Description of Firm Established in 2001, Veratis Advisors, Inc. (VAI) is an independent, fee-only advisory firm providing services to corporate retirement plan clients and personal clients.
Advisory Services for Corporate Retirement Plan Clients We provide retirement plan advisory services to plan sponsors. This includes Plan consulting and investment advisory services. The consulting and investment advisory services will be non- discretionary in nature with the ultimate decision to act on behalf of the plan remaining with the plan sponsor or other named fiduciary. Our investment advice is limited to publicly traded mutual funds, stable value collective trust funds, insurance company fixed accounts and the various methods available in the industry to assist retirement plan participants with their asset allocation decisions. We do not provide legal advice.
Our plan consulting services are tailored to each client by evaluating their needs and objectives and providing advice accordingly. We also assist our clients with the selection and monitoring of a menu of investment options that meet the needs of the plan participants.
We will consider a client's request for specific investment options and we will evaluate those options using the same methods and criteria used in our selection process for identifying the funds we recommend. If the funds do not meet the standards we require, we will inform the client that we will be unable to fulfill their request. Refer to the Methods of Analysis, Investment Strategies and Risk of Loss (Item 8) for additional disclosures on this topic.
Advisory Services for Personal Clients Portfolio Management Services If you participate in our discretionary portfolio management services, we require you to grant us discretionary authority to manage your account. Subject to a grant of discretionary authorization, we have the authority and responsibility to formulate investment strategies on your behalf. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without obtaining your approval prior to each transaction. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm, a power of attorney, or trading authorization forms.
Financial Planning Services We offer financial planning services which typically involve providing a variety of advisory services to clients regarding the management of their financial resources based upon an analysis of their individual needs. These services can range from broad-based financial planning to consultative or single subject planning. If you retain our firm for financial planning services, we will meet with you to gather information about your financial circumstances and objectives. We may also use financial planning software to determine your current financial position and to define and quantify your long-term goals and objectives. Once we specify those long-term objectives (both financial and non-financial), we will develop shorter-term, targeted, objectives. Once we review and analyze the information you provide to our firm and

the data derived from our financial planning software, we will deliver a written plan to you, designed to help you achieve your stated financial goals and objectives.
Financial plans are based on your financial situation at the time we present the plan to you, and on the financial information you provide to us. You must promptly notify our firm if your financial situation, goals, objectives, or needs change.
4 You are under no obligation to act on our financial planning recommendations. Should you choose to act on any of our recommendations, you are not obligated to implement the financial plan through any of our other investment advisory services. Moreover, you may act on our recommendations by placing securities transactions with any brokerage firm.
Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you. 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. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.
Types of Investments We primarily offer advice on publicly traded mutual funds, exchange-traded funds, and cash equivalent instruments. Refer to the Methods of Analysis, Investment Strategies and Risk of Loss (Item 8) for additional disclosures on this topic. In addition, we may advise you on various types of investments based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship.
Assets Under Management As of December 31, 2023, we provide continuous management services for $275,692,580 in client assets on a discretionary basis and $4,153,539,584 client assets on a non-discretionary basis.