Founded in 1949, Cooke & Bieler is an institutional and private asset manager with approximately $11.8 billion under management. We have been managing equity portfolios for 74 years, employing a “High Quality, Low Risk” approach. Cooke & Bieler is an independent firm owned by its partners. Collectively, our internal partners own approximately 80% of the firm with ownership broadly spread among internal owners; there are no principal owners controlling 25% or more of Cooke & Bieler. We believe our partnership structure best aligns our interests with those of our clients and allows us to recruit and retain talented professionals. Cooke & Bieler is primarily a domestic equity value manager. The firm provides investment advice with respect to the following strategies: Large Cap Value, Mid Cap Value, All Cap Value, Small Cap Value, SMID Cap Value, Concentrated Value and Balanced. Our advice is limited to those types of investments. Cooke & Bieler is employed by its clients as an investment adviser with either discretionary authority or non-discretionary authority. For those accounts for which Cooke & Bieler has discretionary authority, the firm supervises and directs the investments of the account in accordance with the investment objectives communicated by the client. For discretionary accounts, Cooke & Bieler, as agent, may without prior consultation with the client place and execute orders to buy, sell, exchange, convert, and otherwise trade securities. For those accounts for which Cooke & Bieler has non-discretionary authority, Cooke & Bieler makes recommendations to the client who makes all investment decisions. For non-discretionary accounts, Cooke & Bieler may or may not be authorized to place orders for the execution of securities transactions. Most of our institutional clients’ portfolios are managed similarly, with each client in a given strategy owning the same securities in roughly the same proportions, barring client restrictions. Some clients impose investment guidelines or restrictions to which the firm will adhere. For our individual or high net worth (HNW) clients, we offer more customized portfolios depending on their individual circumstances. We attempt to

manage these portfolios in a tax-efficient manner, by seeking to avoid short-term capital gains, managing turnover, and using losses to offset gains. However, we do not give tax advice and recommend that each of our clients seek his or her own tax advisor. Given that clients have differing situations, HNW portfolios may differ from each other and from institutional accounts in similar strategies. As of December 31, 2023, Cooke & Bieler managed $10,125,629,027 in discretionary assets and $1,709,127,241 in non-discretionary assets for a total of $11,834,756,269 in assets under management. In addition, as of December 31, 2023, we have assets under advisement (AUA) of $280,861,640 from one Unified Managed Account (UMA) platform. Cooke & Bieler has entered into an arrangement with BMO Private Investment Counsel, Inc. (BPICI) in which we provide them with our daily Large Cap Value model portfolio. BPICI, acting as the adviser and overlay portfolio manager, will execute transactions on their clients’ behalf. We receive a portion of the UMA program fee for our services. Cooke & Bieler also serves as investment adviser and sub-adviser to mutual funds. The compensation paid to Cooke & Bieler from these funds varies from our standard fee schedule outlined below. The financial terms of these engagements are covered in the advisory agreements entered into between the fund (or its adviser in sub-advised cases) and Cooke & Bieler, which is disclosed in each fund’s prospectus and public filings. Collective Investment Fund Management – Subadvisory Services SEI Trust Company (SEI or the Trustee) has retained Cooke & Bieler to act as investment adviser with respect to the Cooke & Bieler Master Collective Investment Trust (the Trust). The CITs are bank-maintained trusts that hold the commingled assets of certain participating qualified corporate and governmental retirement plans, including certain defined benefit and defined contribution plans. Cooke & Bieler currently serves as the investment adviser to the Trust consisting of the following funds: Cooke & Bieler Large Cap Value CIT Cooke & Bieler Mid Cap Value CIT Cooke & Bieler SMID Cap Value CIT