Woodmont is a registered investment adviser with its principal place of business located in Tennessee. Woodmont began conducting business as a registered investment adviser in 2000. The principal owners of Woodmont Investment Counsel, LLC are SSC WIC Holdings, LLC, Stephen Frohsin, who is a principal, and portfolio manager and Will Ed Settle, who is a principal and portfolio manager. We provide discretionary investment management and counsel on a fee-basis only. As fiduciaries on behalf of our clients, we determine and implement investment transactions in accordance with our understanding of each client’s financial circumstances and investment goals. Client portfolios are typically balanced among equity, fixed-income and cash equivalent securities. In discretionary relationships, clients may establish restrictions on our management of their investments and we also provide non-discretionary investment management services under which we give investment advice to the client with the client responsible for acceptance and implementation of the advice. Before we execute the first transactions for clients, we acquire a thorough understanding of their financial circumstances and investment goals. This includes the family's estate, business, tax and retirement planning, insurance needs and related matters. If we see gaps that should be addressed, we work with the client's legal, accounting and other advisers or we make referrals to those who have the necessary expertise. After we are familiar with our clients' circumstances and goals and their ability and willingness to assume risk, we present

an investment strategy and asset allocation plan tailored to their specific situation. We establish the appropriate stock/bond ratio. Within the equity component, we set diversification guidelines among various sectors including large-, mid- and small-capitalization, growth, value, and international. For most clients, we are the sole manager. If a client has other investment managers, we may adjust allocations in the Woodmont portfolio accordingly. If the client has more than one account (for example, a personal trust, an IRA and a family foundation), we establish separate investment strategies for each as appropriate. After the client approves our investment strategy, we build the portfolio using individual stocks and bonds, exchange traded funds (ETFs), no-load mutual funds and, where appropriate, alternative investments including REITs, commodities, and private equity and other limited partnerships. As our responsibilities to our clients require, we are familiar with general legal, tax, estate planning and accounting matters. We hope to be helpful to clients in these areas but we are not qualified to offer professional advice and clients should not assume we are providing such services at any time. Woodmont is not a trust or banking institution and we do not provide trust services, but we can recommend trust services to clients who need them. Assets Under Management As of December 31, 2023, Woodmont had a total of $1, 410,518,396 Assets Under Management, $1,377,048,650 of which was in discretionary assets and $33,469,746 of which was in non-discretionary assets.