Global Wealth Management, L.C. is a portfolio management company that provides comprehensive investment supervisory services to individuals, families, trusts and other business entities. Global Wealth Management, L.C. provides both investment advice (non- discretionary) and asset management (discretionary) services, based on the scope of the client engagement. We believe in global diversification to achieve capital preservation with firm long-term growth and our focus is on global and international investment opportunities. Portfolios can be customized to suit your investment needs and goals. You have the option of imposing reasonable investment restrictions on certain securities, industries, or sectors by providing us with written instructions when you open your advisory account or at any time thereafter. All partners and portfolio managers of Global Wealth Management, L.C. have broad long-term experience in managing global and international investment portfolios. Global Wealth Management, L.C. was registered as an investment adviser in 2009 and is now directly owned by H&N Holding AG that is principally owned by Olaf Herr, Silvan Nötzli and Thomas U. Heierli as they own more than 25% but less than 50% of the holding company. IRA Rollover Recommendations For the purpose of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02"), when applicable, we are providing the following acknowledgment to clients. When we provide investment advice to clients regarding their retirement plan account or individual retirement

account, we are a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with client interests. We operate under an exemption that requires we act in the clients’ best interest and not put our or our employees’ interests ahead of the clients. Under this exemption, we must:
• meet a professional standard of care when making investment recommendations (give prudent advice),
• never put our or our employees’ financial interests ahead of the clients when making recommendations (give loyal advice),
• avoid making misleading statements about conflicts of interest, fees, and investments,
• follow policies and procedures designed to ensure that we and our employees give advice that is in the clients’ best interest,
• charge no more than is reasonable for services, and
• give the clients basic information about conflicts of interest. We benefit financially from the rollover of the clients’ assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when our and our employees believe it is in the clients’ best interest. As of December 31, 2023, Global Wealth Management, L.C. had the following amounts of client assets under management: $ 115,043,594 in discretionary assets $ 9,513,572 in non-discretionary assets