Etesian Wealth Advisors Inc. is an investment adviser, registered in 2009 with the Securities and Exchange Commission. Stanley C. Lochrie, Barbara J. Lochrie, Jesse Steele and Benjamin Wright are the owners of Etesian Wealth Advisors Inc. Stan is the Chief Compliance Office (CCO). Etesian has been in business since January 2010. The primary focus of Etesian is multidisciplinary wealth management that includes financial planning, consulting on financial matters, and asset management services. We generally provide asset management services for the management of client accounts on a discretionary basis; however, we also manage accounts on a non- discretionary basis as requested by the client whereby we furnish investment advice through consultation, and provide advice on matters not directly involving securities, including financial and estate planning. Etesian is a fiduciary to our clients on all the accounts and relationships we manage. As a fiduciary, we are compelled to place the clients' interests above all others including our own. Clients are expected to notify Etesian of any changes in their financial situation, investment objectives or account restrictions. Asset Management Services Etesian manages accounts on a discretionary or non-discretionary basis as outlined in Etesian’s Account Management Service agreement (Investment Advisory Agreement). Our AssetManagement Services include the following:  Assessment of the client's investment needs and objectives  Development of an asset allocation strategy designed to meet the client's objectives  Preparation of a comprehensive financial plan (as outlined under “Financial Planning Services”)  Identification of suitable style objectives and investment vehicles for the client's goals  Creation of an investment policy  Setting up of a Client website for account reporting and financial planning  Initiating trades in client accounts  Working with custodians to arrange deposits, disbursements, and other transactions within client accounts  Periodic in-person meetings and on-going monitoring and review of all client accounts at the custodian  Account reporting and tax optimization functions and planning  Account rebalancing as appropriate to each client's unique situation Etesian, through discussions with the client, gathers and compiles information about the client's financial circumstances, investment objectives, risk tolerance, time horizon, investment preferences and other relevant factors. Etesian analyzes this information and prepares an investment strategy that is unique to each client in the form of an Investment Policy Statement (“IPS”) that includes risk/reward profile, asset allocation and investment portfolio recommendations, and asset classes, as well as rebalancing strategies. The purpose of the IPS is to provide Etesian with written, strategic plans to direct investment decisions for each client. The creation of the IPS provides Etesian the opportunity to discuss investment objectives with clients as well as educate them on various techniques and strategies. This information will allow Etesian to assess whether a particular security or investment manager is suitable for a client and serve as the basis for establishing the client’s strategic asset allocation. A focus on potential account losses which are consistent with a particular allocation is discussed to help a client visualize historical examples of risk/reward potentials and serve as the basis for establishing the client’s strategic allocations. Etesian then recommends portfolio assets based upon each client's strategic and tactical investment strategy as outlined in the IPS and allocates them among various securities and investments, including any third party money managers we recommend. P a g e | 6 Clients are expected to notify Etesian of any changes in their financial situation, investment objectives or account restrictions. Etesian Wealth Advisors Financial Planning Services Etesian develops a financial plan for each of its asset management clients, a service included in our asset management fee. We provide a secure website through eMoneyfor clients to access as part of our financial planning services. Etesian maintains both the planning website and financial information necessary to keep the clients plan current. The client’s online financial plan can be assessed at any time via the secure website that is secured with the client's login credentials. With additional authorization provided by the client, each financial plan can be updated with the clients current account values on a daily basis. Etesian manages the input of information relative to cash flows, taxes, estate planning, goals, spending, asset values and all aspects of each client's comprehensive financial needs. This information is continually used to assist Etesian in the preparation of reporting and consulting on the client's entire financial picture. Financial Planning Services include:  A customized Website for each client for all reporting and analysis  Assisting the client in setting long and short-term goals  Preparing a personal financial statement, cash flow statement and asset allocation  Preparing a retirement/long-term planning and insurance analysis  Developing a savings plan to reach long-term goals  Reviewing auto and home insurance coverage  Providing a customized financial plan and cash flow analysis Retirement Plan Services (corporate retirement plans) Etesian works with retirement plan sponsors of profit-sharing plans. We provide research and recommendations as to the design of the retirement plan, including investment options; however, we do not have discretionary authority on such retirements and do not select the investments for individual participants. Advisory services provided to a plan sponsor may include any or all of the following:  Due diligence on existing, potential, and selected investment managers and/or service providers  Retirement plan asset-class menu recommendations  Investment policy statement review or its development and implementation  Trustee education  Plan design recommendations  Periodic plan reviews with trustee(s), as appropriate  Investment monitoring reports  Substitution recommendations  Watch list recommendations  Model portfolio generation or guidance for participants  Participant educational workshops We are available to review an existing or prepare a new investment policy statement or similar plan document. The purpose of the investment policy statement is to assist investment committees in effectively supervising, monitoring and evaluating

the company's retirement plan. We may conduct ongoing assessments of the plan’s selected provider, and we may recommend replacement of some or all of the investments, the recordkeeper, third-party administrator and/or custodian. Our recommendations will depend on a combination of plan goals and objectives, updated due diligence information, as well as cost or other service considerations. P a g e | 7 We explicitly acknowledge our fiduciary role within the meaning of Section 3(21) of ERISA, which includes offering investment advice to plan sponsors and plan trustees on behalf of employee retirement plans. We do not act in a fiduciary role under Section 3(38) of ERISA and, as noted above, will not have discretion on any ERISA plan assets. Important Information for Retirement Investors When we recommend that you rollover retirement assets or transfer existing retirement assets, such as a 401(k) or an IRA, to our management, we have a conflict of interest. This is because we will generally earn additional revenue when we manage more assets. In making the recommendation, however, we do so only after determining that the recommendation is in your best interest. Further, in making any recommendation to transfer or rollover retirement assets, we do so as a “fiduciary,” as that term is defined in ERISA or the Internal Revenue Code, or both. We also acknowledge we are a fiduciary under ERISA or the Internal Revenue Code with respect to our ongoing investment advisory recommendations and discretionary asset management services, as described in the advisory agreement we execute with you. To the extent we provide non-fiduciary services to you, those will be described in the advisory agreement. Consulting Services As we describe above in this section of our brochure, our primary focus is on providing multidisciplinary wealth management that includes financial planning. However, upon request, we will provide stand-alone consulting services on an hourly basis. Examples of services we might provide under a consulting services engagement include assessment of client’s investment needs and objectives, development of an asset allocation strategy, evaluation and benchmark review, or recommendations of investment vehicles. Our advisory agreement will detail the engagement agreed upon between Etesian and client. Etesian will not provide a written analysis or report in connection with consulting services unless otherwise agreed to in our engagement. Types of Investments used in Etesian Accounts Etesian offers advice on a broad spectrum of investments and investment programs including short-term money market securities, corporate, municipal and US government fixed income securities, exchange listed over-the- counter and foreign equities, investment company securities such as mutual funds and Exchange Traded Funds (ETF’s) Both Mutual Funds and Exchange Traded Funds (ETF’s) may include derivative securities such as warrants and options and direct participation partnerships. Investments such as commodities and futures contracts will be provided as part of mutual funds. We can also provide advice about any type of preexisting investment held in a client’s portfolio when opening an account with us. Our asset management services are limited to recommending publicly-traded securities. Occasionally, a client will seek our opinion about a private (non-publicly traded) investment and we will provide an opinion based on a review of the known merits of such an investment. However, we do not facilitate the client’s investment, provide ongoing advisory services with respect to such investments, or charge a fee on such investments. Some private investments are reported on through the client’s custodian, but are for informational purposes and are not included in our ongoing asset management services. Note of Importance on account management and security selection - Because we perform advisory services for more than one client account, it is possible that conflicts of interests are created as they relate to managing any one account in context to how we manage the allocation of investment opportunities among all accounts we manage. When this potential conflict happens, we work to resolve all such conflicts in a manner that is fair to all of our clients. As a result, we give advice and take action for one client that is different than the advice given or action taken for another client. In that regard, we have no obligation to recommend or conduct the purchase, or sale, of any security that our advisors, managers, members, officers, or employees choose to purchase or sell for their own accounts, or for the account of another client. If it is our opinion that a sale or purchase of a P a g e | 8 particular security is unsuitable, impractical, or undesirable for a specific client, that transaction will not be placed. As an example, in some situations, there might not be sufficient available supply of a particular security for all of our clients for whom it might be suitable. In such a case of limited availability, we will, within our sole discretion, determine in a manner of our choosing how to allocate the security among our clients. However, it is our policy to allocate investment opportunities over a period of time on a fair and equitable basis to all clients to the extent it is practical to do so. Client restrictions on assets managed, purchased, or sold In certain circumstances, a client may restrict what securities, or type of securities, that can, or cannot, be held, bought, or sold in their portfolios. In such cases, the specific restrictions must be in writing and listed on the IPS, and then those assets will be held in a separate account with restricted trading authority by Etesian. In cases of restrictions, no trades will be initiated by Etesian on these accounts without client permissions. In other circumstances, a client can specify what type of securities he/she would not like held in the account. This is generally the case with socially responsible investing. The specific restrictions must be provided to us in writing and incorporated as part of the client IPS. Where restrictions apply on accounts managed by Etesian, the potential for loss in the account might be elevated. In these situations, we inform the client of the potential risks to the best extent possible. Assets managed by Etesian Wealth Advisors As of February 7, 2024, we managed the following client assets: Discretionary assets -- $280,576,714 Non-Discretionary Assets -- _$4,166,239 Total Assets Managed -- $284,742,953