A. Description of the Advisory Firm Siharum Advisors, LLC (“Siharum” or “Advisor”), founded on May 30, 2008, is a privately-owned investment adviser registered with the U.S. Securities and Exchange Commission. The firm is organized as a Delaware Limited Liability Company. The firm’s CEO, President, and majority owner, Bala Cumaresan, has primary responsibility for the investment and business activities of the firm. He also serves as the Chief Compliance Officer and oversees the compliance and controls infrastructure of the firm. The firm has in place an elected Board of Directors that is responsible for the overall corporate governance of the firm. B. Types of Advisory Services Siharum offers investment advisory services on either a discretionary or consulting basis to high-net-worth individuals, pension and profit-sharing plans, trusts, estates and charitable organizations. Client relationship asset levels generally range between $1M and $100M. Investment advisory services to client securities accounts (“Portfolios”) are provided pursuant to a written investment advisory agreement (“Agreement”). Investment Philosophy and Process At the core of Siharum’s approach is its “open-architecture” framework and third-party investment manager evaluation, selection and on-going monitoring. Under Siharum’s own Manager First® approach, the process starts with the identification of high-quality managers irrespective of asset class or style categorization. Actively managed or passive (index) products offered by these managers are then selectively combined to create a holistic portfolio that is customized to the specific investment objectives of the client and thoughtfully diversified across multiple dimensions such as asset classes, liquidity profiles, regions, investment styles and underlying portfolio compositions. This philosophy applies to both discretionary and consulting clients. 1. Investment Consulting Under this type of relationship, Siharum is engaged to review and provide on- going investment advice and recommendations in accordance with its overall firm philosophy and based on the client’s return and risk objectives and service requirements as documented in a written Agreement. This is a customized service that is offered to clients with Portfolio assets typically in excess of $20 million. Siharum does not have the discretion to make changes to the client Portfolios under these arrangements, unless express written consent and authorization is provided by the client for each transaction. 2. Discretionary Investment Management These arrangements

are typically for clients with Portfolio assets in the $2.5 million to $20 million range. Here, Siharum is provided with trading discretion pursuant to written authorization from the client. The client’s Portfolio is managed, serviced, and monitored on an on-going basis pursuant to a written Agreement. This Agreement includes a customized Statement of Investment Objectives which documents the client’s investment objectives, risk tolerances, time horizon/liquidity profile and tax considerations. Services Limited to Specific Types of Investments Siharum typically invests client assets with third-party investment managers whose investment products include comingled investment vehicles such as mutual funds, exchange traded funds (“ETFs”), REITs, hedge funds, private equity funds, other pooled funds, and limited partnerships. Client assets may also be invested in third-party investment manager separately managed accounts (which may invest in a variety of equity, fixed income, and derivative securities.) Siharum may, on a limited basis, use other types of instruments to properly diversify a Portfolio. Other Services In limited cases, Siharum or a principal of Siharum may also agree to act as a trustee to a client, which is a trust, or to a trust affiliated with a client. C. Client Tailored Services and Client Imposed Restrictions Siharum’s investment philosophy applies to all its clients, however, client specific profiles and/or restrictions are used to construct a customized investment program which will guide the selection of Portfolio investments or Portfolio recommendations. Clients may request that Siharum limit investments of certain securities or types of securities in accordance with their values or beliefs or for other reasons. Any such restrictions must be discussed, documented, and agreed to in writing by Siharum. If the proposed restrictions would, in the sole opinion of Siharum, prevent the firm from properly servicing the client, or properly investing the Portfolio, or if the restrictions would require Siharum to deviate significantly from its standard suite of services, Siharum reserves the right to decline the requested restrictions. D. Wrap Fee Programs Siharum does not sponsor or participate in any wrap fee programs. E. Advisory Assets Siharum had assets under advisory totaling $560,561,199 as of December 31, 2023. Discretionary Investment Management Assets: Investment Consulting Assets: Valuation Date: $409,542,111 $151,019,088 12/31/2023