Sheets Smith Investment Management, LLC (SSIM or Firm) is an affiliate of Sheets Smith Wealth Management Inc. (SSWM). Both firms are investment advisors registered with the Securities and Exchange Commission under the Investment Advisors Act of 1940. The primary office is located in Houston, TX with a branch office in Winston-Salem, NC. The Firm was formed in December 2015 by SSWM and Z. Cornell Bowden. SSWM owns 35% of SSIM and the remainder is owned by employees of SSIM. The Firm specializes in multi-strategy equity and dynamic asset allocation balanced portfolio management. Accounts using these investment strategies are both institutional and retail clients, including those with a wrap fee arrangement with their custodian. SSIM was formed for the expressed purpose of segregating accounts using these strategies into an entity separate from SSWM to comply with the CFA Institute’s Global Investment Performance Standards. The Multi-Strategy Equity portfolios consist of stocks and, as appropriate, cash and cash equivalent investments. Balanced portfolios have the same holdings as the equity and cash accounts but also include income-producing securities. The Firm offers a suite of Balanced Portfolio strategies to accommodate various risk tolerances and time horizons of individual clients. Other portfolio strategies that are designed for specific clients are also managed by SSIM. As mentioned above, the Firm manages accounts that participate in wrap programs sponsored by various brokerage firms. These accounts are usually managed under dual contracts and in most cases billed separately from the wrap fees that are paid to the applicable brokerage firm. The Firm also manages accounts that are either commission free or commission-based and not part of any wrap program. The management style is the same for wrap program accounts, commission free accounts, and commission-based accounts. The Firm was accepted onto the Morgan Stanley Uniform Managed Account (UMA) platform in the spring of 2016, and all the dynamic asset allocation balanced strategies are available

under dual contracts at Morgan Stanley. In the Fall of 2016, the Firm’s Absolute Return Balanced product was allowed onto the Wells Fargo Private Advisor Network. As of December 31, 2023, the Firm had $125,757,393.98 in total assets under management (AUM), with $125,757,393.98 in discretionary assets and $0.00 in non- discretionary assets. These AUM values do not include any assets which are part of a Unified Managed Account (UMA) program. As of December 31, 2023, Assets Under Advisement (AUA) which are part of a UMA program were valued at $38,553,293.00. Sheets Smith Investment Management also offers financial planning to individuals on a monthly fee agreement based on net worth and or total household income. The firm utilizes financial planning software to deliver robust analysis and support in recommendations to clients. When Sheets Smith Investment Management provides investment advice to you regarding your retirement plan account or individual retirement account, Sheets Smith Investment Management is a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way Sheets Smith Investment Management earns revenue creates some conflicts with your interests, so Sheets Smith Investment Management operates under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, Sheets Smith Investment Management must:
• Meet a professional standard of care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest.