General Information Eastover Investment Advisors, LLC, was formed in 2009, when it purchased Eastover Capital Management. Eastover Capital Management was originally formed in 1988 by Donald Toney, who continues to serve on Eastover’s Investment Committee. Eastover Investment Advisors, LLC uses the d/b/a of Eastover Capital Management (“Eastover”) and provides portfolio management services to its clients. Yancey Williams (“Will”) Mackey is the sole principal owner of Eastover. Please see Brochure Supplement, Exhibit A, for more information on Mr. Mackey and other individuals who formulate investment advice and have direct contact with clients or have discretionary authority over client accounts. As of December 31, 2023, Eastover managed $306,818,107 client assets on a discretionary basis and $20,913,608 client assets on a non-discretionary basis. SERVICES PROVIDED At the outset of each client relationship, Eastover spends time with the client, asking questions, discussing the client’s investment experience and financial circumstances, and reviewing options for the client. Based on its reviews, Eastover generally develops with each client:
• a financial outline for the client based on the client’s financial circumstances and goals, and the client’s risk tolerance level (the “Financial Profile” or “Profile”); and
• the client’s investment objectives and guidelines (the “Investment Plan” or “Plan”). The Financial Profile is a reflection of the client’s current financial picture and a look to the future goals of the client. The Investment Plan outlines the types of investments Eastover will make on behalf of the client to meet those goals. The Profile and the Plan are discussed regularly with each client but are not necessarily written documents. Financial Planning Eastover offers limited financial planning services to those clients in need of such service in conjunction with Portfolio Management services. Eastover’s limited financial planning services normally address areas such as general cash flow planning, retirement planning, and insurance analysis. The goal of this service is to assess the financial circumstances of the client to more effectively develop the client’s Investment Plan. Financial Planning is not offered as a stand-alone service or for a separate fee but is typically provided in conjunction with the management of the portfolio. Portfolio Management As described above, at the beginning of a client relationship, Eastover meets with the client, gathers information, and performs research and analysis as necessary to develop the client’s Investment Plan. The Investment Plan will be updated from time to time when requested by the client, or when determined to be necessary or advisable by Eastover based on updates to the client’s financial or other circumstances. To implement the client’s Investment Plan, Eastover will manage the client’s investment portfolio on a discretionary basis. As a discretionary investment adviser, Eastover will have the authority to supervise and direct the portfolio without prior consultation with the client.1 Notwithstanding the foregoing, clients may impose certain written restrictions on Eastover in the management of their investment portfolios, such as prohibiting the inclusion of certain types of investments in an investment portfolio or prohibiting the sale of certain investments held in the account at the commencement of the relationship. Each client should note, however, that restrictions imposed by a client may adversely affect the composition and performance of the client’s investment portfolio. Each client should also note that his or her investment portfolio is treated individually by giving consideration to each purchase or sale for the client’s account. For these and other reasons, performance of client investment portfolios within the same investment objectives, goals and/or risk tolerance may differ, and clients should not expect that the composition or performance of their investment portfolios would necessarily be consistent with similar clients of Eastover. Retirement Plan Advisory Services Establishing a sound fiduciary governance process is vital to good decision-making and to ensuring that prudent procedural steps are followed in making investment decisions.

Eastover will provide Retirement Plan consulting services to Plans and Plan Fiduciaries as described below. The particular services provided will be detailed in the consulting agreement. The appropriate Plan Fiduciary(ies) designated in the Plan documents (e.g., the Plan sponsor or named fiduciary) will (i) make the decision to retain our firm; (ii) agree to the scope of the services that we will provide; and (iii) make the ultimate decision as to accepting any of the recommendations that we may provide. The Plan Fiduciaries are free to seek independent advice about the appropriateness of any recommended services for the Plan. Retirement Plan consulting services may be offered individually or as part of a comprehensive suite of services. The Employee Retirement Income Security Act of 1974 (“ERISA”) sets forth rules under which Plan Fiduciaries may retain investment advisers for various types of services with respect to Plan assets. For certain services, Eastover will be considered a fiduciary under ERISA. For example, Eastover will act as an ERISA § 3(21) fiduciary when providing non-discretionary investment advice to the Plan Fiduciaries by recommending a suite of investments as choices among which Plan Participants may select. Also, to the extent that the Plan Fiduciaries retain Eastover to act as an investment manager within the meaning of ERISA § 3(38), Eastover will provide discretionary investment management services to the Plan. With respect to any account for which Eastover meets the definition of a fiduciary under Department of Labor rules, Eastover acknowledges that both Eastover and its Related Persons are acting as fiduciaries. Additional disclosure may be found elsewhere in this Brochure or in the written agreement between Eastover and Client. Fiduciary Management Services
• Discretionary Management Services When retained as an investment manager within the meaning of ERISA § 3(38), Eastover provides continuous and ongoing supervision over the designated retirement plan assets. 1 Eastover has a legacy fee-sharing arrangement with a Separate Account Manager (“Manager”) to provide discretionary investment management services to a few of Eastover’s clients. Eastover does not select or recommend Managers to new clients. Eastover will actively monitor the designated retirement plan assets and provide ongoing management of the assets. When applicable, Eastover will have discretionary authority to make all decisions to buy, sell or hold securities, cash or other investments for the designated retirement plan assets in our sole discretion without first consulting with the Plan Fiduciaries. We also have the power and authority to carry out these decisions by giving instructions, on your behalf, to brokers and dealers and the qualified custodian(s) of the Plan for our management of the designated retirement plan assets.
• Discretionary Investment Selection Services Eastover will monitor the investment options of the Plan and add or remove investment options for the Plan without prior consultation with the Plan Fiduciaries. Eastover will have discretionary authority to make and implement all decisions regarding the investment options that are available to Plan Participants.
• Investment Management via Model Portfolios. Eastover will provide discretionary management of Model Portfolios among which the participants may choose to invest as Plan options. Plan Participants will also have the option of investing only in options that do not include Model Portfolios (i.e., the Plan Participants may elect to invest in one or more of the mutual fund options made available in the Plan, and choose not to invest in the Model Portfolios at all). Non-Fiduciary Services
• Participant Education Eastover will provide education services to Plan Participants about general investment principles and the investment alternatives available under the Plan. Education presentations will not take into account the individual circumstances of each Plan Participant and individual recommendations will not be provided unless a Plan Participant separately engages Eastover for such services. Plan Participants are responsible for implementing transactions in their own accounts.
• Participant Enrollment Eastover will assist with group enrollment meetings designed to increase retirement Plan participation among employees and investment and financial understanding by the employees.