FOCUS FINANCIAL PARTNERS, LLC Sonora Investment Management Group, LLC, d/b/a Sonora Investment Management (“Sonora”) is a SEC-registered investment advisory firm. Sonora acquired the investment advisory business of Sonora Investment Management, LLC, which was founded in 1986. Sonora is part of the Focus Financial Partners, LLC (“Focus LLC”) partnership. Specifically, Sonora is a wholly-owned indirect subsidiary of Focus LLC. Ferdinand FFP Acquisition, LLC is the sole managing member of Focus LLC. Ultimate governance of Focus LLC is conducted through the board of directors at Ferdinand FFP Ultimate Holdings, LP. Focus LLC is majority-owned, indirectly and collectively, by investment vehicles affiliated with Clayton, Dubilier & Rice, LLC (“CD&R”). Investment vehicles affiliated with Stone Point Capital LLC (“Stone Point”) are indirect owners of Focus LLC. Because Sonora is an indirect, wholly-owned subsidiary of Focus LLC, CD&R and Stone Point investment vehicles are indirect owners of Sonora. Focus LLC also owns other registered investment advisers, broker-dealers, pension consultants, insurance firms, business managers and other firms (the “Focus Partners”), most of which provide wealth management, benefit consulting and investment consulting services to individuals, families, employers, and institutions. Some Focus Partners also manage or advise limited partnerships, private funds, or investment companies as disclosed on their respective Form ADVs. We offer clients the option of obtaining certain financial solutions from unaffiliated third-party financial institutions through UPTIQ Treasury & Credit Solutions, LLC (together with UPTIQ, Inc. and its affiliates, “UPTIQ”). Please see Items 5 and 10 for a fuller discussion of these services and other important information. Sonora is managed by Tim D. Wilcox, Michael Arko and L. Graham Gaines IV (“Sonora Principals”), pursuant to a management agreement between SIM Partners, L.L.C. and Sonora. The Sonora Principals serve as officers of Sonora and are responsible for the management, supervision and oversight of Sonora. Sonora provides investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. Unless otherwise directed by the client, we manage accounts on a fully discretionary basis. Clients may, at any time, impose reasonable restrictions, in writing, on the investments in their accounts; however, we reserve the right, in our sole discretion, to reject any such restrictions. Our clients all share the similar objective of achieving favorable investment returns with minimal portfolio risk. We believe our approach to investing is suitable for people seeking capital preservation,

income, and growth of principal as objectives. The investment process begins only after the risks involved in our approach have been fully explained and agreed upon. Our firm is strictly a fee-only investment management firm. This means that we are compensated for the investment advice we provide to you solely by your investment advisory fee and are not compensated by brokerage firms or insurance companies for client investments in securities products. We provide financial planning, asset allocation and portfolio management services to our clients. We typically invest client assets in individual stocks and bonds, including convertible bonds, though we may recommend other types of securities to clients when we believe it appropriate to do so. We recommend alternative investments to certain clients. Our expertise is active fixed income and equity management. Corporate bonds, convertible bonds and convertible preferred stocks are the primary fixed income securities we invest in. Other fixed income securities might include master limited partnerships, preferred stocks, and real estate investment trusts. Equity securities we purchase are primarily common stocks. All investments we purchase are registered securities that normally can be bought or sold daily. Sonora is a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) with respect to investment management services and investment advice provided to ERISA plan clients, including ERISA plan participants. Sonora is also a fiduciary under the Internal Revenue Code (the “IRC”) with respect to investment management services and investment advice provided to ERISA plans, ERISA plan participants, IRAs and IRA owners (collectively, “Retirement Account Clients”). As such, Sonora is subject to specific duties and obligations under ERISA and the IRC that include, among other things, prohibited transaction rules which are intended to prohibit fiduciaries from acting on conflicts of interest. When a fiduciary gives advice in which it has a conflict of interest, the fiduciary must either avoid or eliminate the conflict or rely upon a prohibited transaction exemption (a “PTE”). As a fiduciary, we have duties of care and of loyalty to you and are subject to obligations imposed on us by the federal and state securities laws. As a result, you have certain rights that you cannot waive or limit by contract. Nothing in our agreement with you should be interpreted as a limitation of our obligations under the federal and state securities laws or as a waiver of any unwaivable rights you possess. As of December 31, 2022, Sonora had approximately $1.9 billion in discretionary assets under management and approximately $14.2 million in non-discretionary assets under management.