Advisory Firm Description F.N.B. Investment Advisors, Inc. (“FNBIA,” “us”, “we”) became a federally registered investment adviser in 1999. Prior to 1999 client assets were managed through the investment department of First National Trust Company. FNBIA is affiliated as follows: F.N.B. Wealth Management refers to the combined services of First National Trust Company (“FNTC”), F.N.B. Investment Advisors, Inc. (“FNBIA”), and F.N.B. Investment Services. (“FNBIS”). (All references to Assets Under Management in this presentation include only FNBIA and discretionary FNTC assets that FNBIA has been contracted to manage.) F.N.B. Investment Services is a marketing name for Cetera Investment Services LLC, which may also provide investment services to clients of First National Bank of Pennsylvania (“FNBPA”), FNTC, and FNBIA. Any such provision of services would occur under a separate agreement unrelated to FNBPA, FNTC, or FNBIA. *Securities and insurance products are offered through Cetera Investment Services LLC, member FINRA/ SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with the financial institution where investment services are offered. Investments and insurance products are: *Not FDIC/NCUSIF insured *May lose value *Not financial institution guaranteed *Not a deposit *Not insured by any federal government agency. Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services. FNBIA is owned by FNTC, a nationally chartered trust company. FNTC is owned by FNBPA, which is in turn owned by F.N.B. Corporation (“FNB”), a public company listed on the New York Stock Exchange (Ticker ‘FNB’). Please see the section entitled “Glossary” found at the end of this Brochure for definitions of certain terms used herein. Type of Advisory Services FNBIA’s primary line of business is investment management and supervisory services. Under those services, FNBIA provides advice regarding cash, money market instruments, mutual funds, debt instruments, and equity securities. In addition to investment management and supervisory services, FNBIA offers advice in the following areas:
• Investment advice for alternative investments (illiquid investments, public or private partnerships)
• Cash management
• Debt management
• Employee benefits (investment management is provided by FNBIA, administration is conducted by FNTC as it relates to ERISA requirements) Tailoring of Advisory Services FNBIA considers each client’s (“you,” “your”) unique financial objectives and circumstances when making investment recommendations. Clients are permitted, in writing, to impose reasonable restrictions on investing in certain securities or security types, although FNBIA may decline to accept such restrictions, if necessary, to fulfill its fiduciary duty. As noted above, FNBIA is affiliated with two entities that provide insurance products to clients. Investment Strategies FNBIA offers the following investment strategies which seek to meet your unique objectives: Tactical Fundamental Core:
• Designed to generate a long-term total return that compares favorably with the blended benchmark. Appropriate for investors seeking capital appreciation with modest income.
• The portfolio consists of a moderately aggressive mix of large cap stocks and diversified satellite asset classes to enhance the “risk vs. return” profile. Tactical Fundamental Growth:
• Designed to generate a long-term total return that compares favorably with the blended benchmark. Appropriate for investors seeking price appreciation with no need for current income.
• The portfolio consists of an aggressive mix of large cap growth stocks and diversified satellite asset classes to enhance the “risk vs. return” profile. Tactical Fundamental Growth All Cap:
• Extension of the above-described Tactical Fundamental Growth strategy but designed for clients with larger risk appetite and comfortability with smaller growth stocks. Designed to generate return that compares favorably with the blended benchmark.
• The portfolio consists of an aggressive mix of large cap stocks with additional exposure to mid and small cap growth stocks and diversified satellite asset classes designed to enhance the “risk vs. return” profile. Tactical Fundamental Core Income:
• Designed to generate a long-term total return that compares favorably with the blended benchmark. Appropriate for investors seeking above-average income on a relative basis, with price appreciation as a secondary objective.
• The portfolio consists of a conservative mix of large cap dividend paying and growing stocks and diversified satellite asset classes with a value bias to enhance the “risk vs. return” profile. Tactical Dividend Income:
• Designed to generate a long-term total return that compares favorably with the blended benchmark. Appropriate for investors seeking above average and increasing annual income, with price appreciation as a secondary objective.
• The portfolio consists of a conservative mix of large cap dividend paying stocks and diversified satellite asset classes with a value bias to enhance the “risk vs. return” profile. Faith Based Values:
• Designed to generate a long-term total return that compares favorably to the Global X S&P 500 Catholic Value Index. Appropriate for investors interested in assets managed in accordance with the S&P 500 Catholic Value principles.
• The portfolio consists of a traditional mix of large cap stocks which seeks to comply with the highest social and moral criteria in security selection. Environmental, Social, and Governance (“ESG”):
• Designed to generate a long-term total return that compares favorably to

the MSCI US ESG Extended Focus Index. Appropriate for investors interested in assets managed with an ESG focus.
• The portfolio consists of a traditional mix of large cap stocks which comply with ESG principles. Core Fixed Income:
• Seeks to generate a long-term total return that compares favorably with the blended benchmark. Strategies are centered around intermediate- and longer-duration securities to enhance income/total return.
• Consists of fixed income positions comprised of Government, Agency, and Investment Grade Corporate bonds. Mutual Funds and ETFs are also utilized to provide diversity and liquidity. Tax Free Income
• Seeks to generate a long-term total return that compares favorably with the blended benchmark. The portfolio consists of a traditional mix of national municipal fixed income funds to enhance the “risk vs. return” profile.
• Two strategies focused on either complete exposure to municipal securities or with total return aspects that include a mix of higher yielding and international securities. FNBIA, when selecting securities for the above investment strategies, uses tools that may use a benchmark to compare the security in question that differs from the blended benchmarks we use in our strategies. This means the performance of that security in the model may lag or outperform the benchmark we have selected for that asset class. When creating a blended benchmark for a model, we select indices that we believe correlate closely with the construction of that model. Separately Managed Account Solutions Sponsored by F.N.B. Investment Advisors, Inc. Federated Investment Counseling Federated Investment Counseling (“FIC”) is a separately managed account platform that allows FNBIA to allocate client assets to a subadvisor, Federated Hermes, which will manage a client’s assets according to various investment objectives selected by the client. Please see the Addendum for “Federated Investment Counseling” for additional details on this program. Wrap Fee Programs FNBIA does not participate in any wrap fee programs. Retirement Plan and IRA Rollovers The US Department of Labor (“DOL”) Prohibited Transaction Exemption 2020-22 (“PTE 2020- 02”) requires fiduciaries to monitor and document IRA to IRA, Plan to IRA, IRA to Plan rollover transactions to determine if those recommendations are in your best interest. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest A client or prospective client leaving an employer typically has four options regarding an existing retirement plan (and could engage in a combination of these options): (i) leave the money in the former employer’s plan, if permitted, (ii) roll over the assets to the new employer’s plan, if one is available and rollovers are permitted, (iii) roll over to an Individual Retirement Account (“IRA”), or (iv) cash out the account value (which could, depending upon the client’s age, result in adverse tax consequences). When FNBIA recommends that a client roll over retirement plan assets or transfer IRA assets held away from FNBIA into an account to be managed by us, such a recommendation creates a conflict of interest as we will benefit financially by earning an advisory fee on the rolled over assets. As a fiduciary, we will only recommend a rollover when we believe it is in your best interest. No client is under any obligation to roll over retirement plan assets to an account managed by FNBIA. We have put procedures and a review process in place to examine retirement account rollovers and transfers prior to recommendation and execution of the rollover. The review process considers fees and expenses, services available, and investments available both at your current Plan or IRA provider and at FNBIA. ERISA / IRC Fiduciary Acknowledgment If the client is: (i) a retirement plan (“Plan”) organized under the Employee Retirement Income Security Act of 1974 (“ERISA”); (ii) a participant or beneficiary of a Plan subject to Title I of ERISA or described in section 4975(e)(1)(A) of the Internal Revenue Code, with authority to direct the investment of assets in his or her Plan account or to take a distribution; (iii) the beneficial owner of an Individual Retirement Account (“IRA”) acting on behalf of the IRA; or (iv) a Retail Fiduciary with respect to a plan subject to Title I of ERISA or described in section 4975(e)(1)(A) of the Internal Revenue Code: then FNBIA represents that it and its representatives are fiduciaries under ERISA or the Internal Revenue Code, or both, with respect to any investment advice provided by us or our representatives or with respect to any investment recommendations regarding an ERISA Plan or participant or beneficiary account. Assets Under Management FNBIA’s Assets under Management (“AUM”) as of 12/31/2023 are displayed below. Discretionary assets are those over which we have authority to make investment decisions while non-discretionary assets are those where clients make all investment decisions. To the extent clients may from time to time elect to direct unsolicited trades in their accounts, those trades are reported under discretionary assets.
• Discretionary AUM: $6,344,187,218
• Non-Discretionary AUM: $0