Firm Overview Invesco Managed Accounts, LLC (‘‘IMA’’ or the ‘‘Adviser’’) is a Washington limited liability company that is an investment adviser registered with the SEC and has been in business since 2003. IMA is an indirect, wholly owned subsidiary of Invesco Ltd., a publicly traded leading independent global investment management firm dedicated to helping investors worldwide achieve their financial objectives. Shares of Invesco Ltd. are listed on the New York Stock Exchange under the symbol “IVZ”, and Invesco Ltd. is a constituent of the S&P 500. Invesco Advisers, Inc. (“Invesco Advisers”), a subsidiary of Invesco Ltd., is an indirect owner of IMA. Invesco Ltd. and its wholly-owned investment adviser subsidiaries including IMA and its affiliates are referred to through this document collectively as “Invesco”. Investment Advisory Services IMA provides investment management services by building customized portfolios on a discretionary basis. Through IMA’s Separately Managed Accounts (SMAs), Clients can access a variety of investment strategies including tax efficient equity and fixed income. The strategies offered allocate assets among municipal securities, corporate debt securities, U.S. government securities, agency securities, mortgage pass-through securities, mutuals funds, ETFs, long and short exposure to common stocks, ADRs, GDRs, and foreign stocks while offering clients the chance to add further customizations. IMA’s services include: (i) the development of investment strategies, (ii) evaluation and appraisal of securities considered for purchase or sale, (iii) access within an SMA to investment strategies advised by its adviser affiliates, (iv) construction and transition of investment portfolios, (v) execution of securities transactions, and (vi) portfolio administration, including the tracking of and reporting on portfolio performance and investment results. IMA tailors its advisory services to meet the needs and objectives of its individual clients and continuously seeks to ensure that client portfolios are managed in a manner consistent with their specific investment profiles. IMA consults with clients on an initial and ongoing basis to determine various factors relevant to the management of their portfolios. Clients are advised to promptly notify IMA if there are changes in their financial situation or if they wish to place any limitation on the management of their portfolios. Clients may impose reasonable restrictions or mandates on the management of their account if IMA, in its sole discretion, approves the conditions and determines such restrictions would not be overly burdensome to IMA’s management of the account. Such restrictions may alter other characteristics and the risk profile of the account being built such that it no longer performs in line with other accounts within the same broader strategy. Wrap Programs IMA provides discretionary investment advisory services directly and indirectly to individuals, and to entities participating in separately managed account programs that we do not sponsor, also referred to as Wrap Programs (“Wrap Programs”). In a Wrap Program, IMA will provide certain investment management services, and the financial intermediary sponsoring the Wrap Program (“Program Sponsor”) will provide the client with other services such as determining the appropriate investment strategy for its client. The client’s Wrap Program agreement with its Program Sponsor generally sets forth the services to be provided to the client by or on behalf of the Program Sponsor, which can include, among other things: (i) manager selection; (ii) trade execution, often without a transaction-specific commission or charge; (iii) custodial services; (iv) periodic monitoring of investment managers; and (v) performance

reporting. Wrap Programs for which IMA provides certain advisory services include the following types:
• Traditional wrap (“Traditional Wrap”): IMA enters into a contract with the Program Sponsor but does not have a contract with the client. IMA makes investment decisions and places trades for client accounts. With respect to client accounts subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), IMA is an ERISA fiduciary service provider to the Traditional Wrap account.
• Dual contract (“Dual Contract”): IMA enters into a contract with the client and the client has a separate contract with the Program Sponsor. In some cases, IMA enters into a contract with an investment manager to act as a sub-adviser to its client accounts; the client has a separate contract with the investment manager, and the investment manager has an agreement with the Program Sponsor. In Dual Contract programs, IMA provides investment advisory services to the client and places trades for client accounts. With respect to client accounts subject to ERISA, IMA is an ERISA fiduciary service provider directly to the account (in accordance with the terms of IMA’s contract with the client (where applicable), as well as a registered investment adviser directly to the account. Where IMA manages a portion of a client’s Wrap Program account, IMA is responsible only for the assets over which it has discretion. IMA is not responsible for other assets held in the Wrap Program account nor the determination of what percentage of the total assets is allocated to IMA. IMA does not manage Wrap Program accounts differently from other client accounts except to the extent that a specific Wrap Program or account has restrictions that would prevent it from participating in trades executed for other accounts managed by IMA. IMA is not responsible for, and does not attempt to determine, whether a Wrap Program or a particular strategy or investment manager is suitable or advisable for the Wrap Program participant; this decision is made by the Program Sponsor and the underlying client. A client in a Wrap Program may if offered through the program restrict the purchase of certain securities, sectors, or categories of securities for its account. Such restrictions may adversely affect the account's performance and the account may not have the same performance as other accounts managed without similar restrictions in the same investment strategy. For example, in response to such restrictions, a change in the classification of a company, the grouping of an industry or the credit rating of a security may force IMA to sell securities in a client's account at an inopportune time in order to accommodate such restrictions and possibly cause a taxable event to the client. Adding a new restriction to an account that already holds securities may have similar effects of forcing IMA to place trades it otherwise would not have in order to accommodate the restrictions. Wrap Programs often have restrictions preventing IMA from transacting in or holding certain securities, trading with certain brokers, or participating in in offerings of certain new issue securities for accounts participating in the program. Such restrictions may adversely affect the account's performance and the account may not have the same performance as other accounts managed without similar restrictions in the same investment strategy. Wrap Program clients are urged to refer to the appropriate disclosure document and client agreement for more information about the Wrap Program, investment advisory services, fees (including fees that are not covered by the wrap fee), and contract termination provisions. As of December 31, 2023, IMA managed approximately $17,544,201,456 in assets on a discretionary basis.