Firm Description Oak Harbor Wealth Partners, LLC, a North Carolina limited liability company, was formed in October 2020 and began operations in June 2021. The Adviser also does business as Sporting Wealth Partners. The Adviser provides financial and investment advisory services to individuals, including high net worth individuals, corporations, foundations, trusts, pension and profit-sharing plans, retirement plans and plan participants, and other entities. Paul B. Elam, Chris B. Harrell, and William R. Hesmer, Jr. are the principal owners of the Adviser. Advisory Services Offered The Adviser provides discretionary and non-discretionary investment advisory services, institutional consulting services, and financial planning and consulting services to its clients. The Adviser may provide financial planning and consulting services as a stand-alone service, or in conjunction with investment advisory services. The Adviser also provides advisory services to retirement plans and plan participants. At the outset of each client relationship, the Adviser spends time with the client, asking questions, discussing the client’s investment experience and financial circumstances, tolerance for risk, and broadly identifying major goals of the client. Adviser offers portfolio management services that include investment advice and/or making investments for the client based on the individual needs, goals and objectives and risk tolerance of the client. Investment Advisory Services Portfolio Management As described above, the Adviser provides advice to portfolio management clients regarding investment of client funds based on the individual needs, goals and objectives and risk tolerance of the client. Adviser will meet with clients periodically to update this information when requested by the client or when determined to be necessary or advisable by the Adviser based on changes to the client’s financial or other circumstances. The Adviser will manage the client’s investment portfolio on a discretionary or a non- discretionary basis pursuant to an investment advisory agreement with the client. As a discretionary investment adviser, the Adviser will have the authority to supervise and direct the portfolio without prior consultation with the client. Clients who choose a non- discretionary arrangement must be contacted prior to the execution of any trade in the account(s) under management. This may result in a delay in executing recommended trades, which could adversely affect the performance of the portfolio. This delay also normally means the affected account(s) will not be able to participate in block trades, a practice designed to enhance the execution quality, timing and/or cost for all accounts included in the block. In a non-discretionary arrangement, the client retains the responsibility for the final decision on all actions taken with respect to the portfolio. Notwithstanding the foregoing, clients may impose certain written restrictions on the Adviser in the management of their investment portfolios, such as prohibiting the inclusion of certain types of investments in an investment portfolio or prohibiting the sale of certain investments held in the account at the commencement of the relationship. Each client should note, however, that restrictions imposed by a client may adversely affect the composition and performance of the client’s investment portfolio. Each client should also note that his or her investment portfolio is treated individually by giving consideration to each purchase or sale for the client’s account. For these and other reasons, performance of client investment portfolios within the same investment objectives, goals and/or risk tolerance may differ and clients should not expect that the composition or performance of their investment portfolios would necessarily be consistent with similar clients of the Adviser. Separate Account Managers When appropriate the Adviser may utilize one or more Separate Account Managers (each, a “Manager”). Having access to various Managers offers a wide variety of manager styles, and offers clients the opportunity to utilize more than one Manager if necessary to meet the needs and investment objectives of the client. The Adviser will usually select the Manager(s) it deems most appropriate for the client. Factors that the Adviser considers in recommending/selecting Managers generally includes the client’s stated investment objective(s), management style, performance, risk level, reputation, financial strength, reporting, pricing, and research. The Manager(s) will generally be granted discretionary trading authority to provide investment advisory services for the portfolio. Under most circumstances, the Adviser retains the authority to terminate the Manager’s relationship or to add new Managers without specific client consent. In limited circumstances, the client will select one or more Managers recommended by the Adviser and enter into separate agreements with such Managers. In any case, with respect to assets managed by a Manager, the Adviser’s role will be to monitor the overall financial situation of the client, to monitor the investment approach and performance of the Manager(s), and to assist the client in understanding the investments of the portfolio. Institutional Consulting The Adviser offers consulting services to institutional clients on a discretionary or non- discretionary basis and delivers fiduciary oversight and advice based on each client’s specific objectives and constraints. At the outset of engagement, the Adviser will collect key data from the client, including spending requirements, cash flow expectations, liquidity requirements, comfort with volatility, legal constraints, or organizational cultural preferences, to assist

in the development of an Investment Policy Statement. The Adviser may also work with its clients’ committees and professional staffs to assist in the development of the Investment Policy Statement and investment policies that outline procedures for managing, monitoring, and overseeing the investments In collaboration with fiduciaries in the design of the policies, a final document may include the following:
• Statement of mission, philosophy, and objectives;
• Roles and responsibilities for all parties;
• Benchmarks for each asset category;
• Permitted asset classes and types of investments;
• Definition of investment pools;
• Strategic asset allocation targets and ranges; and
• Review criteria for investment managers, including performance review, fees and reporting requirements. For non-discretionary institutional clients, the Adviser monitors portfolios with the Investment Policy Statement on a quarterly basis and provides clients with quarterly investment reports. For discretionary institutional clients, the Adviser utilizes portfolio management software to monitor the portfolio on a daily basis relative to the Adviser’s internal ranges. If the portfolio moves outside of the ranges contained within the Investment Policy Statement, the Adviser portfolio management team is notified, and the account is typically rebalanced. In addition to internal controls, the Adviser’s quarterly reporting tests compliance with the Investment Policy Statement Financial Planning and Consulting The Adviser also offers financial planning and consulting services, as described below. These services may be provided as a stand-alone service or may be coupled with ongoing portfolio management. Financial planning may include advice that addresses one or more areas of a client’s financial situation, such as estate planning, risk management, budgeting and cash flow controls, retirement planning, education funding, and investment portfolio design and ongoing management. Depending on a client’s particular situation, financial planning and consulting may include some or all of the following:
• Gathering factual information concerning the client’s personal and financial situation;
• Assisting the client in establishing financial goals and objectives;
• Analyzing the client’s present situation and anticipated future activities in light of the client’s financial goals and objectives;
• Identifying problems foreseen in the accomplishment of these financial goals and objectives and offering alternative solutions to the problems;
• Making recommendations to help achieve retirement plan goals and objectives;
• Designing an investment portfolio to help meet the goals and objectives of the client;
• Estate planning strategies;
• Assessing risk and reviewing basic health, life and disability insurance needs; or
• Reviewing goals and objectives and measuring progress toward these goals. Once financial planning or consulting advice is given, the client may choose to have the Adviser implement the client’s financial plan and manage the investment portfolio on an ongoing basis. However, the client is under no obligation to act upon any of the recommendations made by the Adviser under a financial planning engagement and/or engage the services of any recommended professional. Retirement Plan Consulting Services The Adviser may provide retirement plan consulting services to employee benefit plans and their fiduciaries based upon an analysis of the needs of the plans. In general, these services may include existing plan review, design of an investment policy statement, asset allocation advice, investment selection services, communication and education services, investment performance monitoring, and/or ongoing consulting. Services to Retirement and Pension Plan Participants Third Party Platform We use a third party platform to facilitate management of held away assets such as defined contribution plan participant accounts, with discretion. The platform allows us to avoid being considered to have custody of Client funds since we do not have direct access to Client log-in credentials to affect trades. We are not affiliated with the platform in any way and receive no compensation from them for using their platform. A link will be provided to the Client allowing them to connect an account(s) to the platform. Once Client account(s) is connected to the platform, Adviser will review the current account allocations. When deemed necessary, Adviser will rebalance the account considering client investment goals and risk tolerance, and any change in allocations will consider current economic and market trends. Client account(s) will be reviewed at least quarterly and allocation changes will be made as deemed necessary. Non-discretionary Fiduciary The Adviser may also provide investment advice directly to plan participants, but only as a non- discretionary fiduciary. The Adviser provides participants with diversification strategies and recommendations, and the participants will have the sole responsibility to execute the transactions. In some cases, the Adviser may, after approval of the client, instruct the record- keeper or third party administrator to execute recommendations on the client’s behalf. From time to time, the Adviser will also meet with plan participants to provide general investment education, which may include basic information regarding insurance products, mutual funds, annuities, inflation, risk and diversification. Type and Value of Assets Currently Managed As of December 31, 2023, the Adviser has $358,271,923 in assets under management on a discretionary basis and $207,758,960 in assets under management on a non-discretionary basis.