Overview of Advisory Firm and Principal Ownership Veritable, L.P. (“Veritable”), a limited partnership organized in Delaware, primarily provides discretionary investment supervisory services to high-net-worth families, including individual family members and their family-related entities, such as trusts, estates, and private charitable organizations. Veritable also advises corporations and business entities, pension and profit-sharing plans and public non-profits. Michael Stolper founded Veritable in 1986 as Stolper & Co. In 1997, Veritable merged into PNC Bank, forming Hawthorn, a PNC Company. Veritable emerged in its present form in April 2004, when its partners, managers of Hawthorn’s investment consulting business, completed a management buy-out. In June 2012, AMG Wealth Partners, LP (“AMG Wealth Partners”), a subsidiary of Affiliated Managers Group, Inc. (“AMG”), obtained an equity interest in Veritable by making an investment through Squam Acquisition LP, LLC. A broad group of Veritable’s senior professionals retained the remaining ownership interests. AMG, a publicly traded asset management company (NYSE: AMG), holds equity interests in other investment management firms (“AMG Affiliates”). Further information on AMG Wealth Partners, AMG and AMG Affiliates is provided in Item 10. Michael Stolper and John Scuteri are both responsible for the overall management and direction of Veritable’s organization. They are supported by Veritable’s Executive and Operating Committees with regard to operations of the firm and the Investment Committee with regard to investment policy, strategy, and tactics. Services Provided to Advisory Clients (other than Affiliated Funds) Veritable primarily provides discretionary investment supervisory services to its advisory clients (“advisory clients” or “clients”). Investment supervisory services include investment advising, investment consulting, portfolio management, portfolio administration and portfolio reporting. Veritable may also provide ad hoc financial planning services to its advisory clients from time to time as part of its overall investment consulting relationship. Such subject areas may include budget, estate, tax, and insurance planning. These services, for which additional fees are not charged, are incidental to Veritable’s investment supervisory services and are provided to clients on an “as needed” basis. Our pool of advisory clients is largely comprised of various high net worth individuals and related family and entities members, referred to as our “relationships.” Specific agreed-to services are detailed in each advisory client’s Investment Consulting Agreement (“ICA”), an agreement entered into by Veritable and each of its advisory clients. Under the terms of the ICA, advisory clients appoint Veritable to act as an adviser granted with full discretion over investment decisions related to the advisory client’s assets under management (“AUM,” further described below). In the construction and ongoing management of advisory clients’ portfolios, Veritable will execute certain trades directly on behalf of advisory clients’ accounts. Such trades typically include the purchase of cash or cash equivalent instruments, equity and debt securities, exchange traded funds, mutual funds as well as other types of publicly traded securities. The ICA confers to Veritable the authority to recommend and retain other investment advisers not affiliated with Veritable (“Non-Affiliated Managers”) to manage certain portions of an advisory client’s AUM. March 31, 2023 Page 5 In some instances, Non-Affiliated Managers could include AMG Affiliates. Veritable may also recommend and invest advisory clients’ AUM in pooled investment vehicles such as limited partnerships, limited liability companies and offshore corporations, private funds, fund-of-funds, and hedge funds (collectively, “Investment Funds” or “Funds”). Such Investment Funds may be unaffiliated with Veritable (“Non-Affiliated Funds”) or may be affiliated with Veritable on the occasion that Veritable or an entity organized or controlled by Veritable is the general partner, manager, or adviser of such Investment Funds (“Affiliated Funds”). In some instances, Non- Affiliated Funds could include Investment Funds for which AMG Affiliates or entities organized or controlled by AMG Affiliates are the general partner, manager, or adviser. Clients will execute all relevant and necessary documentation with respect to investments in Affiliated Funds and/or Non-Affiliated Funds approved by the client. Archean Capital Partners I, L.P., Archean Capital Partners (Master) Fund II, L.P., and Archean Capital Partners (Offshore) Fund II, L.P the investment adviser of which is a Veritable joint venture, should be for many (but not all) purposes below, considered as an “Affiliated Fund” on a direct or indirect basis. Veritable provides five fundamental services to its advisory clients: 1. Identifying investment objectives and risk tolerance; 2. Developing and documenting asset allocation, investment policy and investment strategy; 3. Implementing the investment strategy; 4. Providing continuous organization, administration, monitoring, and reporting of financial assets; and 5. Performing due diligence on traditional, hedge and alternative fund managers. As identified above, Veritable may also provide ad hoc financial planning services from time to time to its advisory clients as an accommodation and on an “as needed” basis. (For additional details outlining how Veritable tailors its advisory services to the individual needs of each client, see Item 8: Methods of Analysis, Investment Strategies and Risk of Loss below). Services Provided to Affiliated Funds In addition to its advisory clients, Veritable also provides advisory

services to Affiliated Funds (defined above), pursuant to an Investment Management Agreement (“IMA”) with each Affiliated Fund. As outlined in the IMA, Veritable assists and advises Veritable Partnership Holding, Inc. (“VPHI” or “General Partner”), a wholly owned subsidiary of Veritable and the General Partner of each Affiliated Fund, with managing certain business operations of an Affiliated Fund. As manager or adviser of an Affiliated Fund, Veritable assists and advises the General Partner with: (i) identifying, evaluating and selecting potential Non-Affiliated Funds in which to invest an Affiliated Fund’s assets and potential Non-Affiliated Managers to manage all or a portion of an Affiliated Fund’s assets; (ii) allocating an Affiliated Fund’s assets among the Non-Affiliated Funds and Non-Affiliated Managers; (iii) monitoring the ongoing performance of an Affiliated Fund; and (iv) providing other portfolio management, investment management, administrative and managerial services for an Affiliated Fund. March 31, 2023 Page 6 Notice Regarding Certain Affiliated Fund Investors: Investors in the Affiliated Funds who have no other relationship with Veritable (i.e., they are not receiving comprehensive investment consulting services pursuant to an ICA), are referred to as “LP Only Investors” and are not separate advisory clients of Veritable. As such, Veritable will not directly provide LP Only Investors with any separate investment consulting services related to their respective investment(s) in the Affiliated Funds. Recommendations to Advisory Clients Regarding Affiliated Funds Veritable often recommends its Affiliated Funds to advisory clients; in certain instances, Veritable will even build a new Affiliated Fund for advisory clients and tailor it to meet the specific objectives of those relationships. The advisory clients have final approval over whether or not to use any recommended pooled investment vehicle; in the event they choose to do so, the Affiliated Fund(s) and advisory client will execute an agreement memorializing their investment relationship. Recommendations Regarding Non-Affiliated Managers and Non-Affiliated Funds Veritable may recommend to its advisory clients the selection and retention of Non- Affiliated Managers to manage certain portions of a Veritable advisory client’s AUM. Veritable may also recommend to its advisory clients certain Non-Affiliated Funds for investment of portions of the advisory client’s AUM. In general, all investments managed by Non-Affiliated Managers and all funds invested in Non-Affiliated Funds will be treated as AUM by Veritable and is subject to the payment of the Investment Consultant Fee (see Item 5: Method for Calculating Investment Consultant Fee). Each advisory client will execute agreements with Non-Affiliated Managers and Non-Affiliated Funds approved by such client. All compensation paid to Non- Affiliated Managers and to Non-Affiliated Funds (if applicable), specified in the sub-advisory agreement with the Non-Affiliated Manager or in the Non-Affiliated Fund’s offering documents, will be in addition to compensation payable to Veritable under the ICA. Regulatory Assets under Management vs. Billable Assets under Management As of December 31, 2022, Veritable manages approximately $16,337,774,534 of discretionary assets and $195,418,223 of non-discretionary assets for a total of $16,533,192,757 regulatory assets under management as reflected in Form ADV, Part 1A, Item 5F. Although the assets must be reported on a gross basis for all security portfolios, we can only report on a gross basis for our Affiliated Funds1; Unaffiliated Funds and advisory client assets are reported on a net asset value basis in our portfolio management system. Therefore, to keep consistent, all market values of regulatory assets under management are determined using the same method we use to report account values to clients (i.e., on a NAV basis) and to calculate fees for investment advisory services. 1 The total gross asset value for our Affiliated Funds is $2,901,882,342; the total net asset value is $2,491,280,094 as of December 31, 2022. March 31, 2023 Page 7 An Observation Regarding the Methodology for Computing Number of Clients and Accounts With respect to the number of advisory clients listed in Item 5C of Form ADV, Veritable includes each family relationship and each Affiliated Fund in the client count but excludes each LP Only Investor since such investor is not an investment consulting client of Veritable. For purposes of Item 5C, Veritable does not separately count each sub-family relationship. Sub-family relationships are often grouped together using internal criteria such as the grouping together of related individuals and family entities covered under the same quarterly report(s), investment policy and/or ICA, as well as those covered under the same Investment Officer Team. A counting of each sub-family relationship or alternatively, each account, results in a number much higher than the actual number of family relationships. As of December 31, 2022, Veritable manages 224 family relationships. With respect to the “Total Number of Accounts” in Item 5F, Veritable counts each individual custody or prime broker account for each sub-family relationship, including individuals and family-related entities. One unintended outcome of this methodology is that dividing the total discretionary AUM by the number of accounts in Item 5F (or the number of clients listed in Item 5C) results in an arithmetic average of AUM for each family relationship much smaller than the actual numerical average. Wrap Fee Programs Veritable does not offer or participate in wrap fee programs.