this infrastructure in order to continue operations when the Business Continuity Plan is activated (e.g. hurricane, pandemic). Vaughan Nelson also maintains an office space “hot-site” at dedicated company leased office space in Austin, Texas should the need arise. The Austin office space facility houses the infrastructure necessary to recover (i.e. phone, connectivity to data center, workstations, redundant internet access, etc.) in the event physical access to the Houston facility is lost.