Pettyjohn, Wood & White, Inc. (the “firm,” “us,” or “we”) provides professional guidance and advice in the management of financial assets in the amount of approximately $648,455,020.31 as of December 31, 2022. Due to routine client transactions and fluctuations in the market since that time; however, the amount of assets under management is different as of the date hereof. The firm’s office is located at 1925 Atherholt Road, Lynchburg, Virginia 24501. Our regular business hours are Monday – Friday, 8:30 a.m. to 5:00 p.m. The firm’s phone number is (434) 845-1266. The firm currently maintains a website which can be accessed at www.pwandw.com. Pettyjohn, Wood & White, Inc. is a wholly-owned subsidiary of Bank of the James Financial Group, Inc. The firm operates independently under the leadership of Gorham B. Wood, President, and Charles B. White, Executive Vice President. The firm specializes in customized portfolio management primarily for individuals and families, including high net worth individuals. We also provide services to retirement plans, trusts, estates and foundations. We seek to tailor portfolios to each individual client’s unique risk profile and objectives. The firm’s investment process is driven by each client’s unique circumstances, and we seek to provide our clients with a high level of service and customization. The firm manages advisory accounts on a discretionary basis. Client portfolios are customized in accordance with each client’s risk profile and objectives. Investment objectives are determined, and subsequently affirmed, through regular contact and individual

consultation with clients. Portfolios typically include direct ownership of individual equities and investment grade fixed income securities. In some cases, we also utilize exchange traded funds (ETF’s) or mutual funds in the interest of efficiency and diversification. The firm enters into a written discretionary investment management agreement with each of its clients (the “Management Agreement”). The Management Agreement remains in effect until either party terminates the Management Agreement. The client may terminate the Management Agreement at any time upon written notice to the firm pursuant to the terms of the Management Agreement. The firm does not charge clients a fee in connection with the termination of those Management Agreements. The firm has nine (9) employees, including the following five (4) who manage client accounts: Brian K. Blankinship, Charles S. (“Shep”) Nowlin III, Charles B. White, and Gorham B. (“Bunny”) Wood. Each client relationship is the primary responsibility of one portfolio manager. The trades within that client’s portfolio(s) are executed by any authorized account manager and/or trader. The primary account manager is responsible for ensuring that the asset allocation and individual security positions are in accordance with that client’s objectives and risk tolerance. In 2017 the firm entered into an agreement to provide financial counseling services to executives of a single company under an arrangement with such executives’ employer. While this agreement remains in place, we have not provided any services under this agreement to date. The Executive Financial Planning Services Agreement remains in effect until either party terminates the Agreement.