A. Templeton Financial Services, Inc. (the “Registrant”) is a corporation formed on July 29, 2003 in the State of Arizona. The Registrant became registered as an Investment Adviser Firm on October 2, 2003. The Registrant is owned by Joshua B. Johnson, the Registrant’s President. B. As discussed below, the Registrant offers to its clients (individuals, business entities, banks or thrift institutions, pension and profit-sharing plans, trusts, estates and charitable organizations, etc.) investment advisory services. The Registrant does not hold itself out as providing financial planning and related consulting services. INVESTMENT ADVISORY SERVICES The client can determine to engage the Registrant to provide discretionary investment advisory services on a fee-only basis. Registrant specializes in creating client portfolios primarily comprised of Tax-Exempt or Taxable Municipal Securities. Registrant manages client accounts with a focus on conservative income producing investments. Portfolio weighting and duration targets will vary according to each individual client’s needs and objectives. Registrant also invests in closed-end funds (CEF), and or high yield bonds that generate tax-exempt/taxable income for those investors who are willing to take some additional risk in order to receive higher levels of current tax-free income. Such investments will be made only when consistent with the client’s stated tolerance for risk. MISCELLANEOUS Limited Consulting/Implementation Services. Although the Registrant does not hold itself out as providing financial planning, estate planning or accounting services, to the extent specifically requested by the client, the Registrant may provide limited consultation services to its investment management clients on investment and non- investment related matters, such as estate planning, tax planning, insurance, etc. Registrant shall not receive any separate or additional fee for any such consultation services. Neither the Registrant, nor any of its representatives, serves as an attorney, accountant, or licensed insurance agent, and no portion of the Registrant’s services should be construed as same. To the extent requested by a client, the Registrant may recommend the services of other professionals for certain non-investment implementation purposes (i.e. attorneys, accountants, insurance agent, etc.). The client is under no obligation to engage the services of any such recommended professional. Please Note: If the client engages any such recommended professional, and a dispute arises thereafter relative to such engagement, the client agrees to

seek recourse exclusively from and against the engaged professional. Please Also Note: It remains the client’s responsibility to promptly notify the Registrant if there is ever any change in his/her/its financial situation or investment objectives for the purpose of reviewing/evaluating/revising Registrant’s previous recommendations and/or services.
Trade Error Policy. Registrant shall reimburse accounts for losses resulting from the Registrant’s trade errors but shall not credit accounts for such errors resulting in market gains. The gains and losses are reconciled within the Registrant’s custodian firm account and Registrant retains the net gains and losses. Client Obligations. In performing its services, Registrant shall not be required to verify any information received from the client or from the client’s other professionals and is expressly authorized to rely thereon. Moreover, each client is advised that it remains his/her/its responsibility to promptly notify the Registrant if there is ever any change in his/her/its financial situation or investment objectives for the purpose of reviewing/evaluating/revising Registrant’s previous recommendations and/or services. Sub-Advisory Arrangements. The Registrant may serve as a sub-advisor to other investment advisers. The Registrant’s Chief Compliance Officer, Joshua B. Johnson, remains available to address any questions concerning the Registrant’s sub-advisory arrangements. Disclosure Statement. A copy of the Registrant’s written Brochure as set forth on Part 2A of Form ADV shall be provided to each client prior to, or contemporaneously with, the execution of the Investment Advisory Agreement. Any client who has not received a copy of Registrant’s written Brochure at least 48 hours prior to executing the Investment Advisory Agreement shall have five business days subsequent to executing the agreement to terminate the Registrant’s services without penalty. C. The Registrant shall provide investment advisory services specific to the needs of each client. Prior to providing investment advisory services, an investment adviser representative will ascertain each client’s investment objective(s). Thereafter, the Registrant shall allocate and/or recommend that the client allocate investment assets consistent with the designated investment objective(s). The client may, at anytime, impose reasonable restrictions, in writing, on the Registrant’s services. D. The Registrant does not participate in a wrap fee program. E. As of February 29, 2024, the Registrant had $344,011,830 in assets under management on a discretionary basis.