Firm Description CapVisor Associates, LLC (“CapVisor”) is an investment advisory firm specializing in serving the needs of the insurance industry. We provide highly customized insurance asset management solutions including investment strategy design, strategic asset allocation analysis, asset liability management, tactical portfolio optimization, investment management firm selection and manager review and performance analysis. CapVisor has been in operation since November 2008. Carl E Terzer, is principal, founder and owner. Carl E Terzer Date of birth: November 17, 1958 Educational background: Rutgers College, Rutgers University; B.S. in Business Administration and Economics, 1980 Business experience: 2008 - Present: Principal and Founder of CapVisor Associates, LLC 2006-2008: Director of the Principal Global Investors (PGI) Insurance Advisory Group PGI is a division of Principal Financial Group, Des Moines, Iowa 1999 -2006: Senior Vice President and Director of the Brown Brothers Harriman Insurance Asset Management Group 1996 -1998 Managing Director, Bankers Trust Company Insurance Asset Management Group Disciplinary information: none Other business activities: none Advisory Services CapVisor provides investment advisory services to the insurance industry and private clients. These services include: 1. Investment Advisory /Consulting - provide investment plan design/revision (investment policy statement, guidelines, benchmarks, etc.), strategic allocation analysis, tactical portfolio construction and rebalancing Page 5 advice, implementation and ongoing monitoring of investment programs. In this capacity, CapVisor functions much like a Rent- a-CIO. 2. Investment Advisory/Manager Selection - align unique client requirements with best-in-class insurance asset managers to improve investment results through CapVisor’s proprietary, multi-manager network. Unbiased plan implementation and ongoing maintenance of client investment programs are key attributes of each service

above. 3. Project Work - includes strategic asset allocation studies, tactical portfolio optimizations, peer group analysis, trustee/custodian vendor analysis, etc. 4. Private Client Consulting - CapVisor also works with private clients/individuals that are accredited/qualified investors as defined in the Securities Act of 1933 and defined in Regulation D. (requiring an annual income of at least $200,000 in each of the past two years ($300,000 for joint income) or a net worth of at least $1 million). Our services are restricted to provide “advice-only” and our relationship is Non-discretionary. At no time will CapVisor make decisions on behalf of clients or take control over client assets for trading, safekeeping or other purposes. Our services will be restricted to evaluating investment choices for clients and providing research and recommendations of several alternative choices for the client’s decision and action (execution of strategies, trades and cash movements). Client Customization All services are tailored to the unique requirements of each client. Correlating appropriate investment strategies to the insurer’s liabilities (asset/liability management), their business and investment objectives and risk tolerance are key components of our approach to insurance asset management. We have over 100 years of collective experience working with insurers and have honed our expertise in designing, implementing and monitoring investment programs that are highly customized and constrained by each client’s unique tax, accounting and regulatory situation. As of March 31, 2024, CapVisor provides advisory services for over $ 587,451,446 insurance client assets on a non-discretionary basis. CapVisor does not manage assets on a discretionary basis nor does it manage client assets internally. After an in- depth evaluation of the insurance company client, including interviews with their executive management, we will recommend appropriate external investment management firms to clients to manage their securities portfolios. Page 6