The following paragraphs describe the Firm's advisory services. DESCRIPTION OF SERVICES AND FEES Addington Financial Group is a registered investment adviser based in Cypress Springs Village, Texas. The Firm is organized as a sole proprietorship. Addington Financial Group has been providing investment advisory services since 1996. Laura Lee Addington is the Firm's owner. The Firm offers the following investment advisory services, which are personalized to each client:
• Managed account services Financial planning services are not offered separately, but are included in conjunction with managed account services. MANAGED ACCOUNT SERVICES Addington Financial Group offers discretionary and non-discretionary managed account services. The Firm's investment advice is tailored to meet clients' needs and investment objectives. If you retain the Firm for managed account services, an investment adviser representative will meet with you to determine your investment objectives, risk tolerance, and other relevant information (the "suitability information") at the beginning of our advisory relationship. Managed Account Services provide clients with programs for investing their funds in response to their long-term needs. These programs typically begin with the development of a profile of the Client and a review of market data. This results in the formation of an investment model. The model serves to illustrate the interaction between a Client's objectives and constraints and the risk-reward alternatives of the market. A review of the model with the Client guides the development of a suitable investment policy. In turn, this investment policy serves as the blueprint for an investment plan. The outgrowth of this process is a set of reasonable working guidelines for the management of an investment portfolio. Portfolios constructed by Addington Financial Group typically include, but are not limited to stocks, bonds, mutual funds, and U.S. government securities. With the Client's approval, Addington Financial Group will then implement the plan in accordance with currently prevailing market conditions and the Client's expectations. Once the portfolio is constructed, Addington Financial Group will provide continuous supervision and rebalancing of the portfolio, as changes in market conditions and the Client's circumstances warrant. In addition, reports are prepared periodically for all accounts. These reports serve as the basis for monitoring the interim progress of the account. If you participate in the Firm's discretionary portfolio management services, Addington Financial Group requires you to grant the Firm discretionary authority to manage your account. Discretionary authorization will allow the Firm

to determine the specific securities, and the amount of securities, to be purchased or sold for your account without your approval prior to each transaction. Discretionary authority is typically granted by the investment advisory agreement you sign with the Firm, a power of attorney, or trading authorization forms. You may limit the Firm's discretionary authority (for example, limiting the types of securities that can be purchased for your account) by providing Addington Financial Group with your restrictions and guidelines in writing. If you enter into non-discretionary arrangements with Addington Financial Group, the Firm must obtain your approval prior to executing any transactions on behalf of your account. Managed Account Services will be billed as a percentage of assets under management. Typically these fees are billed and payable quarterly in arrears based on the value of your account on the last day of the quarter. The Client will be advised of the payment arrangement prior to implementation of advisory services. In all cases this fee arrangement will be based on the following schedule: Assets Under Management Annual Fee Up to $100,000 1.5% $100,001 to $1,000,000 1.0% $1,000,001 to $2,000,000 0.75% Over $2,000,000 Negotiable (minimum 0.50%*) *In limited circumstances and the firm's sole discretion, Addington Financial Group reserves the right to reduce the minimum .50% fee requirement. FINANCIAL PLANNING SERVICES Addington Financial Group offers broad-based, modular, and consultative financial planning services as an additional benefit to clients utilizing its managed account services. Financial planning is not offered as a separate and distinct service. Financial planning services may include risk management (life, health, disability and long-term health care insurance), tax, estate, investment, education, and retirement planning. The Firm does not charge an additional fee for these services. Financial planning will typically involve providing a variety of advisory services to clients regarding the management of their financial resources based upon an analysis of their individual needs. If you retain the Firm for financial planning services, an investment adviser representative will meet with you to gather information about your financial circumstances and objectives. The Firm may also use financial planning software to determine your current financial position and to define and quantify your long-term goals and objectives. ASSETS UNDER MANAGEMENT As of December 31, 2023, discretionary assets under management held by Addington Financial Group are approximately $269,161,600. Addington Financial Group does not have any assets under management on a non-discretionary basis.