Horn Eichenwald Investments Corp. (“HEIC”) is an investment advisor registered with The Securities and Exchange Commission. HEIC has been in Coconut Grove, Florida since inception in 2006. The principal directors of HEIC are Ricardo Eichenwald, Director, and Chief Compliance Officer and Ralph Horn, President. As of December 31, 2022, HEIC manages approximately $134,670,105 in assets, all on a discretionary basis. HEIC’s website is http://www.h2e.com. HEIC provides investment management and advisory services as well as financial planning services by referring to vetted qualified professionals that suit the client’s needs. HEIC manages Client's investment account(s), which means account(s) consisting of cash, securities and other assets, and investments, reinvestments and proceeds of sales as well as all interest, dividends and appreciation thereon, and recommends purchases and or sales of securities as appropriate directly in the clients’ accounts. HEIC maintains the limited power of attorney on customer accounts and trades on a discretionary basis. Investment accounts are subject to the written investment guidelines and investment objectives (the "Investment Guidelines") as directed by each client and approved by HEIC. The investment guidelines may be amended from time to time by written notice from the client. HEIC recommends purchases and sales of domestic and foreign securities and instruments in the following categories that are also identified in the Investment Guidelines:

• Equity securities including without limitation common and ordinary stock (including ADRs and GDRs), and limited partnership interests, and rights, warrants, and convertible and nonconvertible preferred stocks.
• Open-end or closed-end investment companies, unit investment trusts or other collective investment funds, registered or non-registered.
• Evidence of indebtedness including, without limitation, any bonds, debentures, notes and convertible and non-convertible debt obligations, including notes issued by related parties of HEIC.
• Restricted or privately placed securities, including investments not traded on a recognized investment exchange. Such investments are ordinarily "illiquid" and may at times be difficult to value and sell.
• Non-investment grade rated obligation (i.e., rated less than Baa3 by Moody's Investors Service, Inc. and less than BBB - by Standard & Poor's Corporation) or unrated debt obligation. Issuers of such speculative-grade securities (commonly referred to as "junk bonds") generally have highly leveraged capital structures, subjecting investors to a high degree of risk.
• Options on securities (covered or uncovered) and on securities indexes (including, without limitation, over the counter options); and forwards, swaps and other derivative transactions relating to securities, currencies and interest rates.
• Foreign currencies.
• Pooled investments including hedge funds, even if not regulated and not quoted in any exchange