Distillate Capital Partners LLC (Distillate or the “Firm”) is an Illinois limited liability company formed in 2017 with its principal place of business in Chicago and is an investment adviser registered with the Securities and Exchange Commission. Distillate is owned and controlled by its co-founders Thomas Cole, CFA; Jay Beidler, CFA; and Matt Swanson, CFA. Distillate offers investment advisory services to individuals, institutions and investment companies registered under the Investment Company Act of 1940, as amended (each a “Client” and, together, “Clients”). Our investment company Clients include the Distillate U.S. Fundamental Stability & Value ETF, the Distillate International Fundamental Stability & Value ETF and the Distillate Small/Mid Cash Flow ETF (the Funds”), a series of ETF Series Solutions (the “Trust”). The Trust is an open-end management investment company registered under the Investment Company Act and the shares of the Trust are registered under the Securities Act of 1933, as amended. Shares of the Funds are listed on a national securities exchange (NYSE Arca: DSTL, DSTX and DSMC respectively) and trade at prevailing market prices. The Funds are subject to the general supervision of the Board of Trustees of the Trust. Distillate seeks to provide long-term investors with strong, after-fee returns by exploiting behavioral biases and accounting distortions while mitigating risk. We do this using a quantitative approach to equity investing to distill the starting universe down to only the stocks where quality and value overlap. Separately Managed Accounts (SMAs) Distillate offers separately managed account services to institutions and high net worth individuals seeking to employ our methodology to a targeted investment universe. Individual portfolios are developed in consultation with the Client, developing an appropriate starting universe to which Distillate’s quantitative approach is applied. Clients may impose restrictions on investing in certain securities or types of securities. Distillate then continually monitors the Client’s portfolio to ensure that the starting universe remains appropriate and the portfolio remains consistent with the stated objectives. Separate accounts are managed subject to an investment management agreement and Distillate typically maintains full discretion over investment selection and trading of separately managed accounts. SMA strategies may be similar to or different from Funds

advised by Distillate, however we do not invest SMA assets in affiliated funds. At this time, the Firm does not have any SMA Clients engaged for providing investment advisory services. Registered Investment Company – Exchange Traded Funds (ETFs) Distillate serves as the primary adviser and index provider to the Distillate U.S. Fundamental Stability & Value ETF, the Distillate International Fundamental Stability & Value ETF and the Distillate Small/Mid Cash Flow ETF. Distillate has designed these Funds with the goal of distilling the available equity universes down to only those stocks where Distillate’s measures of quality and value overlap. Distillate has engaged Vident Asset Management LLC (“Vident”) to serve as the sub-adviser to the ETFs. Vident is responsible for the day-to-day management of the Funds. Vident is a registered investment adviser, a wholly owned subsidiary of Vident Financial, LLC, with its principal offices located in Georgia. Vident is responsible for trading portfolio securities for the Funds, including selecting broker-dealers to execute purchase and sale transactions or in connection with any rebalancing or reconstitution of the index, subject to the supervision of Distillate and the Trustees. For its services, Vident is paid a fee by Distillate. The Funds investment objectives and guidelines are set forth in investment advisory agreements and governing fund documents, including the prospectus and statement of additional information. Model-Only Delivery Distillate offers its investment strategies as a Model-Only service offered though a Turnkey Asset Management Program (“TAMPs”), where the Firm is responsible only for supplying lists of recommended securities holdings and weightings that may correspond to strategies offered in other vehicles such as ETFs. Distillate does not have discretion over any Client assets that have been engaged in such a model-only arrangement, and Clients are not required to follow Distillate’s recommendations. Distillate is generally compensated by entities sponsoring Model- Only client accounts with a fee based on the assets under advisement of such strategies. These fees, a percentage of account values, may be lower than those fees for accounts for which Distillate exercises discretion. As of December 31, 2023, Distillate managed approximately $1,607,209,186 in assets on a discretionary basis. Distillate does not manage assets on a non-discretionary basis.