Weitz Inc., founded in 1983 under the laws of the State of Nebraska, is primarily owned by Andrew S. Weitz. Weitz Inc. provides investment management services on a discretionary basis to eight Funds and to a number of separate accounts separate accounts (A) registered investment companies, other than the Funds, that are sponsored by unaffiliated third parties1 and/or (B) accounts that come to Weitz wrap accounts investment programs sponsored by unaffiliated third parties. The holders of separate accounts, which may include separate clients As the case may be, the Funds accountsclientsyou (i) registration statement separate account investment agreement investment needs and objectives. In previous years, Weitz has (and in the future, Weitz may) provide investment Private Fund Advisory Services provided to the Funds Weitz Inc. provides investment advisory services to the following Funds: Conservative Allocation Fund, Core Plus Income Fund, Large Cap Equity Fund, Multi Cap Equity Fund, Nebraska Tax Free Income Fund, Partners III Opportunity Fund, Short Duration Income Fund and Ultra Short Government Fund. Each Fund is a series of The Weitz Funds , a Delaware statutory trust Trust . Weitz Inc. is also the administrator for the Funds. Weitz Securities, Inc., an affiliate of the firm, is the distributor of The Weitz Funds. For the reasons set forth in this paragraph, the Funds are not independent from Weitz Inc. Details regarding the services provided to the Funds, and otherwise regarding arrangements with the Funds, are set forth in the registration statement. The firm may recommend the Funds as an investment option for separate clients. The firm has an incentive and inherent conflict of interest to recommend and favor the Funds because the firm receives fees from the Funds. These fees are described in Item 5 below and are detailed in the registration statement. Increases in assets in the Funds will result in increases in the fees paid to the firm. Each Fund is managed only in accordance with its own characteristics and is not tailored investor individualized advice to the investors (and an investment in a Fund does not, in and of itself, create an advisory relationship between the investor and Weitz Inc.), investors must consider whether a particular Fund meets their investment objectives and risk tolerance prior to investing. While this 1 In this arrangement, Weitz primary investment adviser and Weitz Inc. would serve as a sub-adviser to the mutual fund. 4895-2182-9801, v. 1 5 Brochure may be provided to investors, and may include information about the Funds, this Brochure is intended solely to provide information about Weitz Inc. and should not be considered to be an offer of interests in any Fund. Information about a Fund can be found in the registration statement. Advisory Services provided to separate clients For separate clients, Weitz Inc. offers asset management services that consist of continuous and ongoing supervision over specified account(s). Each separate client enters into a written investment agreement to appoint Weitz Inc. as the investment adviser with respect to an account. custodian maintains custody of all funds and securities in the account, and the client retains all rights of ownership (e.g., the right to withdraw securities or cash, and the right to exercise or delegate proxy voting). Each account shall be invested as set forth in its investment agreement. Weitz Inc. offers strategyinvestment strategy : Conservative Allocation, Core Plus Income, Large Cap Equity, Moderate Allocation, Multi Cap Alternative, Multi Cap Equity and Short Duration Income. Each strategy is also offered with a cash constrainedunder

which the Adviser agrees to cap the maximum percentage of cash in the account, as may be set forth in the investment agreement. In some cases, an investment agreement may authorize Weitz Inc. to recommend that an account be invested in one or more of the Funds.2 For each separate client, Weitz Inc. will need to obtain information from you to determine your risk tolerance and your investment objectives, to make sure that the strategy you have chosen is suitable for you. You will need to share with us information regarding your financial circumstances, including financial needs, income level, investments outside the account, outstanding obligations and tax status. You will be responsible for notifying us of any updates regarding these items or regarding your risk tolerance or investment objectives; however, we will contact you at least annually to discuss any changes or updates regarding you or your account. The investment recommendations and any decisions of Weitz Inc. with respect to each strategy and account are subject to various market, currency, economic, political and business risks, and will not necessarily be profitable. Weitz Inc. cannot guarantee the future performance of any strategy or account, promise any specific level of performance or promise that investment decisions or the overall management of any strategy or account will be successful. You should also note that asset withdrawals or client investment restrictions may impair achievement of investment objectives. You should understand that Weitz Inc. manages investments for a number of clients, and Weitz Inc. may give advice or take actions for some clients that is different from the advice provided or actions taken for you. Weitz Inc. is not obligated to buy, sell or recommend to you any security or investment that we may buy, sell or recommend for any other client or for our own accounts. Neither the firm nor any of its officers, directors or employees make any representations or warranties, express or implied, that any level of performance or 2 In rare cases, an investment agreement may authorize Weitz Inc. to recommend that an account be invested in mutual funds that are unaffiliated with the Adviser. 4895-2182-9801, v. 1 6 investment results will be achieved by any strategy or account, or that any strategy or account will perform comparably with any standard or index, including any other strategies or clients of the firm, and including clients whose accounts may be invested in the same strategy as you. Weitz Inc. other assets the client might hold, and Weitz Inc.
diversification is to invest the assets held in the account in accordance with the strategy set forth in the investment agreement. Each investment agreement will also identify any investment restrictions that the client may impose with respect to the account. Weitz Inc. will not enter into an investment agreement if a prospective client seeks to impose unduly restrictive investment restrictions. * * * We offer investment advice on a wide range of investment products and are not limited to particular types of investments. It is not our typical investment approach to attempt to time the market, but we may increase investment strategy. Further, for each investment strategy, we may modify our advice or actions to accommodate special situations. Weitz Inc. manages accounts (including the Funds and certain separate accounts) on a discretionary basis, and as of February 29, 2024 those accounts had a total of $4,837,016,311 in assets. Weitz Inc. manages other accounts on a non-discretionary basis, and as of February 29, 2024 those accounts had a total of $316,798,512 in assets.