APS Labs (previously Belridge Capital) was organized as a Delaware limited liability company on May 20, 2014, and is a provider of advisory and asset management services for high net worth and institutional clients. APS Labs is owned by Wanzenberg Partners, LLC (“WP”), a Delaware limited liability company that was founded by Daniel B. Wanzenberg. Daniel B. Wanzenberg is the Chief Executive Officer and Chief Investment Officer of APS Labs and holds a majority voting interest in WP. Mr. Wanzenberg has worked in the investment management business for over 24 years and has been involved in all aspects of the business, from due diligence to creation and trading of custom portfolios. APS Labs provides investment supervisory services to the following types of clients: ▪ High net worth individuals ▪ Trusts, estates, or charitable organizations ▪ Corporations APS Labs offers advice on the following types of investments: ▪ Equity Securities ▪ Mutual fund shares ▪ Exchange Traded Funds (ETFs) APS Labs tailors’ advisory services to fit the individual / specific needs of our clients. APS Labs specializes in the evaluation and monitoring of U.S. based, long only equity managers. We believe in active management: stock-pickers can add value in specific areas if they have demonstrated investment skill on a consistent, long-term basis. We seek to capture the benefits of having input from multiple advisers, while simultaneously not becoming over-diversified. We provide advisers with a mandate to concentrate on specific sectors of the market where they have demonstrated performance. Our focused mandates are intended to enable advisers to do what they do best in terms of stock-picking, without being hampered by a perceived need to diversify risk. We seek diversification by engaging the services of multiple managers, each focused in a different sector of the equity market. The model is designed to, over time, outperform the S&P 500, net of fees and taxes. The model generally does not involve investment in illiquid

securities and generally does not use leverage. We generally will invest in a pool of 50 -75 stocks at any given time and will be positioned with a sector- neutral strategic weight. The emphasis is on prudent selection of individual stocks, rather than on asset allocation decisions within the equity market. Investors should be willing to bear the risk of significant market volatility in return for the prospect of long- term appreciation. Separately Managed Accounts APS Labs offers discretionary investment management services to institutional and individual clients. Investment management services are offered to clients through Separately Managed Accounts, either directly or through programs sponsored by unaffiliated investment advisers. We may use numerous types of securities to manage client portfolios, but our current focus is on equity securities and mutual fund shares. Our investment management services to individuals and certain institutional clients through Separately Managed Accounts are governed by a contract. In some cases, the contract is between us and the client directly, whereas in other cases the contract is between us and a third party advisor program sponsor. Generally, a client selects one or more strategies among our investment strategies based upon the investor’s financial situation, goals, experience, and risk tolerance, among other factors. Each Separately Managed Accounts in a strategy will be managed in a similar manner, however, we may accept reasonable client-imposed restrictions on investing in certain securities or types of securities. Such restrictions may affect the performance of an account. If we are unwilling to accept such restrictions, or if the restrictions are unreasonable, we will withdraw from managing such an account. APS Labs does not participate in any wrap fee programs. As of December 31, 2022, APS Labs had the following client assets under management: Discretionary: $84,988,580.00 Non-Discretionary: $0.00