Description of Services and Fees We are a registered investment adviser based in Palm Beach Gardens, Florida. We are organized as a limited liability company under the laws of the State of Florida, and we have been providing investment advisory services since 2014. Tyler C. Walling, Gordon T. Williams, Cory Reed and Justin Beals are the principal owners of Otter Creek Advisors, LLC. The following paragraphs describe our services and fees. Please refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we", "our" and "us" refer to Otter Creek Advisors, LLC, and the words "you", "your" and "client" refer to you as either a client or prospective client of our firm. Also, you may see the term Associated Person throughout this Brochure. As used in this Brochure, our Associated Persons are our firm's officers, employees, and all individuals providing investment advice on behalf of our firm. Investment Management Services Registered Mutual Fund We are the investment adviser to the Otter Creek Long/Short Opportunity Fund (the "Mutual Fund"), a series of the Professionally Managed Portfolios series trust and a mutual fund registered under the Investment Company Act of 1940. The investment objective of the Mutual Fund is to seek long-term capital appreciation and employ a long/short investment strategy in an attempt to manage risk. The Mutual Fund takes long positions in securities Otter Creek Advisors, LLC believes to be undervalued and short positions in securities it believes to be overvalued. As compensation for the discretionary investment advisory services provided to the Mutual Fund, we receive a monthly management fee based upon the average daily net assets of the Mutual Fund of 1.35%. Investors and prospective investors should refer to the Mutual Fund's prospectus for information concerning the Mutual Fund. Separately Managed Accounts In certain cases, we offer discretionary investment management services for separately managed accounts, as either an investment adviser or a sub-adviser, as applicable. Our investment advice is tailored to meet our clients' needs and investment objectives. If you retain our firm for separately managed account services, we will meet with you to determine your investment objectives, risk tolerance, and other relevant information (the "suitability information") at the beginning of our advisory relationship. We will use the suitability information we gather from our initial meeting to develop a strategy that enables our firm to give you continuous and focused investment advice and/or to make investments on your behalf. As part of our investment management services, we will customize an investment portfolio for you in accordance with your investing objectives. Once we construct an investment portfolio for you, we will monitor your portfolio's performance on an ongoing basis, and will rebalance the portfolio as required by changes in market conditions and in your financial circumstances. We require you to grant our firm discretionary authority to manage your account. Discretionary

authorization will allow our firm to determine the specific securities, and the amount of securities, to be purchased or sold, the broker-dealer to be used and the commission rates to be paid for your account without your approval prior to each transaction. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm, a power of attorney, or trading authorization forms. You may limit our discretionary authority (for example, limiting the types of securities that can be purchased for your account) by providing our firm with your restrictions and guidelines in writing. Fees are negotiable at our discretion and clients may be charged differently based on factors such as client type, asset class, pre-existing relationship, portfolio complexity and account size or other special circumstances or requirements. Related accounts may be aggregated for fee calculation purposes in certain circumstances. Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses which shall be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, third party investment and other third parties such as fees charged by managers, custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Mutual funds and exchange traded funds also charge internal management fees, which are disclosed in a fund’s prospectus. Such charges, fees and commissions are exclusive of and in addition to our fee, and we do not receive any portion of these commissions, fees, and costs. If the investment management agreement is executed at any time other than the first day of a billing period, our fees will apply on a pro rata basis, which means that the advisory fee is payable in proportion to the number of days in the billing period for which you are a client. We will send you an invoice each billing period for the payment of our advisory fee, or the qualified custodian holding your funds and securities will deduct our fee directly from your account. The qualified custodian will deduct our advisory fee only when you have given our firm written authorization permitting the fees to be paid directly from your account. Further, the qualified custodian is obligated to deliver an account statement to you at least quarterly. These account statements will show all disbursements from your account. You should review all statements for accuracy. Termination of each investment management agreement will be subject to the terms of such agreement. You will incur a pro rata charge for services rendered prior to the termination of the investment management agreement, which means you will incur advisory fees only in proportion to the number of days in the billing period. Types of Investments We invest primarily in securities that are traded on U.S. securities exchanges which include common stocks, preferred stocks, ADRs, and corporate debt. Assets Under Management As of December 31, 2023, we manage $ 142,141,537 in assets on a discretionary basis.