Firm Description Founded in 2001, TOWER BRIDGE ADVISORS (referred to below as “Tower Bridge” or the “Company”) provides personalized confidential investment management services and advice to individuals, pension and profit sharing plans, trusts, estates, charitable organizations and small businesses. With the exception of two minority shareholders, the Company is all employee-owned. The primary shareholder is James Meyer. Types of Advisory Services  Discretionary Asset Management Tower Bridge’s principal business is providing discretionary investment supervisory services, also known as asset management services. We base these services on a careful analysis of a client’s total financial position, including the client’s documented financial resources and investment goals and objectives. While a discretionary account arrangement generally authorizes Tower Bridge to buy and sell securities for managed accounts without obtaining specific client consent, clients may impose restrictions on the purchase of certain securities or types of securities for their accounts. We invest client assets primarily in equities (stocks) and fixed-income securities, such as corporate debt securities, municipal securities and U.S. government securities. Investments may also include: warrants, commercial paper, certificates of deposit, investment company securities (variable annuities, and no-load, low-load mutual funds or exchange-traded funds), options contracts, futures contracts, and interests in partnerships (real estate, and oil and gas). Tower Bridge may also provide its discretionary management services through one or more “wrap-fee” programs. Under these programs the client is introduced to Tower Bridge by a program sponsor, who also acts as custodian of the funds and securities of the participating account; effects all purchases and sales of securities for that account; monitors Tower Bridge’s performance;

and provides periodic reports to the client. The program sponsor charges the client a comprehensive (or “wrap”) fee for all of the portfolio management, brokerage execution, custodial and administrative services rendered to the account and pays a portion of that comprehensive fee to Tower Bridge for the investment advice Tower Bridge renders.  Non-Discretionary Asset Management Tower Bridge also offers non-discretionary investment management services. Under such an arrangement, Tower Bridge regularly monitors a client’s account and makes buy/sell recommendations based on the client’s resources and objectives. However, before executing each trade for a non- discretionary account, a Tower Bridge portfolio manager must first obtain the client’s permission.  Other Advisory Services In addition to the foregoing investment supervisory services, Tower Bridge may also, from time to time, furnish existing clients with generalized investment advice through individual consultations or may prepare special reports or analyses relating to securities or other business matters. We also provide a limited financial planning service as an ancillary offering to our clients. This service utilizes financial planning software to create projections of cash flows based on the client’s specified criteria. Tower Bridge does not charge a separate fee for this service, and does not provide tax- planning advice. Finally, several times a year, Tower Bridge prepares and distributes an investment letter to clients and certain prospective clients and other parties. Tower Bridge does not charge a separate fee for this product. Assets Under Management As of February 23, 2024, Tower Bridge managed approximately $1.86 billion in assets for approximately 523 clients. Of this total amount, approximately $1.7650 billion was managed on a discretionary basis, and $90.8 million was managed on a non-discretionary basis.