Founded in 1974, Douglas Capital Management is an independent investment advisory firm located in the State of Florida. The Company is 100% owned by its principal executives, Christopher Douglas CEO/CIO, James A. Douglas President CCO and is dedicated to serving each of its clients on an individual basis. It is registered with the Securities and Exchange Commission as an investment advisor under the Investment Advisors Act of 1940. Douglas Capital Management provides the highest level of supervision and investment direction for the portfolios of both institutional and individual investors. Management of investment portfolios is the only business of Douglas Capital Management, Inc. Douglas Capital Management does not provide tax advice, or estate planning services. Please consult with your tax professional, estate planner, or attorney with any tax or estate issues. Asset Management The firm's principal service is the management of investment portfolios- specifically Domestic Equity, Balanced and Intermediate Fixed Income Portfolios. DCM also offers financial planning services where investments may be made in individual equity and debt securities, as well as ETF’s (exchange-traded funds) and mutual funds. In addition, investments may also be made in insurance-based vehicles such as, but not limited to, universal/whole life policies and fixed/variable annuities. Our investment advisory agreement executed with the client appoints Douglas Capital Management as a fiduciary with discretion over suitable investments within the guidelines established jointly with the client. Clients may impose restrictions on investing in certain securities or types of securities. Douglas Capital Management is retained on a discretionary basis and is authorized to buy and sell securities at its own discretion within the guidelines of each client’s investment objective. Some clients limit the discretionary authority in terms of the type or amount of securities to be bought, the maximum concentration in any one company or industry, the minimum credit quality, or maximum maturities for fixed income securities. For the most part, Douglas Capital Management has full authority to buy and sell securities and for the placement of its portfolio business and the amount of commissions paid on transaction. Our asset management services are individualized and are provided to employee benefit plans, individual retirement accounts, corporations, trusts, estates, institutions, and high net-worth individual accounts. Each account

is separate from all others, with no commingling of assets. As of December 31, 2022, Douglas Capital Management had $252.24 million in Assets Under Management (“AUM”) on a fully discretionary basis. Comprehensive Financial Planning We offer comprehensive financial planning services to retail, high-net-worth individuals & participants in company-sponsored retirement plans on a discretionary basis pursuant to their adopted investment advisory agreement. Our process is collaborative with clients by leveraging innovative planning tools & is unique to their personal financial goals & investment objectives. Once a baseline plan is developed, we thoroughly test the plan & gauge the probability of success, discuss priorities & look at tradeoffs that can be made to attempt to improve the probability of success. Each plan factors in the client’s risk tolerance, investment objectives & priorities, income-needs & is reviewed continuously on a periodic basis. After undergoing our comprehensive financial planning process & adopting a plan, clients with plans are provided investment management advice unique to their individual goals, risk-tolerance & investment objectives. In addition to traditional asset management leveraging individual equities, fixed-income securities & cash/cash-alternatives, clients may be recommended investments in open-end mutual funds, ETFs, insurance/annuity solutions & separately-managed-accounts based on their recommended asset allocation & associated net worth. Equity portfolios are managed on a discretionary basis & consist of, but are not limited to, large-cap domestic stocks. Baskets of securities mentioned above are also managed on a discretionary basis & consist of, but are not limited, to mutual funds, ETFs, & other investment products diversified across mid-cap stocks, small-cap stocks, international stocks & fixed income securities. Alternative investments are available to accredited investors & qualified purchasers that provide diversification outside of traditional asset classes & consist of, but are not limited to, real estate, private equity, managed/hedged strategies, & global macro strategies. Asset Allocation/ Client Consultation As part of our investment advisory agreement with each client, we may jointly develop an investment policy guideline statement covering asset allocation, risk-tolerance, investment limitations, as well as current income needs and anticipated cash distributions. Each account is reviewed for proper asset allocation, cash flow, equity and fixed income performance and client contact. In addition, the price and trading volume of each security owned is monitored daily.