Pilotage Private Wealth AG (hereinafter “PPW” or “firm” or “we”) is an SEC-registered investment adviser with its principal place of business located in Zürich, Switzerland. PPW began conducting business as a registered investment adviser in 2014. Yann Rousset is the principal owner of PPW. (For purposes of this Brochure, principal ownership means control of 25% or more of an entity). Yann Rousset is Chief Executive Officer and Arberia Kasapi is Chief Operating Officer and Chief Compliance Officer of PPW. PPW offers the following advisory services to our clients: Asset Allocation Services We manage investment advisory accounts through Asset Allocation Services using proprietary model portfolios. Each model portfolio is designed to meet a particular investment goal. Through personal discussions and a comprehensive information gathering process, each client’s investment goals and objectives are established. From this information, we will determine which of its model portfolios is suitable to the client's particular circumstances. We may, if appropriate, suggest modifications to the model or an allocation among two or more of the models to more adequately address the client's individual needs. Once the appropriate portfolio(s) has been determined, the client will receive a confirmation of the proposed portfolio and the portfolio will generally be managed based on the portfolio's goal, rather than on each client's individual needs. Clients, nevertheless, will have the opportunity to place reasonable restrictions on the types of investments to be held in the client's account. Clients will retain individual ownership of all portfolio securities. PPW will manage advisory accounts on a discretionary or non-discretionary basis, depending on the client’s preference. PPW may select a sub- advisor to assist with portfolio implementation and trading. When a sub-advisor is used, the accounts will be managed in accordance with PPW’s custom models. PPW will provide the sub-advisor with the securities and allocations for each custom model and will retain sole responsibility for security research and due diligence. PPW will retain discretionary authority to hire or fire the sub-advisor and to make reallocation and rebalancing decisions. Those clients whose accounts will be handled by a sub-advisor will receive a copy of the sub-advisor’s disclosure brochure (i.e., Form ADV Part 2) and Privacy Notice. Account supervision will be performed by PPW and is guided by the stated objectives of the client (i.e., maximum capital appreciation, growth, income, or growth and income). For client accounts handled by a sub-advisor, PPW will continuously monitor the sub-advisor’s services and be available to answer client questions regarding the sub-advisor. Each model portfolio is constructed primarily of mutual funds, exchange traded funds (ETFs), exchange traded notes (ETNs) and other pooled investment vehicles. PPW will allocate the client's assets among various investments taking into consideration the overall management style selected by the client. Weighting among asset classes is determined by the appropriate model. Also, in certain circumstances where there is not a tax efficient fund or investment (or restrictions such as Reg. D and Qualified Purchaser) for a US taxpayer, PPW would look to generate market exposure using individual securities and fixed income instruments. Example: CHF and EUR laddered bond portfolio or an International SRI portfolio. PPW will be inheriting portfolios with such positions that PPW would look to unwind to put in our strategies. However because of taxable consequences and market environments, PPW has to carefully manage such positions which could take time (i.e. long term capital gains vs. short term). Pilotage Private Wealth AG /Firm Brochure 1/2024 Page 5 of 16 We will primarily use institutional asset class funds in client portfolios unless we determine that a better alternative is available. Institutional, style-specific, asset class funds are used to effectively mirror the various asset classes of the model portfolio and to minimize client costs. ETFs will be selected on the basis of any or all of the following criteria as they relate to the security or its underlying index: performance history; industry sector; management

style and philosophy; track record; investment objectives; composition and focus, and; fee structure and expenses. In order to ensure that our initial determination of an appropriate model portfolio continues to be suitable and that the client's account continues to be managed in a manner fitting to the client's financial circumstances, PPW seeks to maintain current client suitability information on file at all times. As such, we respectfully request prompt notification of any material change in the client's financial circumstances. While we continuously monitor the underlying securities in client accounts, each client account is reviewed at least quarterly and rebalanced as necessary. If PPW believes that a reallocation is necessary, for example, that a particular investment is performing inadequately, or that a different investment is more appropriate for the client account, then PPW will recommend a different investment and will reinvest or instruct the sub-advisor to reinvest the client’s assets in accordance with the discretionary authority granted by the client. Financial Planning Services We may also provide advice in the form of a financial plan designed to assist a client in achieving his or her stated financial goals and objectives. In general, the financial plan may address the following areas of concern:
• Tax & Cash Flow: Income tax and spending analysis and planning for past, current and future years. PPW will illustrate the impact of various investments on a client's current income tax and future tax liability.
• Personal: Family records, budgeting, personal liability, estate information and financial goals.
• Education: Education IRAs, financial aid, state savings and 529 plans, grants and general assistance in preparing to meet dependents continuing educational needs through development of an education plan.
• Death & Disability: Cash needs at death, income needs of surviving dependents, estate planning and disability income analysis.
• Retirement: Analysis of current strategies and investment plans to help the client achieve his or her retirement goals.
• Investments: Analysis of investment alternatives and their effect on a client's portfolio. We gather necessary information through in-depth personal interviews. Information gathered includes a client's current financial status, future goals and attitudes towards risk. Related documents supplied by the client are carefully reviewed, including a questionnaire completed by the client, and a written report is prepared. Should a client choose to implement the recommendations contained in the plan, we suggest that the client work closely with his/her attorney, accountant, insurance agent, and/or stockbroker. Implementation of financial plan recommendations is entirely at the client's discretion. Financial Planning recommendations are not limited to any specific product or service offered by a broker dealer or insurance company. All recommendations are of a generic nature. However, Financial Planning is not a stand-alone service of PPW and is typically offered only in connection with the firm's Asset Allocation Services. Financial Planning is designed to provide PPW with a holistic view of the client’s Pilotage Private Wealth AG /Firm Brochure 1/2024 Page 6 of 16 financial circumstances and to form a solid foundation for investment recommendations made through the client’s managed portfolio. As such, there is no additional fee charged for Financial Planning Services. Consulting Services PPW also seeks to secure consulting mandates to collaborate with enterprising, global families to aid them in meeting their family’s current and future goals. These services may include, but are not limited to, advice regarding family governance, construction of family constitutions and mission statements, improving operating costs/margins, selection of professional advisors, due diligence on investment and manager selection as well as creation of investment policy statements. Amount of Managed Assets As of 12/31/2023, we were actively managing $119,163,504 of client assets on a discretionary basis and $40,546,755 of client assets on a non-discretionary basis.