Reynders, McVeigh Capital Management, LLC (“Reynders, McVeigh” or the “Firm”) is committed to a long-term, sustainable investment approach in its investment advisory services to its clients. The Firm was founded in 2005 and is organized as a limited liability company under the laws of the Commonwealth of Massachusetts. The principal owners are Charlton Reynders III and Patrick McVeigh. Mr. Reynders serves as Chairman & Chief Executive Officer. Mr. McVeigh serves as President and Chief Investment Officer. The Firm offers discretionary investment management services to separately managed accounts and a mutual fund; non-discretionary investment management services to separately managed accounts, wherein the Firm is responsible for arranging for the execution of transactions when the client accepts the Firm’s recommendation; asset advisement to trustee law firms and family offices, wherein the Firm provides investment advice but is not responsible for the execution of transactions when the Firm’s recommendations are accepted; and investment consulting services, which include the provision of investment research and model portfolio advice and strategies, wherein the clients are responsible for determining in what manner and to what extent they utilize the advice provided. The Firm does not include assets of clients who receive investment consulting services in any regulatory reporting category. The Firm also generally provides financial planning services to retail investor clients who meet and maintain the minimum investment requirement for separately managed accounts. Reynders, McVeigh’s investment advice and portfolio management services are provided on a continual basis. Services include the research and selection of equity and fixed income instruments and the appropriate allocation of these assets, in combination with a cash reserve, for client portfolios. The Firm offers financial

advice and assistance in the review and implementation of retirement and estate planning, as well as trustee services. The Firm researches and recommends Impact Investments, which (as further defined below) seek an environmental or social return alongside a financial return, to clients who express an interest in such investment vehicles. Reynders, McVeigh acts as investment adviser to the Reynders, McVeigh Core Equity Fund (“the Fund”), a mutual fund series of the Capitol Series Trust, a registered open-end management investment company registered with the SEC under the Investment Company Act of 1940, as amended. Reynders, McVeigh tailors its advisory services to clients’ objectives and constraints. The Firm assists clients in assessing their appropriate investment objectives, helps set reasonable and responsible goals, and designs investment plans that meet clients’ needs. Clients may impose restrictions on investing in specific issuers or types of securities at any time by notifying their portfolio manager by phone or email, or by including the stipulation in the additional instructions section of their Investment Management Agreement. Specific client restrictions are maintained in the Firm’s trading systems to ensure that portfolios adhere to stated directives. Each portfolio is assigned to a counselor, and most portfolios have a portfolio manager who reports to the counselor for that client relationship. Either the counselor or portfolio manager, when one is assigned, is responsible for the day-to-day management of that account. As of December 31, 2023, Reynders, McVeigh managed (the following numbers are approximations) client assets of $3.6548 billion of which $3.4272 billion was managed on a discretionary basis and $227.6 million was managed on a non-discretionary basis. In addition, Reynders, McVeigh advised directly on assets of approximately $2.5683 billion.