A) Lone Peak Advisers, LLC (“LPA”) which was formed April 4, 2018, has one principal owner; David William James who is employed by the firm and currently serves as a Supervisory Principal. LPA offers investment supervisory services and financial planning services, where appropriate to individuals, high net worth individuals, trusts, estates, 401(k)s, charitable organizations, corporations or other business entities. LPA provides continuous advice to each client regarding investment of client’s funds based on the individual needs of the client. LPA consults with the client to obtain detailed financial information and other pertinent data, including a personal financial statement or a detailed listing of overall finances (subject to client openness), to enable the investment advisor to determine the appropriate investment guidelines. LPA uses risk tolerance, time horizon, investment objectives, and other factors to ascertain the suitability of investments in each client’s account. Account supervision is guided by the stated objectives of the client (i.e., Capital Preservation, Income, Conservative, Moderate, Growth, and Aggressive Growth) as suitability factors are documented in the Client Intake Form and Managed Investment Advisory Service Agreement which must be completed by the client. B) LPA offers investment advisory services that include portfolio management services and financial planning services. In addition to its own portfolio management services, LPA may utilize its own internal or third-party asset manager service and/or sub-advisor (“TPAM/sub-advisor”) for its clients. LPA recognizes that such relationship may create the potential for a conflict of interest. However, through its supervisory process, LPA endeavors to prevent conflicts of interest by properly exercising its fiduciary obligations for its clients. LPA typically manages assets on a discretionary basis but can accommodate clients on a non-discretionary or advisory basis when managing the client’s portfolio. LPA also provides advice in the form of traditional financial planning services for a fee. Clients purchasing this service may receive a written

report, providing a detailed financial plan designed to achieve his or her stated financial goals or objectives. In general, the financial plan will address areas of concern including, but not limited to, preparation of a statement of net worth, capital needs analysis, cash flow planning, retirement planning and education planning. To facilitate a financial plan, LPA gathers required information through in-depth personal interviews. Financial recommendations are not limited to any specific product or service offered by any broker-dealer, mutual fund company, or insurance company. Whenever possible, and if the client wishes, LPA may be available to assist in the implementation of the financial plan. Once the financial plan is presented to the client, implementation of the financial plan recommendations is entirely at the client’s discretion. Clients are not under any obligation to engage LPA’s investment adviser representatives (“IARs”). C) LPA will create a portfolio which typically consists of one or more of the following: stocks, bonds, mutual funds, exchange traded funds (“ETFs”), and variable annuity sub-accounts. LPA will allocate client assets among various investments taking into consideration the overall management style or objective selected by the client. Portfolio weighting between funds and market sectors will be determined by each client’s risk profile, investment objectives, and market and economic conditions. LPA can also customize the portfolio investments based on specific client needs and feedback. Therefore, performance of portfolios within the same investment objective or model may differ and clients should not expect the performance of their portfolios to be identical with other clients of LPA. Clients will retain individual ownership of all securities purchased in their accounts. D) LPA does not participate in wrap fee programs through providing portfolio management services to our clients. E) As of December 31, 2023, assets under management were approximately $104,300,000.00 of which all are discretionary. Draper, Utah 84020 5