Description of Advisory Services Ferguson Wellman is an employee-owned, registered investment adviser established in 1975. We provide personalized wealth management services to individuals and families; and investment management services to institutions such as endowments, foundations and retirement plans. We specialize in building and managing customized, separately managed portfolios in excess of $4,000,000. West Bearing Investments, a division of Ferguson Wellman, was established in 2013. With two entry points to the same investment strategies, Ferguson Wellman is able to work with clients earlier through its division West Bearing. This division provides personalized wealth management services to individuals and families and investment management services to institutions such as endowments, foundations and retirement plans. West Bearing specializes in building and managing customized, separately managed portfolios in excess of $1,000,000. Services provided:
• Investment account management services
• Wealth management services focus on but not limited to o Wealth planning o Retirement o Life events o Philanthropic strategies o Trusts and estates o Taxes o Risk management o Education funding Board of Directors Ralph Cole, CFA, Director, Equity Strategy and Portfolio Management Joshua Frankel, CFP®, Director, Portfolio and Wealth Management, West Bearing Investments Steven Holwerda, CFA, Managing Director George Hosfield, CFA, Director, Chief Investment Officer Jason Norris, CFA, Director, Equity Research and Portfolio Management Assets Under Management As of December 31, 2023, discretionary assets under management (AUM) for Ferguson Wellman was

$ 8,394,137,837. Of this total AUM, Ferguson Wellman managed assets totaling $7,739,169,190 and the West Bearing division managed assets totaling $654,968,648. Ferguson Wellman and West Bearing generally do not manage accounts on a nondiscretionary basis but may make exceptions for existing client relationships. Discretionary Management Authority is granted to Ferguson Wellman through our advisory contracts for discretionary account management, enabling us to make determinations regarding securities and security quantities to be bought and sold for our clients. We work closely with our clients on an ongoing basis to tailor our advisory services to each client’s specific needs. Our discretion over the portfolio is subject to guidelines specified by the client. A client’s guidelines may limit the scope of prospective investments as a result of restrictions placed on certain securities. While we believe in investing in the full spectrum of marketable securities, we understand our clients’ requirements or desires to restrict investments in certain individual securities or types of securities. Personal Financial Services Octavia Group, a division of Ferguson Wellman, was established in December 2020 for existing clients of the firm and for new clients with assets of $10 million or more managed by our firm. This division provides personal financial services to individuals and families such as expense management, technology support, and personal financial statements. Our private family office offering augments Ferguson Wellman’s investment and wealth management strategies. At the time of engagement, Octavia Group clients will sign a separate agreement establishing the scope of services and fees.