Page 4 A. Fort Sheridan Advisors LLC Fort Sheridan Advisors LLC (“Fort Sheridan” and/or the “Firm”) is an Illinois limited liability company headquartered in Highland Park, Illinois. Fort Sheridan, an independent financial advisory firm, is principally owned by Managing Member Peter Karmin and has been continuously providing investment advisory services since 2009. B. Advisory Services Offered B.1. Discretionary Asset Management Services Fort Sheridan provides customized investment advice and management services. Fort Sheridan has clients with various asset levels. The Firm follows a long-term, value-investor approach regardless of the asset class, focusing on the global equity, fixed income, foreign exchange, commodity, and credit markets. Fort Sheridan provides its institutional clients with comprehensive investment solutions. The Firm has extensive experience in global markets and deep analytical capabilities, and seeks to be an extension of each client's investment team by acting as a partner who will construct, execute, and manage unique investment portfolios across multiple asset classes on a global basis. Fort Sheridan determines the client’s individual objectives, time horizons, liquidity needs, and risk tolerance in the data-gathering process. Based on that information, a mandate for each account is created. Once it is approved, Fort Sheridan will create and manage a customized portfolio. Fort Sheridan receives a limited power of attorney (“LPOA”) from its discretionary clients to effect securities transactions pursuant to the strategies and securities described in Item 8 below. The Firm provides conflict-free services to its clients on a fixed-fee basis with no lockups, and does not accept soft dollars or any form of broker compensation. The individual objective of each client is paramount to the investment strategy. During initial and ongoing client discussions, goals and objectives for each account is established. Clients are required to provide the firm with any reasonable investment restrictions that should be imposed on the management of their portfolio,

and the portfolio is managed with those goals and objectives. B.2. Pension Consulting Services Fort Sheridan provides pension consulting services in the form of investment advice tailored to a specific pension fund’s Investment Policy Statement (“IPS”) or other applicable governing document, as mandated by the trustee(s) or investment committee. Such advice will generally involve the use of interest rate and / or equity swaps, and such other strategies as mandated by the IPS or permitted by the trustee(s) or investment committee. Page 5 C. Client-Tailored Services and Client-Imposed Restrictions Each client’s account is managed based on the client’s financial situation and investment objectives and in accordance with any reasonable restrictions imposed by the client on the management of the account—for example, restricting the type or amount of a security to be purchased in the portfolio. All clients are asked to promptly notify their Investment Adviser Representative (“IAR”) of any changes in investment restrictions, personal financial circumstances, investment objectives, goals, and/or tolerance. Fort Sheridan will also remind clients of their obligation to inform the Firm of restrictions or changes, and all clients will be contacted at least annually to ascertain if there have been any changes in a client's personal financial circumstances, investment objectives, or risk tolerance. D. Wrap Fee Programs Fort Sheridan does not participate in wrap fee programs as defined under Rule 204-3(g)(4) of the Investment Advisers Act of 1940, as amended. E. Client Assets Under Management Although Fort Sheridan had regulatory assets under management (as defined by the SEC) of approximately $647,937,167 at December 31, 2023, the firm also provided advisory and consulting investment services to pensions, foundations, and endowments which manage in excess of $1 billion. These services cover global equity, fixed income, currency, credit, and commodity markets. Such assets are not regulatory assets under management as defined by the SEC. Item 5: Fees and Compensation